Cleveland Development Advisors Community Reinvestment Fund Inc
AI Summary
Cleveland Development Advisors Community Reinvestment Fund Inc is a nonprofit organization focused on urban development and community improvement in Northeast Ohio. With an operating budget of $3.5 million and total revenue of $7.4 million for the 2024 filing year, the organization aims to promote community development and revitalization by providing investment capital to low-income communities and individuals, fostering sustainable neighborhoods through collaboration with various partners. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.clevelanddevelopmentadvisors.com.
Mission Statement
To promote community development and revitalization by supporting and providing investment capital for low-income communities and low-income persons in Northeast Ohio to create sustainable neighborhoods and communities through neighborhood redevelopment and small business growth through collaboration and inclusivity with public, private and not-for-profit partners.
Cause Areas
2
Community improvement
Urban development
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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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Frequently Asked Questions
What is Cleveland Development Advisors Community Reinvestment Fund Inc’s budget?
In 2024, Cleveland Development Advisors Community Reinvestment Fund Inc reported an annual operating budget of around $3.5 million. More detailed financial information is available to registered users.
What causes does Cleveland Development Advisors Community Reinvestment Fund Inc support?
Cleveland Development Advisors Community Reinvestment Fund Inc supports work in Community improvement and Urban development.
Where does Cleveland Development Advisors Community Reinvestment Fund Inc operate?
Cleveland Development Advisors Community Reinvestment Fund Inc is headquartered in Cleveland, OH.
Who funded Cleveland Development Advisors Community Reinvestment Fund Inc recently?
In 2024, Cleveland Development Advisors Community Reinvestment Fund Inc received grants from The George Gund Foundation, OPPORTUNITY FINANCE NETWORK, and OPPORTUNITY FINANCE NETWORK. More information on this organization’s funders is available to registered users.
What is the largest grant Cleveland Development Advisors Community Reinvestment Fund Inc received in 2024?
The largest grant to Cleveland Development Advisors Community Reinvestment Fund Inc in 2024 exceeds $50 thousand.
What is Cleveland Development Advisors Community Reinvestment Fund Inc’s reliance on government grants?
Cleveland Development Advisors Community Reinvestment Fund Inc relied on government grants for more than 40% of their total revenue in 2024.