Nonprofit · EIN 27-3251347
COMMUNITY DEVELOPMENT FUND OF UTAH INC
Tax-exempt · SALT LAKE CTY, UT 84105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $185,906 | $56,005 | $129,901 | $1,689,962 | $332,098 | $1,357,864 |
| June 30, 2024 | 990 | $33,075 | $38,747 | -$5,672 | $1,576,751 | $348,690 | $1,228,061 |
| June 30, 2023 | 990 | $81,669 | $68,677 | $12,992 | $1,641,822 | $408,313 | $1,233,509 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $150,125
- Program service revenue
- $3,062
- Investment income
- $32,719
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $22,811
- Salaries, compensation and benefits (total)
- $29,097
- Professional fundraising fees
- $0
- Accounting fees
- $2,964
- Travel
- $17
- Depreciation
- $840
- Program services (functional)
- $33,269
- Management and general (functional)
- $22,736
Balance sheet and other
- Total assets, start of year
- $1,576,751
- Total assets, end of year
- $1,689,962
- Total liabilities, end of year
- $332,098
- Net assets, end of year
- $1,357,864
- Net assets without donor restrictions
- $1,102,898
- Net assets with donor restrictions
- $254,966
- Gross receipts
- $185,906
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- UT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| J TODD REEDER | CHIEF EXECUTIVE OFFICER Officer | 1 | $0 | $153,568 | $27,793 |
| SARAH BEAUMONT | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $120,000 | $23,915 |
| MARK GOMEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LILIAN LOBOS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN C HOUSE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ADELAIDE MAUDSLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LAVINE SHAPIRO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| J TODD REEDER | CHIEF EXECUTIVE OFFICER Officer | 0 | $0 | $153,066 | $14,450 |
| SARAH BEAUMONT | CHIEF FINANCIAL OFFICER Officer | 0 | $0 | $100,304 | $8,209 |
| MARK GOMEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LILIAN LOBOS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN C HOUSE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GINA JONES | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ADELAIDE MAUDSLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LAVINE SHAPIRO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL AKERLOW | CHIEF EXECUTIVE OFFICER Former | 0 | $0 | $140,715 | $17,875 |
| J TODD REEDER | CHIEF EXECUTIVE OFFICER Officer | 1 | $0 | $111,210 | $27,320 |
| LORIE DUDLEY | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $104,864 | $8,971 |
| MARK GOMEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LILIAN LOBOS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN C HOUSE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GINA JONES | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ADELAIDE MAUDSLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LAVINE SHAPIRO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 E 1700 S, SALT LAKE CTY, UT 84105-2915
- In care of
- % JOHN FARMER
- Mailing address (990-N for 2023)
- 501 E 1700 S, Salt Lake City UT 84105
- Principal officer (990 for 2024)
- J TODD REEDER, 501 EAST 1700 SOUTH, SALT LAKE CITY, UT 84105
- Principal officer (990-N for 2023)
- Sarah Beaumont, 501 E 1700 S, Salt Lake City UT 84105
- Signed the 990
- J TODD REEDER, CHIEF EXECUTIVE OFFICER
- Phone
- (801) 661-7222
- Website
- https://www.cdcutah.org
- Return prepared by
- TANNER LLP
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
Program accomplishments
- DURING THE YEAR, CDF PROVIDES 2ND MORTGAGES AS PART OF ITS HOMEFIT LOAN PROGRAM DESIGNED TO HELP LOW TO MODERATE INCOME HOUSEHOLDS FINANCE HOME PURCHASES. THIS PRODUCT DOES NOT REQUIRE MORTGAGE INSURANCE, REDUCING THE OVERALL COST OF FINANCING HOME PURCHASES.Expenses $33,269
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-N on file |
IRS record
- EIN
- 27-3251347
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,689,962
- Income (IRS master file)
- $185,906
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $185,906 | $56,005 | $1,689,962 | IRS |
| 990-N for 2023 Officer: Sarah Beaumont | June 30, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2024 | $33,075 | $38,747 | $1,576,751 | IRS |
| 990 | June 2023 | $81,669 | $68,677 | $1,641,822 | XML |
| 990 | June 2022 | $259,036 | $114,211 | $1,739,398 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: John Farmer | June 30, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3251347).
Questions about COMMUNITY DEVELOPMENT FUND OF UTAH INC
- What is the EIN of COMMUNITY DEVELOPMENT FUND OF UTAH INC?
- The employer identification number (EIN) of COMMUNITY DEVELOPMENT FUND OF UTAH INC is 27-3251347.
- Is COMMUNITY DEVELOPMENT FUND OF UTAH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to COMMUNITY DEVELOPMENT FUND OF UTAH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY DEVELOPMENT FUND OF UTAH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY DEVELOPMENT FUND OF UTAH INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY DEVELOPMENT FUND OF UTAH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COMMUNITY DEVELOPMENT FUND OF UTAH INC?
- The 990 for the year ended June 30, 2025 names J TODD REEDER.
- Who are the officers and directors of COMMUNITY DEVELOPMENT FUND OF UTAH INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY DEVELOPMENT FUND OF UTAH INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $185,906, expenses of $56,005 and total assets of $1,689,962 at year end.
Other nonprofits in SALT LAKE CTY
- ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION EIN 87-0620659 · last filed 990 for 2025
- UTAH SPORTS COMMISSION EIN 87-0650627 · last filed 990 for 2025
- 47G UTAH AEROSPACE & DEFENSE EIN 88-3427002 · last filed 990 for 2024
- HOUSING ASSISTANCE MANAGEMENT ENTERPRISE EIN 87-0501094 · last filed 990 for 2024
- GO3ETA INC EIN 26-0583558 · last filed 990 for 2025
- WASATCH COMMUNITY GARDENS EIN 74-2550359 · last filed 990 for 2025
- ENVISION UTAH EIN 87-0462205 · last filed 990 for 2024
- ECONOMIC DEVELOPMENT CORP OF UTAH EIN 74-2502619 · last filed 990 for 2025
All nonprofits in SALT LAKE CTY · Utah · Community improvement and capacity building