Overview
What is Enterprise Community Investment Inc?
Enterprise Community Investment Inc is a Columbia, Maryland-based nonprofit organization with a mission to create pride, power, and belonging in homes and communities for low and moderate-income individuals. Their strategic goals include increasing housing supply, advancing racial equity, and building resilience and upward mobility. They achieve this by raising private capital through investment and partnerships, channeling funds to qualified partners, and providing technical, acquisition, and financing assistance. Enterprise brings national dollars and expertise to local communities for critical investment in affordable housing and community development businesses. With a team of 299 employees, they strive to make a significant impact on people's lives.
Official website here: www.enterprisecommunity.org
What are the reviews and ratings of this charity?
Enterprise Community Investment Inc is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization. Charity Navigator primarily evaluates nonprofits registered as 501(c)(3), which allows for an in-depth analysis of factors like Accountability & Finance and Impact & Measurement. Absence of a rating does not imply a positive or negative stance regarding the organization's overall operations or impact.
The lack of electronically-filed Form 990 data within the required time frames also limits the available financial transparency typically used in Charity Navigator's evaluations. Consequently, information such as total revenue, expenses, and key personnel salaries are not accessible. Historical evaluations focusing on aspects like Accountability and Finance are also unavailable for the same reason, leaving a gap in the financial and operational insight commonly provided by such ratings.
No user reviews are available from GreatNonprofits to offer additional perspectives from individuals who might have firsthand experience with Enterprise Community Investment Inc. Therefore, a broader understanding of the organization's community impact or client satisfaction would need to be sought from alternative sources or direct inquiries.
This AI summary has been generated from information found on Charity Navigator.
Is Enterprise Community Investment Inc legitimate?
Enterprise Community Investment Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Enterprise Community Investment Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,495,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,875,310
For more financial information, click here
Official website here: www.enterprisecommunity.org
What is the mission statement of Enterprise Community Investment Inc?
Enterprise Community Investment Inc strives to create homes and communities that instill pride, power, and a sense of belonging for individuals with low and moderate income. Their mission aligns with strategic goals to expand housing supply, promote racial equity, and build resilience and upward mobility. The organization raises private capital through investment and partnerships to channel funds to qualified partners, providing technical, acquisition, and financing assistance. By bringing national dollars and expertise to local communities, Enterprise invests in low and moderate income affordable housing and community development businesses, contributing to critical investments in these areas.
Official website here: www.enterprisecommunity.org
Who is the CEO of Enterprise Community Investment Inc?
William Beckmann is the Director of Enterprise Community Investment Inc. The CEO's salary of Enterprise Community Investment Inc is $1,684,582 and their total compensation is $1,701,336.
Official website here: www.enterprisecommunity.org
What is the revenue of Enterprise Community Investment Inc?
Enterprise Community Investment Inc's revenue in 2022 was $103,535,735.
Official website here: www.enterprisecommunity.org
Who are the executives of Enterprise Community Investment Inc and what are their salaries?
The average compensation at Enterprise Community Investment Inc during 2022 was $128,332. There are 299 employees and 6 volunteers at Enterprise Community Investment Inc.
Here are 21 key members and their salaries (Enterprise Community Investment Inc's CEO's salary is $1,684,582 and their total compensation is $1,701,336):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,262,795
- Other: $9,184
- Compensation: $347,653
- Related: $0
- Other: $29,600
- Compensation: $996,196
- Related: $0
- Other: $56,277
- Compensation: $259,591
- Related: $0
- Other: $45,295
- Compensation: $341,976
- Related: $0
- Other: $37,584
- Compensation: $650,197
- Related: $0
- Other: $32,203
- Compensation: $492,729
- Related: $0
- Other: $33,362
- Compensation: $480,037
- Related: $0
- Other: $31,787
- Compensation: $107,644
- Related: $0
- Other: $6,665
- Compensation: $862,758
- Related: $0
- Other: $53,286
- Compensation: $690,939
- Related: $0
- Other: $47,974
- Compensation: $814,160
- Related: $0
- Other: $50,182
- Compensation: $1,552,781
- Related: $0
- Other: $52,182
- Compensation: $574,761
- Related: $0
- Other: $56,247
- Compensation: $621,335
- Related: $0
- Other: $43,494
- Compensation: $1,684,582
- Related: $0
- Other: $16,754
Official website here: www.enterprisecommunity.org
Where can I find the form 990 for Enterprise Community Investment Inc?
Enterprise Community Investment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.enterprisecommunity.org
Learn more at the official website: www.enterprisecommunity.org
Mission Statement of Enterprise Community Investment Inc
Enterprise Community Investment Inc, a mission-driven organization, strives to create homes and communities that instill pride, power, and belonging for all low and moderate-income individuals. Their strategic goals encompass increasing housing supply, advancing racial equity, and building resilience and upward mobility. The organization raises private capital through investment and strategic partnerships. They channel capital to qualified partners, offering not only financial assistance but also technical assistance, acquisition help, and financing expertise. By bringing national dollars and know-how to local communities, Enterprise Community Investment Inc invests critically in affordable housing and community development businesses, thereby making a significant impact on the lives of countless individuals and families.
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Impact
October, 2024
Enterprise Community Investment Inc significantly impacts communities by enhancing housing supply and promoting racial equity, ultimately fostering resilience and upward mobility for low and moderate-income individuals. By raising private capital and forming strategic partnerships, the organization provides essential funding and support to qualified entities, ensuring that local communities have access to critical investments in affordable housing and community development.
The initiative works to transform homes and neighborhoods into places of pride and belonging, creating environments where residents can thrive. Through technical assistance and financing options, Enterprise brings together national resources and expertise to meet local needs, empowering communities to take charge of their development and future.
Overall, the organization plays a vital role in addressing housing challenges and advancing social equity, laying the groundwork for sustainable, resilient communities where all individuals have the opportunity to succeed.
This information is meant to be a general summary of Enterprise Community Investment Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,081,528
- Program Service Revenue: $67,223,312
- Gross Receipts: $103,535,735
Assets and Liabilities:
- Total Assets: $515,265,643
- Total Liabilities: $65,165,240
- Net Assets: $450,100,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SYNDICATION FEES
Revenue
$63,002,531
NMTC ASSIGNMENT FEES
Revenue
$1,750,000
ASSET MANAGEMENT FEES
Revenue
$1,538,778
EQUITY IN LOSSES
Revenue
$555,466
ADVISORY SERVICES AND
Revenue
$376,537
Organization Details
Founding Year
1981
Phone
(410) 964-1230Principal Officer
William Beckmann
Main Address
11000 BROKEN LAND PARKWAY 700, COLUMBIA, MD, 21044
Website
www.enterprisecommunity.orgNTEE Category
Code: L12 - Housing
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