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Florida Community Loan Fund Inc

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

EIN: 650545058 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

Overview

What is Florida Community Loan Fund Inc?

Florida Community Loan Fund Inc is a nonprofit organization situated in Orlando, Florida, specifically at 800 N Magnolia Ave 106. Its primary mission is to offer loans and technical assistance to nonprofit and mission-driven for-profit organizations across Florida. These organizations aim to develop affordable housing, supportive housing with integrated social services, community facilities, and economic development projects that positively impact low-income individuals throughout the state. With a vision of opportunity and dignity for every person and community in Florida, this organization's expertise and capital contribute to the success of projects, thereby improving lives and communities. Currently, Florida Community Loan Fund Inc employs 21 individuals.


Official website here: www.fclf.org

Is Florida Community Loan Fund Inc legitimate?

Florida Community Loan Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida 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: $934,503
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,077,675

For more financial information, click here


Official website here: www.fclf.org

What is the mission statement of Florida Community Loan Fund Inc?

Florida Community Loan Fund Inc's mission is centered around providing loans and technical assistance to nonprofit and mission-focused for-profit organizations. Their goal is to develop affordable housing, supportive housing with social services for residents, community facilities, and economic development projects that have a direct and measurable impact on low-income individuals throughout Florida. This organization's mission is driven by a vision of opportunity and dignity for every person and community in the state. By offering their expertise and capital, they aim to make projects successful, helping organizations improve lives and communities.


Official website here: www.fclf.org

Who is the CEO of Florida Community Loan Fund Inc?

Ignacio Esteban is the Board Member of Florida Community Loan Fund Inc. The CEO's salary of Florida Community Loan Fund Inc is $247,726 and their total compensation is $271,261.


Official website here: www.fclf.org

What is the revenue of Florida Community Loan Fund Inc?

Florida Community Loan Fund Inc's revenue in 2022 was $9,380,993.


Official website here: www.fclf.org

Who are the executives of Florida Community Loan Fund Inc and what are their salaries?

The average compensation at Florida Community Loan Fund Inc during 2022 was $95,818. There are 21 employees at Florida Community Loan Fund Inc.

Here are 21 key members and their salaries (Florida Community Loan Fund Inc's CEO's salary is $247,726 and their total compensation is $271,261):

    Ignacio Esteban (Chief Executive Officer)
  • Compensation: $247,726
  • Related: $0
  • Other: $23,535

    • Nelson Black (Chief Lending Officer)
  • Compensation: $239,718
  • Related: $0
  • Other: $18,200

    • Tammy Thomas (Chief Financial Officer)
  • Compensation: $233,951
  • Related: $0
  • Other: $17,792

    • Joy Beaton (Dir Of Gov'T Relations)
  • Compensation: $195,301
  • Related: $0
  • Other: $18,089

    • James Walker (Comm Dev Loan Officer)
  • Compensation: $141,719
  • Related: $0
  • Other: $18,200

    • Susan Holtrey (Loan Portfolio Mgr)
  • Compensation: $141,253
  • Related: $0
  • Other: $18,200

    • Janet Deguehery (Comm & Mkg Mgr)
  • Compensation: $123,348
  • Related: $0
  • Other: $18,200

    • Dwayne Rankin (Comm Dev Loan Officer)
  • Compensation: $110,768
  • Related: $0
  • Other: $19,791

    • Cynthia Ross (Comm Dev Loan Officer)
  • Compensation: $104,508
  • Related: $0
  • Other: $22,600

    • Ana Castillo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annie Neasman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clare Raley (Chair, Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David R Punzak (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Coney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Germaine Smith-Baugh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Humburg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Talmadge (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Rimbey (Treasurer, Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Drayton (Vice Chair, Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Brown (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor Rivera (Secretary, Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fclf.org

    Where can I find the form 990 for Florida Community Loan Fund Inc?

    The Florida Community Loan Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fclf.org

    Learn more at the official website: www.fclf.org

    Mission Statement of Florida Community Loan Fund Inc

    Florida Community Loan Fund Inc is dedicated to providing opportunities and dignity for every person and community in the state. They achieve this mission by offering loans and technical assistance to both nonprofit and mission-focused for-profit organizations. These organizations then utilize this support to develop affordable housing, supportive housing with social services for residents, community facilities, and economic development projects. The primary goal of these projects is to have a direct and measurable impact on low-income individuals throughout Florida. By providing this financial and expert assistance, Florida Community Loan Fund Inc enables these organizations to improve lives and strengthen communities.

    Impact

    This information is meant to be a general summary of Florida Community Loan Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Florida Community Loan Fund Inc's impact is significant in improving the lives of low-income individuals and communities throughout the state of Florida. By providing loans and technical assistance to mission-focused for-profit organizations, they support the development of affordable housing, supportive housing with social services, community facilities, and economic development projects. This direct and measurable impact helps create opportunities and dignity for every person and community in Florida. Their expertise and capital enable projects to succeed, ultimately enhancing the quality of life and fostering community improvement.





    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: $162,219
  • Program Service Revenue: $6,323,254
  • Gross Receipts: $9,380,993

    • Assets and Liabilities:
  • Total Assets: $127,872,101
  • Total Liabilities: $81,533,591
  • Net Assets: $46,338,510
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST AND FEES

    Revenue

    $6,323,254

    Organization Details

    Founding Year

    1994

    Principal Officer

    Ignacio Esteban

    Main Address

    800 N MAGNOLIA AVE 106, ORLANDO, FL, 32803

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Florida 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.