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Thursday, December 17, 2009, 7:44PM ET - U.S. Markets Closed. Dow Down 1.27% Nasdaq Down 1.22%
Eastern Light Capital, Incorporated (ELC)On Dec 11: 4.02   0.00 (0.00%)  
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Eastern Light Capital, Incorporated
100 Pine Street
Suite 2450
San Francisco, CA 94111
United States - Map
Phone: 415-693-9500
Fax: 415-693-9501
Web Site: http://www.caitreit.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Mortgage Investment
Full Time Employees:3

BUSINESS SUMMARY 
Eastern Light Capital, Incorporated, a real estate investment trust (REIT), operates as a specialty mortgage finance company in the United States. Its mortgage investment business invests in non-conforming residential mortgage loans. The company’s mortgage banking business engages in the origination, purchase, and sale of conforming and non-conforming mortgage loans secured by first liens and junior liens on one-to-four single family residential properties. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Capital Alliance Income Trust, Ltd and changed its name to Eastern Light Capital, Incorporated in July 2008. Eastern Light Capital was founded in 1995 and is based in San Francisco, California.
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    CORPORATE GOVERNANCE 
    Eastern Light Capital, Incorporated's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 70.6% of CGQ Universe companies and 36.6% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Richard J. Wrensen C.P.A., 53
    Chairman, Chief Exec. Officer, Pres, Chief Financial Officer and Member of Exec. Committee
    $ 180.00KN/A
    Mr. Gregory Bronshvag , 40
    VP of Operations and Corp. Sec.
    $ 77.00KN/A
    Mr. Andrea Barney , 35
    Principal Accounting Officer and Controller
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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