Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2003.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
18 people listed on the 990; $438K paid to officers and key staff (Part VII, Section A).
Ann Munroe’s $255K as President is at the 79th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Ann Munroe | $255,150 | $231,900 | $220,050 | $214,167 | $176,915 | $164,454 |
| Paulette Hudson | $182,520 | $169,000 | $153,750 | $149,250 | $131,144 | $126,184 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Capital Matrix INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes and assists business growth in Idaho, Eastern Oregon, Montana, and Eastern Washington.
Questions for Capital Matrix INC
Your first name shows with your question. Capital Matrix INC answers here, for everyone.
Furthered economic development in idaho, eastern counties of oregon, montana, washington and utah by advocating for businesses and partnering with private sector lenders to provide businesses with access to long-term capital for real estate and equipment to expand their businesses, principally small business, under provisions of section…
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0383661) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.7M | $2.9M |
| Land, buildings, equipmentLn 10c | $984K | $943K |
| Total assetsLn 16 | $3.9M | $4.0M |
| LiabilitiesLn 26 | $1.5M | $1.3M |
| Net assetsLn 32 | $2.4M | $2.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $94K | $94K | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $518K | $483K | $36K | |
| Other salaries and wagesLn 7 | $750K | $689K | $61K | |
| Pension plan contributionsLn 8 | $38K | $34K | $4K | |
| Other employee benefitsLn 9 | $255K | $244K | $11K | |
| Payroll taxesLn 10 | $108K | $97K | $11K | |
| Legal feesLn 11b | $1K | $1K | $126 | |
| Accounting feesLn 11c | $26K | $23K | $3K | |
| Advertising and promotionLn 12 | $61K | $61K | ||
| Office expensesLn 13 | $34K | $29K | $5K | |
| Information technologyLn 14 | $58K | $53K | $6K | |
| OccupancyLn 16 | $24K | $22K | $2K | |
| TravelLn 17 | $12K | $11K | $380 | |
| Conferences, conventions and meetingsLn 19 | $19K | $19K | ||
| InterestLn 20 | $16K | $15K | $2K | |
| Depreciation, depletion and amortizationLn 22 | $44K | $40K | $4K | |
| InsuranceLn 23 | $14K | $13K | $1K | |
| Other expenses (24a–d)Ln 24 | $76K | $74K | $3K | |
| Total functional expensesLn 25 | $2.1M | $2.0M | $168K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Feb 2, 2026 | $2.5M | $2.1M | $303K | $2.7M | 990 PDF |
| FY2024Filed with the IRS Jan 29, 2025 | $2.0M | $1.8M | $197K | $2.4M | 990 PDF |
| FY2023Filed with the IRS Feb 5, 2024 | $1.8M | $1.5M | $289K | $2.2M | 990 PDF |
| FY2022Filed with the IRS Apr 4, 2023 | $1.7M | $1.5M | $257K | $1.9M | 990 PDF |
| FY2021Filed with the IRS Feb 24, 2022 | $1.4M | $1.3M | $80K | $1.7M | 990 PDF |
| FY2020Filed with the IRS Feb 15, 2021 | $1.2M | $1.1M | $142K | $1.6M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $2,452,265 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, no flags
Part VIII · Statement of revenue $2,452,265 across 4 lines filed
Part IX · Statement of functional expenses $2,149,549 across 18 lines filed
Part X · Balance sheet $4,012,874 assets, 14 lines filed
Part XI · Reconciliation of net assets $2,717,252 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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