Evernorth Loan Fund Inc logo

Evernorth Loan Fund Inc

BURLINGTON, VT EIN: 03-0315075 Website

THE MISSION OF EVERNORTH LOAN FUND IS TO PRODUCE PERMANENTLY AFFORDABLE HOUSING AND ENABLE INVESTMENTS IN ECONOMIC AND COMMUNITY DEVELOPMENT TO BENEFIT VERMONTERS THROUGH PARTNERSHIPS WITH COMMUNITIES AND THE PRIVATE SECTOR.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.1M

+63.5% YoY

Revenue

$9.7M

+713.3% YoY

Net Investment Income

$386K

+157.6% YoY

Expenses

$716K

+24.0% YoY

About Evernorth Loan Fund Inc

Based on IRS filings

Evernorth Loan Fund Inc is a nonprofit organization focused on Housing & Shelter, based in BURLINGTON, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.1M in total assets. Net investment income was $386K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

BarreColumbus

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$11M20202021202220232024
Metric202420232022
Total Assets$28,141,496$17,211,570$16,980,601
Revenue$9,692,413$1,191,774$1,512,409
Expenses$715,701$577,392$740,477
Qualifying Distributions
Net Investment Income$385,974$149,846$75,616
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K2 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Evernorth Loan Fund Inc

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

NameTitleHoursCompensation
CHARLIE BAKERCHAIR1
KARA SWEENEYVICE CHAIR1
KARYN HALEASST TREASURER1
CULLEN RYANSECRETARY1
AMY DEMETROWITZBOARD MEMBER1
DAVE BIRKHAHNBOARD MEMBER1
MICHAEL CLARKEBOARD MEMBER1
ANDREW WINTERBOARD MEMBER1
CHRIS MILLERBOARD MEMBER1
KELLY LAFLAMMEBOARD MEMBER1
MIKE ANTHONYBOARD MEMBER1
JOHN VOGELBOARD MEMBER1
ANNA ADACHI-MEJIABOARD MEMBER1
WALT GREINERBOARD MEMBER1
MARC LANDRYBOARD MEMBER (END 8/31/24)1
JANET SPITLERTREASURER (END 12/31/24)1
NANCY OWENSPRESIDENT1
WILLIAM ERIC SCHMITTCOO1
CYNTHIA LACASSEEXECUTIVE VP & CPO1
KATHY BEYERVP REAL ESTATE1
ELIZABETH WAGNER-BOUTINVP COMMUNITY INVESTMENTS1
SHERRIN VAILVP ASSET MANAGEMENT & PORTFOLIO INITIATIVES1
JENNIFER OGDENVP HR & ORG. DEVELOPMENT1
PAUL OTTOSONDIRECTOR OF CAPITAL MANAGEMENT1
JULIA MORGANDIRECTOR OF COMMUNITY INVESTMENT RISK MANAGEMENT1
MICHAEL SPRAGUEDIRECTOR OF ASSET MANAGEMENT1
AMY DOHNERPROJECT MANAGEMENT1
DAVID GRAVESCONTROLLER1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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