Institute Capital Inc

Community development organization based in Durham, NC.0 Exempt under §501(c)(3).

MissionINSTITUTE 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

EIN

56-2142717

State

Sector

Community development

Budget band

$2.5M–$5M

Latest filing

TY 2024

Records

2 officers · 5 years

Financial snapshot · TY 2024

$3.3M

Total revenue

$2.5M

Total expenses

$41.3M

Net assets

Financial health · TY 2024

Strong financial health

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

Reserve ratio

100

35 months of expenses

Program efficiency

81.4% spent on programs

Revenue diversity

Mix of program fees, grants & contributions

Leadership compensation

Kevin J Price

PRESIDENT/CEO

$199,980

67th percentile vs. peers

Roberta Mccullough

SENIOR VP OPERATIONS

$131,359

35th percentile vs. peers

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