Public Charity

CITY FIRST ENTERPRISES INC

CITY FIRST ENTERPRISES INC is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2025 filing: $9.7M revenue, $9.0M expenses, $86.3M total assets. 14 publicly reported grants to this organization, totaling roughly $2.9M, appear in IRS filings.

EIN: 522101165 WASHINGTON, DC Human Service Organizations NTEE: P20 Latest filing: 2025
Total Revenue$9.7M
Total Expenses$9.0M
Total Assets$86.3M
Grant Records14
Funding Total$2.9M
Filing Years2021–2025

Mission

CITY FIRST ENTERPRISES IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SPECIALIZING IN FLEXIBLE LENDING FOR AFFORDABLE HOUSING, COMMERCIAL REAL ESTATE, SMALL BUSINESSES, NON-PROFITS, CLEAN ENERGY, AND HOMEOWNERSHIP. WITH A MISSION TO CREATE EQUITABLE FINANCIAL SOLUTIONS TO SUPPORT PEOPLE AND COMMUNITIES IN ACHIEVING THEIR ECONOMIC ASPIRATIONS, WE ENVISION A FUTURE WHERE ALL PEOPLE AND COMMUNITIES TRANSFORM THEIR FUTURES THROUGH EQUITABLE ACCESS TO CAPITAL.

Where $100 goes at City First Enterprises Inc

How City First Enterprises Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$95 Programs the work itself
$4 Management running the organization
$1 Fundraising raising the next dollar

Inside the $95 for programs

$95
Managed portfolio of deployed funds in subordinated loans to nonprofits, small businesses, green energy, and affordable housing organizations within the greater Washington metropolitan community, as well as provide…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DETROIT REGION
$35,744
2024
TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DETROIT REGION
$233,771
2023
TO CATALYZE BUSINESS GROWTH AND SUPPORT BUSINESS SUCCESS FOR DC OWNED FOOD BUSINESSES
$63,726
2022
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
$250,000

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

DIRECTOR Amber Bell
DIRECTOR OF IMPACT Arisa Koyama
CHAIR OF THE BOARD Brian Argrett
DIRECTOR David Mcgrady
DIRECTOR Dr William Longbrake
DIRECTOR Estrella Lucero

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$835,000 4 grants
Economic Development
$723,500 1 grant
Health & Medicine
$500,000 1 grant
Housing & Homelessness
$269,515 2 grants
Civil Rights & Social Justice
$200,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $9.7M $9.0M $86.3M
2024 $15.3M $12.1M $74.2M
2023 $21.5M $20.2M $68.1M
2022 $55.5M $50.8M $60.7M
2021 $41.2M $41.0M $50.6M

Between 2021 and 2025, reported annual revenue declined from $41.2M to $9.7M (-76%), with total assets most recently reported at $86.3M.

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

See the full picture for CITY FIRST ENTERPRISES INC

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