Civic Intelligence

Cincinnati Development Fund Inc.

990 • Fiscal year 2020 • EIN 31-1256064

Apr 01, 2019 to Mar 31, 2020 • Filed on Sep 17, 2020

Organization ProfileWWW.CINCINNATIDEVELOPMENTFUND.ORG

View Organization Page

1224 Race StreetCincinnati, OH 45202

(513) 721-7211

Siviq Scores

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

Liabilities / Assets

76th percentile

0.61x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

5.23x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

18th percentile

-2.0%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$56,735,495

Down $1,143,040 (-2.0%) from 2019

Net Assets

Up

$22,278,445

Up $1,896,820 (+9.3%) from 2019

Liabilities

Down

$34,457,050

Down $3,039,860 (-8.1%) from 2019

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin84th percentile

Revenue

Down

$6,584,866

Down $1,271,913 (-16%) from 2019

Expenses

Down

$4,687,172

Down $949,046 (-17%) from 2019

Net Income

Down

$1,897,694

Down $322,867 (-15%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

2020

Assets$56,735,495
Liabilities$34,457,050
Net Assets$22,278,445
Open 2020 Filing

Operations Trend

Revenue Growth18th percentile

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

2020

Revenue$6,584,866
Expenses$4,687,172
Net Income$1,897,694
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Sep 17, 2020
Return Version
2019v5.1
Gross Receipts
$10,834,636
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$38,783,575$35,745,012▼ $3,038,563
Savings and Temporary Cash Investments$7,440,127$9,771,274▲ $2,331,147
Investments Other Securities$4,384,042$3,736,073▼ $647,969
Accounts Receivable$997,380$485,680▼ $511,700
Cash and Non-Interest-Bearing Accounts$726,072$432,770▼ $293,302
Investments Program Related$266,295$260,984▼ $5,311
Land, Buildings, and Equipment, Net$101,885$87,779▼ $14,106
Prepaid Expenses and Deferred Charges$37,059$36,414▼ $645
Total Assets$57,878,535$56,735,495▼ $1,143,040
Other Assets Total$5,142,100$6,179,509▲ $1,037,409
Liabilities
Unsecured Notes Loans Payable$29,754,287$27,622,773▼ $2,131,514
Deferred Revenue$4,944,593$5,626,427▲ $681,834
Other Liabilities$900,000$0▼ $900,000
Escrow Account Liability$1,127,686$797,956▼ $329,730
Accounts Payable and Accrued Expenses$770,344$409,894▼ $360,450
Total Liabilities$37,496,910$34,457,050▼ $3,039,860
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,612,875$21,861,433▲ $2,248,558
Net Assets With Donor Restrictions$768,750$417,012▼ $351,738
Total Net Assets Fund Balance$20,381,625$22,278,445▲ $1,896,820
Total Liabilities and Net Assets / Fund Balance$57,878,535$56,735,495▼ $1,143,040

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$50,513$72,690$123,203
Leasehold Improvements$37,266$45,356$82,622
Other Land Buildings$0$48,164$48,164
Other Assets Org$6,179,509--
Other Securities$3,736,073--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeanne GolliherPresident & CEOFT$263,629$52,374$316,003
Joseph R HuberChief Operating OfficerFT$190,562$39,325$229,887
Angela GintyChief Administrative OfficerFT$162,500$14,449$176,949
Dale ShaferChief Financial OfficerFT$144,167$8,836$153,003
Stella ChangControllerFT$128,864$22,158$151,022
Morag AdlonLoan OfficerFT$101,983$17,666$119,649
David KentCompliance & Asset ManagerFT$104,943$8,093$113,036

Board Members and Trustees

NameTitle
Kim MauerBoard Chair
Paula Boggs MuethingVice Chair
Darin C HallTrustee
Doug BurgessTrustee
Ed RustTrustee
Eric AvnerTrustee
Kevin HughesTrustee
Murray Sinclaire JrTrustee
Peg MoertlTrustee
Rea N Waldon PhdTrustee
Robert AlexanderTrustee
Susan ThomasTrustee
Kathy SchwabSecretary
Linda GravissTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,183,798
Program Service Revenue
$5,092,912
Investment Income
$270,625
Other Revenue
$37,531
All Other Contributions
$618,798
Change in Net Assets
$1,897,694

