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← AFRICAN AMERICAN COMMUNITY INVESTMENT FUND

Form 990 for tax year 2023

Filed by AFRICAN AMERICAN COMMUNITY INVESTMENT FUND.

Totals

Total revenue
$244,582
Total expenses
$246,533
Contributions and grants received
$244,582
Grants paid
$246,511
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$285
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$285
Program services expenses (Part IX)
$246,511
Management and general expenses
$22
Fundraising expenses
$0
Program service expenses (Part III)
$246,511

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $244,582

  • 1g · Noncash contributions included above

    $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $246,511 · program services $246,511

  • 13 · Office expenses

    total $22 · management and general $22

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,226 · end of year $280

  • 2 · Savings and temporary cash investments

    beginning of year $10 · end of year $5

  • 27 · Net assets without donor restrictions

    beginning of year $2,236 · end of year $285

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Activities or mission (Part I)

The AACIFUND's mission is to address poverty, homelessness, housing, hunger, violence prevention and small business owner support, in primarily, but not exclusively in African American Communities throughout the Puget Region and beyond

  • The Rental Assistance program objective is to provide rent assistance to families in critical need to help stop evictions and prevent homelessness. In 2023, 129 families were assisted with rent assistance. AACIFund Hosted (2) Intake sessions with our organizational partner United Way where the community came in and applied for Rent assistance with United Way's program. Over 600 families participated.

    Expenses $246,511 · Grants $246,511

As filed on the 2023 return.

Listed in Part VII

  • Zachary K Bruce Sr

    President & Executive Director

    Total calculated
    $0
    Hours/week
    1

  • Dion Asberry

    First Vice President

    Total calculated
    $0
    Hours/week
    1

  • TayCjnay Waldher

    Second Vice President

    Total calculated
    $0
    Hours/week
    1

  • Mary Young

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Milena Beckford

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Medearis Dixson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brenda Crockett

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
24 October 2024
IRS schema version
2023v5.0
Source object
202422999349300547

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