Enterprise Community Partners, Inc.

Home and community are steppingstones to more

aka Enterprise   |   Columbia, MD   |  www.enterprisecommunity.org

Mission

To make home and community places of pride, power and belonging, and platforms for resilience and upward mobility for all.

Notes from the nonprofit

Learn more about Enterprise and the work we are doing on our website, at https://www.enterprisecommunity.org.

Ruling year info

1981

Chief Executive Officer

Ms. Priscilla Almodovar

President

Ms. Jacqueline Waggoner

Main address

70 Corporate Center 11000 Broken Land Parkway, Suite 700

Columbia, MD 21044 USA

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Formerly known as

The Enterprise Foundation

The Rouse Company

EIN

52-1231931

NTEE code info

Community, Neighborhood Development, Improvement (S20)

Management & Technical Assistance (L02)

Management & Technical Assistance (P02)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

In so many neighborhoods across the country, people can’t afford a good place to call home. Against a backdrop of higher housing costs, lower wage growth and rising inequality, the need for affordable housing threatens the well-being of us all. AFFORDABLE HOMES ARE OUT OF REACH - Half of all Americans can’t afford to pay their rent. INCOME STAGNATION WIDENS THE GAP - Since 2001, rents have increased by 13% while renter incomes only rose 0.5%. INEQUITIES MAGNIFY RACIAL AND ECONOMIC DISPARITIES 80% of people at risk of eviction are people of color. COVID-19 INCREASES HOUSING INSECURITY 60+ million Americans have filed for unemployment.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Affordable Housing Production & Preservation

Enterprise works with partners across the United States to create affordable housing that’s connected to opportunity in thriving communities. Together, we identify, pilot and scale solutions designed to end housing insecurity for low-income people.

Our approach is innovative and comprehensive. We know that a healthy and stable home must be affordable -- as well as located in a community connected to good schools, jobs, transit and health care.

Population(s) Served
Economically disadvantaged people
Families

Our Building Resilient Futures initiative brings together three vital Enterprise programs that collectively work to help protect people, homes and communities:

Culture & Creativity: One of Enterprise’s newest programs, this initiative promotes art, creative placemaking and more to build vibrant communities where engaged residents thrive and local economies succeed.
Green Communities: For over 15 years, Green Communities has continued to break new ground by offering a framework and technical resources for healthy, environmentally sound affordable homes and communities.
Recovery & Rebuilding: Since the devastation of Hurricane Katrina, we have introduced important risk-mitigation resources to help vulnerable communities prepare for, recover and rebuild after natural disasters.

Population(s) Served
Economically disadvantaged people
Families
People of African descent
Multiracial people
People of Latin American descent

Enterprise Advisors raises up new ideas and strategies to cultivate more inclusive, equitable communities so that everyone in the community has a chance to live, grow and thrive.

A mission-based consultancy, to date we have worked with over 500 communities across the nation to create strategies, connect partners and leverage funding – building success from the ground up.

Population(s) Served

Design is a key element of successful affordable housing development. Our Design Leadership initiative provides tools, programs and research to support developers in mastering their design process, allowing them to drive positive resident and community outcomes, solve increasingly complex development challenges and control costs.

Our programs and tools to support developers include the Affordable Housing Design Leadership Institute (AHDLI), The Rose Fellowship, the Design Matters framework and toolkit, Policy Research and wide-ranging project case studies.

Population(s) Served
Economically disadvantaged people
Families

Enterprise helps rural communities respond to high rates of poverty by advocating for rental assistance and other funding programs, promoting development of safe, quality homes and advancing best practices in green building.

Enterprise works with tribal and community partners to create healthy, safe, green affordable housing and to increase opportunities for economic advancement for native people on reservations and in pueblos across the United States.

Enterprise also deploys public and private grant funds for preservation of reservation-based properties, increasing Native homeownership, developing permanent supportive housing projects and supporting development that leverages arts, culture and creativity to achieve social, economic, environmental, and health outcomes.

