NCRC COMMUNITY DEVELOPMENT FUND INC
EIN: 26-1269202Washington, DCZIP: 20005
S40 - Community Improvement & Capacity Building501(c)(3)
Mission
NCRC CDFI'S MISSION IS TO HELP BRIDGE THE RACIAL WEALTH DIVIDE BY SUPPORTING ENTREPRENEURSHIP AND AFFORDABLE HOMEOWNERSHIP IN AMERICA'S UNDERSERVED COMMUNITIES. NCRC CDFI IS A US TREASURY-CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES ACCESS TO CAPITAL NOT AVAILABLE THROUGH TRADITIONAL FINANCIAL INSTITUTIONS AS WELL AS ACCESS TO BUSINESS TRAINING SERVICES. NCRC CDFI ALSO ACCELERATES CREATION OF AFFORDABLE HOUSING BY PROVIDING DEVELOPERS WITH FINANCIAL INCENTIVES TO BUILD IN NEIGHBORHOODS HISTORICALLY UNDERSERVED.
Financials
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $164.7M | $0 | $67.3M |
Compensation
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Data from IRS Form 990 filings (2023).