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CALVERT IMPACT INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CALVERT IMPACT INC (EIN 86-3134806)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202523219349301122
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T06:27:21-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521446779PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON LAMBERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14242 SIX FORKS ROAD SUITE 1500AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27609ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN863134806EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CALVERT IMPACT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCALVBusinessNameControlTxt
Phone8002480337PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17550 WISCONSIN AVENUE 8TH FLOORAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEREK STROCHERPersonNm
Person TitleCFOPersonTitleTxt
Phone8002480337PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ CALVIN MARKSPreparerPersonNm
PTINP01226973PTIN
Phone9197196400PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJENNIFER PRYCEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17550 WISCONSIN AVENUE 8TH FLOORAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,342,994GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CALVERTIMPACT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionCALVERT IMPACT, INC. WORKS FOR THE BENEFIT OF UNDERSERVED COMMUNITIES AND INDIVIDUALS AND TO ACHIEVE A MORE EQUITABLE AND SUSTAINABLE WORLD BY CREATING, TRANSFORMING AND EXPANDING MARKETS THROUGH INVESTMENT ACTIVITIES AND CAPACITY BUILDING IN FURTHERANCE OF SUCH GOALS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee46TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,000,000PYContributionsGrantsAmt
CY Contributions Grants$4,399CYContributionsGrantsAmt
PY Program Service Revenue$1,728,908PYProgramServiceRevenueAmt
CY Program Service Revenue$3,325,556CYProgramServiceRevenueAmt
PY Investment Income$340,816PYInvestmentIncomeAmt
CY Investment Income$4,722,609CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$290,430CYOtherRevenueAmt
PY Total Revenue$9,069,724PYTotalRevenueAmt
CY Total Revenue$8,342,994CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,446,578PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,722,923CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$158,041CYTotalFundraisingExpenseAmt
PY Other Expenses$4,442,112PYOtherExpensesAmt
CY Other Expenses$7,165,542CYOtherExpensesAmt
PY Total Expenses$5,888,690PYTotalExpensesAmt
CY Total Expenses$8,888,465CYTotalExpensesAmt
PY Revenues Less Expenses$3,181,034PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$545,471CYRevenuesLessExpensesAmt
Total Assets BOY$53,089,625TotalAssetsBOYAmt
Total Assets EOY$101,838,581TotalAssetsEOYAmt
Total Liabilities BOY$36,724,619TotalLiabilitiesBOYAmt
Total Liabilities EOY$87,031,689TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,365,006NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,806,892NetAssetsOrFundBalancesEOYAmt
MissionCALVERT IMPACT, INC. WORKS FOR THE BENEFIT OF UNDERSERVED COMMUNITIES AND INDIVIDUALS AND TO ACHIEVE A MORE EQUITABLE AND SUSTAINABLE WORLD BY CREATING, TRANSFORMING AND EXPANDING MARKETS THROUGH INVESTMENT ACTIVITIES AND CAPACITY BUILDING IN FURTHERANCE OF SUCH GOALS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,442,490ExpenseAmt
Revenue$3,325,556RevenueAmt
DescCOMMUNITY INVESTMENT NOTE: CALVERT IMPACT CAPITAL REMAINS DEDICATED TO MAKING IMPACT INVESTABLE THROUGH PRODUCTS AND SERVICES THAT CHANGE THE WORLD.Desc
Total Program Service Expenses$7,442,490TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee46EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DEREK STROCHERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8002480337PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17550 WISCONSIN AVENUE 8TH FLOORAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JENNIFER PRYCE
PRESIDENT & CEO20.0020.00Yes (X)$332,077$332,078$56,976
DEREK STROCHER
CHIEF FINANCIAL OFFICER20.0020.00Yes (X)$231,628$231,628$56,976
BART HARVEY
CHAIR1.00Yes (X)$0$0$0Yes (X)
ANDREW MARINO
VICE CHAIR (INCOMING)1.00Yes (X)$0$0$0Yes (X)
GEORGINA BAKER
DIRECTOR (INCOMING)1.00$0$0$0Yes (X)
ARON BETRU
DIRECTOR (INCOMING)1.00$0$0$0Yes (X)
DEBORAH DURAND
DIRECTOR (INCOMING)1.00$0$0$0Yes (X)
GRACE EDDY
DIRECTOR (INCOMING)1.00$0$0$0Yes (X)
MARIO ESPINOSA
DIRECTOR1.00$0$0$0Yes (X)
DR JENNIFER ISERN
DIRECTOR1.00$0$0$0Yes (X)
PHIL KIRSHMAN
DIRECTOR1.00$0$0$0Yes (X)
ELIZA PEPPER
DIRECTOR (INCOMING)1.00$0$0$0Yes (X)
DECKER ROLPH
DIRECTOR1.00$0$0$0Yes (X)
KATHY STEARNS
DIRECTOR1.00$0$0$0Yes (X)
FERN THOMAS
DIRECTOR (INCOMING)1.00$0$0$0Yes (X)
JAIME YORDAN
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$563,705TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$563,706TotReportableCompRltdOrgAmt
