How Much Did CCAP Raise?
Funding & Key Investors

CCAP, a cornerstone of Rhode Island social infrastructure, has successfully secured a total capital infusion of $4M to bolster its expansive service delivery model. This latest financial milestone, characterized by a $3M strategic investment, underscores the organization's critical role in providing essential support services to the state's most vulnerable populations. By leveraging these resources, the agency continues to solidify its operational capacity, ensuring that its multifaceted programs remain accessible to the thousands of residents who rely on its comprehensive care network annually.

What is CCAP?

CCAP
OrganizationsNon-Profit & Charitable OrganizationsHealthcare Services

As the largest nonprofit agency in Rhode Island, CCAP operates at the intersection of public health, social welfare, and community development. With a legacy spanning over six decades, the organization provides a robust suite of services, including primary medical and dental care, behavioral health counseling, housing stability assistance, and vocational training. By integrating these diverse offerings, CCAP functions as a vital enterprise-level entity that empowers low-income families to achieve long-term self-sufficiency. Its market position is defined by its scale, serving over 40,000 individuals annually through a sophisticated, mission-driven operational framework that addresses the root causes of economic instability.

How much funding has CCAP raised?

CCAP has raised a total of $4M across 2 funding rounds:

2020

Debt

$1M

2021

Grant

$3M

Debt (2020): $1M with participation from PPP

Grant (2021): $3M led by American Rescue Plan

Key Investors in CCAP

PPP

Public-Private Partnership

American Rescue Plan

A federal legislative framework providing significant grant funding to support public health, social services, and economic recovery efforts across the United States.

What's next for CCAP?

Looking ahead, the infusion of capital positions CCAP to scale its service delivery infrastructure and enhance the efficacy of its community-based programs. The organization is expected to prioritize the modernization of its health and dental facilities while expanding its job training initiatives to meet the evolving demands of the regional labor market. By maintaining a focus on sustainable growth and operational excellence, CCAP is well-equipped to navigate the complexities of the nonprofit sector, ensuring that its strategic objectives align with the shifting needs of the Rhode Island community. Future efforts will likely center on deepening the impact of its behavioral health services and strengthening the resilience of its housing assistance programs.

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Frequently Asked Questions Regarding CCAP Financial Insights

What are the most recent funding rounds that CCAP has completed, and what were the funding rounds?
CCAP has recently completed 2 funding rounds: Grant on Apr 1, 2021, Debt on Apr 27, 2020.
What is the total amount of funding CCAP has raised to date?
CCAP has raised a total of $4M in funding to date.
How many funding rounds has CCAP completed?
CCAP has completed 2 funding rounds.
How much funding did CCAP raise in its most recent funding round?
CCAP raised $3M in its most recent funding round.
Who are the lead investors in CCAP's latest funding round?
The lead investor in CCAP's latest funding round was American Rescue Plan. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CCAP's history?
The largest funding round in CCAP's history was $3M.
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