EIN 38-3666288

Cinnaire Lending Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2002
Most recent tax filings
2023-12-01
Description
Cinnaire Lending Corporation, a certified CDFI established in 2002, raises and deploys capital to support the development of healthy and vibrant neighborhoods, ultimately improving the quality of life for residents. Their mission is to fuel economic development and promote vibrant, healthy communities by deploying capital to underserved areas.
Also known as...
Capital Fund Services
Total revenues
$17,020,561
2023
Total expenses
$10,410,556
2023
Total assets
$130,855,621
2023
Num. employees
0
2023

Program areas at Cinnaire Lending Corporation

To deploy capital to underserved communities to fuel economic development and promote vibrant, healthy communities.

Who funds Cinnaire Lending Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Ford FoundationCore Support for Its Tax Credit Investing, Lending, and Real Estate Development Assistance for Community Development and Grassroots Organizations in Detroit$150,000

Personnel at Cinnaire Lending Corporation

NameTitleCompensation
Mark S. McDanielPresident and Chief Executive Officer
Kevin CrawleyChief Operating Officer
Brett OumedianChief Financial Officer$0
Deborah V. TobyChief Human Resources Officer and Chief Diversity Officer
Ryan RobinsonExecutive Vice President, Operations and Corporate Risk Management
...and 32 more key personnel

Financials for Cinnaire Lending Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$8,697,337
Program services$7,710,053
Investment income and dividends$613,171
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$17,020,561

Form 990s for Cinnaire Lending Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-08990View PDF
2019-122021-02-24990View PDF
...and 10 more Form 990s

Organizations like Cinnaire Lending Corporation

OrganizationLocationRevenue
Washington Area Community Investment FundWashington, DC$7,616,507
Bluehub Loan FundBoston, MA$37,956,959
Coastal Enterprises (CEI)Brunswick, ME$22,641,314
Cincinnati Development Fund (CDF)Cincinnati, OH$10,309,687
Boston Community Capital Venture FundBoston, MA$5,841,242
Valley PartnersYoungstown, OH$8,153,238
Commonwealth Cornerstone GroupHarrisburg, PA$32,986,552
Baltimore Community LendingBaltimore, MD$4,865,383
Locus Impact FundChristiansburg, VA$9,556,651
Florida Community Loan Fund (FCLF)Orlando, FL$15,185,807
Data update history
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Updated personnel
Identified 1 new personnel
January 3, 2025
Used new vendors
Identified 2 new vendors, including , and
September 21, 2024
Updated personnel
Identified 2 new personnel
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
1118 S Washington Ave
Lansing, MI 48910
Metro area
Lansing-East Lansing, MI
County
Ingham County, MI
IRS details
EIN
38-3666288
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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