Evernorth Loan Fund Inc
Donations deductibleRevenue
$9.7m
year to 31 December 2024
Expenses
$716k
year to 31 December 2024
Total assets
$28.1m
$4.4m liabilities
Net assets
$23.7m
assets less liabilities
Directors and trustees
15
6.9y av
Staff
0
employees, year to 31 December 2024
Chair observed
≥6 yrs
Charlie Baker
Left since last filing
0
no seats appear to have opened
Evernorth Loan Fund Inc's network
15 people3 organisationsi15 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (15). Violet dotted lines (19) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
15 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 14 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Charlie Baker Chair | Chair | 2018 | 8 yrs |
| Amy Demetrowitz | Board Member | 2018 | 8 yrs |
| Andrew Winter | Board Member | 2020 | 6 yrs |
| Anna Adachi-Mejia | Board Member | 2023 | 3 yrs |
| Chris Miller | Board Member | 2020 | 6 yrs |
| Cullen Ryan | Company secretary | 2020 | 6 yrs |
| Dave Birkhahn | Board Member | 2020 | 6 yrs |
| John Vogel | Board Member | 2018 | 8 yrs |
| Kara Sweeney | Vice Chair | 2020 | 6 yrs |
| Karyn Hale | Asst Treasurer | 2018 | 8 yrs |
| Kelly Laflamme | Board Member | 2020 | 6 yrs |
| Marc Landry | Board Member (End 8/31/24) | 2018 | 8 yrs |
| Michael Clarke | Board Member | 2020 | 6 yrs |
| Mike Anthony | Board Member | 2022 | 4 yrs |
| Walt Greiner | Board Member | 2018 | 8 yrs |
Officers and senior leadership
18 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Amy Dohner | Project Management | 2024 |
| Cynthia Lacasse | Executive VP & Cpo | 2024 |
| David Graves | Controller | 2024 |
| Deborah Flannery | Vice President | since 2022 |
| Elizabeth Wagner-Boutin | VP Community Investments | since 2019 |
| Holly Burbank | Vice President (Start 07/2020) | 2020 |
| Jan McCormick | Vice President (Start 07/2020) | 2020 |
| Janet Spitler | Treasurer (End 12/31/24) | since 2019 |
| Jennifer Odgen | Vice President | 2023 |
| Jennifer Ogden | VP HR & Org. Development | 2024 |
| Julia Morgan | Director of Community Investment Risk Management | 2024 |
| Kathy Beyer | VP Real Estate | since 2018 |
| Michael Sprague | Director of Asset Management | 2024 |
| Nancy Owens | President | since 2018 |
| Paul Ottoson | Director of Capital Management | 2024 |
| Sherrin Vail | VP Asset Management & Portfolio Initiatives | since 2022 |
| William Eric Schmitt | Vice President, Asset Mana | since 2018 |
| William Shanahan | Co-President (Start 07/2020) | since 2020 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Charlie Baker | Chair | 1 | $0 | ||
| Kara Sweeney | Vice Chair | 1 | $0 | ||
| Karyn Hale | Asst Treasurer | 1 | $0 | ||
| Cullen Ryan | Secretary | 1 | $0 | ||
| Amy Demetrowitz | Board Member | 1 | $0 | ||
| Dave Birkhahn | Board Member | 1 | $0 | ||
| Michael Clarke | Board Member | 1 | $0 | ||
| Andrew Winter | Board Member | 1 | $0 | ||
| Chris Miller | Board Member | 1 | $0 | ||
| Kelly Laflamme | Board Member | 1 | $0 | ||
| Mike Anthony | Board Member | 1 | $0 | ||
| John Vogel | Board Member | 1 | $0 | ||
| Anna Adachi-Mejia | Board Member | 1 | $0 | ||
| Walt Greiner | Board Member | 1 | $0 | ||
| Marc Landry | Board Member (End 8/31/24) | 1 | $0 | ||
| Janet Spitler | Treasurer (End 12/31/24) | 1 | $0 | $217k | $43k |
| Nancy Owens | President | 1 | $0 | $269k | $46k |
| William Eric Schmitt | COO | 1 | $0 | $218k | $42k |
| Cynthia Lacasse | Executive VP & Cpo | 1 | $0 | $246k | $13k |
| Kathy Beyer | VP Real Estate | 1 | $0 | $203k | $25k |
| Elizabeth Wagner-Boutin | VP Community Investments | 1 | $0 | $177k | $47k |
| Sherrin Vail | VP Asset Management & Portfolio Initiatives | 1 | $0 | $184k | $34k |
| Jennifer Ogden | VP HR & Org. Development | 1 | $0 | $181k | $33k |
| Paul Ottoson | Director of Capital Management | 1 | $0 | $126k | $37k |
| Julia Morgan | Director of Community Investment Risk Management | 1 | $0 | $130k | $30k |
| Michael Sprague | Director of Asset Management | 1 | $0 | $124k | $35k |
| Amy Dohner | Project Management | 1 | $0 | $126k | $21k |
| David Graves | Controller | 1 | $0 | $123k | $14k |
About
- Legal name
- Evernorth Loan Fund Inc
- EIN
- 030315075
- Address
- 120 Exchange St, Portland, ME, 04101-5066
- State
- Maine
- Mission
- The mission of evernorth loan fund is to produce permanently affordable housing and enable investments in economic and community development to benefit vermonters through partnerships with communities and the private sector. (as filed on the Form 990)
- Activity (NTEE)
- L20Z Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 8 (IRS master file code)
- Formed
- 1988
- Principal officer
- Rich Grogan (as named on the Form 990)
- IRS ruling date
- 1 October 1989
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedPROMOTE AFFORDABLE HOUSINGHv NonprofitRelatedPROMOTE AFFORDABLE HOUSINGVernon Senior HousingRelatedPROMOTE AFFORDABLE HOUSINGHv Real Estate Holdings IncRelatedPROMOTE AFFORDABLE HOUSINGEvernorth Inc
Longest observed on the filings
≥8years on the filingsCharlie Baker
≥8years on the filingsAmy Demetrowitz
≥8years on the filingsJohn Vogel
≥8years on the filingsKaryn Hale
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $28.1m
- Total liabilities
- $4.4m
- Net assets or fund balances
- $23.7m
- Contributions and grants received
- $9.3m
- Program service revenue
- $56k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $9.7m | $716k | $9m |
As filed on the IRS Form 990. US dollars.