Organizations Filed Purposes:
SEE SCHEDULE 'O' PAGE 44
AFFORDABLE HOUSINGCAPITAL IMPACT PARTNERS BRIDGES THE GAP BETWEEN POLICY AND DEVELOPMENT TO IMPROVE THE LIVES OF LOW-INCOME INDIVIDUALS. CAPITAL IMPACT PARTNERS' EFFORTS IN AFFORDABLE HOMEOWNERSHIP ARE TO BUILD CAPACITY AND SCALE FOR LONG-TERM AFFORDABLE HOUSING. IN 2019, CAPITAL IMPACT PARTNERS DISBURSED APPROXIMATELY $81.4 MILLION TO AID IN THE RENOVATION OR NEW CONSTRUCTION OF 14 HOUSING COMPLEXES, CREATING 1,313 UNITS OF HOUSING, APPROXIMATELY EIGHTY-FIVE PERCENT OF WHICH WERE AFFORDABLE. ADDITIONALLY, CAPITAL IMPACT PARTNERS CONTINUED, IN PARTNERSHIP WITH INVEST DETROIT, THE STAY MIDTOWN PROGRAM, WHICH IS A RESIDENTIAL RETENTION PROGRAM THAT PROVIDES RENTAL SUBSIDIES TO CURRENT RESIDENTS WHO EARN BETWEEN 30-80 PERCENT OF AREA MEDIAN INCOME. AS OF 2019, THE STAY MIDTOWN HAS ENROLLED 148 ELIGIBLE HOUSEHOLDS, HELPING THEM AVOID DISPLACEMENT AND RETAIN AFFORDABLE RENTAL UNITS IN THE MIDTOWN DETROIT AREA.
HEALTHCARE:CAPITAL IMPACT PARTNERS HAS CREATED INNOVATIVE SOLUTIONS TO SUCCESSFULLY PRESERVE AFFORDABLE HEALTH CARE FOR LOW INCOME FAMILIES ACROSS THE COUNTRY. DEDICATED TO DELIVERING VALUE-ADDED SERVICE AND EASE OF PROCESS, WE TAP OUR OVER 30 YEARS OF EXPERIENCE IN THE MARKET TO CUSTOMIZE APPROPRIATELY STRUCTURED FINANCING FOR OUR BORROWERS: COMMUNITY CLINICS AND HEALTH CENTERS, SUBSTANCE ABUSE REHABILITATION/BEHAVORIAL CARE FACILITIES, ADULT DAY HEALTH CARE FACILITIES, AND ASSISTED LIVING/CONTINUING CARE FACILITIES. IN 2019, CAPITAL IMPACT PARTNERS DISBURSED APPROXIMATELY $19.9 MILLION TO 7 HEALTH FACILITIES THAT SERVE NEARLY 177,000 PATIENTS ANNUALLY. SIXTY-SIX PERCENT OF PATIENTS LIVE AT OR BELOW 200% OF THE FEDERAL POVERTY LINE.
EDUCATION:CAPITAL IMPACT PARTNERS HAS BEEN A CHARTER SCHOOL LENDER FOR OVER 20 YEARS AND HAS BECOME A VALUABLE FINANCING SOURCE FOR OUR NATION'S CHARTER SCHOOLS. TO ENSURE THAT LOW COST CAPITAL IS AVAILABLE NATIONWIDE, CAPITAL IMPACT PARTNERS OFFERS (1) CONSTRUCTION AND RENOVATION LOANS, (2) REAL ESTATE ACQUISITION AND TERM LOANS, EQUIPMENT LOANS, AND (3) REVOLVING LINES OF CREDIT. CAPITAL IMPACT PARTNERS CONNECTS ITS BORROWERS TO INSTITUTIONAL INVESTORS TO IMPROVE THE AMOUNT AND TYPE OF FINANCING AVAILABLE. IN 2019, DISBURSEMENTS TOTALED $13.6 MILLION TO 5 CHARTER SCHOOLS THAT SERVE JUST OVER 6,000 STUDENTS, 55% OF WHOM QUALIFY FOR FREE OR REDUCED PRICE LUNCHES. CAPITAL IMPACT PARTNERS DEVELOPED OR RENOVATED MORE THAN 172,000 SQUARE FEET OF EDUCATIONAL SPACE.
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 |
|---|
| Ellis Carr | PRESIDENT & CEO | 40 | $483,918 |
| Natalie Gunn | CHIEF FINANCIAL/ADMINISTRA | 40 | $355,075 |
| Diane Borradaile | CHIEF LENDING OFFICER | 40 | $312,055 |
| Amy Sue Leavens | GENERAL COUNSEL AND CHIEF | 40 | $309,333 |
| Carolyn K Bauer | CHIEF RISK OFFICER | 40 | $289,166 |
| Scott Berman | DEPT. DIRECTOR | 40 | $221,556 |
| Lisa Grammer | CONTROLLER | 40 | $202,373 |
| Danielle Graceffa | DEPT. DIRECTOR | 40 | $198,050 |
| Theodore Silva | DEPT. DIRECTOR | 40 | $195,725 |
| Gail Markulin | DIRECTOR | 0.65 | $4,000 |
| Alaina Beverly | DIRECTOR | 0.65 | $4,000 |
| Dan Varner | DIRECTOR | 0.65 | $4,000 |
| Eli Kennedy | DIRECTOR | 0.65 | $3,000 |
| Pedro Goitia | DIRECTOR | 0.65 | $3,000 |
| David Vliet | DIRECTOR | 0.65 | $2,000 |
| Domingo Rodriguez | DIRECTOR | 0.65 | $2,000 |
| Casey Fannon | DIRECTOR | 0.65 | $2,000 |
| Wilson Beebejr | DIRECTOR | 0.65 | $2,000 |
| Paul Hazen | DIRECTOR | 0.65 | $2,000 |
| Mary Ann Rothman | DIRECTOR | 0.65 | $1,000 |
| Jennifer Smith Dolin | DIRECTOR | 0.65 | $1,000 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202032259349300808_public.xml