NonprofitsEnterprise Community Loan Fund Inc

Housing & Shelter

Enterprise Community Loan Fund Inc

COLUMBIA, MD

Total revenue

$49.8M

Total expenses

$33.2M

Net assets

$150.7M

Grants received

$13.4M

7 grants

EIN

520192004

Tax year

2024

Mission

To deliver innovative financial products and technical assistance to organizations to acquire, develop, and preserve quality affordable housing and to revitalize communities.

Financials

FY 2024

Revenue

Contributions & grants$20.1M
Program service revenue$22.9M
Investment income$6.2M
Other revenue$762K
Total revenue$49.8M

Expenses

Grants paid$1.4M
Salaries & benefits$6.8M
Fundraising
Other expenses$25.0M
Total expenses$33.2M
Total assets$551.8M
Net assets$150.7M

People

19 listed

NameRoleCompensation

ELISE BALBONI

PRESIDENT

Board

$492K

40 hrs/wk

CHARLOTTE CROW

SVP & TREASURER

Board

$328K

40 hrs/wk

TIMOTHY MARTIN

VP, CHIEF CREDIT OFFICER

Board

$312K

40 hrs/wk

JONATHAN CLARKE

VP, CHIEF LENDING OFFICER

Board

$301K

40 hrs/wk

SHAUN DONOVAN

DIRECTOR

Board

1 hrs/wk

KERRY E O'NEILL

DIRECTOR AS OF 01/2024

Board

1 hrs/wk

LORI CHATMAN

DIRECTOR

Board

1 hrs/wk

WILLIAM BECKMANN

SVP & CFO UNTIL 10/2024

Board

1 hrs/wk

LINDA MANLEY

SVP, CLO & SECRETARY

Board

4 hrs/wk

DAVID RANDS

SVP & CFO AS OF 10/2024

Board

1 hrs/wk

ALICE CARR

DIRECTOR

Board

1 hrs/wk

TAIISA KELLY

DIRECTOR AS OF 01/2024

Board

1 hrs/wk

CYNTHIA MULLER

DIRECTOR

Board

1 hrs/wk

ANNA SMUKOWSKI

MANAGING DIRECTOR, IMPACT INVESTING

Staff

$214K

40 hrs/wk

MONICA WARREN-JONES

DIRECTOR, STRATEGIC PROJECTS

Staff

$205K

40 hrs/wk

SHARON BOLLERS

DIRECTOR, LENDING

Staff

$199K

40 hrs/wk

JOSHUA GRIFF

DIRECTOR, CREDIT

Staff

$191K

40 hrs/wk

JOY GARVIN

DIRECTOR, LENDING OPERATIONS

Staff

$187K

40 hrs/wk

CHARLES WERHANE

FORMER DIRECTOR

Staff

0

Independent contractors

WARNER NORCROSS & JUDD LLP

LEGAL SERVICES

$130K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$15K
GENERAL OPERATING
2022
$1M
CAPACITY BUILDING
2021
$1.2M
GENERAL OPERATING SUPPORT
2018
$384K
KRESGE SPARCC GRANT
2018
$574K
GENERAL SUPPORT FOR SPARCC PROGRAM
2017

Funded by

$13.4M from 5 funders · 7 grants · 2017–2022

Tipping Point Community

$1.2M · 1 grant · 2018

Enterprise Community Partners Inc

$1.0M · 2 grants · 2021–2022

Low Income Investment Fund

$958K · 2 grants · 2017–2018

Details

EIN520192004
NTEE codeL20
Subsection03
Ruling date1990-08
Formed1990
Employees48
Volunteers4
ENTERPRISE COMMUNITY LOAN FUND INC — Mission, Financials & Grants Received | Grantivo