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CINNAIRE LENDING CORPORATION

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Public nonprofit record

CINNAIRE LENDING CORPORATION

EIN 38-3666288 · Housing Support (L80)

What they do

CINNAIRE LENDING (CL), ESTABLISHED IN 2002, is A CERTIFIED CDFI and HAS A MISSION to RAISE and DEPLOY CAPITAL to SUPPORT THE DEVELOPMENT of HEALTHY and VIBRANT COMMUNITIES IN ORDER to IMPROVE THE QUALITY of LIFE for RESIDENTS of THESE COMMUNITIES. THE END GOAL is to IMPROVE THE QUALITY of LIFE for RESIDENTS of THESE COMMUNITIES. CL PROVIDES PRE-DEVELOPMENT, ACQUISITION, BRIDGE LOANS, and PERMANENT FINANCING for MULTI-FAMILY RENTAL COMMUNITIES THAT SERVE LOW- and MODERATE-INCOME PERSONS INCLUDING SPECIAL NEEDS POPULATIONS. IN ADDITION to ITS FINANCING PRODUCTS, CL SUPPORTS COMMUNITY DEVELOPMENT BY CONSULTING WITH DEVELOPERS ON UTILIZING ALL AVAILABLE FINANCING SOURCES to ENSURE THE LONG-TERM VIABILITY of DEVELOPMENTS. CL TARGETS ITS CONSULTING SERVICES to NON-PROFIT ORGANIZATIONS to HELP NON-PROFITS BE AN INTEGRAL PARTNER IN DEVELOPMENTS IN THEIR COMMUNITIES.

Money

Financial picture

Tax year 2024
Revenue$19,256,710
Expenses$13,179,783
Assets$157,269,428
Income$19,256,710
Contributions$8,421,930
Management$2,767,885
Accounting fees$44,150

About this charity

Recognized since
January 2004
Location
1118 S WASHINGTON AVE, LANSING, MI 48910
County
Ingham
In care of
BRETT OUMEDIAN
Primary officer
BRETT OUMEDIAN, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
PLANTE & MORAN PLLC
NTEE classification
Housing Support (L80)
IRS tax category
Housing Support
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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