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Organizations Community Improvement & Capacity Building Community Development Venture Capital Alliance

Community Development Venture Capital Alliance

Fiscal year ending 2024. Filed on November 13, 2025.

475 Riverside Drive 1264
New York, New York 10115

Community Development Venture Capital Alliance (EIN: 41-1800192) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Community Development Venture Capital Alliance, a 501(c)(3) charitable organization, reported compensation for 4 out of 14 total employees. Among the employees shown here, the average compensation is $259,888. The highest compensated employee at Community Development Venture Capital Alliance is Kerwin Tesdell with fiscal year 2024 compensation of $612,230.

Revenue, expenses, and employee compensation

Revenue

$7,456,147

Expenses

$2,778,050

Employee compensation

$1,841,310
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kerwin Tesdell
President
$612,230
$550,000 No related comp$62,230
Ernesto Villarini
Managing Director
$203,220
$185,135 No related comp$18,085
Alexandria Harris
Vice President
$155,770
$143,813 No related comp$11,957
Alan Bernstein
Treasurer / Managing Director
$68,333
$68,333 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Myrna Rivera
Director
Nathaniel Henshaw
Chair
Stanley Tucker
Director
Tom Loy
Director

Contractors

Novogradac & Company LLP
Accounting and Consulting
$211,500
Emd Consulting Group
Consulting
$118,125

Mission Statement

THE COMMUNITY DEVELOPMENT VENTURE CAPTIAL ALLIACE (CDVCA) IS THE NETWORK OF THE COMMUNITY DEVLEOPMENT VENTURE CAPTIAL INDUSTRY. CDVCA PROMOTES THE AVAILABILITY AND USE OF FLEXIBLE EQUITY RISK CAPITAL TO FUEL BUSINESSES GROWTH TO CREATE GOOD JOBS, PRODUCTIVE WEALTH, AND ENTREPRENEURIAL CAPACITY THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES. CDVCA IS THE NATIONAL NETWORK AND FIELD-BUILDING ORGANIZATION OF THE COMMUNITY DEVELOPMENT VENTURE CAPITAL INDUSTRY.

Revisions to this organization profile

November 13, 2025:
2024 Community Development Venture Capital Alliance 990 filed
November 6, 2024:
2023 Community Development Venture Capital Alliance 990 filed
November 14, 2023:
2022 Community Development Venture Capital Alliance 990 filed

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