Public Charity

CINNAIRE LENDING CORPORATION

Based in LANSING, MI, CINNAIRE LENDING CORPORATION operates as a Public Charity. The organization reported $19.3M in revenue, $13.2M in expenses, $157.3M in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $4.2M.

EIN: 383666288 LANSING, MI Housing Support NTEE: L80 Latest filing: 2024

Total Revenue$19.3M

Total Expenses$13.2M

Total Assets$157.3M

Grant Records3

Funding Total$4.2M

Filing Years2019–2024

Mission

CINNAIRE LENDING (CL), ESTABLISHED IN 2002, IS A CERTIFIED CDFI AND HAS A MISSION TO RAISE AND DEPLOY CAPITAL TO SUPPORT THE DEVELOPMENT OF HEALTHY AND VIBRANT COMMUNITIES IN ORDER TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS OF THESE COMMUNITIES. THE END GOAL IS TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS OF THESE COMMUNITIES. CL PROVIDES PRE-DEVELOPMENT, ACQUISITION, BRIDGE LOANS, AND PERMANENT FINANCING FOR MULTI-FAMILY RENTAL COMMUNITIES THAT SERVE LOW- AND MODERATE-INCOME PERSONS INCLUDING SPECIAL NEEDS POPULATIONS. IN ADDITION TO ITS FINANCING PRODUCTS, CL SUPPORTS COMMUNITY DEVELOPMENT BY CONSULTING WITH DEVELOPERS ON UTILIZING ALL AVAILABLE FINANCING SOURCES TO ENSURE THE LONG-TERM VIABILITY OF DEVELOPMENTS. CL TARGETS ITS CONSULTING SERVICES TO NON-PROFIT ORGANIZATIONS TO HELP NON-PROFITS BE AN INTEGRAL PARTNER IN DEVELOPMENTS IN THEIR COMMUNITIES.

Where $100 goes at Cinnaire Lending Corporation

How Cinnaire Lending Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$82 Programs the work itself

$18 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 $82 for programs

$82

To deploy capital to underserved communities to fuel economic development and promote vibrant, healthy communities

All program spending

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.

Sample Grants Received

NATIONAL FISH AND WILDLIFE FOUNDATION

2024

CREATING NATURAL SPACES IN SOUTHEAST MICHIGAN

$148,307

NATIONAL FISH AND WILDLIFE FOUNDATION

2023

CREATING NATURAL SPACES IN SOUTHEAST MICHIGAN

$23,771

DELAWARE COMMUNITY INVESTMENT CORPORATION

2019

GRANT TO RELATED ORGANIZATION

$4,000,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

SECRETARY/TREASURER Adrian Brooks

DIRECTOR Akobe Sandy - Part Year

DIRECTOR Brett Macleod

CFO Brett Oumedian

DIRECTOR Jason Paulateer

DIRECTOR Josh Earn

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support

$4,000,000 1 grant

Unspecified

$172,078 2 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$19.3M	$13.2M	$157.3M
2023	$17.0M	$10.4M	$130.9M
2022	$12.7M	$9.6M	$102.2M
2020	$8.0M	$6.3M	$74.7M
2019	$8.0M	$3.9M	$55.6M

Between 2019 and 2024, reported annual revenue grew from $8.0M to $19.3M (+141%), with total assets most recently reported at $157.3M.

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

See the full picture for CINNAIRE LENDING CORPORATION

Complete financials, all 3 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports