Public Charity

COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE

COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2024 filing: $7.5M revenue, $2.8M expenses, $22.6M total assets. 1 publicly reported grants to this organization, totaling roughly $10K, appear in IRS filings.

EIN: 411800192 NEW YORK, NY Latest filing: 2024
Total Revenue$7.5M
Total Expenses$2.8M
Total Assets$22.6M
Grant Records1
Funding Total$10K
Filing Years2019–2024

Mission

THE COMMUNITY DEVELOPMENT VENTURE CAPTIAL ALLIACE (CDVCA) IS THE NETWORK OF THE COMMUNITY DEVLEOPMENT VENTURE CAPTIAL INDUSTRY. CDVCA PROMOTES THE AVAILABILITY AND USE OF FLEXIBLE EQUITY RISK CAPITAL TO FUEL BUSINESSES GROWTH TO CREATE GOOD JOBS, PRODUCTIVE WEALTH, AND ENTREPRENEURIAL CAPACITY THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.

Sample Grants Received

2025
SUPPORT OF CDFI ACTIVITY IN DISABILITIES
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

TREASURER / MANAGING DIRECTOR Alan Bernstein
VICE PRESIDENT Alexandria Harris
MANAGING DIRECTOR Ernesto Villarini
PRESIDENT Kerwin Tesdell
DIRECTOR Myrna Rivera
CHAIRMAN Nathaniel Henshaw

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT OF CDFI ACTIVITY IN DISABILITIES
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $7.5M $2.8M $22.6M
2023 $6.0M $2.1M $18.3M
2022 $4.7M $1.7M $14.6M
2020 $4.8M $982K $8.7M
2019 $2.4M $914K $4.9M

Between 2019 and 2024, reported annual revenue grew from $2.4M to $7.5M (+209%), with total assets most recently reported at $22.6M.

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

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