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EIN 38-3666288

Cinnaire Lending Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lansing
State
Michigan
Year formed
2002
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
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
$12,692,635
2022
Total expenses
$9,591,248
2022
Total assets
$102,169,099
2022
Num. employees
0
2022

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
Hillman Family FoundationsRevolving Fund in Support of Loans for Allegheny County Affordable Housing Preservation$5,000,000
The Ford FoundationCore Support for Tax Credit Investing, Lending, and Real Estate Development Assistance for Community Development and Grassroots Organizations in Detroit$100,000

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
James PeffleyChief Strategy Officer
...and 41 more key personnel

Financials for Cinnaire Lending Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,341,796
Program services$4,896,024
Investment income and dividends$454,815
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$12,692,635

Form 990s for Cinnaire Lending Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-08990View PDF
2019-122021-02-24990View PDF
2018-122020-01-22990View PDF
...and 9 more Form 990s

Organizations like Cinnaire Lending Corporation

OrganizationLocationRevenue
Washington Area Community Investment FundWashington, DC$7,616,507
Bluehub Loan FundBoston, MA$22,068,331
Coastal Enterprises (CEI)Brunswick, ME$13,614,519
Cincinnati Development Fund (CDF)Cincinnati, OH$10,309,687
Boston Community Capital Venture FundBoston, MA$7,927,140
Ohio Community Development Finance FundColumbus, OH$9,454,085
Midwest Minnesota Community Development CorporationDetroit Lakes, MN$6,318,095
I2eOklahoma City, OK$6,662,200
Mountain AssociationBerea, KY$6,043,653
Locus Impact FundChristiansburg, VA$9,556,651
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $5,000,000 from Hillman Family Foundations
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from The Ford Foundation
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1118 S Washington Ave
Lansing, MI 48910
Metro area
Lansing-East Lansing, MI
County
Ingham County, MI
Website URL
cinnaire.com/ 
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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