Public Charity

Cleveland Development Advisors Community Reinvestment Fund Inc

Cleveland Development Advisors Community Reinvestment Fund Inc is a nonprofit organization categorized as Public Charity based in Cleveland, OH. Its most recent IRS filing (2024) reports revenue of $7.4M, expenses of $3.9M, total assets of $49.3M. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $580K.

EIN: 461051875 Cleveland, OH Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$7.4M
Total Expenses$3.9M
Total Assets$49.3M
Grant Records6
Funding Total$580K
Filing Years2019–2024

Mission

To build inclusive and thriving neighborhoods in Northeast Ohio by providing innovative financing solutions and technical assistance to catalytic real estate and business development projects. In carrying out this mission, CDA-CRF shall be operated exclusively for religious, charitable, scientific, literary or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended.

Where $100 goes at Cleveland Development Advisors Community Reinvestment Fund Inc

How Cleveland Development Advisors Community Reinvestment Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$96 Programs the work itself
$4 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 $96 for programs

$47
Management Services:CDA-CRF provides management services to Cleveland Development Advisors, Inc
48% of program spending · Reported in the filing: 8,100 units; 80 jobs; 5,000 children
$23
Loans:The Organization began lending activity in 2017 utilizing its cash resources generated from successfully managing CDA Investment Funds and leveraging those funds to create greater impact in the…
24% of program spending
$14
Development Services:Since 2019, CDA-CRF has focused on strengthening partnerships with community development corporations, developers, and other stakeholders to initiate a city-wide collaborative to support and advance emerging developers…
15% of program spending · Reported in the filing: 15 participants

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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

Director Brian Williams
Director David Jenkins
Director Debbie Berry
Director Jeff Epstein
Director Jeffrey J Wild
Director Keisha Gonzalez

Officer compensation and complete director data available with membership.

Top Grant Purposes

Civil Rights & Social Justice
$350,000 2 grants
General Support
$50,000 1 grant
Economic Development
$30,000 1 grant
Unspecified
$150,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.4M $3.9M $49.3M
2023 $9.9M $4.4M $46.1M
2022 $4.3M $3.5M $34.5M
2020 $2.9M $2.9M $21.3M
2019 $7.9M $2.5M $20.1M

Between 2019 and 2024, reported annual revenue declined from $7.9M to $7.4M (-7%), with total assets most recently reported at $49.3M.

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

See the full picture for Cleveland Development Advisors Community Reinvestment Fund Inc

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