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Nonprofit · EIN 84-1899948

COMMUNITY CREDIT LAB

Tax-exempt · SEATTLE, WA 98104

Financials

$4.6M$111K2022$302K$667K2023$887K$3K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY CREDIT LAB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$887,481$3,395$884,086$8,960,354$2,764,094$6,196,260
December 31, 2023990$301,770$667,141-$365,371$7,718,349$2,406,175$5,312,174
December 31, 2022990 (amended)$4,631,133$110,655$4,520,478$7,169,714$1,644,667$5,525,047
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$689,645
Program service revenue
$0
Investment income
$85,628
Other revenue
$112,208

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$3,395

Balance sheet and other

Total assets, start of year
$7,718,349
Total assets, end of year
$8,960,354
Total liabilities, end of year
$2,764,094
Net assets, end of year
$6,196,260
Net assets without donor restrictions
$3,669,545
Net assets with donor restrictions
$2,526,715
Gross receipts
$887,481
Employees
0
Volunteers
0
Year formed
2019
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JESSICA FEINGOLDDIRECTOR AND VICE PRESIDENT
Trustee or director, Officer
1$0$205,748$24,288
SANDHYA NAKHASIDIRECTOR AND PRESIDENT
Trustee or director, Officer
1$0$205,434$17,288
JENNIFER NJUGUNADIRECTOR
Trustee or director
1$0$209,265$9,068
TYRA EDMONDTREASURER
Trustee or director, Officer
1$0$157,680$14,529
VICTORIA MONTEIROSECRETARY
Trustee or director, Officer
1$0$138,209$17,161
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SANDHYA NAKHASIDIRECTOR AND PRESIDENT
Trustee or director, Officer
1$0
JESSICA FEINGOLDDIRECTOR AND VICE PRESIDENT
Trustee or director, Officer
1$0
JENNIFER NJUGUNADIRECTOR
Trustee or director
1$0
VICTORIA MONTEIROSECRETARY
Trustee or director, Officer
1$0
TYRA EDMONDTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
SANDHYA NAKHASIBOARD MEMBER/PRESIDENT
Trustee or director, Officer
1$0
RYAN GLASGOBOARD MEMBER/TREASURER
Trustee or director, Officer
1$0
RODNEY FOXWORTHBOARD MEMBER/VICE PRESIDENT
Trustee or director, Officer
1$0
VIVIENNE LEEBOARD MEMBER/SECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
450 ALASKAN WAY S STE 200, SEATTLE, WA 98104-2785
In care of
% RYAN GLASGO
Principal officer (990 for 2024)
SANDHYA NAKHASI, 450 ALASKAN WAY SOUTH 200, SEATTLE, WA 981042785
Signed the 990
SANDHYA NAKHASI, PRESIDENT
Phone
(253) 693-0009
Return prepared by
CBIZ ADVISORS LLC

Mission

TO SUPPORT EQUITABLE ACCESS TO ECONOMIC OPPORTUNITIES FOR IMMIGRANTS, REFUGEES, LOW-INCOME, MARGINALIZED, AND UNDERSERVED COMMUNITIES IN KING COUNTY AND THE UNITED STATES.

990 for the year ended December 31, 2024

Program accomplishments

  • DESIGN AND MANAGEMENT OF AFFORDABLE LENDING PROGRAMS THAT SEEK TO INCREASE ECONOMIC EQUALITY FOR COMMUNITIES FACING DISCRIMINATION.
    Expenses $3,395

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-1899948
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$8,960,354
Income (IRS master file)
$887,481

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$887,481$3,395$8,960,354XML
990December 2023$301,770$667,141$7,718,349XML
990December 2022$4,631,133$110,655$7,169,714XML
990September 2022$1,364,814$905,099$3,121,640IRS
990September 2021–––IRS
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1899948).

Questions about COMMUNITY CREDIT LAB

What is the EIN of COMMUNITY CREDIT LAB?
The employer identification number (EIN) of COMMUNITY CREDIT LAB is 84-1899948.
Is COMMUNITY CREDIT LAB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to COMMUNITY CREDIT LAB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY CREDIT LAB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COMMUNITY CREDIT LAB due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY CREDIT LAB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY CREDIT LAB?
The 990 for the year ended December 31, 2024 names SANDHYA NAKHASI.
Who are the officers and directors of COMMUNITY CREDIT LAB?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does COMMUNITY CREDIT LAB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $887,481, expenses of $3,395 and total assets of $8,960,354 at year end.

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