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Organizations Community Improvement & Capacity Building Community Reinvestment Fund Inc.

Community Reinvestment Fund Inc.

Fiscal year ending 2017. Filed on January 31, 2018.

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 2017 IRS Form 990 filing, Community Reinvestment Fund Inc., a 501(c)(3) charitable organization, reported compensation for 17 out of 84 total employees. Among the employees shown here, the average compensation is $277,981. The highest compensated employee at Community Reinvestment Fund Inc. is Frank Altman with fiscal year 2017 compensation of $609,793.

Revenue, expenses, and employee compensation

Revenue

$24,869,816

Expenses

$24,797,773

Employee compensation

$10,219,842
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frank Altman
President and Chief Executive Officer
$609,793
$588,243 No related comp$21,550
Jennifer Anderson
Senior Vice President and Chief Financial Officer
$402,485
$381,185 No related comp$21,300
Keith Rachey
Senior Vice President and Chief Operating Officer
$356,014
$330,264 No related comp$25,750
Daniel Komarek
Senior Vice President and CLO
$352,126
$324,826 No related comp$27,300
Jennifer Novak
Vice President of Capital Markets
$306,132
$277,469 No related comp$28,663
Dawn Johnson
Vice President and CPO
$279,590
$260,829 No related comp$18,761
Colleen Schwarz
Vice President of Affordable Housing Lending
$254,021
$230,023 No related comp$23,998
Nicholas Elders
Vice President of Technology Solutions
$235,121
$205,582 No related comp$29,539
Gary Holmquist
Regional Director of Business Development
$233,984
$202,929 No related comp$31,055
Brian Burke
National Director of SBA Lending
$230,896
$215,234 No related comp$15,662
Michelle Page
Director of LOAN Operations
$229,934
$208,634 No related comp$21,300
Eric Chapin
Vice President of Legal Affairs, Compliance and Audit
$229,708
$200,389 No related comp$29,319

Benchmark Employee Compensation

Non-Employee Board Members

Alton Bathrick
Treasurer
Calvin Holmes
Trustee
Daniel Spiller
Trustee
Eileen Fitzgerald
Trustee
Gerald Thole
Trustee
Janie Barrera
Trustee
Karl Egge
Trustee
Kimberly Lattimer-Nelligan
Chair
Laura Trudeau
Trustee
Luther Ragin Jr
Trustee
Michael Banner
Trustee
Reza Aghamirzadeh
Vice Chair

Contractors

The Financial Services Consulting Group
Consulting
$486,445
Perkins Coie LLP
Legal
$337,206
Grant Thornton LLP
Accounting
$273,208
Blvd Content LLC
Consulting
$234,713
Novogradic & Company LLP
Accounting
$191,875

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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