Organizations Filed Purposes:
PROSPERITY NOW'S (FORMERLY CFED) WORK MAKES IT POSSIBLE FOR MILLIONS OF PEOPLE TO ACHIEVE FINANCIAL SECURITY AND CONTRIBUTE TO AN OPPORTUNITY ECONOMY. WE SCALE INNOVATIVE PRACTICAL SOLUTIONS THAT EMPOWER LOW-AND MODERATE-INCOME PEOPLE TO BUILD WEALTH. WE DRIVE RESPONSIVE POLICY CHANGE AT ALL LEVELS OF GOVERNMENT. WE SUPPORT THE EFFORTS OF COMMUNITY LEADERS ACROSS THE COUNTRY TO ADVANCE ECONOMIC OPPORTUNITY FOR ALL.
SEE PART III, LINE 1.
RESEARCH, POLICY, RACIAL WEALTH DIVIDE AND FIELD ENGAGEMENT: THE APPLIED RESEARCH TEAM AT PROSPERITY NOW PRODUCES AND DISSEMINATES THREE KINDS OF RESEARCH: (1) RESEARCH THAT HELPS DEFINE THE CURRENT STATE OF HOUSEHOLD FINANCIAL SECURITY IN THE U.S.; (2) RESEARCH THAT DOCUMENTS THE EMERGENCE AND GROWTH OF INNOVATIVE NEW PROGRAMS, POLICIES, AND PRODUCTS DESIGNED TO HELP IMPROVE FINANCIAL SECURITY FOR U.S. CONSUMERS, AND; (3) RESEARCH THAT BUILDS THE EVIDENCE BASE ABOUT THE EFFECTIVENESS OF THESE STRATEGIES.IN 2015, PROSPERITY NOW LAUNCHED THE RACIAL WEALTH DIVIDE INITIATIVE TO HELP PROSPERITY NOW ADDRESS RACIAL WEALTH INEQUALITY IN A MORE COMPREHENSIVE AND TARGETED MANNER. THE POLICY PROGRAM AT PROSPERITY NOW HELPS EDUCATE POLICYMAKERS, ADVOCATES AND THE PUBLIC ABOUT INNOVATIVE POLICY IDEAS THAT CAN SUPPORT LOW-INCOME HOUSEHOLDS IN THEIR EFFORTS TO STRENGTHEN THEIR FINANCIAL WELL-BEING.PROSPERITY NOW'S FIELD ENGAGEMENT TEAM CONNECTS, BUILDS THE CAPACITY OF AND MOBILIZES A BROAD RANGE OF STAKEHOLDERS IN THE ASSET-BUILDING AND FINANCIAL CAPABILITY FIELDS. THE TEAM MANAGES PROSPERITY NOW'S NATIONAL NETWORKS OF ADVOCATES, PRACTITIONERS, POLICYMAKERS AND OTHERS WORKING TO ENSURE THAT LOW- AND MODERATE-INCOME FAMILIES HAVE THE SKILLS, SUPPORT AND OPPORTUNITIES TO FUNDAMENTALLY IMPROVE THEIR ECONOMIC POSITION.
SAVINGS AND FINANCIAL CAPABILITY: THE SAVINGS AND FINANCIAL CAPABILITY PROGRAM FOCUSES ON PROGRAM AND PRACTICE INNOVATIONS THAT HELP LOW-INCOME INDIVIDUALS AND FAMILIES HAVE THE KNOWLEDGE, SKILLS, AND RESOURCES THEY NEED TO BUILD ASSETS. THE PROGRAM ENSURES ADULTS ALSO HAVE ACCESS TO A RANGE OF PRODUCTS AND SERVICES THAT SUPPORT FINANCIAL CAPABILITY AND ASSET BUILDING, INCLUDING INDIVIDUAL DEVELOPMENT ACCOUNTS, FINANCIAL COACHING AND COUNSELING, FINANCIAL EDUCATION, AND ACCESS TO OTHER FINANCIAL PRODUCTS. THE PROGRAM PROVIDES TECHNICAL ASSISTANCE, RESEARCH, AND POLICY SUPPORT TO THE FIELD OF FINANCIAL CAPABILITY AND ASSET BUILDING PROVIDERS. IT IS ALSO ENSURING THAT LARGE PUBLIC SYSTEMS SUCH AS SCHOOLS, WORKFORCE DEVELOPMENT, HOUSING PROGRAMS, AND EMERGENCY ASSISTANCE INCORPORATE OPPORTUNITIES TO BUILD FINANCIAL CAPABILITY.
AFFORDABLE HOMEOWNERSHIP:TO ENSURE THAT LOW-INCOME AND VULNERABLE PEOPLE HAVE THE OPPORTUNITY TO BUILD WEALTH THROUGH HOMEOWNERSHIP, THE AFFORDABLE HOMEOWNERSHIP PROGRAM SEEKS TO (1) PREPARE PEOPLE FOR HOMEOWNERSHIP THROUGH HOMEOWNERSHIP COUNSELING, DOWN PAYMENT ASSISTANCE AND IDAS, CREDIT REPAIR AND CREDIT BUILDING, AND ADDRESSING PREDATORY LENDING IN COMMUNITIES; (2) INCREASE THE AVAILABILITY OF AFFORDABLE HOMES BY INCREASING AND PRESERVING AFFORDABLE HOUSING STOCK, INCLUDING QUALITY MANUFACTURED HOUSING, AND LOWERING THE COST OF ENTRY TO HOMEOWNERSHIP (E.G., SHARED EQUITY, INCLUSIONARY ZONING, LAND TRUSTS) AND (3) REDUCE THE RISK OF HOMEOWNERSHIP BY PROMOTING FORECLOSURE PREVENTION TECHNIQUES, HIGH-TOUCH SERVICING, AND EMERGENCY SAVINGS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Adnan Bokhari | CFO/COO | 40 | $347,348 |
| Andrea Levere | PRESIDENT (END 8/19) | 40 | $229,932 |
| David Newville | VP, POLICY & RESEARCH | 40 | $198,737 |
| Lillian Singh | VP, PROGRAMS & RACIAL WEALTH EQUITY | 40 | $193,122 |
| Caryn Sweeney | CHIEF PHILANTHROPY OFFICER | 40 | $180,881 |
| Gary Cunningham | PRESIDENT (START 8/19) | 40 | $155,935 |
| Douglas Major-Ryan | SR DIR, AFFORDABLE HOMEOWNERSHIP | 40 | $147,445 |
| Carl Rist | SR. DIR. CHILD'S SAV ACCTS(END 9/19) | 40 | $110,353 |
| Courtney Hodapp | DIRECTOR (START 10/19) | 4 | $0 |
| Robin Mckinney | DIRECTOR | 4 | $0 |
| Ellen Lazar | VICE CHAIR | 4 | $0 |
| John Kalamarides | TREASURER | 4 | $0 |
| Martha Kanter | DIRECTOR | 4 | $0 |
| Ronald Grzywinski | SECRETARY | 4 | $0 |
| Annie Burns | DIRECTOR | 4 | $0 |
| Bea Stotzer | DIRECTOR | 4 | $0 |
| Victor Reinoso | DIRECTOR | 4 | $0 |
| Bill Bynum | DIRECTOR | 4 | $0 |
| Judith Bell | DIRECTOR | 4 | $0 |
| Sherry Salway Black | DIRECTOR | 4 | $0 |
| Asheesh Advani | CHAIR | 4 | $0 |
| Brandee Mchale | DIRECTOR | 4 | $0 |
| Robert E Friedman | CHAIR-EMERITUS & GEN. COUNSEL | 4 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202022889349301002_public.xml