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Filing year 2023

CINCINNATI DEVELOPMENT FUND

Cincinnati, Ohio·EIN 31-1256064·NTEE L820 · Housing & Shelter·501(c)(3)
Total revenue
$18.4M
Total assets
$89.3M
Total expenses
$13.4M
Reported officers
22
Mission

TO DRIVE COMMUNITY REVITALIZATION BY PROVIDING CAPITAL ACCESS AND TECHNICAL ASSISTANCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Ohio.

President & CEO
Above 90th percentile
$317k
$350k
Base
$236k
Bonus
$36k
Other
Benefits
$33k
Gen. Counsel/chief Strategy Officer
Officer (Unspecified)
$266k
$294k
Base
$214k
Bonus
$9k
Other
Benefits
$33k
CFO
Above 90th percentile
$245k
$270k
Base
$182k
Bonus
$21k
Other
Benefits
$32k
Dir. of Strategic Initiatives
Highest Compensated Employee
75th to 90th percentilevs Housing & Shelter peers nationwide
$171k
$189k
Base
$123k
Bonus
$9k
Other
Benefits
$33k
Senior Loan Officer
Highest Compensated Employee
Median to 75th percentilevs Housing & Shelter peers nationwide
$162k
$179k
Base
$133k
Bonus
$10k
Other
Benefits
$12k
CEO
75th to 90th percentile
$131k
$145k
Chief Administrative Officer
Officer (Unspecified)
$89k
$99k
Chief Lending Officer
Officer (Unspecified)
$76k
$84k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CINCINNATI DEVELOPMENT FUND equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CINCINNATI DEVELOPMENT FUND

What does the Chief Executive Officer of CINCINNATI DEVELOPMENT FUND earn?

In 2023, the Chief Executive Officer of CINCINNATI DEVELOPMENT FUND received $317,218 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Ohio: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CINCINNATI DEVELOPMENT FUND compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Ohio, the 2023 pay of the Chief Executive Officer at CINCINNATI DEVELOPMENT FUND falls in the top 10%. In 2023, the highest total compensation at CINCINNATI DEVELOPMENT FUND equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are CINCINNATI DEVELOPMENT FUND's revenue and expenses?

In 2023, CINCINNATI DEVELOPMENT FUND reported $18.4M in total revenue and $13.4M in total expenses on its IRS Form 990.

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