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.
Financial Overview
From 2024 IRS Form 990-PF · 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
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 | — | — | — |
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.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BECKY CHRISTOFFERSEN | PRESIDENT | 2 | — |
| JAVONNI BUTLER | VICE PRESIDENT | 1 | — |
| RANDY ILICH | TREASURER | 2 | — |
| MICAH HALVERSON | SECRETARY | 1 | — |
| MARK OCONNOR | PAST PRESIDENT | 2 | — |
| KRISTI BUDISH | BOARD MEMBER | 0.5 | — |
| KRISTIN CANDELLA | BOARD MEMBER | 0.5 | — |
| RENEE GALLEGOS | BOARD MEMBER | 0.5 | — |
| DAN KUSEL | BOARD MEMBER | 0.5 | — |
| JENN LOPEZ | BOARD MEMBER (THRU 12/4/24) | 0.5 | — |
| ANNIE PERIZZOLO | BOARD MEMBER | 2 | — |
| JOHN PIKE | BOARD MEMBER (THRU 12/4/24) | 0.5 | — |
| BRIAN ROSSBERT | BOARD MEMBER | 0.5 | — |
| MARY STEGNER | BOARD MEMBER | 0.5 | — |
| MEGAN FERGUSON | CEO (AS OF 07/24) | 40 | $236,107 |
| SEAN DOHERTY | CEO (THRU 07/24) | 40 | $123,129 |
| ERICA MADISON | CHIEF LENDING OFFICER | 40 | $168,071 |
| GINA WINTERHALDER | CONTROLLER | 40 | $144,974 |
| AARON FERGUSON | CHIEF CONSTRUCTION OFFICER | 40 | $137,157 |
| CONNIE EALEY | CHIEF COMPLIANCE OFFICER | 40 | $137,111 |
| EMILY NILSEN | CHIEF PROGRAMS OFFICER | 40 | $123,722 |
| RACHEL TWEEDY | CHIEF OPERATING OFFICER | 40 | $124,785 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Impact Development Fund?
As of 2024, Impact Development Fund holds $152.5M in total assets with $35.2M in annual revenue.
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.
Explore Open Grants
Browse active grant opportunities in Impact Development Fund'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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