African American Alliance of CDFI CEOs

Foundation · Grantmaker Orlando, FL EIN: 85-2659114

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

Key facts about African American Alliance of CDFI CEOs

In short: African American Alliance of CDFI CEOs gave $685K across 15 grants in 2025 (avg $46K). Source: 2025 IRS Form 990.

EIN
85-2659114
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$685,000
Grants made (2025)
15
Average grant
$45,667
Median grant
$15,000
Total assets
$15,113,990

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$15.1M

+4.0% YoY

Annual Giving

$685K

+2640.0% YoY

Grant Count

15

+1400.0% YoY

Avg Grant Size

$46K

+82.7% YoY

About African American Alliance of CDFI CEOs

Based on IRS filings

African American Alliance of CDFI CEOs is a nonprofit organization focused on Community Improvement & Capacity Building, based in Orlando, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $15.1M in total assets. In 2025, it awarded 15 grants totaling $685K. Net investment income was $116K.

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Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1MTotal only202122 grants20231 grants202415 grants2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

First Community Capital-TCL MOBILIZATION: $200KFirst Community Capital-TCLMOBILIZATION$200KAfrican Economic Development Solutions - GRANT: $75KAfrican Economic DevelopmentSolutions - GRANT$75KNeighborhood Development Grant funded by Target: $75KNeighborhood Development Grantfunded by Target$75KFresno Community Capital: $75KFresno Community Capital$75KNector grant reclass to the correct expense: $75KNector grant reclass to thecorrect expense$75KUrban Tilth - TCL: $50KUrban Tilth - TCL$50KCommunity Housing Development Corp of North Richmond: $50KCommunity Housing DevelopmentCorp of North Richmond$50KWindward Fund-WF-12012025-SUBGRANT: $15KWindwardFund-WF-12012025-SUBGRANT$15KHarlem Entrepreneurial Fund LLC - TCL: $10KHarlem Entrepreneurial FundLLC - TCL$10KBeech Capital Venture Corporation - TCL: $10KBeech Capital VentureCorporation - TCL$10K

Grant Size Distribution

38 grants across all recorded years

18<$50K19$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
First Community Capital-TCL MOBILIZATION Unrestricted$200,000
African Economic Development Solutions - GRANT Unrestricted$75,000
Neighborhood Development Grant funded by Target Unrestricted$75,000
Fresno Community Capital Unrestricted$75,000
Nector grant reclass to the correct expense Unrestricted$75,000
Urban Tilth - TCL Unrestricted$50,000
Community Housing Development Corp of North Richmond Unrestricted$50,000
Windward Fund-WF-12012025-SUBGRANT Unrestricted$15,000
Harlem Entrepreneurial Fund LLC - TCL Unrestricted$10,000
Beech Capital Venture Corporation - TCL Unrestricted$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2021202320242025
Metric202520242023
Total Assets$15,113,990$14,539,403$12,206,534
Revenue$5,636,061$8,592,780$9,148,814
Expenses$6,945,253$5,831,021$7,663,902
Qualifying Distributions———
Net Investment Income$115,951$16,867$252
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS August 11, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS July 9, 2026)

Leadership & Key People

Officers and directors from IRS filings

African American Alliance of CDFI CEOs is led by Lenwood V Long Sr., CEO & Administrator since 2024 (on filings since 2021); 6 of 17 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Lenwood V Long Sr.

    CEO & Administrator

    CEO President → Key Employees, 2023

    Key Employees → CEO & Administrator, 2024

    On filings since 2021

    1 hr/week

    $290K (2023) → $342K (2025)

  • Amber Banks

    President & Administrator

    New on the 2025 filing

    1 hr/week

    $263K (2025)

  • Donna Grambrell

    Chair

    Board Chair → Chair, 2023

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Gene Gelgelu

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Hilda Kennedy

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Paul Jones

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Ron Brooks

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Tate Hill

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Chavella Sangokoya

    Senior Vice President, Programs & Strategic

    Key Employees → Senior Vice President, Programs & Strategic Initiative, 2024

    Senior Vice President, Programs & Strategic Initiative → Senior Vice President, Programs & Strategic, 2025

    On filings since 2023

    1 hr/week

    $168K (2023) → $184K (2025)

  • Ryan Gremillion

    Vice President, Policy & Research

    Key Employees → Vice President, Policy & Research, 2024

    On filings since 2023

    1 hr/week

    $158K (2023) → $183K (2025)

  • Erica Lynn Mcpherson

    Senior Vice President & Economic Development

    Senior Vice President, Economic Development & Lending → Senior Vice President & Economic Development, 2025

    On filings since 2024

    1 hr/week

    $179K (2024) → $186K (2025)

  • Awamary Khan

    CFO & Administrator

    New on the 2025 filing

    1 hr/week

    $216K (2025)

  • Calvin Holmes

    Member Emeritus

    Vice Chair → Member Emeritus, 2024

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Vandell Hampton Jr.

    Secretary

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Victor Elmore

    Member Emeritus

    Treasurer → Member Emeritus, 2024

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Marshall Crawfoard

    Treasurer

    Director → Treasurer, 2024

    On filings since 2023

    120 hrs/week

    No compensation reported

  • Watchen Bruce

    Vice Chair

    Director → Vice Chair, 2024

    On filings since 2023

    120 hrs/week

    No compensation reported

Former officers (2)
  • Former: Amber Bond (2023) — Key Employees
  • Former: Inez Long (2021) — Assistant Treasurer

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Lenwood V Long Sr — CEO/Admin: $342KLenwood V Long SrCEO/Admin$342KAmber Banks — President/Admin: $263KAmber BanksPresident/Admin$263KAwamary Khan — CFO/Admin: $216KAwamary KhanCFO/Admin$216KErica Lynn Mcpherson — SVP/ Economic development: $186KErica Lynn McphersonSVP/ Economic development$186KChavella Sangokoya — SVP / Programs & Strategic: $184KChavella SangokoyaSVP / Programs & Strategic$184KRyan Gremillion — VP/ Policy & Research: $183KRyan GremillionVP/ Policy & Research$183K

Frequently asked questions about African American Alliance of CDFI CEOs

How much does African American Alliance of CDFI CEOs give each year?

African American Alliance of CDFI CEOs gave $685K across 15 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $25K across 1 grant.

What is African American Alliance of CDFI CEOs's typical grant size?

African American Alliance of CDFI CEOs's median grant in 2025 was $15,000, and its average grant was $45,667, across 15 grants on its 2025 IRS Form 990.

Does African American Alliance of CDFI CEOs give general operating support?

Yes: 100% of African American Alliance of CDFI CEOs's 2025 grants with a stated purpose (15 of 15) were for general or operating support, per its 2025 IRS Form 990.

Who are African American Alliance of CDFI CEOs's largest grantees?

African American Alliance of CDFI CEOs's largest 2025 grantees include First Community Capital-TCL MOBILIZATION ($200,000), African Economic Development Solutions - GRANT ($75,000) and Neighborhood Development Grant funded by Target ($75,000), according to its 2025 IRS Form 990. Together they received 51% of its itemized 2025 grant dollars.

How large is African American Alliance of CDFI CEOs?

African American Alliance of CDFI CEOs reported $15.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.6M.

What is African American Alliance of CDFI CEOs?

African American Alliance of CDFI CEOs is a nonprofit organization focused on Community Improvement & Capacity Building, based in Orlando, FL. It holds $15.1M in total assets as of 2025.

What is African American Alliance of CDFI CEOs's EIN?

African American Alliance of CDFI CEOs's EIN (Employer Identification Number) is 85-2659114. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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