Totals
- Total revenue
- $56,470,670
- Total expenses
- $49,646,075
- Contributions and grants received
- $14,448,082
- Grants paid
- $10,400,106
- Program service revenue
- $36,847,508
- Investment income
- $4,894,249
- Other revenue
- $280,831
- Total assets, end of year
- $698,442,334
- Total liabilities, end of year
- $413,778,961
- Net assets or fund balances, end of year
- $284,663,373
- Program services expenses (Part IX)
- $38,184,937
- Management and general expenses
- $11,166,598
- Fundraising expenses
- $294,540
- Program service expenses (Part III)
- $38,184,937
Program services were 76.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$8,262,610
-
1f · All other contributions, gifts and grants
$6,185,472
-
2a · Program service revenue: INTEREST
total $32,452,268 · related or exempt $32,452,268
-
2b · Program service revenue: FEE INCOME
total $2,586,480 · related or exempt $2,586,480
-
2c · Program service revenue: ASSET MANAGEMENT FEES
total $1,060,307 · related or exempt $1,060,307
-
2d · Program service revenue: LOAN & LEASE FEES
total $748,453 · related or exempt $748,453
-
3 · Investment income
total $4,761,824 · excluded $4,761,824
-
7a · Gross sales of assets other than inventory
securities $44,716,109
-
7b · Less cost or other basis and sales expenses
securities $44,583,684
-
7c · Gain or loss
securities $132,425
-
7d · Net gain or loss
total $132,425 · related or exempt $132,425
-
11a · Other revenue: FORGIVENESS OF DEBT
total $322,285 · related or exempt $322,285
-
11b · Other revenue: LOSS FROM INVESTMENTS
total -$28,745 · related or exempt -$28,745
-
11c · Other revenue: PARTNERSHIP LOSS
total -$28,988 · related or exempt -$28,988
-
11d · All other revenue
total $16,279 · related or exempt $16,279
-
11e · Other revenue, total
$280,831
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,400,106 · program services $10,400,106
-
5 · Compensation of officers, directors and key employees
total $3,345,336 · program services $1,412,591 · management and general $1,745,652 · fundraising $187,093
-
7 · Other salaries and wages
total $9,644,975 · program services $6,311,734 · management and general $3,333,241
-
8 · Pension plan contributions
total $844,244 · program services $465,714 · management and general $378,530
-
9 · Other employee benefits
total $2,067,535 · program services $1,609,562 · management and general $407,458 · fundraising $50,515
-
10 · Payroll taxes
total $1,071,713 · program services $596,732 · management and general $474,981
-
11b · Fees: legal
total $255,891 · program services $50,042 · management and general $205,849
-
11c · Fees: accounting
total $244,264 · management and general $244,264
-
11d · Fees: lobbying
total $120,000 · program services $120,000
-
11e · Fees: professional fundraising services
total $56,932 · fundraising $56,932
-
11g · Fees: other
total $3,478,673 · program services $2,302,981 · management and general $1,175,692
-
12 · Advertising and promotion
total $16,358 · program services $4,799 · management and general $11,559
-
13 · Office expenses
total $336,933 · program services $171,544 · management and general $165,389
-
14 · Information technology
total $1,550,951 · program services $507,223 · management and general $1,043,728
-
16 · Occupancy
total $689,650 · program services $407,712 · management and general $281,938
-
17 · Travel
total $150,401 · program services $64,878 · management and general $85,523
-
19 · Conferences, conventions and meetings
total $670,742 · program services $170,815 · management and general $499,927
-
20 · Interest
total $11,920,598 · program services $11,920,598
-
22 · Depreciation, depletion and amortization
total $184,476 · program services $109,324 · management and general $75,152
-
23 · Insurance
total $173,877 · program services $103,058 · management and general $70,819
-
24a · Other expenses: PROVISION FOR LOAN LOSS
total $1,080,503 · program services $1,080,503 · management and general $0
