EIN 84-1505466

Impact Development Fund

IRS 501(c) type
501(c)(3)
Num. employees
50
Year formed
1999
Most recent tax filings
2023-12-01
Description
The Impact Development Fund provides loans for affordable housing and nonprofit facilities, creates economic opportunity by delivering flexible capital to strengthen underserved Colorado communities, and provides technical assistance through workshops and one-on-one consultations. It also offers early stage, short-term loans to affordable housing, non-profit community facilities, and neighborhood revitalization project developers throughout the state of Colorado.
Also known as...
Mile High Community Loan Fund
Total revenues
$13,003,579
2023
Total expenses
$7,133,076
2023
Total assets
$126,217,919
2023
Num. employees
50
2023

Program areas at Impact Development Fund

Impact Development Fund provides early stage, short-term loans to affordable housing, non-profit community facilities, and neighborhood revitalization project developers throughout the state of Colorado.
Impact Development Fund provides technical assistance to non-profit affordable housing and community service organizations planning to renovate, acquire, build and/or expand real estate. The technical assistance is provided through workshops and one-on-one consultation.

Who funds Impact Development Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community Foundation Serving Boulder CountyWildfire Relief$5,525,000
Opportunity Finance Network (OFN)Finance Justice Fund Subgrant$160,000
The Zions Bancorporation FoundationProvide Affordable Housing Loans$5,000
...and 1 more grant received

Personnel at Impact Development Fund

NameTitleCompensation
Megan FergusonChief Executive Officer$133,861
Rachel TweedyChief Operating Officer
Emily NilsenChief Program Officer
Connie EaleyChief Compliance Officer
Sean DohertyExecutive Director$160,385
...and 13 more key personnel

Financials for Impact Development Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,441,886
Program services$5,816,590
Investment income and dividends$745,103
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$13,003,579

Form 990s for Impact Development Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-26990View PDF
2022-122023-11-03990View PDF
2021-122022-11-07990View PDF
2020-122021-10-26990View PDF
2019-122020-12-03990View PDF
...and 9 more Form 990s

Organizations like Impact Development Fund

OrganizationLocationRevenue
Massachusetts Housing Investment Corporation (MHIC)Boston, MA$16,061,783
Community First FundLancaster, PA$19,580,531
Ohio Capital Corporation for Housing (OCCH)Columbus, OH$44,332,623
MoFiMissoula, MT$20,160,998
Corporation for Supportive Housing (CSH)New York, NY$46,608,265
Roc USA LLCConcord, NH$21,389,105
Century Housing CorporationCulver City, CA$37,466,757
Vermont Community Loan FundMontpelier, VT$3,257,007
Renaissance Community Loan FundGulfport, MS$5,391,783
Midwest Housing Development FundOmaha, NE$5,776,652
Data update history
October 22, 2024
Used new vendors
Identified 1 new vendor, including
October 3, 2024
Updated personnel
Identified 7 new personnel
January 1, 2024
Received grants
Identified 2 new grant, including a grant for $5,525,000 from The Community Foundation Serving Boulder County
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsCommunity Development Financial InstitutionsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
200 E 7th St 412
Loveland, CO 80537
Metro area
Fort Collins, CO
County
Larimer County, CO
Website URL
impactdf.org/ 
Phone
(970) 494-2021
IRS details
EIN
84-1505466
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L12: Housing and Shelter Fund Raising and Fund Distribution
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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