Nonprofit · EIN 52-0192004
ENTERPRISE COMMUNITY LOAN FUND INC
Tax-exempt · COLUMBIA, MD 21044
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $30,563,471 | $31,949,043 | -$1,385,572 | $571,747,524 | $422,508,601 | $149,238,923 |
| December 31, 2024 | 990 | $49,840,527 | $33,174,444 | $16,666,083 | $551,828,162 | $401,130,256 | $150,697,906 |
| December 31, 2023 | 990 | $36,120,781 | $23,753,467 | $12,367,314 | $480,806,615 | $346,098,780 | $134,707,835 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $157,946
- of which government grants
- $19,952
- Program service revenue
- $23,064,233
- Investment income
- $6,723,974
- Other revenue
- $617,318
Expenses
- Grants and similar amounts paid
- $4,948,425
- Compensation of officers, directors and key employees
- $1,665,591
- Other salaries and wages
- $5,394,486
- Salaries, compensation and benefits (total)
- $8,263,315
- Professional fundraising fees
- $0
- Legal fees
- $505,922
- Accounting fees
- $658,875
- Occupancy
- $563,043
- Travel
- $79,635
- Depreciation
- $160,548
- Program services (functional)
- $29,882,263
- Management and general (functional)
- $2,066,780
Balance sheet and other
- Total assets, start of year
- $551,828,162
- Total assets, end of year
- $571,747,524
- Total liabilities, end of year
- $422,508,601
- Net assets, end of year
- $149,238,923
- Land, buildings and equipment
- $491,383
- Net assets without donor restrictions
- $118,030,779
- Net assets with donor restrictions
- $31,208,144
- Gross receipts
- $30,563,471
- Employees
- 52
- Volunteers
- 5
- Year formed
- 1990
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAUN DONOVAN | DIRECTOR Trustee or director | 1 | $0 | $1,270,421 | $58,342 |
| LORI CHATMAN | CHAIR Trustee or director | 2 | $0 | $794,541 | $38,945 |
| LINDA MANLEY | SVP, CLO & SECRETARY Officer | 4 | $0 | $522,015 | $61,643 |
| DAVID RANDS | SVP & COFO Officer | 1 | $0 | $510,622 | $61,743 |
| ELISE BALBONI | PRESIDENT Trustee or director, Officer | 40 | $518,784 | $0 | $36,603 |
| CHARLOTTE CROW | SVP & TREASURER Officer | 40 | $340,529 | $0 | $52,673 |
| TIMOTHY MARTIN | VP, CHIEF CREDIT OFFICER Officer | 40 | $318,117 | $0 | $55,962 |
| JONATHAN CLARKE | VP, CHIEF LENDING OFFICER Officer | 40 | $306,682 | $0 | $36,241 |
| ANNA SMUKOWSKI | MANAGING DIRECTOR, IMPACT INVESTING Highest-paid employee | 40 | $230,789 | $0 | $41,076 |
| MONICA WARREN-JONES | SR. DIRECTOR, STRATEGIC PROJECT Highest-paid employee | 40 | $218,106 | $0 | $45,927 |
| JOY GARVIN | SR. DIRECTOR, LENDING OPERATIONS Highest-paid employee | 40 | $224,383 | $0 | $35,289 |
| JOSHUA GRIFF | DIRECTOR, CREDIT Highest-paid employee | 40 | $225,074 | $0 | $32,972 |
| SHARON BOLLERS | SR. DIRECTOR, LENDING Highest-paid employee | 40 | $230,695 | $0 | $27,100 |
| ALICE CARR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARMEN ROMERO | DIRECTOR (AS OF 09/25) Trustee or director | 1 | $0 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA MULLER | DIRECTOR (UNTIL 09/25) Trustee or director | 1 | $0 |
| KERRY E O'NEILL | DIRECTOR Trustee or director | 1 | $0 |
| PAUL BERNARD | DIRECTOR (AS OF 09/25) Trustee or director | 1 | $0 |
| SUZANNE ANARDE-DEVENPORT | DIRECTOR (AS OF 09/25) Trustee or director | 1 | $0 |
| TAIISA KELLY | DIRECTOR (UNTIL 09/25) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAUN DONOVAN | DIRECTOR Trustee or director | 1 | $0 | $916,874 | $55,845 |
| LORI CHATMAN | DIRECTOR Trustee or director | 1 | $0 | $833,077 | $38,080 |
| WILLIAM BECKMANN | SVP & CFO UNTIL 10/2024 Officer | 1 | $0 | $560,180 | $47,850 |
| LINDA MANLEY | SVP, CLO & SECRETARY Officer | 4 | $0 | $521,668 | $58,996 |
| ELISE BALBONI | PRESIDENT Trustee or director, Officer | 40 | $492,413 | $0 | $35,645 |
| CHARLOTTE CROW | SVP & TREASURER Officer | 40 | $327,713 | $0 | $49,773 |
| TIMOTHY MARTIN | VP, CHIEF CREDIT OFFICER Officer | 40 | $311,899 | $0 | $53,365 |
| JONATHAN CLARKE | VP, CHIEF LENDING OFFICER Officer | 40 | $300,620 | $0 | $35,024 |
| MONICA WARREN-JONES | DIRECTOR, STRATEGIC PROJECTS Highest-paid employee | 40 | $205,183 | $0 | $46,516 |
| CHARLES WERHANE | FORMER DIRECTOR Former | 0 | $0 | $250,000 | $0 |
| ANNA SMUKOWSKI | MANAGING DIRECTOR, IMPACT INVESTING Highest-paid employee | 40 | $213,749 | $0 | $31,832 |
| JOSHUA GRIFF | DIRECTOR, CREDIT Highest-paid employee | 40 | $190,505 | $0 | $41,694 |
| SHARON BOLLERS | DIRECTOR, LENDING Highest-paid employee | 40 | $199,061 | $0 | $23,219 |
