Capital Partners Certified Development Company
To further economic development in Georgia
Capital Partners Certified Development Company at a glance
In short: Capital Partners Certified Development Company gave $33K across 2 grants in 2025 (avg $16K), mostly in Georgia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $32,500
- +8.3% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $16,250
- +8.3% vs 2024
- Median grant
- $16,250
- Total assets
- $4,049,506
- +13.5% vs 2024
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Capital Partners Certified Development Company funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
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
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Access to Capital for Entrepreneurs Inc Cleveland, GA | provide affordable loans to underserved small and medium businesses combined with coaching and connections | $20,000 |
| Kennesaw State University SBDC Kennesaw, GA | offers entrepreneurs, startups, and small businesses in Cobb and Cherokee County the tools and information they need to thrive | $12,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $4,049,506 | $3,145,092 | $2,605,435 | $32,500 | 2 | $97,805 |
| 2024 | $3,567,316 | $3,000,422 | $2,430,736 | $30,000 | 2 | $95,087 |
| 2023 | $2,896,700 | $2,755,181 | $2,172,129 | $20,000 | 1 | $55,104 |
| 2022 | $2,468,052 | $2,426,858 | $2,053,950 | $20,600 | Total only | $5,510 |
| 2021 | $1,705,565 | $2,198,742 | $1,907,152 | $10,650 | Total only | $3,261 |
| 2020 | $988,444 | $1,875,725 | $1,708,433 | $4,248 | Total only | $3,482 |
| 2019 | $880,928 | $1,769,321 | $1,644,280 | $4,665 | Total only | $2,760 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
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.
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
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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 11, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS June 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 22, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 27, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS June 30, 2026)
- IRS filings on file for fiscal years 2020–2024
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