Civic Intelligence

Cincinnati Development Fund Inc.

990 • Fiscal year 2024 • EIN 31-1256064

Apr 01, 2023 to Mar 31, 2024 • Filed on Nov 15, 2024

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

Up

$89,298,579

Up $20,295,253 (+29%) from 2023

Net Assets

Up

$34,590,821

Up $4,304,029 (+14%) from 2023

Liabilities

Up

$54,707,758

Up $15,991,224 (+41%) from 2023

Revenue And Expenses

Revenue

Up

$18,409,470

Up $8,099,783 (+79%) from 2023

Expenses

Up

$13,419,584

Up $8,528,830 (+174%) from 2023

Net Income

Down

$4,989,886

Down $429,047 (-7.9%) from 2023

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 2024: $89,298,579Liabilities 2024: $54,707,758Net Assets 2024: $34,590,8212024Assets 2025: $101,598,029Liabilities 2025: $64,037,946Net Assets 2025: $37,560,0832025

Highlighted filing

2024

Assets$89,298,579
Liabilities$54,707,758
Net Assets$34,590,821
Open 2024 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 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 2024: $18,409,470Expenses 2024: $13,419,584Net Income 2024: $4,989,8862024Revenue 2025: $19,961,456Expenses 2025: $17,013,828Net Income 2025: $2,947,6282025

Highlighted filing

2024

Revenue$18,409,470
Expenses$13,419,584
Net Income$4,989,886
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$19,557,410
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$29,888,724$41,253,767▲ $11,365,043
Savings and Temporary Cash Investments$19,343,843$28,698,324▲ $9,354,481
Investments Program Related$5,163,053$5,136,604▼ $26,449
Investments Other Securities$4,497,450$4,094,421▼ $403,029
Accounts Receivable$552,133$794,531▲ $242,398
Cash and Non-Interest-Bearing Accounts$458,101$279,261▼ $178,840
Prepaid Expenses and Deferred Charges$61,905$79,779▲ $17,874
Land, Buildings, and Equipment, Net$21,950$12,865▼ $9,085
Total Assets$69,003,326$89,298,579▲ $20,295,253
Other Assets Total$9,016,167$8,949,027▼ $67,140
Liabilities
Unsecured Notes Loans Payable$22,528,225$30,189,186▲ $7,660,961
Deferred Revenue$15,078,192$23,453,125▲ $8,374,933
Accounts Payable and Accrued Expenses$427,673$565,271▲ $137,598
Escrow Account Liability$473,306$357,451▼ $115,855
Other Liabilities$209,138$142,725▼ $66,413
Total Liabilities$38,716,534$54,707,758▲ $15,991,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,286,792$34,590,821▲ $4,304,029
Total Net Assets Fund Balance$30,286,792$34,590,821▲ $4,304,029
Total Liabilities and Net Assets / Fund Balance$69,003,326$89,298,579▲ $20,295,253

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,067$83,013$93,080
Leasehold Improvements$2,798$79,702$82,500
Other Land Buildings$0$48,164$48,164
Investment Program Related Org$61,704--
Other Assets Org$139,420--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph HuberPresident & CEOFT$235,625$81,593$317,218
Luke BlocherGen. Counsel/chief Strategy OfficerFT$213,822$52,642$266,464
Jennifer LarkinsCFOFT$181,935$62,932$244,867
Sara SheetsDirector of Strategic InitiativesFT$123,252$47,858$171,110
Morag AdlonSenior Loan OfficerFT$132,587$29,106$161,693
Jeanne Golliher Term 1223CEOFT$125,000$6,250$131,250
Angela Ginty Term 43023Chief Administrative OfficerFT$85,000$4,386$89,386
Robie Suggs Term 41423Chief Lending OfficerFT$71,971$3,736$75,707

