Impact Development Fund
Impact development fund helps people within our underserved communities seek fulfillment for themselves and their families by providing access to affordable living. We create these opportunities by delivering flexible capital to nonprofit organizations, developers, individuals, and others who support the underserved.
Key facts about Impact Development Fund
- EIN
- 84-1505466
- Latest 990 filing
- Form 990 filing, 2024
- Total assets
- $152,478,404
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$152.5M
+20.8% YoY
Revenue
$35.2M
+170.8% YoY
Net Investment Income
$1.6M
+117.1% YoY
Expenses
$10.9M
+52.4% YoY
About Impact Development Fund
Based on IRS filings
Impact Development Fund is a nonprofit organization focused on Housing & Shelter, based in Loveland, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $152.5M in total assets. Net investment income was $1.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $152,478,404 | $126,217,919 | $115,033,331 |
| Revenue | $35,219,885 | $13,003,579 | $5,955,090 |
| Expenses | $10,869,545 | $7,133,076 | $4,118,790 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,617,605 | $745,103 | $601,842 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Impact Development Fund is led by Megan Ferguson, CEO since 2024 (on filings since 2020); 8 of 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Megan Ferguson
CEO
Deputy Executive Director → Deputy Chief Executive Officer, 2023
Deputy Chief Executive Officer → CEO, 2024
On filings since 2020
40 hrs/week
$107K (2020) → $236K (2024)
Sean Doherty
CEO
Executive Director → Chief Executive Officer, 2023
Chief Executive Officer → CEO, 2024
On filings since 2020
40 hrs/week
$143K (2020) → $123K (2024)
Becky Christoffersen
President
Board Member → Vice President, 2022
Vice President → President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Aaron Ferguson
Chief Construction Officer
Construction Manager → Chief Construction Officer, 2024
On filings since 2023
40 hrs/week
$108K (2023) → $137K (2024)
Connie Ealey
Chief Compliance Officer
On filings since 2023
40 hrs/week
$109K (2023) → $137K (2024)
Erica Madison
Chief Lending Officer
On filings since 2023
40 hrs/week
$132K (2023) → $168K (2024)
Gina Winterhalder
Controller
Finance Manager → Controller, 2024
On filings since 2023
40 hrs/week
$130K (2023) → $145K (2024)
Rachel Tweedy
Chief Operating Officer
On filings since 2023
40 hrs/week
$101K (2023) → $125K (2024)
Emily Nilsen
Chief Programs Officer
New on the 2024 filing
40 hrs/week
$124K (2024)
John Pike
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Kristin Candella
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Mark Oconnor
Past President
Vice President → President, 2022
President → Past President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Micah Halverson
Secretary
Board Member → Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Randy Ilich
Treasurer
Board Member → Treasurer, 2021
On filings since 2020
2 hrs/week
No compensation reported
Annie Perizzolo
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Mary Stegner
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Brian Rossbert
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Renee Gallegos
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Dan Kusel
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Javonni Butler
Vice President
On filings since 2023
1 hr/week
No compensation reported
Kristi Budish
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Jenn Lopez
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (10)
- Former: Beth Truby (2020–2023) — Board Member Left
- Former: Stephen Wessler (2021–2023) — Board Member Left
- Former: Khanh Nguyen (2020–2022) — Board Member
- Former: Debra Bustos (2020–2021) — Secretary
- Former: Elena Wilkin (2020–2021) — Board Member
- Former: Nate Clyncke (2020–2021) — Board Member
- Former: Scott Horton (2020–2021) — President
- Former: Joe Rowan (2020) — Commercial Lending Manager
- Former: Laura Brudzynski (2020) — Board Member
- Former: Paul Bunyard (2020) — Treasurer
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 2024 IRS filing
Frequently asked questions about Impact Development Fund
How large is Impact Development Fund?
Impact Development Fund reported $152.5M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $35.2M.
What is Impact Development Fund?
Impact Development Fund is a nonprofit organization focused on Housing & Shelter, based in Loveland, CO. It holds $152.5M in total assets as of 2024.
Where does Impact Development Fund operate?
Impact Development Fund has awarded grants in Colorado.
What is Impact Development Fund's EIN?
Impact Development Fund's EIN (Employer Identification Number) is 84-1505466. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Impact Development Fund by hand.
Explore Open Grants
Browse active grant opportunities in Impact Development Fund's focus areas in our free grants database
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Impact Development Fund down — hundreds of funders to go?