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Nonprofiteer
← ENTERPRISE COMMUNITY INVESTMENT INC

Form 990 for tax year 2022

Filed by ENTERPRISE COMMUNITY INVESTMENT INC.

Totals

Total revenue
$103,535,735
Total expenses
$87,434,045
Contributions and grants received
$0
Grants paid
$13,159,616
Program services expenses (Part IX)
$77,780,781
Management and general expenses
$9,653,264
Fundraising expenses
$0
Program service expenses (Part III)
$77,780,781

Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ALICE CARR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANDREW GARVEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CARL JENKINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DON LAYTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • J RONALD TERWILLIGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PRISCILLA ALMODOVAR

    DIRECTOR UNTIL 11/22

    Total calculated
    $2,271,979
    From this org
    $0
    From related orgs
    $2,262,795
    Other
    $9,184
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $643,052 related
    Bonus
    $0 + $1,561,890 related
    Other
    $0 + $57,853 related
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $34 related
    Filer's total
    $0 + $2,271,979 related

  • ANGELIQUE KELLY-LARA

    SVP, CPO UNTIL 12/22

    Total calculated
    $377,253
    From this org
    $347,653
    From related orgs
    $0
    Other
    $29,600
    Hours/week
    8 + 32 related

    Schedule J breakdown matched by us

    Base
    $254,591
    Bonus
    $83,000
    Other
    $10,062
    Deferred
    $9,147
    Nontaxable benefits
    $20,453
    Filer's total
    $377,253

  • CHRISTOPHER HERRMANN

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $1,052,473
    From this org
    $996,196
    From related orgs
    $0
    Other
    $56,277
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $355,963
    Bonus
    $609,584
    Other
    $30,649
    Deferred
    $23,040
    Nontaxable benefits
    $33,237
    Filer's total
    $1,052,473

  • JEFFREY GALENTINE

    VP AND TREASURER

    Total calculated
    $304,886
    From this org
    $259,591
    From related orgs
    $0
    Other
    $45,295
    Hours/week
    14 + 26 related

    Schedule J breakdown matched by us

    Base
    $214,574
    Bonus
    $43,000
    Other
    $2,017
    Deferred
    $19,294
    Nontaxable benefits
    $26,001
    Filer's total
    $304,886

  • LINDA MANLEY

    SVP, ASST. SECRETARY AS OF 12/22

    Total calculated
    $379,560
    From this org
    $341,976
    From related orgs
    $0
    Other
    $37,584
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $339,847
    Bonus
    $0
    Other
    $2,129
    Deferred
    $9,150
    Nontaxable benefits
    $28,434
    Filer's total
    $379,560

  • LORI CHATMAN

    PRESIDENT

    Total calculated
    $682,400
    From this org
    $650,197
    From related orgs
    $0
    Other
    $32,203
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $420,930
    Bonus
    $226,945
    Other
    $2,322
    Deferred
    $23,040
    Nontaxable benefits
    $9,163
    Filer's total
    $682,400

  • SALLY HEBNER

    SVP, CFO UNTIL 10/22

    Total calculated
    $526,091
    From this org
    $492,729
    From related orgs
    $0
    Other
    $33,362
    Hours/week
    29 + 11 related

    Schedule J breakdown matched by us

    Base
    $342,620
    Bonus
    $130,000
    Other
    $20,109
    Deferred
    $9,150
    Nontaxable benefits
    $24,212
    Filer's total
    $526,091

  • STEPHANIE SHACK

    SVP, GENERAL COUNSEL AND SECRETARY

    Total calculated
    $511,824
    From this org
    $480,037
    From related orgs
    $0
    Other
    $31,787
    Hours/week
    28 + 12 related

    Schedule J breakdown matched by us

    Base
    $367,795
    Bonus
    $111,000
    Other
    $1,242
    Deferred
    $23,040
    Nontaxable benefits
    $8,747
    Filer's total
    $511,824

