Home Breadcrumb | Financials | Financial Position

Financial Position

Overview

With the support of our partners, Enterprise's continued financial strength allows us to invest in affordable and workforce housing across the country, providing low-income families access to a stable platform and new opportunities in healthy communities.

WE ARE ENTERPRISE. Our family includes Enterprise Community Partners, Inc, a national Section 501(c)(3) charitable organization that provides expertise for affordable housing and sustainable communities. Debt and equity financing for affordable housing is offered through our tax-exempt subsidiaries, Enterprise Community Loan Fund, Inc. and Enterprise Community Investment, Inc. Housing development and asset management services are offered through for-profit members of our family of companies, Enterprise Homes, Inc. and Enterprise Community Asset Management, Inc. Multifamily and commercial real estate financing is offered through Bellwether Enterprise Real Estate Capital, LLC. The content on this report reflects information about all of these entities. Learn more about our structure.

We use “Enterprise” throughout this report to refer to the work of our collective entities, which share the same mission of creating quality, affordable homes in diverse, thriving communities.

All informational references in this report will be provided upon request.

Assets
(in thousands)

  • 2013
  • 2012
  • $74,087 / $63,095

    Cash, cash equivalents and investments

  • $74,504 / $72,393

    Restricted cash, cash equivalents and investments

  • $13,311 / $6,871

    Contributions receivable, net

  • $60,196 / $84,365

    Fees, bridge loans, contracts and notes receivable, net

  • $111,014 / $108,227

    Loans receivable, net

  • $15,836 / $38,223

    Mortgage loans held for sale

  • $5,064 / $6,563

    Real estate held for resale

  • $4,465 / $4,995

    Investment in operating properties, net

  • $70,501 / $84,732

    Investments in other affiliates

  • $16,060 / $14,527

    Office equipment and improvements, net

  • $11,831 / $11,378

    Deferred income taxes

  • $25,861 / $26,460

    Mortgage servicing rights, net

  • $14,492 / $14,524

    Other assets

Total Assets
$497,222 / $536,353

Liabilities
(in thousands)

  • 2013
  • 2012
  • $35,124 / $33,870

    Accounts payable and accrued expenses

  • $51,406 / $74,619

    Capital contributions payable

  • $6,999 / $8,419

    Funds held for others

  • $149,857 / $180,408

    Indebtedness

  • $5,182 / $5,174

    Losses in excess of partnership interests

  • $45 / $63

    Mortgage servicing obligations, net

  • $33,942 / $35,727

    Deferred revenue and other liabilities

Total Liabilities
$282,555 / $338,280

Net Assets
(in thousands)

  • 2013
  • 2012
  • $145,195 / $136,167

    Unrestricted, controlling

  • $12,975 / $13,683

    Unrestricted, noncontrolling

  • $56,497 / $48,223

    Temporarily restricted

Total Net Assets
$214,667 / $198,073
Total Liabilities & Net Assets
$497,222 / $536,353