COMMUNITY LENDING PARTNERS OF NEW JERSEY INC (EIN 030472940) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

BERNEL HALL

Phone

7326402061

Tax Period

2023-10-01 to 2024-09-30

COMMUNITY LENDING PARTNERS OF NEW JERSEY INC, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $404K, a strong 28% operating margin.

Mission

PROVIDE FINANCING TO COMMUNITY DEVELOPMENT PROJECTS IN NJ. SEE SCHEDULE O. PROVIDE FINANCING TO COMMUNITY DEVELOPMENT PROJECTS IN NJ, INCLUDING THE DEVELOPMENT & PRESERVATION OF AFFORDABLE HOUSING, EXPANDING THE CAPITAL AVAILABLE FOR COMMUNITY & ECONOMIC DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,404,789

Investment Income $32,029

Other Revenue $0

TOTAL REVENUE $1,436,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,898

Fundraising Expenses $0

Program Expenses $1,017,993

Other Expenses $953,312

TOTAL EXPENSES $1,033,210

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,436,818	$1,103,829	+0.3%
Expenses	$1,033,210	$947,884	+0.1%
Net Income	$403,608	$155,945	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,273,379

Total Directors

Key Employees

$459,697

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG B GUNSELMAN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
PAUL ALEXANDER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LINWOOD L ROBBINS	TREASURER	1.00	Officer Director	$0	$0	$0
BRYAN LONG	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELLE E RICHARDSON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
EVAN WEISS	BOARD DIRECTOR	1.00	Director	$0	$0	$0
LYNEIR RICHARDSON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
SABRINA N CONYERS AS OF 124	BOARD DIRECTOR	1.00	Director	$0	$0	$0
MARIA VIZCARRONDO UNTIL 924	BOARD DIRECTOR	1.00	Director	$0	$0	$0
PILAR HOGAN CLOSKEY UNTIL 324	BOARD DIRECTOR	1.00	Director	$0	$0	$0
BERNEL HALL	PRESIDENT AND CEO	7.00	Officer	$0	$38,513	$522,367
JOHN D ALLEN IV	CHIEF FINANCIAL OFFICER	7.00	Officer	$0	$956	$213,651
MELINDA COLON-COX	GEN COUNSEL & CHIEF COMP OFF	7.00	Officer	$0	$57,869	$354,845
STEVEN KACZYNSKI	CONTROLLER	7.00	Officer	$0	$17,139	$182,516
LEAH APGAR UNTIL 224	MANAGING DIRECTOR, LENDING	10.00	Key Emp	$0	$6,624	$244,783
CARA PURCELL UNTIL 1223	MANAGING DIRECTOR, BUSINESS INFRASTRUCTURE	7.00	Key Emp	$0	$6,790	$214,914

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,436,818	$1,033,210	$24,320,117	$403,608
2023	$1,103,829	$947,884	$24,141,125	$155,945
2022	$1,102,696	$898,866	$21,863,687	$203,830
2021	$1,269,329	$885,719	$21,629,917	$383,610
2020	$1,340,642	$1,104,830	$23,677,207	$235,812
2019	$1,453,904	$1,223,393	$24,719,241	$230,511
2018	$987,398	$1,171,107	$20,164,971	$-183,709

COMMUNITY LENDING PARTNERS OF NEW JERSEY INC