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PEOPLEFUND

EIN 74-2814572 AUSTIN, TX

Browse the largest nonprofits in Texas

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.

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 Branham

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Larry Miller

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Nina Nelms

    VICE CHAIR - PART YEAR

    Total calculated
    $0
    Hours/week
    1
  • Anna Sanchez

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Beth Lipson

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Cecilia Castelo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jack Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melinda Costa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dorothy Cleaves

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nena Shah

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Rubio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Moskovitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Stitt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Burer

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    1
  • Gustavo 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 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 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 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 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 Powell

    FINANCIAL CONTROLLER

    Total calculated
    $141,847
    From this org
    $133,338
    From related orgs
    $0
    Other
    $8,509
    Hours/week
    40
  • Stone 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

Where these grants went next →

Grants received

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

  • MCIF

    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.