Board Members and Trustees

NameTitle
Kimberly MauerBoard Chair
Susan ThomasVice Chair
Danielle WilsonTrustee
Dora AnimTrustee
Doug BurgessTrustee
Jessica PowellTrustee
Joe HansbauerTrustee
Kevin HughesTrustee
Margaret MoertlTrustee
Murray SinclaireTrustee
Philip DenningTrustee
Scott TaylorTrustee
Kathleen SchwabSecretary
Kevin CooneyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
NovogradacAudit And Tax ServicesPO BOX 7833, San Francisco, CA 74120$300,500
Revenue and Support

Revenue Composition

Contributions and Grants
$11,608,231
Program Service Revenue
$6,071,100
Investment Income
$807,865
Other Revenue
$-77,726
All Other Contributions
$119,807
Change in Net Assets
$4,989,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,487,196
Revenue Not Reported on Financial Statements
$-77,726
Revenue Not Reported on Form 990
$-617,417
Other Revenue Adjustments
$-77,726
Total Revenue per Audited Statements
$17,869,779
Total Revenue per Form 990
$18,409,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,105,574
Salaries, Compensation, and Employee Benefits$2,314,010
Total Fundraising Expense$65,901
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$776,657$342,460$5,775$1,124,892
Other Salaries and Wages$595,065$262,388$4,425$861,878
Interest$615,642--$615,642
Office Expenses$209,181$91,899$1,893$302,973
Other Employee Benefits$139,473$61,499$1,037$202,009
Fees for Services Other-$120,918$23,400$144,318
Fees for Services Legal-$128,632-$128,632
Payroll Taxes$86,463$38,125$643$125,231
Occupancy$64,567$28,366$585$93,518
Fees for Services Accounting-$50,275-$50,275
Other Expenses$12,892$4,884$100$17,876
Depreciation Depletion$4,832$2,123$43$6,998
Total Functional Expenses$12,222,114$1,131,569$65,901$13,419,584

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,419,584
Expenses per Audited Statements$12,802,167
Total Expenses per Audited Statements$12,802,167
Expenses Not Reported on Financial Statements$617,417
Other Expense Adjustments$617,417
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities Current$74,080
Lease Liabilities Non-current$68,645
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
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Huber
Formed
1988
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
18
Volunteers
20

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“Income from passthroughs - k-1's received 77,726. Cecl adoption adjustments -763,583.”

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 netted against income on the afs -615,642. Other expenses netted against income on the afs -1,775.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Loss from investments in partnerships not reflected on the afs -77,726.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Interest expense netted against income on the afs 615,642. Other expenses netted against income on the afs 1,775.”

