Florida Community Loan Fund

Organization Overview

Florida Community Loan Fund is located in Orlando, FL. The organization was established in 1995. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Florida Community Loan Fund employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Community Loan Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Florida Community Loan Fund generated $9.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $5.4m during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO NONPROFIT ORMISSION-FOCUSED FOR-PROFIT ORGANIZATIONS TO DEVELOP AFFORDABLE HOUSING,SUPPORTIVE HOUSING (WHICH INCLUDES SOCIAL SERVICES FOR RESIDENTS),COMMUNITY FACILITIES, AND ECONOMIC DEVELOPMENT PROJECTS THAT HAVE ADIRECT AND MEASURABLE IMPACT TO LOW INCOME PERSONS THROUGHOUT THE STATEOF FLORIDA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO NONPROFIT OR MISSION-FOCUSED FOR-PROFIT ORGANIZATIONS TO DEVELOP AFFORDABLE HOUSING, SUPPORTIVE HOUSING (WHICH INCLUDES SOCIAL SERVICES FOR RESIDENTS), COMMUNITY FACILITIES, AND ECONOMIC DEVELOPMENT PROJECTS THAT HAVE A DIRECT AND MEASURABLE IMPACT TO LOW INCOME PERSONS THROUGHOUT THE STATE OF FLORIDA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,178,510
All other contributions, gifts, grants, and similar amounts not included above$717,010
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,895,520
Total Program Service Revenue$6,323,254
Investment income $141,321
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,898
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,380,993

Peer Organizations

Organization NameAssets
The Bay Park Conservancy Inc
Sarasota, FL
$13,615,624
Florida Community Loan Fund
Orlando, FL
$9,380,993
Community And Economic Development
Quincy, FL
$6,163,685
Broward County Community Development Corporation Inc
Fort Lauderdale, FL
$4,516,239
Bac Funding Corporation
Miami, FL
$4,083,859
Small Business Assistance Corp
Savannah, GA
$3,622,093
Miami Beach Community Development Corporation Inc
Miami Beach, FL
$2,063,632
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Endeavor Miami Inc
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$1,593,290
Neighbors And Neighbors Association Inc
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$1,970,759
Be The Bridge
Atlanta, GA
$898,281
Sunshine State Economic Development Corp
Clearwater, FL
$1,502,127
Antioch Urban Ministries Inc
Atlanta, GA
$1,019,944
Black Economic Development Coalition Inc
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$791,216
The Center For Technology Enterprise And Development Inc
Delray Beach, FL
$803,648
Mount Olive Development Corporation
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$859,812
Apollo Foundation Inc
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$868,380
Georgia Cities Foundation Inc
Atlanta, GA
$329,522
Jacksonville Chamber Foundation Inc
Jacksonville, FL
$857,578
Florida Opportunity Fund Inc
Orlando, FL
$3,329,239
Catholic Charities Community Development Corporation
St Petersburg, FL
$1,324,017
New Communities Inc
Albany, GA
$392,175
Uptown Columbus Inc
Columbus, GA
$1,171,389
Blackbelt Treasures
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$498,837
West Lakes Partnership Inc
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$408,293

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