Overview

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Est.

1988

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CINCINNATI DEVELOPMENT FUND is a nonprofit focused on rent and mortgage assistance, with a mission to strengthen underserved neighborhoods and improve lives through innovative financing. Based on its 2025 filing, it reports an operating budget of $17M and total revenue of $20M; its top funders include IFF, CAROL ANN AND RALPH V HAILE JR FOUNDATION, and OPPORTUNITY FINANCE NETWORK.

Mission Statement

TO STRENGTHEN UNDERSERVED NEIGHBORHOODS AND IMPROVE LIVES THROUGH INNOVATIVE FINANCING.
Revenues
$20M
Expenses
$17M
Net Income:
+$2.9M
Assets
$101.6M
Liabilities
$64M
Net Assets:
+$37.6M
Operating Budget
$17M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$146.4K
Largest grant received
$286.7K
J
Joseph Huber
Board Member
S
Susan Thomas
Board Member
D
Doug Burgess
Board Member
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  • 15 funders
  • 51 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CINCINNATI DEVELOPMENT FUND’s budget?
In 2025, CINCINNATI DEVELOPMENT FUND reported an annual operating budget of around $17 million. More detailed financial information is available to registered users.
What causes does CINCINNATI DEVELOPMENT FUND support?
CINCINNATI DEVELOPMENT FUND supports work in Rent and mortgage assistance.
Where does CINCINNATI DEVELOPMENT FUND operate?
CINCINNATI DEVELOPMENT FUND is headquartered in Cincinnati, OH.
Who funded CINCINNATI DEVELOPMENT FUND recently?
In 2024, CINCINNATI DEVELOPMENT FUND received grants from HOMEBASE CINCINNATI, DONOR ADVISED CHARITABLE GIVING INC, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant CINCINNATI DEVELOPMENT FUND received in 2024?
The largest grant to CINCINNATI DEVELOPMENT FUND in 2024 exceeds $287 thousand.
What is CINCINNATI DEVELOPMENT FUND’s reliance on government grants?
CINCINNATI DEVELOPMENT FUND relied on government grants for more than 60% of their total revenue in 2025.