Community Development Venture

Community development organization based in New York, NY. 14 employees. Exempt under §501(c)(3).

MissionTHE COMMUNITY DEVELOPMENT VENTURE CAPTIAL ALLIACE (CDVCA) IS THE NETWORK OF THE COMMUNITY DEVLEOPMENT VENTURE CAPTIAL INDUSTRY. CDVCA PROMOTES THE AVAILABILITY AND USE OF FLEXIBLE EQUITY RISK CAPITAL TO FUEL BUSINESSES GROWTH TO CREATE GOOD JOBS, PRODUCTIVE WEALTH, AND

EIN
41-1800192
State
NY
Sector
Community development
Budget band
$5M–$10M
Latest filing
TY 2024
Records
4 officers · 6 years

Financial snapshot · TY 2024

$7.5M
Total revenue
$2.8M
Total expenses
$22.6M
Net assets

Financial health · TY 2024

100
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
69.5 months of expenses
Program efficiency
100
91.1% spent on programs
Revenue diversity
98
Mix of program fees, grants & contributions

Leadership compensation

$612,230
99th percentile vs. peers
Ernesto Villarini
MANAGING DIRECTOR
$203,220
99th percentile vs. peers
Alexandria Harris
VICE PRESIDENT
$155,770
42th percentile vs. peers
Alan Bernstein
TREASURER / MANAGING DIRECTOR
$68,333
99th percentile vs. peers

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Community Development Venture Executive Compensation | 990 Data | DoubleNine