The Community Impact Fund
The Community Impact Fund is a 501(c)(3) nonprofit that operates a tech-enabled platform delivering 0% interest "Impact Loans" and financial education to ALICE individuals, distributed through partnerships with credit unions, employers, churches, and nonprofits.
- Company typePrivate
- Founded2018
- HeadquartersLittleton, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The Community Impact Fund does
The Community Impact Fund (CIF) is a 501(c)(3) nonprofit organization founded in January 2018 and headquartered in Greenwood Village, Colorado. CIF operates a tech-enabled platform that delivers 0% interest charitable "Impact Loans" to A.L.I.C.E. (Asset Limited Income Constrained Employed) individuals to bridge cash flow gaps and cover emergency expenses without accruing high-interest debt. The platform supports a fully automated, anonymous application-to-payoff workflow, including ACH disbursement within 1-3 business hours and automatic repayment collection, paired with a Savings Incentive Program that directs 10% of repayments into borrower emergency savings upon full payoff. CIF also offers financial education resources and integration with Giving Credit for credit profile building.
CIF distributes its product exclusively through organizational partnerships with credit unions, employers, churches, nonprofit organizations, and cities, which sponsor or launch their own Impact Loan funds. Revenue is generated through donations, community sponsorships, and partner organization launch/managed service fees. The organization is led by Founder Judah Musick (also Director of Financial Wellness at CBC Credit Union) and Executive Director Mike Scheid (joined January 2021), supported by a small team of 1-10 employees handling loan administration, partnerships, financial management, and member care. The company holds a GuideStar Platinum Transparency Seal and has named partnerships including ActivateWork, Apartment Life, Greater Vancouver Chamber, LIV Development, and Share it Forward.
The Community Impact Fund firmographics
Firmographics- Name
- The Community Impact Fund
- Legal name
- The Community Impact Fund
- Website
- https://communityimpactfund.org
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Community Impact Fund is a 501(c)(3) nonprofit that operates a tech-enabled platform delivering 0% interest "Impact Loans" and financial education to ALICE individuals, distributed through partnerships with credit unions, employers, churches, and nonprofits.
- Ownership category
- akta.pro rank
The Community Impact Fund industry classification
Industry- Product category
- Nonprofit Impact Lending
- NAICS
- Religious, Grantmaking, Civic, Professional, and Similar Organizations (813), Grantmaking and Giving Services (81321), Civic and Social Organizations (813410)
- SIC
- Personal Credit Institutions (6141), Loan Brokers (6163)
- akta.pro primary industry
- Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)
- akta.pro secondary industries
- Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building) (BPAGALAJ), Social Impact & Inclusive Finance Funds (FSANAJAH)
Keywords
Where The Community Impact Fund is headquartered
LocationHeadquarters
- HQ city
- Littleton
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
The Community Impact Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Donations: The organization accepts financial donations to support their mission and continue innovating and delivering scalable solutions to community financial wellness problems.
- Community Sponsorship: Organizations can set up and sponsor a Community Impact Fund for any entity they want to benefit - churches, schools, businesses, or favorite nonprofits.
- Partner Organization Launch Fees: Organizations that want to impact their employees, customers, or members can set up their own Impact Loan fund, creating a recurring funding relationship with CIF.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | 0% Interest Impact Loans for qualifying individuals through partner organizations |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
The Community Impact Fund product offering
Product offeringCore offering
The Community Impact Fund is a 501(c)(3) nonprofit that operates a tech-enabled platform delivering 0% interest charitable "Impact Loans" to A.L.I.C.E. (Asset Limited Income Constrained Employed) individuals. The organization partners with credit unions, employers, churches, nonprofits, and municipalities who establish their own branded Impact Fund; CIF then provides turnkey loan administration — from anonymous application processing and ACH disbursement to automatic repayment and impact measurement — while borrowers benefit from interest-free loans, flexible 12-month repayment, and an automatic savings incentive that builds emergency funds.
Product overview
The Community Impact Fund operates as a 501(c)(3) nonprofit organization providing a unified platform centered around Impact Loans — 0% interest charitable loans. The core offering is the Impact Loan Administration Platform, which delivers interest-free loans with flexible repayment options to help financially constrained individuals bridge cash flow. This is complemented by the Savings Incentive Program, where 10% of repayments help build emergency savings. The organization partners with employers, credit unions, churches, and nonprofits to deliver these financial wellness services, with technology that enables fully automated, anonymous loan processing. The company is headquartered in Greenwood Village, Colorado and was established in January 2018.
Differentiator
Problem solved
Functional benefit
Products and services
- Impact Loans 0% interest-free charitable loans provided to A.L.I.C.E. (Asset Limited Income Constrained Employed) individuals to bridge cash flow gaps and pay emergency expenses without accruing high-interest debt or extra fees. Loans are distributed through partner organizations (credit unions, employers, churches, nonprofits) and feature flexible 12-month repayment with the first payment deferred up to 45 days.
- Impact Loan Administration Platform A tech-enabled, fully automated white-label loan administration platform offered to partner organizations. It handles anonymous application processing, ACH disbursement within 1-3 business hours of approval, automatic monthly repayment debiting, impact measurement, and reporting. Each partner organization receives a branded loan portal.
