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DREAMSPRING

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Public nonprofit record

DREAMSPRING

EIN 85-0417347 · Community Improvement & Capacity Building (S43B)

What they do

DREAMSPRING is A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) and U.S. SMALL BUSINESS ADMINISTRATION (SBA) LENDER DEDICATED to ACCELERATING THE ECONOMIC INCLUSION and STRENGTH of UNDERSERVED COMMUNITIES. FOUNDED IN 1994, THE ORGANIZATION PROVIDES RAPID ACCESS to CAPITAL and CUSTOMIZED WRAP-AROUND SUPPORT to THE MOST VULNERABLE SMALL BUSINESS OWNERS IN 27 STATES, FOCUSING ON UNDERCAPITALIZED COMMUNITIES INCLUDING LOW-INCOME EARNERS, RURAL COMMUNITIES, STARTUPS, PEOPLE WITH DISABILITIES, and OTHERS."

Money

Financial picture

Tax year 2024
Revenue$14,527,292
Expenses$14,283,162
Assets$69,204,204
Income$16,480,568
Contributions$5,043,051
Grants given$4,762,540
Average grant$13,378
Management$819,276
Executive compensation$891,260
Stocks and bonds$775,419
Accounting fees$108,235
Investing fees$16,874

About this charity

Recognized since
January 1995
Location
2000 ZEARING AVENUE NW, ALBUQUERQUE, NM 87104
County
Bernalillo
In care of
SUZETTE M LONGFELLOW
Primary officer
SUZETTE M LONGFELLOW, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Community Improvement & Capacity Building (S43B)
IRS tax category
Other Management Consulting Services
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
405000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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