2026-03-09T16:36:09-05:00 2025-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-07-01 521632468 BALTIMORE COMMUNITY LENDING INC BALT 4107278590 301 N CALVERT BALTIMORE MD 21202 WATCHEN HARRIS BRUCE PRESIDENT & CEO 4107278590 2026-03-09 1 1 MONIQUE BOOKER P00644231 4105840060 2024 2025-03-06 01:10:19Z WATCHEN HARRIS BRUCE 301 N CALVERT BALTIMORE MD 21202 8806982 0 X WWW.BCLENDING.ORG X 1989 MD THE MISSION OF BALTIMORE COMMUNITY LENDING IS TO SUPPORT REVITALIZATION AND STRENGTHENING OF UNDERSERVED BALTIMORE NEIGHBORHOODS THROUGH INNOVATIVE AND FLEXIBLE FINANCIAL ASSISTANCE DESIGNED TO FOSTER COMMUNITY DEVELOPMENT. 10 9 21 9 0 0 4080232 6234648 2133184 2415378 178351 156956 2814 -2385 6394581 8804597 69750 1853500 0 0 2206153 2393438 0 0 240378 2972298 5778050 5248201 10024988 1146380 -1220391 40362956 44380351 22091376 27416364 18271580 16963987 THE MISSION OF BALTIMORE COMMUNITY LENDING IS SUPPORTING THE REVITALIZATION AND STRENGTHENING OF UNDERSERVED COMMUNITIES IN THE GREATER BALTIMORE REGION THROUGH INNOVATIVE FINANCIAL SOLUTIONS AND COLLABORATIVE RESOURCES DESIGNED TO PROMOTE COMMUNITY DEVELOPMENT. 0 0 8125137 1853500 1639183 COMMUNITY DEVELOPMENT LOAN PORTFOLIO MANAGEMENT MAINTAIN, MANAGE AND SERVICE APPROXIMATELY 50 COMMUNITY DEVELOPMENT LOAN ASSETS TOTALING APPROXIMATELY $17 MILLION AND REPRESENTING IN EXCESS OF 400 AFFORDABLE HOUSING UNITS, COUNSEL AND ADVISE EXISTING BORROWERS CONCERNING LOAN COMPLIANCE BEST PRACTICES, AND ASSIST STRUGGLING BORROWERS TO IDENTIFY AVAILABLE REMEDIES IN THE EVENT OF PAYMENT AND/OR PERFORMANCE CHALLENGES. 125896 776195 THE SMALL BUSINESS DIVISION IS A SIX-YEAR-OLD SMALL BUSINESS LOAN INITIATIVE WHICH PROVIDES FINANCING FOR CREDIT WORTHY BUSINESSES THAT LACK EQUITY OR ARE NOT OTHERWISE ELIGIBLE FOR TRADITIONAL FINANCING. IT MAINTAINS , MANAGES AND SERVICES APPROXIMATELY 180 SMALL BUSINESS LOANS TOTALING APPROXIMATELY $13.9M FOR START-UP AND EXPANDING BUSINESSES. 8251033 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 15 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X SUSAN KELLY 4107278590 301 N CALVERT BALTIMORE MD 21202 WATCHEN HARRIS BRUCE PRESIDENT AND CEO 40.00 X X 199389 0 0 MICHAEL TAGG BOARD CHAIR 0.30 X 0 0 0 ALEX AARON BOARD VICE CHAIR 0.30 X 0 0 0 ANTONY GROSS TREASURER 0.30 X 0 0 0 LINDA HARRINGTON SECRETARY 0.30 X 0 0 0 ALICE KENNEDY BOARD MEMBER 0.30 X 0 0 0 GERARD JOAB BOARD MEMBER 0.30 X 0 0 0 JEFFREY C WILKE BOARD MEMBER 0.30 X 0 0 0 PAUL T GRAZIANO BOARD MEMBER 0.30 X 0 0 0 MICHAEL F ALLEN BOARD MEMBER 0.30 X 0 0 0 CLARENCE J SNUGGS CHIEF OPERATING OFFICER 40.00 X 145487 0 0 SEAN E L RUSSELL CHIEF LENDING OFFICER 40.00 X 125634 0 0 SUSAN E KELLY CHIEF FINANCIAL OFFICER 40.00 X 130654 0 0 BONNIE J CROCKETT DIRECTOR OF SMALL BUSINESS 40.00 X 112316 0 0 713480 0 0 5 0 1 0 0 9250 3529668 2695730 6234648 INTEREST INCOME ON NOT 900099 1959337 1959337 FEE INCOME AND OTHER 900099 456041 456041 2415378 156956 156956 0 2385 -2385 -2385 8804597 2415378 0 154571 1853500 1853500 205389 145702 39059 20628 1737044 1232252 330338 174454 304909 216301 57985 30623 146096 103640 27783 14673 83341 59172 24169 28551 20271 8280 275774 195800 79974 88058 62468 25590 83081 62869 20212 215022 152536 62486 113247 80337 32910 14696 10425 4271 23244 16489 6755 641967 641967 104082 73835 30247 88760 62966 25794 CAPITAL CONTRIBUTION 2336059 1658602 677457 BAD DEBT 1496540 1496540 BANK CHARGES 26531 18821 7710 DUES AND SUBSCRIPTIONS 25400 18019 7381 133697 68521 65176 10024988 8251033 1533577 240378 7720104 