Mission
NCRC CDF, A US TREASURY-CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, PROVIDES ACCESS TO CAPITAL FOR AMERICA'S UNDERSERVED COMMUNITIES THAT SUPPORTS ENTREPRENEURSHIP AND AFFORDABLE HOMEOWNERSHIP.
Public Charity
NCRC COMMUNITY DEVELOPMENT FUND INC
NCRC COMMUNITY DEVELOPMENT FUND INC is a nonprofit organization categorized as Public Charity based in WASHINGTON, DC. Its most recent IRS filing (2024) reports revenue of $2.3M, expenses of $7.7M, total assets of $55.6M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $1.4M.
EIN: 261269202
WASHINGTON, DC
Business & Industry
NTEE: S40
Latest filing: 2024
Total Revenue$2.3M
Total Expenses$7.7M
Total Assets$55.6M
Grant Records3
Funding Total$1.4M
Filing Years2019–2024
Where $100 goes at Ncrc Community Development Fund Inc
How Ncrc Community Development Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$98
Programs
the work itself
$2
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $98 for programs
$55
The affordable housing program provides funding to entities to rehabilitate, develop, and promote affordable housing and home ownership in low- and moderate-income census tracts for persons of low-…
$42
The small business program provides funding to small businesses including minority-owned, women-owned and low-income businesses
$1
The american rescue plan grant made funds available for recovery to businesses in the arts, restaurants, and hotel sectors that experienced financial hardship due the COVID-19 pandemic
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.
Sample Grants Received
PROGRAM SUPPORT
$1,250,000
GENERAL SUPPORT
$100,000
GENERAL SUPPORT
$100,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
DIRECTOR
Charles Harris
DIRECTOR
Donna Gambrell
TREASURER
Irvin Henderson
BOARD CHAIR
Jesse Van Tol
SECRETARY
Robert Dickerson Jr
EXECUTIVE DIRECTOR
Simon Mcneil
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.3M | $7.7M | $55.6M |
| 2023 | $164.7M | $164.1M | $67.3M |
| 2022 | $1.4M | $3.0M | $60.5M |
| 2020 | $15.2M | $791K | $45.8M |
| 2019 | $550K | $520K | $31.2M |
Between 2019 and 2024, reported annual revenue grew from $550K to $2.3M (+309%), with total assets most recently reported at $55.6M.
Interactive year-over-year charts and full filing details available with membership.