Groundswell Capital
Donations deductibleGroundswell Capital's network
9 people6 organisationsi9 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). 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
9 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 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Amber Cordoba | Board Member | 2024 | 2 yrs |
| Angelo Torrelba | Company secretary | 2024 | 2 yrs |
| Anne Doughtery | Board Member | 2024 | 2 yrs |
| Dave Dicosola | Vice Chair | 2024 | 2 yrs |
| Mark Mansfield | Board Member | 2024 | 2 yrs |
| Miguel Cruz | Board Member | 2024 | 2 yrs |
| Ritesh Patel | Board Member | 2024 | 2 yrs |
| Rob Tull | Treasurer | 2024 | 2 yrs |
| Sandra Barton | Board Member | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 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 |
|---|---|---|
| Andrea Thompson | President | since 2023 |
Pay and hours
year to 30 June 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 |
|---|---|---|---|---|---|
| Andrea Thompson | President | 40 | $0 | $170k | $5k |
| Dave Dicosola | Vice-President | 1 | $0 | ||
| Rob Tull | Treasurer | 1 | $0 | ||
| Miguel Cruz | Board Member | 1 | $0 | ||
| Anne Dougherty | Board Member | 1 | $0 | ||
| Amber Cordoba | Board Member | 1 | $0 | ||
| Sandra Barton | Board Member | 1 | $0 | ||
| Mark Mansfield | Board Member | 1 | $0 | ||
| Ritesh Patel | Board Member | 1 | $0 | ||
| Angelo Torrealba | Board Member | 1 | $0 |
About
- Legal name
- Groundswell Capital
- EIN
- 861017490
- Address
- 600 S Meyer Avenue Unit 3, Tucson, AZ, 85701-2578
- State
- Arizona
- Mission
- Groundswell capital is an arizona-based 501(c)(3) nonprofit lender focused on creating innovative, blended capital solutions to tackle our communities' biggest challenges and invest in a vibrant, clean economy where all residents can prosper. (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 8 (IRS master file code)
- Formed
- 2001
- Principal officer
- Andrea Thompson (as named on the Form 990)
- IRS ruling date
- 1 July 2001
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 2, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Longest observed on the filings
≥3years on the filingsSandra Barton
≥2years on the filingsAmber Cordoba
≥2years on the filingsAngelo Torrelba
≥2years on the filingsAnne Doughtery
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $13.8m
- Total liabilities
- $11.5m
- Net assets or fund balances
- $2.3m
- Contributions and grants received
- $685k
- Program service revenue
- $120k
- Grants and similar paid out
- $234k
- Employees
- 0
- Volunteers
- 10
Grants paid
11 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 |
|---|---|---|
| Scented Leaf Tea House | Support small businesses and entrepreneurs within the rio nuevo district. | $25k |
| Dolce Pastello Cakes | Support small businesses and entrepreneurs within the rio nuevo district. | $20k |
| White File LLC | Support small businesses and entrepreneurs within the rio nuevo district. | $19k |
| Danny's Downtown Barber | Support small businesses and entrepreneurs within the rio nuevo district. | $15k |
| Urban Pita LLC | Support small businesses and entrepreneurs within the rio nuevo district. | $15k |
| Mestizo Studio | Support small businesses and entrepreneurs within the rio nuevo district. | $10k |
| Berry Greens Juice Bar | Geneal support | $10k |
| Sora Head Spa | Support small businesses and entrepreneurs within the rio nuevo district. | $10k |
| Bricks & Minifigs (Everything Is Awesome) | Support small businesses and entrepreneurs within the rio nuevo district. | $10k |
| 1972 Barber & Shave Parlor LLC | Support small businesses and entrepreneurs within the rio nuevo district. | $8k |
| Sumaj Bolivian Street Food | Support small businesses and entrepreneurs within the rio nuevo district. | $6k |