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Filing year 2023

COMMUNITY LENDING PARTNERS OF NEW JERSEY INC

New Brunswick, New Jersey·EIN 03-0472940·NTEE L122 · Housing & Shelter·501(c)(3)
Total revenue
$1.4M
Total assets
$24.3M
Total expenses
$1M
Reported officers
16
Mission

TO SUPPORT THE PUBLIC PURPOSES AND ACTIVITIES OF COMMUNITY LOAN FUND OF NEW JERSEY ("CLFNJ"), INC. THIS INCLUDES, BUT IS NOT LIMITED TO, PROVIDING FINANCING TO COMMUNITY DEVELOPMENT PROJECTS. FOR MORE INFORMATION, SEE SCHEDULE O. TO SUPPORT THE PUBLIC PURPOSES AND ACTIVITIES OF COMMUNITY LOAN FUND OF NEW JERSEY ("CLFNJ"), INC. THIS INCLUDES, BUT IS NOT LIMITED TO, PROVIDING FINANCING TO COMMUNITY DEVELOPMENT PROJECTS, INCLUDING THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING, AND EXPANDING THE CAPITAL AVAILABLE FOR COMMUNITY AND ECONOMIC DEVELOPMENT INITIATIVES THROUGHOUT NEW JERSEY.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Gen Counsel & Chief Comp Off
Officer (Unspecified)
$58k
$65k
President and CEO
25th percentile to medianvs Housing & Shelter peers in New Jersey
$39k
$43k
Controller
10th to 25th percentile
$17k
$19k
Managing Director, Business Infrastructure
Key Employee
Below 10th percentile
$7k
$8k
Managing Director, Lending
Key Employee
Below 10th percentile
$7k
$7k
Chief Financial Officer
Below 10th percentilevs Housing & Shelter peers in New Jersey
$956
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at COMMUNITY LENDING PARTNERS OF NEW JERSEY INC equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
6%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 32%
from 2022

From $44k in 2022 to $58k in 2023.

$44k
2022
$58k
2023
In today's dollarsEst.
Up 28% in real terms$51k to $65k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 59% from 2022 to 2023, while revenue rose 30%.

$24k in 2022 to $39k in 2023.
  • Controller pay fell 58% from 2022 to 2023.
  • Key Employee pay fell 84% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about COMMUNITY LENDING PARTNERS OF NEW JERSEY INC

What does the Chief Executive Officer of COMMUNITY LENDING PARTNERS OF NEW JERSEY INC earn?

In 2023, the Chief Executive Officer of COMMUNITY LENDING PARTNERS OF NEW JERSEY INC received $38,513 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COMMUNITY LENDING PARTNERS OF NEW JERSEY INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New Jersey, the 2023 pay of the Chief Executive Officer at COMMUNITY LENDING PARTNERS OF NEW JERSEY INC falls between the 25th percentile and the median. In 2023, the highest total compensation at COMMUNITY LENDING PARTNERS OF NEW JERSEY INC equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are COMMUNITY LENDING PARTNERS OF NEW JERSEY INC's revenue and expenses?

In 2023, COMMUNITY LENDING PARTNERS OF NEW JERSEY INC reported $1.4M in total revenue and $1M in total expenses on its IRS Form 990.

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