Community Development · PHILADELPHIA, PA · EIN 23-2331946
About
The reinvestment fund, INC. Creates opportunity for underserved people and places through partnerships. It marshals the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.
Donations are tax-deductible
Category
Community Development
Employees
112
Volunteers
46
Financial Snapshot
FY ending 2023-12-31
Revenue
$78.0M
Expenses
$51.3M
Assets
$669.6M
Liabilities
$392.7M
Financial history
$78.0M$39.0M$0
1617181920212223
RevenueExpenses
Latest FY2023: $78.0M · Avg: $52.4M
501(h) election
This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.
Political & Grant Activity
Campaign Spending
—
Lobbying
$297K
Grants Given
$100K
REINVESTMENT FUND INC
Your actions
Address
1700 Market ST FL 19
Philadelphia, PA, 19103-390
Governance
Voting board members16
Independent members16
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Gross fundraising receipts$7.1M
Net to org$7.0M
Retained by contractors$109K
ChannelsPhone · Email · In-person · Grant solicitation