Civic Intelligence

Cincinnati Development Fund Inc.

990 • Fiscal year 2012 • EIN 31-1256064

Apr 01, 2011 to Mar 31, 2012 • Filed on Nov 12, 2012

1100 Walnut Street45202
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.83x

Higher debt load relative to assets than 87% of similar nonprofits.

2012 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$40,787,598

No earlier filing loaded for comparison.

Net Assets

$6,839,145

No earlier filing loaded for comparison.

Liabilities

$33,948,453

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,360,357

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2012: $40,787,598Liabilities 2012: $33,948,453Net Assets 2012: $6,839,1452012Assets 2013: $37,534,350Liabilities 2013: $28,510,117Net Assets 2013: $9,024,2332013Assets 2014: $39,814,905Liabilities 2014: $30,042,906Net Assets 2014: $9,771,9992014Assets 2015: $38,948,759Liabilities 2015: $28,688,606Net Assets 2015: $10,260,1532015Assets 2016: $40,408,905Liabilities 2016: $28,328,775Net Assets 2016: $12,080,1302016Assets 2018: $52,042,300Liabilities 2018: $33,863,660Net Assets 2018: $18,178,6402018Assets 2019: $57,878,535Liabilities 2019: $37,496,910Net Assets 2019: $20,381,6252019Assets 2020: $56,735,495Liabilities 2020: $34,457,050Net Assets 2020: $22,278,4452020Assets 2022: $54,993,767Liabilities 2022: $30,207,111Net Assets 2022: $24,786,6562022Assets 2023: $69,003,326Liabilities 2023: $38,716,534Net Assets 2023: $30,286,7922023Assets 2025: $101,598,029Liabilities 2025: $64,037,946Net Assets 2025: $37,560,0832025

Highlighted filing

2012

Assets$40,787,598
Liabilities$33,948,453
Net Assets$6,839,145

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2012: $1,360,3572012Expenses 2013: $1,544,5662013Revenue 2014: $3,218,669Expenses 2014: $2,431,472Net Income 2014: $787,1972014Revenue 2015: $3,691,051Expenses 2015: $3,212,207Net Income 2015: $478,8442015Revenue 2016: $5,122,913Expenses 2016: $3,304,747Net Income 2016: $1,818,1662016Revenue 2018: $4,513,024Expenses 2018: $4,115,761Net Income 2018: $397,2632018Revenue 2019: $7,856,779Expenses 2019: $5,636,218Net Income 2019: $2,220,5612019Revenue 2020: $6,584,866Expenses 2020: $4,687,172Net Income 2020: $1,897,6942020Revenue 2022: $6,552,988Expenses 2022: $5,541,478Net Income 2022: $1,011,5102022Revenue 2023: $10,309,687Expenses 2023: $4,890,754Net Income 2023: $5,418,9332023Revenue 2025: $19,961,456Expenses 2025: $17,013,828Net Income 2025: $2,947,6282025

Highlighted filing

2012

Revenue-
Expenses$1,360,357
Net Income-
Jump To
Filing Snapshot
Filing Period
Apr 1, 2011 to Mar 31, 2012
Signed
Nov 12, 2012
Return Version
2011v1.2
Gross Receipts
$3,157,702
Mission and Program Overview

Mission

To drive community revitalization by providing capital access and technical assistance.

