COMMUNITY LOAN FUND OF NEW JERSEY INC
AI Summary
COMMUNITY LOAN FUND OF NEW JERSEY INC is a community and economic development nonprofit focused on entrepreneurship and working to transform at-risk communities through strategic investments, capital, and knowledge. In filing year 2024, it reported a $20.2M operating budget and $22.9M in total revenue, with major support from HURRICANE SANDY NEW JERSEY RELIEF FUND INC, NEIGHBORHOOD REINVESTMENT CORPORATION, and THE ROBERT WOOD JOHNSON FOUNDATION.
Mission Statement
TO TRANSFORM AT-RISK COMMUNITIES THROUGH STRATEGIC INVESTMENTS CAPITAL AND KNOWLEDGE.
Cause Areas
2
Entrepreneurship
Community and economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 37 funders
- 54 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is COMMUNITY LOAN FUND OF NEW JERSEY INC’s budget?
In 2024, COMMUNITY LOAN FUND OF NEW JERSEY INC reported an annual operating budget of around $20.2 million. More detailed financial information is available to registered users.
What causes does COMMUNITY LOAN FUND OF NEW JERSEY INC support?
COMMUNITY LOAN FUND OF NEW JERSEY INC supports work in Entrepreneurship and Community and economic development.
Where does COMMUNITY LOAN FUND OF NEW JERSEY INC operate?
COMMUNITY LOAN FUND OF NEW JERSEY INC is headquartered in New Brunswick, NJ.
Who funded COMMUNITY LOAN FUND OF NEW JERSEY INC recently?
In 2024, COMMUNITY LOAN FUND OF NEW JERSEY INC received grants from NATIONAL PHILANTHROPIC TRUST, NEIGHBORHOOD REINVESTMENT CORPORATION, and TD CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COMMUNITY LOAN FUND OF NEW JERSEY INC received in 2024?
The largest grant to COMMUNITY LOAN FUND OF NEW JERSEY INC in 2024 exceeds $7 million.
What is COMMUNITY LOAN FUND OF NEW JERSEY INC’s reliance on government grants?
COMMUNITY LOAN FUND OF NEW JERSEY INC relied on government grants for more than 10% of their total revenue in 2024.