Enterprise Community Investment Inc
All our efforts support our strategic goals to increase housing supply, advance racial equity and build resilience and upward mobility.the organization raises private capital through investment and by forming effective partnerships. Through identifying and channeling capital to qualified partners, in addition to technical, acquisition and financing assistance, we bring national dollars and know-how to local communities for critical investment in low and moderate income affordable housing and community development businesses.
Enterprise Community Investment Inc at a glance
In short: Enterprise Community Investment Inc gave $6.7M across 2 grants in 2024 (avg $3.4M), mostly in Maryland. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $6,710,862
- +17.4% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $3,355,431
- -41.3% vs 2023
- Median grant
- $3,355,431
- Total assets
- $533,991,161
- +0.7% vs 2023
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Enterprise Community Investment Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Enterprise Community Partners Inc ($6.7M). Together the top 2 received $6.7M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was $5M or more: 6 grants of 10 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Enterprise Community Investment Inc gives
- Giving fell 65% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.7M (2023) to $18.9M (2021). In 2024 it made 2 grants totaling $6.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Enterprise Community Partners Inc Columbia, MD | General Support | $6,697,862 |
| Enterprise Community Development Inc Columbia, MD | General Support | $13,000 |
Ready to take the next step with Enterprise Community Investment Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $533,991,161 | $94,119,207 | $94,343,704 | $6,710,862 | 2 | $2,129,315 |
| 2023 | $530,215,633 | $111,157,272 | $93,600,356 | $5,714,091 | 1 | $7,224,003 |
| 2022 | $515,265,643 | $103,535,735 | $87,434,045 | $13,158,365 | 1 | $1,081,528 |
| 2021 | $513,664,307 | $100,404,144 | $92,309,753 | $18,941,795 | 2 | $690,130 |
| 2020 | $401,354,272 | $86,479,995 | $86,649,085 | $18,029,360 | 4 | $762,090 |
About Enterprise Community Investment Inc
Based on IRS filings
Enterprise Community Investment Inc is a public charity focused on Housing & Shelter, based in Columbia, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $534.0M in total assets. In 2024, it awarded 2 grants totaling $6.7M. Net investment income was $2.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Enterprise Community Investment Inc is led by Charles Werhane, Former President & CEO since 2024 (on filings since 2020); 16 of 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Charles Werhane
Former President & CEO
Former President & CEO → Former President & CEO As, 2023
Former President & CEO As → Former President & CEO, 2024
On filings since 2020
$1.2M (2020) → $250K (2024)
Lori Chatman
President
Senior Vice President → Senior Vice President & Capital Innovation, 2021
Senior Vice President & Capital Innovation → President, 2022
On filings since 2020
37 hrs/week
$650K (2022) → $833K (2024)
Scott Hoekman
President & Ehci
President, CEO & Ehci Llc → President & Ehci, 2022
On filings since 2020
40 hrs/week
$762K (2020) → $1M (2024)
Rick Lazio
Chairman
New on the 2024 filing
1 hr/week
No compensation reported
Reagan Maechling
Managing Director, Acquisitions & Ehci
Vice President & Acquisitions → Managing Director, Acquisitions & Ehci, 2024
On filings since 2022
40 hrs/week
$575K (2022) → $715K (2024)
Alice Carr
Director
Director → Trustee, 2021
Trustee → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Andrew Garvey
Director
Director → Trustee, 2021
Trustee → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Don Layton
Director
Director → Trustee, 2021
Trustee → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Carl Jenkins
Director
Trustee → Director, 2022
