Capital Partners Certified Development Company logo

Capital Partners Certified Development Company

Public charity · Grantmaker Atlanta, GA EIN: 58-1604383 Website

To further economic development in Georgia

Key facts about Capital Partners Certified Development Company

In short: Capital Partners Certified Development Company gave $33K across 2 grants in 2025 (avg $16K), mostly in Georgia. Source: 2025 IRS Form 990.

EIN
58-1604383
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$32,500
Grants made (2025)
2
Average grant
$16,250
Median grant
$16,250
Total assets
$4,049,506
Primary geography
Georgia (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$4.0M

+13.5% YoY

Annual Giving

$33K

+8.3% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$16K

+8.3% YoY

About Capital Partners Certified Development Company

Based on IRS filings

Capital Partners Certified Development Company is a public charity, based in Atlanta, GA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.0M in total assets. In 2025, it awarded 2 grants totaling $33K. Net investment income was $98K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

ClevelandAthensKennesaw

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40KTotal only2019 Total only2020 Total only2021 Total only2022 1 grant2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $4K (2020) to $33K (2025). In 2025 it made 2 grants totaling $33K.

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 2 recipients in 2025

Access to Capital for Entrepreneurs Inc: $20KAccess to Capital forEntrepreneurs Inc$20KKennesaw State University SBDC: $13KKennesaw State University SBDC$13K

The largest 2025 recipient was Access to Capital for Entrepreneurs Inc ($20K). Together the top 2 received $33K.

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Access to Capital for Entrepreneurs Inc Cleveland, GAprovide affordable loans to underserved small and medium businesses combined with coaching and connections$20,000
Kennesaw State University SBDC Kennesaw, GAoffers entrepreneurs, startups, and small businesses in Cobb and Cherokee County the tools and information they need to thrive$12,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$4,049,506$3,567,316$2,896,700
Revenue$3,145,092$3,000,422$2,755,181
Expenses$2,605,435$2,430,736$2,172,129
Net Investment Income$97,805$95,087$55,104

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS June 11, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS June 14, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS June 22, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS June 27, 2023)
  5. Added Form 990 for fiscal year 2025 (received by the IRS June 30, 2026)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Capital Partners Certified Development Company is led by Barbara Wasson, President on every filing since 2019; 6 of 15 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Barbara Wasson

    President

    On filings since 2019

    40 hrs/week

    $177K (2019) → $272K (2025)

  • Ben Murray

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • LeAnn Massey

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Patrick Walsh

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Sandy Headley

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Brad Simpson

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Chris Williams

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Dany Lee

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Josh Neel

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Sherry Martin

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Michele Cracraft

    Vice President & Underwriting

    On filings since 2019

    40 hrs/week

    $115K (2019) → $147K (2025)

  • Shawnte Johnson

    Vice President & Underwriting

    On filings since 2019

    40 hrs/week

    $90K (2019) → $132K (2025)

  • Tim Souther

    Executive Vice President & Sba Lending

    On filings since 2019

    40 hrs/week

    $260K (2019) → $397K (2025)

  • Tracy Adams

    Senior Vice President

    On filings since 2019

    40 hrs/week

    $137K (2019) → $183K (2025)

  • Shelia Greene

    Vice President & Loan Processing

    On filings since 2021

    40 hrs/week

    $101K (2021) → $119K (2025)

Former officers (7)
  • Former: Jim Brown (2019–2024) — Director
  • Former: Nancy Gault (2019–2024) — Director
  • Former: Thomas Kimsey (2019–2024) — Director
  • Former: Joy Manbeck (2019–2023) — Director
  • Former: Robert Wood (2019–2023) — Director
  • Former: Deborah Herron (2019–2021) — Vice President & Business Development
  • Former: Todd Robinson (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "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

Tim Souther — EVP, SBA Lending: $397KTim SoutherEVP, SBA Lending$397KBarbara Wasson — President: $272KBarbara WassonPresident$272KTracy Adams — Senior VP: $183KTracy AdamsSenior VP$183KMichele Cracraft — VP, Underwriting: $147KMichele CracraftVP, Underwriting$147KShawnte Johnson — VP,Underwriting: $132KShawnte JohnsonVP,Underwriting$132KShelia Greene — VP, Loan Processing: $119KShelia GreeneVP, Loan Processing$119K

The highest reported compensation on the 2025 filing was $397K, to Tim Souther (EVP, SBA Lending). 6 officers or directors reported compensation on that filing.

Frequently asked questions about Capital Partners Certified Development Company

How much does Capital Partners Certified Development Company give each year?

Capital Partners Certified Development Company gave $33K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $30K across 2 grants.

How large is Capital Partners Certified Development Company?

Capital Partners Certified Development Company reported $4.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.1M.

Where does Capital Partners Certified Development Company operate?

Capital Partners Certified Development Company has awarded grants in Georgia.

What is Capital Partners Certified Development Company's EIN?

Capital Partners Certified Development Company's EIN (Employer Identification Number) is 58-1604383. IRS Form 990 filing data is available on this page for 2019–2025.

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

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