Total Other Compensation$113,952TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MORGAN LEWIS & BOCKIUS LLP
PO BOX 8500 S-6050PHILADELPHIAPA19178LEGAL SERVICES$926,679
WIPFLI LLP
PO BOX 3160MILWAUKEEWI53201IT SERVICES$400,675
PACE EQUITY LLC
555 E WELL STSTE 1510MILWAUKEEWI53202SENIOR SUBSERVICING FEE$174,374
WARNER NORCROSS & JUDD LLP
150 OTTAWA AVENUE NW SUITE 1500GRAND RAPIDSMN49503LEGAL SERVICES$152,629
BF SAUL INSURANCE AGENCY OF MD INC
7501 WISCONSIN AVE SUITE 1500EBETHESDAMD20814INSURANCE$152,446
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
All Other Contributions$4,399AllOtherContributionsAmt
Total Contributions$4,399TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFEE INCOMEDesc
Business900099BusinessCd
Total Revenue Column$3,325,556TotalRevenueColumnAmt
Related Or Exempt Func Income$3,325,556RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,325,556TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,722,609TotalRevenueColumnAmt
Exclusion$4,722,609ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$290,430TotalRevenueColumnAmt
Exclusion$290,430ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$290,430OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,342,994TotalRevenueColumnAmt
Related Or Exempt Func Income$3,325,556RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$5,013,039ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$620,681TotalAmt
Program Services$456,842ProgramServicesAmt
Management And General$134,607ManagementAndGeneralAmt
Fundraising$29,232FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,102,242TotalAmt
Program Services$811,287ProgramServicesAmt
Management And General$239,044ManagementAndGeneralAmt
Fundraising$51,911FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$624,913TotalAmt
Program Services$386,242ProgramServicesAmt
Management And General$230,880ManagementAndGeneralAmt
Fundraising$7,791FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$292,545TotalAmt
Program Services$180,814ProgramServicesAmt
Management And General$108,083ManagementAndGeneralAmt
Fundraising$3,648FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$631,007TotalAmt
Program Services$480,364ProgramServicesAmt
Management And General$135,045ManagementAndGeneralAmt
Fundraising$15,598FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$83,493TotalAmt
Program Services$83,437ProgramServicesAmt
Management And General$28ManagementAndGeneralAmt
Fundraising$28FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,667,013TotalAmt
Program Services$1,498,879ProgramServicesAmt
Management And General$155,288ManagementAndGeneralAmt
Fundraising$12,846FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$9,801TotalAmt
Program Services$6,058ProgramServicesAmt
Management And General$3,621ManagementAndGeneralAmt
Fundraising$122FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,554TotalAmt
Program Services$12,776ProgramServicesAmt
Management And General$2,500ManagementAndGeneralAmt
Fundraising$278FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$191,688TotalAmt
Program Services$101,745ProgramServicesAmt
Management And General$74,426ManagementAndGeneralAmt
Fundraising$15,517FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$62,730TotalAmt
Program Services$22,984ProgramServicesAmt
Management And General$38,109ManagementAndGeneralAmt
Fundraising$1,637FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,413,393TotalAmt
Program Services$1,390,971ProgramServicesAmt
Management And General$11,211ManagementAndGeneralAmt
Fundraising$11,211FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$96,659TotalAmt
Program Services$33ProgramServicesAmt
Management And General$96,626ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROVISION FOR LOAN LOSS$1,498,843$1,498,843
REGISTRATIONS & COMPLIA$455,276$410,901$41,459$2,916
DUES & SUBSCRIPTIONS$120,177$100,314$14,557$5,306
TAXES & LICENSES$2,450$2,450

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,888,465TotalAmt
Program Services$7,442,490ProgramServicesAmt
Management And General$1,287,934ManagementAndGeneralAmt
Fundraising$158,041FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$33,170,220BOYAmt
EOY$57,760,566EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,343,547BOYAmt
EOY$4,816,912EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$76,819BOYAmt
EOY$881,752EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$9,313,897BOYAmt
EOY$30,364,815EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$135,671EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$384,615BOYAmt
EOY$327,314EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$800,527BOYAmt
EOY$7,551,551EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$53,089,625BOYAmt
EOY$101,838,581EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,045,027BOYAmt
EOY$2,257,104EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,951,765BOYAmt
EOY$1,285,110EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$18,245,905EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$30,727,827BOYAmt
