2017-08-28T12:00:20-05:00 2016-12-31 COHNREZNICK LLP 7501 WISCONSIN AVENUE 400E BETHESDA MD 208146583 990 2016-01-01 520192004 ENTERPRISE COMMUNITY LOAN FUND INC % SALLY HEBNER ENTE 4109640552 11000 BROKEN LAND PARKWAY Suite 700 COLUMBIA MD 21044 SALLY HEBNER s.V.p. cfo 4107722787 2017-06-15 true ANNE SHRANTZ CPA P00230625 3016529100 209.3.217.20 27324320172405000000 2017-08-28 P 58944D4E020C95695A301D6068D9E247C3A1F80B 58944D4E020C95695A301D6068D9E247C3A1F80B 2016 2021-01-29 14:40:06Z SALLY HEBNER 11000 BROKEN LAND PARKWAY700 COLUMBIA MD 21044 12198674 false X WWW.ENTERPRISECOMMUNITY.COM X 1990 MD to deliver innovative financial products AND TECHNICAL ASSISTANCE TO ORGANIZAtiONS TO ACQUIRE, DEVELOP, AND PRESERVE QUALITY AFFORDABLE HOUSING AND TO REVITALIZE COMMUNITIES. 6 4 28 0 7953000 3325000 7776925 8420398 218088 453276 0 0 15948013 12198674 4300000 0 0 0 2071801 2026753 0 0 0 4308921 4894553 10680722 6921306 5267291 5277368 176325087 197097943 130711100 146214755 45613987 50883188 ENTERPRISE COMMUNITY LOAN FUND DELIVERS INNOVATIVE FINANCIAL PRODUCTS AND TECHNICAL ASSISTANCE TO MISSION-ALIGNED ORGANIZATIONS TO ACQUIRE, DEVELOP AND PRESERVE QUALITY AFFORDABLE HOUSING FOR LOW AND MODERATE-INCOME FAMILIES, AND TO REVITALIZE THEIR COMMUNITIES BY PROVIDING ACCESS TO GOOD JOBS, QUALITY AFFORDABLE HOUSING, FIRST-RATE SCHOOLS, TRANSPORTATION AND HEALTHY LIVING ENVIRONMENTS. false false 6139849 8420398 Enterprise Community Loan Fund has generated cumulative loan volume (including commitments) of more than $1.6 billion, supporting the development or preservation of over 100,000 affordable housing units. 6139849 true true false false false false false false false false false false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 45 0 true 28 true false false false false false false false false false false false false false X 6 4 false false false false false false false true true false false true true true true true true true true false CA MD X X SALLY HEBNER 4107726016 11000 BROKEN LAND PARKWAY STE 700 columbia MD 21044 RON GRZYWINSKI DIRECTOR 1.0 0.0 X 0 0 0 SCOTT HOEKMAN DIRECTOR 1.0 37.0 X 0 455865 107958 charles werhane director 1.0 37.0 X 0 864356 166648 BILL BECKMANN DIRECTOR 1.0 0.0 X 0 0 0 CATHY DOLAN DIRECTOR 1.0 0.0 X 0 0 0 CYNTHIA MULLER DIRECTOR 1.0 0.0 X 0 0 0 FAITH THOMAS SECRETARY 1.0 37.0 X 0 286482 37686 CHARLOTTE CROW TREASURER/SR. VICE PRESIDENT 38.0 0.0 X 227949 0 39964 LORI CHATMAN PRESIDENT 38.0 0.0 X 314225 0 20313 ANTONIETA RAMOS VICE PRESIDENT 38.0 0.0 X 213493 0 38409 KEITH FAIREY ASSISTANT SECRETARY 1.0 37.0 X 0 256635 27116 TIMOTHY MARTIN VICE PRESIDENT 38.0 0.0 X 205474 0 38079 CRAIG MELLENDICK VICE PRESIDENT 1.0 37.0 X 0 531150 43477 JUDITH KENDE ASSISTANT SECRETARY 1.0 37.0 X 0 264720 34864 LINDA SORDEN SENIOR LENDER 38.0 0.0 X 135594 0 25896 JAMES CLARKE DIRECTOR OF LENDING 38.0 0.0 X 154107 0 18015 JUSTIN CHEN SENIOR LENDOR 38.0 0.0 X 121026 0 7338 JOSHUA GRIFF SENIOR LOAN OFFICER 38.0 0.0 X 116691 0 21636 JESSICA NEILAN SENIOR LOAN OFFICER 38.0 0.0 X 104165 0 11882 MIchael MCNEELY FORMER VICE PRESIDENT 0.0 37.0 X 0 354895 4144 1592724 3014103 643425 9 true true true 0 3300000 25000 3325000 FEE INCOME 531110 446143 446143 INTEREST ON PROG 531110 7923358 7923358 RELATED INVESTMENT-TOAH/BAY AREA K-1 531390 20446 20446 RELATED INVESTMENT-GSAF, LLC K-1 531390 30451 30451 8420398 214018 214018 0 0 0 0 0 239258 239258 239258 239258 0 0 0 0 0 0 0 0 0 0 12198674 8420398 453276 0 0 0 0 961141 746675 214466 0 715644 555958 159686 0 182891 127219 55672 167077 143686 23391 0 46636 40107 6529 52615 45249 7366 0 0 0 0 8067 6938 1129 82313 70789 11524 377927 325017 52910 0 194496 167267 27229 86791 74640 12151 0 10587 9105 1482 2790038 2790038 673657 475476 198181 0 28388 24414 3974 PROFESSIONAL FEES 91606 78781 12825 0 MISCELLANEOUS -50417 -43359 -7058 0 BAD DEBTS 501849 501849 0 6921306 6139849 781457 0 0 0 43612420 37599693 3653000 3300000 540165 770519 0 0 0 0 119070746 145624047 0 0 255336 616 0 0 8794903 9499366 0 0 337639 249289 0 0 60878 54413 176325087 197097943 463602 492297 0 0 0 0 0 0 0 0 0 0 12454123 26583714 112036563 113672624 5756812 5466120 130711100 146214755 X 36513987 40001237 9100000 10881951 0 0 45613987 50883188 176325087 197097943 X 5277368 -19507 11340 X false true X true true true X X 1 ENTERPRISE COMMUNITY PARTNERS INC 521231931 7 true 0 0 1 0 0 true false false false