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 .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Forward Community Investments Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities