2025-11-13T10:32:30-06:00 2024-12-31 840884124 BiggsKofford PC 1975 Research Pkwy Suite 255 Colorado Springs CO 80920 990 2024-01-01 824577516 The Community Impact Fund COMM 3038008289 9250 E Costilla Ave 110 Greenwood Village CO 80112 Michael Scheid Executive Director 3038008289 2025-11-13 1 0 Tyler Atkins P01818337 7195799090 2025-11-13 2024 2025-03-06 01:10:19Z Michael Scheid 9250 E Costilla Ave 110 Greenwood Village CO 80112 2366715 0 X https://communityimpactfund.org X 2018 CO To help organizations meet the financial needs of people in their community by providing the education and technology to create sustainable and scalable community impact. 6 6 6 0 0 0 1238428 1659899 342044 694259 1135 12557 607 0 1582214 2366715 277783 241978 0 0 298071 313938 0 0 18204 554381 862282 1130235 1418198 451979 948517 2041009 3024714 3278 38465 2037731 2986249 X To help organizations meet the financial needs of people in their community by providing the education and technology to create sustainable and scalable community impact. 1 0 1248303 241978 560259 Community Assistance: provide 0% interest, small-dollar impact loans and limited small-dollar grantstypically ranging between $500 and $3,000to community members facing financial distress or poverty. The impact loan program includes a complimentary membership in CIF's Financial Education Program. 53000 134000 Financial Education: CIF's Financial Education Membership provides financial education through monthly newsletters, quarterly webinars, a member resource portal, and access to financial coaching. CIF has both organizational members and natural (individual) members who must self-enroll, pay dues, and hold voting rights. Other individual members receive complimentary memberships if they are engaged in our Community Assistance Impact Loan Program. In addition, credit union (CU) association members have the unique authority to enroll members on CIF's behalf through a membership pathway tied specifically to the association member credit union's field of membership. CU association members pay annual dues to CIF based on their asset size at the time dues are assessed. This allows them to offer complimentary memberships to the individuals and organizations they enroll on CIF's behalf. Association Members each hold one vote as members of CIF. 1301303 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CO X The Organization 3038008289 9250 E Costilla Ave 110 Greenwood Village CO 80112 Matt King President 1.00 X X 0 0 0 Merry Pateuk Vice Chair 1.00 X X 0 0 0 Will Goodale Secretary 1.00 X X 0 0 0 Tad Jones Treasurer 1.00 X X 0 0 0 Brandon Melton Board Member 1.00 X 0 0 0 Judah Musick Board Member 1.00 X 0 0 0 Michael Scheid Executive Director 40.00 X 120938 0 7308 120938 0 7308 1 0 0 0 0 1659899 1659899 Impact loan fee income 522100 379174 379174 Unrealized impact loan 522100 180362 180362 CU Association Members 522100 134000 134000 Financial Education Me 522100 723 723 694259 12557 12557 2366715 694259 0 12557 241978 241978 127308 76385 38192 12731 152582 112242 37145 3195 5562 4146 1282 134 7073 4578 2321 174 21413 14483 5759 1171 3174 1587 1587 8327 7494 833 11346 4748 5799 799 1297 1297 30792 30402 390 2665 2665 336 336 2924 2924 Impact loan program fee 615241 615241 Loss on impact loan int 180362 180362 Staff development 5308 3185 2123 Meals and entertainment 510 510 1418198 1301303 98691 18204 896832 629624 151581 797257 992596 1597833 2041009 3024714 3278 3633 34832 3278 38465 X 1049948 1857320 987783 1128929 2037731 2986249 2041009 3024714 948517 0 X 0 0 0 X 557268 1103619 1350193 1238428 1660622 5910130 557268 1103619 1350193 1238428 1660622 5910130 1530254 4379876 1 10 9 1135 12557 13712 5923842 1244236 0.73940 0.70360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Impact program loans receivable 1597833 C 1597833 1 Auto 3 3000 Housing assistance 2 7400 Impact program loans forgiven 147 194921 Other assistance provided 16 36657 Part I, Line 2: All grant applicants are required to provide documentation to substantiate proof of need and financial hardship. All applicable statements and bills proving the intended use of funds are compiled prior to the approval of grant fund disbursement. Form 990, Part III, line 2 During 2024, the Organization approved a new membership program. CIF's Financial Education Membership provides financial education through monthly newsletters, quarterly webinars, a member resource portal, and access to financial coaching. Form 990, Part VI, Section A, line 4 During 2024, the Organization approved changes to its Bylaws, specifically to approve a new membership program. Under the terms of the Bylaws and related Membership Engagement & Participation, there are three membership categories, and members are entitled to vote on educational topics, however they do not have voting rights over the Organization's governance decisions. Form 990, Part VI, Section B, line 11b The board reviews and approves the Form 990 before filing. Form 990, Part VI, Section B, line 12c Officers, directors, trustees, and key employees are required to report any conflicts of interest. Form 990, Part VI, Section C, line 19 All documents are available upon request.