Enterprise Community Investment Inc
92% goes to programs $0 to raise $100 Strong reserves Growing revenue
Enterprise Community Investment Inc is a 501(c)(4) organization based in Columbia, Maryland, registered in 2012, with $111,157,272 in FY2023 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
11000 Broken Land Pkwy Ste 700, Columbia, MD, 21044 EIN 52-1206840 Since 2012
Revenue (FY2023)
$111.2M
▲ 7.4% vs prior year
Housing median: $408K
Expenses (FY2023)
$93.6M
Net assets
$483.2M
Employees
321
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating92% to programs · $0 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 Investment Inc: 92% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating62 mo reserves · +16% 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 Investment Inc: 62 mo reserves · +16% margin earns a B+ 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 Investment Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Investment Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Enterprise's mission is to make home and community places of pride, power and belonging, and platforms for resilience and upward mobility for all low and moderate income people.all our efforts support our strategic goals to increase housing supply, advance racial equity and build resilience and upward mobility.the organization raises private capital through investment and by forming effective partnerships. through identifying and channeling capital to qualified partners, in addition to technical, acquisition and financing assistance, we bring national dollars and know-how to local communities for critical investment in low and moderate income affordable housing and community development businesses.
Contact & location
- Address
- 11000 Broken Land Pkwy Ste 700, Columbia, MD, 21044
- City
- Columbia
- State
- Maryland
- Category
- Housing & Shelter
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $50.2M (FY2013) to $111.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $47.0MNet assets $483.2M
Operating margin
15.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$530.2M
Total liabilities
$47.0M
Net assets
$483.2M
Salaries & benefits
$49.4M
53% of expenses
Board members
7
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $111,157,272▲7.4% | $93,600,356▲7.1% | $483,205,361▲7.4% | $530,215,633▲2.9% | 990 |
| 2022 | $103,535,735▲3.1% | $87,434,045▼5.3% | $450,100,403▲12.7% | $515,265,643▲0.3% | 990 |
| 2021 | $100,404,144▲16.1% | $92,309,753▲6.5% | $399,395,327▲14.1% | $513,664,307▲28.0% | 990 |
| 2020 | $86,479,995▲9.7% | $86,649,085▲16.0% | $349,933,326▲23.6% | $401,354,272▲17.8% | 990 |
| 2019 | $78,799,555▼61.5% | $74,665,905▲15.9% | $283,170,445▲4.5% | $340,739,769▲15.1% | 990 |
| 2018 | $204,432,628▲234% | $64,442,776▲11.5% | $271,085,230▲104% | $295,958,976▲87.9% | 990 |
| 2017 | $61,178,541▲1.9% | $57,804,233▼10.7% | $133,105,656▲15.5% | $157,517,839▲12.6% | 990 |
| 2016 | $60,064,973▲28.2% | $64,715,457▲32.6% | $115,254,300▲2.6% | $139,933,196▲6.1% | 990 |
| 2015 | $46,859,143▼12.3% | $48,805,004▼3.2% | $112,322,760▲10.9% | $131,842,005▲6.7% | 990 |
| 2014 | $53,425,626▲6.4% | $50,436,998▲0.5% | $101,257,445▲5.3% | $123,581,507▲2.3% | 990 |
| 2013 | $50,196,845 | $50,161,923▼10.5% | $96,133,819▲1.1% | $120,784,443▲5.5% | 990 |
| 2012 | — | $56,052,353 | $95,117,934 | $114,532,459 | 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 (FY2023)
Highest-paid: Philip Porter — $2,248,858 (2.40% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Philip Porter | Svp, Acquisitions | 40 | $2,248,858 |
| Christopher Herrmann | Executive Vice President | 1 | $982,059 |
| Lori Chatman | President | 38 | $865,253 |
