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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Community Reinvestment Fund Inc.

Community Reinvestment Fund Inc.

Fiscal year ending 2018. Filed on March 4, 2019.

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 2018 IRS Form 990 filing, Community Reinvestment Fund Inc., a 501(c)(3) charitable organization, reported compensation for 16 out of 81 total employees. Among the employees shown here, the average compensation is $283,610. The highest compensated employee at Community Reinvestment Fund Inc. is Frank Altman with fiscal year 2018 compensation of $617,610.

Revenue, expenses, and employee compensation

Revenue

$21,550,757

Expenses

$22,567,110

Employee compensation

$9,308,386
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frank Altman
Chief Executive Officer
$617,610
$596,240 No related comp$21,370
Jennifer Anderson
President and Chief Financial Officer
$420,965
$395,596 No related comp$25,369
Keith Rachey
Senior Vice President and Chief Impact Officer
$342,960
$319,092 No related comp$23,868
Daniel Komarek
Senior Vice President and CRO
$337,617
$311,154 No related comp$26,463
Jennifer Novak
Senior Vice President Capital Markets
$321,386
$290,123 No related comp$31,263
Dawn Johnson
Vice President and CPO
$283,637
$264,662 No related comp$18,975
Michelle Page
Vice President LOAN Servicing
$249,219
$228,955 No related comp$20,264
Robert Treadway
SBLC COO
$247,513
$218,085 No related comp$29,428
Nicholas Elders
Vice President Technology Solutions
$236,926
$208,314 No related comp$28,612
Eric Chapin
Vice President of Legal Affairs, Compliance and Audit
$230,416
$202,128 No related comp$28,288
Gary Holmquist
Regional Director of Business Development
$229,549
$199,459 No related comp$30,090
Eric Mau
Principal Architect
$223,678
$193,650 No related comp$30,028

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Next Street Financial
Consulting
$371,200
The Financial Services Consulting Group
Consulting
$285,691
Novogradac & Company LLP
Accounting
$250,586
Mark Gavin Consulting
Consulting
$209,996
Cliftonlarsonallen LLP
Accounting
$194,298

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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