Public Charity

CAPITALPLUS EXCHANGE CORPORATION

CAPITALPLUS EXCHANGE CORPORATION, of SKOKIE, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.9M in revenue, $2.4M in expenses, $6.5M in total assets. 6 publicly reported grants to this organization, totaling roughly $13.8M, appear in IRS filings.

EIN: 300199985 SKOKIE, IL Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$1.9M
Total Expenses$2.4M
Total Assets$6.5M
Grant Records6
Funding Total$13.8M
Filing Years2020–2024

Mission

CAPITALPLUS EXCHANGE CORPORATION ("CAPPLUS OR "THE ORGANIZATION") IS REGISTERED AS A NONPROFIT CORPORATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE OF 1986, AS AMENDED. THE ORGANIZATION OPERATES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, TO MAKE CAPACITY-BUILDING SERVICES AVAILABLE AT SUBSTANTIALLY BELOW COST TO FINANCIAL INSTITUTIONS IN DEVELOPING AND TRANSITIONAL MARKETS THAT SERVE SMALL BUSINESSES, MICRO-ENTERPRISES, AND UNDERSERVED COMMUNITIES, TO PROMOTE ECONOMIC DEVELOPMENT, POVERTY REDUCTION AND OTHERWISE BENEFIT LOW-INCOME PERSONS.

Where $100 goes at Capitalplus Exchange Corporation

How Capitalplus Exchange Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$83 Programs the work itself
$15 Management running the organization
$2 Fundraising raising the next dollar

Inside the $83 for programs

$66
Capacity building
80% of program spending
$17
Partnerships
20% of 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

DIRECTOR Cyrille Arnould
CHAIRPERSON & DIRECTOR Eric Friedenwald-Fishman
DIRECTOR Ishmael Mkhabela
DIRECTOR (THRU 12/24) Jennifer Hoffmann
CHAIRPERSON & DIRECTOR Karim Ahamed
PRESIDENT & CEO Lynn Pikholz

Officer compensation and complete director data available with membership.

Top Grant Purposes

Civil Rights & Social Justice
$13,749,548 4 grants
General Support
$30,000 1 grant
Unspecified
$17,700 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $2.4M $6.5M
2023 $3.8M $3.7M $1.3M
2022 $2.8M $2.9M $3.2M
2021 $1.1M $1.7M $2.4M
2020 $459K $1.4M $2.1M

Between 2020 and 2024, reported annual revenue grew from $459K to $1.9M (+317%), with total assets most recently reported at $6.5M.

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

See the full picture for CAPITALPLUS EXCHANGE CORPORATION

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