FLORIDA COMMUNITY LOAN FUND

ORLANDO, FL | Orange County
Revitalization/Stabilization

Overview

FLORIDA COMMUNITY LOAN FUND
65-0545058
800 N MAGNOLIA AVE STE 106
ORLANDO, FL 32803
Orange County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • NMTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S31

S - Community Improvement, Capacity Building

Urban & Community Economic Development

Organizations that provide technical assistance, loans, loan guarantees or other forms of management support to help impoverished urban communities create local jobs, sustain local services and build healthier local economies.

IRS Activity Codes info
994
Uncoded
602
Gifts, grants, or loans to other organizations
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2019
$852,000
CDFI Financial Assistance
2018
$1,500,000
Healthy Food Financial Initiative Financial Assistance
2018
$700,000
CDFI Financial Assistance
New Market Tax Credit Recipient info
Most Recent NMTC Award info
2017

$45,000,000
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$12.3M
Revenue
$7.7M
Assets
$108.2M

IRS Business Master File Details info

As of November 2022 Update
Exempt Ruling Date info
1995-09
Deductibility Status info
Deductible
Last Tax Filing info
2021
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of January 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

Nonprofit Location

Physical Address info
800 N MAGNOLIA AVE STE 106
ORLANDO, FL 32803
Orange County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
36740
MSA/MD info
12
State info
095
County info
0188.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
36740 - Orlando-Kissimmee-Sanford, FL
Combined Statistical Area info
422 - Orlando-Lakeland-Deltona, FL
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 35.65%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0188.00 Orange County
Population
Total Population 4,676 1,409,949
Total Households 2,447 475,292
Income
Median Family Income (Census*) $142,647 $65,784
Median Family Income (2022 FFIEC est.) $80,100 N/A
Tract Income Percentage 201.55% N/A
Below Poverty Level 11.3% 13.9%
Unemployment Level 3.3% 5.7%
Housing
Total Housing Units 3,076 554,517
Total Owner-Occupied Units 15.2% 56.5%
Total Renter-Occupied Units 64.3% 43.5%
Total Vacant Units 20.4% 15.1%
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

10
Total Voting Members
in Governing Body
info
10
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Ignacio Esteban
Chief Executive Officer
(407) 246-0846
Principal Officer info
Ignacio Esteban
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.