On filings since 2021
1 hr/week
No compensation reported
Shaun Donovan
Director
On filings since 2023
1 hr/week
No compensation reported
Brian Windley
Vice President, Acquisitions & Ehci
V. President → Vice President & Acquisitions, 2021
Vice President & Acquisitions → Vice President, Acquisitions & Ehci, 2024
On filings since 2020
40 hrs/week
$564K (2020) → $660K (2024)
Christopher Herrmann
Executive Vice President & Head of Real Estate Equity
Senior Vice President → Executive Vice President, 2022
Executive Vice President → Executive Vice President & Head of Real Estate Equity, 2024
On filings since 2020
1 hr/week
$750K (2020) → $1.3M (2024)
Jeffrey Galentine
Vice President & Treasurer
On filings since 2020
14 hrs/week
$274K (2020) → $276K (2024)
Philip Porter
Senior Vice President, Head of Acquistions & Ehci
Vice President & Acquisitions → Senior Vice President & Acquisitions, 2023
Senior Vice President & Acquisitions → Senior Vice President, Head of Acquistions & Ehci, 2024
On filings since 2020
40 hrs/week
$1.1M (2020) → $2.1M (2024)
Thomas Eastman
Vice President, Acquisitions & Ehci
Vice President & Acquisitions - Ehci → Vice President Acquisitions - Ehci, 2022
Vice President Acquisitions - Ehci → Vice President, Acquisitions & Ehci, 2024
On filings since 2020
40 hrs/week
$517K (2020) → $743K (2024)
Kari Downes
Executive Vice President & Head of Ehci
Executive Vice President & Chief Operating Officer → Executive Vice President & Head of Ehci, 2024
On filings since 2021
40 hrs/week
$665K (2021) → $1M (2024)
Linda Manley
Senior Vice President, Clo & Secretary
Senior Vice President & Assistant Secretary → Senior Vice President, Clo & Assistant Secretary, 2023
Senior Vice President, Clo & Assistant Secretary → Senior Vice President, Clo & Secretary, 2024
On filings since 2022
12 hrs/week
$342K (2022) → $522K (2024)
William Beckmann
Senior Vice President & CFO
Senior Vice President & CFO → Senior Vice President & Chief Financial Officer, 2023
Senior Vice President & Chief Financial Officer → Senior Vice President & CFO, 2024
On filings since 2022
13 hrs/week
$108K (2022) → $560K (2024)
Lianna Petroski
Senior Vice President, Head of Acquistions & Ree
Senior Vice President & Real Estate Equity → Senior Vice President, Head of Acquistions & Ree, 2024
On filings since 2023
40 hrs/week
$426K (2023) → $507K (2024)
Danielle Gloster
Vice President & Investor Relations
New on the 2024 filing
40 hrs/week
$537K (2024)
David Rands
Senior Vice President & CFO
New on the 2024 filing
13 hrs/week
$105K (2024)
Mikki Galloway
Senior Vice President & Chro
New on the 2024 filing
8 hrs/week
$392K (2024)
Former officers (21)
- Former: Bryan Hollander (2020–2023) — Vice President & Acquisitions
- Former: Kevin Chavers (2020–2023) — Director
- Former: Stephanie Shack (2020–2023) — Senior Vice President, General Counsel & Secretary Unt
- Former: J. Ronald Terwilliger (2021–2023) — Director
- Former: Michael Rossi (2023) — Vice President & Acquisitions
- Former: Priscilla Almodovar (2020–2022) — Director
- Former: Sally Hebner (2020–2022) — Senior Vice President & CFO
- Former: Angelique Kelly-Lara (2021–2022) — Senior Vice President & Cpo
- Former: Brian McLaughlin (2020–2021) — Former Director
- Former: Kelly Shiflett (2021) — Senior Vice President, CFO & Ecd
- Former: Andrew Johnston (2020) — Senior Vice President
- Former: Arlene Isaacs-Lowe (2020) — Director
- Former: Barry Curtis (2020) — Director
- Former: Elizabeth Stohr (2020) — Director
- Former: James Brodsky (2020) — Director
- Former: Joseph Wesolowski (2020) — Senior Vice President
- Former: Judd Levy (2020) — Director
- Former: Laura Bailey (2020) — Director
- Former: Pradip Sitaram (2020) — Senior Vice President
- Former: Ronald Terwilliger (2020) — Director
- Former: Shekar Narasimhan (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $2.1M, to Philip Porter (SVP, Head of Acquistions, Ehci). 16 officers or directors reported compensation on that filing.
