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Michigan · Nonprofit

CINNAIRE CORPORATION

CINNAIRE CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $500,000 to it, the largest being DELTA DENTAL PLAN OF MICHIGAN INC ($250,000). 0 of them have funded it in more than one year.

Revenue FY2024
$25M
Funders on record
2
Grants received
$500k
Net assets
$65M
0/2 repeat funderspeak grant-dependency 2%
01What it does

What Cinnaire Corporation does

Program

  1. Cinnaire provides equity capital and flexible loans to expand and preserve affordable housing in underserved communities. These investments revitalize neighborhoods, empower individuals and create economic opportunities.

    $24,147,140 spent

The program described on its FY2023 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($16M) Expenses 100 ($17M) Net assets 100 ($33M)2020 Revenue 102 ($17M) Expenses 95 ($16M) Net assets 101 ($33M)2021 Revenue 134 ($22M) Expenses 111 ($19M) Net assets 109 ($35M)2022 Revenue 305 ($50M) Expenses 130 ($23M) Net assets 192 ($63M)2023 Revenue 157 ($26M) Expenses 141 ($25M) Net assets 195 ($64M)2024 Revenue 153 ($25M) Expenses 139 ($24M) Net assets 198 ($65M)
201920202021202220232024
Revenue (153)Expenses (139)Net assets (198)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $45M to $64M (+41%).

$45M
$64M
$75M
$76M
$73M
$72M
201920202021202220232024
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Mark Mcdaniel

Chief executive officer

As listed on its FY2024 Form 990-PF.

201920202021202220232024
Listed202124182424
Joined·+4+5+1+7+0
No longer listed·32710
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income held at $250k.

Funder
'20
'23
total
funders
1
1

From the IRS filings of CINNAIRE CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CINNAIRE CORPORATION leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CINNAIRE CORPORATION.

50%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of CINNAIRE CORPORATION's grant income comes from Michigan funders.

MI

In-state vs out-of-state, by year

’20
’23
Michigan out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CINNAIRE CORPORATION is better cushioned than half of the 817 housing & shelter nonprofits its size.

Months of reserve3.5mo · above the median
Revenue growth (annualized)9% · below the median

this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024

Organizations like CINNAIRE CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for CINNAIRE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CINNAIRE CORPORATION?
CINNAIRE CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $500,000 to it, the largest being DELTA DENTAL PLAN OF MICHIGAN INC ($250,000). 0 of them have funded it in more than one year.
How many funders does CINNAIRE CORPORATION have?
IRS filings report 2 organizations giving $500,000 in grants to CINNAIRE CORPORATION.
Who is the largest funder of CINNAIRE CORPORATION?
DELTA DENTAL PLAN OF MICHIGAN INC is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like CINNAIRE CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing