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Utah · Nonprofit

COMMUNITY DEVELOPMENT CORPORATION OF UTAH

COMMUNITY DEVELOPMENT CORPORATION OF UTAH (Utah) receives grants from 12 organizations whose IRS filings report $1,153,505 to it, the largest being THE HOUSING PARTNERSHIP NETWORK INC ($683,554). 7 of them have funded it in more than one year.

Revenue FY2025
$16M
Funders on record
12
Grants received
$1.2M
Net assets
$3.1M
7/12 repeat funderspeak grant-dependency 18%
01What it does

What Community Development Corporation of Utah does

Mission

The Community Development Corporation of Utah (cdcu) helps our community thrive by empowering people on their path toward financial security, housing stability, and access to affordable homes.we achieve this by:1. Increasing financial knowledge and skills through education and coaching2. Providing housing-related financial assistance and loan products that are accessible to lower income utahns3. Developing and preserving affordable homes to own and rent

As stated on its FY2025 Form 990.

Programs

  1. Down payment assistance granted $324,545 in down payment assistance grants to 9 low- and moderate-income families to offset closing costs and enable families to successfully purchase an affordable home.

    $390,592 spentof which $324,545 as grants$2,625 earned by the program
    2% of program spending

  2. Homeowner rehabilitation and ownership constructed or rehabilitated homes which are sold to low-to-moderate income families, which provides an affordable home and improves the community by transforming blighted homes into safe and stable homes. Cdcu also partners with salt lake county in the green and healthy homes initiative which provides grants and loans to low-income families for critical home repairs.

    $202,175 spentof which $144,077 as grants
    1% of program spending

  3. Mortgage assistance granted $13,337,991 in mortgage assistance grants to 659 low- to moderate-income 659 individuals. The mortgage assistance program provides temporary mortgage assistance to households impacted by the covid-19 pandemic or those who are experiencing other financial hardships.

    $14,454,667 spentof which $13,337,991 as grants
    89% of program spending

  4. Homebuyer education and foreclosure mitigation counseling provided financial education and counseling services to 817 low- to moderate-income households (2,563 individuals) to enable them to become and remain successful homeowners. Provided foreclosure prevention and loan mitigation to families to prevent foreclosure on their homes during times of crisis. These services are provided at no cost to the program participants.

    $347,682 spent$2,220 earned by the program
    2% of program spending

  5. Real estate development.

    $502,773 spent$815,868 earned by the program
    3% of program spending

  6. Affordable housing - preserves existing affordable housing by acquiring and rehabilitating multi-family properties that are rented to low-to-moderate income residents.

    $314,280 spent$308,804 earned by the program
    2% of program spending

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $16,212,169.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($1.8M) Net assets 100 ($3.1M)2018 Revenue 83 ($1.4M) Expenses 87 ($1.5M) Net assets 94 ($2.9M)2019 Revenue 102 ($1.7M) Expenses 124 ($2.2M) Net assets 78 ($2.4M)2020 Revenue 103 ($1.7M) Expenses 121 ($2.1M) Net assets 64 ($1.9M)2021 Revenue 164 ($2.7M) Expenses 131 ($2.3M) Net assets 77 ($2.3M)2022 Revenue 166 ($2.7M) Expenses 153 ($2.7M) Net assets 78 ($2.4M)2023 Revenue 879 ($14M) Expenses 832 ($15M) Net assets 75 ($2.3M)2024 Revenue 2125 ($35M) Expenses 1944 ($34M) Net assets 102 ($3.1M)2025 Revenue 989 ($16M) Expenses 932 ($16M) Net assets 100 ($3.1M)
'17'18'19'20'21'22'23'24'25
Revenue (989)Expenses (932)Net assets (100)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 2022 to 2023, from $10M to $21M (+110%).

$4.9M
$3.9M
$7.5M
$11M
$14M
$10M
$21M
$21M
$17M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 39% · 2018 47% · 2019 62% · 2020 45% · 2021 33% · 2022 43% · 2023 91% · 2024 94% · 2025 95%. Grants only. Government contracts and fees sit inside program revenue.

98% of COMMUNITY DEVELOPMENT CORPORATION OF UTAH’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$110k
’17
−$173k
’18
−$512k
’19
−$426k
’20
$397k
’21
$53k
’22
−$135k
’23
$842k
’24
−$80k
’25
0.8
months of
reserve

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

J Todd Reeder

Chief executive officer

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24'25
Listed151413151516121215
Joined·+1+3+3+0+2+0+2+5
No longer listed·24101422
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 5 funders, grant income fell $154k → $109k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
2
1
1
4
4
4
5
8
2

4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of COMMUNITY DEVELOPMENT CORPORATION OF UTAH’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

COMMUNITY DEVELOPMENT CORPORATION OF UTAH leans on a few funders — its largest provides 59% of grant income and the top three 77%; half comes from just 1 funder.

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

73% 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 COMMUNITY DEVELOPMENT CORPORATION OF UTAH.

59%
largest funder
77%
top three
~3
effective funders

Largest funder’s share by year: 2017 74% · 2018 100% · 2019 100% · 2020 97% · 2021 69% · 2022 71% · 2023 69% — diversifying over time.

“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.

How long its funders stay

40% of COMMUNITY DEVELOPMENT CORPORATION OF UTAH's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

COMMUNITY DEVELOPMENT CORPORATION OF UTAH draws 87% of its grant income from funders outside Utah, across 5 states in all.

WA
MA
CT
UT
NC

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

’17
’18
’19
’20
’21
’22
’23
Utah out of state home

Funder states come from each funder’s own filing. $148k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

COMMUNITY DEVELOPMENT CORPORATION OF UTAH has grown faster than three-quarters of the 449 housing & shelter nonprofits its size.

Operating margin−0% · below the median
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Organizations like COMMUNITY DEVELOPMENT CORPORATION OF UTAH

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 Utah

Mountainlands Community Housing Associat82%Utah Housing Coalition Inc82%Housing Plus82%Utah Regional Housing Corporation82%Salt Lake Neighborhood Housing Services DBA Neighborworks Salt Lake81%Utah Heritage Foundation80%Utah Clean Energy Alliance Inc80%Habitat for Humanity Northern Utah80%

Nationally

Midwest Minnesota Community Development Corporation86%Community Preservation Development Corporation85%Community Resources and Housing Development Corporation85%Community Development Corporation of Long Island Inc84%Resources for Community Development84%Community Development Corporation of Brownsville Dba Come Dream Come Build84%Community Resource Center84%Consumer Debt Counselors Inc83%
05Profile & governance

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

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

UT

Part of a family of 2 related entities

  • CDC Homes LLC · disregarded
  • Community Development Fund of Utah · exempt

Screen this organization

A dated, signed PDF of the compliance screen for COMMUNITY DEVELOPMENT CORPORATION OF UTAH: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 COMMUNITY DEVELOPMENT CORPORATION OF UTAH?
COMMUNITY DEVELOPMENT CORPORATION OF UTAH (Utah) receives grants from 12 organizations whose IRS filings report $1,153,505 to it, the largest being THE HOUSING PARTNERSHIP NETWORK INC ($683,554). 7 of them have funded it in more than one year.
How many funders does COMMUNITY DEVELOPMENT CORPORATION OF UTAH have?
IRS filings report 12 organizations giving $1,153,505 in grants to COMMUNITY DEVELOPMENT CORPORATION OF UTAH, 7 of which have funded it in more than one year.
Who is the largest funder of COMMUNITY DEVELOPMENT CORPORATION OF UTAH?
THE HOUSING PARTNERSHIP NETWORK INC is the largest funder on record, with $683,554 in grants. The full list of funders is on this page.
How can an organization like COMMUNITY DEVELOPMENT CORPORATION OF UTAH find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Community Development Corporation of Utah →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 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