Overview
What is Impact Development Fund?
Impact Development Fund is a nonprofit organization situated in Loveland, Colorado, with an address at 200 E 7th Street. Their primary mission is to provide short-term, early-stage loans to developers working on affordable housing, community facilities for non-profits, and neighborhood revitalization projects throughout Colorado. By offering flexible capital, the Impact Development Fund aims to foster economic growth in under-served communities, ultimately contributing to their overall strength and development. With a team of 31 dedicated professionals, this fund plays a crucial role in supporting projects that promote affordable housing and community facilities in the state.
Official website here: www.impactdf.org
Is Impact Development Fund legitimate?
Impact Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Development Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $192,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,316,160
For more financial information, click here
Official website here: www.impactdf.org
What is the mission statement of Impact Development Fund?
The Impact Development Fund's mission is to foster economic opportunities by supplying flexible capital to strengthen underprivileged communities in Colorado. They accomplish this by providing early-stage, short-term loans to developers of affordable housing, non-profit community facilities, and neighborhood revitalization projects across the state. The fund's aim is to contribute to the betterment of these communities, particularly those that are under-served.
Official website here: www.impactdf.org
Who is the CEO of Impact Development Fund?
What is the revenue of Impact Development Fund?
Who are the executives of Impact Development Fund and what are their salaries?
The average compensation at Impact Development Fund during 2022 was $48,677. There are 31 employees and 20 volunteers at Impact Development Fund.
Here are 15 key members and their salaries:
- Sean Doherty (Executive Director)
- Megan Ferguson (Deputy Executive Director)
- Mark O'Connor (President) [Trustee/Director]
- Becky Christoffersen (Vice President) [Trustee/Director]
- Micah Halverson (Secretary) [Trustee/Director]
- Randy Ilich (Treasurer) [Trustee/Director]
- Khanh Nguyen (Board Member) [Trustee/Director]
- Kristin Candella (Board Member) [Trustee/Director]
- John Pike (Board Member) [Trustee/Director]
- Beth Truby (Board Member) [Trustee/Director]
- Stephen Wessler (Board Member) [Trustee/Director]
- Mary Stegner (Board Member) [Trustee/Director]
- Annie Perizzolo (Board Member) [Trustee/Director]
- Renee Gallegos (Board Member) [Trustee/Director]
- Brian Rossbert (Board Member) [Trustee/Director]
Official website here: www.impactdf.org
Where can I find the form 990 for Impact Development Fund?
The Impact Development Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.impactdf.org
Learn more at the official website: www.impactdf.org
Mission Statement of Impact Development Fund
Impact Development Fund, a nonprofit organization, strives to create economic opportunities by delivering flexible capital to strengthen underprivileged communities in Colorado. Their mission is twofold: they provide early-stage, short-term loans to developers working on affordable housing, non-profit community facilities, and neighborhood revitalization projects across the state. By doing so, they aim to contribute to the improvement and growth of these communities, ultimately fostering a more equitable and prosperous environment for its residents.
Impact
This information is meant to be a general summary of Impact Development Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Impact Development Fund's impact is significant in creating economic opportunity by delivering flexible capital to strengthen under-served Colorado communities. Through providing loans for affordable housing, non-profit community facilities, and neighborhood revitalization projects, Impact Development Fund plays a crucial role in supporting the development of essential infrastructure and services in these communities. By facilitating access to capital for projects that benefit the community, Impact Development Fund contributes to improving the quality of life for residents and promoting overall neighborhood revitalization in Colorado.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$2,148,803
LOAN FEES/SERVICING IN
Revenue
$1,984,407
CONTRACT REVENUE
Revenue
$126,041
LOAN RECOVERY INCOME
Revenue
$30,247
Organization Details
Founding Year
1999
Phone
(970) 494-2021
Principal Officer
Sean Doherty
Main Address
200 E 7TH STREET 412, LOVELAND, CO, 805374871
Website
www.impactdf.org
NTEE Category
Code: L120 - Housing
If you are a representative of Impact Development Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.