Community Improvement, Capacity Building

Corporation for Enterprise Development

  • Washington, DC
  • www.cfed.org

Mission Statement

The Corporation for Enterprise Development (CFED) is a national non-profit organization working to expand economic opportunity to low and moderate income Americans by helping them start and grow businesses, go to college, own a home and save for their family's economic futures. We identify promising ideas, test and refine them in communities to find out what works, craft policies and products to help good ideas reach scale, and develop partnerships to promote lasting change. We bring together community practice, public policy and private markets in new and effective ways to achieve greater economic impact.

Service Areas

Self-reported

National

ruling year

1980

President

Self-reported

Andrea S. Levere

Keywords

Self-reported

National, housing, education, children's savings accounts, entrepreneurship, advocacy, assets

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Also Known As

CFED

EIN

52-1141804

 Number

5461663823

Contact

Cause Area (NTEE Code)

Economic Development (S30)

Consumer Protection and Safety (W90)

Research Institutes and/or Public Policy Analysis (P05)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Service Areas

Self-reported

National

Social Media

Blog

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

CORPORATION FOR ENTERPRISE DEVELOPMENT
Fiscal year: Jan 01-Dec 31
Yes, financials were audited by an independent accountant.

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  • Board Chair and Board Members
  • Access to the GuideStar Community
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Operations

The people, governance practices, and partners that make the organization tick.

Corporation for Enterprise Development

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2013 and 2012
  • Board Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

President

Andrea S. Levere

BIO

Andrea Levere has led the Corporation for Enterprise Development (CFED) as its president since 2004. CFED is a private nonprofit organization with the mission of building assets and expanding economic opportunity for low-income people and disadvantaged communities through matched savings, entrepreneurship, and affordable housing.

Prior to joining CFED in 1992, she was a director with the National Development Council. At NDC, she was a lead trainer for the Economic Development Finance Certification Program and designed and conducted “Taking Care of Business,” a financial management program for entrepreneurs while also working with cities and states to structure financing for small businesses, affordable housing and urban development projects.

Ms. Levere served as chair of the board of the Ms. Foundation for Women from 2002-2005, after being on its board since 1998. Currently, she serves as the Chair of ROC USA (Resident Owned Communities USA), a national social venture that converts manufactured home parks into resident owned cooperatives. She is a member of the FDIC’s Committee on Economic Inclusion, Morgan Stanley’s Community Development Advisory Board and Capital One’s Community Advisory Council.

In 2013 President Obama appointed Ms. Levere to the National Cooperative Bank’s (NCB) Board of Directors. Originally chartered by Congress in 1978 to meet the financial needs of cooperatives throughout the country, NCB maintains three presidentially-appointed seats on its 15-person Board of Directors.

Ms. Levere holds a bachelor’s degree from Brown University and an MBA from Yale University. In 2001, she received the Alumni Recognition Award from the Yale School of Management and in 2008 was named to the inaugural class of its Donaldson Fellows Program, which recognizes alumni who help educate business and society leaders.

Governance

BOARD CHAIR

Bob Friedman

CFED

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?