NATIONAL BANKERS COMMUNITY ALLIANCE INC

As filed

Subsection

03

NTEE code

P51

Classification

1200

Street

1515 P ST NE

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).

Mission and programs · 2024

• MDI CONNECTTECH - NBCA IN COLLABORATION WITH THE ALLIANCE FOR INNOVATIVE REGULATION (AIR) AND WITH SUPPORT FROM CITI FOUNDATION'S COMMUNITY FINANCE INNOVATION FUND, MDI CONNECTTECH ASSISTS MINORITY-OWNED AND OPERATED BANKS IN THEIR JOURNEY TOWARDS MODERNIZATION AND DIGITAL TRANSFORMATION. THIS PROGRAM ENABLES MDIS TO DEVELOP AND INTEGRATE TECHNOLOGY SOLUTIONS TO STREAMLINE OPERATIONS, EXPAND THEIR CUSTOMER BASE, AND ENHANCE ENGAGEMENT THROUGH DIGITAL CHANNELS.

  Expenses $2,393,165

• OUR MONEY MATTERS (OMM) IS A FREE ONLINE TOOL DESIGNED TO DEVELOP, SUPPORT, AND SCALE ACCESS TO FINANCIAL EDUCATION AND SOUND FINANCIAL PRACTICES FOR MEMBERS OF UNDER-SERVED COMMUNITIES.

  Expenses $76,950

• FINANCIAL WELLNESS - THE OUR MONEY MATTERS (OMM) FINANCIAL WELLNESS DIGITAL PLATFORM REPRESENTS AN OPPORTUNITY TO CONNECT THE WORK OF MDIS IN DELIVERING FINANCIAL PRODUCTS AND SERVICES TO UNDERSERVED COMMUNITIES. DEVELOPED BY HBCU COMMUNITY DEVELOPMENT ACTION COALITION (HBCU CDAC), THE OMM INITIATIVE AND ITS DIGITAL PLATFORM EMPOWERS AND SUPPORTS PARTICIPANTS IN COMMUNITIES AND EDUCATIONAL SETTINGS TO ACQUIRE KNOWLEDGE, BUILD HABITS, AND ACCESS FINANCIAL LITERACY EDUCATION AND PERSONAL FINANCE TOOLS AND RESOURCES. THE OMM/NBCA PILOT INITIATIVE ("THE PILOT") CONNECTED FINANCIAL WELLNESS PROGRAMMING TO FINANCIAL PRODUCT AND SERVICE DELIVERY THAT ADDRESSES THE RACIAL WEALTH GAP.

  Expenses $526,550

• WINDWARD FUND - CLIMATE LENDING IS TO SUPPORT THE MDIS'ABILITY TO FUND CLIMATE CHANGE ADAPTATION, MITIGATION, AND RESILIENCE PROJECTS.

  Expenses $115,301

• VISA INTERNATIONAL - GRANT FUNDS TO SUPPORT THE PLANNING PHASE OF THE B.O.S.S (BACK-OFFICE SUPPORT SYSTEMS) TANK - A MULTI-MILLION, MULTI-YEAR INITIATIVE AIMED AT SMALL BUSINESSES IN THE DC AREA. THE GRANT WILL BE FOCUSED ON THREE KEY OBJECTIVES: FINALIZE THE DESIGN AND STRATEGIC PLAN FOR THE B.O.S.S TANK INITIATIVE; DEVELOP A PLAYBOOK ON HOW MDIS AND PHILANTHROPY CAN COLLABORATE TO STRENGTHEN INCLUSIVE ENTREPRENEURSHIP; DEVELOP A FRAMEWORK FOR HOW FUNDS GENERATED FROM $100M IN ESG BONDS WILL BE ALLOCATED TOWARD STRENGTHENING SMALL BUSINESSES.

  Expenses $59,770

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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

• 2024

  Revenue

  $3,007,556

  Expenses

  $3,401,031

  Contributions

  $2,425,000

  Grants paid

  $0

• 2023

  Revenue

  $1,724,059

  Expenses

  $2,347,268

  Contributions

  $1,577,736

  Grants paid

  $0

• 2022

  Revenue

  $11,723,574

  Expenses

  $639,836

  Contributions

  $11,588,074

  Grants paid

  $0

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.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• WINDWARD FUND

  $500,000

  2022 · ENVIRONMENTAL PROGRAMS

• THE CHICAGO COMMUNITY TRUST

  $250,000

  2024 · General support for programs, operations and other charitable purposes

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files