Public Charity

ALTCAP

Based in KANSAS CITY, MO, ALTCAP operates as a Public Charity. The organization reported $3.8M in revenue, $9.4M in expenses, $29.3M in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $273K.

EIN: 412183377 KANSAS CITY, MO Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$3.8M
Total Expenses$9.4M
Total Assets$29.3M
Grant Records3
Funding Total$273K
Filing Years2019–2024

Mission

To be a catalyst for investment in Kansas City metropolitan communities throught innovative financial products, targeted economic and community development programming, and the development of strategic partnerships that promote community collaboration and capacity building.

Where $100 goes at Altcap

How Altcap divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$76 Programs the work itself
$20 Management running the organization
$4 Fundraising raising the next dollar

Inside the $76 for programs

$43
Small business development the organization provides in-kind service/resources to an affiliate organization that invest in innovative and measurable community development that aligns with and strengthens the financial, human…
56% of program spending
$31
Lending in 2024, the organization continued to deploy needed financing to underserved and overlooked entrepreneurs
41% of program spending
$2
New market tax credits since 2008, the organization has participated in a federal tax credit program that is used to stimulate investment in economically distressed communities
3% 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 Bianca Tillard-Gates
MARKET PRESIDENT Brian Savoy
DIRECTOR Carrece Scott
BOARD CHAIR David Brain
MARKET PRESIDENT David Ramirez
DIRECTOR OF LENDING Dawn Kennedy

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$140,000 1 grant
General Support
$133,274 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.8M $9.4M $29.3M
2023 $7.6M $4.0M $28.6M
2022 $6.8M $5.2M $30.3M
2020 $4.6M $2.6M $20.3M
2019 $2.9M $1.1M $9.8M

Between 2019 and 2024, reported annual revenue grew from $2.9M to $3.8M (+32%), with total assets most recently reported at $29.3M.

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

See the full picture for ALTCAP

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