-
24b · Other expenses: TEMPORARY HELP
total $790,891 · program services $101,663 · management and general $689,228
-
24c · Other expenses: STAFF DEVELOPMENT/RECRU
total $351,618 · program services $79,803 · management and general $271,815
-
24d · Other expenses: LOANS RELATED EXPENSE
total $125,654 · program services $125,654 · management and general $0
-
24e · All other expenses
total $73,754 · program services $67,901 · management and general $5,853
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $99,975,973 · end of year $79,278,962
-
3 · Pledges and grants receivable
beginning of year $3,905,444 · end of year $2,902,721
-
4 · Accounts receivable
beginning of year $6,338,579 · end of year $7,248,585
-
7 · Other notes and loans receivable
beginning of year $489,071,835 · end of year $560,421,483
-
9 · Prepaid expenses and deferred charges
beginning of year $734,532 · end of year $1,472,112
-
10a · Land, buildings and equipment: cost or other basis
$2,554,790
-
10b · Land, buildings and equipment: accumulated depreciation
$1,896,347
-
10c · Land, buildings and equipment, net
beginning of year $806,045 · end of year $658,443
-
11 · Investments: publicly traded securities
beginning of year $56,575,073 · end of year $41,986,616
-
13 · Investments: program-related
beginning of year $6,104,727 · end of year $1,092,050
-
14 · Intangible assets
beginning of year $1,474,238 · end of year $1,007,198
-
15 · Other assets
beginning of year $4,624,022 · end of year $2,374,164
-
17 · Accounts payable and accrued expenses
beginning of year $3,265,290 · end of year $3,363,015
-
19 · Deferred revenue
beginning of year $9,072,564 · end of year $8,698,510
-
21 · Escrow or custodial account liability
beginning of year $2,892,664 · end of year $2,731,213
-
23 · Secured mortgages and notes payable
beginning of year $105,511,325 · end of year $100,695,879
-
24 · Unsecured notes and loans payable
beginning of year $266,168,894 · end of year $292,714,085
-
25 · Other liabilities
beginning of year $5,801,926 · end of year $5,576,259
-
27 · Net assets without donor restrictions
beginning of year $158,438,573 · end of year $169,208,085
-
28 · Net assets with donor restrictions
beginning of year $118,459,232 · end of year $115,455,288
Mission and programs · 2024
Mission
THE REINVESTMENT FUND, INC. CREATES OPPORTUNITY FOR UNDERSERVED PEOPLE AND PLACES THROUGH PARTNERSHIPS. IT MARSHALS THE CAPITAL, ANALYTICS, AND EXPERTISE NECESSARY TO BUILD STRONG, HEALTHY, AND MORE EQUITABLE COMMUNITIES.
-
LENDING: ENCOMPASSES THE ORGANIZATION'S FINANCING OF HOMES, SCHOOLS, HEALTHY FOOD RETAIL, HEALTHCARE AND OTHER PROJECTS THAT BENEFIT LOW-WEALTH PEOPLE AND PLACES AND IS THE CORE LENDING FUNCTION OF THE ORGANIZATION. IN 2024, THE ORGANIZATION LENT $248 MILLION ACROSS 20 STATES, WHICH CONSTRUCTED, REHABILITATED OR PRESERVED 3,061 HOMES, 4 HEALTH CARE FACILITIES, 6 FOOD RETAIL AND SUPPLY CHAIN PROJECTS, 12 COMMUNITY FACILITIES, TWO K-12 SCHOOLS, AND ONE UNIVERSITY. HIGHLIGHTS INCLUDE USING NEW MARKET TAX CREDITS TO FINANCE A CAMPUS IN FLORIDA THAT WILL PROVIDE SERVICES TO FAMILIES EXPERIENCING HOMELESSNESS, A REVITALIZING INVESTMENT IN THE HBCU WILBERFORCE UNIVERSITY, AND A PARTNERSHIP WITH AN EXPERIENCED DEVELOPER OF COMMUNITY BASED SOLAR PROJECTS ACROSS THE COUNTRY.
Expenses $19,837,719 · Revenue $34,372,308
-
POLICY SOLUTIONS: CONDUCTS POLICY, DATA ANALYSIS AND SOCIAL IMPACT ANALYSES THAT ADVANCE REINVESTMENT FUND, INC.'S MISSION AND EFFECT SYSTEM CHANGE, ON BEHALF OF REINVESTMENT FUND, INC. AS WELL AS PUBLIC AND PHILANTHROPIC CLIENTS. IN 2024, AN ANALYSIS IN D.C. OF EARLY CHILDCARE EDUCATION SUPPLY, DEMAND, AND SHORTAGE WAS RELEASED, A COMMUNITY OF PRACTICE CONVENED IN JACKSONVILLE, FL, A CRITICAL EVALUATION OF AFFORDABLE HOUSING IN PHILADELPHIA WAS COMMISSIONED AND UTILIZED BY THE CITY, AND THE FIRST MARKET VALUE ANALYSIS FOR THE CITY OF ATLANTA AND THE ATLANTA METRO AREA WAS RELEASED.
