Community Economics Inc
Community Economics, inc.'s mission is to increase the supply of permanently affordable housing serving the lowest income households. Cei will undertake this mission through (1) the provision of technical assistance in the development and financing of permanently affordable housing to nonprofit developers, public agencies, and tenant organizations; and (2) education, research, and policy development with housing advocates, public policy makers, and the lending and investment community.
Community Economics Inc at a glance
In short: Community Economics Inc gave $63K across 3 grants in 2024 (avg $21K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $63,000
- +5.0% vs 2023
- Grants made (2024)
- 3
- -25.0% vs 2023
- Average grant
- $21,000
- +40.0% vs 2023
- Median grant
- $7,500
- Total assets
- $1,798,760
- -11.9% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Community Economics Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Non-Profit Housing Association of Northern California ($53K). Together the top 3 received $63K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 22 grants of 23 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Community Economics Inc gives
- Giving fell 40% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $60K (2023) to $139K (2020). In 2024 it made 3 grants totaling $63K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Non-Profit Housing Association of Northern California San Francisco, CA | To sponsor annual events/conference and programs that promote affordable housings. | $53,000 |
| Housing California Sacramento, CA | To sponsor annual events/conference and programs that promote affordable housings. | $7,500 |
| East Bay Housing Organizations Oakland, CA | To sponsor annual events/conference and programs that promote affordable housings. | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,798,760 | $1,331,283 | $1,444,418 | $63,000 | 3 | $185,614 |
| 2023 | $2,041,866 | $1,165,250 | $1,612,856 | $60,000 | 4 | $36,847 |
| 2022 | $2,428,483 | $1,318,392 | $1,684,034 | $76,000 | 5 | $15,720 |
| 2021 | $2,776,374 | $1,713,439 | $1,764,071 | $105,000 | 4 | $172,946 |
| 2020 | $2,891,934 | $1,755,148 | $1,772,123 | $138,500 | 7 | $62,715 |
About Community Economics Inc
Based on IRS filings
Community Economics Inc is a public charity focused on Housing & Shelter, based in Oakland, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 3 grants totaling $63K. Net investment income was $186K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Community Economics Inc is led by Elissa Dennis, Executive Director on every filing since 2020; 5 of 12 officers listed in 2024 are compensated.
Officers on the 2024 filing
Elissa Dennis
Executive Director
On filings since 2020
36 hrs/week
$228K (2020) → $271K (2024)
Roy Linton Schweyer
President
President → Vice President, 2023
Vice President → President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Dena Belzer
Director
Director → President, 2023
President → Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
Irma Poe
Director
On filings since 2020
2 hrs/week
No compensation reported
Lynette Lee
Director
On filings since 2020
2 hrs/week
No compensation reported
Steven Shum
Director
On filings since 2020
2 hrs/week
No compensation reported
Diana Downton
Senior Affordable Hsg Finance Consultant
On filings since 2020
36 hrs/week
$173K (2020) → $223K (2024)
Linda Rivers
Office Manager
On filings since 2020
36 hrs/week
$138K (2020) → $162K (2024)
Lisa Motoyama
Senior Affordable Hsg Finance Consultant
On filings since 2020
28 hrs/week
$172K (2020) → $162K (2024)
Allyson Ujimori
Affordable Hsg Finance Consultant
New on the 2024 filing
36 hrs/week
$152K (2024)
Gisela Salgado
Vice President
Vice President → Director, 2023
Director → Vice President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Mike Rawson
Secretary & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Former officers (3)
- Former: Magda V. Lira (2023) — Affordable Hsg Finance Consultant
- Former: Zohreh Khodabandelu (2020–2022) — Senior Affordable Hsg Finance Consultant
- Former: Andrew Matsas (2021–2022) — Affordable Hsg Finance Consultant
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $271K, to Elissa Dennis (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Community Economics Inc
How much does Community Economics Inc give each year?
Community Economics Inc gave $63K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $60K across 4 grants.
What is Community Economics Inc's typical grant size?
Community Economics Inc's median grant in 2024 was $7,500, and its average grant was $21,000, across 3 grants on its 2024 IRS Form 990.
Where does Community Economics Inc give grants?
Community Economics Inc gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Community Economics Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Community Economics Inc's 2024 IRS Form 990 were described as general or operating support.
How large is Community Economics Inc?
Community Economics Inc reported $1.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3M.
What is Community Economics Inc?
Community Economics Inc is a public charity focused on Housing & Shelter, based in Oakland, CA. It holds $1.8M in total assets as of 2024.
What is Community Economics Inc's EIN?
Community Economics Inc's EIN (Employer Identification Number) is 94-2473882. IRS Form 990 filing data is available on this page for 2020–2024.
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
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 20, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 21, 2025)
- IRS filings on file for fiscal years 2020–2024
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