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TO CREATE, PRESERVE, AND PROMOTE AFFORDABLE HOMEOWNERSHIP AND ADVANCE RACIAL EQUITY IN HOUSING
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$56.1M
Program Spending
83%
of total expenses go to program services
Total Contributions
$42.9M
Total Expenses
▼$44.7M
Total Assets
$122.2M
Total Liabilities
▼$40.9M
Net Assets
$81.3M
Officer Compensation
→$1.2M
Other Salaries
$8.6M
Investment Income
$969.9K
Fundraising
▼$85.2K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$850K
Awards Found
1
Department of Housing and Urban Development
$850K
PURPOSE: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING AWARDS ARE AUTHORIZED UNDER THE CONSOLIDATED APPROPRIATIONS ACT, 2022 PUBLIC LAW 117-328 AND THE EXPLANATORY STATEMENT FOR DIVISION L OF THAT ACT. PROJECTS SELECTED FOR COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING ARE LISTED IN THE JOINT EXPLANATORY STATEMENT (JES) THAT ACCOMPANIES A SPECIFIC FISCAL YEAR’S APPROPRIATIONS ACT OR CONGRESSIONAL RECORD. THE JES LISTS PROJECT, RECIPIENT, STATE, AMOUNT AND CONGRESSIONAL SPONSOR.; ACTIVITIES TO BE PERFORMED: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING AWARD PROJECTS INCLUDE A WIDE VARIETY OF ACTIVITIES THAT RESULT IN ECONOMIC DEVELOPMENT OR COMMUNITY DEVELOPMENT OUTCOMES. HUD WILL NOT KNOW THE FULL SCOPE OF THE PROJECT UNTIL THE RECIPIENT SUBMITS THE REQUIRED PROJECT NARRATIVE AND CONFIRMS ALIGNMENT WITH THE LANGUAGE AS PROVIDED IN THE CONGRESSIONAL RECORD. TO FIND THE DETAILS OF THE GRANT AWARD AS WRITTEN WITHIN THE CONGRESSIONAL RECORD USE THE FOLLOWING LINK AND PATH SELECTIONS TO GET TO THE DESCRIPTION OF THE ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING GRANTS HTTPS://WWW.HUD.GOV/PROGRAM_OFFICES/COMM_PLANNING/EDI-GRANTS, SELECT THE FISCAL YEAR OF INTEREST, SCROLL DOWN TO PROGRAM LAWS AND REGULATIONS, UNDER FISCAL YEAR 20XX CONSOLIDATED APPROPRIATIONS ACT, 20XX: CONGRESSIONAL RECORD (JOINT EXPLANATORY STATEMENT).; EXPECTED OUTCOMES: COMPLETION OF THE PROJECT AS DESCRIBED IN THE JOINT EXPLANATORY STATEMENT (JES) PROJECT DESCRIPTION AND SUBSEQUENT APPROVED PROJECT NARRATIVE.; INTENDED BENEFICIARIES: THE PROJECT BENEFICIARIES ARE THE INDIVIDUALS AND/OR ORGANIZATIONS THAT ARE AWARDED GRANT FUNDS OR SERVED BY THE ENTITIES THAT ARE AWARDED GRANT FUNDS AS IDENTIFIED IN THE JES RECIPIENT OR PROJECT DESCRIPTION SECTIONS.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
9
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $1.8M | Yes | 2025-12-12 |
| 2024 | Clean | Unmodified (Clean) | $2.3M | No | 2024-12-05 |
| 2023 | Clean | Unmodified (Clean) | $3.1M | No | 2024-01-10 |
| 2022 | Minor Findings | Unmodified (Clean) | $1.4M | Yes | 2022-12-12 |
| 2021 | Clean | Unmodified (Clean) | $1.2M | Yes | 2021-12-15 |
| 2020 | Clean | Unmodified (Clean) | $1.5M | Yes | 2020-12-07 |
| 2019 | Clean | Unmodified (Clean) | $1.7M | Yes | 2019-11-19 |
| 2018 | Clean | Unmodified (Clean) | $859.8K | Yes | 2018-11-26 |
| 2017 | Clean | Unmodified (Clean) | $795.6K | Yes | 2017-11-26 |
| 2016 | Clean | Unmodified (Clean) | $1.8M | Yes | 2016-11-20 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$859.8K
Financial Report
Unmodified (Clean)
Federal Expenditure
$795.6K
