Community Loan Fund of New Jersey Inc
TO TRANSFORM AT-RISK COMMUNITIES THROUGH STRATEGIC INVESTMENTS OF CAPITAL AND KNOWLEDGE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$263.2M
+17.1% YoY
Annual Giving
$1.0M
+304.5% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$250K
+1.1% YoY
About Community Loan Fund of New Jersey Inc
Based on IRS filings
Community Loan Fund of New Jersey Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW BRUNSWICK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $263.2M in total assets. In 2024, it awarded 4 grants totaling $1.0M. Net investment income was $282K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $263,186,710 | $224,707,415 | $225,755,323 |
| Revenue | $22,945,953 | $19,077,899 | $18,328,900 |
| Expenses | $21,240,082 | $18,059,409 | $16,940,665 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $282,035 | $2,603,174 | $852,699 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Open Grants
1 open opportunity from Community Loan Fund of New Jersey Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGG B GUNSELMAN | BOARD CHAIR | 1 | — |
| PAUL ALEXANDER | VICE CHAIR | 1 | — |
| LINWOOD L ROBBINS | TREASURER | 1 | — |
| BRYAN LONG | SECRETARY | 1 | — |
| MICHELLE E RICHARDSON | BOARD DIRECTOR | 1 | — |
| EVAN WEISS | BOARD DIRECTOR | 1 | — |
| LYNEIR RICHARDSON | BOARD DIRECTOR | 1 | — |
| SABRINA N CONYERS | BOARD DIRECTOR (AS OF 01/24) | 1 | — |
| MARIA VIZCARRONDO | BOARD DIRECTOR (UNTIL 09/24) | 1 | — |
| BERNEL HALL | PRESIDENT & CEO | 34 | $483,854 |
| JOHN D ALLEN IV | CHIEF FINANCIAL OFFICER | 33.5 | $212,695 |
| MELINDA COLON-COX | GEN COUNSEL & CHIEF COMP OFF | 34 | $296,976 |
| STEVEN KACZYNSKI | CONTROLLER | 34 | $165,377 |
| LEAH APGAR UNTIL 0224 | MANAGING DIR, LENDING | 30 | $238,159 |
| CARA PURCELL UNTIL 1223 | MANAGING DIR, BUS INFRASTRUCTURE | 34 | $208,124 |
| VARUN AGNIHOTRI | MANAGING DIR, PORTFOLIO MGMT | 40 | $187,664 |
| RONALD WONG UNTIL 0324 | PROGRAM DIR, ECONOMIC DEVELOPMENT | 40 | $164,923 |
| VANESSA QUIJANO | DIRECTOR OF COMMUNICATIONS | 35 | $156,126 |
| LAURA WALLICK | PROGRAM MANAGER, THRIVE SOUTH JERSEY | 40 | $151,031 |
| MANUEL MALIXI | ASSISTANT CONTROLLER | 5 | $137,958 |
| DAVID BLOOMBERG UNTIL 0624 | DIRECTOR, LENDING PORTFOLIO MGMT | 30 | $136,302 |
| COLLEEN VELEZ UNTIL 0524 | DIRECTOR, RESOURCE DEVELOPMENT | 35 | $135,693 |
| WALTER PRICE | COMMUNITY DEVELOPMENT LOAN OFFICER | 40 | $123,409 |
| LEONARD F SZOT II | DIRECTOR, INFORMATION TECHNOLOGY | 30 | $119,491 |
| MARIE MASCHERIN | FORMER CHIEF OPERATING OFF | — | $290,435 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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