Community Restoration Corporation
Working in strategic partnership with a team of local organizations, crc acquired distressed mortgages/notes and reo properties from lenders and creates community-focused disposition strategies for the assets. By taking a community-based approach to creating flexible options for families to preserve homeownership or pursuing expedited solutions for vacant properties causing neighborhood blight, crc is able to complement existing neighborhood stabilization efforts in communities that have been significantly impacted by foreclosures and disinvestment.
Community Restoration Corporation at a glance
- Total assets
- $711,603
- +2.2% vs 2021
- Revenue (2022)
- $7,360,627
- -20.1% vs 2021
- Net investment income (2022)
- $4,277
- -46.8% vs 2021
- Expenses (2022)
- $283,776
- -82.1% vs 2021
- Latest 990 filing
- Form 990, 2022 View filing
Data from IRS Form 990, 2022; updated September 2026.
Who Community Restoration Corporation funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $500K–1M range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $783K (2021) to $1.2M (2020). In 2021 it made 2 grants totaling $783K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Local Initiatives Support Corporation New York, NY | Excess program funds pertaining to the New York loan pools. | $750,000 |
| The Housing Partnership Network Inc Boston, MA | Good faith grant for efforts in establishing crc and helping to achieve its objectives. | $33,393 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2022 | $711,603 | $7,360,627 | $283,776 | — | — | $4,277 |
| 2021 | $696,507 | $9,217,251 | $1,584,397 | $783,393 | 2 | $8,039 |
| 2020 | $3,312,006 | $1,968,518 | $2,887,281 | $1,200,000 | 2 | $17,918 |
| 2019 | $5,132,591 | $4,972,575 | $4,898,025 | — | — | $33,489 |
About Community Restoration Corporation
Based on IRS filings
Community Restoration Corporation is a public charity focused on Housing & Shelter, based in Irving, TX. IRS filing data is available from 2019 through 2022. As of 2022, the organization holds $712K in total assets. Net investment income was $4K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Community Restoration Corporation is led by Carlos Alcazar, President on every filing since 2019; none of the 6 officers listed in 2022 report compensation.
Officers on the 2022 filing
Carlos Alcazar
President
On filings since 2019
1 hr/week
No compensation reported
Eric Chatman
Director
On filings since 2019
1 hr/week
No compensation reported
Erin Persons
Director
Treasurer → Treasuer, 2020
Treasuer → Director, 2022
On filings since 2019
1 hr/week
No compensation reported
Kate Monter Durban
Director
On filings since 2019
1 hr/week
No compensation reported
Jennifer Hennemuth
Secretary
On filings since 2019
1 hr/week
No compensation reported
Matt Cameron
Treasuer
New on the 2022 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Dan Nissenbaum Left In (2019) — Director
- Former: Robert Grossinger Left In (2019) — President
Data from IRS Form 990 filings, 2019–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Community Restoration Corporation
How large is Community Restoration Corporation?
Community Restoration Corporation reported $712K in total assets on its 2022 IRS Form 990. Its revenue that year was $7.4M.
What is Community Restoration Corporation?
Community Restoration Corporation is a public charity focused on Housing & Shelter, based in Irving, TX. It holds $712K in total assets as of 2022.
Where does Community Restoration Corporation operate?
Community Restoration Corporation has awarded grants in Massachusetts, New York.
What is Community Restoration Corporation's EIN?
Community Restoration Corporation's EIN (Employer Identification Number) is 45-3774445. IRS Form 990 filing data is available on this page for 2019–2022.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 16, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 6, 2022)
- IRS filings on file for fiscal years 2019–2022
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Browse active grant opportunities in Community Restoration Corporation's focus areas in our free grants database
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