Public Charity

MCLENNAN COMMUNITY INVESTMENT FUND

MCLENNAN COMMUNITY INVESTMENT FUND, of AUSTIN, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $243K in revenue, $175K in expenses, $649K in total assets. 5 publicly reported grants to this organization, totaling roughly $109K, appear in IRS filings.

EIN: 844371176 AUSTIN, TX Financial Institutions NTEE: W60 Latest filing: 2024
Total Revenue$243K
Total Expenses$175K
Total Assets$649K
Grant Records5
Funding Total$109K
Filing Years2020–2024

Mission

TO SERVE SMALL BUSINESS OWNERS LACKING ACCESS TO TRADITIONAL BANKING SYSTEMS BY OFFERING ACCESS TO CAPITAL AND FINANCIAL HOW-TO ASSISTANCE

Where $100 goes at McLennan Community Investment Fund

How McLennan Community Investment Fund divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$82 Programs the work itself
$18 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $82 for programs

$82
Mclennan Community Investment Fund (mccif) is a financing entity that obtains a certification from the community development financial institutions fund of the us treasury department for the purpose…
All 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

PRESIDENT Alfred Solano
DIRECTOR Andrea Barefield
DIRECTOR Austin Buchs
TREASURER Jane Allen
SECRETARY Jocelyn Williams
VICE PRESIDENT John Alexander

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$28,000 2 grants
Unspecified
$81,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $243K $175K $649K
2023 $331K $269K $541K
2022 $290K $160K $474K
2021 $215K $107K $346K
2020 $236K $622 $335K

Between 2020 and 2024, reported annual revenue grew from $236K to $243K (+3%), with total assets most recently reported at $649K.

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

See the full picture for MCLENNAN COMMUNITY INVESTMENT FUND

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