false false false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DEPOSITS HELD FOR OTHERS 5282487 DUE TO PARENT 166032 DUE TO AFFILIATE 17601 5466120 X FIN 48 Footnote Income taxes Loan Fund is recognized as 501(c)(3) social welfare organization and is exempt from income taxes with respect to charitable activities, except for unrelated business income. We did not have any unrelated business income during the years ended December 31, 2016 and 2015. Accordingly, no provision or benefit for income taxes has been recorded in the accompanying consolidated financial statements. We do file tax returns required to be completed by tax exempt entities with the Internal Revenue Service ("IRS") and other taxing authorities. These income tax returns are subject to examination by the IRS for a period of three years. While no income tax returns are currently being examined by the IRS, tax years since 2013 remain open for examination. Accordingly, these consolidated financial statements do not reflect a provision for income taxes and there are no other tax positions which must be considered for disclosure. difference in investment in ECLF TOAH MEMBER, llc/bay AREA and GSAF, LLC Total tax to GAAP difference from subsidiary investment in ECLF TOAH Member, LLC/BAy Area and the K-1 investment for GSAF is 11,340. X X false false false false false false false true false FAITH THOMAS SECRETARY 240096 42704 3682 20295 17391 324168 CHARLOTTE CROW TREASURER/SR. VICE PRESIDENT 197122 28847 1980 16782 23182 267913 LORI CHATMAN PRESIDENT 251007 61728 1490 20295 18 334538 MIchael MCNEELY FORMER VICE PRESIDENT 66306 71611 216978 4144 359039 SCOTT HOEKMAN DIRECTOR 238307 146471 71087 84776 23182 563823 69637 ANTONIETA RAMOS VICE PRESIDENT 196478 0 16293 0 722 0 15228 23181 251902 0 0 0 KEITH FAIREY ASSISTANT SECRETARY 215894 40019 722 19502 7614 283751 LINDA SORDEN SENIOR LENDER 125466 8324 1804 8505 17391 161490 TIMOTHY MARTIN VICE PRESIDENT 188475 16549 450 14897 23182 243553 charles werhane director 442859 328774 92723 149257 17391 1031004 88739 JAMES CLARKE DIRECTOR OF LENDING 143220 10218 669 10276 7739 172122 CRAIG MELLENDICK VICE PRESIDENT 357961 102330 70859 20295 23182 574627 70049 JUDITH KENDE ASSISTANT SECRETARY 224794 39476 450 20229 14635 299584 Schedule J officers and key employees have a performance bonus plan based on achieving certain financial targets and other individual performance criteria. PT VI, LINE 11B The entire board is given the opportunity to review the 990 and provide any comments or concerns. After all comments and concerns have been addressed the board approves the 990 for filing. PT VI, LINE 12C An annual conflict of interest disclosure exercise is performed by the organization each January. This exercise requires each employee to read the business ethics policy and complete the conflict of interest disclosure form identifying any possible conflicts known by the employee. New employees are also required to complete the conflict of interest disclosure form upon hiring. A log is maintained of any documented conflicts for future referencing. On an annual basis, all directors acknowledge their familiarity with the Loan Fund Conflict of Interest Policy and complete a Disclosure Statement. The completed statements are reviewed by the General Counsel. Any issues noted are referred to the Board or appropriate committee. PT VI, LINE 15A The process for determining compensation for the President and other Officers of Enterprise Community Loan Fund is as follows. The Chairman of the Board approves the President's compensation, utilizing comparability data. The Chairman also reviews and approves the President's recommendations for the other Officer's compensation, utilizing comparability data. PT VI, LINE 19 NO DOCUMENTS AVAILABLE PT XI line 9 2014 INVEST IN ECLF TOAH MEMBER, LLC/BAY AREA AND GSAF, LLC GAAP/TAX DIFFERENCE $11,340. ENTERPRISE COMMUNITY PARTNERS INC 11000 broken land parkway COLUMBIA MD 21044 521231931 AFF. HOUSING MD 501(C)(3) 509(a)(1) NA false enterprise community investment inc 11000 broken land parkway 700 columbia MD 21044 521206840 AFF. HOUSING MD 501(c)(4) N/A false ECLF TOAH MEMLLC 11000 broken land parkway COLUMBIA MD 21044 275305396 FINANCING DE ECLF RELATED 22387 145094 false false 0.99990 true false false true true false false false false false true false true false false true false false false