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Enterprise Community Investment Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521206840 ✦ Columbia, MD ✦ Designated as a 501(c)(4)

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

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 not tax deductible.

Here 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):

    Priscilla Almodovar (Director Until 11/22)
  • Compensation: $0
  • Related: $2,262,795
  • Other: $9,184

    • Charles Werhane (Former President & Ceo As Of 1/1/22)
  • Compensation: $1,684,582
  • Related: $0
  • Other: $16,754

    • Philip Porter (Vp, Acquisitions)
  • Compensation: $1,552,781
  • Related: $0
  • Other: $52,182

    • Christopher Herrmann (Executive Vice President)
  • Compensation: $996,196
  • Related: $0
  • Other: $56,277

    • Scott Hoekman (President, Ehci)
  • Compensation: $862,758
  • Related: $0
  • Other: $53,286

    • Kari Downes (Evp, Chief Operating Officer)
  • Compensation: $814,160
  • Related: $0
  • Other: $50,182

    • Bryan Hollander (Vp, Acquisitions)
  • Compensation: $690,939
  • Related: $0
  • Other: $47,974

    • Lori Chatman (President)
  • Compensation: $650,197
  • Related: $0
  • Other: $32,203

    • Thomas Eastman (Vp Acquisitions - Ehci)
  • Compensation: $621,335
  • Related: $0
  • Other: $43,494

    • Reagan Maechling (Vp , Acquisitions)
  • Compensation: $574,761
  • Related: $0
  • Other: $56,247

    • Sally Hebner (Svp, Cfo Until 10/22)
  • Compensation: $492,729
  • Related: $0
  • Other: $33,362

    • Stephanie Shack (Svp, General Counsel And Secretary)
  • Compensation: $480,037
  • Related: $0
  • Other: $31,787

    • Linda Manley (Svp, Asst. Secretary As Of 12/22)
  • Compensation: $341,976
  • Related: $0
  • Other: $37,584

    • Angelique Kelly-Lara (Svp, Cpo Until 12/22)
  • Compensation: $347,653
  • Related: $0
  • Other: $29,600

    • Jeffrey Galentine (Vp And Treasurer)
  • Compensation: $259,591
  • Related: $0
  • Other: $45,295

    • William Beckmann (Svp, Cfo As Of 12/22)
  • Compensation: $107,644
  • Related: $0
  • Other: $6,665

    • Alice Carr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Garvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Layton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Ronald Terwilliger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.enterprisecommunity.org

    Where can I find the form 990 for Enterprise Community Investment Inc?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Enterprise Community Investment Inc's impact can be seen in its dedicated efforts to increase housing supply, advance racial equity, and build resilience and upward mobility for low and moderate-income individuals. By raising private capital through strategic investments and partnerships, Enterprise channels resources to qualified partners, providing crucial funding, technical assistance, and financing support for affordable housing and community development businesses. This organization plays a vital role in bringing national expertise and financial resources to local communities, ultimately creating places of pride, power, and belonging for individuals and families in need of affordable housing solutions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    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
  • 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

    Principal Officer

    William Beckmann

    Main Address

    11000 BROKEN LAND PARKWAY 700, COLUMBIA, MD, 21044

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Enterprise Community Investment 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.