Forward Community Investments Inc

MADISON, WI EIN: 39-1815578 Website

Community Improvement & Capacity Building

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

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $875K (100%)

States

Wisconsin

Cities

APPLETONBELOITFOND DU LACKESHENALADYSMITHLANCASTERMADISONMANITOWOCMEDFORDMENOMONIEMILWAUKEEPRAIRIE DU CHIENSHEBOYGAN

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Foundation

Community First® Developer Program (delivered through FCI)

FORWARD COMMUNITY INVESTMENTS INC

Amount

Varies by project (examples: $214,500, $241,000)

Deadline

Rolling / Open

Foundation

New Markets Tax Credit (NMTC) Program - FCI Allocation

FORWARD COMMUNITY INVESTMENTS INC

Amount

$55 million allocation (2025-2026 round)

Deadline

Rolling / Open

Annual

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

Community Improvement & Capacity Building

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.