Enterprise Community Partners
Legal name: Enterprise Community Development Inc
Nonprofit profile at a glance
- EIN
- 521888775
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024
- Location
- Columbia, MD, USA
- Phone
- 4102302100
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $114,633,329
- Expenses
- $88,272,839
- Assets
- $334,560,481
- Liabilities
- $232,840,802
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- JANINE LIND (PRESIDENT AND DIRECTOR AS OF 04/24)
Highest reported compensation
- SHAUN DONOVAN (DIRECTOR): $972,719 total reported compensation
- LORI CHATMAN (DIRECTOR): $871,157 total reported compensation
- CHRISTINE MADIGAN (EVP & CBO; INTERIM PRES UNTIL 04/24): $682,593 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To make home and community places of pride, power, and belonging, as well as platforms for resilience and upward mobility, for all. See the different ways to support our mission, engage and stay connected. Two women sitting at a table talking Career Opportunities. Enterprise has the breadth, scale, and expertise to do it. We support community development organizations on the ground. We aggregate and invest billions to improve housing and strengthen communities across the U.S. We advance housing policy at every level of government. We build and manage communities ourselves. Everything we do is informed by the residents we serve. Together with our partners, we focus on the greatest need — the massive shortage of affordable rental homes — to achieve three goals: 1. Increase the supply of affordable homes.
What it reported doing in 2024
We provide resident services programs to residents of our rental properties designed to connect them with opportunities and make our properties places of pride and belonging. Programming is tailored to the needs of residents at each property and includes food assistance, health and wellness programs, financial counseling, youth programming and connection to partners providing additional services.
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 90
- Accountability: 75
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.3%; rating input score 73
- Program expense ratio: 95%; rating input score 95
- Fundraising efficiency: $18.35 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 57.1%; rating input score 57; 15th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 23%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 3.79; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.7; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 28.4% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 28.7% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 29.1% per year; rating input score 100; 97th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 73.3% of revenue deployed · 95% of spending went to programs
- Governance: 4 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $83.8M in reported program spending
- Leadership: top reported pay $973K · 23 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.7M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 456 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 57/100.
- Review — Financial Efficiency: Fundraising efficiency scored 56/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.