Community Investment Corporation
Community Investment Corporation reported $24.8 million in revenue and $22.7 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $85.00 went to program services, $14.00 to management and general costs and $1.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.9% of the total. Government grants made up 7.2%. The highest compensation it reported for one person was $374,205 (PRESIDENT). 25 people received more than $100,000 in reportable compensation. Revenue rose 26% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $23MFor 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 September 30, 2025 · Form 990, Part VIII · total revenue $25MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.0% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 9.1% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 7.2% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 90.9% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $374,205 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.65% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 25 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 34.9 | 10.0 |
| Independent voting board members Part VI 1a–1b | 17 of 18 | 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 expenseDuring FY 2025, cic closed 59 loans for a total of $49.2 million under the multifamily loan program. These loans financed the acquisition and rehab of 962 residential and 27 commercial units. All loans carried a 10-year term and most loans had a 25-year amortization. In total, at the close of FY 2025, cic's multifamily loan program portfolio stands at $177.2 million of notes sold to investors
In FY 2018, cic and the preservation compact secured $34 million to create the opportunity investment fund (oif), an innovative, streamlined vehicle to finance multifamily rental buildings and create affordable housing in high cost neighborhoods. Oif provides existing, functioning multifamily rental buildings with low-cost mezzanine debt. In return, owner will keep 20% of their units affordable for 15 years. Both non-profit and for-profit owners will be able to use oif. Owners may choose to use housing choice vouchers or other types of operating subsidy to help offset reduced rents for the…
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 Director/trustee, officer, 35.0 hrs/week | $346,087 | $0 | $28,118 | $374,205 |
| TREASURER/CFO Officer, 35.0 hrs/week | $258,155 | $0 | $50,090 | $308,245 |
| SVP/CHIEF CREDIT OFFICER Officer, 39.0 hrs/week | $270,559 | $0 | $24,726 | $295,285 |
| AQUISITION MANAGER Highest compensated employee, 15.0 hrs/week | $269,507 | $0 | $25,533 | $295,040 |
| SVP Highest compensated employee, 40.0 hrs/week | $242,250 | $0 | $42,007 | $284,257 |
| SVP/DIRECTOR OF LENDING Officer, 39.0 hrs/week | $209,725 | $0 | $48,777 | $258,502 |
| CII VICE PRESIDENT Officer, 1.0 hrs/week | $206,699 | $0 | $28,938 | $235,637 |
| CONSTRUCTION MANAGER Highest compensated employee, 40.0 hrs/week | $164,102 | $0 | $47,614 | $211,716 |
25 people received more than $100,000 in reportable compensation from Community Investment Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (Part IX, line 5).
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–1b18 · 17 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 548
- Volunteers Part I, line 617
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| GREIMAN ROME & GRIESMEYER LLC Legal | $168,311 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Community Investment Corporation totaling $202K 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 Investment Corporation'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 Investment Corporation, you can publish a response that is linked from this page.
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Of every $100 Community Investment Corporation spent in FY2025, $85.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Indianapolis Neighborhood Housing PartnershipIndianapolis, IN · revenue $25M · programs 85.3% · 2024
- Raymore Senior CARE LlcBrookhaven, GA · revenue $25M · programs 87.6% · 2024
- Tlingit-Haida Regional Housing AuthorityJuneau, AK · revenue $25M · programs 96.3% · 2024
- Villa St Francis Catholic CARE CenterOlathe, KS · revenue $25M · programs 90.4% · 2025
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All housing & shelter charities · Largest charities in Illinois
Questions people ask
How much of Community Investment Corporation's spending goes to programs?
In the fiscal year ending September 30, 2025, Community Investment Corporation reported that 85.0% of its $22.7 million in expenses went to program services, 14.0% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does Community Investment Corporation pay its top executive?
The largest total compensation Community Investment Corporation reported for one person in the fiscal year ending September 30, 2025 was $374,205, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Community Investment Corporation get its money?
Of $24.8 million in revenue in the fiscal year ending September 30, 2025, 9.1% came from contributions and grants (including 7.2% from government grants) and 90.9% from program service revenue (Form 990, Part VIII).
Is Community Investment Corporation a registered charity?
The IRS lists EIN 36-2780862 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 September 30, 2025, object 202622239349300737 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349302955 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402189349300915 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342269349301124 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232229349300513 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122239349300122 · read the filing
All filings for EIN 36-2780862: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.