Altcap

Community development organization based in Kansas City, MO. 32 employees. Exempt under §501(c)(4).

MissionTo be a catalyst for investment in Kansas City metropolitan communities throught innovative financial products, targeted economic and community development programming, and the development of strategic partnerships that promote community collaboration and capacity building.

EIN

41-2183377

State

Sector

Community development

Budget band

$2.5M–$5M

Latest filing

TY 2024

Records

7 officers · 5 years

Financial snapshot · TY 2024

$3.8M

Total revenue

$9.4M

Total expenses

$29.3M

Net assets

Financial health · TY 2024

Moderate financial health

Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.

Reserve ratio

9.4 months of expenses

Program efficiency

81.9% spent on programs

Revenue diversity

Mix of program fees, grants & contributions

Leadership compensation

David Ramirez

MARKET PRESIDENT

$247,880

89th percentile vs. peers

Ruben Alonso III

PRESIDENT

$224,304

62th percentile vs. peers

Patrice Becker

VP OF FINANCE AND ACCOUNTING

$194,930

88th percentile vs. peers

Richard Vohs

VP OF FINANCE AND ACCOUNTING

$180,324

88th percentile vs. peers

Marcos Hernandez

MARKET PRESIDENT

$145,226

89th percentile vs. peers

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