Evernorth Loan Fund Inc
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.
Evernorth Loan Fund Inc at a glance
- Total assets
- $28,141,496
- +63.5% vs 2023
- Revenue (2024)
- $9,692,413
- +713.3% vs 2023
- Net investment income (2024)
- $385,974
- +157.6% vs 2023
- Expenses (2024)
- $715,701
- +24.0% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Evernorth Loan Fund Inc
Open Grants
1 open opportunity from Evernorth Loan Fund Inc
Who Evernorth Loan Fund Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vermont Foodbank Barre, VT | Support Hunger Relief | $10,000 |
| The National Association of State and Local Equity Funds Columbus, OH | Advocacy of Affordable Housing Development | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $28,141,496 | $9,692,413 | $715,701 | — | — | $385,974 |
| 2023 | $17,211,570 | $1,191,774 | $577,392 | — | — | $149,846 |
| 2022 | $16,980,601 | $1,512,409 | $740,477 | — | — | $75,616 |
| 2021 | $15,343,531 | $1,936,135 | $1,006,712 | — | — | $61,970 |
| 2020 | $14,824,024 | $4,290,249 | $4,964,751 | $20,000 | 2 | $70,887 |
About Evernorth Loan Fund Inc
Based on IRS filings
Evernorth Loan Fund Inc is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
Evernorth Loan Fund Inc is led by Nancy Owens, President since 2023 (on filings since 2020); none of the 28 officers listed in 2024 report compensation.
Officers on the 2024 filing
Nancy Owens
President
President → Co-President, 2021
Co-President → President, 2023
On filings since 2020
1 hr/week
$190K (2020) → $0 (2024)
Charlie Baker
Chair
Board Member → Secretary, 2022
Secretary → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Julia Morgan
Director of Community Investment Risk Management
New on the 2024 filing
1 hr/week
No compensation reported
Michael Sprague
Director of Asset Management
New on the 2024 filing
1 hr/week
No compensation reported
Paul Ottoson
Director of Capital Management
New on the 2024 filing
1 hr/week
No compensation reported
Elizabeth Wagner-Boutin
Vice President Community Investments
Vice President - Community Investments → Vice President Community Investments, 2024
On filings since 2020
1 hr/week
$109K (2020) → $0 (2024)
Janet Spitler
Treasurer
Chief Financial Officer → Treasurer, 2022
On filings since 2020
1 hr/week
$151K (2020) → $0 (2024)
Kathy Beyer
Vice President Real Estate
Vice President - Development → Vice President Real Estate, 2024
On filings since 2020
1 hr/week
$143K (2020) → $0 (2024)
Amy Demetrowitz
Board Member
On filings since 2020
1 hr/week
No compensation reported
Andrew Winter
Board Member
On filings since 2020
1 hr/week
No compensation reported
Chris Miller
Board Member
On filings since 2020
1 hr/week
No compensation reported
Cullen Ryan
Secretary
Co-Chair → Secretary, 2023
On filings since 2020
1 hr/week
No compensation reported
Dave Birkhahn
Board Member
On filings since 2020
1 hr/week
No compensation reported
John Vogel
Board Member
Co-Chair → Board Member, 2023
On filings since 2020
1 hr/week
No compensation reported
Kara Sweeney
Vice Chair
Board Member → Treasurer, 2022
Treasurer → Vice Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Karyn Hale
Assistant Treasurer
Board Member → Assistant Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Kelly Laflamme
Board Member
On filings since 2020
1 hr/week
No compensation reported
Marc Landry
Board Member
Secretary → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Michael Clarke
Board Member
On filings since 2020
1 hr/week
No compensation reported
Walt Greiner
Board Member
On filings since 2020
1 hr/week
No compensation reported
Sherrin Vail
Vice President Asset Management & Portfolio Initiatives
Vice President → Vice President Asset Management & Portfolio Initiatives, 2024
On filings since 2021
1 hr/week
No compensation reported
Mike Anthony
Board Member
On filings since 2022
1 hr/week
No compensation reported
Anna Adachi-Mejia
Board Member
On filings since 2023
1 hr/week
No compensation reported
Amy Dohner
Project Management
New on the 2024 filing
1 hr/week
No compensation reported
Cynthia Lacasse
Executive Vice President & Cpo
New on the 2024 filing
1 hr/week
No compensation reported
David Graves
Controller
New on the 2024 filing
1 hr/week
No compensation reported
Jennifer Ogden
Vice President Hr & Org. Development
New on the 2024 filing
1 hr/week
No compensation reported
William Eric Schmitt
COO
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (7)
- Former: W. Eric Schmitt (2020–2023) — Vice President & Asset Mana
- Former: William Shanahan (2020–2023) — Co-President
- Former: Deborah Flannery (2022–2023) — Vice President
- Former: Jennifer Odgen (2023) — Vice President
- Former: Art Casavant (2020–2021) — Treasurer
- Former: Holly Burbank (2020–2021) — Vice President
- Former: Jan McCormick (2020) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $190K, to Nancy Owens (President). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Evernorth Loan Fund Inc
How large is Evernorth Loan Fund Inc?
Evernorth Loan Fund Inc reported $28.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $9.7M.
What is Evernorth Loan Fund Inc?
Evernorth Loan Fund Inc is a public charity focused on Housing & Shelter, based in Burlington, VT. It holds $28.1M in total assets as of 2024.
Where does Evernorth Loan Fund Inc operate?
Evernorth Loan Fund Inc has awarded grants in Ohio, Vermont.
What is Evernorth Loan Fund Inc's EIN?
Evernorth Loan Fund Inc's EIN (Employer Identification Number) is 03-0315075. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 9, 2021)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Evernorth Loan Fund Inc's focus areas in our free grants database
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Evernorth Loan Fund Inc down — hundreds of funders to go?