COMMUNITY LOAN FUND OF THE CAPITAL REGION INC

ALBANY, NY, 12210-2404 (518) 436-8586 Est. 1985 EIN 22-2706505
L80J— Housing & Shelter Form 990 501(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
28
Total Giving
$3.0M
Recipients
27
Years Active
2020 - 2024
Avg grant: $289,282 Median: $287,121

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20242$893K $447K02
20236$1.3M $214K33
20221$479K $479K10
202019$335K $18K180

Sectors Funded

Housing & Shelter
7
Community Improvement
2
Environment
1

Top States

New York
28

Grantee Size Profile

$1M - $5M
7
$100K - $500K
2
$5M - $10M
1

Top Grantees

$524K
VARIOUS NON-PROFITS CITY OF SCHENEC
NY
$191K
JAFJR CONSTRUCTION SERVICES LLC
NY - 2 grants
$28K
ANDERSON CONSTRUCTION CORPORATION
NY
$20K
B LODGE CO INC
NY
$20K
KAREN MAXWELL DBA KEMA'S KREATIONS
NY
$20K
and 12 more grantees

Grants Awarded · 10 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 Form 990$3,802,384 $3,471,839$14,336,593
2023 Form 990$2,816,861 $2,704,077$14,006,048
2022 Form 990$2,396,345 $2,137,260$13,893,264
2021 Form 990$3,557,288 $1,921,498$13,634,179
2020 Form 990$2,965,641 $2,158,276$11,998,389
2018 Form 990$1,152,016 $1,002,646$9,847,345

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