Public Charity

INSTITUTE FOR COMMUNITY ECONOMICS INC

INSTITUTE FOR COMMUNITY ECONOMICS INC, of WASHINGTON, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.4M in revenue, $6.4M in expenses, $26.4M in total assets. 1 publicly reported grants to this organization, totaling roughly $20K, appear in IRS filings.

EIN: 042617283 WASHINGTON, DC Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$6.4M
Total Expenses$6.4M
Total Assets$26.4M
Grant Records1
Funding Total$20K
Filing Years2019–2024

Mission

TO PROMOTE THE COMMUNITY LAND TRUST MODEL OF PERMANENT AFFORDABLE HOUSING, LAND STEWARDSHIP AND COMMUNITY DEVELOPMENT THROUGH THE OPERATION OF A REVOLVING LOAN FUND.

Where $100 goes at Institute for Community Economics Inc

How Institute for Community Economics Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$91 Programs the work itself
$6 Management running the organization
$3 Fundraising raising the next dollar

Inside the $91 for programs

$91
Made low interest loans to community organizations for housing, land, and community development projects designed to aid low-income people
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Adnan Bokhari
ASSISTANT SECRETARY/SECRETARY Alice Hamilton Evert
SECRETARY (AS OF 12/3/24) Amy Lieber
BOARD MEMBER Brett Macleod
BOARD MEMBER Chrystal Kornegay
BOARD MEMBER Dan Ehrenberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.4M $6.4M $26.4M
2023 $2.1M $2.0M $23.4M
2022 $377K $310K $9.6M
2020 $268K $329K $6.5M
2019 $388K $380K $6.8M

Between 2019 and 2024, reported annual revenue grew from $388K to $6.4M (+1540%), with total assets most recently reported at $26.4M.

Interactive year-over-year charts and full filing details available with membership.

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