Alternatives Federal Credit Union

Ithaca, NY Doing business as Alternatives

UEI
KYFUKRZTJMR3
CAGE
333H3
Primary NAICS
Not on record
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Non-Profit Organization
  • Community Development Corporation
  • Community Development Corporation Owned Firm
Entity structure
Corporate Entity (Tax Exempt)
SAM.gov registration date
Physical address
125 N Fulton St, Ithaca, NY 14850, USA
Website
alternatives.org
Founded
1979
Employees
11-50
Estimated annual revenue
$1M-$10M
Industry
  1. Financials
  2. Banks
  3. Banking & Mortgages
SIC code
60 Depository Institutions
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Recent federal awards

Alternatives Federal Credit Union's 5 most recent federal contract and grant awards, newest first. Amounts are dollars obligated.
Award Agency Obligated Awarded
Purpose: to promote economic revitalization and community development through investment in and financial assistance… Grant · 241FA064906G Community Development Financial Institutions Fund $1,242,892
Cdfi rapid response program award Grant · 21RRP057559G Community Development Financial Institutions Fund $1,826,265
Financial assistance award Grant · 201FA054629G Community Development Financial Institutions Fund $557,000
Financial assistance award Grant · 171FA021646G Community Development Financial Institutions Fund $686,500
Capacity and growth Grant · 350004734 National Credit Union Administration $15,000

About Alternatives Federal Credit Union

Alternatives Federal Credit Union, located in Ithaca, New York, is a non-profit organization and community development corporation registered in SAM.gov since 2004. As a certified Community Development Financial Institution (CDFI), the credit union focuses on providing financial services, loans, investments, and technical assistance to underserved communities. The organization is dedicated to empowering local individuals and businesses by offering targeted financial products and support that address economic challenges in marginalized areas.

Through federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, Alternatives Federal Credit Union has received substantial funding to support community economic development initiatives. The most recent significant award is a $1,242,892 grant under the CDFI Program's Native American CDFI Assistance (NACA) Program, which runs from September 2024 through December 2027, aimed at creating jobs, building businesses, and fostering economic self-determination in Native American communities. Previously, the credit union received a $1,826,265 Rapid Response Program grant in 2021 to address economic impacts from the coronavirus pandemic, enabling them to provide financial products and services to members facing economic hardship. These grants demonstrate the organization's commitment to supporting community resilience, economic empowerment, and sustainable financial development in underserved regions through targeted financial assistance and capacity-building programs.

Quick answers

What is Alternatives Federal Credit Union's UEI?

Alternatives Federal Credit Union's Unique Entity ID (UEI) in SAM.gov is KYFUKRZTJMR3.

What is Alternatives Federal Credit Union's CAGE code?

Alternatives Federal Credit Union's CAGE code is 333H3.

Where is Alternatives Federal Credit Union located?

Alternatives Federal Credit Union's physical address in SAM.gov is 125 N Fulton St, Ithaca, NY 14850, USA.

Is Alternatives Federal Credit Union registered in SAM.gov?

Yes. Alternatives Federal Credit Union's SAM.gov registration is active through January 19, 2027.

What is Alternatives Federal Credit Union's most recent federal award?

Alternatives Federal Credit Union's most recent federal grant award is Purpose: to promote economic revitalization and community development through investment in and financial assistance… (241FA064906G), from Community Development Financial Institutions Fund, on September 26, 2024.

On GovTribe

See Alternatives Federal Credit Union's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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