Enterprise Community Development Inc
95% goes to programs $5 to raise $100 Strong reserves Growing revenue
Enterprise Community Development Inc is a 501(c)(3) organization based in Columbia, Maryland, registered in 1995, with $114,633,329 in FY2024 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
11000 Broken Land Pkwy, Columbia, MD, 21044 EIN 52-1888775 Since 1995
Revenue (FY2024)
$114.6M
▲ 78.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$88.3M
Net assets
$101.7M
Employees
656
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% to programs · $5 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Enterprise Community Development Inc: 95% to programs · $5 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +23% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Enterprise Community Development Inc: 14 mo reserves · +23% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Enterprise Community Development Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Enterprise Community Development Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of enterprise community development (ecd) is development, preservation, and management of housing communities including coordination of resident services to provide decent and affordable housing to low- and moderate-income individuals and families. ecd is also engaged in efforts to expand the availability of, and access to renewable energy sources at affordable housing developments it owns, controls, or manages.
What they do
Development of properties for either rental or sale to low- and moderate-income individuals and families in the mid-atlantic region.
We provide resident services programs to residents of our rental properties designed to connect them with opportunities and make our properties places of pride and belonging. programming is tailored to the needs of residents at each property and includes food assistance, health and wellness programs, financial counseling, youth programming and connection to partners providing additional services.
Contact & location
- Address
- 11000 Broken Land Pkwy, Columbia, MD, 21044
- City
- Columbia
- State
- Maryland
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $197K (FY2013) to $114.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $232.8MNet assets $101.7M
Operating margin
23.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$334.6M
Total liabilities
$232.8M
Net assets
$101.7M
Salaries & benefits
$57.2M
65% of expenses
Board members
7
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $114,633,329▲78.9% | $88,272,839▲12.3% | $101,719,679▲80.4% | $334,560,481▲19.3% | 990 |
| 2023 | $64,061,078▲42.1% | $78,590,690▲28.9% | $56,391,458▼12.6% | $280,417,408▲22.2% | 990 |
| 2022 | $45,087,817▲2.5% | $60,963,101▲22.4% | $64,510,375▼3.1% | $229,423,651▲52.5% | 990 |
| 2021 | $43,987,858▲50.4% | $49,817,291▲62.9% | $66,573,733▲373% | $150,433,261▲178% | 990 |
| 2019 | $29,245,685▲21.5% | $30,576,931▲8.4% | $14,075,464▲18.5% | $54,120,771▼5.4% | 990 |
| 2018 | $24,062,408▲109% | $28,219,440▲104% | $11,877,909▼21.6% | $57,200,220▼1.1% | 990 |
| 2017 | $11,511,318▲5.2% | $13,823,200▲231% | $15,150,877▼6.3% | $57,812,178▲102% | 990 |
| 2016 | $10,944,229▲5803% | $4,173,452▲2394% | $16,175,277▲620% | $28,575,839▲225% | 990 |
| 2015 | $185,416▼73.9% | $167,355▼0.3% | $2,247,248▲67.9% | $8,802,313▲12.5% | 990 |
| 2014 | $710,938▲261% | $167,904▲24.5% | $1,338,672▲58.0% | $7,821,390▲557% | 990 |
| 2013 | $197,168 | $134,874▼82.4% | $847,420▲1.5% | $1,190,236▼2.7% | 990 |
| 2012 | — | $765,682 | $835,126 | $1,222,637 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Christine Madigan — $632,207 (0.72% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christine Madigan | Evp & Cbo; Interim Pres Until 04/24 | 38 | $632,207 |
| Kelly Shiflett | Svp & Cfo | 38 | $534,980 |
| Robert Fossi | Svp, Real Estate Develop. Until 8/24 | 38 | $451,207 |
| Gayle Filo | Pres., Enterprise Res. Until 8/24 | 40 | $404,604 |
| Todd Del Tufo | Svp, Asset Management As of 04/24 | 38 | $375,842 |
| Edwin Howe | Managing Director, New Business Dev. | 40 | $352,640 |
| Janine Lind | President and Director As of 04/24 | 38 | $331,450 |
| Stacie Birenbach | Vp, Re Development | 40 | $308,456 |
| Shelynda Brown | Vp, Real Estate | 38 | $285,136 |
| Gary Hanley | Vp, Ecd Finance | 40 | $283,660 |
| Matthew Engel | Sr. Director, Real Estate Dev. | 40 | $267,038 |
| Kevin Seawright | Vp, Operations - Residential | 40 | $248,186 |
| Reshma Holla | Vp, Dev. Strategy & Impact | 40 | $207,999 |
| Adrian Washington | Director Until 08/24 | 1 | — |
| Albert Gentry | Director | 1 | — |
| Charles Wayne | Former Director | 0 | — |
| James Brodsky | Director | 1 | — |
| Jeffrey Galentine | Treasurer | 4 | — |
| J Ronald Terwilliger | Director | 1 | — |
| Linda Manley | Clo & Secretary | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cohnreznick | Audit and Tax Services | $752,724 |
| Gallagher Evelius & Jones LLP | Legal Services | $716,227 |
| Edward H Winks - James D Snowa Architect | Architectural Design Services | $415,525 |
| Grandizio Wilkins Little & Matthews L | Consulting Services | $408,825 |
| Klein Hornig LLP | Legal Services | $378,506 |
Grants received · $22.0M total
16 grants to Enterprise Community Development Inc totaling $22.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Enterprise Community Partners Inc | General and administrative | 2024 | $10,995,546 |
| The Community Foundation Inc | Economic prosperity | 2024 | $25,000 |
| Enterprise Community Partners Inc | Aging well program | 2023 | $5,810,553 |
| The Community Foundation Inc | Economic prosperity | 2023 | $25,000 |
| Maryland Food Bank Inc | Food distribution | 2023 | $25,000 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2023 | $14,172 |
| Enterprise Community Partners Inc | Aging well program | 2022 | $581,397 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2022 | $15,242 |
| Enterprise Community Partners Inc | Capacity building | 2021 | $2,237,000 |
| Enterprise Community Investment Inc | General support | 2021 | $250,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2021 | $75,000 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2021 | $21,605 |
| Enterprise Community Investment Inc | General support | 2020 | $1,500,274 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2020 | $7,264 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2020 | $7,264 |
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Compare Enterprise Community Development Inc
Frequently asked questions
- Is Enterprise Community Development Inc a legitimate nonprofit?
- Yes. Enterprise Community Development Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1888775, based in Columbia, Maryland. Donations are tax-deductible.
- What is Enterprise Community Development Inc's EIN?
- Enterprise Community Development Inc's Employer Identification Number (EIN) is 52-1888775.
- How much revenue does Enterprise Community Development Inc report?
- Enterprise Community Development Inc reported $114,633,329 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Enterprise Community Development Inc's spending goes to programs?
- Enterprise Community Development Inc spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Enterprise Community Development Inc have?
- CharityIndex grades Enterprise Community Development Inc A+, based on program efficiency and fundraising cost.
- How much does Enterprise Community Development Inc's highest-paid employee make?
- The highest reported compensation on Enterprise Community Development Inc's latest Form 990 is $632,207, paid to Christine Madigan (Evp & Cbo; Interim Pres Until 04/24).
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Data for Enterprise Community Development Inc (EIN 52-1888775) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.