Program areas at Baltimore Community Lending
Community development loan portfolio management maintain, manage and service approximately 50 Community development loan assets totaling approximately $17 million and representing in excess of 400 affordable housing units, counsel and advise existing borrowers concerning loan compliance best practices, and assist struggling borrowers to identify available remedies in the event of payment and/or performance challenges.
The small business devision is a five-year-old small business loan initiative which provides financing for credit worthy businesses that lack equity or are not otherwise eligible for traditional financing. It maintains , manages and services approximately 132 small business loans totaling approximately $9,045,865 for start-up and expanding businesses.
Who funds Baltimore Community Lending
Grants from foundations and other nonprofits
Personnel at Baltimore Community Lending
| Name | Title | Compensation | Date of data |
|---|
| Watchen Harris Bruce | President and Chief Executive Officer | | 2024-10-22 |
| Clarence Snuggs | Senior Vice President and Chief Operating Officer | $131,312 | 2024-10-22 |
| Susan Kelly | Chief Financial Officer | | 2025-03-24 |
| Bonnie Crockett | Vice President and Director of the Small Business Lending Division | | 2024-10-22 |
Financials for Baltimore Community Lending
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $2,390,536 | $3,471,236 | -31.1% |
| Program services | $2,392,998 | $1,587,538 | 50.7% |
| Investment income and dividends | $81,849 | $15,967 | 412.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $-97,622 | -100% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $4,865,383 | $4,977,119 | -2.2% |
Organizations like Baltimore Community Lending
| Organization | Type | Location | Revenue |
|---|
| Washington Area Community Investment Fund | 501(c)(3) | Washington, DC | $7,616,507 |
| Landmarks Community Capital Corporation | 501(c)(3) | Pittsburgh, PA | $1,331,693 |
| Valley Partners | 501(c)(3) | Youngstown, OH | $8,153,238 |
| Mountain Association | 501(c)(3) | Berea, KY | $8,094,633 |
| Midwest Minnesota Community Development Corporation | 501(c)(3) | Detroit Lakes, MN | $6,717,967 |
| Ohio Community Development Finance Fund | 501(c)(3) | Columbus, OH | $16,922,285 |
| I2e | 501(c)(3) | Oklahoma City, OK | $6,662,200 |
| Village Capital Corporation | 501(c)(3) | Cleveland, OH | $1,484,314 |
| Florida Community Loan Fund (FCLF) | 501(c)(3) | Orlando, FL | $15,185,807 |
| Locus Impact Fund | 501(c)(3) | Christiansburg, VA | $9,660,698 |
Data update history
October 22, 2024
Updated personnel
Identified 2 new personnel
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 1 new personnel
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $80,000 from Abell Foundation Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 875 Hollins St
- Baltimore, MD 21201
- Metro area
- Baltimore-Columbia-Towson, MD
- County
- Baltimore City, MD
- Website URL
- bclending.org/Â
- Phone
- (410) 727-8590
IRS details
- EIN
- 52-1632468
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1989
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Central organization
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