Baltimore Community Lending Inc logo

Baltimore Community Lending Inc

Foundation · Grantmaker BALTIMORE, MD EIN: 52-1632468 Website

THE MISSION OF BALTIMORE COMMUNITY LENDING IS SUPPORTING THE REVITALIZATION AND STRENGTHENING OF UNDERSERVED COMMUNITIES IN THE GREATER BALTIMORE REGION THROUGH INNOVATIVE FINANCIAL SOLUTIONS AND COLLABORATIVE RESOURCES DESIGNED TO PROMOTE COMMUNITY DEVELOPMENT.

Key facts about Baltimore Community Lending Inc

EIN
52-1632468
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,755,500
Grants made (2025)
43
Average grant
$40,826
Median grant
$10,000
Total assets
$44,380,351
Primary geography
Maryland (69% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Baltimore Community Lending Inc funds

By grant dollars, the top recipient states for Baltimore Community Lending Inc's 43 itemized 2025 grants were Maryland (69%) and District of Columbia (28%). The most frequent recipient cities were Baltimore, MD (31 grants) and Parkville, MD (2 grants). None of its 43 grants with a stated purpose were described as general or operating support. Recurring purposes include "Operations" (24 grants) and "Operations - Key Bridge Collapse" (17 grants).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$44.4M

+10.0% YoY

Annual Giving

$1.8M

Grant Count

43

Avg Grant Size

$41K

About Baltimore Community Lending Inc

Based on IRS filings

Baltimore Community Lending Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $44.4M in total assets. In 2025, it awarded 43 grants totaling $1.8M. Net investment income was $157K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 43 itemized 2025 grant dollars.

Cities

BaltimoreParkvilleBel AirEllicott CityHanoverLaurelMiddle RiverMillersvilleOwings MillsSparksglencoeWashingtonWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$8M$11M20212022202320242025
Metric202520242023
Total Assets$44,380,351$40,362,956$37,305,565
Revenue$8,804,597$6,394,581$4,865,383
Expenses$10,024,988$5,248,201$3,975,555
Qualifying Distributions———
Net Investment Income$156,956$178,351$81,849
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$439K$878K$1M$2M0 grants20210 grants20220 grants20230 grants202443 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Cureate$500KWestport Cedc$172KPbi Holdings Llc$130KA-1 Escort Service Llc$50KBeacon Stevedoring$50KGuilford Brewing Llc$50KHammer Head Trucking Llc$50KItas Llc$50KPiraeus International Inc$50KRhb Trucking Inc$50K

Grant Size Distribution

43 grants across all recorded years

27<$50K13$50–100K2$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Cureate ($500,000), Westport Cedc ($172,000), Pbi Holdings Llc ($130,000).

RecipientPurposeAmount
CUREATE WASHINGTON, DCOPERATIONS$500,000
WESTPORT CEDC BALTIMORE, MDAPPRAISAL GAP$172,000
PBI HOLDINGS LLC BALTIMORE, MDAPPRAISAL GAP$130,000
A-1 ESCORT SERVICE LLC WILMINGTON, DEOPERATIONS - KEY BRIDGE COLLAPSE$50,000
BEACON STEVEDORING BALTIMORE, MDOPERATIONS - KEY BRIDGE COLLAPSE$50,000
GUILFORD BREWING LLC BALTIMORE, MDOPERATIONS - KEY BRIDGE COLLAPSE$50,000
HAMMER HEAD TRUCKING LLC BALTIMORE, MDOPERATIONS - KEY BRIDGE COLLAPSE$50,000
ITAS LLC ELLICOTT CITY, MDOPERATIONS - KEY BRIDGE COLLAPSE$50,000
PIRAEUS INTERNATIONAL INC BALTIMORE, MDOPERATIONS - KEY BRIDGE COLLAPSE$50,000
RHB TRUCKING INC BALTIMORE, MDOPERATIONS - KEY BRIDGE COLLAPSE$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

WATCHEN HARRIS BRUCEPRESIDENT AND CEO$199KCLARENCE J SNUGGSCHIEF OPERATING OFFICER$145KSUSAN E KELLYCHIEF FINANCIAL OFFICER$131KSEAN E L RUSSELLCHIEF LENDING OFFICER$126KBONNIE J CROCKETTDIRECTOR OF SMALL BUSINESS$112K

From 2025 filing

NameTitleHoursCompensation
WATCHEN HARRIS BRUCEPRESIDENT AND CEO40$199,389
MICHAEL TAGGBOARD CHAIR0.3—
ALEX AARONBOARD VICE CHAIR0.3—
ANTONY GROSSTREASURER0.3—
LINDA HARRINGTONSECRETARY0.3—
ALICE KENNEDYBOARD MEMBER0.3—
GERARD JOABBOARD MEMBER0.3—
JEFFREY C WILKEBOARD MEMBER0.3—
PAUL T GRAZIANOBOARD MEMBER0.3—
MICHAEL F ALLENBOARD MEMBER0.3—
CLARENCE J SNUGGSCHIEF OPERATING OFFICER40$145,487
SEAN E L RUSSELLCHIEF LENDING OFFICER40$125,634
SUSAN E KELLYCHIEF FINANCIAL OFFICER40$130,654
BONNIE J CROCKETTDIRECTOR OF SMALL BUSINESS40$112,316

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Baltimore Community Lending Inc?

Baltimore Community Lending Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. It holds $44.4M in total assets as of 2025.

How large is Baltimore Community Lending Inc?

As of 2025, Baltimore Community Lending Inc holds $44.4M in total assets with $8.8M in annual revenue. It awarded 43 grants totaling $1.8M in 2025.

Where does Baltimore Community Lending Inc operate?

Baltimore Community Lending Inc has awarded grants in District of Columbia, Delaware, Maryland.

What size grants does Baltimore Community Lending Inc award?

In 2025, Baltimore Community Lending Inc awarded 43 grants totaling $1.8M — an average of about $41K per grant, based on its IRS Form 990 filings.

What is Baltimore Community Lending Inc's EIN?

Baltimore Community Lending Inc's EIN (Employer Identification Number) is 52-1632468. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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