Civic Intelligence

Impact Capital

990 • Fiscal year 2017 • EIN 94-3196958

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

Organization ProfileWWW.IMPACTCAPITAL.ORG

View Organization Page

701 Pike StreetSeattle, WA 98101

(206) 587-3200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.78x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

7.93x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

33rd percentile

$128,489

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

66th percentile

9.4%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

235%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Flat

$19,273,740

Flat from 2017

Net Assets

Flat

$4,146,658

Flat from 2017

Liabilities

Flat

$15,127,082

Flat from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin85th percentile

Revenue

Flat

$1,907,967

Flat from 2017

Expenses

Flat

$1,282,383

Flat from 2017

Net Income

Flat

$625,584

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $24,536,725Liabilities 2010: $20,883,426Net Assets 2010: $3,653,2992010Assets 2011: $23,966,079Liabilities 2011: $21,184,647Net Assets 2011: $2,781,4322011Assets 2012: $23,199,551Liabilities 2012: $20,509,445Net Assets 2012: $2,690,1062012Assets 2013: $22,311,399Liabilities 2013: $18,901,966Net Assets 2013: $3,409,4332013Assets 2014: $21,041,680Liabilities 2014: $17,380,755Net Assets 2014: $3,660,9252014Assets 2015: $17,754,362Liabilities 2015: $13,632,893Net Assets 2015: $4,121,4692015Assets 2016: $17,615,405Liabilities 2016: $14,094,331Net Assets 2016: $3,521,0742016Assets 2017: $19,273,740Liabilities 2017: $15,127,082Net Assets 2017: $4,146,6582017Assets 2017: $19,273,740Liabilities 2017: $15,127,082Net Assets 2017: $4,146,6582017Assets 2018: $18,551,847Liabilities 2018: $14,164,605Net Assets 2018: $4,387,2422018Assets 2019: $19,908,599Liabilities 2019: $15,078,205Net Assets 2019: $4,830,3942019Assets 2020: $24,308,333Liabilities 2020: $19,360,102Net Assets 2020: $4,948,2312020Assets 2021: $22,195,180Liabilities 2021: $16,576,112Net Assets 2021: $5,619,0682021Assets 2022: $22,764,384Liabilities 2022: $17,652,044Net Assets 2022: $5,112,3402022Assets 2023: $19,594,341Liabilities 2023: $14,174,131Net Assets 2023: $5,420,2102023Assets 2024: $19,443,981Liabilities 2024: $14,411,738Net Assets 2024: $5,032,2432024

Highlighted filing

2017

Assets$19,273,740
Liabilities$15,127,082
Net Assets$4,146,658
Open 2017 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,629,3242010Expenses 2011: $2,340,1202011Expenses 2012: $1,944,4682012Revenue 2013: $1,945,924Expenses 2013: $1,199,923Net Income 2013: $746,0012013Revenue 2014: $1,545,756Expenses 2014: $1,300,624Net Income 2014: $245,1322014Revenue 2015: $1,506,867Expenses 2015: $1,074,872Net Income 2015: $431,9952015Revenue 2016: $569,188Expenses 2016: $1,169,583Net Income 2016: -$600,3952016Revenue 2017: $1,907,967Expenses 2017: $1,282,383Net Income 2017: $625,5842017Revenue 2017: $1,907,967Expenses 2017: $1,282,383Net Income 2017: $625,5842017Revenue 2018: $1,231,661Expenses 2018: $991,077Net Income 2018: $240,5842018Revenue 2019: $1,243,404Expenses 2019: $800,252Net Income 2019: $443,1522019Revenue 2020: $1,337,984Expenses 2020: $922,435Net Income 2020: $415,5492020Revenue 2021: $1,412,202Expenses 2021: $969,195Net Income 2021: $443,0072021Revenue 2022: $961,614Expenses 2022: $1,468,342Net Income 2022: -$506,7282022Revenue 2023: $1,236,112Expenses 2023: $928,242Net Income 2023: $307,8702023Revenue 2024: $1,375,793Expenses 2024: $1,763,760Net Income 2024: -$387,9672024

Highlighted filing

2017

Revenue$1,907,967
Expenses$1,282,383
Net Income$625,584
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$1,907,967
Mission and Program Overview

Mission

Impact Capital is a community development financial institution that makes strategic investments in nonprofit organizations, tribal entities, and housing authorities to spur community development; including affordable housing, art and cultural centers, community facilities, and vibrant commercial districts. Our work transforms distressed communities and neighborhoods into healthy ones - good places to live, work, do business, and raise families.

