2021-11-15T10:47:15-06:00 2020-12-31 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990PF 2020-01-01 383126310 CINNAIRE CORPORATION CINN 5174828555 1118 S WASHINGTON AVENUE LANSING MI 48910 BRETT OUMDEIAN CFO 5174828555 2021-11-11 1 BRETT OUMDEIAN 999009999 DORI J EGGETT P00645252 3037409400 2021-11-10 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 63935512 X 1476047 146060 146060 146060 370470 2337265 370470 370470 14665919 523478 14665919 16658496 1040008 15182449 4338091 11405 4044136 282550 5340440 0 4992604 347836 1767202 0 1652100 115102 27514 0 25722 1792 70330 3517 62233 4581 1240555 31846 1127909 80800 234701 0 219414 15287 21240 0 8830 0 161245 0 161245 476900 23845 421993 31062 155949 0 145792 10157 2482139 0 2320471 161668 16316306 70613 15182449 1050835 129237 129237 16445543 70613 15182449 1180072 212953 969395 0 19415846 19715139 19715139 18704480 6166689 10595691 12537791 12537791 1219773 848508 848508 0 13800000 13800000 2301012 1748382 515101 552630 552630 13495001 16481444 16481444 45241412 63935512 63935512 8739596 9153782 116809 116809 3803708 21812743 12660113 31083334 X 0 0 0 0 32581299 32852178 32581299 32852178 45241412 63935512 32581299 212953 57926 32852178 0 32852178 PUBLICLY TRADED SECURITIES P 2337265 1966795 370470 370470 370470 370470 13475 0 13475 0 13475 9360 0 10000 0 19360 277 5608 5608 0 0 0 0 0 0 0 0 0 0 0 1 1 MI IN 1 1 0 1 0 1 WWW.CINNAIRE.COM BRETT OUMEDIAN 5174828555 1118 S WASHINGTON AVENUE LANSING MI 489331062 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MARK MCDANIEL 1118 S WASHINGTON AVENUE LANSING MI 48910 CHEIF EXECUTIVE OFFICER 40.00 813731 36873 394 RICK LABER 1118 S WASHINGTON AVENUE LANSING MI 48910 EXECUTIVE VICE PRESIDENT 40.00 770294 36873 3786 KEVIN CRAWLEY 1118 S WASHINGTON AVENUE LANSING MI 48910 CHIEF OPERATING OFFICER 40.00 474423 36873 2297 JAMES PEFFLEY 1118 S WASHINGTON AVENUE LANSING MI 48910 CHIEF STRATEGY OFFICER 40.00 439708 36873 621 JAMES LOGUE 1118 S WASHINGTON AVENUE LANSING MI 48910 EXECUTIVE VICE PRESIDENT 40.00 385405 36873 3100 JENNIFER EVERHART 1118 S WASHINGTON AVENUE LANSING MI 48910 EXECUTIVE VICE PRESIDENT 40.00 303106 36873 545 SUSAN FRANK 1118 S WASHINGTON AVENUE LANSING MI 48910 EXECUTIVE VICE PRESIDENT 40.00 281130 36744 6926 BRETT OUMEDIAN 1118 S WASHINGTON AVENUE LANSING MI 48910 CHIEF FINANCIAL OFFICER 40.00 228095 34590 2016 RYAN ROBINSON 1118 S WASHINGTON AVENUE LANSING MI 48910 EXECUTIVE VICE PRESIDENT 40.00 224981 33631 5093 KATHERINE FORTH 1118 S WASHINGTON AVENUE LANSING MI 48910 EXECUTIVE VICE PRESIDENT 40.00 218029 33908 7650 DEBORAH TOBY 1118 S WASHINGTON