CAAB

Investing in People, Strengthening Communities

CAAB Announces the Appointment of New Board of Directors Leadership

CAAB’s work is guided by a vision of a metropolitan region where birthplace, race, and the Zip code we live in don’t limit economic opportunity and optimism.

CAAB Announces the Appointment of  New Board of Directors Leadership  

CAAB’s work is guided by a vision of a metropolitan region where birthplace, race, and the Zip code we live in don’t limit economic opportunity and optimism. 

Washington, DC – October 30, 2020 - Capital Area Asset Builders (CAAB) announces the appointment of new members of the Executive Committee of CAAB’s Board of Directors: Robert Burns (President), Iyon Johnson (Vice-President), Sheida Elmi (Secretary), and Bill Spinnell (Treasurer).    

"CAAB’s role is vital in today’s environment,” said Robert Burns, President of CAAB’s Board of Directors and Senior Vice President of Community Relations at Citi. “I look forward to working with our talented Board and staff to continue to expand CAAB’s services throughout the community.”

With the spread of COVID-19 and the economic disruption the pandemic is having across the region, low- and moderate-income community members, disproportionately individuals and families of color, have the greatest risk for household de-stabilization. As the pandemic intensifies, CAAB believes the socio-economic challenges faced by low- and moderate-income families in the region have significantly increased. CAAB is working to financially empower impacted families through the delivery of matched savings, emergency savings, cash transfer, credit building, and financial coaching.   

“I am very excited to partner with our new Board of Directors’ Executive Committee to advance CAAB’s mission for the benefit of low- and moderate-income Black and Brown families in our region,” said Joseph Leitmann-Santa Cruz, CAAB’s CEO & Executive Director. “The leadership, commitment, passion and dedication that Robert, Iyon, Sheida, and Bill provide—together with all of the other great Board members—will energize CAAB to continue to proudly focus on intentionally addressing and closing the racial wealth gap in the Washington, DC metropolitan region. Moreover, our work will benefit from their deep knowledge and expertise in the community affairs, human services, research, and financial services fields. I appreciate the opportunity to work with such a talented and devoted group so that we can provide access to education, resources and tools so that all have an opportunity to achieve financial stability and long-term asset building and prosperity.”

 

About Capital Area Asset Builders

Capital Area Asset Builders (CAAB) is a non-profit organization whose mission is to create opportunities for low- and moderate-income individuals in the greater DC region to build financial security, savings, and wealth for the future. 

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How to give

Now, more than ever, non-profits like Capital Area Asset Builders (CAAB) need your help. Please support CAAB as we continue to help DC residents manage and/or improve their financial situation during these difficult times. If you can't afford to give a monetary gift, please visit our Amazon Wish List where you can choose from a variety of items that CAAB needs in order to better serve our community.

or send a check or money order to
Capital Area Asset Builders (CAAB)
c/o Joseph Leitmann-Santa Cruz, CEO & Executive Director
1100 H Street NW, Suite 200
Washington, DC 20005