COMMUNITY REINVESTMENT FUND INC
801 NICOLLET MALL 1700W, MINNEAPOLIS, MN 554022903 www.crfusa.com

Total Revenue
$53,118,127
Total Expenses
$32,885,047
Net Assets
$22,191,084

Organizations Filed Purposes: TO EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS.

LENDING - AS A NONPROFIT, MISSION DRIVEN ORGANIZATION, COMMUNITY REINVESTMENT FUND (CRF) PROVIDES OTHERWISE UNAVAILABLE LOAN CAPITAL TO COMMUNITIES, SMALL BUSINESSES, ENTREPRENEURS, NONPROFIT ORGANIZATIONS AND HOUSING ORGANIZATIONS. DURING THE FISCAL YEAR 2020, CRF PROVIDED FINANCING TOTALING $189 MILLION IN 11 STATES. THE LOANS PROVIDED BY CRF RESULTING IN THE CREATION OR RETENTION OF MORE THAN 800 JOBS.

LOAN SERVICING - CRF IS A NATIONAL STANDARD & POOR'S-RATED LOAN SERVICER THAT SPECIALIZES IN PROVIDING HIGH-TOUCH, CUSTOMIZED SERVICE. WITH MORE THAN 20 YEARS OF EXPERIENCE, CRF FOCUSES ON SERVICING NON-TRADITIONAL LOAN PORTFOLIOS AND SERVING MISSION-ALIGNED ORGANIZATIONS. DURING THE 2020 FISCAL YEAR, CRF PROVIDED CONTRACT LOAN SERVICING FOR 59 COMMUNITY DEVELOPMENT LENDERS, REPRESENTING A VOLUME OF APPROXIMATELY 6,800 LOANS TOTALING $731 MILLION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Frank AltmanCEO40$374,038
Gary HolmquistREGIONAL DIRECTOR OF BUSINESS DEVELOPMENT40$287,071
Jennifer AndersonPRESIDENT AND CFO40$265,000
Keith RacheySVP AND CHIEF IMPACT OFFICER40$229,540
Jennifer NovakSVP CAPITAL MARKETS40$226,936
Judith JandroSVP SMALL BUSINESS LENDING40$208,867
Nicholas EldersSENIOR VP TECHNOLOGY PLATFORMS40$202,523
Michelle PageVP LOAN SERVICING40$202,048
Daniel KomarekSVP AND CRO40$195,000
Jennifer EricsonREGIONAL DIRECTOR OF BUSINESS DEVELOPMENT40$186,450
Eric ChapinGENERAL COUNSEL40$183,708
Erik MauPRINCIPAL ARCHITECT40$165,743
Debra MounseyVP OF HUMAN RESOURCES40$164,565
Peter BernaciakVP OF STRUCTURED FINANCE40$153,172
Patrick DavisVP OF PROGRAM STRATEGY AND DEVELOPMENT40$148,574
Daniel SpillerTRUSTEE1$0
Kathryn RockTRUSTEE1$0
Andrew PosnerTRUSTEE1$0
Willie F LoganTRUSTEE1$0
Kimberly Lattimer-NelliganTRUSTEE1$0
William KuglerTRUSTEE1$0
Calvin HolmesTRUSTEE1$0
Donet GravesTRUSTEE1$0
Tony BrownTRUSTEE1$0
Gavin BorowiakTRUSTEE1$0
Michael BannerTRUSTEE1$0
David AdameTRUSTEE1$0
Steven KentTREASURER1$0
Eileen FitzgeraldTREASURER1$0
Laura TrudeauSECRETARY1$0
Salli MartyniakSECRETARY1$0
Luther Ragin JrVICE CHAIR1$0
Reza AghamirzadehCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100819349300815_public.xml