Institute capital, INC. Is a not-for-profit organization whose purpose is to develop and/or preserve affordable housing, encourage and stimulate community and economic development, and expand economic opportunities and provide financing for community development. Institute capital INC. Is a community development financial institution (CDFI) certified by the u.s. Department of the treasury and is supported primarily by government grants and income from loans. The organization's investment AREA includes north carolina, south carolina, virginia, WEST virginia, kentucky, and the DC metro AREA.
In care of Aboul SM Rasheed
Donations are tax-deductible
Category
Community Development
Employees
0
Volunteers
0
Financial Snapshot
FY ending 2024-12-31
Revenue
$3.3M
Expenses
$2.5M
Assets
$41.3M
Liabilities
$32.6M
Financial history
$3.3M$1.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $3.3M · Avg: $2.6M
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.