COMMUNITY LOAN FUND OF NEW JERSEY INC

COMMUNITY LOAN FUND OF NEW JERSEY INC

New Brunswick, NJ, US
501(c)(3)
EIN
22-2872262
Regional Funder

COMMUNITY LOAN FUND OF NEW JERSEY INC

New Brunswick, NJ, US
501(c)(3)
EIN
22-2872262
Regional Funder

Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)

$263,186,710

Receivables (Non-Related)
51%
Cash & Equivalents
20%
Other Assets
19%
Investments
9%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$188,486,129

Notes Payable / Debt (Non-Related)
90%
Custodial & Escrow Liabilities
5%
Other Liabilities
3%
Payables & Accruals
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$30,216,798
$53,771,810
+78%
Receivables (Non-Related)
$119,503,183
$134,088,079
+12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$23,077,375
$23,462,093
+2%
Property, Plant, & Equipment (net)
$1,934,629
$1,499,884
-22%
Other Assets
$49,975,430
$50,364,844
+1%
Total Assets
$224,707,415
$263,186,710
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$3,410,095
$1,353,763
-60%
Grants Payable
-
-
-
Deferred Revenue
$1,469,558
$1,137,123
-23%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$9,875,480
$10,237,132
+4%
Notes Payable / Debt (Non-Related)
$135,017,457
$169,663,756
+26%
Related-Party Payables
-
-
-
Other Liabilities
$5,827,968
$6,094,355
+5%
Total Liabilities
$155,600,558
$188,486,129
+21%
Net assets
2023
2024
Change
Restricted Net Assets
$36,259,340
$30,257,706
-17%
Unrestricted Net Assets
$32,847,517
$44,442,875
+35%
Net assets
2023
2024
Change
Net assets
+$69,106,857
+$74,700,581
+8%
Balance Sheet
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