AVENUE LANSING MI 48910 EXECUTIVE VICE PRESIDENT 40.00 199189 30823 896 WENDELL JOHNS 1118 S WASHINGTON AVENUE LANSING MI 48910 CHAIR 1.00 0 0 0 MICHAEL TAYLOR 1118 S WASHINGTON AVENUE LANSING MI 48910 TREASURER 1.00 0 0 0 CHRISTINE HOBBS 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 CATHERINE CAWTHON 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 WILLIAM PERKINS 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 PAUL WEAVER 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 DONALD TUCKER 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 DERRICK COLLINS 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 CARL RIEDY 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 BRETT MACLEOD 1118 S WASHINGTON AVENUE LANSING MI 48910 DIRECTOR 1.00 0 0 0 CHRIS LAURENT 1118 S WASHINGTON AVENUE LANSING MI 48910 SENIOR VP 40.00 254699 35393 4435 LUCIUS VASSAR 1118 S WASHINGTON AVENUE LANSING MI 48910 SENIOR VP 40.00 239866 34340 3444 TOM EDMISTON 1118 S WASHINGTON AVENUE LANSING MI 48910 SENIOR VP 40.00 238028 35849 1840 VICKI MINCEY 1118 S WASHINGTON AVENUE LANSING MI 48910 SENIOR VP 40.00 219658 31932 0 KEITH BROADNAX 1118 S WASHINGTON AVENUE LANSING MI 48910 SENIOR VP 40.00 196597 31750 7821 98 SMALL BUSINESS ASSOCIATION OF MICHIGAN 660 CASCADE WEST PARKWAY SE GRAND RAPIDS MI 49546 HEALTH INSURANCE 1379304 LYMAN & SHEETS 2213 E GRAND RIVER LANSING MI 48901 INSURANCE 167428 RAPID7 LLC PO BOX 347377 PITTSBURGH PA 15251 CYBERSECURITY 161677 PLANTE & MORAN PLLC 16060 COLLECTIONS CENTER DR CHICAGO IL 60693 AUDIT/TAX 135899 CLARK HILL PO BOX 3760 PITTSBURGH PA 15230 LEGAL 115666 13 CINNAIRE PROVIDES FLEXIBLE LOANS AND EQUITY CAPITAL TO EXPAND AND PRESERVE AFFORDABLE HOUSING IN UNDERSERVED COMMUNITIES. THESE INVESTMENTS REVITALIZE NEIGHBORHOODS, EMPOWER INDIVIDUALS AND CREATE ECONOMIC OPPORTUNITIES. 16223284 BELOW MARKET RATE LOANS TO ORGANIZATIONS TO ALLOW THEM TO DEVELOP AFFORDABLE HOUSING FOR LOW INCOME TENANTS. 2950000 2950000 6096738 8983197 0 15079935 0 0 15079935 226199 14853736 742687 X 1180072 2950000 4130072 0 4130072 X 0 0 916355 5383221 6299576 0 0 778902 4575738 5354640 4130072 2503682 1239000 5124943 12997697 129237 117668 1037000 1148221 2432126 4000835 2386014 202000 3976722 10565571 0 0 495125 551335 610903 3588814 5246177 0 0 0 0 X AL WALLACE YOUTH SPORT FOUNDATION 4646 HOW RD BATH MI 48808 PC GENERAL SUPPORT 150 BIG BROTHERS BIG SISTERS MICHIGAN CAPITAL REGION 7200 W SAGINAW HWY STE 1 LANSING MI 48917 PC GENERAL SUPPORT 1000 CAPITAL FUNDRAISING ASSOCIATION 124 W ALLEGAN LANSING MI 48933 PC GENERAL SUPPORT 200 CHEPPEWA-LUCE-MACKINAC COMMUNITY