City First Enterprises Inc
Donations deductibleRevenue
$9.7m
year to 31 December 2025
Expenses
$9m
year to 31 December 2025
Total assets
$86.3m
$54.8m liabilities
Net assets
$31.6m
assets less liabilities
Directors and trustees
6
3.4y av
Staff
22
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
16
named in Part VII
City First Enterprises Inc's network
6 people2 organisationsi6 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 11 voting members of its governing body on its latest Form 990 Part VI; we list 6 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Amber Kucher Bell | Director | 2024 | 2 yrs |
| Chuck Muckenfuss | Director | 2024 | 2 yrs |
| Dr William Longbrake | Director | 2024 | 2 yrs |
| Estrella Lucero | Director | 2024 | 2 yrs |
| Lori Chatman | Director | 2021 | 5 yrs |
| Priya Jayachandran | Director | 2021 | 5 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
16 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Brian Argrett | Chairman of the Board | since 2018 |
| Chuck Muckenfuss | Company secretary | since 2018 |
| David McGrady | Vice-Chairman of the Board | since 2018 |
| Dr William Longbrake | Treasurer | since 2020 |
| Jim Steck | Chief Lending Officer | 2019 |
| Jonathan Reyes | Loan Officer | since 2021 |
| Mark Kaufman | President | 2018 |
| Mary Ann Donovan | Company secretary | 2024 |
| Oswaldo Acosta | President and Chief Executive Officer | since 2019 |
| Robin Halsband | Senior Vice President | 2018 |
| Rodrigo Cordon | Portfolio Operations Director | since 2020 |
| Shanna McClearn | Sr. Director, Partnerships and Strategic Initiativ | since 2022 |
| Shannon Scott | Treasurer | 2024 |
| Sharon Feuer Gruber | Director Partnership & Development | 2021 |
| Stephanie Meyer | Chief Credit Officer | since 2021 |
| William Longbrake | Treasurer | since 2018 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Oswaldo Acosta | President and CEO | 36 | $419k | ||
| Rodrigo Cordon | Chief Operating Officer | 40 | $234k | ||
| Jonathan Reyes | Chief Lending Officer | 40 | $213k | ||
| Stephanie Meyer | Chief Credit Officer | 40 | $159k | ||
| Arisa Koyama | Director of Impact | 40 | $153k | ||
| David McGrady | Director | 1 | $0 | ||
| Dr William Longbrake | Director | 1 | $0 | ||
| Priya Jayachandran | Director | 1 | $0 | ||
| Lori Chatman | Director | 1 | $0 | ||
| Amber Bell | Director | 1 | $0 | ||
| Estrella Lucero | Director | 1 | $0 | ||
| Munevver Yolas | Director | 1 | $0 | ||
| Brian Argrett | Chair of the Board | 1 | $0 | ||
| Shannon Scott | Vice-Chair of the Board & Treasurer | 1 | $0 | ||
| Mary Ann Donovan | Secretary | 1 | $0 |
About
- Legal name
- City First Enterprises Inc
- EIN
- 522101165
- Address
- 1701 Rhode Island Ave Nw 3-103, Washington, DC, 20036-3001
- State
- District of Columbia
- Mission
- 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... (as filed on the Form 990)
- Activity (NTEE)
- P20 Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 9 (IRS master file code)
- Formed
- 1998
- Principal officer
- Oswaldo Acosta (as named on the Form 990)
- IRS ruling date
- 1 July 1998
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥5years on the filingsLori Chatman
≥5years on the filingsPriya Jayachandran
≥2years on the filingsAmber Kucher Bell
≥2years on the filingsChuck Muckenfuss
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $86.3m
- Total liabilities
- $54.8m
- Net assets or fund balances
- $31.6m
- Contributions and grants received
- $4.9m
- Program service revenue
- $0
- Grants and similar paid out
- $769k
- Employees
- 22
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $15.3m | $12.1m | $3.2m |
As filed on the IRS Form 990. US dollars.
Grants paid
2 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| 1847 Property LLC | Support for equity impact enterprises | $500k |
| Smart Choices LLC | Support for equity impact enterprises | $269k |
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.City First Enterprises Inc likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: DC Department of Licensing and Consumer Protection (DLCP), corporate registrations (opendata.dc.gov). Licence: CC BY 4.0. Attribution: DC DLCP. Data last fetched 18 October 2026.
- State
- District of Columbia
- Entity type
- Domestic Nonprofit Corporation
- Status
- Active - In Good Standing
- Formed
- 24 April 1998
- Registered agent
- Incorp Services, Inc. (city and state not held)