Overview

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Est.

1990

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Enterprise Community Loan Fund Inc is a nonprofit organization focused on housing development, dedicated to delivering innovative financial products and technical assistance to organizations for acquiring, developing, and preserving quality affordable housing while revitalizing communities. With an operating budget of $31.8 million and total revenue of $49.8 million in 2024, the organization demonstrates significant financial scale, supported by multiple major funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.enterprisecommunity.com.

Mission Statement

TO DELIVER INNOVATIVE FINANCIAL PRODUCTS AND TECHNICAL ASSISTANCE TO ORGANIZATIONS TO ACQUIRE, DEVELOP, AND PRESERVE QUALITY AFFORDABLE HOUSING AND TO REVITALIZE COMMUNITIES.
Revenues
$49.8M
Expenses
$33.2M
Net Income:
+$16.7M
Assets
$551.8M
Liabilities
$401.1M
Net Assets:
+$150.7M
Operating Budget
$31.8M
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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Total No. of Grants
1
Median grant size
$14.7K
Largest grant received
$14.7K
E
Elise Balboni
Board Member
A
Alice Carr
Board Member
C
Cynthia Muller
Board Member

Frequently Asked Questions

What is ENTERPRISE COMMUNITY LOAN FUND INC’s budget?
In 2024, ENTERPRISE COMMUNITY LOAN FUND INC reported an annual operating budget of around $31.8 million. More detailed financial information is available to registered users.
What causes does ENTERPRISE COMMUNITY LOAN FUND INC support?
ENTERPRISE COMMUNITY LOAN FUND INC supports work in Housing development.
Where does ENTERPRISE COMMUNITY LOAN FUND INC operate?
ENTERPRISE COMMUNITY LOAN FUND INC is headquartered in Columbia, MD.
Who funded ENTERPRISE COMMUNITY LOAN FUND INC recently?
In 2022, ENTERPRISE COMMUNITY LOAN FUND INC received grants from ENTERPRISE COMMUNITY PARTNERS INC, ENTERPRISE COMMUNITY PARTNERS INC, and ENTERPRISE COMMUNITY INVESTMENT INC. More information on this organization’s funders is available to registered users.
What is the largest grant ENTERPRISE COMMUNITY LOAN FUND INC received in 2022?
The largest grant to ENTERPRISE COMMUNITY LOAN FUND INC in 2022 exceeds $15 thousand.
What is ENTERPRISE COMMUNITY LOAN FUND INC’s reliance on government grants?
ENTERPRISE COMMUNITY LOAN FUND INC relied on government grants for more than 20% of their total revenue in 2024.