Leading catalyst in building and advocating for equitable, vibrant, and sustainable communities. We provide access to capital to low- and moderate-income communities in the northwest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,453,168$15,979,475▲ $8,526,307
Savings and Temporary Cash Investments$9,356,266$1,722,997▼ $7,633,269
Pledges and Grants Receivable$0$797,006▲ $797,006
Cash and Non-Interest-Bearing Accounts$722,268$738,094▲ $15,826
Prepaid Expenses and Deferred Charges$21,802$24,157▲ $2,355
Accounts Receivable$22,148$0▼ $22,148
Land, Buildings, and Equipment, Net$3,610$4,010▲ $400
Total Assets$17,615,405$19,273,740▲ $1,658,335
Other Assets Total$36,143$8,001▼ $28,142
Liabilities
Unsecured Notes Loans Payable$14,000,000$15,000,000▲ $1,000,000
Accounts Payable and Accrued Expenses$57,810$63,618▲ $5,808
Other Liabilities$36,521$63,464▲ $26,943
Total Liabilities$14,094,331$15,127,082▲ $1,032,751
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,648,581$3,460,020▲ $811,439
Unrestricted Net Assets$872,493$686,638▼ $185,855
Total Net Assets Fund Balance$3,521,074$4,146,658▲ $625,584
Total Liabilities and Net Assets / Fund Balance$17,615,405$19,273,740▲ $1,658,335

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,499$80,154$81,653
Leasehold Improvements$2,511$4,186$6,697
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Judith OlsenPresidentFT$124,541$3,948$128,489

Board Members and Trustees

NameTitle
Lowel KruegerBoard Chair
Kim HermanImmediate Past President
Saeed J HajarizadehVice Chair
Ann MeloneBoard Member
Bryan KetchamBoard Member
Greg WinterBoard Member
Kim EthertonBoard Member
Leanne AntonioBoard Member
Mark SmithBoard Member
Maureen FifeBoard Member
Randy RobinsonBoard Member
Steve WalkerBoard Member
Doug PrinceSecretary
Susan DurenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$904,585
Program Service Revenue
$991,664
Investment Income
$11,718
Other Revenue
$0
All Other Contributions
$128,085
Change in Net Assets
$625,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,907,967
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,907,967
Total Revenue per Form 990
$1,907,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$859,520
Salaries, Compensation, and Employee Benefits$422,863
Total Fundraising Expense$25,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$239,782$8,815$464$249,061
Other Salaries and Wages$61,706$119,996$4,475$186,177
Current Officers, Directors, Trustees, and Key Employees$42,586$82,815$3,088$128,489
Occupancy$39,688$58,854$3,181$101,723
Fees for Services Accounting$14,319$49,256$6,825$70,400
Other Employee Benefits$22,627$44,002$1,641$68,270
Payroll Taxes$12,232$23,788$887$36,907
Office Expenses$19,373$14,861$879$35,113
Other Expenses$22,691$6,817$335$29,843
Fees for Services Legal$5,277$18,152$2,515$25,944
Travel$5,802$9,954$138$15,894
Insurance$7,280$4,545$78$11,903
Fees for Services Other$1,871$6,436$893$9,200
Pension Plan Contributions$1,001$1,946$73$3,020
Conferences and Meetings$924$1,057$25$2,006
Depreciation Depletion-$1,473-$1,473
Total Functional Expenses$804,119$452,767$25,497$1,282,383

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,282,383
Total Expenses per Audited Statements$1,282,383
Total Expenses per Form 990$1,282,383
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$63,464
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft 990 is provided to the governing board via email and the board members were given several days to make comments or ask questions regarding the draft. The board then approves the draft to be finalized and filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“A conflict of interest disclosure form is provided to each board member annually. All board members returned their disclosure from prior to year-end and no conflicts were noted.”

