2025-11-17T16:41:23-06:00 2024-12-31 331498605 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2024-01-01 383666288 CINNAIRE LENDING CORPORATION CINN 5174828555 1118 S WASHINGTON AVE LANSING MI 48910 BRETT OUMEDIAN CFO 5174828555 2025-11-15 1 1 DORI J EGGETT P00645252 3037409400 2025-11-10 2024 2025-03-06 01:10:19Z BRETT OUMEDIAN 1118 S WASHINGTON AVE LANSING MI 48910 19256710 0 X N/A X 2002 MI TO RAISE & DEPLOY CAPITAL TO SUPPORT THE DEVELOPMENT OF HEALTHY & VIBRANT NEIGHBORHOODS. 8 8 0 8 0 0 8697337 8421930 7710053 10262341 613171 566795 0 5644 17020561 19256710 0 0 0 0 6488462 8291784 0 0 0 3922094 4887999 10410556 13179783 6610005 6076927 130855621 157269428 92385733 112722613 38469888 44546815 X 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. 0 0 10411898 10267985 TO DEPLOY CAPITAL TO UNDERSERVED COMMUNITIES TO FUEL ECONOMIC DEVELOPMENT AND PROMOTE VIBRANT, HEALTHY COMMUNITIES. 10411898 1 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 29 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 1 1 MI X BRETT OUMEDIAN 5174828555 1118 S WASHINGTON AVE LANSING MI 48910 X KATHY KAMP CHAIR 1.00 X X 0 0 0 ADRIAN BROOKS SECRETARY/TREASURER 1.00 X X 0 0 0 MARK ANGELINI DIRECTOR 1.00 X 0 0 0 JOSH EARN DIRECTOR 1.00 X 0 0 0 KENYETTA MCCURDY-BYRD DIRECTOR 1.00 X 0 0 0 BRETT MACLEOD DIRECTOR 1.00 X 0 0 0 JASON PAULATEER DIRECTOR 1.00 X 0 0 0 AKOBE SANDY - PART YEAR DIRECTOR 1.00 X 0 0 0 MICHAEL J TAYLOR - PART YEAR DIRECTOR 1.00 X 0 0 0 QUINETTA ROBERSON CONNALLY - PART Y DIRECTOR 1.00 X 0 0 0 BRETT OUMEDIAN CFO 1.00 X 0 0 0 0 0 0 0 0 0 0 CLARK HILL PLC PO BOX 3760 PITTSBURG PA 15230 LEGAL SERVICES 241300 225 WASHINGTON LLC 225 W WASHINGTON SUITE 550 CHICAGO IL 60606 LEASING AND BUILDING MANAGEMENT 168439 2 7139158 1282772 8421930 LOAN INTEREST INCOME 900099 5704307 5704307 TAX CREDIT REVENUE 900099 2919856 2919856 ORIGINATION FEES 900099 1258470 1258470 LOAN SERVICING FEES 900099 307158 307158 CONSULTING FEE 541610 72550 72550 10262341 566795 566795 MISCELLANEOUS REVENUE 900099 5644 5644 5644 19256710 10267985 0 566795 6991525 4963983 2027542 423214 300482 122732 441162 313225 127937 435883 309477 126406 19644 18269 1375 44150 41059 3091 590992 436743 154249 46994 34729 12265 302492 223542 78950 163075 119860 43215 264614 194491 70123 2870684 2870684 PROVISION FOR LOAN LOSS 579860 579860 GRANT EXPENSES 5494 5494 13179783 10411898 2767885 0 5100256 7482061 6175 100000 1734065 1824840 80024134 104564568 60285 60285 0 0 14999887 14257168 28991104 29040791 130855621 157269428 5522001 2586303 13815670 10467381 69838783 97493930 3209279 2174999 92385733 112722613 X 16777687 21858404 21692201 22688411 38469888 44546815 130855621 157269428 6076927 0 X 0 1 X 1 1 1 X 3091851 5281102 7341796 8697337 8421930 32834016 4816108 2574860 