what they call their work
what they do
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Fiscal Sponsorship & Administrative Back-Office Support 8 activities
- Capacity Building and Strategic Advisory SupportProvides hands-on guidance, strategic financing, and long-term partnership support to community organizations, including recommending facility purchases that yield long-term savings, adjusting loan terms during hardship, and connecting organizations to critical resources.
- Facility Development and Capacity-Building SupportProvides financing and hands-on support for the development of community facilities, including technical assistance, deal structuring, and long-term planning, such as supporting the purchase of headquarters for Carlos Rosario Charter School and Self-Help Enterprises.
- Financial Restructuring and Adaptive LendingAdjusts loan terms and provides adaptive financial solutions during hardship, such as interest-only payment periods, to support organizational sustainability.
- Flexible Capital and Financial StabilizationProvides flexible loans and refinancing solutions to stabilize nonprofit finances, such as supporting MAAC with debt reduction and property sale completion, and refinancing a Mountain Park Health Center clinic in Tempe.
- Flexible Capital and Financial Stabilization LendingProvides flexible financing solutions such as loans and refinancing to stabilize nonprofit finances, including debt reduction and operational stabilization for organizations like MAAC and Mountain Park Health Center.
- Organizational Capacity Building and SupportProvides flexible capital, financial advice, and hands-on support to organizations, including assistance with property acquisition, debt reduction, financial stabilization, and adjusting loan terms during hardship, to help them achieve their missions and visions.
- Organizational Capacity Building and SupportProvides hands-on support, financial guidance, and problem-solving assistance to organizations, including recommending property purchases, adjusting loan terms during hardship, and connecting them to resources to achieve their vision and advance community development initiatives.
- Strategic Financial Planning and Organizational SupportProvides strategic recommendations and connects organizations to resources that support long-term vision and mission focus, such as advising MAAC on property purchase saving $4.5M over 15 years and enabling Kitchen of Purpose to focus on core programming.
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Community Health Access Expansion 4 activities
- Community Health Center InvestmentFinances the construction, acquisition, and improvement of community health centers in underserved areas, including the Jesse Owens Clinic in South Phoenix and multiple phases of the Esperanza Health Centers clinic featuring exam rooms, pharmacies, senior centers, and community spaces.
- Community Health Center InvestmentInvests in community health centers by providing financing for construction, acquisition, and operations, including clinics like the Jesse Owens Clinic in South Phoenix and multiple phases of the Esperanza Health Centers facility.
- Financing Community Health CentersInvests in and provides financing for community health centers, including the development, purchase, and restoration of clinics, to provide essential, culturally sensitive healthcare services in underserved areas. This includes supporting infrastructure improvements like solar power installations.
- Financing Community Health CentersInvests in and provides financing for community health centers, including the development, purchase, and restoration of clinics, to provide essential, culturally sensitive healthcare services in underserved areas. This also includes financing for solar power installations to reduce energy costs.
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Teacher & Classroom Support Grants 4 activities
- Education Facility FinancingProvides financing for charter, private, and independent schools, including support for the construction of a new elementary school in Uvalde, Texas, and the purchase and development of facilities for Carlos Rosario International Public Charter School.
- Education Facility FinancingFinances charter, private, and independent schools and supports the construction or acquisition of educational facilities, such as a new elementary school in Uvalde, Texas, and the Carlos Rosario International Public Charter School building.
- Financing Educational FacilitiesFinances charter, private, and independent schools to improve access to education and student readiness for college and careers, including supporting the construction of new elementary schools and the purchase of school buildings.
- Financing Educational FacilitiesFinances charter, private, and independent schools to improve access to education and student readiness for college and careers, including supporting the construction of new elementary schools and the purchase of school buildings.
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Entrepreneur Support with Culinary Focus 4 activities
- Small Business and Entrepreneurship SupportStrengthens small business ecosystems by providing capital, coaching, and training to entrepreneurs, including support for culinary industry training and the launch of catering businesses and restaurants through initiatives like Kitchen of Purpose.
- Small Business and Entrepreneurship SupportStrengthens small business ecosystems by funding organizations that provide entrepreneurs with capital, coaching, and training, including support for culinary industry training and restaurant startups through Kitchen of Purpose.
- Supporting Small Business EcosystemsStrengthens small business ecosystems by funding organizations that provide entrepreneurs with capital, coaching, and training, and supports culinary career training and entrepreneurial ventures.
- Supporting Small Business EcosystemsStrengthens small business ecosystems by funding organizations that provide entrepreneurs with capital, coaching, and training, and by providing flexible capital to stabilize finances and support growth.
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Disaster Relief and Recovery Services 3 activities
- Disaster Resilience Construction InvestmentInvests in construction projects that enhance the resilience of homes and buildings against natural disasters such as storms, floods, and wildfires.
- Financing Disaster Resilience ProjectsInvests in construction projects that enhance the resilience of homes and buildings against natural disasters such as storms, floods, and wildfires.
- Financing Disaster Resilient ConstructionInvests in construction projects that enhance the resilience of homes and buildings against natural disasters such as storms, floods, and wildfires.
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Basic Needs Provision for Youth and Families 3 activities
- Food Assistance ProgramDelivers healthy meals to individuals and families in need, having provided over 20,000 meals through its food assistance program.
- Food Assistance ProgramDelivers healthy meals to individuals and families in need, distributing over 20,000 meals through its food assistance program.
- Providing Food AssistanceDelivers over 20,000 healthy meals to individuals and families in need through its food assistance program.
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Affordable Homeownership with Long-Term Affordability Controls 2 activities
- Financing Affordable Housing DevelopmentProvides capital to nonprofit and for-profit developers for the construction and preservation of affordable rental and ownership housing nationwide, including single-family homes and multi-family rental communities. This includes supporting home ownership programs with down payment assistance and financial education.