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.8M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $56.1M | $42.9M | $44.7M | $122.2M | $81.3M |
| 2022 | $44.1M | $30.9M | $27.8M | $95.4M | $66M |
| 2021 | $31.3M | $19M | $25.9M | $80.8M | $50.2M |
| 2020 | $28.6M | $16.7M | $25.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
| Total |
|---|
| Christopher Coleman | President & CEO | 40 | $360.9K | $0 | $36K | $396.9K |
| Elizabeth Mills | VP Of Finance | 40 | $121K | $0 | $40.1K | $161.1K |
| Jim Mulrooney | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Tony Barranco | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Paul Delahunt | Past Chair | 1 | $0 | $0 | $0 | $0 |
| Nash Shaikh | Chair | 1 | $0 | $0 | $0 | $0 |
| Keiko Sugisaka | Secretary | 1 | $0 | $0 | $0 | $0 |
Christopher Coleman
President & CEO
$396.9K
Hrs/Wk
40
Compensation
$360.9K
Related Orgs
$0
Other
$36K
Elizabeth Mills
VP Of Finance
$161.1K
Hrs/Wk
40
Compensation
$121K
Related Orgs
$0
Other
$40.1K
Jim Mulrooney
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tony Barranco
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Paul Delahunt
Past Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Nash Shaikh
Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Keiko Sugisaka
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Robyn Bipes-Timm | Chief Strategy & Operation | 32 | $231.5K | $0 | $46.2K | $277.7K |
| Cathy Lawrence | Chief Of Staff | 40 | $236.1K | $0 | $22.3K | $258.4K |
| Shereese Turner | Chief Program Officer | 40 | $175.8K | $0 | $18.7K | $194.5K |
| Kate Loe | VP Of Resource Development | 40 | $142.6K | $0 | $40.1K | $182.6K |
| William Kirchgessner | VP Of Field Operations | 40 | $142.7K | $0 | $38.3K | $181.1K |
| Chad Bouley |
Robyn Bipes-Timm
Chief Strategy & Operation
$277.7K
Hrs/Wk
32
Compensation
$231.5K
Related Orgs
$0
Other
$46.2K
Cathy Lawrence
Chief Of Staff
$258.4K
Hrs/Wk
40
Compensation
$236.1K
Related Orgs
$0
Other
$22.3K
Shereese Turner
Chief Program Officer
$194.5K
Hrs/Wk
40
Compensation
$175.8K
Related Orgs
$0
Other
$18.7K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Anne Behrendt | Director | 1 | $0 | $0 | $0 | $0 |
| Brandon Berg | Director | 1 | $0 | $0 | $0 | $0 |
| Brian Durmaskin | Director | 1 | $0 | $0 | $0 | $0 |
| Bruce Paradis | Director | 1 | $0 | $0 | $0 | $0 |
| Cecilia Stanton Adams | Director | 1 | $0 | $0 | $0 | $0 |
| Charles Grossman | Director |
Anne Behrendt
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Brandon Berg
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Brian Durmaskin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $82.4M |
| $44.5M |
| 2019 | $27.2M | $14.6M | $29M | $77.8M | $40.3M |
| 2018 | $31.6M | $20.7M | $26.5M | $74.7M | $42M |
| 2017 | $23.2M | $16.2M | $18.4M | $71.4M | $37M |
| 2016 | $18.6M | $11.7M | $19.4M | $65.7M | $32M |
| 2015 | $16.3M | $10.1M | $18M | $65M | $32.7M |
| 2014 | $21.1M | $13.7M | $19.4M | $63.2M | $33.2M |
| 2013 | $21.4M | $14.8M | $19.1M | $61M | $31M |
| 2012 | $21.1M | $14.6M | $19.5M | $52.4M | $28.2M |
| 2011 | $21.3M | $15.4M | $19.2M | $50.8M | $26.6M |
| 2022 | 990 | DataIRS e-File |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| Creo |
| 40 |
| $138.5K |
| $0 |
| $31.2K |
| $169.7K |
| Danielle Duncan | Director Of Equity And Inclusion | 40 | $104.2K | $0 | $38.5K | $142.7K |
