Capital Impact Partners is a nonprofit Community Development Financial Institution (CDFI) headquartered in Arlington, Virginia, with a presence in Saudi Arabia and Jamaica. Founded in 1982, the organization is part of the Momentus Capital branded family of organizations and employs 92 people. Capital Impact Partners provides mission-driven financing, capacity-building programs, and impact investing opportunities to support local leaders and entrepreneurs in building strong communities and creating economic opportunity.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$807.0M
+16.7% YoY
Annual Giving
$7.2M
-61.4% YoY
Grant Count
86
-11.3% YoY
Avg Grant Size
$83K
-56.4% YoY
Mission & Focus Areas
Capital Impact Partners helps build communities and small businesses by providing access to capital and opportunities they deserve. The organization offers flexible financing and impact investments for mission-aligned projects in four primary sectors:
- Health care
- Education
- Affordable housing
- Healthy food
Beyond direct financing, Capital Impact Partners supports emerging real-estate developers, small business owners, and cooperatives through training, professional networks, and pathways to grants and capital.
Grantmaking
Capital Impact Partners provides a continuum of financial, knowledge, and social capital products rather than traditional grants. Their offerings include:
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Geographic Focus
Where this funder awards grants
Capital Impact Partners operates nationally with a strategic presence in key states. The organization has offices in Arlington, Virginia (headquarters) and the Bay Area of Northern California. Grant-making focuses primarily on the District of Columbia, Michigan, and Maryland, though the organization serves communities across the United States.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets: $806,983,425 (as of 2024)
- Total assets: $692,000,000 (as of 2023)
- Annual revenue: $42.5 million
- Total funding: $189.1 million
Financial Performance (2023):
- Revenue: $69.4 million
- Expenses: $73.6 million
- Total liabilities: $540 million
Cumulative Impact:
- $24 billion in financing delivered
- 298,000 jobs created and preserved
- 14,350 small businesses served
- 6 million people served
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $806,983,425 | $691,780,333 | $583,801,509 |
| Revenue | $115,553,223 | $69,443,542 | $62,753,327 |
| Expenses | $85,546,462 | $73,642,594 | $58,408,239 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,134,436 | $7,090,148 | $1,070,642 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
180 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cdc Small Business Finance Corp ($605,000), 1825 Kendall Street ($500,000), 1232 Shift Cubed Partners ($285,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETHUNE DEVELOPMENT WASHINGTON, DC | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $118,750 |
| 1232 SHIFT CUBED PARTNERS PHILADELPHIA, PA | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $285,000 |
| MOORE PLACE LLC DETROIT, MI | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $285,000 |
| PARTNERS FOR EQUITABLE COMMUNITY GROWTH WASHINGTON, DC | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $93,188 |
| YOKE MANAGEMENT LLC BOWIE, MD | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $95,000 |
| FISHSCALE INC WASHINGTON, DC | TO CATALYZE BUSINESS GROWTH AND SUPPORT BUSINESS SUCCESS FOR DC OWNED FOOD BUSINESSES | $50,000 |
| CITY FIRST ENTERPRISES INC WASHINGTON, DC | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DETROIT REGION | $233,771 |
| DREAMING OUT LOUD INC WASHINGTON, DC | TO CATALYZE BUSINESS GROWTH AND SUPPORT BUSINESS SUCCESS FOR DC OWNED FOOD BUSINESSES | $104,932 |
| EATSPLACE WASHINGTON, DC | TO CATALYZE BUSINESS GROWTH AND SUPPORT BUSINESS SUCCESS FOR DC OWNED FOOD BUSINESSES | $149,337 |
| LATINO ECONOMIC DEVELOPMENT CENTER WASHINGTON, DC | TO CATALYZE BUSINESS GROWTH AND SUPPORT BUSINESS SUCCESS FOR DC OWNED FOOD BUSINESSES | $91,019 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELLIS CARR | PRESIDENT & CEO | 20 | $1,029,249 |
| ALAINA BEVERLY | DIRECTOR | 1 | $5,000 |
| OSWALDO ACOSTA | DIRECTOR | 1 | $5,000 |
| RICK BENITO | DIRECTOR | 1 | $3,750 |
| ERIK CALDWELL | DIRECTOR | 1 | $3,750 |
