OPPORTUNITY FINANCE NETWORK
123 S BROAD STREET SUITE 1930, PHILADELPHIA, PA 19109 www.ofn.org

Total Revenue
$16,457,655
Total Expenses
$11,009,104
Net Assets
$58,388,783

Organizations Filed Purposes: OFN'S MISSION IS TO LEAD CDFIS AND THEIR PARTNERS TO ENSURE THAT LOW-INCOME, LOW-WEALTH, AND OTHER UNDERSERVED PEOPLE AND COMMUNITIES HAVE ACCESS TO AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS AND SERVICES.

OPPORTUNITY FINANCE NETWORK'S (OFN) MISSION IS TO LEAD COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND THEIR PARTNERS TO ENSURE THAT LOW-INCOME, LOW-WEALTH, AND OTHER DISINVESTED PEOPLE AND COMMUNITIES HAVE ACCESS TO AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS AND SERVICES. OFN IS A NATIONAL LEADERSHIP NETWORK OF MORE THAN 280 CDFIS, INCLUDING COMMUNITY BANKS, CREDIT UNIONS, AND LOAN FUNDS. OFN, THROUGH ITS MEMBERS, INVEST IN LOW-INCOME AND UNDERSERVED RURAL, URBAN, AND NATIVE AMERICAN COMMUNITIES ACROSS ALL 50 STATES IN AMERICA; PROVIDING AFFORDABLE, RESPONSIBLE CREDIT THAT FINANCES COMMUNITY BUSINESSES, SPARKS JOB GROWTH IN THE AREAS THAT NEED IT MOST, AND DELIVERING BOTH SOUND FINANCIAL RETURNS AND REAL CHANGES FOR PEOPLE AND COMMUNITIES. OFN'S PROGRAM AND SERVICES INCLUDES PROVIDING FINANCIAL PRODUCTS AND SERVICES FOR CDFIS, INCREASING THE STRENGTH AND CAPACITY OF THE CDFI INDUSTRY, AS WELL AS AMPLIFYING THE VOICE OF THE INDUSTRY.

FINANCIAL SERVICES: EXPANDING ACCESS TO RESPONSIBLE, AFFORDABLE CAPITAL.FINANCIAL SERVICES INCLUDES THE FOLLOWING ACTIVITIES WHICH BENEFIT LOW-INCOME AND LOW-WEALTH COMMUNITIES THROUGHOUT THE U.S: OFN'S FINANCING FUND (ON BALANCE-SHEET LENDING AND INVESTING TO CDFIS); FUND MANAGEMENT SERVICES (FEE-BASED BUSINESS PROVIDING CDFI FUND MANAGEMENT AND ASSET MANAGEMENT SERVICES TO THIRD PARTY INVESTORS); NEW MARKETS TAX CREDIT ACTIVITY; AND CDFI BOND GUARANTEE PROGRAM BOND ISSUANCE AND ADMINISTRATIVE SERVICES.

STRENGTH: BUILDING POTENTIAL FOR IMPACT.OFN STRENGTHENS THE CDFI INDUSTRY BY PROVIDING PEER LEARNING OPPORTUNITIES, RESEARCH, INNOVATIVE NETWORKING PLATFORMS, AND SIGNATURE ANNUAL EVENTS (E.G. THE OFN CONFERENCE AND SMALL BUSINESS FINANCE FORUM) FOR CDFI PRACTITIONERS, PARTNERS, AND INVESTORS.

VOICE: AMPLIFYING THE CDFI MESSAGE AND SECURING STAKEHOLDER SUPPORT.ACROSS MULTIPLE PLATFORMS AND AUDIENCES, OFN'S STRATEGIC COMMUNICATIONS AND POLICY ADVOCACY DRIVE THE MESSAGE THAT CDFI INVESTMENTS TRANSFORM COMMUNITIES AND CHANGE LIVES-AND INCREASES RESOURCES TO CDFIS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Lisa MensahPRESIDENT & CEO40$395,805
Beth LipsonCHIEF FINANCIAL OFFICER40$242,205
Amir KirkwoodCHIEF LENDING & INVESTMENT OFFICER40$233,437
Andrew GivensCHIEF OPERATING OFFICER40$214,225
Jennifer VasiloffCHIEF EXTERNAL AFFAIRS OFFICER40$206,020
Lina PageEVP, STRATEGIC COMMUNICATIONS40$172,957
Shakeyda DanielsVP, FINANCIAL SERVICES40$170,793
Donna FabianiEVP, KNOWLEDGE SHARING40$164,959
Mary WrightSENIOR VP, FINANCIAL SVCS40$163,220
Andrea LongtonSENIOR VP, FINANCIAL SVCS40$161,660
Seth JulyanEVP, MEMBERSHIP40$150,849
Lance LoethenVP, KNOWLEDGE SHARING40$146,252
Christina TraversBOARD MEMBER2$0
Sara RazaviBOARD MEMBER2$0
Aisha BensonBOARD MEMBER2$0
Robert VillarrealTREASURER2$0
Marla BilonickBOARD MEMBER2$0
Betsy BiemannBOARD MEMBER2$0
David BeckBOARD MEMBER2$0
Donna GambrellBOARD VICE CHAIR2$0
Carla ManningsBOARD MEMBER2$0
Pearl WicksBOARD MEMBER2$0
Shane JettBOARD MEMBER (THRU 10/2019)2$0
Chrystel CorneliusBOARD MEMBER2$0
Inez LongBOARD MEMBER (THRU 10/2019)2$0
Jim KingBOARD CHAIR2$0
David GlaserBOARD TREASURER (THRU 10/2019)2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022759349300902_public.xml