- Financing Affordable Housing DevelopmentProvides capital to nonprofit and for-profit developers for the construction of affordable rental and ownership housing nationwide, including single-family homes and multi-family rental communities. This includes supporting home ownership programs with down payment assistance and financial education.
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Homeownership Down Payment Assistance 2 activities
- Homeownership Support ProgramsSupports homeownership through down payment assistance, financial education, and homebuyer readiness resources, enabling individuals and families to achieve stable housing.
- Homeownership Support ProgramsSupports home ownership through down payment assistance, financial education, and homebuyer readiness resources, enabling individuals and families to achieve sustainable homeownership.
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Culinary Job Training & Workforce Development 1 activity
- Culinary Training and Food AssistanceTrains students for careers in the culinary industry, supports aspiring entrepreneurs in launching food businesses, and delivers healthy meals to individuals and families through food assistance programs.
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Uncategorized 3 activities
- Advocacy and Partnership Support for Community OrganizationsActs as a key advocate and partner to community-based organizations, providing beyond-financial support to advance their missions and initiatives.
- Affordable Housing Development FinancingProvides capital to nonprofit and for-profit developers to build affordable rental and ownership housing nationwide, including support for single-family homes and multi-family rental communities such as a 400-unit project in National City, CA.
- Affordable Housing Development FinancingProvides capital to nonprofit and for-profit developers to build affordable rental and ownership housing nationwide, including support for specific projects such as 35 single-family homes and a multi-family rental community in Lamont, CA, and a 400-unit affordable housing project in National City, CA.
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who runs it
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| JANET MURGUIA | BOARD MEMBER | 1 | $669K |
| TOM ESPINOZA | PRESIDENT/CEO | 40 | $552K |
| RODRIGO VELA | CHIEF FINANCIAL OFFICER | 40 | $349K |
| DAVID CLOWER | CHIEF INVESTMENT OFFICER | 40 | $332K |
| MELISSA MCDONALD | CHIEF OPERATING OFFICER | 40 | $325K |
| ANTONIO LOPEZ | DEPUTY CFO | 40 | $210K |
| JUAN MADRID | CONTROLLER | 40 | $209K |
| SCOTT RICHTER | CHIEF CREDIT OFFICER | 40 | $208K |
| ADRIAN RUIZ | DEPUTY CHIEF INVESTMENT OFFICER | 40 | $203K |
| MARK VAN BRUNT | EXECUTIVE VP (THRU 4/30/22) | 40 | $182K |
| BRIAN CHAMPEAU | DIRECTOR - EAST COAST REGION | 40 | $173K |
| CATHERINE KES | DIRECTOR - SPECIALTY FINANCE | 40 | $164K |
- AARON DOMINGUEZ — BOARD MEMBER
- ART RUIZ — BOARD MEMBER
- BRENDA LOYA — VICE CHAIRPERSON
- DANIEL ORTEGA — BOARD CHAIR
- DONNA GAMBRELL — BOARD MEMBER
- JAMES W FEILD — BOARD MEMBER
- JOSEPH F REILLY — SECRETARY
- KENNETH I TRUJILLO — BOARD MEMBER
- LUIS GRANADOS — BOARD MEMBER
- MARY ANN DONOVAN — PRESIDENT/CEO (BEG 8/1/22)
who they work with
- Capital Impact Partners Partner — Former Chief Operating Officer at this national CDFI, indicating significant organizational involvement.
- Carlos Rosario Charter School Partner — Acted as an advocate and key supporter of the charter school.
- Carlos Rosario International Public Charter School Partner — Provided financing and development support to help the school purchase a building and reopen after closure.
- Chicanos Por La Causa Partner — Collaborated on a community development project in Phoenix.
- Chicanos Por La Causa Partner — Collaborates on community development projects, as highlighted by leadership endorsement from its President & CEO.
- Chicanos Por La Causa Partner — Longtime partner organization that collaborated with RAZA Development Fund on financing a new elementary school in Uvalde, Texas.
- Esperanza Health Centers Partner — Provided financing and ongoing support for the development of a full-service health center in Chicago's Brighton Park neighborhood.
- Esperanza Health Centers Partner — Provided financing and partnership support beyond traditional lending.
- Kitchen of Purpose Partner — Provided financial or operational support enabling focus on mission.
- Kitchen of Purpose Partner — Provided financing and loan term adjustments to support facility development and financial stability.
- Local Initiatives Support Corporation Partner — Former leadership role as Chief Operating Officer, indicating a deep organizational affiliation.
- MAAC Partner — Provided financing and strategic guidance to support affordable housing development and organizational stability.
- Metropolitan Area Advisory Committee (MAAC) Partner — Collaborates with RDF on community development initiatives in San Diego, CA.
- Metropolitan Area Advisory Committee (MAAC) Partner — Provided supportive financing and problem-solving assistance to advance initiatives.
- Mountain Park Health Center Partner — Collaborated on financing and redevelopment of the Jesse Owens Clinic and refinancing of a clinic in Tempe.
- Mountain Park Health Center Partner — Supported in connecting to resources to realize organizational vision.
- Préstamos Partner — CDFI affiliated with Chicanos Por La Causa that utilized New Markets Tax Credits in partnership with RAZA Development Fund for community development financing.
- Self-Help Enterprises Partner — Partnered to support affordable housing development in Lamont, California.
- Self-Help Enterprises Partner — Supported in overcoming early-stage challenges to a housing development project.
- U.S. Department of the Treasury Government — Former Director of the CDFI Fund, overseeing federal support for community development financial institutions.
- Uvalde CISD Moving Forward Foundation Partner — Organization raising funds to build a new elementary school in Uvalde; supported through financing provided by RAZA Development Fund.