| Kari Downes | Evp, Chief Operating Officer | 40 | $860,580 |
| Scott Hoekman | President, Ehci | 40 | $785,653 |
| Bryan Hollander | Vp, Acquisitions | 40 | $609,529 |
| Brian Windley | Vp, Acquisitions | 40 | $576,452 |
| Michael Rossi | Vp, Acquisitions | 40 | $554,362 |
| William Beckmann | Svp & Chief Financial Officer | 15 | $538,609 |
| Linda Manley | Svp, Clo & Asst. Sec. As of 3/23 | 21 | $486,453 |
| Lianna Petroski | Svp, Real Estate Equity | 40 | $426,483 |
| Stephanie Shack | Svp, General Counsel & Sec. Unt 3/23 | 32 | $327,532 |
| Jeffrey Galentine | Vp and Treasurer | 14 | $266,866 |
| Charles Werhane | Former President & Ceo As 1/22 | 0 | $250,000 |
| Alice Carr | Director | 1 | — |
| Andrew Garvey | Director | 1 | — |
| Carl Jenkins | Director | 1 | — |
| Don Layton | Director | 1 | — |
| J Ronald Terwilliger | Director | 1 | — |
| Kevin Chavers | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cohnreznick LLP | Audit and Tax Services | $3,026,403 |
| Gallagher Evelius & Jones LLP | Legal | $915,577 |
| Dla Piper LLP | Legal | $601,973 |
| Mri Software LLC | It Consultants | $437,417 |
| Novogradac & Company LLP | Accounting Services | $407,870 |
Grants received · $773K total
2 grants to Enterprise Community Investment Inc totaling $773K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Enterprise Community Partners Inc | Aging well program | 2023 | $534,629 |
| Enterprise Community Partners Inc | General operating | 2022 | $238,683 |
Grants made · $5.7M in FY2023
1 grant totaling $5.7M in FY2023. All grants made by Enterprise Community Investment Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Enterprise Community Partners Inc | General support | $5,714,091 |
Similar organizations in Housing
Housing
Ann S Choice Inc
Catonsville, MD
$94.7M
Cannual revenue
Maris Grove Inc
Catonsville, MD
$95.3M
Cannual revenue
Brooksby Village Inc
Catonsville, MD
$103.2M
C+annual revenue
Housing
Baltimore Regional Housing Partnership Inc
Baltimore, MD
$103.9M
A+annual revenue
Linden Ponds Inc
Catonsville, MD
$83.0M
Cannual revenue
Cedar Crest Village LLC
Catonsville, MD
$111.5M
Cannual revenue
Fox Run Village Inc
Catonsville, MD
$76.4M
C+annual revenue
Highland Springs Inc
Catonsville, MD
$76.0M
Cannual revenue
Housing
Enterprise Community Development Inc
Columbia, MD
$114.6M
A+annual revenue
Eagles Trace Inc
Catonsville, MD
$61.4M
Cannual revenue
Compare Enterprise Community Investment Inc
Frequently asked questions
- Is Enterprise Community Investment Inc a legitimate nonprofit?
- Yes. Enterprise Community Investment Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 52-1206840, based in Columbia, Maryland.
- What is Enterprise Community Investment Inc's EIN?
- Enterprise Community Investment Inc's Employer Identification Number (EIN) is 52-1206840.
- How much revenue does Enterprise Community Investment Inc report?
- Enterprise Community Investment Inc reported $111,157,272 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Enterprise Community Investment Inc's spending goes to programs?
- Enterprise Community Investment Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Enterprise Community Investment Inc have?
- CharityIndex grades Enterprise Community Investment Inc A, based on program efficiency and fundraising cost.
- How much does Enterprise Community Investment Inc's highest-paid employee make?
- The highest reported compensation on Enterprise Community Investment Inc's latest Form 990 is $2,248,858, paid to Philip Porter (Svp, Acquisitions).
More nonprofits in Columbia
Explore more
Data for Enterprise Community Investment Inc (EIN 52-1206840) 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.