Public Charity

African American Alliance of CDFI CEOs

African American Alliance of CDFI CEOs is a Public Charity headquartered in Orlando, FL. Financial data from the 2025 filing: $5.6M revenue, $6.9M expenses, $15.1M total assets. 17 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 852659114 Orlando, FL Alliances & Advocacy NTEE: S01 Latest filing: 2025
Total Revenue$5.6M
Total Expenses$6.9M
Total Assets$15.1M
Grant Records17
Funding Total$1.8M
Filing Years2021–2025

Mission

The Alliance serves Black -led CDFI Nationwide. Founded in 2018, The Alliance has grown with 56 Black -led Community Development Financial institutions (CDFIs) committed to the support and growth of Black Communities and the Black executives leading CDFIs that serve those community

Where $100 goes at African American Alliance of CDFI CEOs

How African American Alliance of CDFI CEOs divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$80 Programs the work itself
$18 Management running the organization
$2 Fundraising raising the next dollar

Inside the $80 for programs

$34
The Programs & Strategic Initiatives (PS&I) Program designs and manages the delivery of learning, capacity-building, and strategic initiatives that strengthen the operational, financial, and leadership capacity of Black-led…
43% of program spending
$20
The Economic Development and Lending Program works in fulfillment of one of the three mission pillars of the Alliance
24% of program spending
$14
The Policy & Research Program supports the Alliance's mission by providing policy analysis, research, strategic advocacy, and data collection on issues affecting Black-led CDFIs and the communities they…
18% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

President/Admin Amber Banks
CFO/Admin Awamary Khan
Member Emeritus Calvin Holmes
SVP / Programs & Strategic Chavella Sangokoya
Chair Donna Grambrell
Director Dr Gene Gelgelu

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,220,000 8 grants
Environment & Conservation
$270,000 2 grants
Economic Development
$50,000 2 grants
Training & Professional Development
$43,334 1 grant
Fundraising & Sponsorship
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $5.6M $6.9M $15.1M
2024 $8.6M $5.8M $14.5M
2023 $9.1M $7.7M $12.2M
2021 $2.9M $1.8M $1.9M

Between 2021 and 2025, reported annual revenue grew from $2.9M to $5.6M (+95%), with total assets most recently reported at $15.1M.

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

See the full picture for African American Alliance of CDFI CEOs

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