| SHERYL CAMERON | DIRECTOR | 1 | — |
| KURT CHILCOTT | DIRECTOR/CONSULTANT | 1 | $5,000 |
| GRACE CHIONUMA | DIRECTOR | 1 | — |
| GARY CUNNINGHAM | DIRECTOR | 1 | $5,625 |
| JENNIFER SMITH DOLIN | DIRECTOR | 1 | $5,000 |
| CASEY FANNON | DIRECTOR | 1 | $5,000 |
| PEDRO GOITIA | DIRECTOR | 1 | $5,000 |
| GAIL MARKULIN | DIRECTOR | 1 | $3,750 |
| TYLER ORION | DIRECTOR | 1 | $5,000 |
| FRANK ROBINSON | DIRECTOR | 1 | $5,000 |
| TOM TOPUZES | DIRECTOR | 1 | $5,000 |
| DAN VARNER | DIRECTOR | 1 | $5,000 |
| NATALIE GUNN | CHIEF FINANCIAL OFFICER | 20 | $451,758 |
| KARLA GILL | CHIEF TECHNOLOGY OFFICER | 20 | $406,811 |
| BRIAN MCEVOY | GENERAL COUNSEL | 20 | $379,015 |
| MATTHEW WEHLAND | CHIEF OPERATING OFFICER | 20 | $352,981 |
| JARET DINARD INGS | SENIOR DIRECTOR OF FINANCE | 20 | $321,499 |
| KIM DORSETT | CHIEF HUMAN RESOURCE'S OFF | 20 | $310,043 |
| MALINDA CHRISTENSEN | SVP, COMMUNITY DEVELOPMENT | 40 | $314,352 |
| LAUREN COUNTS | SR DIR, HEAD OF NATIONAL P | 40 | $286,441 |
| LISA GRAMMER | CONTROLLER | 40 | $286,563 |
| YRENLISA LOPEZ | MANAGING DIRECTOR, INVESTMENTS | 40 | $281,616 |
| MASOUDA OMAR | HEAD OF SMALL BUS & COMM D | 40 | $276,549 |
Recent News & Activity
Recent developments and announcements
**Recognition:**
In April 2023, Capital Impact Partners was named the #1 nonprofit in the medium-sized category (organizations with 50-249 employees) by The NonProfit Times and ranked #2 overall among nonprofits of all sizes. This recognition was based on organizational policies, practices, benefits, demographics, and employee survey responses across seven categories.
Capital Impact Partners Awarded $85 Million in New Markets Tax ...**Recent Funding Awards:**
$85 million in New Markets Tax Credits
Capital Impact Partners Awarded $85 Million in New Markets Tax ...$6.8 million through the CDFI Program (2024)
Capital Impact Partners Awarded $6.8 Million Through CDFI Program$3.5 million in CDFI Fund Community Development Grants
Capital Impact Partners Awarded $3.5 Million in CDFI Fund Community Development**Cooperative Support:**
Capital Impact Partners announced 2025 Co-op Innovation Award winners, continuing its commitment to supporting cooperative development since its founding in 1982.
Capital Impact Partners Awarded $85 Million in New Markets Tax ...Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Capital Impact Partners fund?
Capital Impact Partners helps build communities and small businesses by providing access to capital and opportunities they deserve. The organization offers flexible financing and impact investments for mission-aligned projects in four primary sectors: • Health care • Education • Affordable housing • Healthy food Beyond direct financing, Capital Impact Partners supports emerging real-estate developers, small business owners, and cooperatives through training, professional networks, and pathways …
How do I apply for a grant from Capital Impact Partners?
Capital Impact Partners provides a continuum of financial, knowledge, and social capital products rather than traditional grants. Their offerings include: • Community development real estate and working capital loans • Impact investments • SBA Community Advantage loans • SBA Microloans • SBA 504 commercial real estate loans • SBA-alternative commercial real estate loans • Training and business advising programs According to the most recent IRS Form 990 filing (2024), Capital Impact Partners rep…
Where does Capital Impact Partners make grants?
Capital Impact Partners operates nationally with a strategic presence in key states. The organization has offices in Arlington, Virginia (headquarters) and the Bay Area of Northern California. Grant-making focuses primarily on the District of Columbia, Michigan, and Maryland, though the organization serves communities across the United States.
What size grants does Capital Impact Partners award?
In 2024, Capital Impact Partners awarded 86 grants totaling $7.2M — an average of about $83K per grant, based on its IRS Form 990 filings.
What is Capital Impact Partners's EIN?
Capital Impact Partners's EIN (Employer Identification Number) is 52-1290127. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Capital Impact Partners's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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