- Revenue 2025
- $12,869,917
- Expenses 2025
- $12,142,180
Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S43
- Classification
- 1000
- Street
- 2921 E 17TH ST BLDG D STE 1
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
This address is a suite or unit (STE 1). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
MCLENNAN COMMUNITY INVESTMENT FUND
EIN 84-4371176
Mission and programs · 2025
Mission
PEOPLEFUND CREATES ECONOMIC OPPORTUNITY AND FINANCIAL STABILITY FOR UNDERSERVED PEOPLE AND COMMUNITIES BY PROVIDING ACCESS TO CAPITAL, EDUCATION, AND RESOURCES TO BUILD HEALTHY SMALL BUSINESSES.
Activities or mission (Part I)
CREATING ECONOMIC OPPORTUNITY AND FINANCIAL STABILITY FOR UNDERSERVED PEOPLE AND COMMUNITIES.
-
PEOPLEFUND IS A 501(C)(3) NONPROFIT CORPORATION WHOSE MISSION IS TO PROMOTE ECONOMIC VITALITY AND OPPORTUNITY IN LOW INCOME COMMUNITIES BY PROVIDING FINANCIAL SERVICES AND TECHNICAL ASSISTANCE THAT WILL: CREATE JOBS, PROVIDE NEEDED GOODS AND SERVICES, IMPROVE THE PHYSICAL ENVIRONMENT, PROMOTE DIVERSITY, ENTREPRENEURIAL SUCCESS, AND BUILD INDIVIDUAL AND COMMUNITY ASSETS. PEOPLEFUND PROVIDES FINANCING AND COMPREHENSIVE TECHNICAL ASSISTANCE SERVICES TO BUSINESSES, COMMUNITY ORGANIZATIONS, AND MICROENTERPRISES IN LOWER INCOME COMMUNITIES THROUGHOUT TEXAS.
Expenses $9,674,869 · Grants $321,550 · Revenue $6,138,410
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Luther BranhamLUTHER BRANHAM
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Larry MillerLARRY MILLER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Nina NelmsNINA NELMS
VICE CHAIR - PART YEAR
- Total calculated
- $0
- Hours/week
- 1
-
Anna SanchezANNA SANCHEZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Beth LipsonBETH LIPSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Cecilia CasteloCECILIA CASTELO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack NelsonJACK NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melinda CostaMELINDA COSTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dorothy CleavesDOROTHY CLEAVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nena ShahNENA SHAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bryan RubioBRYAN RUBIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike MoskovitzMIKE MOSKOVITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike StittMIKE STITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John BurerJOHN BURER
DIRECTOR - PART YEAR
- Total calculated
- $0
- Hours/week
- 1
-
Gustavo LasalaGUSTAVO LASALA
PRESIDENT AND CEO
- Total calculated
- $328,135
- From this org
- $296,846
- From related orgs
- $0
- Other
- $31,289
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,521
- Bonus
- $46,325
- Other
- $0
- Deferred
- $23,138
- Nontaxable benefits
- $8,151
- Filer's total
- $328,135
-
Anthony HedgerANTHONY HEDGER
CFO
- Total calculated
- $275,340
- From this org
- $234,576
- From related orgs
- $0
- Other
- $40,764
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $214,723
- Bonus
- $19,853
- Other
- $0
- Deferred
- $32,525
- Nontaxable benefits
- $8,239
- Filer's total
- $275,340
-
Jennifer PalecekJENNIFER PALECEK
SVP OF PHILANTHROPIC RELATIONS
- Total calculated
- $208,245
- From this org
- $185,191
- From related orgs
- $0
- Other
- $23,054
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,518
- Bonus
- $15,673
- Other
- $0
- Deferred
- $14,815
- Nontaxable benefits
- $8,239
- Filer's total
- $208,245
-
Janie HernandezJANIE HERNANDEZ
SVP EMPLOYMENT RELATIONS
- Total calculated
- $109,300
- From this org
- $102,375
- From related orgs
- $0
- Other
- $6,925
- Hours/week
- 25
-
Oscar Fernando AlmanzaOSCAR FERNANDO ALMANZA
CIO
- Total calculated
- $275,864
- From this org
- $229,613
- From related orgs
- $0
- Other
- $46,251
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $214,723
- Bonus
- $14,890
- Other
- $0
- Deferred
- $37,679
- Nontaxable benefits
- $8,572
- Filer's total
- $275,864
-
Michelle PowellMICHELLE POWELL
FINANCIAL CONTROLLER
- Total calculated
- $141,847
- From this org
- $133,338
- From related orgs
- $0
- Other
- $8,509
- Hours/week
- 40
-
Stone CarrollSTONE CARROLL
DIRECTOR OF UNDERWRITING
- Total calculated
- $126,501
- From this org
- $109,500
- From related orgs
- $0
- Other
- $17,001
- Hours/week
- 40