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,583,992
Revenue Not Reported on Financial Statements
$874
Revenue Not Reported on Form 990
$-1,361,233
Other Revenue Adjustments
$874
Total Revenue per Audited Statements
$5,222,759
Total Revenue per Form 990
$6,584,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,745,540
Salaries, Compensation, and Employee Benefits$1,941,632
Total Fundraising Expense$11,820
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,361,233--$1,361,233
Current Officers, Directors, Trustees, and Key Employees$604,706$266,639$4,496$875,841
Other Salaries and Wages$560,151$246,993$4,165$811,309
Office Expenses$118,946$52,257$1,076$172,279
Other Employee Benefits$95,820$42,251$713$138,784
Payroll Taxes$79,881$35,223$594$115,698
Fees for Services Other-$89,948-$89,948
Occupancy$54,134$23,783$490$78,407
Depreciation Depletion$22,198$9,752$201$32,151
Other Expenses$9,369$4,116$85$13,570
Total Functional Expenses$3,904,390$770,962$11,820$4,687,172

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,687,172
Expenses per Audited Statements$3,325,939
Total Expenses per Audited Statements$3,325,939
Expenses Not Reported on Financial Statements$1,361,233
Other Expense Adjustments$1,361,233
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The president/ceo and cfo review and approve the form 990 prepared by the cpa. One board member is provided a copy of the 990 and approves before it is presented to the audit committee where it is ultimately approved.”

Form 990, Part VI, Section B, Line 12C

“All officers and board members sign a conflict of interest policy and confirm their status periodically during meetings.”

Form 990, Part VI, Section B, Line 15A

“Annually, the board discusses overall employee performance and the president/ceo determines employee compensation. The board holds a closed meeting to evaluate the executive director's performance and pay increase. Comparability data is used to assist with compensation decisions.”

Form 990, Part VI, Section C, Line 19

“Governing documents, the conflict of interest policy and audited financial statements will be made available upon request.”

Filing and Contact Details

Filer

Filer Name
Cincinnati Development Fund
EIN
31-1256064
Phone
5137217211
Address
1224 RACE STREET, CINCINNATI, OH 45202

Signing Officer

Name
Jeanne Golliher
Title
President & CEO
Phone
5137217211
Signed
2020-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanne Golliher
Formed
1988
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
17
Volunteers
14

Preparer

Firm
Clark Schaefer Hackett & Co
Address
1 EAST 4TH STREET, CINCINNATI, OH 45202
Preparer
Jane E Pfeifer
Phone
5132413111
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Income from passthroughs - k-1's received -874.”

FORM 990, PART XII, LINE 2C:

“The organization has an audit committee that is responsible for the selection of an independent accountant and oversight of the audit. The processes used by this committee have not changed from previous years.”

Financial Statement Notes

PART IV, LINE 2B:

“Amounts held in escrow are for real estate taxes and insurance. These amounts are segregated as restricted assets.”

PART X, LINE 2:

“The financial accounting standards board ("fasb") has issued guidance which clarifies generally accepted accounting principles for recognition, measurement, presentation and disclosure relating to uncertain tax positions. This guidance clarifies the accounting and recognition for income tax positions taken or expected to be taken in the organization's income tax returns. The organization's income tax filings are subject to audit by various taxing authorities. The organization's policy with regard to interest and penalties is to recognize interest through interest expense and penalties through other expense. In evaluating the organization's tax provision and tax exempt status, interpretations and tax planning strategies were considered. The organization believes their estimates are appropriate based on the current facts and circumstances.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Interest expense -1,361,233.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Income from passthrough entities 874.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Interest expense 1,361,233.”

Raw XML AppendixShowing 400 of 1,085 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0770344
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0409894
IRS990/AccountsReceivableGrp/BOYAmt0997380
IRS990/AccountsReceivableGrp/EOYAmt0485680
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO DRIVE COMMUNITY REVITALIZATION BY PROVIDING CAPITAL ACCESS AND TECHNICAL ASSISTANCE.
IRS990/AllOtherContributionsAmt0618798
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JEANNE GOLLIHER
IRS990/BooksInCareOfDetail/PhoneNum05137217211
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01224 RACE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045202
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0726072
IRS990/CashNonInterestBearingGrp/EOYAmt0432770
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04496
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0266639
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0604706
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0875841
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01183798
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0270625
IRS990/CYOtherExpensesAmt02745540
IRS990/CYOtherRevenueAmt037531
IRS990/CYProgramServiceRevenueAmt05092912
IRS990/CYRevenuesLessExpensesAmt01897694
IRS990/CYSalariesCompEmpBnftPaidAmt01941632
IRS990/CYTotalExpensesAmt04687172
IRS990/CYTotalFundraisingExpenseAmt011820
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06584866
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04944593
IRS990/DeferredRevenueGrp/EOYAmt05626427
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0201
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09752
IRS990/DepreciationDepletionGrp/ProgramServicesAmt022198
IRS990/DepreciationDepletionGrp/TotalAmt032151
IRS990/Desc0CINCINNATI DEVELOPMENT FUND (CDF) IS A NONPROFIT LENDING INSTITUTION ESTABLISHED IN 1988 TO FINANCE AFFORDABLE HOUSING DEVELOPMENT AND COMMUNITY REVITALIZATION IN THE GREATER CINCINNATI AREA. CDF'S MISSION IS TO PROVIDE INNOVATIVE REAL ESTATE FINANCING FOR PROJECTS THAT STRENGTHEN LOW-INCOME NEIGHBORHOODS AND IMPROVE LIVES.OVER THE PAST 30 YEARS, LOCAL FINANCIAL INSTITUTIONS, FOUNDATIONS, SOCIALLY MOTIVATED INVESTORS, AND LOCAL AND FEDERAL GOVERNMENTS HAVE ALL CONTRIBUTED TO CDF'S SOURCES OF CAPITAL. FINANCIAL INSTITUTIONS INVEST IN CDF BECAUSE OF OUR EXPERTISE IN EVALUATING COMPLEX LOAN APPLICATIONS WITH MULTIPLE FINANCING SOURCES. THIS EXPERIENCE MAKES IT EASIER AND MORE COST-EFFECTIVE FOR FINANCIAL INSTITUTIONS TO INVEST IN THE COMMUNITY. AN ADDED BENEFIT IS THAT FUNDS ARE ORGANIZED INTO LOAN POOLS THAT ENABLE LENDERS TO DIVERSIFY THEIR LOAN PORTFOLIOS AND SHARE THE RISK ON EACH LOAN WITH OTHER CDF PARTICIPANTS. CDF HAS ORIGINATED MORE THAN $425 MILLION IN LOANS RESULTING IN THE CREATION OF MORE THAN 6,000 UNITS OF HOUSING. CDF FOCUSES ON LENDING IN LOW INCOME COMMUNITIES WHERE NEED AND IMPACT ARE THE GREATEST.CDF IS AN EQUAL OPPORTUNITY PROVIDER.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0768750
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0417012
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt01127686
IRS990/EscrowAccountLiabilityGrp/EOYAmt0797956
IRS990/ExpenseAmt03904390
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt089948
IRS990/FeesForServicesOtherGrp/TotalAmt089948
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1439258
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1533920
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt168836
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt179043
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt188093
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1917666
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2016715
IRS990/Form990PartVIISectionAGrp/PersonNm0KIM MAUER
IRS990/Form990PartVIISectionAGrp/PersonNm1PAULA BOGGS MUETHING
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHY SCHWAB
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA GRAVISS
IRS990/Form990PartVIISectionAGrp/PersonNm4DARIN C HALL
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUG BURGESS
IRS990/Form990PartVIISectionAGrp/PersonNm6ED RUST
IRS990/Form990PartVIISectionAGrp/PersonNm7ERIC AVNER
IRS990/Form990PartVIISectionAGrp/PersonNm8KEVIN HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm9MURRAY SINCLAIRE JR
IRS990/Form990PartVIISectionAGrp/PersonNm10PEG MOERTL
IRS990/Form990PartVIISectionAGrp/PersonNm11REA N WALDON PHD
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm13SUSAN THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm14JEANNE GOLLIHER
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSEPH R HUBER
IRS990/Form990PartVIISectionAGrp/PersonNm16DALE SHAFER
IRS990/Form990PartVIISectionAGrp/PersonNm17ANGELA GINTY
IRS990/Form990PartVIISectionAGrp/PersonNm18DAVID KENT
IRS990/Form990PartVIISectionAGrp/PersonNm19MORAG ADLON
IRS990/Form990PartVIISectionAGrp/PersonNm20STELLA CHANG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14276745
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15195967
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16144167
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17167906
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18104943
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19101983
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20134307
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18COMPLIANCE & ASSET MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt19LOAN OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt065230
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0565000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04315000
IRS990/GrossReceiptsAmt010834636
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt01361233
IRS990/InterestGrp/TotalAmt01361233
IRS990/InvestmentIncomeGrp/ExclusionAmt0205395
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0205395
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04384042
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03736073
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0266295
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0260984
IRS990/IRPDocumentCnt037
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0166210
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0101885
IRS990/LandBldgEquipBasisNetGrp/EOYAmt087779
IRS990/LandBldgEquipCostOrOtherBssAmt0253989
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04249770
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0131
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0131
IRS990/MissionDesc0TO DRIVE COMMUNITY REVITALIZATION BY PROVIDING CAPITAL ACCESS AND TECHNICAL ASSISTANCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020381625
IRS990/NetAssetsOrFundBalancesEOYAmt022278445
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt065230
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt065230
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt019612875
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt021861433
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0490
IRS990/OccupancyGrp/ManagementAndGeneralAmt023783
IRS990/OccupancyGrp/ProgramServicesAmt054134
IRS990/OccupancyGrp/TotalAmt078407
IRS990/OfficeExpensesGrp/FundraisingAmt01076
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt052257
IRS990/OfficeExpensesGrp/ProgramServicesAmt0118946
IRS990/OfficeExpensesGrp/TotalAmt0172279
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05142100
IRS990/OtherAssetsTotalGrp/EOYAmt06179509
IRS990/OtherChangesInNetAssetsAmt0-874
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0713
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt042251
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt095820
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0138784
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1PROGRAM NMTC EXPENSE
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/FundraisingAmt085
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04116
IRS990/OtherExpensesGrp/ProgramServicesAmt0622281
IRS990/OtherExpensesGrp/ProgramServicesAmt1315807
IRS990/OtherExpensesGrp/ProgramServicesAmt259864
IRS990/OtherExpensesGrp/ProgramServicesAmt39369
IRS990/OtherExpensesGrp/TotalAmt0622281
IRS990/OtherExpensesGrp/TotalAmt1315807
IRS990/OtherExpensesGrp/TotalAmt259864
IRS990/OtherExpensesGrp/TotalAmt313570
IRS990/OtherLiabilitiesGrp/BOYAmt0900000
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1INCOME FROM K-1: FAY LIMITED PART
IRS990/OtherRevenueMiscGrp/Desc2INCOME FROM K-1: CITYWIDE CINCINN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036657
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1642
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2101
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036657
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1642
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2101
IRS990/OtherRevenueTotalAmt037531
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04165
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0246993
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0560151
IRS990/OtherSalariesAndWagesGrp/TotalAmt0811309
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt038783575
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt035745012
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0594
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035223
IRS990/PayrollTaxesGrp/ProgramServicesAmt079881
IRS990/PayrollTaxesGrp/TotalAmt0115698
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037059
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036414
IRS990/PrincipalOfficerNm0JEANNE GOLLIHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICING FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04202749
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1890163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04202749
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1890163
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02564420
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0108136
IRS990/PYOtherExpensesAmt03644410
IRS990/PYOtherRevenueAmt0108996
IRS990/PYProgramServiceRevenueAmt05075227
IRS990/PYRevenuesLessExpensesAmt02220561
IRS990/PYSalariesCompEmpBnftPaidAmt01991808
IRS990/PYTotalExpensesAmt05636218
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07856779
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01897694
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05130443
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07440127
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09771274
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01183798
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02564420

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$56,735,495
Liabilities
$34,457,050
Net assets
$22,278,445
Revenue
$6,584,866
Expenses
$4,687,172
Net income
$1,897,694
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$64.0$37.6$20.0$17.0$2.95
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.0$38.7$30.3$10.3$4.89$5.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.0$30.2$24.8$6.55$5.54$1.01
2020Detailed filing. Detailed filing data is available for this year.$56.7$34.5$22.3$6.58$4.69$1.90
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.9$37.5$20.4$7.86$5.64$2.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.0$33.9$18.2$4.51$4.12$0.40
2016Detailed filing. Detailed filing data is available for this year.$40.4$28.3$12.1$5.12$3.30$1.82
2015Detailed filing. Detailed filing data is available for this year.$38.9$28.7$10.3$3.69$3.21$0.48
2014Detailed filing. Detailed filing data is available for this year.$39.8$30.0$9.77$3.22$2.43$0.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.5$28.5$9.02$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.8$33.9$6.84$1.36