Community First Fund
Community First Fund reported $40.0 million in revenue and $34.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.52 went to program services, $12.32 to management and general costs and $3.16 to fundraising. Its largest source of revenue was contributions and grants: 69.7% of the total. Government grants made up 28.9%. The highest compensation it reported for one person was $428,184 (PRESIDENT &). 26 people received more than $100,000 in reportable compensation. Revenue rose 218% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $35MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $40MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.5% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.3% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 69.7% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 28.9% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 30.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $428,184 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.24% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 26 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCommunity First Fund promotes community and economic development by providing affordable loans to entities throughout central and eastern pennsylvania, including small businesses, developers of affordable housing, community-based organizations, women, people of color. During the year ending june 30, 2025, the organization closed 348 new loans. The organization financed 424 housing units for low and moderate income individuals. Through the organizations financing efforts, 3,312 jobs were created or retained, and 1,234,212 square feet of business real estate was developed or rehabbed. In march…
New markets tax credit program to date the organization was granted 90 million of new markets tax credit allocation from the US treasury. The organization has entered into agreements with investor members to fund 14 new markets tax credit projects throughout central and eastern pa. Eight projects are remaining at 6/30/2025
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & Officer, 60.00 hrs/week | $385,375 | $0 | $42,809 | $428,184 |
| SENIOR VP CH Highest compensated employee, 40.00 hrs/week | $206,465 | $0 | $44,852 | $251,317 |
| CHIEF STRAT. Officer, 48.00 hrs/week | $208,549 | $0 | $29,202 | $237,751 |
| SENIOR VP CH Highest compensated employee, 40.00 hrs/week | $187,621 | $0 | $34,777 | $222,398 |
| LENDER Officer, 50.00 hrs/week | $167,679 | $0 | $38,921 | $206,600 |
| SENIOR VP CH Highest compensated employee, 40.00 hrs/week | $197,850 | $0 | $7,829 | $205,679 |
| CFO ('24-'25 Officer, 45.00 hrs/week | $180,091 | $0 | $12,309 | $192,400 |
| VP COMMUNITY Highest compensated employee, 40.00 hrs/week | $142,438 | $0 | $21,165 | $163,603 |
26 people received more than $100,000 in reportable compensation from Community First Fund (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 589
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Community First Fund totaling $204K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Community First Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Community First Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Community First Fund spent in FY2025, $84.52 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Venice Community Housing CorporationVenice, CA · revenue $40M · programs 91.4% · 2024
- Twin LakesCincinnati, OH · revenue $40M · programs 96.1% · 2024
- Oakland Affordable Housing Preservation InitiativeOakland, CA · revenue $40M · programs 94.5% · FY2025
- Greater Minnesota Housing FundSt Paul, MN · revenue $40M · programs 83.0% · 2024
- Crf Affordable HousingPlainfield, IN · revenue $40M · programs 100.0% · FY2025
All housing & shelter charities · Largest charities in Pennsylvania
Questions people ask
How much of Community First Fund's spending goes to programs?
In the fiscal year ending June 30, 2025, Community First Fund reported that 84.5% of its $34.7 million in expenses went to program services, 12.3% to management and general and 3.2% to fundraising (Form 990, Part IX).
How much does Community First Fund pay its top executive?
The largest total compensation Community First Fund reported for one person in the fiscal year ending June 30, 2025 was $428,184, for the role of PRESIDENT & (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Community First Fund get its money?
Of $40.0 million in revenue in the fiscal year ending June 30, 2025, 69.7% came from contributions and grants (including 28.9% from government grants) and 30.3% from program service revenue (Form 990, Part VIII).
Is Community First Fund a registered charity?
The IRS lists EIN 23-2689714 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620979349301007 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349312122 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023 (amended), object 202532519349300503 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349305307 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211439349300436 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100949349300200 · read the filing
All filings for EIN 23-2689714: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.