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. 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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $12,869,917
- Expenses
- $12,142,180
- Contributions
- $6,076,894
- Grants paid
- $321,550
-
2024
- Revenue
- $23,699,129
- Expenses
- $13,869,670
- Contributions
- $16,433,352
- Grants paid
- $495,093
-
2023
- Revenue
- $11,176,295
- Expenses
- $11,205,653
- Contributions
- $4,823,515
- Grants paid
- $479,496
-
2022
- Revenue
- $11,186,466
- Expenses
- $10,360,911
- Contributions
- $7,162,182
- Grants paid
- $1,286,075
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $14,535,836
- Expenses
- $7,530,752
- Assets (EOY)
- $66,108,373
-
2020 · 990
- Revenue
- $15,691,172
- Expenses
- $13,204,465
- Assets (EOY)
- $52,643,100
-
2019 · 990
- Revenue
- $7,384,956
- Expenses
- $6,541,978
- Assets (EOY)
- $43,786,746
-
2018 · 990
- Revenue
- $5,676,882
- Expenses
- $5,506,816
- Assets (EOY)
- $41,626,102
-
2017 · 990
- Revenue
- $7,094,094
- Expenses
- $5,858,954
- Assets (EOY)
- $39,491,560
-
2016 · 990
- Revenue
- $6,443,655
- Expenses
- $4,389,401
- Assets (EOY)
- $30,432,930
-
2015 · 990
- Revenue
- $2,891,136
- Expenses
- $3,231,563
- Assets (EOY)
- $19,812,844
-
2014 · 990
- Revenue
- $2,714,033
- Expenses
- $2,534,209
- Assets (EOY)
- $15,334,695
-
2013 · 990
- Revenue
- $2,379,064
- Expenses
- $2,250,035
- Assets (EOY)
- $14,468,411
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
2022 SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
-
2022 SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
-
BLACK BUSINESS INVESTMENTS FUND INC
$140,000
2022 SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
-
2022 SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
-
WISCONSIN WOMENS BUSINESS INITIATIVE
$100,000
2022 SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
-
$50,000
2022 SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
-
$33,500
2022 SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
Grants received
-
2024 MEDICAL / PUBLIC SERVICES
-
$250,000
2023 FINANCE JUSTICE FUND SUBGRANT
-
2022 SEE PART IV
-
2023 SEE PART IV
-
2024 SEE PART IV
-
$15,100
2024 GENERAL SUPPORT
-
$10,000
2023 PEOPLEFUND'S DIGITAL TRANSFORMATION
-
2022 COMMUNITY DEVELOPMENT
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2025 return
-
VETERAN LOAN FUND LLC
SUPPORT CDFIS THAT PROVIDE ASSISTANCE TO VETERANS · DE · income $243,010 · assets $8,781,583
-
VETERAN LOAN FUND 2 LLC
SUPPORT CDFIS THAT PROVIDE ASSISTANCE TO VETERANS · DE · income $297,730 · assets $7,583,187
-
VETERAN LOAN FUND CORPORATION
SUPPORT CDFIS THAT PROVIDE ASSISTANCE TO VETERANS · DE · income $0 · assets $4,250,000
-
SMALL BUSINESS BANKING SUPPORT · TX · income $554,377 · assets $845,289
Related partnerships on its 2025 return
-
PEOPLEFUND NMTC LLC
RELATED · NMTC PROGRAM · TX · 99% owned
-
PEOPLEFUND ADVISORS LLC
RELATED · LOAN ORIGINATION · DC · 50.1% owned · general or managing partner
-
PEOPLEFUND NMTC 4 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 5 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 6 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 7 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 8 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 9 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 10 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 11 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 12 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 13 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 14 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 15 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 16 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 17 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 18 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 19 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 20 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 21 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 22 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 23 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 24 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 25 LLC
N/A · NMTC PROGRAM · TX
-
PEOPLEFUND NMTC 26 LLC
N/A · NMTC PROGRAM · TX
The first 25 as filed. The return lists the rest.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.