Frequently asked questions about Enterprise Community Investment Inc
How much does Enterprise Community Investment Inc give each year?
Enterprise Community Investment Inc gave $6.7M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $5.7M across 1 grant.
How large is Enterprise Community Investment Inc?
Enterprise Community Investment Inc reported $534.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $94.1M.
What is Enterprise Community Investment Inc?
Enterprise Community Investment Inc is a public charity focused on Housing & Shelter, based in Columbia, MD. It holds $534.0M in total assets as of 2024.
Where does Enterprise Community Investment Inc operate?
Enterprise Community Investment Inc has awarded grants in Maryland.
What is Enterprise Community Investment Inc's EIN?
Enterprise Community Investment Inc's EIN (Employer Identification Number) is 52-1206840. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 4, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 19, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 25, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Enterprise Community Investment Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Enterprise Community Partners Inc
Columbia, MD
Enterprise Community Partners funds affordable housing and community development, including housing production and preservation, community organizations, capacity building, and related resident services. Its 2025 itemized grants had a median of $45,000, with awards ranging from $5,500 to about $13.6 million, and its work spans the United States. The profile does not state whether it accepts unsolicited requests.
Assets
$941.1M
Grants
347
Total Given
$61.8M
The Harry and Jeanette Weinberg
Owings Mills, MD
The Harry and Jeanette Weinberg Foundation funds direct services, programs, general operations, and capital projects in housing, health, jobs, education, and aging for low-income and vulnerable people. Its 2024 grants had a median of $50,000; its Small Grants Program offers up to $50,000 over two years, with funding focused on Baltimore, Hawaiʻi, Israel, and Northeastern Pennsylvania. It awards grants by invitation only and does not accept unsolicited requests.
Assets
$1.8B
Grants
872
Total Given
$127.8M
The United Way of Central Maryland Inc
Baltimore, MD
United Way of Central Maryland funds community organizations and projects addressing basic needs, family stability, education, housing, health, and economic advancement in Baltimore City and Anne Arundel, Baltimore, Carroll, Harford, and Howard counties. Its 2025 grants ranged from $5,067 to $461,984, with a median of $15,078; specific opportunities use competitive applications, but the profile does not state whether general unsolicited requests are accepted.
Assets
$51.1M
Grants
216
Total Given
$10.6M
Baltimore Community Foundation Inc
Baltimore, MD
Baltimore Community Foundation supports schools, neighborhoods, and community projects, including work on kindergarten readiness, student well-being, neighborhood vitality, and arts and culture. Its 2024 grants had a median of about $19,800, with amounts varying widely, and its strategic school and neighborhood grants focus on Baltimore City and Baltimore County. It invites applications through its online portal for specified grant programs.
Assets
$314.3M
Grants
604
Total Given
$29.3M
Freedom Together Foundation
New York, NY
The foundation funds work to strengthen multiracial democracy and build community and worker power, racial and gender justice, movement infrastructure, reproductive health, medical research, and community institutions. In 2024, its grants ranged from $5,000 to $14 million, with a median of $500,000; its largest shares went to organizations in Washington, DC, New York, California, Massachusetts, and Illinois. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$3.4B
Grants
595
Total Given
$470.0M
Urban Habitat Program
Oakland, CA
Urban Habitat democratizes power and advances equitable policies to create a just and connected Bay Area for low-income communities of color. We confront structural inequities impacting historically disenfranchised communities. Through strategic partnerships, we support increasing the power and capacity in low-income communities of color.
Assets
$9.4M
Grants
3
Total Given
$269K
More similar funders
More Funders in Maryland
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Enterprise Community Investment Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Enterprise Community Investment Inc down — hundreds of funders to go?