- Revenue 2025
- $1,000,182
- Expenses 2025
- $930,214
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- A20
- Classification
- 1200
- Street
- 2012 RHODE ISLAND AVE 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).
Other organizations at this address
2 other organizations in the IRS Business Master File list the same street address. matched by us
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.
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1231-1235 GOOD HOPE ROAD INC
EIN 87-3806971
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WASHINGTON AREA COMMUNITY INVESTMENT FUND INC
EIN 54-1442466
Mission and programs · 2025
Mission
TO INTEGRALLY SUPPORT THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF, THE WASHINGTON AREA COMMUNITY INVESTMENT FUND, INC (WACIF).
Activities or mission (Part I)
TO INTEGRALLY SUPPORT THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF, WACIF.
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SMALL BUSINESS SUPPORT - THE ANACOSTIA ENTREPRENEURSHIP CENTER, INC. (AEC) PROVIDED SUPPORT TO SMALL BUSINESSES, NONPROFITS, AND SOCIAL ENTERPRISES THROUGH OFFERING AFFORDABLE COMMERCIAL, RETAIL SPACE, AND COMMUNITY MEETING SPACE TO OVER 80 SMALL BUSINESSES WITHIN WASHINGTON, D.C.'S WARD 8 COMMUNITY THROUGH ITS RETAIL STORE FRONTS, THE "HIVE" CO-WORKING FACILITY, AND BLACK BOX THEATER. IN ADDITION, THE AEC WAS UTILIZED TO PROVIDE CONVENINGS IN SUPPORT AND IN CELEBRATION OF MINORITY-OWNED BUSINESSES, INCLUDING ARTISTS.
Expenses $930,214 · Revenue $272,297
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.
-
Shannan HerbertSHANNAN HERBERT
BOARD CHAIR AND CEO
- Total calculated
- $289,209
- From this org
- $0
- From related orgs
- $251,622
- Other
- $37,587
- Hours/week
- 2 + 42 related
Schedule J breakdown matched by us
- Base
- $0 + $251,489 related
- Bonus
- $0
- Other
- $0 + $133 related
- Deferred
- $0 + $13,594 related
- Nontaxable benefits
- $0 + $23,993 related
- Filer's total
- $0 + $289,209 related
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David MaleyDAVID MALEY
INTERIM CFO UNTIL MARCH 2025
- Total calculated
- $110,144
- From this org
- $0
- From related orgs
- $100,594
- Other
- $9,550
- Hours/week
- 2 + 40 related
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John McLeanJOHN MCLEAN
CHIEF FINANCIAL OFFICER
- Total calculated
- $139,981
- From this org
- $0
- From related orgs
- $126,440
- Other
- $13,541
- Hours/week
- 2 + 42 related
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Megan CarrasMEGAN CARRAS
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $169,083
- From this org
- $0
- From related orgs
- $159,260
- Other
- $9,823
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $158,989 related
- Bonus
- $0 + $271 related
- Other
- $0
- Deferred
- $0 + $2,025 related
- Nontaxable benefits
- $0 + $7,798 related
- Filer's total
- $0 + $169,083 related
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Messay DerebeMESSAY DEREBE
DIR., GENERAL ANACOSTIA ARTS CENTER
- Total calculated
- $167,664
- From this org
- $0
- From related orgs
- $151,382
- Other
- $16,282
- Hours/week
- 12 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $151,111 related
- Bonus
- $0 + $271 related
- Other
- $0
- Deferred
- $0 + $7,695 related
- Nontaxable benefits
- $0 + $8,587 related
- Filer's total
- $0 + $167,664 related
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
- $1,000,182
- Expenses
- $930,214
- Contributions
- $727,885
- Grants paid
- $0
-
2024
- Revenue
- $992,244
- Expenses
- $891,755
- Contributions
- $621,716
- Grants paid
- $0
-
2022
- Revenue
- $454,676
- Expenses
- $413,902
- Contributions
- $48,713
- 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.
Other returns filed
-
2021 · 990-EZ
- Revenue
- $14,867
- Expenses
- $13,899
- Assets (EOY)
- $52,561
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
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
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2024 OPERATING SUPPORT
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2025 OPERATING SUPPORT
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2023 OPERATING SUPPORT
-
2022 OPERATING SUPPORT
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.
Declared on its 2025 return
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WASHINGTON AREA COMMUNITY INVESTMENT FUND INC (WACIF)
501(C)(3) · INCLUSIVE ENTREPRENEURSHIP, COMM. WEALTH BUILDING, AND EQUITABLE ECON. DEV. · DC
-
501(C)(3) · OPERATED EXCLUSIVELY ON BEHALF OF AND FOR THE BENEFIT OF WACIF · DC
Declared as related by
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On its 2025 return
-
WASHINGTON AREA COMMUNITY INVESTMENT FUND INC
On its 2025 return as a controlled entity
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 SO.
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.