Civic Intelligence

Pennsylvania Microenterprise Coalition

990 • Fiscal year 2021 • EIN 23-2920364

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

Organization ProfileWWW.PACDFINETWORK.ORG
400 Market StreetPhiladelphia, PA 19106

(717) 725-6356

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.26x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

2nd percentile

0.00x

Higher debt load relative to revenue than 2% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

23rd percentile

0.3%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

3rd percentile

$0

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets46th percentile

Assets

$1,079,677

No earlier filing loaded for comparison.

Net Assets

$797,254

No earlier filing loaded for comparison.

Liabilities

$282,423

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue2nd percentileNet Margin23rd percentile

Revenue

$287,126,675

No earlier filing loaded for comparison.

Expenses

$286,344,995

No earlier filing loaded for comparison.

Net Income

$781,680

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2021: $1,079,677Liabilities 2021: $282,423Net Assets 2021: $797,2542021Assets 2022: $12,721,223Liabilities 2022: $11,837,784Net Assets 2022: $883,4392022Assets 2023: $1,280,928Liabilities 2023: $320,997Net Assets 2023: $959,9312023Assets 2024: $4,170,892Liabilities 2024: $2,642,929Net Assets 2024: $1,527,9632024

Highlighted filing

2021

Assets$1,079,677
Liabilities$282,423
Net Assets$797,254
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0Revenue 2021: $287,126,675Expenses 2021: $286,344,995Net Income 2021: $781,6802021Revenue 2022: $13,231,920Expenses 2022: $13,145,735Net Income 2022: $86,1852022Revenue 2023: $17,412,624Expenses 2023: $17,336,132Net Income 2023: $76,4922023Revenue 2024: $18,368,769Expenses 2024: $17,800,737Net Income 2024: $568,0322024

Highlighted filing

2021

Revenue$287,126,675
Expenses$286,344,995
Net Income$781,680
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.0
Gross Receipts
$287,126,675
Mission and Program Overview

Mission

The pa cdfi network is organized exclusively for charitable and educational purposes of providing information, advice and necessary financial assistance to federally-certified (continued on schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$15,574$1,079,293▲ $1,063,719
Prepaid Expenses and Deferred Charges-$384-
Total Assets$15,574$1,079,677▲ $1,064,103
Liabilities
Accounts Payable and Accrued Expenses-$240,423-
Deferred Revenue-$42,000-
Total Liabilities$0$282,423▲ $282,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,574$797,254▲ $781,680
Total Net Assets Fund Balance$15,574$797,254▲ $781,680
Total Liabilities and Net Assets / Fund Balance$15,574$1,079,677▲ $1,064,103
Compensation and Service Providers
Top Officer Pay3rd percentile

Board Members and Trustees

NameTitle
Daniel BetancourtChair
Chris HudockAssistant Se
Varsovia Fernandez Effective 21-22Executive Di
James BurnettFirst Vice C
Lynne CutlerSecond Vice
Mark MastersonSecretary
Leslie BenolielTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$287,109,761
Program Service Revenue
$0
Investment Income
$16,914
Other Revenue
$0
All Other Contributions
$24,648
Change in Net Assets
$781,680

Audited Revenue Reconciliation

Revenue per Audited Statements
$287,126,675
Total Revenue per Audited Statements
$287,126,675
Total Revenue per Form 990
$287,126,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$274,011,146
Other Expenses$12,333,849
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$249,011,146--$249,011,146
Grants to Domestic Orgs$25,000,000--$25,000,000
Fees for Services Other$6,094,370$14,225-$6,108,595
Insurance$28,327--$28,327
Fees for Services Accounting-$25,265-$25,265
Fees for Services Legal-$18,510-$18,510
Other Expenses$5,506--$5,506
Total Functional Expenses$286,286,995$58,000$0$286,344,995

