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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services City First Enterprises Inc.

City First Enterprises Inc.

Fiscal year ending 2023. Filed on June 5, 2024.

1701 Rhode Island Ave NW 3-103
1000
Washington, District of Columbia 20036

City First Enterprises Inc. (EIN: 52-2101165) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, City First Enterprises Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 24 total employees. Among the employees shown here, the average compensation is $186,545. The highest compensated employee at City First Enterprises Inc. is Oswaldo Acosta with fiscal year 2023 compensation of $351,733.

Revenue, expenses, and employee compensation

Revenue

$21,464,449

Expenses

$20,222,093

Employee compensation

$2,635,404
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Oswaldo Acosta
President and Chief Executive Officer
$351,733
$351,733 No related compNo other comp
Rodrigo Cordon
Chief Operating Officer
$161,750
$161,750 No related compNo other comp
Jonathan Reyes
Chief Lending Officer
$142,988
$142,988 No related compNo other comp
Shanna McClearn
SR Director, Partnerships and Strategic Initiativ
$138,960
$138,960 No related compNo other comp
Stephanie Meyer
Chief Credit Officer
$137,294
$137,294 No related compNo other comp
David McGrady
Board Vice Chair
$0
Brian Argrett
Board Chair
$0
Chuck Muckenfuss
Secretary
$0
Dr William Longbrake
Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Amber Kuchar-Bell
Director
Annie Donovan
Director
Lori Chatman
Director
Priya Jayachandran
Director
Shannon Scott
Director

Mission Statement

CITY FIRST ENTERPRISES IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SPECIALIZING IN FLEXIBLE LENDING FOR AFFORDABLE HOUSING, COMMERCIAL REAL ESTATE, SMALL BUSINESSES, NON-PROFITS, CLEAN ENERGY, AND HOMEOWNERSHIP. WITH A MISSION TO CREATE EQUITABLE FINANCIAL SOLUTIONS TO SUPPORT PEOPLE AND COMMUNITIES IN ACHIEVING THEIR ECONOMIC ASPIRATIONS, WE ENVISION A FUTURE WHERE ALL PEOPLE AND COMMUNITIES TRANSFORM THEIR FUTURES THROUGH EQUITABLE ACCESS TO CAPITAL.

Revisions to this organization profile

May 29, 2025:
2024 City First Enterprises Inc. 990 filed
June 5, 2024:
2023 City First Enterprises Inc. 990 filed
July 26, 2023:
2022 City First Enterprises Inc. 990 filed

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