Expenses $2,600,744 · Revenue $1,513,018
-
CAPACITY BUILDING & CAPITAL ACCESS: USES GRANTS AND TECHNICAL ASSISTANCE TO MAKE ACCESS TO CAPITAL MORE EQUITABLE FOR LOW-WEALTH INDIVIDUALS AND COMMUNITIES, PARTICULARLY IN THE AREAS OF EARLY CHILDHOOD EDUCATION, FOOD AND SOCIAL DETERMINANTS OF HEALTH, AND HBCUS. IN 2024, THE ORGANIZATION PROVIDED OVER $41 MILLION IN GRANTS AND TECHNICAL ASSISTANCE. THE ORGANIZATION CELEBRATED 10 YEARS OF THE FUND FOR QUALITY IN PHILADELPHIA WHICH IS A PARTNERSHIP WITH PUBLIC HEALTH MANAGEMENT CORPORATION AND FUNDING FROM THE WILLIAM PENN FOUNDATION, AND VANGUARD STRONG START FOR KIDS PROGRAM.
Expenses $15,178,947 · Grants $10,125,106 · Revenue $606,981
-
SUSTAINABLE DEVELOPMENT FUND ("SDF"): REPRESENTS AN ENERGY-RELATED FUND THAT USES LOANS, INVESTMENTS AND GRANTS TO AUGMENT THE ORGANIZATION'S EXISTING ENERGY CONSERVATION AND COMMUNITY INVESTING EFFORTS. SDF WAS CREATED BY THE PARTIES TO THE PECO ENERGY COMPANY ("PECO ENERGY") RESTRUCTURING AND APPROVED BY THE PENNSYLVANIA PUBLIC UTILITY COMMISSION ("PUC") IN MAY 1998.
Expenses $567,527 · Grants $275,000 · Revenue $355,201
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
CYNTHIA FIGUEROA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
DANIEL HAYES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DUDLEY BENOIT
BOARD MEMBER, FINANCE COMM
- Total calculated
- $0
- Hours/week
- 2
-
LISA DETWILER
BOARD MEMBER, AUDIT COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
IVY DENCH-CARTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
KATHERINE O'REGAN
BOARD MEMBER, POLICY ADVISORY CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
MARLAND BUCKNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MELISSA WEILER GERBER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
MICHAEL DAVIS
BOARD MEMBER, GOVERNANCE C
- Total calculated
- $0
- Hours/week
- 2
-
PHYLLIS CATER
BOARD MEMBER, COMMUNITY ADVISORY CHAIR
- Total calculated
- $0
- Hours/week
- 1.5 + 0.5 related
-
RAQUEL FAVELA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
RAYMOND SKINNER
BOARD MEMBER, LOAN COMMITT
- Total calculated
- $0
- Hours/week
- 2.5
-
SANDEEP WADHWA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5 + 0.5 related
-
SAUL BEHAR
BOARD CHAIR, COMPENSATION
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
VICKI LUNDY-WILBON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
WENDELL PRITCHETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
AMANDA HIGH
OUTGOING-CSO
- Total calculated
- $300,775
- From this org
- $289,478
- From related orgs
- $0
- Other
- $11,297
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $36,883
- Bonus
- $67,637
- Other
- $184,958
- Deferred
- $8,625
- Nontaxable benefits
- $2,672
- Filer's total
- $300,775
-
CHEILA FERNANDEZ
COO & CORPORATE SECRETARY
- Total calculated
- $577,037
- From this org
- $489,732
- From related orgs
- $0
- Other
- $87,305
- Hours/week
- 37.5 + 2 related
Schedule J breakdown matched by us
- Base
- $280,135
- Bonus
- $82,688
- Other
- $126,909
- Deferred
- $61,924
- Nontaxable benefits
- $25,381
- Filer's total
- $577,037
-
CHRISTINA SZCZEPANSKI
PRESIDENT, LENDING & INVES
- Total calculated
- $395,531
- From this org
- $342,060
- From related orgs
- $0
- Other
- $53,471
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $297,888
- Bonus
- $43,200
- Other
- $972
- Deferred
- $20,650
- Nontaxable benefits
- $32,821
- Filer's total
- $395,531
-
DONALD HINKLE-BROWN
PRESIDENT & CEO
- Total calculated
- $727,288
- From this org
- $648,910
- From related orgs
- $0
- Other
- $78,378
- Hours/week
- 37.5 + 1 related
Schedule J breakdown matched by us
- Base
- $472,928
- Bonus
- $129,560
- Other
- $46,422
- Deferred
- $46,116
- Nontaxable benefits
- $32,262
- Filer's total
- $727,288
-
KAREEM THOMAS
CHIEF CREDIT OFFICER
- Total calculated
- $483,045
- From this org
