COMMUNITY DEVELOPMENT FUND OF UTAH

EIN: 273251347 501(c)(3) Community Improvement

SALT LAKE CITY, UT

Total Revenue
$185,906
Total Expenses
$56,005
Total Assets
$1,689,962
Net Assets
$1,357,864
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
UT
Principal Officer
J TODD REEDER
Phone
8016617222
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY DEVELOPMENT FUND OF UTAH, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $186K in total revenue in fiscal year 2024. Revenue surged 462% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 70% operating margin.

Mission

THE COMMUNITY DEVELOPMENT FUND OF UTAH (CDF) HELPS OUR COMMUNITY THRIVE BY EMPOWERING PEOPLE ON THEIR PATH TOWARD FINANCIAL SECURITY, HOUSING STABILITY, AND ACCESS TO AFFORDABLE HOMES.WE ACHIEVE THIS BY:1. INCREASING FINANCIAL KNOWLEDGE AND SKILLS THROUGH EDUCATION AND COACHING2. PROVIDING HOUSING-RELATED FINANCIAL ASSISTANCE AND LOAN PRODUCTS THAT ARE ACCESSIBLE TO LOWER INCOME UTAHNS3. DEVELOPING AND PRESERVING AFFORDABLE HOMES TO OWN AND RENT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,125
Program Service Revenue $3,062
Investment Income $32,719
Other Revenue $0
TOTAL REVENUE $185,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,097
Fundraising Expenses $0
Program Expenses $33,269
Other Expenses $26,908
TOTAL EXPENSES $56,005

Year-over-Year Comparison

2024 2023 Change
Revenue $185,906 $33,075 +4.6%
Expenses $56,005 $38,747 +0.4%
Net Income $129,901 $-5,672 -23.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$325,276
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK GOMEZ BOARD MEMBER 1.00
Director
$0 $0 $0
LILIAN LOBOS BOARD MEMBER 1.00
Director
$0 $0 $0
ANN C HOUSE BOARD MEMBER 1.00
Director
$0 $0 $0
ADELAIDE MAUDSLEY BOARD MEMBER 1.00
Director
$0 $0 $0
KENNETH ROBERTSON BOARD MEMBER 1.00
Director
$0 $0 $0
LAVINE SHAPIRO BOARD MEMBER 1.00
Director
$0 $0 $0
J TODD REEDER CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $27,793 $181,361
SARAH BEAUMONT CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $23,915 $143,915
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $185,906 $56,005 $1,689,962 $129,901
2024 No data No data No data No data
2023 $81,669 $68,677 $1,641,822 $12,992
2022 $259,036 $114,211 $1,739,398 $144,825
2021 $46,454 $124,200 $1,808,448 $-77,746
2020 $133,434 $204,289 $2,338,701 $-70,855
2019 $241,573 $200,677 $2,270,673 $40,896
2018 $191,925 $160,849 $2,271,585 $31,076
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