Quantifiable outcome
- 42% of American households are ALICE households, providing a large addressable market
- +1 more outcomes
Companies that use The Community Impact Fund
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles6 records
The Community Impact Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
The Community Impact Fund partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- ActivateWorkcoreActivateWork is a current partner of The Community Impact Fund, offering Impact Loans to their community members as part of their workforce development programs.
- Apartment LifecoreApartment Life partners with CIF to provide Impact Loans to residents, helping address financial emergencies that can lead to housing instability.
- Greater Vancouver ChambercoreThe Greater Vancouver Chamber partners with CIF to bring financial wellness programs to businesses and their employees in the Vancouver/Portland area.
- Share it ForwardcoreShare it Forward is a current CIF partner utilizing Impact Loans as part of their mission to empower communities through financial assistance.
- LIV DevelopmentcoreLIV Development partners with CIF to offer Impact Loans as part of their employee wellness and community engagement programs.
Scale indicators1 record
Recent moves7 records
Expansion highlights5 records
The Community Impact Fund competitors and assessment
Company assessmentEmerging players
- Dave: Dave offers small-dollar cash advances and budgeting tools to underbanked consumers, partially overlapping with CIF's emergency liquidity use case. Unlike CIF, Dave is consumer-direct and charges optional fees rather than operating as a charitable 0% loan program.
- Earnin: Earnin is an earned-wage access app that lets workers access accrued wages before payday. It overlaps with CIF on the employer-channel cash-flow bridge use case, though it relies on tips rather than charitable funding.
- Brigit: Brigit provides cash advances, credit-building tools, and financial insights to underbanked consumers. It competes for the same ALICE borrower persona but is delivered as a direct-to-consumer subscription rather than through institutional partners.
Direct peers
- TrueConnect: TrueConnect provides small-dollar, interest-free employee loans as an employer-sponsored financial wellness benefit. It mirrors CIF's employer-channel, 0% interest, dignity-focused lending model and serves a similar ALICE-adjacent population.
- Possible Finance: Possible Finance offers small installment loans to underbanked consumers as an alternative to payday lenders. It targets the same ALICE demographic as CIF and competes for financial-wellness partnerships with employers and fintech platforms.
- HoneyBee: HoneyBee offers employer-integrated earned-wage and small loan products targeting hourly workers. Like CIF, it partners with employers and credit unions to provide immediate liquidity to ALICE households, and competes for the same institutional buyer.
- Kiva: Kiva operates a crowdfunding-based 0% interest microloan platform that funds small entrepreneurs and underserved borrowers worldwide. It is directly comparable to CIF as a charitable-loan model targeting financially excluded populations, although Kiva focuses on small-business rather than emergency consumer loans.
- PayActiv: PayActiv is an earned-wage access platform integrated with employers that gives workers early access to earned wages. It is a direct functional peer in the employer-channel financial wellness space CIF targets.
- Goalsetter: Goalsetter is a financial wellness and education platform targeting underbanked families, often distributed through employer and community partnerships. It is comparable to CIF on the mission, target demographic, and institutional channel approach.
Broad incumbents
- Sunrise Banks: Sunrise Banks is a CDFI bank offering inclusive consumer and small-business banking products. It serves the same underbanked demographic as CIF and competes for credit union and community partnership relationships, though as a regulated bank rather than a charitable loan program.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
The Community Impact Fund social profiles
Digital presenceThe Community Impact Fund compliance and trust
Trust signalCompliance2 records
The Community Impact Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Community Impact Fund leadership team
Management profileNumber of profiles
Profiles9 records
The Community Impact Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Community Impact Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Community Impact Fund
What does The Community Impact Fund do?
The Community Impact Fund is a 501(c)(3) nonprofit that operates a tech-enabled platform delivering 0% interest charitable "Impact Loans" to A.L.I.C.E. (Asset Limited Income Constrained Employed) individuals. The organization partners with credit unions, employers, churches, nonprofits, and municipalities who establish their own branded Impact Fund; CIF then provides turnkey loan administration — from anonymous application processing and ACH disbursement to automatic repayment and impact measurement — while borrowers benefit from interest-free loans, flexible 12-month repayment, and an automatic savings incentive that builds emergency funds.
Is The Community Impact Fund a public or private company?
The Community Impact Fund is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The Community Impact Fund founded?
The Community Impact Fund was founded in 2018. It employs 1 to 10 people.
Where is The Community Impact Fund based?
The Community Impact Fund is headquartered in Littleton, United States, in the North America region.
How does The Community Impact Fund make money?
Three revenue lines are on record. Donations are the primary driver. The others are community Sponsorship and partner Organization Launch Fees.
Who are The Community Impact Fund's main competitors?
Emerging players on record are Dave, Earnin and Brigit. Direct peers are TrueConnect, Possible Finance, HoneyBee, Kiva, PayActiv and Goalsetter. Sunrise Banks is listed as a broad incumbent.
Does The Community Impact Fund have an API?
No public API is recorded for The Community Impact Fund.
What industry is The Community Impact Fund in?
The Community Impact Fund's product category is Nonprofit Impact Lending. Its primary akta.pro industry code is BPAGALAA, Impact Investing & Social Finance (Funds, CDFIs, Microfinance), with a secondary code of BPAGALAJ, Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building). Its NAICS code is 813 and its SIC code is 6141.