- $391,195
- From related orgs
- $0
- Other
- $91,850
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $255,456
- Bonus
- $39,200
- Other
- $96,539
- Deferred
- $51,618
- Nontaxable benefits
- $40,232
- Filer's total
- $483,045
-
RHONDA SMITH
ASSISTANT CORPORATE SECRET
- Total calculated
- $143,816
- From this org
- $107,052
- From related orgs
- $0
- Other
- $36,764
- Hours/week
- 37.5
-
TIFFANY CANADY
CHIEF FINANCIAL OFFICER
- Total calculated
- $309,733
- From this org
- $270,794
- From related orgs
- $0
- Other
- $38,939
- Hours/week
- 37.5 + 1 related
Schedule J breakdown matched by us
- Base
- $269,833
- Bonus
- $0
- Other
- $961
- Deferred
- $15,034
- Nontaxable benefits
- $23,905
- Filer's total
- $309,733
-
EMILY DOWDALL
PRESIDENT, POLICY SOLUTION
- Total calculated
- $283,355
- From this org
- $240,877
- From related orgs
- $0
- Other
- $42,478
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $213,913
- Bonus
- $25,688
- Other
- $1,276
- Deferred
- $14,918
- Nontaxable benefits
- $27,560
- Filer's total
- $283,355
-
SARA VERNON STERMAN
CHIEF PROGRAMS OFFICER
- Total calculated
- $308,616
- From this org
- $286,667
- From related orgs
- $0
- Other
- $21,949
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $227,340
- Bonus
- $47,628
- Other
- $11,699
- Deferred
- $17,464
- Nontaxable benefits
- $4,485
- Filer's total
- $308,616
-
TIFFANY PATTERSON
CC & MISSION OFFICER
- Total calculated
- $308,988
- From this org
- $278,569
- From related orgs
- $0
- Other
- $30,419
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $252,783
- Bonus
- $25,059
- Other
- $727
- Deferred
- $16,897
- Nontaxable benefits
- $13,522
- Filer's total
- $308,988
-
CHARLES LICHTENWALNER
MD, INFORMATION TECHNOLOGY
- Total calculated
- $275,023
- From this org
- $220,366
- From related orgs
- $0
- Other
- $54,657
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $195,621
- Bonus
- $23,940
- Other
- $805
- Deferred
- $12,500
- Nontaxable benefits
- $42,157
- Filer's total
- $275,023
-
IRA GOLDSTEIN
SENIOR ADVISOR, POLICY SOL
- Total calculated
- $332,877
- From this org
- $290,981
- From related orgs
- $0
- Other
- $41,896
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $233,928
- Bonus
- $56,143
- Other
- $910
- Deferred
- $17,459
- Nontaxable benefits
- $24,437
- Filer's total
- $332,877
-
ROBERT COX
MD, COMMUNITY LENDING
- Total calculated
- $287,612
- From this org
- $271,252
- From related orgs
- $0
- Other
- $16,360
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $212,649
- Bonus
- $12,723
- Other
- $45,880
- Deferred
- $16,275
- Nontaxable benefits
- $85
- Filer's total
- $287,612
-
TROY SPENCE
MD, RISK AND COMPLIANCE
- Total calculated
- $271,968
- From this org
- $230,606
- From related orgs
- $0
- Other
- $41,362
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $205,991
- Bonus
- $23,814
- Other
- $801
- Deferred
- $11,880
- Nontaxable benefits
- $29,482
- Filer's total
- $271,968
-
TRACY MURRAY MOORE
CHIEF HUMAN RESOURCES OFFI
- Total calculated
- $279,014
- From this org
- $269,261
- From related orgs
- $0
- Other
- $9,753
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $136,106
- Bonus
- $22,484
- Other
- $110,671
- Deferred
- $4,780
- Nontaxable benefits
- $4,973
- Filer's total
- $279,014
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE ORGANIZATION'S CEO THROUGH A VARIETY OF SOURCES, INCLUDING COMPETITOR DATA AND SURVEYS. ADDITIONALLY, EVERY COUPLE OF YEARS THE ORGANIZATION ENGAGES THE SERVICES OF AN INDEPENDENT CONSULTANT TO PROVIDE AN OPINION ON THE REASONABLENESS OF THE COMPENSATION PLAN FOR THE CEO AND SENIOR MANAGEMENT USING COMPARATIVE DATA AND SURVEY DATA. THE OPINION LETTER FOR THE CEO AND SENIOR MANAGEMENT COMPENSATION IS SENT DIRECTLY TO THE CHAIRMAN OF THE BOARD. THE ORGANIZATION HAD THIS SERVICE AND OPINION LETTER PERFORMED IN 2024.
