Nonprofit · EIN 74-3043913
CENTER FOR RESPONSIBLE LENDING
Tax-exempt · DURHAM, NC 27701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $9,670,335 | $5,870,496 | $3,799,839 | $11,459,787 | $695,666 | $10,764,121 |
| December 31, 2023 | 990 | $6,262,546 | $7,090,753 | -$828,207 | $8,305,439 | $1,341,157 | $6,964,282 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,202,714
- Program service revenue
- $4,254,366
- Investment income
- $208,455
- Other revenue
- $4,800
Expenses
- Grants and similar amounts paid
- $158,166
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $25,567
- Accounting fees
- $15,199
- Occupancy
- $409,991
- Travel
- $120,435
- Depreciation
- $14,718
- Program services (functional)
- $4,875,904
- Management and general (functional)
- $683,488
- Fundraising (functional)
- $311,104
Balance sheet and other
- Total assets, start of year
- $8,305,439
- Total assets, end of year
- $11,459,787
- Total liabilities, end of year
- $695,666
- Net assets, end of year
- $10,764,121
- Publicly traded securities
- $28,750
- Net assets without donor restrictions
- $9,651,620
- Net assets with donor restrictions
- $1,112,501
- Gross receipts
- $9,670,335
- Employees
- 0
- Year formed
- 2002
- State of legal domicile
- NC
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Elizabeth J Laderman | Senior Researcher Highest-paid employee | 0 | $142,640 | $31,041 |
| Andrew Kushner | Senior Policy Counsel Highest-paid employee | 0 | $150,782 | $13,510 |
| Michael Calhoun | President Officer | 0 | $141,227 | $22,387 |
| Ellen Harnick | CRL EVP Highest-paid employee | 0 | $136,684 | $21,142 |
| Mitria Spotser | Director Federal Policy Highest-paid employee | 0 | $143,589 | $13,408 |
| Peter Smith | Sr Researcher Highest-paid employee | 0 | $148,452 | $7,978 |
| Marcus Bowen | Treasurer Officer | 0 | $105,750 | $36,143 |
| Martin Eakes | CEODirectorSecretary Trustee or director, Officer | 0 | $100,961 | $35,827 |
| Wade Henderson | Director Trustee or director | 0.5 | $0 | $0 |
| Mark Goldhaber | Director Trustee or director | 0.5 | $0 | $0 |
| Sarah Ludwig | Director Trustee or director | 0.5 | $0 | $0 |
| Nicolas Retsina | Director Trustee or director | 0.5 | $0 | $0 |
| Lisa Rice | Director Trustee or director | 0.5 | $0 | $0 |
| Amy Domini | Director Trustee or director | 0.5 | $0 | $0 |
| Laura Arce | Director Trustee or director | 0.5 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LaShawn Warren | Director Trustee or director | 0 | $0 |
| Ira Rheingold | DirectorChair Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ellen Harnick | CRL EVP Highest-paid employee | 0 | $131,849 | $43,067 |
| Peter Smith | Sr Researcher Highest-paid employee | 0 | $142,450 | $23,417 |
| Elizabeth J Laderman | Senior Researcher Highest-paid employee | 0 | $140,857 | $21,499 |
| Michael Calhoun | President Officer | 0 | $134,773 | $22,613 |
| Nadine B Chabrier | Senior Policy Counsel Highest-paid employee | 0 | $129,788 | $24,810 |
| Mitria Spotser | Director Federal Policy Highest-paid employee | 0 | $131,740 | $11,567 |
| Marcus Bowen | Treasurer Officer | 0 | $99,998 | $36,537 |
| Martin Eakes | CEODirectorSecretary Trustee or director, Officer | 0 | $97,699 | $33,733 |
| Wade Henderson | Director Trustee or director | 0.5 | $0 | $0 |
| Amy Domini | Director Trustee or director | 0.5 | $0 | $0 |
| Laura Arce | Director Trustee or director | 0.5 | $0 | $0 |
| Nicolas Retsina | Director Trustee or director | 0.5 | $0 | $0 |
| Lisa Rice | Director Trustee or director | 0.5 | $0 | $0 |
| Sarah Ludwig | Director Trustee or director | 0.5 | $0 | $0 |
| Mark Goldhaber | Director Trustee or director | 0.5 | $0 | $0 |
| Ira Rheingold | DirectorChair Trustee or director, Officer | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 302 W MAIN ST, DURHAM, NC 27701-3216
- In care of
- % MICHAEL CALHOUN
- Principal officer (990 for 2024)
- Michael Calhoun, 302 West Main Street, Durham, NC 277013227
- Signed the 990
- MICHAEL CALHOUN, President
- Phone
- (919) 956-4400
- Website
- www.responsiblelending.org
Mission
Promoting financial fairness and economic opportunity for all, ending abusive lending practices.
Program accomplishments
- Technical Assistance: Provided legal analysis and market insights on the impact of student loan policies and participated in rulemakings on these and other financial issues. Worked with industry and regulators to develop policies and definitions to support the Community Reinvestment Act, fair lending laws and other regulations. Provided technical assistance to state-based community groups and others regarding consumer financial products.Expenses $2,865,613 · grants $158,166
- Research Services: CRL provided expert analysis for reports, public comments and testimonies on the need for strong consumer protections. This included research on the risk and harms of payday loans and other lending. It surveyed consumers on financial products and their regulation.Expenses $1,071,699
- Outreach/Communications: Provided policy analysis and outreach materials to inform the public and regulators on products and policies that prevent all Americans from establishing and sustaining economic stability and security. CRL worked to make homeownership more accessible and sustainable for borrowers, save veterans from foreclosure, and enhance fair lending laws.Expenses $938,592
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 | Not 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
- 74-3043913
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Crime and legal-related (I80)
- Assets (IRS master file)
- $11,459,787
- Income (IRS master file)
- $9,670,335
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,670,335 | $5,870,496 | $11,459,787 | IRS |
| 990 | December 2023 | $6,262,546 | $7,090,753 | $8,305,439 | XML |
| 990 | December 2022 | $4,782,304 | $6,985,522 | $9,921,887 | 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 74-3043913).
Questions about CENTER FOR RESPONSIBLE LENDING
- What is the EIN of CENTER FOR RESPONSIBLE LENDING?
- The employer identification number (EIN) of CENTER FOR RESPONSIBLE LENDING is 74-3043913.
- Is CENTER FOR RESPONSIBLE LENDING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to CENTER FOR RESPONSIBLE LENDING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CENTER FOR RESPONSIBLE LENDING 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 CENTER FOR RESPONSIBLE LENDING due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTER FOR RESPONSIBLE LENDING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CENTER FOR RESPONSIBLE LENDING?
- The 990 for the year ended December 31, 2024 names Michael Calhoun.
- Who are the officers and directors of CENTER FOR RESPONSIBLE LENDING?
- The 990 for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $142,640 (Elizabeth J Laderman, Senior Researcher).
- How much revenue does CENTER FOR RESPONSIBLE LENDING have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,670,335, expenses of $5,870,496 and total assets of $11,459,787 at year end.
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All nonprofits in DURHAM · North Carolina · Crime and legal-related