NonprofitsCatalytic Development Funding Corp Of Northern Kentucky

Community Improvement & Capacity Building

Catalytic Development Funding Corp Of Northern Kentucky

COVINGTON, KY

Total revenue

$5.2M

Total expenses

$3.4M

Net assets

$5.4M

Grants received

$2.6M

28 grants

EIN

263389252

Tax year

2024

Mission

The catalytic fund's mission is to attract quality place-based investments to northern kentucky's river cities that result in regional economic development (job and talent attraction) and local community development (improving quality of life and place for lmi residents). Our innovative financing products, development services, and vibrancy initiatives convert community revitalization plans into completed projects that have lasting and measurable impact.

Financials

FY 2024

Revenue

Contributions & grants$3.8M
Program service revenue$202K
Investment income$1.3M
Other revenue
Total revenue$5.2M

Expenses

Grants paid$1.5M
Salaries & benefits$807K
Fundraising$50K
Other expenses$1.1M
Total expenses$3.4M
Total assets$29.9M
Net assets$5.4M

People

24 listed

NameRoleCompensation

JEANNE SCHROER

PRESIDENT & CEO

Board

$310K

40 hrs/wk

MARTHA SKELTON

SECRETARY

Board

0.5 hrs/wk

MARK CAESAR

TREASURER

Board

0.5 hrs/wk

THOMAS ALLEN

DIRECTOR

Board

0.5 hrs/wk

GENE BARBER

DIRECTOR

Board

0.5 hrs/wk

MARK BICKER

DIRECTOR

Board

0.5 hrs/wk

BRIAN FINLEY

DIRECTOR

Board

0.5 hrs/wk

ROBERT LAMOTHE

DIRECTOR

Board

0.5 hrs/wk

BOB LUEBBE

DIRECTOR

Board

0.5 hrs/wk

BERNIE MCKAY

DIRECTOR

Board

0.5 hrs/wk

JASON PAYNE

DIRECTOR

Board

0.5 hrs/wk

MATTHEW RANDAZZO

DIRECTOR

Board

0.5 hrs/wk

LEE SCHEBEN

DIRECTOR

Board

0.5 hrs/wk

JIM UEBEL

DIRECTOR

Board

0.5 hrs/wk

PAM WEBER

DIRECTOR

Board

0.5 hrs/wk

RHONDA WHITAKER-HURTT

DIRECTOR

Board

0.5 hrs/wk

RICK WIRTHLIN

DIRECTOR

Board

0.5 hrs/wk

WILL WOODWARD

DIRECTOR

Board

0.5 hrs/wk

BRUNO GIACOMUZZI

DIRECTOR (THRU 1/2024)

Board

0.5 hrs/wk

SCOTT SMITH

DIRECTOR (THRU 4/2024)

Board

0.5 hrs/wk

MARTIN BUTLER

VICE CHAIRMAN

Board

0.5 hrs/wk

CHARLES SCHEPER

CHAIRMAN

Board

0.5 hrs/wk

JOSEPH KLARE

CHIEF OPERATING OFFICER

Staff

$230K

40 hrs/wk

TRAVIS GYSEGEM

DIRECTOR OF RESEARCH & UNDERWRITING

Staff

$110K

40 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
$500K
SPARKHAUS BUILDING REHABILITATION AND DEVELOPMENT
2024
$300K
OPERATING GRANT
2024
$245K
General support
2024
$50K
PROGRAMATIC SUPPORT
2024
$50K
PROGRAMATIC SUPPORT
2024
$25K
Program Support
2024
$350K
ONENKY HQ PROJECT IN COVINGTON
2023
$250K
1 grant(s) for varying purposes
2023
$50K
PROGRAMATIC SUPPORT
2023
$30K
CHARITABLE DONATION
2023
$25K
SOCIAL SERVICES
2023
$25K
Program Support
2023
$55K
VIBRANT ECONOMIES
2022
$50K
GENERAL PURPOSE
2022
$50K
2022 RENEWABLE ENERGY EFFICIENT GRANT
2022
$30K
GENERAL OPERATING SUPPORT 2022
2022
$20K
CHARITABLE DONATION
2022
$6K
Program Support
2022
$219K
General Support
2020
$70K
GENERAL OPERATING SUPPORT, PYMT 2/3
2020
$50K
GENERAL PURPOSE
2020
$25K
Program Support
2020
$25K
CHARITABLE DONATION
2020

Funded by

$2.6M from 11 funders · 28 grants · 2017–2024

Carol Ann And Ralph V Haile Jr

$950K · 4 grants · 2020–2024

Horizon Community Funds of Northern

$515K · 4 grants · 2020–2024

Opportunity Finance Network

$350K · 2 grants · 2022–2024

The Greater Cincinnati Foundation

$251K · 5 grants · 2020–2024

The Winston-Salem Foundation

$250K · 1 grant · 2023

St Elizabeth Medical Center Inc

$81K · 4 grants · 2020–2024

Charities Aid Foundation America

$75K · 3 grants · 2020–2023

American Online Giving Foundation Inc

$70K · 2 grants · 2023–2024

Details

EIN263389252
NTEE codeS31
Subsection03
Ruling date2009-09
Formed2008
Employees6
Volunteers35