Impact Capital Managers Inc
- Assets
- $916.0k
- Revenue
- $583.3k
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 83-3201824
Organization Overview
Impact Capital Managers Inc is located in New York, NY. As of 12/2023, Impact Capital Managers Inc employed 6 individuals. Impact Capital Managers Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Impact Capital Managers Inc generated $583.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $393.7k during the year ending 12/2023. While expenses have increased by 23.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WAS FORMED FOR THE FOLLOWING PURPOSES - TO SUPPORT THE DEVELOPMENT OF THE PRIVATE CAPITAL IMPACT INVESTING INDUSTRY, TO EDUCATE IMPACT INVESTORS, TO DEVELOP AND SHARE DATA, BEST PRACTICES, POLICIES, AND PROFESSIONAL STANDARDS FOR IMPACT INVESTORS, TO PROMOTE DIVERSITY, EQUITY, AND INCLUSION IN IMPACT INVESTING, AND ANY OTHER ACTIVITIES THAT PROMOTE THE COMMON BUSINESS INTEREST OF IMPACT INVESTORS AND THE IMPACT INVESTING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
-ORGANIZED AND ADMINISTERED OVER 50 EVENTS FOR MEMBERS, INCLUDING BUT NOT LIMITED TO: CO-INVESTMENT CALLS, MONTHLY PEER LEARNING WORKSHOPS, WORKING GROUP COMMITTEE MEETINGS, OUTSIDE SPEAKERS SERIES ON IMPACT MANAGEMENT, LEGAL STRATEGIES FOR IMPACT FUNDS, FUNDRAISING MASTERCLASSES, NON-TRANSACTIONAL MEET AND GREETS WITH IMPACT ALLOCATORS, REGIONAL IMPACT BREAKFASTS, AND MORE.-HELD AN IN-PERSON ANNUAL MEMBER CONVENING FOR 100+ INDIVIDUALS FROM OVER 80 ICM MEMBER FUNDS IN PHILADELPHIA AND A SIMILAR FALL EVENT IN SAN FRANCISCO.-HELD INTERNATIONAL MEMBER EVENTS TO DISCUSS IMPACT INVESTING IN PRIVATE MARKETS IN COPENHAGEN AND TOKYO.-PUBLISHED THOUGHT LEADERSHIP PIECES AND PROVIDED INTERVIEWS WITH INDUSTRY MEDIA OUTLETS.-IN PARTNERSHIP WITH THE ICM INSTITUTE, ORCHESTRATED THE FOURTH YEAR OF THE MOSAIC FELLOWSHIP, PLACING 25 TOP-PERFORMING GRADUATE STUDENTS FROM BACKGROUNDS TRADITIONALLY UNDERREPRESENTED IN FINANCE AND INVESTING, AT 21 ICM MEMBER FUNDS FOR THE SUMMER.-RECRUITED AND ONBOARDED OVER 20 PRIVATE CAPITAL IMPACT FUNDS TO THE NETWORK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hope Mago Chair | OfficerTrustee | 1 | $0 |
Dave Kirkpatrick Vice Chair | OfficerTrustee | 1 | $0 |
Josh Cohen Treasurer | OfficerTrustee | 1 | $0 |
Monika Mantilla Secretary | OfficerTrustee | 1 | $0 |
Todd Cook Director | Trustee | 1 | $0 |
Stephen Deberry Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,000 |
| Total Program Service Revenue | $542,871 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $583,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,983 |
| Compensation of current officers, directors, key employees. | $15,292 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,680 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,620 |
| Payroll taxes | $15,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,654 |
| Fees for services: Accounting | $20,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,081 |
| Advertising and promotion | $4,334 |
| Office expenses | $9,821 |
| Information technology | $7,165 |
| Royalties | $0 |
| Occupancy | $20,291 |
| Travel | $38,662 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,769 |
| All other expenses | $0 |
| Total functional expenses | $393,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $693,702 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,826 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $209,460 |
| Total assets | $915,988 |
| Accounts payable and accrued expenses | $27,233 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $27,233 |
| Net assets without donor restrictions | $888,755 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $915,988 |