For Second Straight Year, Ellis Carr of Momentus Capital Named to the Washington Business Journal’s “Power 100”
October 30, 2024 (Arlington, VA/San Diego, CA) – Ellis Carr, the president and CEO of Capital Impact Partners and CDC Small Business Finance, part of the Momentus Capital branded family of organizations, has been named to the Washington Business Journal’s annual Power 100 list for the second straight year.
“The nation’s capital is a magnet for power. But look beyond the corridors of Congress and the White House: Some of the most powerful business leaders in the country are based in Greater Washington,” wrote the Washington Business Journal.
Mr. Carr was one of 20 business leaders featured in the “Innovators” section.
The Washington Business Journal spotlighted how, under Mr. Carr’s leadership, the Momentus Capital branded family of organizations — which includes Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital, Momentus Securities (an SEC-registered broker-dealer and FINRA/MSRB/SIPC member), and Ventures Lending Technologies — provides equitable capital.
It also spotlighted some of Mr. Carr’s other leadership roles: He also serves as a board member and treasurer of the Marguerite Casey Foundation, board member for the Expanding Black Business Credit Initiative, and board member and treasurer for the Housing Partnership Network, and is on Morgan Stanley’s Community Development Advisory Board.
Mr. Carr has been the president and CEO of Capital Impact Partners since 2016 and was also named the president and CEO of CDC Small Business Finance in 2021. In 2022, Mr. Carr oversaw the launch of the Momentus Capital branded family of organizations.
“This recognition truly belongs to the talented team members throughout the Momentus Capital branded family of organizations,” said Mr. Carr. “We continue to seek out innovative ways of providing a continuum of capital — financial capital, social capital and knowledge capital — that small business owners, real estate developers and the communities they serve need in order to grow and thrive.”
Momentus Capital works in several geographic focus areas, including the Washington D.C. metro area. In 2023, Momentus Capital deployed more than $531 million in financial capital nationwide, which:
- Served 627 small businesses and real estate developers
- Created or preserved 5,700 jobs
- Created or preserved 1,628 affordable housing units
- Funded educational facilities and businesses serving a total of 948 students
- Funded health care facilities and businesses serving a total of 57,807 patients
- Funded healthy food businesses providing an estimated 424,000 people with expanded access to food
This is the latest recognition for the Momentus Capital branded family of organizations:
- Momentus Capital was named the #3 large-sized nonprofit to work for, and the #17 overall, by The NonProfit Times in its 2024 awards.
- Team member Matthew Wehland was honored in the San Diego Business Journal’s LGBTQ+ Leaders of Influence in 2024 (PDF).
- Capital Impact Partners was honored by the Novogradac Journal of Tax Credits with its 2024 Real Estate QLICI of the Year award — which recognizes investments in the development, management or leasing of real estate — for its work with Whitman-Walker’s Max Robinson Center in Washington, D.C.
- Team member Tony Barengo was honored in the San Diego Business Journal’s Leaders of Influence in Commercial Real Estate awards in 2024 (PDF).
- Team member Susan Lamping was named to the San Diego Business Journal’s Women of Influence 50 Over 50 list in 2024.
- Team member Melissa Stallings won the “Diversity in Business” Award From the Washington Business Journal in 2024.
- The Washington Business Journal honored Momentus Capital President and CEO Ellis Carr on its “Power 100” list in 2023. Mr. Carr was also recognized in 2022 by the Washington Business Journal as the Nonprofit Leader of the Year, and was named by Fast Company to that publication’s 14th annual list of the Most Creative People in Business.
- Team member Miriam Torres Baltys received the Financial Services Champion of the Year” award from the SBA’s San Diego District Office in its 2023 National Small Business Week Awards.
- Team member Aaron Gougis won a “Leaders in Diversity” award from the Dallas Business Journal in 2023.
- Chief Human Resources Officer Kimberly Dorsett was named one of DCA Live’s 2023 HR Leaders of the Year and was named to the 2024 Leaders of Distinction list in HRO Today’s CHRO of the Year awards.
- Momentus Capital was nominated to the Washington Business Journal’s Inno on Fire awards in 2022 for helping to fuel the region’s economy.
- CDC Small Business Finance finished Fiscal Year 2022 as the foremost SBA 504 and Community Advantage lender and Fiscal Year 2023 as the #1 Community Advantage lender in the United States.
- CDC Small Business Finance was named the Community Advantage Lender of the Year in the SBA’s Michigan District for Fiscal Year 2023. CDC Small Business Finance was also named the Community Advantage lender of the year and a Top 10 lender of the year in the SBA’s Michigan District for Fiscal Year 2022.
- CDC Small Business Finance also was named the top SBA Community Advantage lender in the Fresno (Calif.) District for Fiscal Year 2022.
- Team members Ken Rosenthal and Stacey Sanchez received two top honors from Coleman Report in 2022 as the leading banking publication’s SBA Business Development Officers of the Year.
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About the Momentus Capital Brand
The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital, Momentus Securities (an SEC-registered broker-dealer and FINRA/MSRB/SIPC member), and Ventures Lending Technologies. While each organization under the Momentus Capital brand still operates as a separate entity, their clients will now have access to more resources and products.
The Momentus Capital branded family of organizations is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems that have failed to address systemic issues of inequality, economic empowerment, and the widening racial wealth gap by offering a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions.
Leveraging more than 80 years of combined experience, more than $3 billion in assets under management, and strong community engagement, we have delivered $24 billion in financing, created and preserved 293,000 jobs, and served 13,800 small businesses and 5.5 million people across their history.
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area.
Learn more at momentuscap.org.