COMMUNITY LENDINGWORKS

EIN: 453812405 501(c)(3) Community Improvement

SPRINGFIELD, OR

Total Revenue
$723,395
Total Expenses
$1,301,464
Total Assets
$10,729,568
Net Assets
$5,269,329
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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
2011
Legal Domicile
OR
Principal Officer
EMILY REIMAN
Phone
5413457106
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY LENDINGWORKS, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $723K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 80% operating deficit.

Mission

COMMUNITY LENDINGWORKS IS A DEVNW AFFILIATE NONPROFIT CORPORATION THAT HELPS PEOPLE MOVE OUT OF POVERTY AND INTO THE FINANCIAL MAINSTREAM. WE DO THIS BY DEVELOPING CUSTOMIZED FINANCIAL TOOLS TO HELP PEOPLE WORK THEIR WAY TOWARD FINANCIAL STABILITY, AND BY FINANCING COMMUNITY AND ECONOMIC DEVELOPMENT, HEALTHY FOOD ACCESS, AND REAL ESTATE PROJECTS IN DISTRESSED NEIGHBORHOODS. OUR PRIMARY AIM IS TO SERVE INDIVIDUALS AND FAMILIES WHO LACK THE FINANCIAL ACUMEN AND RESOURCES TO BUILD THE ASSETS THEY NEED IN ORDER TO BREAK THEIR CYCLE OF POVERTY FOR THEMSELVES AND THEIR CHILDREN.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $141,500
Program Service Revenue $593,751
Investment Income $0
Other Revenue $-11,856
TOTAL REVENUE $723,395

Expense Breakdown

Grants Paid $0
Salaries & Benefits $497,230
Fundraising Expenses $0
Program Expenses $1,091,356
Other Expenses $804,234
TOTAL EXPENSES $1,301,464

Year-over-Year Comparison

2023 2022 Change
Revenue $723,395 $2,313,281 -0.7%
Expenses $1,301,464 $1,542,879 -0.2%
Net Income $-578,069 $770,402 -1.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
17

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
5
$293,671
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY REIMAN CEO 8.00
Officer
$0 $15,925 $162,524
CORINNE CARMODY- RILEY CFO 8.00
Officer
$0 $14,754 $131,147
LYNN MEYER DIR. OF LEND 40.00
Highest
$0 $17,497 $120,733
JIN PLUMMER CHAIR 1.00
Officer Director
$0 $0 $0
TROY REICHENBERGER TREASURER 1.00
Officer Director
$0 $0 $0
LARRY ABEL SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID HILL DIRECTOR 1.00
Director
$0 $0 $0
SPENCER MCCOY DIRECTOR 1.00
Director
$0 $0 $0
CARRIE COPELAND DIRECTOR 1.00
Director
$0 $0 $0
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 No data No data No data No data
2023 $723,395 $1,301,464 $10,729,568 $-578,069
2018 $1,110,605 $870,182 $3,696,251 $240,423
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