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RAZA DEVELOPMENT FUND INC

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Public nonprofit record

RAZA DEVELOPMENT FUND INC

EIN 52-1954196 · Community Improvement & Capacity Building (S43Z)

What they do

RDF is A MISSION DRIVEN COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) DEDICATED to UNLOCKING LASTING PROSPERITY IN COMMUNITIES ACROSS AMERICA. SINCE ITS FOUNDING IN 1999, RDF HAS PROVIDED RESPONSIBLE, ATTAINABLE FINANCIAL SOLUTIONS to COMMUNITY-BASED ORGANIZATIONS WORKING IN HEALTH, EDUCATION, AFFORDABLE HOUSING, HOMEOWNERSHIP, ENTREPRENEURSHIP, and COMMUNITY RESILIENCE. RDF is ONE of THE FEW CDFIS to HOLD A PRESTIGIOUS AA- RATING FROM S&P, A REFLECTION of ITS EXCEPTIONAL FINANCIAL STRENGTH and IMPACT. to DATE, RDF HAS INVESTED MORE THAN $1.6 BILLION ACROSS 38 STATES, LEVERAGING OVER $7 BILLION IN ADDITIONAL CAPITAL.

Money

Financial picture

Tax year 2023
Revenue$25,660,512
Expenses$23,615,314
Assets$363,067,878
Income$25,660,512
Contributions$1,127,500
Grants given$8,026,285
Average grant$41,373
Management$3,723,005
Executive compensation$2,050,012
Stocks and bonds$13,207,747
Accounting fees$187,780

About this charity

Recognized since
January 1996
Location
410 E SOUTHERN AVE, PHOENIX, AZ 85040
County
Maricopa
In care of
ANTONIO LOPEZ
Primary officer
ANTONIO LOPEZ, CFO

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
October 1, 2023
Return type
990
Tax preparer
RSM US LLP
NTEE classification
Community Improvement & Capacity Building (S43Z)
IRS tax category
Services for the Elderly and Persons with Disabilities
Grant-giving organization
Yes
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
17
Activity
405000000
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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