Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 1 SE Main St #600, Minneapolis, MN 55414, USA
- Website
- propelnonprofits.org
- Founded
- 2009
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Diversified Financials
- Capital Markets
- Fundraising
- SIC code
- 83 Social Services
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Propel Nonprofits is a tax-exempt corporate entity based in Minneapolis, Minnesota, registered in SAM.gov since 2007, with a focus on community development financial institutions (CDFIs) and economic empowerment. As a non-profit organization, the entity specializes in providing financial and technical assistance to CDFIs, with a particular emphasis on supporting underserved and economically disadvantaged communities, including Native American populations. The organization works closely with the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) to deliver targeted financial resources and capacity-building support to community development organizations.
Through its federal grant awards, Propel Nonprofits has consistently received funding to support CDFIs in addressing economic challenges and promoting community development across various programs. The organization has been awarded multiple project grants, including the CDFI Equitable Recovery Program (ERP) with a $4,957,678 grant to help CDFIs expand lending and investment activities in low- and moderate-income communities impacted by COVID-19, and a $800,000 grant focused on investing in and building the capacity of Native CDFIs. These grants aim to create jobs, build businesses, and foster economic self-determination in underserved areas. The federal awards, totaling several million dollars, have supported programs designed to provide monetary awards, training opportunities, and technical assistance to CDFIs, with a specific focus on responding to economic challenges, supporting minority communities, and enabling organizational capacity building through resources for technology, staff, and other critical tools.
Quick answers
Is Propel Nonprofits registered in SAM.gov?
Yes. Propel Nonprofits's SAM.gov registration is active through November 5, 2027.
What is Propel Nonprofits's CAGE code?
Propel Nonprofits's CAGE code is 4VQS6, and its Unique Entity ID (UEI) is KUZ7JHCJYKT8.
What is Propel Nonprofits's most recent federal award?
Propel Nonprofits's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (241FA065549G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Propel Nonprofits's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors