Nonprofits›Cinnaire Lending Corporation

Housing & Shelter

Cinnaire Lending Corporation

LANSING, MI

Total revenue

$19.3M

Total expenses

$13.2M

Net assets

$44.5M

Grants received

$11.0M

12 grants

EIN

383666288

Tax year

2024

Mission

To raise & deploy capital to support the development of healthy & vibrant neighborhoods.

Financials

FY 2024

Revenue

Contributions & grants$8.4M
Program service revenue$10.3M
Investment income$567K
Other revenue$6K
Total revenue$19.3M

Expenses

Grants paid—
Salaries & benefits$8.3M
Fundraising—
Other expenses$4.9M
Total expenses$13.2M
Total assets$157.3M
Net assets$44.5M

People

11 listed

NameRoleCompensation

KATHY KAMP

CHAIR

Board

—

1 hrs/wk

ADRIAN BROOKS

SECRETARY/TREASURER

Board

—

1 hrs/wk

MARK ANGELINI

DIRECTOR

Board

—

1 hrs/wk

JOSH EARN

DIRECTOR

Board

—

1 hrs/wk

KENYETTA MCCURDY-BYRD

DIRECTOR

Board

—

1 hrs/wk

BRETT MACLEOD

DIRECTOR

Board

—

1 hrs/wk

JASON PAULATEER

DIRECTOR

Board

—

1 hrs/wk

AKOBE SANDY - PART YEAR

DIRECTOR

Board

—

1 hrs/wk

MICHAEL J TAYLOR - PART YEAR

DIRECTOR

Board

—

1 hrs/wk

QUINETTA ROBERSON CONNALLY - PART Y

DIRECTOR

Board

—

1 hrs/wk

BRETT OUMEDIAN

CFO

Board

—

1 hrs/wk

Independent contractors

CLARK HILL PLC

LEGAL SERVICES

$241K

225 WASHINGTON LLC

LEASING AND BUILDING MANAGEMENT

$168K

Grants received

Showing 12 of 12

FromAmountPurposeYear
THE FORD FOUNDATION
$100K
CORE SUPPORT FOR ITS TAX CREDIT INVESTING, LENDING, AND REAL ESTATE DEVELOPMENT ASSISTANCE FOR COMMUNITY DEVELOPMENT AND GRASSROOTS ORGANIZATIONS IN DETROIT
2024
THE FORD FOUNDATION
$150K
CORE SUPPORT FOR ITS TAX CREDIT INVESTING, LENDING, AND REAL ESTATE DEVELOPMENT ASSISTANCE FOR COMMUNITY DEVELOPMENT AND GRASSROOTS ORGANIZATIONS IN DETROIT
2023
NATIONAL FISH AND WILDLIFE FOUNDATION
$24K
CREATING NATURAL SPACES IN SOUTHEAST MICHIGAN
2023
HILLMAN FAMILY FOUNDATIONS
$5M
REVOLVING FUND IN SUPPORT OF LOANS FOR ALLEGHENY COUNTY AFFORDABLE HOUSING PRESERVATION
2022
THE FORD FOUNDATION
$100K
CORE SUPPORT FOR TAX CREDIT INVESTING, LENDING, AND REAL ESTATE DEVELOPMENT ASSISTANCE FOR COMMUNITY DEVELOPMENT AND GRASSROOTS ORGANIZATIONS IN DETROIT
2022
JPMORGAN CHASE FOUNDATION
$1.2M
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
JPMORGAN CHASE FOUNDATION
$800K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
JPMORGAN CHASE FOUNDATION
$500K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
JPMORGAN CHASE FOUNDATION
$500K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
TD CHARITABLE FOUNDATION
$45K
JUMPSTART FINANCING PILOT PROGRAM
2020
JPMORGAN CHASE FOUNDATION
$2.5M
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2019
TD CHARITABLE FOUNDATION
$40K
CINNAIRE JUMPSTART WILMINGTON PROGRAM
2019

Funded by

$11.0M from 5 funders · 12 grants · 2019–2024

Jpmorgan Chase Foundation

$5.5M · 5 grants · 2019–2021

Hillman Family Foundations

$5M · 1 grant · 2022

The Ford Foundation

$350K · 3 grants · 2022–2024

Td Charitable Foundation

$85K · 2 grants · 2019–2020

Details

EIN383666288
NTEE codeL80
Subsection03
Ruling date2004-06
Formed2002
Employees0
Volunteers8
CINNAIRE LENDING CORPORATION — Mission, Financials & Grants Received | Grantivo