Minnesota · Nonprofit
COMMUNITY REINVESTMENT FUND INC
COMMUNITY REINVESTMENT FUND INC (Minnesota) receives grants from 38 organizations whose IRS filings report $66,471,390 to it, the largest being The Chicago Community Trust ($35,077,500). 21 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $47M
- Funders on record
- 38
- Grants received
- $66M
- Net assets
- $94M
What Community Reinvestment Fund Inc does
Mission
To expand economic opportunity for small businesses and communities by reimagining the way capital and resources flow.
As stated on its FY2025 Form 990.
Programs
Lending programs - founded in 1988, community reinvestment fund, usa (crf) is a national non-profit organization and a leading community development financial institution (cdfi). Crf works collaboratively with community lenders and stakeholders to increase economic mobility, build strong local economies, and reduce the wealth gap in pursuit of a just economy that works for all. In partnership with others, crf co-creates and delivers programs, products and services that address the barriers and inequities small businesses with a history of underrepresentation face. Capital is provided directly to small businesses through direct lending programs including sba 7(a) and new market tax credits, as well as indirectly through programs such as the bond guarantee program. During the fiscal year 2025, crf provided financing totaling $72 million to small businesses via direct lending and also issued $325 million via bgp, leading to the creation or retention of over 2,900 jobs.
$21,114,818 spentof which $350,000 as grants$15,468,781 earned by the program84% of program spendingTechnology solutions - crf offers technology solutions that support and enable access to affordable and responsible small business financing and improve the efficiency and scalability of mission-based lenders. These solutions are critical to many public-private partnerships across the country, as well as partnerships between traditional banks and cdfis. During the fiscal year 2025, crf facilitated the origination of approximately 453 loans totaling $44.6 million.
$2,620,890 spent$899,764 earned by the program10% of program spendingLoan servicing and fund administration - crf is a national loan servicer and fund administrator that specializes in providing high-touch, customized service. With more than 20 years of experience, crf focuses on providing servicing and administration for mission-aligned organizations with a variety of asset types including commercial real estate, community facilities, equipment, and others. During the 2025 fiscal year, crf provided third party loan servicing support for 18 community development lenders with volume of approximately 356 loans totaling $33.3 million. During the 2025 fiscal year, crf provided administration for 8 funds with assets totaling more than $52.2 million.
$1,403,253 spent$1,706,536 earned by the program6% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $25,138,961.
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.
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 $121M to $272M (+125%).
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.
Government-grant reliance: 2017 6% · 2018 3% · 2019 3% · 2021 8% · 2022 4% · 2023 29% · 2024 22%. Grants only. Government contracts and fees sit inside program revenue.
61% of COMMUNITY REINVESTMENT FUND INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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
Matthew Roth
CEO & president
Board chair
Daniel Spiller
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 7 funders to 9 funders, grant income rose $433k → $2.3M.
10 of 38 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% 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 REINVESTMENT FUND INC’s funders (the co-funder graph). Top 30 of 38 funders by total. 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 REINVESTMENT FUND INC leans on a few funders — its largest provides 53% of grant income and the top three 75%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
62% 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 REINVESTMENT FUND INC.
Largest funder’s share by year: 2017 58% · 2018 51% · 2019 44% · 2020 57% · 2021 74% · 2022 49% · 2023 60% — 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.
How long its funders stay
32% of COMMUNITY REINVESTMENT FUND INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.
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
59% of COMMUNITY REINVESTMENT FUND INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $27M that is directly attributable, 77% of it comes from funders outside Minnesota, across 15 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $39M arriving through sponsors registered in 7 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.
Against its field
COMMUNITY REINVESTMENT FUND INC runs a healthier operating margin than three-quarters of the 328 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 328 community improvement nonprofits $10M–$100M, FY2025
Government funding COMMUNITY REINVESTMENT FUND INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8.7M on record.
- Department of the Treasury$8.7M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like COMMUNITY REINVESTMENT FUND INC
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 Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 35 states
Part of a family of 90 related entities
- Crf Affordable Housing No 1 LLC · disregarded
- Crf Affordable Housing No 2 LLC · disregarded
- Crf Affordable Housing No 3 LLC · disregarded
- Crf Charter School Investor LLC · disregarded
- Crf Fund Management Services LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for COMMUNITY REINVESTMENT FUND INC: 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.
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 REINVESTMENT FUND INC?
- COMMUNITY REINVESTMENT FUND INC (Minnesota) receives grants from 38 organizations whose IRS filings report $66,471,390 to it, the largest being The Chicago Community Trust ($35,077,500). 21 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does COMMUNITY REINVESTMENT FUND INC have?
- IRS filings report 38 organizations giving $66,471,390 in grants to COMMUNITY REINVESTMENT FUND INC, 21 of which have funded it in more than one year.
- Who is the largest funder of COMMUNITY REINVESTMENT FUND INC?
- The Chicago Community Trust is the largest funder on record, with $35,077,500 in grants. The full list of funders is on this page.
- How can an organization like COMMUNITY REINVESTMENT FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 FY2025 (financials across 2017–2025), and the filings of 38 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