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
Among its reported 2024 grants, the largest include Opportunity Resource Fund ($166,667), Accompany Capital Inc ($18,750), Ascendus Inc ($18,750).
| Recipient | Purpose | Amount |
|---|---|---|
| OPPORTUNITY RESOURCE FUND LANSING, MI | OPERATING SUPPORT | $166,667 |
| ACCOMPANY CAPITAL INC NEW YORK, NY | OPERATING SUPPORT | $18,750 |
| ASCENDUS INC NEW YORK, NY | OPERATING SUPPORT | $18,750 |
| BOC CAPITAL CORP BROOKLYN, NY | OPERATING SUPPORT | $18,750 |
| HARLEM ENTREPRENEURIAL FUND LLC NEW YORK, NY | OPERATING SUPPORT | $18,750 |
| NDC COMMUNITY IMPACT LOAN FUND NEW YORK, NY | OPERATING SUPPORT | $18,750 |
| NYBOC LOCAL DEVELOPMENT CORPORATION DBA PURSUIT COMMUNITY FINANCE ALBANY, NY | OPERATING SUPPORT | $18,750 |
| RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION NEW YORK, NY | OPERATING SUPPORT | $18,750 |
| TRUFUND FINANCIAL SERVICES INC NEW YORK, NY | OPERATING SUPPORT | $18,750 |
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
Frequently Asked Questions
What is Community Reinvestment Fund Inc?
Community Reinvestment Fund Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. It holds $190.0M in total assets as of 2024.
How large is Community Reinvestment Fund Inc?
As of 2024, Community Reinvestment Fund Inc holds $190.0M in total assets with $35.7M in annual revenue. It awarded 9 grants totaling $317K in 2024.
Where does Community Reinvestment Fund Inc operate?
Community Reinvestment Fund Inc has awarded grants in Michigan, Minnesota, New York.
What size grants does Community Reinvestment Fund Inc award?
In 2024, Community Reinvestment Fund Inc awarded 9 grants totaling $317K — an average of about $35K per grant, based on its IRS Form 990 filings.
What is Community Reinvestment Fund Inc's EIN?
Community Reinvestment Fund Inc's EIN (Employer Identification Number) is 41-1616861. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Community Reinvestment Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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