COMMUNITY INVESTMENT COLLABORATIVE
Empowering Small Business for Big Change
Mission
CIC strengthens our community and contributes to economic development by fueling the success of under-resourced entrepreneurs through education, mentoring, financing and networking. CIC is a Community Development Finance Institution (CDFI) founded in 2012. We host the Central Virginia Small Business Development Center.
Ruling year
2012
President
Mr. Stephen Davis
Main address
PO Box 2976
Charlottesville, VA 22902 USA
EIN
45-4105820
NTEE code
Economic Development (S30)
Employment, Job Related N.E.C. (J99)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
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Communication
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Entrepreneurship Training
CIC offers bi-annually a 16-week entrepreneurship training for existing and aspiring entrepreneurs.
Microlending
CIC offers microloans up to $35,000 in three stages to graduates of the entrepreneurship training.
Mentoring
Graduates of the training can request mentors, business leaders in our community, to work with them to help achieve their goals.
The Collaborative
A workspace for CIC entrepreneurs to connect, create and collaborate.
Where we work
Awards
2013 Community award 2013
Charlottesville Business Innovation Council
2014 Human Resources Excellence Award 2014
Charlottesville Society of Human Resources
2017 Lighting the Way Award 2017
SunTrust Foundation
2021 John F. Bell Sr. Vanguard Award. 2021
The Charlottesville Regional Chamber of Commerce Minority Business Alliance
External reviews
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
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- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
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COMMUNITY INVESTMENT COLLABORATIVE
Board of directorsas of 02/11/2022
Mr. Lee Elberson
Fairfax Ayres
Todd Kennedy
Shawn Pendleton
Jessica Tiller
Sara Clayborne
Elizabeth Willingham
Lee Elberson
Molly Fulton
Kevin Schuyler
Alex Urpi
Mary Loose DeViney
Molly Fulton
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
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