NonprofitsImpact Development Fund

Housing & Shelter

Impact Development Fund

LOVELAND, CO

Total revenue

$35.2M

Total expenses

$10.9M

Net assets

$47.6M

Grants received

$29.1M

15 grants

EIN

841505466

Tax year

2024

Mission

Provides loans for affordable housing and nonprofit facilities.

Programs

1 program

Impact development fund provides technical assistance to non-profit affordable housing and community service organizations planning to renovate, acquire, build and/or expand real estate. The technical assistance is provided through workshops and one-on-one consultation.

Expenses: $1.7M

Financials

FY 2024

Revenue

Contributions & grants$25.3M
Program service revenue$8.3M
Investment income$1.6M
Other revenue
Total revenue$35.2M

Expenses

Grants paid
Salaries & benefits$5.4M
Fundraising$228K
Other expenses$5.4M
Total expenses$10.9M
Total assets$152.5M
Net assets$47.6M

People

22 listed

NameRoleCompensation

MEGAN FERGUSON

CEO (AS OF 07/24)

Board

$236K

40 hrs/wk

SEAN DOHERTY

CEO (THRU 07/24)

Board

$123K

40 hrs/wk

DAN KUSEL

BOARD MEMBER

Board

0.5 hrs/wk

JENN LOPEZ

BOARD MEMBER (THRU 12/4/24)

Board

0.5 hrs/wk

ANNIE PERIZZOLO

BOARD MEMBER

Board

2 hrs/wk

BECKY CHRISTOFFERSEN

PRESIDENT

Board

2 hrs/wk

BRIAN ROSSBERT

BOARD MEMBER

Board

0.5 hrs/wk

MARY STEGNER

BOARD MEMBER

Board

0.5 hrs/wk

JOHN PIKE

BOARD MEMBER (THRU 12/4/24)

Board

0.5 hrs/wk

JAVONNI BUTLER

VICE PRESIDENT

Board

1 hrs/wk

RANDY ILICH

TREASURER

Board

2 hrs/wk

MICAH HALVERSON

SECRETARY

Board

1 hrs/wk

MARK OCONNOR

PAST PRESIDENT

Board

2 hrs/wk

KRISTI BUDISH

BOARD MEMBER

Board

0.5 hrs/wk

KRISTIN CANDELLA

BOARD MEMBER

Board

0.5 hrs/wk

RENEE GALLEGOS

BOARD MEMBER

Board

0.5 hrs/wk

ERICA MADISON

CHIEF LENDING OFFICER

Staff

$168K

40 hrs/wk

GINA WINTERHALDER

CONTROLLER

Staff

$145K

40 hrs/wk

AARON FERGUSON

CHIEF CONSTRUCTION OFFICER

Staff

$137K

40 hrs/wk

CONNIE EALEY

CHIEF COMPLIANCE OFFICER

Staff

$137K

40 hrs/wk

RACHEL TWEEDY

CHIEF OPERATING OFFICER

Staff

$125K

40 hrs/wk

EMILY NILSEN

CHIEF PROGRAMS OFFICER

Staff

$124K

40 hrs/wk

Independent contractors

WARD CONSTRUCTION

CONSTRUCTION SERVICES FOR IDB

$275K

WALRITE LLC

CONCRETE CONTRACTOR

$177K

Grants received

Showing 15 of 15

FromAmountPurposeYear
$5.3M
WILDFIRE FUND RELIEF
2024
$5M
COMMUNITY & HUMAN SERVICES
2024
$30K
LOAN FUNDING FOR GAP FINANCING PROGRAM
2024
$10K
GENERAL OPERATING SUPPORT
2024
$5K
DEVELOP AND PRESERVE AFFORDABLE HOUSING
2024
$12.1M
WILDFIRE FUND RELIEF
2023
$894K
Housing, Shelter
2023
$6K
FUND RAISING & FUND DISTRIBUTION
2023
$5K
PROVIDE AFFORDABLE HOUSING LOANS
2023
$5.5M
WILDFIRE RELIEF
2022
$160K
FINANCE JUSTICE FUND SUBGRANT
2022
$5K
PROVIDE AFFORDABLE HOUSING LOANS
2022
$2K
GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM
2022
$3K
GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM
2020

Funded by

$29.1M from 10 funders · 15 grants · 2018–2024

Community Foundation Boulder County

$22.9M · 3 grants · 2022–2024

Front Porch Investments

$894K · 1 grant · 2023

Opportunity Finance Network

$160K · 1 grant · 2022

Paradox Community Trust

$30K · 1 grant · 2024

The Zions Bancorporation Foundation

$15K · 3 grants · 2022–2024

Mancuso Family Foundation

$10K · 1 grant · 2024

Details

EIN841505466
NTEE codeL120
Subsection03
Ruling date1999-11
Formed1999
Employees59
Volunteers25
IMPACT DEVELOPMENT FUND — Mission, Financials & Grants Received | Grantivo