Form 990, Part VI, Section B, Line 15A

“In 2017, a cdfi loan fund compensation survey was purchased to be used to determine appropriate salary based on similar positions.”

Form 990, Part VI, Section C, Line 19

“Documents are not available to the public.”

Filing and Contact Details

Filer

Filer Name
Impact Capital
EIN
94-3196958
Phone
2065873200
Address
701 PIKE STREET, SEATTLE, WA 98101

Signing Officer

Name
Judith Olsen
Title
President
Phone
2065873200
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judith Olsen
Formed
1993
Legal Domicile
Wa
Voting Board Members
15
Independent Board Members
14
Employees
9
Volunteers
0

Preparer

Firm
PETERSON SULLIVAN LLP CPA'S
Address
601 UNION ST STE 2300, SEATTLE, WA 98101-2345
Preparer
Nathan J Hartman
Phone
2063827777
Raw XML AppendixShowing 400 of 495 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt057810
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt063618
IRS990/AccountsReceivableGrp/BOYAmt022148
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LEADING CATALYST IN BUILDING AND ADVOCATING FOR EQUITABLE, VIBRANT, AND SUSTAINABLE COMMUNITIES. WE PROVIDE ACCESS TO CAPITAL TO LOW- AND MODERATE-INCOME COMMUNITIES IN THE NORTHWEST.
IRS990/AllOtherContributionsAmt0128085
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LORA BOURELLE
IRS990/BooksInCareOfDetail/PhoneNum02065873200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0701 PIKE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098101
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0722268
IRS990/CashNonInterestBearingGrp/EOYAmt0738094
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03088
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt082815
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt042586
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0128489
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt025
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01057
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0924
IRS990/ConferencesMeetingsGrp/TotalAmt02006
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0904585
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt011718
IRS990/CYOtherExpensesAmt0859520
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0991664
IRS990/CYRevenuesLessExpensesAmt0625584
IRS990/CYSalariesCompEmpBnftPaidAmt0422863
IRS990/CYTotalExpensesAmt01282383
IRS990/CYTotalFundraisingExpenseAmt025497
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01907967
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01473
IRS990/DepreciationDepletionGrp/TotalAmt01473
IRS990/Desc0IMPACT CAPITAL MANAGES TWO LOAN POOLS THAT PROVIDE LOANS TO NONPROFIT ORGANIZATIONS, HOUSING AUTHORITIES, AND TRIBAL ENTITIES, FOR THE CREATION OF AFFORDABLE HOUSING AND COMMUNITY FACILITIES. AFFORDABLE HOUSING FINANCED BY IMPACT CAPITAL SERVICES PEOPLE TYPICALLY AT OR BELOW 80% OF AREA MEDIAN INCOME. COMMUNITY FACILITIES PROVIDE ACCESS TO SERVICES FOR LOW AND MODERATE INCOME PEOPLE. LOANS ARE USED TO FUND PROPERTY ACQUISITION, PREDEVELOPMENT EXPENSES, OR TO BRIDGE PERMANENT CAPITAL. THESE ARE OFTEN TRANSACTIONS THAT DO NOT MEET THE RISK PROFILES OF TRADITIONAL BANK LENDERS. IMPACT CAPITAL WAS CREATED TO PROVIDE ACCESS TO CAPITAL AND OTHER RESOURCES FOR UNDERSERVED COMMUNITIES. OUR LENDING PROVIDES A FOUNDATION FOR NEW DEVELOPMENT THAT ATTRACTS PUBLIC AND PRIVATE PERMANENT FINANCING AND SERVES AS A NEEDED CATALYST FOR DEVELOPMENT. WE HELP BUILD EQUITABLE COMMUNITIES WITH CLEAN, SAFE AFFORDABLE HOUSING, AND ACCESS TO SERVICES INCLUDING PARKS, SCHOOLS, AND VIBRANT COMMERCIAL CORRIDORS. IN 2017, IMPACT CAPITAL CLOSED $18.5 MILLION IN LOANS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0804119
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt06825
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt049256
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt014319
IRS990/FeesForServicesAccountingGrp/TotalAmt070400
IRS990/FeesForServicesLegalGrp/FundraisingAmt02515
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt018152
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05277
IRS990/FeesForServicesLegalGrp/TotalAmt025944
IRS990/FeesForServicesOtherGrp/FundraisingAmt0893
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06436
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01871
IRS990/FeesForServicesOtherGrp/TotalAmt09200
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt143948
IRS990/Form990PartVIISectionAGrp/PersonNm0LEANNE ANTONIO
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN DUREN
IRS990/Form990PartVIISectionAGrp/PersonNm2KIM ETHERTON
IRS990/Form990PartVIISectionAGrp/PersonNm3MAUREEN FIFE
IRS990/Form990PartVIISectionAGrp/PersonNm4SAEED J HAJARIZADEH
IRS990/Form990PartVIISectionAGrp/PersonNm5KIM HERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6BRYAN KETCHAM
IRS990/Form990PartVIISectionAGrp/PersonNm7LOWEL KRUEGER
IRS990/Form990PartVIISectionAGrp/PersonNm8DOUG PRINCE
IRS990/Form990PartVIISectionAGrp/PersonNm9RANDY ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm10MARK SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11STEVE WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm12GREG WINTER
IRS990/Form990PartVIISectionAGrp/PersonNm13ANN MELONE
IRS990/Form990PartVIISectionAGrp/PersonNm14JUDITH OLSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14124541
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0776500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01907967
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt078
IRS990/InsuranceGrp/ManagementAndGeneralAmt04545
IRS990/InsuranceGrp/ProgramServicesAmt07280
IRS990/InsuranceGrp/TotalAmt011903
IRS990/InterestGrp/FundraisingAmt0464
IRS990/InterestGrp/ManagementAndGeneralAmt08815
IRS990/InterestGrp/ProgramServicesAmt0239782
IRS990/InterestGrp/TotalAmt0249061
IRS990/InvestmentIncomeGrp/ExclusionAmt011718
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011718
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt084340
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03610
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04010
IRS990/LandBldgEquipCostOrOtherBssAmt088350
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IMPACT CAPITAL IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT MAKES STRATEGIC LOANS IN NONPROFIT ORGANIZATIONS, TRIBAL ENTITIES, AND HOUSING AUTHORITIES TO SPUR COMMUNITY DEVELOPMENT, INCLUDING AFFORDABLE HOUSING, ART AND CULTURAL CENTERS, COMMUNITY FACILITIES, AND VIBRANT COMMERCIAL DISTRICTS. OUR WORK TRANSFORMS DISTRESSED COMMUNITIES AND NEIGHBORHOODS INTO HEALTHY ONES - GOOD PLACES TO LIVE, WORK, DO BUSINESS, AND RAISE FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03521074
IRS990/NetAssetsOrFundBalancesEOYAmt04146658
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03181
IRS990/OccupancyGrp/ManagementAndGeneralAmt058854
IRS990/OccupancyGrp/ProgramServicesAmt039688
IRS990/OccupancyGrp/TotalAmt0101723
IRS990/OfficeExpensesGrp/FundraisingAmt0879
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014861
IRS990/OfficeExpensesGrp/ProgramServicesAmt019373
IRS990/OfficeExpensesGrp/TotalAmt035113
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt036143
IRS990/OtherAssetsTotalGrp/EOYAmt08001
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01641
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt044002
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022627
IRS990/OtherEmployeeBenefitsGrp/TotalAmt068270
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0335
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06817
IRS990/OtherExpensesGrp/ProgramServicesAmt0306960
IRS990/OtherExpensesGrp/ProgramServicesAmt122691
IRS990/OtherExpensesGrp/TotalAmt0306960
IRS990/OtherExpensesGrp/TotalAmt129843
IRS990/OtherLiabilitiesGrp/BOYAmt036521
IRS990/OtherLiabilitiesGrp/EOYAmt063464
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04475
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0119996
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt061706
IRS990/OtherSalariesAndWagesGrp/TotalAmt0186177
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07453168
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt015979475
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0887
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023788
IRS990/PayrollTaxesGrp/ProgramServicesAmt012232
IRS990/PayrollTaxesGrp/TotalAmt036907
IRS990/PensionPlanContributionsGrp/FundraisingAmt073
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01946
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01001
IRS990/PensionPlanContributionsGrp/TotalAmt03020
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0797006
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021802
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024157
IRS990/PrincipalOfficerNm0JUDITH OLSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1LOAN FEES
IRS990/ProgramServiceRevenueGrp/Desc2TRAINING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0790856
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1199883
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0790856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1199883
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2925
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt095681
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0117936
IRS990/PYInvestmentIncomeAmt020869
IRS990/PYOtherExpensesAmt0641914
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0452638
IRS990/PYRevenuesLessExpensesAmt0-600395
IRS990/PYSalariesCompEmpBnftPaidAmt0409733
IRS990/PYTotalExpensesAmt01169583
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0569188
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0625584