| Tim Jacobson | VP Of People And Culture | 40 | $121.4K | $0 | $5,220 | $126.6K |
| Robin Henrichsen | Director Of Restores | 40 | $100.2K | $0 | $25.6K | $125.8K |
Kate Loe
VP Of Resource Development
$182.6K
Hrs/Wk
40
Compensation
$142.6K
Related Orgs
$0
Other
$40.1K
William Kirchgessner
VP Of Field Operations
$181.1K
Hrs/Wk
40
Compensation
$142.7K
Related Orgs
$0
Other
$38.3K
Chad Bouley
Creo
$169.7K
Hrs/Wk
40
Compensation
$138.5K
Related Orgs
$0
Other
$31.2K
Danielle Duncan
Director Of Equity And Inclusion
$142.7K
Hrs/Wk
40
Compensation
$104.2K
Related Orgs
$0
Other
$38.5K
Tim Jacobson
VP Of People And Culture
$126.6K
Hrs/Wk
40
Compensation
$121.4K
Related Orgs
$0
Other
$5,220
Robin Henrichsen
Director Of Restores
$125.8K
Hrs/Wk
40
Compensation
$100.2K
Related Orgs
$0
Other
$25.6K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Dean Wahlin | Director | 1 | $0 | $0 | $0 | $0 |
| Delinda Washington | Director | 1 | $0 | $0 | $0 | $0 |
| Eric Skalland | Director | 1 | $0 | $0 | $0 | $0 |
| Godson Sowah | Director | 1 | $0 | $0 | $0 | $0 |
| Jamie Mccarty | Director | 1 | $0 | $0 | $0 | $0 |
| Jeff Hayden | Director | 1 | $0 | $0 | $0 | $0 |
| Jonathan Sage- Martinson | Director | 1 | $0 | $0 | $0 | $0 |
| Kate Shibilski | Director | 1 | $0 | $0 | $0 | $0 |
| Lara Koza | Director | 1 | $0 | $0 | $0 | $0 |
| Laura Crosby | Director | 1 | $0 | $0 | $0 | $0 |
| Laura Reed | Director | 1 | $0 | $0 | $0 | $0 |
| Lou Cristan | Director | 1 | $0 | $0 | $0 | $0 |
| Mark Copman | Director | 1 | $0 | $0 | $0 | $0 |
| Ralph Pace | Director | 1 | $0 | $0 | $0 | $0 |
| Richard Rubenstein | Director | 1 | $0 | $0 | $0 | $0 |
| Scott Hietpas | Director | 1 | $0 | $0 | $0 | $0 |
| Steve Albrecht | Director | 1 | $0 | $0 | $0 | $0 |
| Tara Norgard | Director | 1 | $0 | $0 | $0 | $0 |
| Tariq Malik | Director | 1 | $0 | $0 | $0 | $0 |
Bruce Paradis
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Cecilia Stanton Adams
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Charles Grossman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dean Wahlin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Delinda Washington
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Eric Skalland
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Godson Sowah
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jamie Mccarty
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jeff Hayden
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jonathan Sage- Martinson
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kate Shibilski
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lara Koza
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Laura Crosby
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Laura Reed
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lou Cristan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mark Copman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ralph Pace
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Richard Rubenstein
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Scott Hietpas
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steve Albrecht
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tara Norgard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tariq Malik
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0