  • WILLIAM BECKMANN

    SVP, CFO AS OF 12/22

    Total calculated
    $114,309
    From this org
    $107,644
    From related orgs
    $0
    Other
    $6,665
    Hours/week
    29 + 11 related

  • SCOTT HOEKMAN

    PRESIDENT, EHCI

    Total calculated
    $916,044
    From this org
    $862,758
    From related orgs
    $0
    Other
    $53,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $391,102
    Bonus
    $469,063
    Other
    $2,593
    Deferred
    $23,040
    Nontaxable benefits
    $30,246
    Filer's total
    $916,044

  • BRYAN HOLLANDER

    VP, ACQUISITIONS

    Total calculated
    $738,913
    From this org
    $690,939
    From related orgs
    $0
    Other
    $47,974
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,456
    Bonus
    $495,792
    Other
    $691
    Deferred
    $23,040
    Nontaxable benefits
    $24,934
    Filer's total
    $738,913

  • KARI DOWNES

    EVP, CHIEF OPERATING OFFICER

    Total calculated
    $864,342
    From this org
    $814,160
    From related orgs
    $0
    Other
    $50,182
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $341,558
    Bonus
    $340,000
    Other
    $132,602
    Deferred
    $23,040
    Nontaxable benefits
    $27,142
    Filer's total
    $864,342

  • PHILIP PORTER

    VP, ACQUISITIONS

    Total calculated
    $1,604,963
    From this org
    $1,552,781
    From related orgs
    $0
    Other
    $52,182
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,689
    Bonus
    $1,289,542
    Other
    $23,550
    Deferred
    $23,040
    Nontaxable benefits
    $29,142
    Filer's total
    $1,604,963

  • REAGAN MAECHLING

    VP , ACQUISITIONS

    Total calculated
    $631,008
    From this org
    $574,761
    From related orgs
    $0
    Other
    $56,247
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,898
    Bonus
    $380,078
    Other
    $785
    Deferred
    $23,040
    Nontaxable benefits
    $33,207
    Filer's total
    $631,008

  • THOMAS EASTMAN

    VP ACQUISITIONS - EHCI

    Total calculated
    $664,829
    From this org
    $621,335
    From related orgs
    $0
    Other
    $43,494
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,746
    Bonus
    $383,346
    Other
    $23,243
    Deferred
    $23,040
    Nontaxable benefits
    $20,454
    Filer's total
    $664,829

  • CHARLES WERHANE

    FORMER PRESIDENT & CEO AS OF 1/1/22

    Total calculated
    $1,701,336
    From this org
    $1,684,582
    From related orgs
    $0
    Other
    $16,754
    Hours/week
    0 + 3 related

    Schedule J breakdown matched by us

    Base
    $271,790
    Bonus
    $544,772
    Other
    $868,020
    Deferred
    $14,875
    Nontaxable benefits
    $1,879
    Filer's total
    $1,701,336

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4c · Equity-based compensation arrangement
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINES 4A-B
PART I, LINE 4A: CHARLES WERHANE RECEIVED A SEVERANCE PAYMENT OF $552,772. PART I, LINE 4B: RETIREMENT AND OTHER DEFERRED COMPENSATION FOR MS. ALMODOVAR INCLUDES $100,000 RELATED TO A $600,000 THREE-YEAR CLIFF VEST CASH BONUS THAT WAS INCLUDED IN MS. ALMODOVAR'S OFFER LETTER UPON JOINING ENTERPRISE, AND WAS PAID ON THE THIRD ANNIVERSARY OF HER START DATE IN SEPTEMBER 2022.
PART I, LINE 5 AND 6:
PRODUCTION STAFF RECEIVE COMPENSATION BASED ON JOB PERFORMANCE AND THE AMOUNT OF ACQUISITION FEES GENERATED ON THE ACQUISITION OF LP INTERESTS IN PARTNERSHIPS THAT INVEST IN AFFORDABLE PROPERTIES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
23 October 2023
IRS schema version
2022v5.0
Source object
202342989349300604

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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