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0991664
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09356266
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01722997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0904585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt095681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01172864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0595698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0977399
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03746227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011718
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023455
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029706
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt085419
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt096734
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0247032
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03651067
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93560
IRS990ScheduleA/PublicSupportPY170Pct00.84010
IRS990ScheduleA/PublicSupportTotal170Amt03736092
IRS990ScheduleA/SubstantialContributorsTotAmt010135
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0904585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt095681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01172864
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0595698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0977399
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03746227
IRS990ScheduleA/TotalSupportAmt03993259
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01499
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080154
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt081653
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01282383
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02511
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04186
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06697
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt063464
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01907967
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04010
IRS990ScheduleD/TotalExpensesPerForm990Amt01282383
IRS990ScheduleD/TotalLiabilityAmt063464
IRS990ScheduleD/TotalRevenuePerForm990Amt01907967
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01907967
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01282383
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT 990 IS PROVIDED TO THE GOVERNING BOARD VIA EMAIL AND THE BOARD MEMBERS WERE GIVEN SEVERAL DAYS TO MAKE COMMENTS OR ASK QUESTIONS REGARDING THE DRAFT. THE BOARD THEN APPROVES THE DRAFT TO BE FINALIZED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFLICT OF INTEREST DISCLOSURE FORM IS PROVIDED TO EACH BOARD MEMBER ANNUALLY. ALL BOARD MEMBERS RETURNED THEIR DISCLOSURE FROM PRIOR TO YEAR-END AND NO CONFLICTS WERE NOTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN 2017, A CDFI LOAN FUND COMPENSATION SURVEY WAS PURCHASED TO BE USED TO DETERMINE APPROPRIATE SALARY BASED ON SIMILAR POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,273,740
Liabilities
$15,127,082
Net assets
$4,146,658
Revenue
$1,907,967
Expenses
$1,282,383
Net income
$625,584
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$19.4$14.4$5.03$1.38$1.76$0.39
2023Summary only. Only limited summary data is available for this year.$19.6$14.2$5.42$1.24$0.93$0.31
2022Summary only. Only limited summary data is available for this year.$22.8$17.7$5.11$0.96$1.47$0.51
2021Summary only. Only limited summary data is available for this year.$22.2$16.6$5.62$1.41$0.97$0.44
2020Summary only. Only limited summary data is available for this year.$24.3$19.4$4.95$1.34$0.92$0.42
2019Summary only. Only limited summary data is available for this year.$19.9$15.1$4.83$1.24$0.80$0.44
2018Summary only. Only limited summary data is available for this year.$18.6$14.2$4.39$1.23$0.99$0.24
2017Detailed filing. Detailed filing data is available for this year.$19.3$15.1$4.15$1.91$1.28$0.63
2017Summary only. Only limited summary data is available for this year.$19.3$15.1$4.15$1.91$1.28$0.63
2016Summary only. Only limited summary data is available for this year.$17.6$14.1$3.52$0.57$1.17$0.60
2015Summary only. Only limited summary data is available for this year.$17.8$13.6$4.12$1.51$1.07$0.43
2014Summary only. Only limited summary data is available for this year.$21.0$17.4$3.66$1.55$1.30$0.25
2013Summary only. Only limited summary data is available for this year.$22.3$18.9$3.41$1.95$1.20$0.75
2012Summary only. Only limited summary data is available for this year.$23.2$20.5$2.69$1.94
2011Summary only. Only limited summary data is available for this year.$24.0$21.2$2.78$2.34
2010Summary only. Only limited summary data is available for this year.$24.5$20.9$3.65$1.63