Catalytic Development Funding Corp of

COVINGTON, KY EIN: 26-3389252 Website

1. IMPROVE QUALITY OF LIFE AND ENVIRONMENT; 2. INCREASE ECONOMIC OPPORTUNITY FOR COMMUNITY RESIDENTS; 3. PROVIDE AFFORDABLE HOUSING CHOICES; 4. ATTRACT AMENITIES THAT ENHANCE COMMUNITY VIBRANCY; 5. GROW LOCAL TAX BASE; 6. CONTRIBUTE TO REGIONAL ECONOMIC DEVELOPMENT.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$29.9M

+8.9% YoY

Annual Giving

$1.5M

Grant Count

5

Avg Grant Size

$293K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20202021202220232024
Metric202420232022
Total Assets$29,906,477$27,471,423$20,725,291
Revenue$5,241,748$2,578,550$2,528,032
Expenses$3,392,675$1,212,274$1,667,768
Qualifying Distributions
Net Investment Income$1,266,699$710,272$460,150
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$366K$732K$1M$1M3 grants20205 grants20213 grants20220 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

ONENKY ALLIANCE$1.0MNORTHERN KENTUCKY PORT A…$383KFEDDERS CONSTRUCTION LLC$36KBLUE BRIDGE HOLDINGS LLC$25KCOTE BRILLIANTE VENTURES…$17K

Grant Size Distribution

16 grants across all recorded years

13<$50K$50–100K1$100–250K1$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Catalytic Development Funding Corp of fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JEANNE SCHROERPRESIDENT & CEO$310KJOSEPH KLARECHIEF OPERATING OFFICER$230KTRAVIS GYSEGEMDIRECTOR OF RESEARCH & UNDER…$110K

From 2024 filing

NameTitleHoursCompensation
JEANNE SCHROERPRESIDENT & CEO40$310,000
CHARLES SCHEPERCHAIRMAN0.5
MARTIN BUTLERVICE CHAIRMAN0.5
MARTHA SKELTONSECRETARY0.5
MARK CAESARTREASURER0.5
THOMAS ALLENDIRECTOR0.5
GENE BARBERDIRECTOR0.5
MARK BICKERDIRECTOR0.5
BRIAN FINLEYDIRECTOR0.5
ROBERT LAMOTHEDIRECTOR0.5
BOB LUEBBEDIRECTOR0.5
BERNIE MCKAYDIRECTOR0.5
JASON PAYNEDIRECTOR0.5
MATTHEW RANDAZZODIRECTOR0.5
LEE SCHEBENDIRECTOR0.5
JIM UEBELDIRECTOR0.5
PAM WEBERDIRECTOR0.5
RHONDA WHITAKER-HURTTDIRECTOR0.5
RICK WIRTHLINDIRECTOR0.5
WILL WOODWARDDIRECTOR0.5
BRUNO GIACOMUZZIDIRECTOR (THRU 1/2024)0.5
SCOTT SMITHDIRECTOR (THRU 4/2024)0.5
JOSEPH KLARECHIEF OPERATING OFFICER40$230,000
TRAVIS GYSEGEMDIRECTOR OF RESEARCH & UNDERWRITING40$110,000

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Cold SpringCovingtonCrescent SpringsFt ThomasLouisvilleLudlowNewport

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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