Mission
Enterprise Community Partners is a national nonprofit organization dedicated to addressing the massive shortage of affordable rental homes in the United States. They invest in and advocate for affordable housing, provide financial and advisory services to developers, and work on policy and community development. Their mission is to make home and community places of pride, power, and belonging, while focusing on resilience and upward mobility.
Basic Information
Tax-Exempt
Founded in
1980
EIN
52-1231931
Total Assets
$874.9 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
At a Glance
Increase Housing Supply
Enterprise invests in and advocates for the preservation and production of affordable homes, increasing the supply of rental homes for millions of families. Their efforts ensure more people have access to good homes they can afford.
Advance Racial Equity
Enterprise places racial equity at the center of their work. Their initiatives aim to dismantle systemic racism in housing by providing fair and affordable housing solutions for all, specifically targeting historically marginalized communities.
Build Resilience & Upward Mobility
Enterprise supports residents and strengthens communities to be resilient against unpredictable challenges while making upward mobility possible. Their programs focus on providing the necessary resources for stable and thriving communities.
Impact Stats
1M
homes created and preserved
Celebrating 1 Million Homes
Since its inception in 1982, Enterprise Community Partners has invested $72 billion and created or preserved 1 million homes across the United States, including in Puerto Rico and the U.S. Virgin Islands.
$3.5B
investment in BIPOC
Equitable Path Forward
A $3.5 billion initiative to dismantle the legacy of racism in housing by investing in Black, Indigenous, and People of Color (BIPOC) and other historically marginalized housing providers.
$2B
investment for clean energy
Power Forward Communities
Enterprise co-leads a landmark coalition that has been awarded a $2 billion National Clean Investment Fund grant to make America's homes healthier, more resilient, and more affordable.
Past Events
Grand Opening of Legacy at Twin Rivers
06/13/2024
Enterprise celebrated a ribbon-cutting ceremony at Legacy at Twin Rivers, a newly redeveloped affordable apartment community in Columbia, Maryland. This event marked the creation and preservation of 153 homes.
Request for Proposals for Faith-Based Development Initiative
06/10/2024
Enterprise accepted proposals for their Faith-Based Development Initiative and place-based initiatives to address the racial equity gap.
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
79
90
/100
Program Expense Ratio
89.08%
20
/20
Program Revenue Growth
32.42%
18
/20
Leverage Ratio
0.0557
20
/20
Working Capital Ratio
7.086
18
/20
Fundraising Efficiency
0.5903
14
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 98.52M | 85.03% |
| Program Services | 4.331M | 3.74% |
| Investment Income | 3.087M | 2.66% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 115.9M | 100.00% |