Enterprise Community Loan Fund Inc logo

Enterprise Community Loan Fund Inc

COLUMBIA, MD EIN: 52-0192004 Website

SEE SCHEDULE O

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$551.8M

+14.8% YoY

Annual Giving

$1.4M

-57.1% YoY

Grant Count

15

-34.8% YoY

Avg Grant Size

$93K

-34.2% YoY

About Enterprise Community Loan Fund Inc

Based on IRS filings

Enterprise Community Loan Fund Inc is a nonprofit organization focused on Housing & Shelter, based in COLUMBIA, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $551.8M in total assets. In 2024, it awarded 15 grants totaling $1.4M. Net investment income was $6.2M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AlexandriaArlingtonBaltimoreBethesdaBrentwoodBronxBurienGreenbeltHanoverHuntingtonHyattsvileLas VegasLortonMount JulietNashvilleNew YorkRentonSan FranciscoSeatacSeattle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14M$27M$41M$55M20202021202220232024
Metric202420232022
Total Assets$551,828,162$480,806,615$426,085,407
Revenue$49,840,527$36,120,781$35,729,584
Expenses$33,174,444$23,753,467$19,483,504
Qualifying Distributions
Net Investment Income$6,151,171$4,813,873$1,398,301
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$886K$2M$3M$4M11 grants20200 grants202124 grants202223 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CJG LLC$200KTOC ENTERPRISES$200KA & D QUALITY CONSTRUCTI…$175KALPHA SHARP DEVELOPMENT …$150KQUALITY DEVELOPMENT LLC$141KMARLEX CP$100KWILTRUST GROUP$100KCUNNINGHAM LEGACY LOFTS$50KDISTRICT ALLIANCE FOR SA…$50KERCPCP$50K

Grant Size Distribution

73 grants across all recorded years

17<$50K18$50–100K32$100–250K6$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cjg Llc ($200,000), Toc Enterprises ($200,000), A & D Quality Construction Co ($175,000).

RecipientPurposeAmount
A & D QUALITY CONSTRUCTION CO RENTON, WAFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$175,000
ALPHA SHARP DEVELOPMENT CO LLC LAS VEGAS, NVFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$150,000
CJG LLC BURIEN, WAFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$200,000
CUNNINGHAM LEGACY LOFTS WASHINGTON, DCFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$50,000
DISTRICT ALLIANCE FOR SAFE HOUSING (DASH) WASHINGTON, DCFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$50,000
DYNAMIC SOLUTIONS FOR THE AGING WASHINGTON, DCFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$30,000
ERCPCP WASHINGTON, DCFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$50,000
HILOA LORTON, VAFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$11,500
LITTLE LIGHTS URBAN MINISTRIES WASHINGTON, DCFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$40,000
LIVING DEVELOPMENT CONCEPTS NASHVILLE, TNFOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ELISE BALBONIPRESIDENT$492KCHARLOTTE CROWSVP & TREASURER$328KTIMOTHY MARTINVP, CHIEF CREDIT OFFICER$312KJONATHAN CLARKEVP, CHIEF LENDING OFFICER$301KANNA SMUKOWSKIMANAGING DIRECTOR, IMPACT IN…$214KMONICA WARREN-JONESDIRECTOR, STRATEGIC PROJECTS$205KSHARON BOLLERSDIRECTOR, LENDING$199KJOSHUA GRIFFDIRECTOR, CREDIT$191KJOY GARVINDIRECTOR, LENDING OPERATIONS$187K

From 2024 filing

NameTitleHoursCompensation
SHAUN DONOVANDIRECTOR1
LORI CHATMANDIRECTOR1
WILLIAM BECKMANNSVP & CFO UNTIL 10/20241
LINDA MANLEYSVP, CLO & SECRETARY4
ELISE BALBONIPRESIDENT40$492,413
CHARLOTTE CROWSVP & TREASURER40$327,713
TIMOTHY MARTINVP, CHIEF CREDIT OFFICER40$311,899
JONATHAN CLARKEVP, CHIEF LENDING OFFICER40$300,620
ANNA SMUKOWSKIMANAGING DIRECTOR, IMPACT INVESTING40$213,749
MONICA WARREN-JONESDIRECTOR, STRATEGIC PROJECTS40$205,183
SHARON BOLLERSDIRECTOR, LENDING40$199,061
JOSHUA GRIFFDIRECTOR, CREDIT40$190,505
JOY GARVINDIRECTOR, LENDING OPERATIONS40$186,619
CHARLES WERHANEFORMER DIRECTOR
DAVID RANDSSVP & CFO AS OF 10/20241
ALICE CARRDIRECTOR1
TAIISA KELLYDIRECTOR AS OF 01/20241
CYNTHIA MULLERDIRECTOR1
KERRY E O'NEILLDIRECTOR AS OF 01/20241

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Enterprise Community Loan Fund Inc?

Enterprise Community Loan Fund Inc is a nonprofit organization focused on Housing & Shelter, based in COLUMBIA, MD. It holds $551.8M in total assets as of 2024.

How large is Enterprise Community Loan Fund Inc?

As of 2024, Enterprise Community Loan Fund Inc holds $551.8M in total assets with $49.8M in annual revenue. It awarded 15 grants totaling $1.4M in 2024.

Where does Enterprise Community Loan Fund Inc operate?

Enterprise Community Loan Fund Inc has awarded grants in California, District of Columbia, Maryland, Nevada, New York, Tennessee, Virginia, Washington.

What size grants does Enterprise Community Loan Fund Inc award?

In 2024, Enterprise Community Loan Fund Inc awarded 15 grants totaling $1.4M — an average of about $93K per grant, based on its IRS Form 990 filings.

What is Enterprise Community Loan Fund Inc's EIN?

Enterprise Community Loan Fund Inc's EIN (Employer Identification Number) is 52-0192004. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Enterprise Community Loan Fund Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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