Public Charity

GROUNDSWELL CAPITAL

GROUNDSWELL CAPITAL, of TUCSON, AZ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.1M in revenue, $592K in expenses, $13.8M in total assets. 2 publicly reported grants to this organization, totaling roughly $85K, appear in IRS filings.

EIN: 861017490 TUCSON, AZ Latest filing: 2025
Total Revenue$1.1M
Total Expenses$592K
Total Assets$13.8M
Grant Records2
Funding Total$85K
Filing Years2023–2025

Mission

GROUNDSWELL CAPITAL IS AN ARIZONA-BASED 501(C)(3) NONPROFIT LENDER FOCUSED ON CREATING INNOVATIVE, BLENDED CAPITAL SOLUTIONS TO TACKLE OUR COMMUNITIES' BIGGEST CHALLENGES AND INVEST IN A VIBRANT, CLEAN ECONOMY WHERE ALL RESIDENTS CAN PROSPER.

Officers & Directors

BOARD MEMBER Amber Cordoba
PRESIDENT Andrea Thompson
BOARD MEMBER Angelo Torrealba
BOARD MEMBER Anne Dougherty
VICE-PRESIDENT Dave Dicosola
BOARD MEMBER Mark Mansfield

Officer compensation and complete director data available with membership.

Top Grant Purposes

WATER INFRASTRUCTURE PROJECTS
$50,000 1 grant
FINANCIAL CAPABILITY
$35,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.1M $592K $13.8M
2024 $2.4M $1.0M $3.2M
2023 $1.0M $584K $987K

Between 2023 and 2025, reported annual revenue grew from $1.0M to $1.1M (+6%), with total assets most recently reported at $13.8M.

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

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