- PART I, LINES 4A-B
- SCHEDULE J, PART I LINE 4A: THE FOLLOWING INDIVIDUALS RECEIVED SEVERAGE PAYMENTS: AMANDA HIGH $146,265; TRACY MURRAY MOORE $107,500 + ($82,500 - 1099) SCHEDULE J, PART I LINE 4B: THE REINVESTMENT FUND, INC. HAS ESTABLISHED A DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) FOR A SELECT GROUP OF MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES OF RF. THE AMOUNT OF A PARTICIPANT'S EMPLOYER CONTRIBUTION, AND THE DATE ON WHICH THE EMPLOYER CONTRIBUTION IS CONTRIBUTED AND CREDITED TO HIS OR HER ACCOUNT, WILL BE SET FORTH IN THE CONTRIBUTION NOTICE FOR THAT PLAN YEAR. ALL ACCRUED DEFERRED COMPENSATION SHALL VEST AND BE PAYABLE (I) ON THE DATE THE PARTICIPANT ATTAINS NORMAL RETIREMENT AGE, PROVIDED THAT THE PARTICIPANT CONTINUES TO BE AN EMPLOYEE ON THAT DATE, (II) AFTER SEVERANCE OF EMPLOYMENT DUE TO PARTICIPANT'S DISABILITY OR TERMINATION BY TRF WITHOUT CAUSE, OR (III) IN ACCORDANCE WITH THE VESTING SCHEDULE SET FORTH IN THE CONTRIBUTION NOTICE PROVIDED TO THE PARTICIPANT FOR THAT EMPLOYER CONTRIBUTION. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE 457(F) PLAN: DONALD HINKLE-BROWN, CHEILA FERNANDEZ, & KAREEM THOMAS. A 457(F) PARTICIPANT WILL FORFEIT THE PORTION OF HIS OR HER ACCOUNT THAT IS NOT VESTED AS OF THE DATE HE OR SHE INCURS A SEVERANCE FROM EMPLOYMENT WITH REINVESTMENT FUND. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS OF THEIR VESTED BALANCE SHOWN IN COLUMN B(III): CHEILA FERNANDEZ - $123,636 KAREEM THOMAS - $93,267.
