INSTITUTE CAPITAL INC INSTITUTE CAPITAL, INC. IS A NOT-FOR-PROFIT ORGANIZATION WHOSE PURPOSE IS TO DEVELOP AND/OR PRESERVE AFFORDABLE HOUSING, ENCOURAGE AND STIMULATE COMMUNITY AND ECONOMIC DEVELOPMENT, AND EXPAND ECONOMIC OPPORTUNITIES AND PROVIDE FINANCING FOR COMMUNITY DEVELOPMENT ACTIVITIES. INSTITUTE CAPITAL INC. IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. DEPARTMENT OF THE TREASURY AND IS SUPPORTED PRIMARILY BY GOVERNMENT GRANTS AND INCOME FROM LOANS. THE ORGANIZATION'S INVESTMENT AREA INCLUDES NORTH CAROLINA, SOUTH CAROLINA, VIRGINIA, WEST VIRGINIA, KENTUCKY, AND THE DC METRO AREA.
Annual Revenue
$3,302,522
Known Funders
3
Grants Received
5
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3,302,522 | $2,489,074 | $41,335,812 |
| 2023 | $6,193,834 | $3,585,434 | $31,611,129 |
| 2022 | $2,867,118 | $2,586,659 | $25,442,652 |
| 2021 | $2,459,551 | $1,291,565 | $22,759,818 |
| 2020 | $1,596,814 | $2,383,633 | $19,596,236 |
| 2019 | $1,555,761 | $1,925,413 | $21,767,594 |
| 2018 | $3,245,215 | $1,344,121 | $21,462,263 |
| 2017 | $2,435,260 | $1,106,201 | $19,552,782 |
Top Funders
RALEIGH, NC
PHILADELPHIA, PA
WASHINGTON, DC
WASHINGTON, DC
PHILADELPHIA, PA
Key Personnel
From 2024 IRS 990 filing
KEVIN J PRICE
PRESIDENT/CEO
LISA JACKSON
BOARD MEMBER
LEWIS H MYERS
CHAIRMAN
SUZANNE MALONE
TREASURER
EVAN SITTON
BOARD MEMBER
TYRONE BAINES PHD
SECRETARY
MICHAEL SUGGS
VICE CHAIR
THURMAN SMITH
BOARD MEMBER
ROBERTA MCCULLOUGH
SENIOR VP OPERATIONS
ANGELA POOLE
V.P. OF FINANCE
Frequently Asked Questions
Other Nonprofits in North Carolina
Unlock Full Nonprofit Data
Sign up for free to access the complete funder list, financial history, program details, key personnel, and smart matching.