Forward Community Investments Inc
WE INVEST IN PEOPLE, PROJECTS, AND ORGANIZATIONS THAT CREATE LASTING IMPACT, ADDRESSING COMMUNITY NEEDS IN INNOVATIVE AND EFFECTIVE WAYS. BY LEVERAGING A NETWORK OF PARTNERSHIPS AND CREATIVE FINANCING, WE ENSURE INDIVIDUALS AND NEIGHBORHOODS ACROSS WISCONSIN HAVE ACCESS TO THE RESOURCES THEY NEED TO PROSPER.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$34.8M
+5.0% YoY
Revenue
$3.7M
+9.0% YoY
Net Investment Income
$281K
+24.7% YoY
Expenses
$3.0M
+13.4% YoY
About Forward Community Investments Inc
Based on IRS filings
Forward Community Investments Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MADISON, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $34.8M in total assets. Net investment income was $281K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,802,949 | $33,131,053 | $29,924,868 |
| Revenue | $3,661,266 | $3,357,666 | $5,155,108 |
| Expenses | $3,006,726 | $2,652,437 | $2,939,270 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $280,969 | $225,378 | $120,130 |
| 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 0 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Open Grants
2 open opportunities from Forward Community Investments Inc
Community First® Developer Program (delivered through FCI)
FORWARD COMMUNITY INVESTMENTS INC
Amount
Varies by project (examples: $214,500, $241,000)
Deadline
Rolling / Open
New Markets Tax Credit (NMTC) Program - FCI Allocation
FORWARD COMMUNITY INVESTMENTS INC
Amount
$55 million allocation (2025-2026 round)
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JASMINE MERCADO | CO-CHAIR | 1 | — |
| RAYNETTA HILL | CO-CHAIR | 1 | — |
| JEFF MACK JR | VICE-CHAIR | 1 | — |
| PAMELA GUTHMAN | SECRETARY | 1 | — |
| PAUL FEHRENBACH | TREASURER | 1 | — |
| MIKE FLYNN | DIRECTOR | 1 | — |
| CHRIS LAURENT | DIRECTOR | 1 | — |
| FERN ORIE | DIRECTOR | 1 | — |
| WALLY ORZECHOWSKI | DIRECTOR | 1 | — |
| RYAN ZERWER | PRESIDENT & CEO | 40 | $243,062 |
| ROBERT BEACH | CHIEF OPERATING OFFICER | 40 | $170,713 |
| EVAN REED | DIRECTOR OF LENDING | 40 | $148,698 |
| FAUSTO RIVERA | SENIOR COMMUNITY LENDER | 40 | $114,733 |
| JODEL WOGOU | DIRECTOR OF FINANCE | 40 | $103,962 |
| KIRBY TOON | DIRECTOR OF CAPITAL STRATEGY | 40 | $136,297 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Forward Community Investments Inc?
Forward Community Investments Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MADISON, WI. It holds $34.8M in total assets as of 2024.
How large is Forward Community Investments Inc?
As of 2024, Forward Community Investments Inc holds $34.8M in total assets with $3.7M in annual revenue.
Where does Forward Community Investments Inc operate?
Forward Community Investments Inc has awarded grants in Wisconsin.
What is Forward Community Investments Inc's EIN?
Forward Community Investments Inc's EIN (Employer Identification Number) is 39-1815578. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Forward Community Investments Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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