Public Charity

CITY FIRST ENTERPRISES INC

CITY FIRST ENTERPRISES INC is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $15.3M revenue, $12.1M expenses, $74.2M total assets. 13 publicly reported grants to this organization, totaling roughly $2.9M, appear in IRS filings.

EIN: 522101165 WASHINGTON, DC Latest filing: 2024
Total Revenue$15.3M
Total Expenses$12.1M
Total Assets$74.2M
Grant Records13
Funding Total$2.9M
Filing Years2020–2024

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.

Sample Grants Received

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
2022
FINANCE JUSTICE FUND SUBGRANT
$200,000

Showing up to 5 of 13 total records — full history available with membership.

Officers & Directors

DIRECTOR Amber Kucher Bell
CHAIRMAN OF THE BOARD Brian Argrett
DIRECTOR Chuck Muckenfuss
VICE-CHAIRMAN OF THE BOARD David Mcgrady
DIRECTOR Dr William Longbrake
DIRECTOR Estrella Lucero

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPEN FOR BUSINESS FUND AND ENTREPRENEURS OF COLOR
$723,500 1 grant
TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION
$535,000 2 grants
COVID-19 RECOVERY
$500,000 1 grant
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
$250,000 1 grant
TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DETROIT REGION
$233,771 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $13.3M $11.2M $33.3M

Between 2020 and 2024, reported annual revenue grew from $13.3M to $15.3M (+15%), with total assets most recently reported at $74.2M.

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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