EOY$65,243,570EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$36,724,619BOYAmt
EOY$87,031,689EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$16,365,006BOYAmt
EOY$14,806,892EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,365,006BOYAmt
EOY$14,806,892EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$53,089,625BOYAmt
EOY$101,838,581EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$545,471ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$1,012,643PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$3,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$4,399CurrentTaxYearAmt
Total$10,004,399TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$3,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$4,399CurrentTaxYearAmt
Total$10,004,399TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$10,004,399PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$340,816CurrentTaxYearMinus1YearAmt
Current Tax Year$4,722,609CurrentTaxYearAmt
Total$5,063,425TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$290,430CurrentTaxYearAmt
Total$290,430TotalAmt
FieldValueIRS element (for citing)
Total Support$15,358,254TotalSupportAmt
Gross Receipts Rltd Activities$5,054,464GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
PROJECT ASSETS$4,378,336
DUE FROM AFFILIATES$3,173,215
FieldValueIRS element (for citing)
Total Book Value Other Assets$7,551,551TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
AFFILIATE NOTES PAYABLE$64,014,878
DUE TO AFFILIATE$1,228,692
FieldValueIRS element (for citing)
Total Liability$65,243,570TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT HAS CONCLUDED THAT THE COMPANY. HAS MAINTAINED ITS EXEMPT STATUS AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JENNIFER PRYCE
PRESIDENT & CEO$266,707$266,707$65,370$65,371$0$0$13,800$13,800$14,688$14,688$360,565$360,566$0$0
DEREK STROCHER
CHIEF FINANCIAL OFFICER$194,128$194,128$37,500$37,500$0$0$13,800$13,800$14,688$14,688$260,116$260,116$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PROVIDED TO MANAGEMENT MEMBERS FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICTS OF INTEREST ARE MONITORED BY THE LEGAL AND COMPLIANCE TEAM. THE CONFLICT OF INTEREST POLICY IS APPROVED BY THE BOARD OF DIRECTORS. CONFLICTS DISCLOSURES ARE REPORTED AT LEAST ANNUALLY BY ALL DIRECTORS AND OFFICERS TO THE LEGAL AND COMPLIANCE TEAM. IF A CONFLICT ARISES, THE CONFLICTED INDIVIDUAL WILL RECUSE THEMSELVES FROM VOTING ON THE MATTER THAT APPLIES TO THE CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15TO SET THE COMPENSATION OF TOP MANAGEMENT, WE HAVE RELIED ON COMPENSATION SURVEYS THAT HAVE BEEN PERFORMED BY SIMILAR ORGANIZATIONS. ALSO, WE REVIEW THE 990S AS POSTED BY GUIDESTAR TO REVIEW WHAT OTHERS ARE EARNING IN SIMILAR POSITIONS. THERE IS NO EXACT COMPARABLE COMPANY FOR CALVERT IMPACT CAPITAL SO WE CONSIDER WHAT OTHERS ARE MAKING AND ADJUST ACCORDINGLY. AS FOR THE PRESIDENT & CEO, THIS COMPENSATION IS SET BY THE COMPENSATION COMMITTEE AND IT IS INFORMED BY THE SAME INFORMATION COLLECTED ABOVE. PRESIDENT & CEO COMPENSATION WAS LAST REVIEWED IN JANUARY 2025.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CALVERT IMPACT SMALL BUSINESS LLC
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814920703071INVESTMENT MANAGEMENTDE$5,302,693$93,349,999CALVERT IMPACT INC
CALVERT IMPACT ADVISORY SERVICES LLC
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814922350982INVESTMENT MANAGEMENTDE$1,429,399$667,088CALVERT IMPACT INC
CALVERT IMPACT MDBF LLC
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814933499338INVESTMENT MANAGEMENTDE$2,521$386,702CALVERT IMPACT INC
CALVERT IMPACT OTOF LLC
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814934222556INVESTMENT MANAGEMENTDE$325,379$2,539,668CALVERT IMPACT INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
CALVERT IMPACT CAPITAL INC
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814521591398INVESTMENT MANAGEMENTMD501(C)(3)LINE 7N/A0
CALVERT IMPACT CLIMATE INC
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814870984253INVESTMENT MANAGEMENTDE501(C)(3)LINE 10N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
EQUITY FOR IMPACT LP
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814814385108INVESTMENT MANAGEMENTDEN/A00
FPIF FEEDER FACILITY LP
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814474690149INVESTMENT MANAGEMENTDEN/A00
IMPACTASSETS FUNDED GUARANTEE
7550 WISCONSIN AVENUE 8TH FLOORBESTHESDAMD20814814369255INVESTMENT MANAGEMENTDEN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY INVESTMENT PARTNERS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17550 WISCONSIN AVENUE 8TH FLOORAddressLine1Txt
CityBESTHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
EIN272461977EIN
Primary ActivitiesPROMOTION OF COMMUNITY INVESTMENTPrimaryActivitiesTxt
Legal Domicile StateMDLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd