Civic Intelligence

Cincinnati Development Fund Inc.

990 • Fiscal year 2021 • EIN 31-1256064

Apr 01, 2020 to Mar 31, 2021 • Filed on Oct 06, 2021

Organization ProfileWWW.CINDEVFUND.ORG

View Organization Page

1224 Race StreetCincinnati, OH 45202

(513) 721-7211

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$56,088,743

Down $646,752 (-1.1%) from 2020

Net Assets

Up

$23,736,298

Up $1,457,853 (+6.5%) from 2020

Liabilities

Down

$32,352,445

Down $2,104,605 (-6.1%) from 2020

Revenue And Expenses

Revenue

Up

$7,624,982

Up $1,040,116 (+16%) from 2020

Expenses

Up

$6,167,330

Up $1,480,158 (+32%) from 2020

Net Income

Down

$1,457,652

Down $440,042 (-23%) from 2020

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 2021: $56,088,743Liabilities 2021: $32,352,445Net Assets 2021: $23,736,2982021Assets 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

2021

Assets$56,088,743
Liabilities$32,352,445
Net Assets$23,736,298
Open 2021 Filing

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 2021: $7,624,982Expenses 2021: $6,167,330Net Income 2021: $1,457,6522021Revenue 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

2021

Revenue$7,624,982
Expenses$6,167,330
Net Income$1,457,652
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Oct 6, 2021
Return Version
2020v4.1
Gross Receipts
$10,922,858
Mission and Program Overview

Mission

To strengthen underserved neighborhoods and improve lives through innovative financing.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$35,745,012$35,490,686▼ $254,326
Savings and Temporary Cash Investments$9,771,274$5,215,767▼ $4,555,507
Investments Other Securities$3,736,073$3,190,511▼ $545,562
Investments Program Related$260,984$2,363,158▲ $2,102,174
Accounts Receivable$485,680$687,047▲ $201,367
Cash and Non-Interest-Bearing Accounts$432,770$232,470▼ $200,300
Land, Buildings, and Equipment, Net$87,779$58,846▼ $28,933
Prepaid Expenses and Deferred Charges$36,414$40,651▲ $4,237
Total Assets$56,735,495$56,088,743▼ $646,752
Other Assets Total$6,179,509$8,809,607▲ $2,630,098
Liabilities
Unsecured Notes Loans Payable$27,622,773$24,401,221▼ $3,221,552
Deferred Revenue$5,626,427$6,492,635▲ $866,208
Escrow Account Liability$797,956$975,990▲ $178,034
Accounts Payable and Accrued Expenses$409,894$482,599▲ $72,705
Total Liabilities$34,457,050$32,352,445▼ $2,104,605
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,861,433$23,711,298▲ $1,849,865
Net Assets With Donor Restrictions$417,012$25,000▼ $392,012
Total Net Assets Fund Balance$22,278,445$23,736,298▲ $1,457,853
Total Liabilities and Net Assets / Fund Balance$56,735,495$56,088,743▼ $646,752

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,369$89,834$123,203
Leasehold Improvements$25,477$57,145$82,622
Other Land Buildings$0$48,164$48,164
Other Assets Org$8,809,607--
Other Securities$3,190,511--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeanne GolliherCEOFT$278,810$48,957$327,767
Joseph R HuberPresidentFT$205,438$49,013$254,451
Angela GintyChief Administrative OfficerFT$177,500$18,889$196,389
Jennifer LarkinsChief Financial OfficerFT$109,487$30,452$139,939
David KentCompliance & Asset ManagerFT$126,204$9,333$135,537
Morag AdlonLoan OfficerFT$112,310$21,050$133,360

Board Members and Trustees

NameTitle
Kim MauerBoard Chair
Susan ThomasVice Chair
Darin HallTrustee
Doug BurgessTrustee
Edgar RustTrustee
Eric AvnerTrustee
Kevin HughesTrustee
Murray SinclaireTrustee
Peg MoertlTrustee
Philip DenningTrustee
Rea N Waldon PhdTrustee
Robert AlexanderTrustee
Kathy SchwabSecretary
Linda GravissTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,300,545
Program Service Revenue
$5,102,411
Investment Income
$169,650
Other Revenue
$52,376
All Other Contributions
$1,093,045
Change in Net Assets
$1,457,652

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,625,183
Revenue Not Reported on Financial Statements
$-201
Revenue Not Reported on Form 990
$-954,954
Other Revenue Adjustments
$-201
Total Revenue per Audited Statements
$6,670,229
Total Revenue per Form 990
$7,624,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,068,020
Salaries, Compensation, and Employee Benefits$2,099,310
Total Fundraising Expense$12,329
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$954,954--$954,954
Other Salaries and Wages$637,364$281,039$4,740$923,143
Current Officers, Directors, Trustees, and Key Employees$634,190$279,640$4,716$918,546
Office Expenses$95,558$41,982$864$138,404
Payroll Taxes$76,909$33,912$572$111,393
Other Employee Benefits$69,986$30,860$520$101,366
Occupancy$50,952$22,385$461$73,798
Pension Plan Contributions$30,974$13,658$230$44,862
Fees for Services Accounting-$35,495-$35,495
Fees for Services Other-$32,840-$32,840
Depreciation Depletion$19,976$8,776$181$28,933
Fees for Services Legal-$15,085-$15,085
Other Expenses$4,934$2,167$45$7,146
Total Functional Expenses$5,357,162$797,839$12,329$6,167,330

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,167,330
Expenses per Audited Statements$5,212,376
Total Expenses per Audited Statements$5,212,376
Expenses Not Reported on Financial Statements$954,954
Other Expense Adjustments$954,954
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 cfo conducts an inital review of the form 990 prepared by the cpa. Then, a draft is submitted to the board prior to filing for final approval.”

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

“All officers and board members are required to sign the conflict of interest policy annually. If a vote is required and any member has a conflict, then that member abstains from voting.”

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
Jennifer Larkins
Title
CFO
Phone
5137217211
Signed
2021-10-06
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
15
Volunteers
14

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“Income from passthroughs - k-1's received 201.”

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 -954,954.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Income from passthrough entities -201.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Interest expense 954,954.”

Raw XML AppendixShowing 400 of 1,073 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/BOYAmt0409894
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0482599
IRS990/AccountsReceivableGrp/BOYAmt0485680
IRS990/AccountsReceivableGrp/EOYAmt0687047
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO DRIVE COMMUNITY REVITALIZATION BY PROVIDING CAPITAL ACCESS AND TECHNICAL ASSISTANCE.
IRS990/AllOtherContributionsAmt01093045
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER LARKINS
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/BOYAmt0432770
IRS990/CashNonInterestBearingGrp/EOYAmt0232470
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04716
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0279640
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0634190
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0918546
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02300545
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0169650
IRS990/CYOtherExpensesAmt04068020
IRS990/CYOtherRevenueAmt052376
IRS990/CYProgramServiceRevenueAmt05102411
IRS990/CYRevenuesLessExpensesAmt01457652
IRS990/CYSalariesCompEmpBnftPaidAmt02099310
IRS990/CYTotalExpensesAmt06167330
IRS990/CYTotalFundraisingExpenseAmt012329
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07624982
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt05626427
IRS990/DeferredRevenueGrp/EOYAmt06492635
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0181
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08776
IRS990/DepreciationDepletionGrp/ProgramServicesAmt019976
IRS990/DepreciationDepletionGrp/TotalAmt028933
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/BOYAmt0417012
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt025000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0797956
IRS990/EscrowAccountLiabilityGrp/EOYAmt0975990
IRS990/ExpenseAmt05357162
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt035495
IRS990/FeesForServicesAccountingGrp/TotalAmt035495
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt015085
IRS990/FeesForServicesLegalGrp/TotalAmt015085
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt032840
IRS990/FeesForServicesOtherGrp/TotalAmt032840
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/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
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/OtherCompensationAmt1448273
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1540832
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1630452
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1710714
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt189333
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1921050
IRS990/Form990PartVIISectionAGrp/PersonNm0KIM MAUER
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHY SCHWAB
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA GRAVISS
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIC AVNER
IRS990/Form990PartVIISectionAGrp/PersonNm6DOUG BURGESS
IRS990/Form990PartVIISectionAGrp/PersonNm7DARIN HALL
IRS990/Form990PartVIISectionAGrp/PersonNm8KEVIN HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm9PEG MOERTL
IRS990/Form990PartVIISectionAGrp/PersonNm10EDGAR RUST
IRS990/Form990PartVIISectionAGrp/PersonNm11MURRAY SINCLAIRE
IRS990/Form990PartVIISectionAGrp/PersonNm12REA N WALDON PHD
IRS990/Form990PartVIISectionAGrp/PersonNm13PHILIP DENNING
IRS990/Form990PartVIISectionAGrp/PersonNm14JEANNE GOLLIHER
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSEPH R HUBER
IRS990/Form990PartVIISectionAGrp/PersonNm16JENNIFER LARKINS
IRS990/Form990PartVIISectionAGrp/PersonNm17ANGELA GINTY
IRS990/Form990PartVIISectionAGrp/PersonNm18DAVID KENT
IRS990/Form990PartVIISectionAGrp/PersonNm19MORAG ADLON
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/ReportableCompFromOrgAmt14279494
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15213619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16109487
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17185675
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18126204
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19112310
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/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/TitleTxt14CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18COMPLIANCE & ASSET MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt19LOAN OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-2630
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt01207500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03295246
IRS990/GrossReceiptsAmt010922858
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0954954
IRS990/InterestGrp/TotalAmt0954954
IRS990/InvestmentIncomeGrp/ExclusionAmt0172280
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0172280
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03736073
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03190511
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0260984
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02363158
IRS990/IRPDocumentCnt064
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0195143
IRS990/LandBldgEquipBasisNetGrp/BOYAmt087779
IRS990/LandBldgEquipBasisNetGrp/EOYAmt058846
IRS990/LandBldgEquipCostOrOtherBssAmt0253989
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03297876
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0-2077
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-2077
IRS990/MissionDesc0TO DRIVE COMMUNITY REVITALIZATION BY PROVIDING CAPITAL ACCESS AND TECHNICAL ASSISTANCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt022278445
IRS990/NetAssetsOrFundBalancesEOYAmt023736298
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2630
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2630
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt021861433
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023711298
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0461
IRS990/OccupancyGrp/ManagementAndGeneralAmt022385
IRS990/OccupancyGrp/ProgramServicesAmt050952
IRS990/OccupancyGrp/TotalAmt073798
IRS990/OfficeExpensesGrp/FundraisingAmt0864
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041982
IRS990/OfficeExpensesGrp/ProgramServicesAmt095558
IRS990/OfficeExpensesGrp/TotalAmt0138404
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06179509
IRS990/OtherAssetsTotalGrp/EOYAmt08809607
IRS990/OtherChangesInNetAssetsAmt0201
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0520
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030860
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt069986
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0101366
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2PROGRAM NMTC EXPENSE
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/FundraisingAmt045
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02167
IRS990/OtherExpensesGrp/ProgramServicesAmt01687293
IRS990/OtherExpensesGrp/ProgramServicesAmt1795524
IRS990/OtherExpensesGrp/ProgramServicesAmt2298548
IRS990/OtherExpensesGrp/ProgramServicesAmt34934
IRS990/OtherExpensesGrp/TotalAmt01687293
IRS990/OtherExpensesGrp/TotalAmt1795524
IRS990/OtherExpensesGrp/TotalAmt2298548
IRS990/OtherExpensesGrp/TotalAmt37146
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/RelatedOrExemptFuncIncomeAmt052577
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11800
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt276
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt052577
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt276
IRS990/OtherRevenueTotalAmt052376
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04740
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0281039
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0637364
IRS990/OtherSalariesAndWagesGrp/TotalAmt0923143
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt035745012
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt035490686
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0572
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt033912
IRS990/PayrollTaxesGrp/ProgramServicesAmt076909
IRS990/PayrollTaxesGrp/TotalAmt0111393
IRS990/PensionPlanContributionsGrp/FundraisingAmt0230
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013658
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030974
IRS990/PensionPlanContributionsGrp/TotalAmt044862
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036414
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040651
IRS990/PrincipalOfficerNm0JEANNE GOLLIHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICING FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04071914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11030497
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04071914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11030497
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01183798
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0270625
IRS990/PYOtherExpensesAmt02745540
IRS990/PYOtherRevenueAmt037531
IRS990/PYProgramServiceRevenueAmt05092912
IRS990/PYRevenuesLessExpensesAmt01897694
IRS990/PYSalariesCompEmpBnftPaidAmt01941632
IRS990/PYTotalExpensesAmt04687172
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06584866
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01457652
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05154988
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09771274
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05215767
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02300545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01183798

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$56,088,743
Liabilities
$32,352,445
Net assets
$23,736,298
Revenue
$7,624,982
Expenses
$6,167,330
Net income
$1,457,652
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
2021Detailed filing. Detailed filing data is available for this year.$56.1$32.4$23.7$7.62$6.17$1.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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