Development & Impact Associate
Company: Mill Cities Community Investments
Location: Lawrence, MA
Job Function: Fundraising
Mill Cities Community Investments (MCCI) bridges the capital access gap in low-to-moderate income communities and under-resourced populations in the Merrimack Valley and expanding across Massachusetts through a range of low-cost loan programs and small business training and technical assistance. MCCI’s products and services play an important role in supporting homeowners and business owners who have been historically denied access to mainstream sources of credit, and who have been increasingly targeted by high-priced or predatory loans, inhibiting their ability to build wealth. Our mission is to grow the assets and wealth of historically disinvested individuals and their communities by providing robust advice, resourced networks, and capital investment.
MCCI is a U.S. Treasury-certified Community Development Financial Institution (CDFI) and a state-certified Community Development Corporation (CDC). MCCI merged with the Foundation for Business Equity in September 2022, which focuses on supporting the growth of Black and Latinx growth businesses; the integration of these two organizations is intended to have significantly increased impact on the communities it serves.
The Development Associate’s primary responsibilities include grant writing (e.g., proposals), grant management, and progress tracking toward fundraising goals. The position will also support compliance activities, both related to funding (e.g., impact reporting) and to overall organizational reporting (e.g., annual CDFI certification). This position will report to the Development Team Lead and will require liaising with different departments across the organization, including the lending, technical assistance, and finance teams.
This position is a unique opportunity that sits at the intersection of community development, BIPOC financing, impact investing, and directly supporting the growth trajectory of a mission-driven organization.
Grant Writing (50%)
- Identify and review funding opportunities, including all requirements
- Coordinate proposal inputs with relevant team members
- Draft proposals with sufficient timelines for iteration, review, and on-time submission
- Liaise with funder where appropriate in relation to the funding opportunity (e.g., submitting questions or clarifications)
Grant Management (25%)
- Own process of tracking progress toward annual fundraising goals and support communication of this progress to leadership and team on frequent (e.g., weekly) basis
- Serve as primary source of information for all grants, including programs and financial requirements; own and drive coordination with the Programs, Compliance, and Finance teams as needed
- Manage data inputs of current and upcoming funding opportunities
- Own and drive coordination with the Programs, Compliance, and Finance teams on execution of existing donor contract deliverables (including both narrative and financial impact reports)
- Work with current organization compliance lead to learn annual certification, compliance, and reporting requirements, working toward eventual ownership of all CDFI Fund, CDC and other annual requirements
Required Skills & Experience:
- Interest and alignment with MCCI’s mission: “Grow the assets and wealth of historically disinvested individuals and their communities by providing a combination of robust advice, resourced networks and capital in the Merrimack Valley and across Massachusetts.”
- At least 3-5 years of relevant professional experience (ideally in fundraising/development, or in a similar role preferably at a nonprofit)
- Supreme organizational skills, including an ability to manage multiple activities (each with different requirements) at once
- Strong interpersonal skills and an ability to comfortably communicate and coordinate across different departments and with external stakeholders (e.g., funders)
- Excellent writing skills for drafting and editing proposals and impact reports
- Proficient computer skills, including Microsoft and Google programs (Word/Docs, Excel/Sheets, PPT/Slides)
- Familiarity with Salesforce, or an ability and willingness to learn efficient and accurate data entry of fundraising data
- Must be self-directed and able to work effectively from home while conducting almost all work meetings virtually
Highly desirable: Experience in fundraising, nonprofits, economic and community development, CDFIs, or small business operations.
Compensation and Benefits
Salary and Benefits: Salary will be based on experience, with an expected range of $55,000-$70,000. This is a full-time opportunity eligible for benefits. This position is eligible for insurance benefit coverage which includes medical, dental, vision, flexible spending, dependent care spending, long term disability, life insurance and access to an employee assistant program, along with a retirement plan option to enroll in with company contribution. In addition, there is a health reimbursement account to which the first half of the medical deductible will be paid by MCCI.
Vacation time will accrue at a rate of 4.61 hours per pay period up to 15 days annually. Sick time will accrue as per the state law up to 5 days per year. In addition, there are 13 holidays, throughout the year. MCCI pays for the week of December 25-January 1 to encourage time with friends and family. Hybrid work environment is available and can be discussed further with the hiring manager.
How to Apply
How to Apply: Email a resume and cover letter to firstname.lastname@example.org.