ACTION AGENCY 524 ASHMN ST MARIE MI 49783 PC GENERAL SUPPORT 10235 CHILDRENS TRUST FUND 235 S GRAND AVE LANSING MI 48933 PC GENERAL SUPPORT 2000 COLT EARLY CHILDHOOD 9692 COLEMAN RD HASLETT MI 48840 PC GENERAL SUPPORT 500 DISABLED AMERICAN VETERANS 477 MICHIGAN AVE DETROIT MI 48226 PC GENERAL SUPPORT 100 ELE'S PLACE - CAPITAL REGION 1145 W OAKLAND DR LANSING MI 48915 PC GENERAL SUPPORT 125 FORWARD COMMUNITY INVESTMENTS 2045 ATWOOD AVE STE 101A MADISON WI 53704 PC GENERAL SUPPORT 1617 GREATER CHICAGO FOOD DEPOSITORY 4100 W ANN LURIE PLACE CHICAGO IL 60632 PC GENERAL SUPPORT 153 GREATER LANSING AREA HOLIDAY COMMISSION PO BOX 24112 LANSING MI 48909 PC GENERAL SUPPORT 50000 GREATER LANSING FOOD BANK 5600 FOOD CT BATH MI 48808 PC GENERAL SUPPORT 1030 HABITAT FOR HUMANITY DETROIT 14325 JANE ST DETROIT MI 48205 PC GENERAL SUPPORT 156 HAVEN HOUSE 121 WHITEHILLS DR EAST LANSING MI 48823 PC GENERAL SUPPORT 2000 HAVEN HOUSE 121 WHITEHILLS DR EAST LANSING MI 48823 PC GENERAL SUPPORT 928 HIGHFIELDS 5123 OLD PLANK RD ONONDAGA MI 49264 PC GENERAL SUPPORT 1617 HOLY CROSS SERVICES 414 N LARCH STREET LANSING MI 48912 PC GENERAL SUPPORT 3000 INDIANA AFFORDABLE HOUSING COUNCIL 501 CONGRESSIONAL BLVD CARMEL IN 46032 PC GENERAL SUPPORT 5000 JUNIOR ACHIEVEMENT PROCESSING CENTER 741 KENMOOR SE STE C GRAND RAPIDS MI 49546 PC GENERAL SUPPORT 200 KAIROS PO BOX 4978 EAST LANSING MI 48826 PC GENERAL SUPPORT 200 LITTLE SISTERS OF THE POOR 4200 HAREWOOD RD WASHINGTON DC 20017 PC GENERAL SUPPORT 200 MICHIGAN ASSOCIATION OF UNITED WAYS 330 MARSHALL ST STE 211 LANSING MI 48912 PC GENERAL SUPPORT 30000 NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE 530 S PINE ST LANSING MI 48933 PC GENERAL SUPPORT 1617 OMNIA INSTITUTE FOR CONTEXTUAL LEADERSHIP 155 N MICHIGAN AVE STE 519 CHICAGO IL 60601 PC GENERAL SUPPORT 10000 SAMARITAS 8131 E JEFFERSON AVE DETROIT MI 48214 PC GENERAL SUPPORT 2500 SARAH'S CIRCLE 4838 N SHERIDAN RD CHICAGO IL 60640 PC GENERAL SUPPORT 1617 SOUTHSIDE COMMUNITY COALITION 2102 W HOLMES LANSING MI 48910 PC GENERAL SUPPORT 200 SPECIAL OLYMPICS MICHIGAN 160 68TH ST SW GRAND RAPIDS MI 49548 PC GENERAL SUPPORT 525 SPECTRUM HEALTH FOUNDATION 25 MICHIGAN ST NE GRAND RAPIDS MI 49503 PC GENERAL SUPPORT 100 ST PATRICKS CENTER 107 E 14TH ST WILMINGTON DE 19801 PC GENERAL SUPPORT 250 TEENSHARP 1200 N FRENCH ST WILMINGTON DE 19801 PC GENERAL SUPPORT 1617 WISCONSIN COALITION AGAINST HOMELESSNESS 3416 SEQUOIA CIR WAUKESHA WI 53188 PC GENERAL SUPPORT 200 YMCA MADISON 101 E MIFFLIN ST MADISON WI 53703 PC GENERAL SUPPORT 200 129237 0 ACQUISITION FEES 6595634 NEW MARKET TAX CREDIT FEES 832500 DEVELOPMENT