5033464 19428 6280749 374000 380154 26522913 29307465 154180 239667 1912846 550660 3901194 1362186 1671137 1776666 40362956 44380351 285224 268969 1084328 1256678 64035 91336 20657789 25799381 22091376 27416364 X 16301580 15558987 1970000 1405000 18271580 16963987 40362956 44380351 -1220391 128949 -216151 0 X X 0 0 1 1 1 X 2591533 3471236 2182396 4080232 6234648 18560045 1578235 1587538 2392998 2133184 2415378 10107333 4169768 5058774 4575394 6213416 8650026 28667378 0 0 0 28667378 5031 15967 81849 178351 156956 438154 5031 15967 81849 178351 156956 438154 2814 -2385 429 4174799 5074741 4657243 6394581 8804597 29105961 0.98490 0.98600 0.01510 0.01390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1912846 550660 1362186 1362186 X 8935931 128949 2385 131334 8804597 0 8804597 10027373 2385 2385 10024988 0 10024988 PART IV, LINE 2B: ESCROW FUNDS - THIS LIABILITY RELATES TO FUNDS HELD BY BCL AS AN ESCROW BALANCE FOR SINGLE FAMILY AND MULTI-FAMILY LOAN PROGRAM. PART X, LINE 2: BALTIMORE COMMUNITY LENDING, INC., CREO INC., AND BD&RC ARE EXEMPT FROM THE PAYMENT OF INCOME TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. BCL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2025, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2022 THROUGH 2025 REMAIN OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE STATE AND LOCAL JURISDICTION IN WHICH BCL FILES TAX RETURNS. IT IS BCL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 2,385. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 2,385. 1 A-1 ESCORT SERVICE LLC 1204 HOPETON RD WILMINGTON DE 19807 800389683 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE APPLECORE'S BAK SHOPPE LLC 10378 STANSFIELD RD LAUREL MD 20723 842811965 10000 0 OPERATIONS BEACON STEVEDORING 2021 S CLINTON ST BALTIMORE MD 21224 521219903 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE BETTY LEE'S CANDY DISH LLC 112 N EUTAW ST BALTIMORE MD 21202 900460325 10000 0 OPERATIONS BLUSH BEAUTY BAR INC 1214 EUTAW PLACE SUITE 2 BALTIMORE MD 21217 460744377 10000 0 OPERATIONS BRAINSTREAM MEDIA PRODUCTIONS LLC 1104 HARFORD AVE BALTIMORE MD 21202 862450952 10000 0 OPERATIONS COMMUNITY ASCENSION PARTNERS 1100 WICOMICO ST SUITE 112 BALTIMORE MD 21230 873123251 13500 0 OPERATIONS CUREATE PO BOX 96503 WASHINGTON DC 20090 471731150 500000 0 OPERATIONS FEM EQUITY LLC 8 MARKET PLACE SUITE 300 BALTIMORE MD 21202 920968143 10000 0 OPERATIONS FIRST CALL PEST SOLUTIONS LLC 4507 CHERRY WAY BALTIMORE MD 21229 844642925 10000 0 OPERATIONS GUILFORD BREWING LLC 1611 GUILFORD AVE BALTIMORE MD 21202 810824299 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE HAMMER HEAD TRUCKING LLC 2601 BAKER ST BALTIMORE MD 21216 161682385 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE HIS AND HER SWAG LLC 959 MORGAN RUN RD MIDDLE RIVER MD 21220 823004109 25000 0 OPERATIONS - KEY BRIDGE COLLAPSE IRON ROSE FENCING LLC 3 ROBERTS PATH SPARKSGLENCOE MD 21152 932311956 10000 0 OPERATIONS ITAS LLC 5935 GLEN WILLOW WAY ELLICOTT CITY MD 21043 825347498 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE JBRYE GROUP LLC 2657 ANNAPOLIS RD SUITE 391 HANOVER MD 21076 933270140 10000 0 OPERATIONS LIFESTYLE LLC 10451 MILL RUN CIRCLE OWINGS MILLS MD 21117 332468932 10000 0 OPERATIONS MFG TOFFEE AND BARK CO LLC 217 SOUTH HIGH ST BALTIMORE MD 21202 863320427 10000 0 OPERATIONS MOTION ATHLETICS LLC 201 E PRATT ST BALTIMORE MD 21202 921549747 10000 0 OPERATIONS - KEY BRIDGE COLLAPSE MUFFYN'S SPECIALIZED HEALTHCARE SERVICES 4 N EXETER ST BALTIMORE