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$286,344,995
Total Expenses per Audited Statements$286,344,995
Total Expenses per Form 990$286,344,995
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridgeway Capital IncPittsburgh, PA501c3Loan and Debt Relief$4,278,992
Community First FundLancaster, PA501c3Loan and Debt Relief$4,278,992
Reinvestment FundPhiladelphia, PA501c3Loan and Debt Relief$4,278,992
United Bank of PhiladelphiaPhiladelphia, PA501c3Loan and Debt Relief$3,410,996
The Progress FundGreensburg, PA501c3Loan and Debt Relief$2,906,090
Pidc Community CapitalPhiladelphia, PA501c3Loan and Debt Relief$2,464,821
Northside Community DevelopmentPittsburgh, PA501c3Loan and Debt Relief$846,421
Neighborhood Progress FundPhiladelphia, PA501c3Loan and Debt Relief$553,632
MetroactionScranton, PA501c3Loan and Debt Relief$488,680
Rising Tide Community Loan FundBethlehem, PA501c3Loan and Debt Relief$438,384
The Enterprise Center Capital CorpPhiladelphia, PA501c3Loan and Debt Relief$373,883
WOMEN'S OPPORTUNITIES RESOURCE CENTPhiladelphia, PA501c3Loan and Debt Relief$176,486
Impact Loan FundPhiladelphia, PA501c3Loan and Debt Relief$147,055
Vestedin (prior Wpfsi)Philadelphia, PA501c3Loan and Debt Relief$122,796
Entrepreneur WorksPhiladelphia, PA501c3Loan and Debt Relief$79,236
Beech Capital Venture CorporationPhiladephia, PA501c3Loan and Debt Relief$77,506
Assets of LancasterLancaster, PA501c3Loan and Debt Relief$77,038
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Pennsylvania Cdfi Network
EIN
23-2920364
Address
400 MARKET STREET, PHILADELPHIA, PA 19106

Signing Officer

Name
Varsovia Fernandez Effective 21-22
Title
Executive Director
Phone
7177256356
Signed
2022-05-13

Organization Details

Principal Officer
Leslie Benoliel
Formed
1997
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
17

Preparer

Firm
Zelenkofske Axelrod LLC
Address
210 TOLLGATE HILL ROAD, GREENSBURG, PA 15601
Preparer
Jared C Ewing
Phone
7248342151
Supplemental Narrative

Additional Explanations

Form 990

“Part i and part iii organization's mission - continued: community development financial institutions (cdfis), small businesses, microenterprises and to educate the public as to the benefits of cdfis and microenterprises.”

