GREAT RIVERS COMMUNITY TRUST | THE EBA FUND

SAINT LOUIS, MO | St. Louis city
Economic Development

Overview

GREAT RIVERS COMMUNITY TRUST | THE EBA FUND
43-1925293
1023 N GRAND BLVD
SAINT LOUIS, MO 63106
St. Louis city
(407) 405-6292

chelsea@ebafund.org
Mission Statement info

THE MISSION OF EBA FUND IS TO INCREASE THE FLOW OF CAPITAL TO LMI ENTREPRENEURS AND BUSINESS OWNERS OF COLOR BY STRENGTHENING THE FINANCIAL POSITION OF CDFI MICROLENDERS THROUGH THE CREATION AND ONGOING DEVELOPMENT OF A SECONDARY MARKET FOR CDFI MICROLOANS. CDFI MICROLENDERS PLAY A PIVOTAL ROLE IN SERVING UNDER-FINANCED SMALL BUSINESSES, ESPECIALLY THOSE LED BY PEOPLE OF COLOR AND WOMEN. EBA FUND IS DRIVEN BY THREE KEY OBJECTIVES: HELP THE STRONGEST MICROLENDERS GROW, STRENGTHEN INCENTIVES FOR CDFIS TO ENTER THE MICROLENDING MARKET OR EXPAND THEIR MICROLENDING PORTFOLIOS, AND ENSURE THAT CDFI MICROLENDERS ARE POSITIONED TO STEP INTO THE CAPITAL GAPS CREATED DURING RECESSIONARY ENVIRONMENTS.

Founded info
2001
Total Employees info
0
Total Volunteers info
0
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Targeted Clients info
  • Economically Disadvantaged
  • Entrepreneurs
  • Minority Populations
  • Small Businesses
  • Women’s Interest & Causes
Nonprofit Classification (NTEE Code) info
B99

B - Educational Institutions

Education N.E.C.

Use this code for organizations that clearly provide education services where the major purpose is unclear cannot be accurately assigned.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
611000
Elementary and Secondary Schools
Primary Focus info
Community Development & Capacity Building

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2019
$916,000
CDFI Financial Assistance
2018
$1,125,000
CDFI Financial Assistance
2017
$1,006,905
CDFI Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$0
Revenue
$0
Assets
$0
Exempt Ruling Date info
2001-09
Deductibility Status info
Deductible
Tax Filing Year info
2016
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
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 Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1023 N GRAND BLVD
SAINT LOUIS, MO 63106
St. Louis city
FIPS Geocoded Address info
41180
MSA/CBSA info
29
State info
510
County info
1111.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
St. Louis, MO-IL
Combined Statistical Area info
St. Louis-St. Charles-Farmington, MO-IL
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 97.02%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
1111.00 St. Louis city
Population
Total Population 1,814 308,174
Total Households 617 141,952
Income
Median Family Income (Census*) $27,222 $43,896
Median Family Income (2019 FFIEC) $81,200 N/A
Tract Income Percentage 38.49% N/A
Below Poverty Level 53.3% 21.8%
Unemployment Level 41.9% 7%
Housing
Total Housing Units 928 176,729
Total Owner-Occupied Units 26.4% 43.7%
Total Renter-Occupied Units 40.1% 56.3%
Total Vacant Units 33.5% 11.8%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

8
Total Voting Members
in Governing Body
info
8
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Robert Boyle
CEO
(314) 533-2411
Principal Officer info
Robert Boyle
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower 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

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. 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 www.learncra.com.