COMMUNITY BUSINESS PARTNERSHIP INC

SPRINGFIELD, VA | Fairfax County
Economic Development

Overview

COMMUNITY BUSINESS PARTNERSHIP INC
54-1760384
6564 LOISDALE CT STE 600
SPRINGFIELD, VA 22150
Fairfax County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
A99

A - Arts, Culture and Humanities

Arts, Culture and Humanities N.E.C.

Organizations that provide arts and humanities services or products not covered by other categories.

IRS Activity Codes info
123
Discussion groups, forums, panels lectures, etc.
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
710000
Arts, Entertainment, and Recreation

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
8/29/2016
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $997,000 CDFI Rapid Response Program (COVID-19) open_in_new Community Business Partnership
2014 $121,470 CDFI Technical Assistance open_in_new Community Business Partnership
2021 $125,000 CDFI Technical Assistance open_in_new Community Business Partnership
2022 $100,899 Small Dollar Loan Program open_in_new Community Business Partnership

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1.2M
Revenue
$1.2M
Assets
$4.5M

IRS Business Master File Details info

As of August 2024
Exempt Ruling Date info
1997-02
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of August 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-06
Tax period ending in
2021-06
Tax period ending in
2020-06
Tax period ending in
2019-06
Tax period ending in
2018-06
Tax period ending in
2017-06
Tax period ending in
2016-06

Nonprofit Location

Physical Address info
6564 LOISDALE CT STE 600
SPRINGFIELD, VA 22150
Fairfax County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
47894
MSA/MD info
51
State info
059
County info
4210.02
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
47900 - Washington-Arlington-Alexandria, DC-VA-MD-WV
Combined Statistical Area info
548 - Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Metropolitan Division info
47894 - Washington-Arlington-Alexandria, DC-VA-MD-WV
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 67.03%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
4210.02 Fairfax County
Population
Total Population 5,348 1,145,354
Total Households 2,030 410,844
Income
Median Income* $106,957 $145,165
Median Family Income (2024 FFIEC est.) $164,200 $164,200
Tract Income Percentage 78.76% N/A
Below Poverty Level 4.4% 6.0%
Unemployment Level 3.8% 4.1%
Housing
Total Housing Units 2,132 426,970
Total Owner-Occupied Units 46.0% 68.6%
Total Renter-Occupied Units 49.2% 31.4%
Total Vacant Units 4.8% 4.6%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

9
Total Voting Members
in Governing Body
info
8
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Robert Lemay
(703) 768-1440
Principal Officer info
Robert Lemay
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.