Form 990, Part III

“Line 4a - continued: the network effectively designed and administered this state-wide program the largest of its kind, becoming a model for other states. It successfully conducted outreach and marketing to ensure that small, vulnerable and disadvantaged businesses had access to critical emergency funding.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The internal revenue service has determined the pa cdfi network to be exempt from federal income taxes under section 501(c) (3) of the internal revenue code and further is classified as an organization which is not a private foundation. Further, the network annually files a form 990 as applicable. The form filed is subject to examination by the internal revenue service generally for three years after it is filed. Management asserts that they have no uncertain tax positions requiring establishment of a liability or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 473 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0240423
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PA CDFI NETWORK IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES OF PROVIDING INFORMATION, ADVICE AND NECESSARY FINANCIAL ASSISTANCE TO FEDERALLY-CERTIFIED (CONTINUED ON SCHEDULE O)
IRS990/AllOtherContributionsAmt024648
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0VARSOVIA FERNANDEZ
IRS990/BooksInCareOfDetail/PhoneNum07177256356
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0400 MARKET STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019106
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0287109761
IRS990/CYGrantsAndSimilarPaidAmt0274011146
IRS990/CYInvestmentIncomeAmt016914
IRS990/CYOtherExpensesAmt012333849
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0781680
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0286344995
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0287126675
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt042000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0IN 2020, THE NETWORK WAS CHARGED BY THE PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT (DCED), AND LACKAWANA, PHILADELPHIA AND ALLEGHENY COUNTIES TO DISTRIBUTE APPROXIMATELY 249M IN CARES ACT FUNDING TO SMALL BUSINESSES ACROSS THE STATE (SEE FULL PROGRAM REPORT HERE.) THROUGH THIS EFFORT 14,530 SMALL BUSINESSES RECEIVED RECOVERY GRANTS, WITH 57% OF THE FUNDING RECEIVED BY BUSINESSES OWNED BY PEOPLE OF COLOR (PARTICULARLY BLACK, HISPANIC AND ASIAN BUSINESSES) AND 80% DISTRIBUTED AMONG LOW-AND-MODERATE-INCOME BUSINESS OWNERS. ADDITIONALLY, THE PA CDFI NETWORK DISTRIBUTED 25 MILLION IN GRANTS TO CDFIS AND 5.7 MILLION TO BLACK-OWNED MINORITY VENDORS HELPING DELIVER PROGRAMS. (CONTINUED ON SCHEDULE O)
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0286286995
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025265
IRS990/FeesForServicesAccountingGrp/TotalAmt025265
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt018510
IRS990/FeesForServicesLegalGrp/TotalAmt018510
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt014225
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06094370
IRS990/FeesForServicesOtherGrp/TotalAmt06108595
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0LESLIE BENOLIEL
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL BETANCOURT
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES BURNETT
IRS990/Form990PartVIISectionAGrp/PersonNm3LYNNE CUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS HUDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK MASTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm6VARSOVIA FERNANDEZ EFFECTIVE 21-22
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2FIRST VICE C
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECOND VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT SE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0287076113
IRS990/GrantAmt0274011146
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0249011146
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0249011146
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt025000000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt025000000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0287126675
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt028327
IRS990/InsuranceGrp/TotalAmt028327
IRS990/InvestmentIncomeGrp/ExclusionAmt016914
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016914
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt010186
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt09000
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PA CDFI NETWORK IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES OF PROVIDING INFORMATION, ADVICE AND NECESSARY FINANCIAL ASSISTANCE TO FEDERALLY-CERTIFIED (CONTINUED ON SCHEDULE O)
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt015574
IRS990/NetAssetsOrFundBalancesEOYAmt0797254
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt015574
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0797254
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CDFI ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt06147646
IRS990/OtherExpensesGrp/ProgramServicesAmt15506
IRS990/OtherExpensesGrp/TotalAmt06147646
IRS990/OtherExpensesGrp/TotalAmt15506
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0384
IRS990/PrincipalOfficerNm0LESLIE BENOLIEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0781680
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015574
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01079293
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0287109761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0287109761
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016914
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016914
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt0287109761
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0287109761
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0287109761
IRS990ScheduleA/TotalSupportAmt0287126675
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0286344995
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0287126675
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS DETERMINED THE PA CDFI NETWORK TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND FURTHER IS CLASSIFIED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. FURTHER, THE NETWORK ANNUALLY FILES A FORM 990 AS APPLICABLE. THE FORM FILED IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY FOR THREE YEARS AFTER IT IS FILED. MANAGEMENT ASSERTS THAT THEY HAVE NO UNCERTAIN TAX POSITIONS REQUIRING ESTABLISHMENT OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt0286344995
IRS990ScheduleD/TotalRevenuePerForm990Amt0287126675
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0287126675
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0286344995
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0249011146
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COVID RELIEF GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014530
IRS990ScheduleI/RecipientTable/CashGrantAmt077038
IRS990ScheduleI/RecipientTable/CashGrantAmt177506
IRS990ScheduleI/RecipientTable/CashGrantAmt24278992
IRS990ScheduleI/RecipientTable/CashGrantAmt34278992
IRS990ScheduleI/RecipientTable/CashGrantAmt479236
IRS990ScheduleI/RecipientTable/CashGrantAmt5147055
IRS990ScheduleI/RecipientTable/CashGrantAmt6488680
IRS990ScheduleI/RecipientTable/CashGrantAmt7553632
IRS990ScheduleI/RecipientTable/CashGrantAmt8846421
IRS990ScheduleI/RecipientTable/CashGrantAmt92464821
IRS990ScheduleI/RecipientTable/CashGrantAmt104278992
IRS990ScheduleI/RecipientTable/CashGrantAmt11438384
IRS990ScheduleI/RecipientTable/CashGrantAmt12373883
IRS990ScheduleI/RecipientTable/CashGrantAmt132906090
IRS990ScheduleI/RecipientTable/CashGrantAmt143410996
IRS990ScheduleI/RecipientTable/CashGrantAmt15122796
IRS990ScheduleI/RecipientTable/CashGrantAmt16176486
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16LOAN AND DEBT RELIEF
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ASSETS OF LANCASTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BEECH CAPITAL VENTURE CORPORATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BRIDGEWAY CAPITAL INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COMMUNITY FIRST FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4ENTREPRENEUR WORKS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5IMPACT LOAN FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6METROACTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7NEIGHBORHOOD PROGRESS FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8NORTHSIDE COMMUNITY DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9PIDC COMMUNITY CAPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10REINVESTMENT FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11RISING TIDE COMMUNITY LOAN FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12THE ENTERPRISE CENTER CAPITAL CORP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13THE PROGRESS FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14UNITED BANK OF PHILADELPHIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15VESTEDIN (PRIOR WPFSI)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16WOMEN'S OPPORTUNITIES RESOURCE CENT
IRS990ScheduleI/RecipientTable/RecipientEIN0232827808
IRS990ScheduleI/RecipientTable/RecipientEIN1233100744
IRS990ScheduleI/RecipientTable/RecipientEIN2251635121
IRS990ScheduleI/RecipientTable/RecipientEIN3232689714
IRS990ScheduleI/RecipientTable/RecipientEIN4232996139
IRS990ScheduleI/RecipientTable/RecipientEIN5233032463
IRS990ScheduleI/RecipientTable/RecipientEIN6232038420
IRS990ScheduleI/RecipientTable/RecipientEIN7232850840
IRS990ScheduleI/RecipientTable/RecipientEIN8251855490
IRS990ScheduleI/RecipientTable/RecipientEIN9232889102
IRS990ScheduleI/RecipientTable/RecipientEIN10232331946
IRS990ScheduleI/RecipientTable/RecipientEIN11233079170
IRS990ScheduleI/RecipientTable/RecipientEIN12270022215
IRS990ScheduleI/RecipientTable/RecipientEIN13311598881
IRS990ScheduleI/RecipientTable/RecipientEIN14232641659
IRS990ScheduleI/RecipientTable/RecipientEIN15232855262
IRS990ScheduleI/RecipientTable/RecipientEIN16232741508
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0100 S QUEEN STSUITE 246
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11510 CECIL B MOORE AVENUE STE 302
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2707 GRANT STREET SUITE 1920
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt351 SOUTH DUKE STREET SUITE 400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4400 MARKET STREET STE 210
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51952 ALLEGHENY AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6222 MULBURRY STREET - PO BOX 431
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71300 W LEHIGH AVENUE STE 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt83923 PERRYVILLE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt91500 MARKET STREET 3500 CENTRE SQU
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt101700 MARKET STREET 19TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111337 EAST 5TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt124548 MARKET STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13425 W PITTSBURGH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1430 SOUTH 15TH STREET SUITE 1200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt153675 MARKET STREET SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt162010 CHESTNUT STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LANCASTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PHILADEPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PITTSBURGH
IRS990ScheduleI/RecipientTable/USAddress/CityNm3LANCASTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm4PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm5PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm6SCRANTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm7PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm8PITTSBURGH
IRS990ScheduleI/RecipientTable/USAddress/CityNm9PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm10PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm11BETHLEHEM
IRS990ScheduleI/RecipientTable/USAddress/CityNm12PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm13GREENSBURG
IRS990ScheduleI/RecipientTable/USAddress/CityNm14PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm15PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm16PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd13PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd14PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd15PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd16PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd017603
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd119121
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd215129
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd317602
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd419106
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd519134
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd6185010431
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd719132
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd815214
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd919102
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1019103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1118015
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1219139
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1315601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1419102
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1519104
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1619103
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART I AND PART III ORGANIZATION'S MISSION - CONTINUED: COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS), SMALL BUSINESSES, MICROENTERPRISES AND TO EDUCATE THE PUBLIC AS TO THE BENEFITS OF CDFIS AND MICROENTERPRISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 4A - CONTINUED: THE NETWORK EFFECTIVELY DESIGNED AND ADMINISTERED THIS STATE-WIDE PROGRAM THE LARGEST OF ITS KIND, BECOMING A MODEL FOR OTHER STATES. IT SUCCESSFULLY CONDUCTED OUTREACH AND MARKETING TO ENSURE THAT SMALL, VULNERABLE AND DISADVANTAGED BUSINESSES HAD ACCESS TO CRITICAL EMERGENCY FUNDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,079,677
Liabilities
$282,423
Net assets
$797,254
Revenue
$287,126,675
Expenses
$286,344,995
Net income
$781,680
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.17$2.64$1.53$18.4$17.8$0.57
2023Detailed filing. Detailed filing data is available for this year.$1.28$0.32$0.96$17.4$17.3$0.08
2022Detailed filing. Detailed filing data is available for this year.$12.7$11.8$0.88$13.2$13.1$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.08$0.28$0.80$287$286$0.78