Overview
What is New Hampshire Community Loan Fund Inc?
New Hampshire Community Loan Fund Inc is a catalyst nonprofit organization based in New Hampshire, dedicated to empowering underprivileged individuals by providing them with the resources to attain affordable homes, quality jobs, and essential childcare services. Through lending, capital, and technical assistance, they complement and extend the reach of conventional lenders and public institutions, and facilitate problem-solving collaborations between people and institutions. Established in 1983, the Community Loan Fund is recognized as a national leader in innovation, social impact, financial strength, and performance. Recipient of the prestigious Next Award for Opportunity Finance in 2009, the organization has a rich history of serving the community and making a difference in people's lives.
Official website here: www.communityloanfund.org
Is New Hampshire Community Loan Fund Inc legitimate?
New Hampshire Community Loan Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hampshire Community Loan Fund 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.
Here are some key statistics you may want to consider:
Executive Compensation: $453,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,903,397
For more financial information, click here
Official website here: www.communityloanfund.org
What is the mission statement of New Hampshire Community Loan Fund Inc?
The New Hampshire Community Loan Fund Inc functions as a catalyst, utilizing financial, human, and civic resources to help traditionally underserved individuals attain affordable homes, quality jobs, child care, and financial independence. They achieve this by providing loans, capital, and technical assistance; extending the reach of conventional lenders and public institutions; and bringing people and institutions together to solve problems. Established in 1983, the Community Loan Fund was among the first community development financial institutions in the nation and is recognized for its innovation, social impact, financial strength, and performance. The organization was the recipient of the 2009 Next Award for Opportunity Finance, the highest honor in their field.
Official website here: www.communityloanfund.org
Who is the CEO of New Hampshire Community Loan Fund Inc?
Steve Saltzman is the President & Ceo of New Hampshire Community Loan Fund Inc. The CEO's salary of New Hampshire Community Loan Fund Inc is $211,323 and their total compensation is $240,278.
Official website here: www.communityloanfund.org
What is the revenue of New Hampshire Community Loan Fund Inc?
New Hampshire Community Loan Fund Inc's revenue in 2023 was $14,740,663.
Official website here: www.communityloanfund.org
Who are the executives of New Hampshire Community Loan Fund Inc and what are their salaries?
The average compensation at New Hampshire Community Loan Fund Inc during 2023 was $75,113. There are 58 employees and 15 volunteers at New Hampshire Community Loan Fund Inc.
Here are 25 key members and their salaries (New Hampshire Community Loan Fund Inc's CEO's salary is $211,323 and their total compensation is $240,278):
- Steve Saltzman (President & Ceo) [Trustee/Director]
- Bonnie Scadova (Chief Financial Officer)
- Debra Miller (Exec Vp Strategic Partnerships & Philanthropy)
- Sarah Marchant (Chief Of Staff & Vp Of Roc-Nh)
- Jennifer Hopkins (Vice President Of Lending)
- Tara Reardon (Government Relations)
- Michelle Talwani (Community Relations Director)
- Betsy Mcnamara (Chair) [Trustee/Director]
- Kathleen Reardon (Vice Chair) [Trustee/Director]
- Don Brueggemann (Treasurer) [Trustee/Director]
- Kim Capen (Vice Treasurer) [Trustee/Director]
- Paula Rogers (Secretary) [Trustee/Director]
- Michael Swack (Emeritus) [Trustee/Director]
- Ali Sekou (Member) [Trustee/Director]
- Allison Grappone (Member) [Trustee/Director]
- Mark Fickle (Member) [Trustee/Director]
- Joseph Gerakos (Member) [Trustee/Director]
- Liz Larose (Member) [Trustee/Director]
- Sid Prabhakar (Member) [Trustee/Director]
- Shalimar Encarnacion (Member) [Trustee/Director]
- Jim Kerouac (Member) [Trustee/Director]
- Pam Laflamme (Member) [Trustee/Director]
- Kate Luczko (Member (Until 7/2022)) [Trustee/Director]
- Janet Ackerman (Member (Until 10/2022)) [Trustee/Director]
- Jamie Richardson (Member (Until 11/2022)) [Trustee/Director]
Official website here: www.communityloanfund.org
Where can I find the form 990 for New Hampshire Community Loan Fund Inc?
The New Hampshire Community Loan Fund Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.communityloanfund.org
Learn more at the official website: www.communityloanfund.org
Mission Statement of New Hampshire Community Loan Fund Inc
New Hampshire Community Loan Fund Inc, a recognized national leader in community development finance, is dedicated to empowering traditionally underserved individuals to attain affordable homes, quality jobs, and child care, enabling them to become financially independent. The organization achieves this mission through various means: providing loans, capital, and technical assistance, extending the reach of conventional lenders and public institutions, and bringing together people and institutions to solve problems.
Established in 1983, New Hampshire Community Loan Fund Inc was among the first community development financial institutions in the nation. With a focus on innovation, social impact, financial strength, and performance, the organization has garnered the highest honor in its field, the Next Award for Opportunity Finance, in 2009. The organization's commitment to serving the community is evident in its diverse range of initiatives.
Through the provision of loans, capital, and technical assistance, New Hampshire Community Loan Fund Inc offers a vital lifeline to individuals who may otherwise struggle to access these essential resources. By complementing and extending the reach of conventional lenders and public institutions, the organization bridges gaps in financing and support. Moreover, by fostering collaboration between people and institutions, New Hampshire Community Loan Fund Inc facilitates the resolution of complex problems, paving the way for lasting change and improved livelihoods.
Impact
This information is meant to be a general summary of New Hampshire Community Loan Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
New Hampshire Community Loan Fund Inc serves as a catalyst, leveraging financial, human, and civic resources to enable traditionally underserved people to attain affordable homes, quality jobs, and child care, and become financially independent. The organization accomplishes this by providing loans, capital, and technical assistance, complementing and extending the reach of conventional lenders and public institutions, and by bringing people and institutions together to solve problems. Established in 1983, New Hampshire Community Loan Fund Inc was one of the first community development financial institutions in the nation and is recognized as a national leader for its innovation, social impact, financial strength, and performance. The organization was the 2009 recipient of the NEXT Award for Opportunity Finance, the highest honor in their field.
Through their work, New Hampshire Community Loan Fund Inc has had a significant impact on community improvement by empowering underserved individuals to participate more fully in New Hampshire's economy. Their efforts have helped individuals access affordable housing, secure quality employment, and gain financial independence, ultimately contributing to the overall well-being and prosperity of the community.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST FROM LOANS
Revenue
$10,422,640
LOAN RELATED FEES
Revenue
$425,074
TRAINING AND OTHER FEES
Revenue
$28,351
Organization Details
Founding Year
1983
Phone
(603) 224-6669
Principal Officer
Steve Saltzman
Main Address
7 WALL STREET, CONCORD, NH, 03301
Website
www.communityloanfund.org
NTEE Category
Code: S31 - Community improvement
If you are a representative of New Hampshire Community Loan Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.