Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Community Loan Center of Greater Houston is a nonprofit organization dedicated to economic development by providing small dollar loans to individuals who face challenges in accessing credit. With an operating budget of $145.9K and total revenue of $191K for the filing year 2024, the organization plays a vital role in supporting financial inclusion within the Greater Houston area. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission.

Mission Statement

PROVIDE SMALL DOLLAR LOANS TO TO INDIVIDUALS WHO HAVE TROUBLE ACCESSING CREDIT
Revenues
$191K
Expenses
$145.9K
Net Income:
+$45.1K
Assets
$1M
Liabilities
$565.1K
Net Assets:
+$435.1K
Operating Budget
$145.9K
Operating Budget by Year

Due Diligence

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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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S
Sharon Owens
Board Member
T
T Deon Warner
Board Member
M
Michael Trejo
Board Member

Frequently Asked Questions

What is COMMUNITY LOAN CENTER OF GREAT HOUSTON’s budget?
In 2024, COMMUNITY LOAN CENTER OF GREAT HOUSTON reported an annual operating budget of around $146 thousand. More detailed financial information is available to registered users.
What causes does COMMUNITY LOAN CENTER OF GREAT HOUSTON support?
COMMUNITY LOAN CENTER OF GREAT HOUSTON supports work in Economic development.
Where does COMMUNITY LOAN CENTER OF GREAT HOUSTON operate?
COMMUNITY LOAN CENTER OF GREAT HOUSTON is headquartered in HOUSTON, TX.