AND INVESTOR FEES 4987323 CONSULTING AND UNDERWRITING 296481 INTEREST INCOME-LOANS 523478 MISCELLANEOUS 1430503 14 146060 18 370470 0 516530 14665919 15182449 1A DEVELOPMENT FEES CHARGED RELATED TO PROVIDING EXPERTISE IN THE DEVELOPMENT OF HOUSING FOR LOW INCOME TENANTS IN CONJUNCTION WITH LOCAL NONPROFIT ORGANIZATIONS ALLOWS THE ORGANIZATION TO BUILD CAPACITY TO DEVELOP ADDITIONAL HOUSING SITES FOR LOW INCOME TENANTS AND TO ASSIST ADDITIONAL LOCAL NONPROFIT ORGANIZATIONS IN THEIR RELATED EFFORTS. 1B LOANS ARE MADE TO ECONOMICALLY UNDERSERVED COMMUNITIES TO SUPPORT HOUSING AND ECONOMIC OPPORTUNITIES FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. THE LOW AND MODERATE INCOME PEOPLE ARE TYPICALLY RESIDENTS OF RURAL AREAS. THE BORROWERS ARE NOT ELIGIBLE FOR TYPICAL BANK FINANCING. LOAN TERMS, DURATION, MATURITY, AND LOAN TO VALUE TERMS ARE NOT OFFERED BY COMMERCIAL BANK OR CREDIT UNIONS. 0 0 0 0 0 0 0 0 0 0 X X 1 PRESERVATION NON-PROFIT HOUSING CORPORATION 1118 S WASHINGTON AVE LANSING MI 48910 375000 X 2 US SMALL BUSINESS ADMINISTRATION 409 3RD ST SW WASHINGTON DC 20416 1101047 X ACCOUNTING & AUDIT 70330 3517 62233 4581 INVESTMENT - SLP GREENHOUSE APTS FMV 3748000 3748000 INVESTMENT - SLP ART CENTER APTS FMV 1000 1000 INVESTMENT - SLP CHARRING SQUARE APTS FMV 1000 1000 INVESTMENT - ECONOMIC INTEREST PS3, LLC FMV 10050000 10050000 COMPUTER EQUIPMENT 653788 457843 195945 195945 OFFICE EQUIPMENT 16650 8325 8325 8325 FURNITURE & FIXTURES 370401 298573 71828 71828 LEASEHOLD IMPROVEMENTS 136475 37593 98882 98882 LAND IMPROVEMENTS 14540 1757 12783 12783 CAPITAL LEASE EQUIPMENT 948348 941583 6765 6765 LOAN FEES 7500 2708 4792 4792 CAPITALIZED INVESTMENT COSTS 153310 0 153310 153310 LEGAL FEES 27514 0 25722 1792 SECURITY DEPOSITS 21780 21780 21780 SERVICING RIGHTS 398984 406388 406388 INVESTMENT IN AFFILIATES 2020466 1116583 1116583 INTEREST RECEIVABLE 476629 749163 749163 PROGRAM-RELATED LOANS 10577142 14187530 14187530 INSURANCE 151426 0 141563 9863 OFFERING & ORG ALLOWANCE 215385 0 201356 14029 OFFICE EXPENSES 931470 0 870801 60669 MARKETING/SPONSORSHIPS 500194 0 467615 32579 ISF PROVISION 338464 0 316419 22045 MEALS 26079 0 24380 1699 OTHER EXPENSES 319121 0 298337 20784 ACQUISITION FEES 6595634 6595634 NEW MARKET TAX CREDIT FEES 832500 832500 DEVELOPMENT AND INVESTOR FEES 4987323 4987323 CONSULTING AND UNDERWRITING 296481 296481 INTEREST INCOME-LOANS 523478 523478 523478 MISCELLANEOUS 1430503 1430503 UNREALIZED GAIN ON INVESTMENTS 33274 OTHER ADJUSTMENT 24652 CONSULTING 1240555 31846 1127909 80800 INCOME TAX EXPENSE 12410 0 0 0 PERSONAL PROPERTY TAX 8830 0 8830 0