Population(s) Served
Migrant workers
Tribal and indigenous religious groups

The Enterprise Public Policy team works to safeguard, expand, analyze and improve programs that support housing affordability and neighborhoods of opportunity. The team works at the federal, state and local levels conducting research, advocating for affordable housing and providing public testimonies on the Hill.

- See more at: http://www.enterprisecommunity.org/policy-and-advocacy#sthash.cIKVa9U9.dpuf

Population(s) Served
Economically disadvantaged people
Families

Enterprise's programs have great impact across the U.S., as well as a deeper focus on communities in our key markets with offices and staff in:
- Chicago
- Denver
- Detroit
- Gulf Coast
- Mid-Atlantic
- New York
- Northern California
- Ohio
- Pacific Northwest
- Southeast
- Southern California

See more at: http://www.enterprisecommunity.org/where-we-work

Population(s) Served
Economically disadvantaged people
Families

Enterprise has identified five key housing outcomes that determine economic success, power and autonomy, and being valued in community – the three core principles that define mobility, according to the US Partnership on Mobility from Poverty. We frame these housing outcomes as the “housing bundle” because they are interconnected and must work together for housing to act as a pathway to upward mobility:

1. Housing stability
2. Housing quality
3. Housing affordability
4. Housing & neighborhood as a platform
5. Housing that builds assets & wealth

Population(s) Served

In January 2019, Enterprise launched a new national initiative, Health Begins with Home. Working with a broad group of partners and guided by data-driven insights, Health Begins with Home will put $250 million to work over five years to promote health as a top priority in the development and preservation of affordable homes and to elevate homes as an essential tool for improving resident and community health.

For both children and adults, the quality, affordability, stability and location of home are seen not just as important factors but as foundational to health and well-being.

Population(s) Served
Economically disadvantaged people
Economically disadvantaged people
Economically disadvantaged people

Where we work

Awards

Four Star Charity 2019

Charity Navigator

Four Star Charity 2020

Charity Navigator

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of low-income families housed in affordable, well-maintained units as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Enterprise Advisors: Consulting & Technical Assistance

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

To date, Enterprise has helped create 793,000 homes.

Dollars invested to further our mission: To create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities.

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Affordable Housing Production & Preservation

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

To date, Enterprise has invested $61 billion in affordable housing programs.

Number of jobs created and maintained

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Our investments contributed to the creation of over 28,000 new jobs in both 2015 and 2014, and in 2014 led to $1.29 billion in new income for U.S. workers.

Number of people in the area with access to affordable housing as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

Of this, 6,326 were extremely low-income

Number of housing units financed

This metric is no longer tracked.
Totals By Year
Related Program

Affordable Housing Production & Preservation

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

26,000 of these were for affordable units, 50,000 were for workforce/market rate.

Number of low-income units in market-rate neighborhood

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Affordable Housing Production & Preservation

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

To put good homes within reach so people can not only rent, but build futures and thrive. We've sharpened our focus on three strategic priorities (Increase Housing Supply, Advance Racial Equity, and Build Resilience and Upward Mobility) to strengthen our impact and drive systemic change. Anything less fails to meet the urgency of this moment.

1. We will create, preserve and improve 150,000 affordable homes.
2. We will improve the systems that manage how the public and private sectors deliver housing and services.
3. We will help link low-income families to good schools, jobs, transit and health care.
4. We will create and expand resources to support affordable housing and promote opportunity.
5. We will deliver the tools to address housing insecurity and in the process build a stronger, more sustainable Enterprise as the foundation.

As an intermediary, Enterprise is uniquely positioned to address housing from all angles, with capital solutions, programmatic work on the ground including building the capacity for our partners, and policy work that drives real change in the broader ecosystem.

Increase Housing Supply - Every day, we fight to put good homes within reach. We invest in and advocate for
the preservation and production of quality homes that people can afford.
Enterprise has pioneered new financial tools for socially-driven capital investment since 1986 when
we helped create the Low-Income Housing Tax Credit. We’re doubling down on our commitment
to preserving and building affordable homes through expansion and innovation in our in-house
Community Development Financial Institution (CDFI), tax credit, debt and equity products.

