Annual Reports

2024.5 Annual Report Booklet

2024 Annual Report

  • Expanded to serve the region

  • Grew the impact of our Capital Coaching Program and launched the Alternative Equity Program

  • Secured over $6.5M in CDFI capital for the region in just four years — with more on the way!

  • Read our 2024 Annual Report (PDF).

  • See the 2024.5 Webinar

    This year, we did things a little differently. Rather than drawing arbitrary lines around calendar years, we’re embracing the reality that our work doesn’t always start and stop neatly.

    This report focuses primarily on our efforts throughout 2024, but we’ve also included two pilot programs that launched in late 2023 and made exciting strides into early 2025. They were too impactful not to include—and we think you’ll agree they deserve the spotlight.

    This was our recorded Zoom meeting from Tuesday, May 6th at 3:30PM. Thank you to those who joined us. We did cut off all the Q&A, but we will share on our website some of the common questions and we might end up doing a youtube video just explaining the Alternative Equity program.

2023 Annual Report

  • We launched two new pilot programs that continue to grow in 2024

  • Doubled our CDFI lending in the region from $1.2M in 2023 to $2.4M in 2024.

  • Read our 2023 Annual Report (PDF).

  • We presented our Annual Report during a live webinar in March, with helpful explanations and Q&A. See the webinar.

2022 Annual Report

  • We created and fostered nearly two dozen community partnerships

  • Supported 90 local businesses

  • Saw our community receive a groundbreaking $1.2 million in CDFI lending — a five-fold increase over the previous annual average.

  • Read our 2022 Annual Report (PDF).

  • We have exciting developments in the works for 2025! Please join us on our mission to improve access to finance for our community. Donate here

2020 Business Plan

  • Community input drove a well researched and inclusive plan

  • Plan was adopted and first official board meeting in early 2020.

  • You can read more about the work that went into creating CDFI Friendly South Bend in our Business Plan.

2025 Annual Report

  • Record $15M+ CDFI Investment in our region

  • Loan growth from 22 to 28 closed CDFI loans

  • Sharing CDFI Friendly model success with more communities.

  • Read our 2025 Annual Report (PDF).

  • YouTube Video: We presented our 2025 Annual Report on zoom and also shared some exciting news for 2026 and beyond.