Organizations Filed Purposes:
CDVCA PROMOTES THE AVAILABILITY OF STARTUP AND GROWTH CAPITAL FOR BUSINESSES TO CREATE GOOD JOBS, ENTREPRENEURIAL CAPACITY, AND PRODUCTIVE WEALTH THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.
THE COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE (CDVCA) IS THE TRADE ASSOCIATION OF THE COMMUNITY DEVELOPMENT VENTURE CAPITAL INDUSTRY. INCORPORATED AS A NOT-FOR-PROFIT, TAX-EXEMPT CORPORATION IN 1995, CDVCA PROMOTES USE OF THE TOOLS OF VENTURE CAPITAL TO CREATE JOBS, ENTREPRENEURIAL CAPACITY AND WEALTH TO ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.COMMUNITY DEVELOPMENT VENTURE CAPITAL FUNDS PROVIDE MUCH-NEEDED EQUITY CAPITAL TO BUSINESSES IN ECONOMICALLY DISTRESSED AREAS IN THE UNITED STATES FOR THE PURPOSE OF CREATING GOOD JOBS AND ECONOMIC OPPORTUNITY FOR LOW-INCOME PEOPLE.CDVCA IS WORKING ON MANY FRONTS TO BUILD, STRENGTHEN AND SUPPORT THE COMMUNITY DEVELOPMENT VENTURE CAPITAL FIELD. PROGRAMS INCLUDE TRAINING, A CENTRAL FUND THAT INVESTS IN THE INDUSTRY, RESEARCH AND ADVOCACY.
CDVCA MANAGES AND INVESTS CAPITAL IN FUNDS AND OPERATING BUSINESSES THAT CREATE GOOD JOBS, PRODUCTIVE WEALTH AND ENTREPRENEURIAL CAPACITY THAT ADVANCE THE LIVELIHOODS OF LOW INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.
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 |
|---|
| Kerwin Tesdell | PRESIDENT | 40 | $291,750 |
| Alan Bernstein | TREASURER | 1 | $17,500 |
| Stanley Tucker | DIRECTOR | 1 | $0 |
| Tom Loy | DIRECTOR | 1 | $0 |
| Joseph Bartlett Through 32019 | DIRECTOR | 1 | $0 |
| Nathaniel Henshaw | SECRETARY | 1 | $0 |
| Ray Moncrief | CHAIRMAN | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202013169349303751_public.xml