| JOY GARVIN | DIRECTOR, LENDING OPERATIONS Highest-paid employee | 40 | $186,619 | $0 | $30,491 |
| DAVID RANDS | SVP & CFO AS OF 10/2024 Officer | 1 | $0 | $105,266 | $7,313 |
| ALICE CARR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TAIISA KELLY | DIRECTOR AS OF 01/2024 Trustee or director | 1 | $0 | $0 | $0 |
| CYNTHIA MULLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KERRY E O'NEILL | DIRECTOR AS OF 01/2024 Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LORI CHATMAN | DIRECTOR Trustee or director | 1 | $0 | $865,253 | $34,773 |
| WILLIAM BECKMANN | SVP & CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $538,609 | $31,081 |
| LINDA MANLEY | GENERAL COUNSEL & SEC. AS OF 3/23 Officer | 1 | $0 | $486,453 | $56,834 |
| ELISE BALBONI | PRESIDENT Officer | 40 | $450,187 | $0 | $34,205 |
| CHARLOTTE CROW | SENIOR VICE PRESIDENT AND TREASURER Officer | 40 | $308,986 | $0 | $47,649 |
| TIMOTHY MARTIN | VP & CHIEF CREDIT OFFICER Officer | 40 | $288,357 | $0 | $50,508 |
| STEPHANIE SHACK | GENERAL COUNSEL & SEC. UNTIL 3/23 Officer | 4 | $0 | $327,532 | $7,249 |
| JONATHAN CLARKE | VP & CHIEF LENDING OFFICER Officer | 40 | $277,080 | $0 | $32,899 |
| SHAUN DONOVAN | DIRECTOR Trustee or director | 1 | $0 | $248,570 | $12,827 |
| CHARLES WERHANE | FORMER DIRECTOR Former | 0 | $0 | $250,000 | $0 |
| MONICA WARREN-JONES | STRATEGIC PROJECTS DIRECTOR Highest-paid employee | 40 | $199,779 | $0 | $40,924 |
| JOSHUA GRIFF | DIRECTOR, CREDIT Highest-paid employee | 40 | $177,162 | $0 | $41,262 |
| ANNA SMUKOWSKI | SENIOR DIRECTOR, CAPITAL PROGRAMS Highest-paid employee | 40 | $194,077 | $0 | $23,231 |
| SHARON BOLLERS | DIRECTOR, LENDING Highest-paid employee | 40 | $187,412 | $0 | $22,072 |
| STEPHANIE BARRETT | SENIOR LOAN OFFICER Highest-paid employee | 40 | $165,198 | $0 | $41,549 |
| ALICE CARR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CATHY DOLAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HAROLD PETTIGREW | DIRECTOR UNTIL 3/23 Trustee or director | 1 | $0 | $0 | $0 |
| CYNTHIA MULLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11000 BROKEN LAND PKWY STE 700, COLUMBIA, MD 21044-3535
- In care of
- % SALLY HEBNER
- Principal officer (990 for 2025)
- ELISE BALBONI, 11000 BROKEN LAND PARKWAY 700, COLUMBIA, MD 21044
- Signed the 990
- MATT FOSTER, SVP & DEPUTY CFO
- Phone
- (410) 964-0552
- Website
- WWW.ENTERPRISECOMMUNITY.COM
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
SEE SCHEDULE O
Program accomplishments
- ENTERPRISE COMMUNITY LOAN FUND HAS GENERATED CUMULATIVE LOAN VOLUME (INCLUDING COMMITMENTS) OF $3.3 BILLION, SUPPORTING THE DEVELOPMENT OR PRESERVATION OF AFFORDABLE HOUSING AND COMMUNITY AND COMMERCIAL FACILITIES.Expenses $29,882,263 · grants $4,948,425 · revenue $23,681,551
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0192004
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $571,747,524
- Income (IRS master file)
- $30,563,471
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $30,563,471 | $31,949,043 | $571,747,524 | XML |
| 990 | December 2024 | $49,840,527 | $33,174,444 | $551,828,162 | XML |
| 990 | December 2023 | $36,120,781 | $23,753,467 | $480,806,615 | XML |
| 990 | December 2022 | $35,729,584 | $19,483,504 | $426,085,407 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-0192004).
Questions about ENTERPRISE COMMUNITY LOAN FUND INC
- What is the EIN of ENTERPRISE COMMUNITY LOAN FUND INC?
- The employer identification number (EIN) of ENTERPRISE COMMUNITY LOAN FUND INC is 52-0192004.
- Is ENTERPRISE COMMUNITY LOAN FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to ENTERPRISE COMMUNITY LOAN FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ENTERPRISE COMMUNITY LOAN FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ENTERPRISE COMMUNITY LOAN FUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ENTERPRISE COMMUNITY LOAN FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ENTERPRISE COMMUNITY LOAN FUND INC?
- The 990 for the year ended December 31, 2025 names ELISE BALBONI.
- Who are the officers and directors of ENTERPRISE COMMUNITY LOAN FUND INC?
- The 990 for the year ended December 31, 2025 lists 20 people; 9 received compensation from the organization.
- How much revenue does ENTERPRISE COMMUNITY LOAN FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $30,563,471, expenses of $31,949,043 and total assets of $571,747,524 at year end.
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