Organizations Filed Purposes:
TO DRIVE COMMUNITY REVITALIZATION BY PROVIDING CAPITAL ACCESS AND TECHNICAL ASSISTANCE.
CINCINNATI DEVELOPMENT FUND (CDF) IS A NONPROFIT LENDING INSTITUTION ESTABLISHED IN 1988 TO FINANCE AFFORDABLE HOUSING DEVELOPMENT AND COMMUNITY REVITALIZATION IN THE GREATER CINCINNATI AREA. CDF'S MISSION IS TO PROVIDE INNOVATIVE REAL ESTATE FINANCING FOR PROJECTS THAT STRENGTHEN LOW-INCOME NEIGHBORHOODS AND IMPROVE LIVES.OVER THE PAST 30 YEARS, LOCAL FINANCIAL INSTITUTIONS, FOUNDATIONS, SOCIALLY MOTIVATED INVESTORS, AND LOCAL AND FEDERAL GOVERNMENTS HAVE ALL CONTRIBUTED TO CDF'S SOURCES OF CAPITAL. FINANCIAL INSTITUTIONS INVEST IN CDF BECAUSE OF OUR EXPERTISE IN EVALUATING COMPLEX LOAN APPLICATIONS WITH MULTIPLE FINANCING SOURCES. THIS EXPERIENCE MAKES IT EASIER AND MORE COST-EFFECTIVE FOR FINANCIAL INSTITUTIONS TO INVEST IN THE COMMUNITY. AN ADDED BENEFIT IS THAT FUNDS ARE ORGANIZED INTO LOAN POOLS THAT ENABLE LENDERS TO DIVERSIFY THEIR LOAN PORTFOLIOS AND SHARE THE RISK ON EACH LOAN WITH OTHER CDF PARTICIPANTS. CDF HAS ORIGINATED MORE THAN $425 MILLION IN LOANS RESULTING IN THE CREATION OF MORE THAN 6,000 UNITS OF HOUSING. CDF FOCUSES ON LENDING IN LOW INCOME COMMUNITIES WHERE NEED AND IMPACT ARE THE GREATEST.CDF IS AN EQUAL OPPORTUNITY PROVIDER.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Jeanne Golliher | PRESIDENT & CEO | 40 | $276,745 |
| Joseph R Huber | CHIEF OPERATING OFFICER | 40 | $195,967 |
| Angela Ginty | CHIEF ADMINISTRATIVE OFFICER | 40 | $167,906 |
| Dale Shafer | CHIEF FINANCIAL OFFICER | 40 | $144,167 |
| Stella Chang | CONTROLLER | 40 | $134,307 |
| David Kent | COMPLIANCE & ASSET MANAGER | 40 | $104,943 |
| Morag Adlon | LOAN OFFICER | 40 | $101,983 |
| Susan Thomas | TRUSTEE | 1 | $0 |
| Robert Alexander | TRUSTEE | 1 | $0 |
| Rea N Waldon Phd | TRUSTEE | 1 | $0 |
| Peg Moertl | TRUSTEE | 1 | $0 |
| Murray Sinclaire Jr | TRUSTEE | 1 | $0 |
| Kevin Hughes | TRUSTEE | 1 | $0 |
| Eric Avner | TRUSTEE | 1 | $0 |
| Ed Rust | TRUSTEE | 1 | $0 |
| Doug Burgess | TRUSTEE | 1 | $0 |
| Darin C Hall | TRUSTEE | 1 | $0 |
| Linda Graviss | TREASURER | 2 | $0 |
| Kathy Schwab | SECRETARY | 2 | $0 |
| Paula Boggs Muething | VICE CHAIR | 2 | $0 |
| Kim Mauer | BOARD CHAIR | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202012629349300516_public.xml