Community Investment Collaborative
Public records show a registered, tax-exempt organization in good standing.
What it says it does
COMMUNITY INVESTMENT COLLABORATIVE'S MISSION IS TO STRENGTHEN OUR COMMUNITY AND CONTRIBUTE TO ECONOMIC DEVELOPMENT BY FUELING THE SUCCESS OF UNDER-RESOURCED ENTREPRENEURS THROUGH EDUCATION, MENTORING, MICRO-LENDING AND NETWORKING.
- Income
- $3.1 million
- Spending
- $2.6 million
- Spent on programs
- 88%
- Reserves
- 3 months of spending
- Largest source of income
- donations and private grants, 51%
- Employees
- 32
- Volunteers
- 103
- Highest pay
- $143,780, president
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100. Higher than 62% of charities in its peer group (community improvement, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.0 months of spending.
Debt
16 of 20It owes 27% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
15 of 15Income rose 28% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 39% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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 (4)
- $886,451 spent. CIC PROVIDES BUSINESS EDUCATION, MENTORING AND NETWORKING OPPORTUNITIES TO UNDER-RESOURCED ENTREPRENEURS. THE SIGNATURE EDUCATION PROGRAM IS A 16-WEEK ENTREPRENEUR WORKSHOP THAT COMBINES CASE STUDIES, DISCUSSION AND APPLIED LEARNING. A FINANCIAL MANAGEMENT PROGRAM HELPS ENTREPRENEURS DEVELOP THE BOOKKEEPING, RECORD KEEPING, AND FINANCIAL ANALYSIS SKILLS AND HABITS TO BETTER MANAGE THEIR BUSINESS. ADDITIONAL PROGRAMS INCLUDE MENTORING, BUSINESS OFFICE HOURS, SMALL BUSINESS CIRCLES AND OUR COLLABORATIVE CO-WORKING SPACE.IN 2025, 283 CLIENTS PARTICIPATED IN CIC PROGRAMS. TO DATE: THERE ARE 747 GRADUATES OF OUR 16-WEEK WORKSHOP, 167 MENTOR MATCHES, AND 138 FINANCIAL MANAGEMENT PROGRAM PARTICIPANTS. TO DATE: THOSE CLIENTS HAVE STARTED 215 NEW BUSINESSES, SUSTAINED 352 EXISTING BUSINESSES AND CREATED 451 NEW FULL-TIME EQUIVALENT JOBS.
- $772,260 spent. CIC HAS TWO CORE FINANCING PROGRAMS: A MICROLOAN PROGRAM THAT PROVIDES LOANS UP TO $50,000, AND A MICROGRANTS PROGRAM THAT HELPS UNDER-RESOURCED ENTREPRENEURS TEST THEIR PRODUCTS OR SERVICES. IN 2025, 42 BUSINESSES RECEIVED $1,555,315 IN LOANS AND 17 BUSINESSES RECEIVED $22,795 IN MICROGRANTS. CIC'S LIFETIME TOTAL LENDING TO DATE INCLUDES $6.578 MILLION IN LOANS.CIC PARTNERS WITH LOCAL GOVERNMENTS AND OTHER ENTITIES TO MANAGE GRANT PROGRAMS THAT PROVIDE ACCESS TO CAPITAL TO BUSINESSES IN THE REGION. IN 2025, WE PARTNERED WITH ENTITIES TO PROVIDE CAPITAL TO 25 BUSINESSES THROUGH $173,014 IN GRANTS.IN 2025, CIC LAUNCHED A MASTER PARTICIPATION AGREEMENT WITH BRIDGING VIRGINIA, A MISSION-DRIVEN LENDER BASED IN RICHMOND, VA. UNDER THIS AGREEMENT, CIC MADE $25,000 IN LOANS PARTICIPATING ALONGSIDE BRIDGING VIRGINIA LOANS, ENABLING A COMBINED TOTAL OF $50,000 IN LOANS TO UNDER-RESOURCED ENTREPRENEURS IN THE RICHMOND AREA. CIC PROVIDED LOAN SERVICING SUPPORT TO BRIDGING VIRGINIA THROUGH THE FIRST QUARTER OF 2025, DURING WHICH TIME IT SUPPORTED $651,692 IN TOTAL LOANS, WITH $474,716 IN OUTSTANDING BALANCES AT THE TIME THAT SERVICING ARRANGEMENT CONCLUDED. AT THE END OF 2025, CIC MANAGED $407,413 IN ASSETS UNDER MANAGEMENT WITH OTHER LENDING PARTNERS.
- $582,533 spent. THE CV SBDC IS HOUSED AT CIC WITH SUPPORT FROM THE SMALL BUSINESS ADMINISTRATION, STATE AND LOCAL GOVERNMENTS, AND PRIVATE SUPPORT. IT PROVIDES FREE ONE-ON-ONE BUSINESS ADVISING AND TRAINING WORKSHOPS. IN 2025, THE CV SBDC PROVIDED 688 CLIENTS WITH 3,715 HOURS OF BUSINESS ADVISING. ADDITIONALLY, 423 INDIVIDUALS PARTICIPATED IN 31 TRAINING EVENTS. CV SBDC CLIENTS CREATED 35 NEW BUSINESSES, SUPPORTED $17.8 MILLION IN NEW CAPITAL FORMATION, AND CREATED 83 NEW JOBS.
- NETWORKING AND ECOSYSTEM BUILDING: BUILDING STRONG ENTREPRENEURIAL NETWORKS IS AN UNDERPINNING OF CIC CULTURE. CIC PARTNERS WITH LOCAL ORGANIZATIONS TO OFFER NETWORKING EVENTS RANGING FROM MARKET ACCESS OPPORTUNITIES AT BLOCK PARTIES AND COMMUNITY FAIRS TO EDUCATION OPPORTUNITIES THROUGH BUSINESS EXPOS AND PITCH NIGHTS. PARTNERING ORGANIZATIONS INCLUDE: RISE COLLABORATIVE AT SOVA INNOVATION HUB, MINORITY BUSINESS ALLIANCE AT CHARLOTTESVILLE REGIONAL CHAMBER OF COMMERCE, DANVILLE PITTSYLVANIA CHAMBER OF COMMERCE, MARTINSVILLE CHAMBER OF COMMERCE, MINORITY BUSINESS CONSORTIUM, TOM TOM FOUNDERS FESTIVAL, WTJU, VENTURE CENTRAL, AND THE FOUNTAIN FUND. CIC SECURED FUNDING IN 2025 TO DEVELOP THE REGIONAL ENTREPRENEURSHIP INVESTMENT STRATEGY AND DELIVERED THE COMPLETED REPORT IN 2025 IN PARTNERSHIP WITH VENTURE CENTRAL.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2012.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.