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Organizations Community Improvement & Capacity Building Community Reinvestment Fund Inc.

Community Reinvestment Fund Inc.

Fiscal year ending 2024. Filed on February 5, 2025.

801 Nicollet Mall 1700w
Minneapolis, Minnesota 55402

Community Reinvestment Fund Inc. (EIN: 41-1616861) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Community Reinvestment Fund Inc., a 501(c)(3) charitable organization, reported compensation for 20 out of 121 total employees. Among the employees shown here, the average compensation is $239,727. The highest compensated employee at Community Reinvestment Fund Inc. is Jennifer Anderson with fiscal year 2024 compensation of $496,624.

Revenue, expenses, and employee compensation

Revenue

$35,726,052

Expenses

$32,849,855

Employee compensation

$14,889,019
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jennifer Anderson
Chief Admin Officer THRU 3/24
$496,624
$453,974 No related comp$42,650
Keith Rachey
Executive Vice President Chief Impact Officer THRU 6/23
$450,450
$415,450 No related comp$35,000
Matthew Roth
CEO and President AS of 3/23
$307,583
$298,558 No related comp$9,025
Jennifer Novak
Senior Vice President CDFI Lending Programs
$296,856
$247,434 No related comp$49,422
Eric Chapin
Senior Vice President and General Counsel
$258,805
$211,195 No related comp$47,610
Jennifer Ericson
Vice President, Lending
$255,895
$218,805 No related comp$37,090
Charity Vickers
Senior Vice President and Chief People Officer
$255,282
$215,000 No related comp$40,282
Paul Tremewan
Senior Vice President and Chief Financial Officer
$246,428
$220,408 No related comp$26,020
Patrick Davis
Senior Vice President Platform and TECH Services
$235,758
$212,501 No related comp$23,257
Sandra Delancy
Senior Director of EDMA
$229,769
$185,906 No related comp$43,863
Erik O'Leary
Principal Architect
$228,183
$182,031 No related comp$46,152
Frank Altman
CEO THRU 7/23
$226,807
$210,007 No related comp$16,800

Benchmark Employee Compensation

Non-Employee Board Members

Bill Krugler
Trustee
Calvin Holmes
Trustee AS of 10/23
Chrystel Cornelius
Trustee
Daniel Spiller
Chair
David Adame
Trustee THRU 10/23
Gavin Borowiak
Trustee
Jacqueline Woods
Trustee THRU 6/24
Jeanine Jacokes
Trustee
Jie Wang
Trustee AS of 6/24
Kathy Rock
Trustee
Laura Trudeau
Secretary
Luther Ragin Jr
Trustee

Contractors

Cliftonlarsonallen LLP
Accounting
$303,620
Perkins Coie
Legal
$302,186
Robert Half
Consulting
$224,771
Mark Gavin Consulting
Consulting
$177,875

Mission Statement

TO IMPROVE LIVES AND STRENGTHEN COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS.

Revisions to this organization profile

February 5, 2025:
2024 Community Reinvestment Fund Inc. 990 filed
February 5, 2024:
2023 Community Reinvestment Fund Inc. 990 filed
February 10, 2023:
2022 Community Reinvestment Fund Inc. 990 filed

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