Advance Racial Equity - Dismantling the enduring legacy of systemic racism in housing – in policy, practice
and investment – has become central to the work we do.
To provide emergency Covid relief, we quickly directed millions to support organizations in
communities of color disproportionately affected by the pandemic. We continue to fight for fair
housing and equitable, inclusive communities. And our in-depth research examines the root causes
of racial inequity as we pivot to invest with greater intention and innovation to achieve the systemic
change we need in our country.

Build Resilience & Upward Mobility - We strengthen people and places to prepare for and recover from shocks to
ultimately promote stability, well-being and upward mobility.
Economic, climate and health shocks devastate communities. Together with our partners, we
are working to change the systems that have withheld opportunity, undermined self-agency and
promoted exclusion, particularly in low-wealth, communities of color. As we build an equitable
recovery from Covid, our work to build resilience and advance upward mobility – through income and wealth-building, power and dignity – are more important than ever.

Solutions
Our Solutions division operates nationwide with programmatic, policy, advisory and capacity-building
arms at the national, state and local level. In more than 800 communities and in collaboration with
thousands of partners in the nonprofit, public and for-profit sectors, we drive systems change to
benefit people and the places they call home.

Capital
Our Capital division invests and asset manages a range of tax credits and equity, operates a nonprofit
that is one of the country’s largest publicly rated CDFIs, and, through Bellwether Enterprise, provides
access to conventional mortgage products.

Communities
Our new Communities division operates the nation’s fifth-largest affordable housing nonprofit
developer, owner, operator and provider of resident services – serving 22,000 residents
across 13,000 homes.

In 2020 alone, Enterprise invested more than $8.5 billion in communities across the country, creating more than 86,000 affordable and workforce homes. Since 1982, Enterprise has invested $61 billion and created 793,000 homes. Each affordable home we have helped build or preserve represents a real person or family – and a platform to the opportunity for a more stable and rewarding life.

Financials

Enterprise Community Partners, Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Enterprise Community Partners, Inc.

Board of directors
as of 9/8/2021
SOURCE: Self-reported by organization
Board co-chair

Mr. J. Ronald Terwilliger

Enterprise Community Partners, Inc.


Board co-chair

Mr. Rick Lazio

Maria Barry

Enterprise Community Partners, Inc.

Rick Lazio

Enterprise Community Partners, Inc.

Jonathan Rose

Enterprise Community Partners, Inc.

Edward Norton

Enterprise Community Partners, Inc.

Dora Leong Gallo

Enterprise Community Partners, Inc.

Beth Myers

Enterprise Community Partners, Inc.

Barbara Poppe

Enterprise Community Partners, Inc.

Ronald Ratner

Enterprise Community Partners, Inc.

Megan Sandel

Enterprise Community Partners, Inc.

Roy Swan

Enterprise Community Partners, Inc.

Patrick McEnerney

Enterprise Community Partners, Inc.

J. Ronald Terwilliger

Enterprise Community Partners, Inc.

Renee Lewis Glover

Enterprise Community Partners, Inc.

Laura Bailey

Enterprise Community Partners, Inc.

Liz Blake

Enterprise Community Partners, Inc.

Ed Brady

Enterprise Community Partners, Inc.

Sharon Heck

Enterprise Community Partners, Inc.

David Leopold

Enterprise Community Partners, Inc.

Carmen Middleton

Enterprise Community Partners, Inc.

Terri North

Enterprise Community Partners, Inc.

Ron Porter

Enterprise Community Partners, Inc.

Phyllis Caldwell

Enterprise Community Partners, Inc.

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 11/23/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
Black/African American/African
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 03/04/2021

Policies and practices developed in partnership with Equity in the Center, a project that works to shift mindsets, practices, and systems within the social sector to increase racial equity. Learn more

Data
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.