COMMUNITY LOAN FUND OF THE CAPITAL REGION INC

ALBANY, NY, 12210-2404 (518) 436-8586 Est. 1985 EIN 22-2706505
L80J - Housing & Shelter 990 - Public charity return 501(c)(3)
www.mycommunityloanfund.org

Mission

COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT LINKS SOCIALLY CONCERNED INVESTORS WITH COMMUNITY NEEDS BY MAKING AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT LOANS TO NONPROFIT ORGS, SMALL BUSINESSES AND LOW/MODERATE INCOME PERSONS.

Giving Portfolio

Total Grants
33
Total Giving
$3.8M
Recipients
32
Years Active
2020 - 2024
Avg grant: $270,849 Median: $255,409

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$1.6M $399K22
20237$1.3M $184K43
20221$479K $479K10
202021$447K $21K200

Sectors Funded

Housing & Shelter
7
Community Improvement
2
Environment
1

Top States

New York
31

Grantee Size Profile

$1M - $5M
8
$100K - $500K
2

Top Grantees

Page 1 of 3
TAP INC
NY
$600K
$524K
VARIOUS NON-PROFITS CITY OF SCHENEC
NY
$191K
20 OTHERS 10000 AND LESS
NY
$102K
OTHER COVID RELIEF
$92K
JAFJR CONSTRUCTION SERVICES LLC
NY - 2 grants
$28K

Grants Awarded · 15 grants

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Financials

Total Revenue
$3,802,384
Total Expenses
$3,471,839
Net Assets
$14,336,593
16 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.1 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 35.0%
Expenses ↑ 28.4%
Revenue Sources
Contributions 75.1% Earned revenue 18.9% Investment 6.0%
Expense Breakdown
Program 93.5% Management 6.5%

Officers & Trustees (12)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$3,802,384 ↑$3,471,839$14,336,593
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$2,816,861 ↑$2,704,077$14,006,048
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$2,396,345 ↓$2,137,260$13,893,264
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$3,557,288 ↑$1,921,498$13,634,179
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,965,641 ↑$2,158,276$11,998,389
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,152,016 $1,002,646$9,847,345

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EIN: 22-2706505 · Source: IRS Form 990 e-file data