Community Reinvestment Fund Inc
TO IMPROVE LIVES AND STRENGTHEN COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$190.0M
-1.6% YoY
Annual Giving
$317K
-45.4% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$35K
-39.4% YoY
About Community Reinvestment Fund Inc
Based on IRS filings
Community Reinvestment Fund Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $190.0M in total assets. In 2024, it awarded 9 grants totaling $317K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $189,995,061 | $193,075,984 | $166,360,640 |
| Revenue | $35,726,052 | $55,474,462 | $38,368,250 |
| Expenses | $32,849,855 | $45,512,446 | $32,918,771 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | $8,568,393 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER ANDERSON | CHIEF ADMIN OFFICER THRU 3/24 | 40 | $453,974 |
| KEITH RACHEY | EVP CHIEF IMPACT OFFICER THRU 6/23 | 40 | $415,450 |
| MATTHEW ROTH | CEO & PRESIDENT AS OF 3/23 | 40 | $298,558 |
| JENNIFER NOVAK | SVP CDFI LENDING PROGRAMS | 40 | $247,434 |
| PAUL TREMEWAN | SVP & CHIEF FINANCIAL OFFICER | 40 | $220,408 |
| JENNIFER ERICSON | VP OF LENDING | 40 | $218,805 |
| CHARITY VICKERS | SVP & CHIEF PEOPLE OFFICER | 40 | $215,000 |
| PATRICK DAVIS | SVP PLATFORM & TECH SERVICES | 40 | $212,501 |
| ERIC CHAPIN | SVP GENERAL COUNSEL | 40 | $211,195 |
| FRANK ALTMAN | CEO THRU 7/23 | 40 | $210,007 |
| SANDRA DELANCY | SENIOR DIRECTOR OF EDMA | 40 | $185,906 |
| TASHA PARKER | VP BUSINESS OPERATIONS | 40 | $183,138 |
| ERIK O'LEARY | PRINCIPAL ARCHITECT | 40 | $182,031 |
| KINFE ARGAW | SVP CHIEF CREDIT OFFICER | 40 | $179,701 |
| ANNA BURGETT | SENIOR ASSOCIATE GENERAL COUNSEL | 40 | $177,545 |
| SIMON MCNEIL | SVP & COO THRU 6/23 | 40 | $177,131 |
| KATELYN BEDNARSKI | SVP CHIEF OF STAFF | 40 | $170,934 |
| ALEXIS DISHMAN | SVP CHIEF LEND. OFFICER AS OF 7/23 | 40 | $85,896 |
| JUDITH JANDRO | SVP SMALL BUS. LENDING THRU 2/23 | 40 | $62,652 |
| BRANDON DIXON | SVP CHIEF CREDIT OFFICER THRU 2/23 | 40 | $39,235 |
| DANIEL SPILLER | CHAIR | 1 | — |
| STEVE KENT | TREASURER | 1 | — |
| LAURA TRUDEAU | SECRETARY | 1 | — |
| REZA AGHAMIRZADEH | TRUSTEE | 1 | — |
| CHRYSTEL CORNELIUS | TRUSTEE | 1 | — |
| CALVIN HOLMES | TRUSTEE AS OF 10/23 | 1 | — |
| BILL KRUGLER | TRUSTEE | 1 | — |
| TONY BROWN | TRUSTEE | 1 | — |
| KATHY ROCK | TRUSTEE | 1 | — |
| RUBEN ALONSO | TRUSTEE | 1 | — |
| JEANINE JACOKES | TRUSTEE | 1 | — |
| GAVIN BOROWIAK | TRUSTEE | 1 | — |
| LUTHER RAGIN JR | TRUSTEE | 1 | — |
| JIE WANG | TRUSTEE AS OF 6/24 | 1 | — |
| DAVID ADAME | TRUSTEE THRU 10/23 | 1 | — |
| WILLIE LOGAN | TRUSTEE THRU 1/24 | 1 | — |
| JACQUELINE WOODS | TRUSTEE THRU 6/24 | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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