Form 990 for tax year 2024
Filed by AFRICAN AMERICAN ALLIANCE OF CDFI CEOS INC.
Totals
- Total revenue
- $8,592,780
- Total expenses
- $5,831,021
- Contributions and grants received
- $8,332,896
- Grants paid
- $41,740
- Program services expenses (Part IX)
- $4,543,423
- Management and general expenses
- $1,287,598
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,543,423
Program services were 77.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Donna Grambrell
Chair
- Total calculated
- $0
- Hours/week
- 120
-
Calvin Holmes
Member Emeritus
- Total calculated
- $0
- Hours/week
- 120
-
Victor Elmore
Member Emeritus
- Total calculated
- $0
- Hours/week
- 120
-
Vandell Hampton
Secretary
- Total calculated
- $0
- Hours/week
- 120
-
Watchen Bruce
Vice Chair
- Total calculated
- $0
- Hours/week
- 120
-
Marshall Crawfoard
Treasurer
- Total calculated
- $0
- Hours/week
- 120
-
Lenwood V Long Sr
CEO/Admin
- Total calculated
- $214,600
- From this org
- $214,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $214,600
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $214,600
-
Chavella Sangokoya
SVP / Programs & Strategic Initiative
- Total calculated
- $169,607
- From this org
- $169,607
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $169,607
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $169,607
-
Ryan Gremillion
VP/ Policy & Research
- Total calculated
- $170,625
- From this org
- $170,625
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $170,625
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $170,625
-
Erica Lynn Mcpherson
SVP/ Economic development & Lending
- Total calculated
- $178,848
- From this org
- $178,848
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $178,848
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $178,848
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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
National Association for Latino Community
$25,000
Unrestricted
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 August 2025
- IRS schema version
- 2024v5.2
- Source object
- 202532239349300638
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