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Organizations Community Improvement & Capacity Building Rising Tide Capital Inc. and Subsidiaries

Rising Tide Capital Inc. and Subsidiaries

Fiscal year ending 2024. Filed on November 14, 2025.

111 Town Square Pl Pmb 56701
Jersey City, New Jersey 07310

Rising Tide Capital Inc. and Subsidiaries (EIN: 11-3720098) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Rising Tide Capital Inc. and Subsidiaries, a 501(c)(3) charitable organization, reported compensation for 7 out of 40 total employees. Among the employees shown here, the average compensation is $234,791. The highest compensated employee at Rising Tide Capital Inc. and Subsidiaries is Alfa Demmellash with fiscal year 2024 compensation of $321,492. Rising Tide Capital Inc. and Subsidiaries changed its name from Rising Tide Capital Inc. in 2021.

Revenue, expenses, and employee compensation

Revenue

$5,538,016

Expenses

$7,615,065

Employee compensation

$4,703,469
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alfa Demmellash
Chief Executive Officer
$321,492
$267,500 No related comp$53,992
Alex Forrester
Chief Operating Officer
$304,835
$245,452 No related comp$59,383
Joynicole Martinez
Chief Advancement Officer
$267,835
$228,333 No related comp$39,502
Louisa Cousins
Senior Director of Analytics and Infor
$195,132
$147,009 No related comp$48,123
Kris van Nest
Executive Producer of Digital Learni
$188,335
$149,648 No related comp$38,687
Samira Cook
Managing Director of Strategic Partnerships
$187,580
$140,347 No related comp$47,233
Chris Breitenberg
Director - NPP
$178,326
$132,426 No related comp$45,900

Benchmark Employee Compensation

Non-Employee Board Members

Aicha Balla
Chair
Anand Devendran
Finance and Audit Committee Chairman
Andre Duggin
Board Member
Angelo Stracquatanio
Board Member
Jeffrey Robinson
Board Member
Joe Masterson
VICE Chair and Secretary of the Board
Kiran Handa Guadioso
Board Member
Kristen Sharp
Board Member
Maurice Kuykendoll
Treasurer
Preston Pinkett
Board Member

Contractors

Yoh
Consulting for Sales Force
$277,560
Poc Collaborative Community Resource Cen
Stand Together Pass Through Grant to Poc
$275,000
Consilience LLC
Future Tide Partners Onsulting
$167,300
Liria Partners LLC
Training and Content Development With Nati
$164,892
Peacock Printing & Graphics LLC
Printing and Publications
$101,672

Mission Statement

OUR MISSION IS TRANSFORMING LIVES AND COMMUNITIES THROUGH ENTREPRENEURSHIP. WE ASSIST ENTREPRENEURS IN ECONOMICALLY MARGINALIZED COMMUNITIES TO BUILD LASTING BUSINESSES. OUR VISION IS TO BUILD INCLUSIVE COMMUNITIES OF RESILIENT ENTREPRENEURS CATALYZING A THRIVING AND SUSTAINABLE ECONOMY FOR ALL. THROUGH OUR SIGNATURE PROGRAMS, THE COMMUNITY BUSINESS ACADEMY (CBA), BUSINESS ACCELERATION SERVICES (BAS), AND CREDIT TO CAPITAL (C2C), WE PROVIDE HOLISTIC TECHNICAL ASSISTANCE, ACCESS TO CAPITAL THROUGH PARTNERS AND BUSINESS MANAGEMENT EDUCATION AND COACHING. CBA IS A COLLEGE-ACCREDITED COURSE PROVIDING BASIC SKILLS NEEDED TO MANAGE AND STRENGTHEN A BUSINESS. CLASSES ARE OFFERED IN ENGLISH AND SPANISH, TAILORED TO MEET VARIED IDENTITIES AND EDUCATIONAL LEVELS. AS PART OF BAS, OUR SUBJECT MATTER EXPERTS PREPARE ENTREPRENEURS FOR GROWTH. OUR C2C PROGRAM PROVIDES ACCESS TO FINANCING FROM VETTED CDFIS. WITH A NETWORK OF PARTNERS, RTC LICENSES ITS PROVEN MODEL TO SCALE IMPACT IN MORE COMMUNITIES

Revisions to this organization profile

November 14, 2025:
2024 Rising Tide Capital Inc. and Subsidiaries 990 filed
November 15, 2024:
2023 Rising Tide Capital Inc. and Subsidiaries 990 filed
April 5, 2024:
Amended (originally filed November 15, 2023)2022 Rising Tide Capital Inc. and Subsidiaries 990 filed

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