EIN 31-1229532

Ohio Community Development Finance Fund

IRS 501(c) type
501(c)(3)
Num. employees
19
State
Year formed
1987
Most recent tax filings
2023-12-01
Description
The Ohio Community Development Finance Fund builds bridges between resources and the low-income community to improve the quality of life for people. The organization locates funding and provides resources to support organizations that assist low and moderate income families and communities. OCDFD offers a variety of different programs and services to connect non-profits and small businesses to the resources they need, including credit enhancement programs, grants, and urban and rural lending.
Total revenues
$16,922,285
2023
Total expenses
$7,086,220
2023
Total assets
$72,269,615
2023
Num. employees
19
2023

Program areas at Ohio Community Development Finance Fund

Ohio Community Development Finance Fund (ocdff) offers a variety of different programs and services to connect non-profits and small businesses to the resources they need. These programs include credit enhancement programs, grants, and urban and rural lending several of the credit enhancement programs include the linked deposit Fund and the child care capital Fund. The linked deposit Fund provides affordable financing from local lenders for housing and economic projects reducing the interest rate on construction or permanent financing. The child care capital Fund provides resources for financing real estate projects available to head start agencies to reduce the interest rate on permanent financing ocdff also offers programs for predevelopment grants and economic Development grants predevelopment grants provide funding for Community based non-profits for project "soft costs" on housing and economic Development projects economic Development grants provide funding for neighborhood commercial improvement projects that create private-sector jobs to strengthen the area's economic base ocdff also provides a variety of different urban and rural lending programs, including new markets loans. New markets loans provide credit for fixed assets to nonprofit and for-profit business borrowers in qualifying low-income census tracks.

Grants made by Ohio Community Development Finance Fund

GranteeGrant descriptionAmount
Finance Fund Capital CorporationOther$1,074,000
Medina Creative HousingEconomic Development$150,000
Ironton and Lawrence County Area Community Action OrganizationEconomic Development$100,000
...and 32 more grants made totalling $2,625,710

Who funds Ohio Community Development Finance Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$5

Personnel at Ohio Community Development Finance Fund

NameTitleCompensation
Diana TuroffPresident and Chief Executive Officer$449,992
Matt FrankChief Financial Officer$286,512
Suzette BerryVice President of Human Resources
Amber DollSenior Vice President of Strategic Initiatives
David PetroniVice President, Real Estate
...and 14 more key personnel

Financials for Ohio Community Development Finance Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,735,000
Program services$15,089,623
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$97,662
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,922,285

Form 990s for Ohio Community Development Finance Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-05990View PDF
2022-122023-07-31990View PDF
2021-122022-08-04990View PDF
2020-122021-09-01990View PDF
2019-122021-02-19990View PDF
...and 9 more Form 990s

Organizations like Ohio Community Development Finance Fund

OrganizationLocationRevenue
Midwest Minnesota Community Development CorporationDetroit Lakes, MN$6,318,095
Coastal Enterprises (CEI)Brunswick, ME$22,641,314
Community Loan Fund of New JerseyNew Brunswick, NJ$19,077,899
Locus Impact FundChristiansburg, VA$9,556,651
Mountain AssociationBerea, KY$8,094,633
The Reinvestment Fund (TRF)Philadelphia, PA$54,478,225
Florida Community Loan Fund (FCLF)Orlando, FL$15,185,807
I2eOklahoma City, OK$6,662,200
Community Vision Capital and ConsultingSan Francisco, CA$10,403,968
Colorado Enterprise Fund (CEF)Denver, CO$18,269,112
Data update history
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Updated personnel
Identified 2 new personnel
September 30, 2022
Used new vendors
Identified 2 new vendors, including , and
August 4, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
366 E Broad St 101
Columbus, OH 43215
Metro area
Columbus, OH
County
Franklin County, OH
Website URL
financefund.org/ 
Phone
(614) 221-1114
Twitter profile
@financefund 
IRS details
EIN
31-1229532
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
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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