2734573 4725621 10267985 25119147 7907959 7855962 10076369 13422958 18689915 57953163 0 496173 593128 993654 2082955 496173 593128 993654 2082955 55870208 127069 2043384 2616266 3597603 566795 8951117 127069 2043384 2616266 3597603 566795 8951117 8035028 9899346 12692635 17020561 19256710 66904280 0.83510 0.80490 0.13380 0.15370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 22595 22595 0 PART II-B LINE 1(B) PAYROLL ATTRIBUTED TO LOBBYING COSTS WAS $4,595. PART II-B LINE 1(I) THE OTHER ACTIVITIES INCLUDED HAVING A RELATIONSHIP WITH CLARK HILL PLC, WHO PROVIDES SEVERAL SERVICES INCLUDING LEGAL AND GOVERNMENTAL AFFAIRS REPRESENTATION IN MICHIGAN. OF THE TOTAL SERVICES PROVIDED 20% WAS RELATED TO LOBBYING ACTIVITIES OR $18,000 ($90,000 X 20%). 60285 60285 0 0 JANNEY INVESTMENT - RESTRICTED COLLATERAL PLEDGE 8158585 C INVESTMENT IN COMMUNITY PRESERVATION COPORATION 6000000 C INTEREST RATE SWAP 98583 C 14257168 RESTRICTED CASH 28588944 OTHER LONG TERM INVESTMENTS 451847 29040791 ESCROW DEPOSITS PAYABLE 1124342 ACCRUED INTEREST PAYABLE 973489 OTHER ACCRUED LIABILITIES 77168 2174999 X PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE CURRENT YEAR RETURN IS PROVIDED TO THE BOARD PRIOR TO FINALIZING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15B ALL COMPENSATION IS REVIEWED DURING ANNUAL COMPENSATION REVIEW PERFORMED BY THE CINNAIRE COMPENSATION COMMITTEE (CFO, COO, CSO AND CHRO). THIS COMMITTEE REVIEWS COMPENSATION ADJUSTMENT RECOMMENDATIONS SUBMITTED BY THE DIRECT SUPERVISOR OF THE EMPLOYEE. BOARD OF DIRECTORS APPROVES OVERALL PERCENTAGE INCREASE FOR SALARY AND BENEFITS EXPENSE LINE DURING THEIR REVIEW AND APPROVAL OF THE UPCOMING YEAR'S BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CINNAIRE CORPORATION 1118 S WASHINGTON AVE LANSING MI 48910 383126310 COMMUNITY DEVELOPMENT FINANCIAL ORGANIZATION MI 501(C)(3) PF N/A 0 CPC MORTGAGE COMPANY 220 EAST 42ND STREET 16TH FLOOR NEW YORK NY 10017 825458430 LENDING NY -4286 13759178 0 0 0.15000 CINNAIRE INVESTMENT CORP 1118 S WASHINGTON AVE LANSING MI 48910 571223559 RE INVEST MI CINNAIRE LENDING CORPORATION C -473488 13395561 1.00000 1 CINNAIRE ADVISORY SERVICES 1118 S WASHINGTON AVE LANSING MI 48910 383546198 CONSULTING MI CINNAIRE LENDING CORPORATION C 1.00000 1 PRESERVE AFFORDABILITY PITTSBURGH 1118 S WASHINGTON AVE LANSING MI 48910 921369681 LENDING MI CINNAIRE LENDING CORPORATION C 500243 9112410 1.00000 1 CINNAIRE CATALYST FUND 1118 S WASHINGTON AVE LANSING MI 48910 923989372 LENDING MI CINNAIRE LENDING CORPORATION C -286183 4980175 1.00000 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 CINNAIRE INVESTMENT CORP A 380711 ACTUAL AMOUNT ACCRUED CINNAIRE INVESTMENT CORP D 1233333 NET ACTIVITY - INCREASE CINNAIRE CORPORATION P 9467000 ACTUAL AMOUNT ACCRUED