MD 21202 923587885 10000 0 OPERATIONS - KEY BRIDGE COLLAPSE PBI HOLDINGS LLC 1014 W 36ST ST UNIT 96 BALTIMORE MD 21211 863375660 130000 0 APPRAISAL GAP PIRAEUS INTERNATIONAL INC 3909 EASTERN AVE BALTIMORE MD 21224 521514249 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE PRIME CONSTRUCTION ENGINEERING LLC 305 W FAYETTE ST BALTIMORE MD 21201 934648701 10000 0 OPERATIONS PROJECT IOT LLC 11 LEXINGTON RD BEL AIR MD 21014 995019524 10000 0 OPERATIONS RESONATE BALTIMORE LLC 1713 AMSUKAI RD PARKVILLE MD 21234 993865152 10000 0 OPERATIONS REVVL LLC 20 S CHARLES ST SUITE 403 BALTIMORE MD 21201 991204182 10000 0 OPERATIONS RHB TRUCKING INC 320 S KRESSON ST BALTIMORE MD 21224 521772688 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE RISING STAR TRANSPORTATION INC 4015 KAITHLAND AVE BALTIMORE MD 21207 611682368 25000 0 OPERATIONS - KEY BRIDGE COLLAPSE RVN BOX LLC 710 S ANN ST 2ND FL BALTIMORE MD 21231 934420827 10000 0 OPERATIONS SOUTHEASTERN ROASTARY LLC 4401 EASTERN AVE SUITE 46-1C BALTIMORE MD 21224 820705896 10000 0 OPERATIONS STRUM CONTRACTING CO INC 3550 FAIRFIELD RD BALTIMORE MD 21226 521730568 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE STUDIO BEUTS 7905 HARFORD RD PARKVILLE MD 21234 883973189 10000 0 OPERATIONS SUNDAY MORNING COFFEE COMPANY LLC 8400 AMBER BEACON CIRCLE MILLERSVILLE MD 21108 872513000 10000 0 OPERATIONS T CUBED 845 E FORT AVE BALTIMORE MD 21230 522082798 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE THAI GLOBAL BEVERAGES LLC 1107 WILSO DR BALTIMORE MD 21223 814760783 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE THE RIGHT AMOUNT LLC 2407 PICKWICK RD BALTIMORE MD 21207 842290047 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE THERAPY FOR BLACK WOMEN LLC 1014 W 36TH ST BALTIMORE MD 21211 861893060 10000 0 OPERATIONS TOM CAT'S LLC 3800 MONTEREY RD BALTIMORE MD 21218 833965890 10000 0 OPERATIONS UNICORN AND WOODSMAN LLC 1700 W 41ST ST UNIT 475 BALTIMORE MD 21211 453119105 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE VINTAGE LOYALTY TRANSPORT AND TRUCKING INC 1509 E CHASE ST BALTIMORE MD 21213 992844315 10000 0 OPERATIONS WAVERLY BREWING CO LLC 1625 UNION AVE SUITE C BALTIMORE MD 21211 471393156 10000 0 OPERATIONS WESTPORT CEDC 841 E FORT AVE SUITE 266 BALTIMORE MD 21230 463203490 172000 0 APPRAISAL GAP WILD BAY LLC 4820 SETON DR SUITE L BALTIMORE MD 21215 465238009 50000 0 OPERATIONS - KEY BRIDGE COLLAPSE 43 X X X X 0 0 0 0 0 0 0 0 0 WATCHEN HARRIS BRUCE PRESIDENT AND CEO 193389 0 6000 0 0 0 0 0 0 0 199389 0 0 0 ALEX AARON BOARD VICE CHAIR MORTGAGE FOR RENTAL PROPERTY X 374000 380154 0 1 1 380154 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY MANAGEMENT AND THE AUDIT & FINANCE COMMITTEE. A COPY OF THE FINAL VERSION WAS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD EXECUTIVE COMMITTEE REVIEWS AND APPROVES ALL OFFICERS' COMPENSATION. COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS INDUSTRY PEER COMPENSATION IS CONSIDERED IN MAKING COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CREO INC 301 N CALVERT STREET BALTIMORE MD 21202 521817535 HOLDS TITLE TO REAL PROPERTY SECURING DEFAULTED LOANS FROM BCL. MD 501(C)(3) LINE 12B, II BALTIMORE COMMUNITY LENDING INC 1 BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC 301 N CALVERT STREET BALTIMORE MD 21202 922086375 OFFERS WRAP-AROUND BUSINESS SERVICES IN PARTNERSHIP, COLLABORATION, AND/OR S MD 501(C)(3) LINE 12B, II BALTIMORE COMMUNITY LENDING INC 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC D FMV