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New York · Public charity

Community Loan Fund of the Capital Region Inc

Community development financial institution that links socially concerned investors with community needs by making affordable housing, community and economic development loans to nonprofit orgs, small businesses and low/moderate income persons.

$1.6M
Granted FY2024(still arriving)
4
Grants FY2024
7
Organizations funded FY2023
57%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$533,334
Largest grant, FY2024
$600,000
Organizations funded a year
1 to 20
FY2020 to FY2023
States reached, FY2024
1
Total assets, FY2024
$25M

How open it is to new grantees

In FY2023, 57% of the organizations Community Loan Fund of the Capital Region Inc funded were first-time grantees, receiving 75% of its grant dollars.

New vs renewed · share of each year

In FY2023, 25% of grant dollars renewed an existing relationship; $964k went to new ones.

50%100%’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’22’23
Housing & ShelterCommunity ImprovementEnvironmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving4$1.6M50%
FY20237$1.3M57%
FY20221$479k100%
FY202020$447kn/a
94% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Housing & Shelter$2.5MCommunity Improvement$1.0MPublic Safety & Disaster$114kHuman Services$18kFood & Nutrition$7kHealth$5kOther$0

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Affordable Housing Partnership of the Capital Region Inc$1,258,906261%
Albany Center for Economic Success Inc$692,085280%
Albany Community Land Trust$524,151324%
City of Schenectady$191,0001n/a
Better Community Neighborhoods Inc$95,85921%
Adirondack Land Trust Inc$40,00011%
Jafjr Construction Services LLC$28,0001n/a
Anderson Construction Corporation$20,0001n/a
Karen Maxwell Dba Kema's Kreations$20,0001n/a
B Lodge Co Inc$20,0001n/a
Show all 22 grantees
All grantees of Community Loan Fund of the Capital Region Inc by total granted
GranteeTotal grantedYearsShare of their budget
Affordable Housing Partnership of the Capital Region Inc$1,258,906261%
Albany Center for Economic Success Inc$692,085280%
Albany Community Land Trust$524,151324%
City of Schenectady$191,0001n/a
Better Community Neighborhoods Inc$95,85921%
Adirondack Land Trust Inc$40,00011%
Jafjr Construction Services LLC$28,0001n/a
Anderson Construction Corporation$20,0001n/a
Karen Maxwell Dba Kema's Kreations$20,0001n/a
B Lodge Co Inc$20,0001n/a
Rewire Group LLC$10,6001n/a
Rosetta Corporation$10,0001n/a
Adirondack Chamois Inc$10,0001n/a
Myers Dance Studio Inc$10,0001n/a
Spinning Yarn Tales LLC$10,0001n/a
Active Well Family Chiropractic$10,0001n/a
Shree Ganesh Salons LLC$8,0001n/a
Kids Closet Consignment Boutique$7,5001n/a
Amelia's Italian Eatery$7,2001n/a
Robinson Contracting Construction$6,0001n/a
Happy Electric Inc$6,0001n/a
Exit Bar and Lounge$5,2001n/a

Plus 5 recipients with no EIN on record ($821k), not named here.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Community Foundation for the Greater Capital Region IncNY13.3× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Community Foundation for the Greater Capital Region Inc · Donor Advised Charitable Giving Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Community Loan Fund of the Capital Region Inc with peer funders

About Community Loan Fund of the Capital Region Inc

How much does Community Loan Fund of the Capital Region Inc give?
Community Loan Fund of the Capital Region Inc reported 4 grants totaling $1,595,161 in its FY2024 IRS filing. It funded between 1 and 20 organizations a year over FY2020 to FY2023.
What does Community Loan Fund of the Capital Region Inc fund?
By grant dollars over FY2020 to FY2024, its largest causes are Housing & Shelter (66%), Community Improvement (27%), Public Safety & Disaster (3%).
Who are Community Loan Fund of the Capital Region Inc's largest grantees?
By total granted over FY2020 to FY2024: Affordable Housing Partnership of the Capital Region Inc ($1.3M), Albany Center for Economic Success Inc ($692k), Albany Community Land Trust ($524k).
Does Community Loan Fund of the Capital Region Inc fund new organizations?
In FY2023, 57% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Community Loan Fund of the Capital Region Inc?
Its strongest co-funders, measured against what their size predicts, include The Community Foundation for the Greater Capital Region Inc, Donor Advised Charitable Giving Inc.
Where is Community Loan Fund of the Capital Region Inc based?
Community Loan Fund of the Capital Region Inc is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 27 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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