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Organizations Human Services First Children's Finance

First Children's Finance

Fiscal year ending 2023. Filed on November 2, 2023.

212 Third Avenue North 310
414 Main Street
Minneapolis, Minnesota 55401

First Children's Finance (EIN: 41-1694837) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, First Children's Finance, a 501(c)(3) charitable organization, reported compensation for 8 out of 78 total employees. Among the employees shown here, the average compensation is $132,559. The highest compensated employee at First Children's Finance is Gerald Cutts with fiscal year 2023 compensation of $179,090.

Revenue, expenses, and employee compensation

Revenue

$29,299,227

Expenses

$23,126,208

Employee compensation

$6,755,819
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gerald Cutts
President and Chief Executive Officer
$179,090
$179,090 No related compNo other comp
Heidi Hagel-Braid
CPO
$153,301
$136,663 No related comp$16,638
Suzanne Pearl
Minnesota Director
$146,088
$137,176 No related comp$8,912
Ben Nicholie
Chief Operating Officer
$142,925
$126,325 No related comp$16,600
Ericka Warmack
Lending Director
$141,576
$129,697 No related comp$11,879
Heidi Schlueter
IOWA Director
$132,630
$130,380 No related comp$2,250
James Henderson
Michigan Director
$122,941
$111,878 No related comp$11,063
Vanessa Garcia Gutierrez
Chief Financial Officer
$41,924
$40,091 No related comp$1,833

Benchmark Employee Compensation

Non-Employee Board Members

David Arens
Director
Edith Johnson
Director
Elizabeth Davis
Secretary
Kelley Elkin
Director
Maria Regan Gonzalez
Director
Nicole Barcliff
Director
Patrick Skiles
Treasurer
Roger Neugebaurer
Director
Suzanne Humbert
Chair
Walter Gilliam
Director

Mission Statement

FIRST CHILDREN'S FINANCE HELPS CHILDREN, FAMILIES AND COMMUNITIES THRIVE BY INCREASING THE AVAILABILITY, AFFORDABILITY AND QUALITY OF EARLY CARE AND EDUCATION. WE ACCOMPLISH THIS BY PROVIDING FINANCIAL AND BUSINESS-DEVELOPMENT ASSISTANCE TO HIGH-QUALITY CARE BUSINESSES SERVING LOW- AND MODERATE-INCOME FAMILIES, AND BUILDING PARTNERSHIPS THAT CONNECT THESE VITAL BUSINESSES WITH THE RESOURCES OF THE PUBLIC AND PRIVATE SECTORS. WE BELIEVE ACCESS TO HIGH-QUALITY EARLY CARE AND EDUCATION IS ESSENTIAL FOR ALL COMMUNITIES, BECAUSE HUMAN CAPITAL DEVELOPMENT IS THE FOUNDATION OF INDIVIDUAL SUCCESS AND THE ENGINE OF REGIONAL ECONOMIC GROWTH.

Revisions to this organization profile

November 2, 2023:
2023 First Children's Finance 990 filed
November 9, 2022:
2022 First Children's Finance 990 filed
May 16, 2022:
2021 First Children's Finance 990 filed

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