- PART I, LINE 7
- THE COMPENSATION COMMITTEE, ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE RF BOARD, APPROVED THE THREE TIERS OF THE DISCRETIONARY BONUS POOL THAT WERE AWARDED BY MANAGERS' RECOMMENDATION AND CEO APPROVAL. THE COMMITTEE ALSO REVIEWED AND CONCURRED WITH THE INCENTIVE COMPENSATION AWARDS RECOMMENDED BY THE CEO FOR THE SENIOR MANAGEMENT TEAM IN THE HIGHEST PERFORMANCE TIER IN ACCORDANCE WITH THEIR DUTIES UNDER IRS INTERMEDIATE SANCTIONS. FURTHER, THE COMPENSATION COMMITTEE ALSO APPROVED A 2024 BONUS FOR THE CEO, WHICH WAS DETERMINED BY THE COMMITTEE INDEPENDENTLY OF THE CEO. THESE COMPENSATION DECISIONS WERE ALSO REVIEWED WITH THE ENTIRE BOARD MEMBERSHIP.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
FUNDING TO CHILD CARE PROVIDERS
-
$325,290
FUNDING TO CHILD CARE PROVIDERS
-
$325,000
FUNDING TO CHILD CARE PROVIDERS
-
$200,000
FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS
-
QUEEN MOTHER'S MARKET COOPERATIVE
$200,000
FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS
-
$193,400
FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS
-
$192,580
FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS
-
$188,400
FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS
-
$180,000
BUILDING HEALTHIER, MORE EQUITABLE COMMUNITIES (BHEC) IN NEW JERSEY
-
WOOSTER LOCAL FOODS COOPERATIVE
$169,700
FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COLLABORATIVE LENDING INITIATIVE INC
501(C)(3) · LENDING AND COMMUNITY INVESTING · PA · controlled entity
Directly controlled by THE REINVESTMENT FUND INC
-
501(C)(3) · LENDING AND COMMUNITY INVESTING · PA · controlled entity
Directly controlled by THE REINVESTMENT FUND INC
-
501(C)(3) · PRIVATE EQUITY · PA · controlled entity
Directly controlled by THE REINVESTMENT FUND INC
-
501(C)(4) · LENDING AND COMMUNITY INVESTING · PA · controlled entity
Directly controlled by THE REINVESTMENT FUND INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
INVESTMENT IN CHARTER SCHOOL FINANCING · DE · income -$1,348 · assets $262,346
Directly controlled by THE REINVESTMENT FUND INC
-
INVESTMENT IN NMTC PARTNERSHIPS · DE · income -$686 · assets $73,718
Directly controlled by THE REINVESTMENT FUND INC
-
INVESTMENT IN CLEAN ENERGY · PA · income $209,950 · assets $5,633,994
Directly controlled by THE REINVESTMENT FUND INC
-
OREO · PA · income $0 · assets $0
Directly controlled by THE REINVESTMENT FUND INC
-
OREO · PA · income $0 · assets $0
Directly controlled by THE REINVESTMENT FUND INC
-
OREO · PA · income $0 · assets $0
Directly controlled by THE REINVESTMENT FUND INC
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RELATED · REDEVELOPMENT ACTIVITIES INCLUDING RENTAL · PA · 80.25% owned · share of income -$35,897 · share of assets -$153,885
-
RELATED · REDEVELOPMENT ACTIVITIES INCLUDING RENTAL · PA · 80.25% owned · share of income -$45,582 · share of assets -$310,513
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $12 · share of assets $653 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $803 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $800 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $6 · share of assets $853 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $9 · share of assets $1,501 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $10 · share of assets $201 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $6 · share of assets $851 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $11 · share of assets $802 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I LP - CLASS A
RELATED · LOAN ADMINISTRATION · PA · general or managing partner
Directly controlled by RF IMPACT ADVISERS INC
-
DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I LP - CLASS B
RELATED · LOAN ADMINISTRATION · PA · 19.01% owned · share of income -$69,125 · share of assets $89,166 · general or managing partner
Directly controlled by RF IMPACT ADVISERS INC
-
CDFI COALITION REVOLVING FUND LLC
RELATED · LOAN ADMINISTRATION · GA · 20% owned · share of income -$845 · share of assets $12,943 · general or managing partner
-
RFIA IMPACT ACCELERATOR BRIDGE LOAN FUND I LLC
RELATED · LOAN ADMINISTRATION · PA · 29.52% owned · share of income $19,720 · share of assets $1,256,548 · general or managing partner
Directly controlled by RF IMPACT ADVISERS INC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $15 · share of assets $352 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $29 · share of assets $1,207 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $4 · share of assets $501 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $8 · share of assets $1,001 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $16 · share of assets $852 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $8 · share of assets $450 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $800 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $11 · share of assets $801 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $12 · share of assets $801 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $525 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $801 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $601 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $1 · share of assets $300 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $775 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
-
RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $3 · share of assets $600 · general or managing partner
Directly controlled by TRF NMTC FUND LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · ON-LINE DATA ANALYSIS AND MAPPING TOOL THAT PROVIDES BROAD ACCESS TO DATA · PA · 84.92% owned · share of income -$973,366 · share of assets $2,541,950 · controlled entity
Directly controlled by THE REINVESTMENT FUND INC
-
C · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $4 · share of assets $801
Directly controlled by TRF NMTC FUND LLC
-
C · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $3 · share of assets $551
Directly controlled by TRF NMTC FUND LLC
-
C · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $4 · share of assets $851
Directly controlled by TRF NMTC FUND LLC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202542819349301004
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.