Public Charity

COMMUNITY LOAN FUND OF NEW JERSEY INC

Based in NEW BRUNSWICK, NJ, COMMUNITY LOAN FUND OF NEW JERSEY INC operates as a Public Charity. The organization reported $22.9M in revenue, $21.2M in expenses, $263.2M in total assets for fiscal year 2024. Imperigo tracks 33 reported grant relationships connected to this organization totaling approximately $13.8M.

EIN: 222872262 NEW BRUNSWICK, NJ Latest filing: 2024
Total Revenue$22.9M
Total Expenses$21.2M
Total Assets$263.2M
Grant Records33
Funding Total$13.8M
Filing Years2020–2024

Mission

TO TRANSFORM AT-RISK COMMUNITIES THROUGH STRATEGIC INVESTMENTS OF CAPITAL AND KNOWLEDGE.

Officers & Directors

PRESIDENT & CEO Bernel Hall
SECRETARY Bryan Long
MANAGING DIR, BUS INFRASTRUCTURE Cara Purcell Until 1223
DIRECTOR, RESOURCE DEVELOPMENT Colleen Velez Until 0524
DIRECTOR, LENDING PORTFOLIO MGMT David Bloomberg Until 0624
BOARD DIRECTOR Evan Weiss

Officer compensation and complete director data available with membership.

Top Grant Purposes

HEALTH
$7,000,000 1 grant
GENERAL SUPPORT
$2,807,006 10 grants
EXPENDABLE GRANTS
$1,134,500 2 grants
Unspecified
$751,300 2 grants
UNRESTRICTED
$690,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $22.9M $21.2M $263.2M
2023 $19.1M $18.1M $224.7M
2022 $18.3M $16.9M $225.8M
2021 $22.0M $14.2M $216.8M
2020 $18.1M $14.4M $200.3M

Between 2020 and 2024, reported annual revenue grew from $18.1M to $22.9M (+27%), with total assets most recently reported at $263.2M.

Interactive year-over-year charts and full filing details available with membership.

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