Filing and Contact Details

Filer

EIN
31-1256064
Raw XML AppendixShowing 400 of 676 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Description0CINCINNATI DEVELOPMENT FUND (CDF) IS THE PREMIERE CDFI IN THE CINCINNATI METRO AREA SERVING 6 AREA COUNTIES (3 IN OHIO AND 3 IN KENTUCKY), WITH A PARTICULAR FOCUS ON THE MOST DISTRESSED INNER-CITY NEIGHBORHOODS. CDF HAS A 24 YEAR TRACK RECORD OF PROVIDING HIGH-IMPACT LOANS AND LEADERSHIP IN COMMUNITY DEVELOPMENT POLICY. IT WAS CREATED IN 1988 AS A FINANCIAL INTERMEDIARY, THROUGH WHICH LOCAL FINANCIAL INSTITUTIONS COULD SHARE RISK AND COST-EFFECTIVELY INVEST IN COMMUNITY DEVELOPMENT LENDING.CDF PROVIDES CONSTRUCTION AND PERMANENT FINANCING FOR AFFORDABLE HOUSING DEVELOPMENT AND MORE SIGNIFICANTLY DIRECT LENDING TO BUILD ITS BALANCE SHEET TO SUPPORT THE EXPANSION OF ITS LENDING PRODUCTS. OVER THE PAST 24 YEARS, LOCAL FINANCIAL INSTITUTIONS, FOUNDATIONS, SOCIALLY MOTIVATED INVESTORS, AND LOCAL AND FEDERAL GOVERNMENT SOURCES HAVE MADE COMMITMENTS TO CDF TOTALING OVER $350 MILLION.95% OF ALL CDF LOANS HAVE BEEN MADE IN LICS. THE BALANCE IS IN THE FORM OF AFFORDABLE HOUSING LOANS IN NON-LIC NEIGHBORHOODS. THE IMPACT OF THAT FUNDING HAS BEEN SIGNIFICANT. CDF HAS FUNDED 4000 UNITS OF HOUSING OVER ITS HISTORY.DURING THE YEAR ENDED MARCH 31, 2012, CDF COMPLETED PROJECTS UNDER THE UPTOWN CINCINNATI DEVELOPMENT FUND PROGRAM WHICH FINANCED THE REHAB OF THE VERNON MANOR HOTEL INTO OFFICES FOR CHILDREN'S HOSPITAL, THE REDEVELOPMENT OF WASHINGTON PARK IN OVER THE RHINE, COMMERCIAL REDEVELOPMENT OF UC'S CAMPUS IN CORRYVILLE, THE RENOVATION OF THE HISTORIC METROPOLE BUILDING INTO A 21C BRAND HOTEL AND THE CONSTRUCTION OF A PUBLIC PARKING GARAGE IN OVER THE RHINE (MERCER COMMONS).CDF ALSO RECEIVED GRANTS AS FOLLOWS: $1.5M CDFI GRANT FOR LOAN CAPITAL AND RESERVES, $50,000 FROM MASHEWA FARMS FOUNDATION FOR COMMUNITY OUTREACH, $25,000 FROM FHLB OF CINCINNATI/CAROL PETERSON FUND TO SUPPORT LOCAL NPO'S SENIOR HOUSING ACCESSIBILITY WORK, AND $2500 FROM WESBANCO FOR GENERAL OPERATING SUPPORT. NINE BELOW MARKET RATE LOANS INCLUDE TWO NEW MARKETS LOANS OF $5.95 MILLION AND $20 MILLION TO FACILITATE LOCAL ECONOMIC AND HOUSING GROWTH AS WELL AS $4.5 MILLION IN LOAN CAPITAL FROM ITS INVESTOR PARTNERS IN ITS LOAN POOLS. CDF ALSO RECEIVED A $93,000 ZERO INTEREST LOAN FROM THE FHLB CINCINNATI TO SUPPORT CONTINUED FINANCING OF FORECLOSURE REMEDIATION WORK THROUGH NPO HOMESTEADING & URBAN REDEVELOPMENT CORPORATION.
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IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years01305298
IRS990ScheduleA/GiftsGrantsContribReceived509/Total06434298
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years011705
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years076210
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years090195
IRS990ScheduleA/GrossInvestmentIncome509/Total0178110
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear01530671
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year0902934
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years0547224
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years0837114
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years0780319
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total04598262
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years011705
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years076210
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years090195
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total0178110
IRS990ScheduleA/InvestmentIncomePercentage00.01590
IRS990ScheduleA/OtherIncome509/CurrentTaxYear049531
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus1Year09685
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years0-27820
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years0-20873
IRS990ScheduleA/OtherIncome509/Total010523
IRS990ScheduleA/PriorYearSupportPercentage00.97530
IRS990ScheduleA/PriorYrInvestIncomePercentage00.03040
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50900.98320
IRS990ScheduleA/PublicSupportTotal509011032560
IRS990ScheduleA/SupportFromDQPsEtc/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear03108171
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year01659434
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years03092224
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years01087114
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years02085617
IRS990ScheduleA/Total509/Total011032560
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear03157702
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year01669119
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years03076109
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01142451
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years02175812
IRS990ScheduleA/TotalSupportTotal/Total011221193
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED

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