Public Charity

EVERNORTH LOAN FUND INC

EVERNORTH LOAN FUND INC, of BURLINGTON, VT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $9.7M in revenue, $716K in expenses, $28.1M in total assets. 4 publicly reported grants to this organization, totaling roughly $9.5M, appear in IRS filings.

EIN: 030315075 BURLINGTON, VT Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$9.7M
Total Expenses$716K
Total Assets$28.1M
Grant Records4
Funding Total$9.5M
Filing Years2019–2024

Mission

THE MISSION OF EVERNORTH LOAN FUND IS TO PRODUCE PERMANENTLY AFFORDABLE HOUSING AND ENABLE INVESTMENTS IN ECONOMIC AND COMMUNITY DEVELOPMENT TO BENEFIT VERMONTERS THROUGH PARTNERSHIPS WITH COMMUNITIES AND THE PRIVATE SECTOR.

Where $100 goes at Evernorth Loan Fund Inc

How Evernorth Loan Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$93
Fostering low-income housing, and community development, alleviation and preventation of community deterioration through the production and rehabilitation of affordable housing as provided in internal revenue service revenue procedure…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Amy Demetrowitz
PROJECT MANAGEMENT Amy Dohner
BOARD MEMBER Andrew Winter
BOARD MEMBER Anna Adachi-Mejia
CHAIR Charlie Baker
BOARD MEMBER Chris Miller

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,395,000 2 grants
Arts & Culture
$87,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $9.7M $716K $28.1M
2023 $1.2M $577K $17.2M
2022 $1.5M $740K $17.0M
2020 $4.3M $5.0M $14.8M
2019 $6.6M $5.9M $13.2M

Between 2019 and 2024, reported annual revenue grew from $6.6M to $9.7M (+47%), with total assets most recently reported at $28.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for EVERNORTH LOAN FUND INC

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