National Community Investment Fund Irrv Tr
Public records raise at least one point you should look into before giving.
What it says it does
NCIF invests capital and lends with institutions, that increase access to responsible financial products and services, catalyze projects that provide economic opportunities, and improve the quality of life in underserved communities nationally. NCIF complements its investing and lending activities with knowledge transfer and technical assistance to scale impact.
- Income
- $8.2 million
- Spending
- $6.9 million
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $477,189, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $4.7 million spent. New Markets Tax Credits and Lending: since 2003, NCIF has been awarded $431 million in NMTC allocations from The CDFI Fund. The NMTC program was created by the CDFI fund to catalyze economic development investment into economically distressed communities. With the NMTC allocations, NCIF facilitates lending to qualified projects and enables our network bank partners to book high quality loans. As of December 31, 2024, NCIF has closed 58 deals utilizing $391.5 million of its NMTC allocations. The NMTC allocations along with NCIF's below-market loans enable non-profits and businesses to invest in projects that might not get traditional financing. Since 2019, NCIF and NCIF Credit Strategies Fund (CSF) has raised $48 million in loan capital and deployed $36.1 million as loans.
- $820,184 spent. Equity Investing: as of 12/31/2024, NCIF and CSF's portfolio consists of equity investments of $13.2 million in 19 Mission-Oriented Financial Institutions throughout the U.S. NCIF and CSF receive revenue in the form of dividends, capital gains, and interest.
- $86,689 spent. NCIF focuses on complementing its financial products and services with developmental program services to help support and build the CDFI sector. NCIF provides transaction and financial advisory support to its current and potential borrowers as well as businesses to promote economic and community development. These services aim to maximize the impact of NMTC-funded projects and ensure they create lasting, meaningful benefits for the target communities. NCIF believes impact is driven by data and research. It pioneered its Social Performance Metrics in 2006 and is currently building an AI Based Data Analytics Platform (NCIF.AI) to increase efficiency and expand reach of impact investors nationally. It is our belief that LLM and machine learning will democratize data analytics and enable investors, businesses, communities, and banks to make informed decisions and strengthen local communities.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.