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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 35 YEARS, LOCAL FINANCIAL INSTITUTIONS, FOUNDATIONS, SOCIALLY MOTIVATED INVESTORS, AND LOCAL AND FEDERAL GOVERNMENTS HAVE ALL CONTRIBUTED TO CDF'S SOURCES OF CAPITAL. THESE ORGANIZATRIONS 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 THESE ORGANIZATIONS 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 $493 MILLION IN LOANS RESULTING IN THE CREATION OF MORE THAN 7,000 UNITS OF HOUSING. CDF FOCUSES ON LENDING IN LOW INCOME COMMUNITIES WHERE NEED AND IMPACT ARE THE GREATEST.CDF IS AN EQUAL OPPORTUNITY PROVIDER.
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IRS990/Form990PartVIISectionAGrp/PersonNm16JENNIFER LARKINS
IRS990/Form990PartVIISectionAGrp/PersonNm17JEANNE GOLLIHER TERM 1223
IRS990/Form990PartVIISectionAGrp/PersonNm18ROBIE SUGGS TERM 41423
IRS990/Form990PartVIISectionAGrp/PersonNm19ANGELA GINTY TERM 43023
IRS990/Form990PartVIISectionAGrp/PersonNm20SARA SHEETS
IRS990/Form990PartVIISectionAGrp/PersonNm21MORAG ADLON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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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
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15222680
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16202706
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17125000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1871971
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1985000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20131866
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21142199
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/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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/TitleTxt15GEN. COUNSEL/CHIEF STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt17CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIR. OF STRATEGIC INITIATIVES
IRS990/Form990PartVIISectionAGrp/TitleTxt21SENIOR LOAN OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0102060
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt011488424
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01250000
IRS990/GrossReceiptsAmt019557410
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0615642
IRS990/InterestGrp/TotalAmt0615642
IRS990/InvestmentIncomeGrp/ExclusionAmt0705805
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0705805
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04497450
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04094421
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05163053
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05136604
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0210879
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021950
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012865
IRS990/LandBldgEquipCostOrOtherBssAmt0223744
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01147940
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0-77844
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-77844
IRS990/MissionDesc0TO DRIVE COMMUNITY REVITALIZATION BY PROVIDING CAPITAL ACCESS AND TECHNICAL ASSISTANCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt030286792
IRS990/NetAssetsOrFundBalancesEOYAmt034590821
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0102060
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0102060
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt030286792
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt034590821
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0585
IRS990/OccupancyGrp/ManagementAndGeneralAmt028366
IRS990/OccupancyGrp/ProgramServicesAmt064567
IRS990/OccupancyGrp/TotalAmt093518
IRS990/OfficeExpensesGrp/FundraisingAmt01893
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt091899
IRS990/OfficeExpensesGrp/ProgramServicesAmt0209181
IRS990/OfficeExpensesGrp/TotalAmt0302973
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09016167
IRS990/OtherAssetsTotalGrp/EOYAmt08949027
IRS990/OtherChangesInNetAssetsAmt0-685857
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01037
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt061499
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0139473
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0202009
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2PROGRAM NMTC EXPENSE
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/FundraisingAmt028000
IRS990/OtherExpensesGrp/FundraisingAmt1100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04884
IRS990/OtherExpensesGrp/ProgramServicesAmt05134807
IRS990/OtherExpensesGrp/ProgramServicesAmt14296238
IRS990/OtherExpensesGrp/ProgramServicesAmt2286297
IRS990/OtherExpensesGrp/ProgramServicesAmt312892
IRS990/OtherExpensesGrp/TotalAmt05134807
IRS990/OtherExpensesGrp/TotalAmt14296238
IRS990/OtherExpensesGrp/TotalAmt2314297
IRS990/OtherExpensesGrp/TotalAmt317876
IRS990/OtherLiabilitiesGrp/BOYAmt0209138
IRS990/OtherLiabilitiesGrp/EOYAmt0142725
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
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IRS990/OtherRevenueMiscGrp/BusinessCd2900001
IRS990/OtherRevenueMiscGrp/Desc0INCOME FROM K-1: CITYWIDE CINCINN
IRS990/OtherRevenueMiscGrp/Desc1INCOME FROM K-1: CITYWIDE CINCINN
IRS990/OtherRevenueMiscGrp/Desc2INCOME FROM K-1: CITYWIDE CINCINN
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt133
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt229
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt056
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt133
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt229
IRS990/OtherRevenueTotalAmt0-77726
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04425
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0262388
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0595065
IRS990/OtherSalariesAndWagesGrp/TotalAmt0861878
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt029888724
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt041253767
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0643
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt038125
IRS990/PayrollTaxesGrp/ProgramServicesAmt086463
IRS990/PayrollTaxesGrp/TotalAmt0125231
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt061905
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt079779
IRS990/PrincipalOfficerNm0JOE HUBER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900001
IRS990/ProgramServiceRevenueGrp/BusinessCd1900001
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICING FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05018023
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11053077
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05018023
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11053077
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04981277
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0143407
IRS990/PYOtherExpensesAmt02719819
IRS990/PYOtherRevenueAmt0-80241
IRS990/PYProgramServiceRevenueAmt05265244
IRS990/PYRevenuesLessExpensesAmt05418933
IRS990/PYSalariesCompEmpBnftPaidAmt02170935
IRS990/PYTotalExpensesAmt04890754

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$89,298,579
Liabilities
$54,707,758
Net assets
$34,590,821
Revenue
$18,409,470
Expenses
$13,419,584
Net income
$4,989,886
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
2024Detailed filing. Detailed filing data is available for this year.$89.3$54.7$34.6$18.4$13.4$4.99
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
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