Civic Intelligence

Lancaster Equity Inc.

990 • Fiscal year 2021 • EIN 23-2940322

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

Organization ProfileN/A
601 S Queen Street PO Box 599Lancaster, PA 17608

(717) 299-7301

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.26x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

1.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

78th percentile

35%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

30th percentile

1.2%

Faster asset growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-8.6%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$2,127,335

Up $25,292 (+1.2%) from 2020

Net Assets

Up

$1,580,105

Up $149,029 (+10%) from 2020

Liabilities

Down

$547,230

Down $123,737 (-18%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin78th percentile

Revenue

Down

$421,481

Down $39,512 (-8.6%) from 2020

Expenses

Up

$272,452

Up $108,403 (+66%) from 2020

Net Income

Down

$149,029

Down $147,915 (-50%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $765,296Liabilities 2010: $34,002Net Assets 2010: $731,2942010Assets 2011: $789,568Liabilities 2011: $40,010Net Assets 2011: $749,5582011Assets 2012: $857,604Liabilities 2012: $60,312Net Assets 2012: $797,2922012Assets 2013: $935,723Liabilities 2013: $49,839Net Assets 2013: $885,8842013Assets 2014: $955,059Liabilities 2014: $0Net Assets 2014: $955,0592014Assets 2015: $1,035,465Liabilities 2015: $2,565Net Assets 2015: $1,032,9002015Assets 2016: $1,113,436Liabilities 2016: $5,049Net Assets 2016: $1,108,3872016Assets 2017: $1,309,424Liabilities 2017: $244,020Net Assets 2017: $1,065,4042017Assets 2018: $1,370,123Liabilities 2018: $286,111Net Assets 2018: $1,084,0122018Assets 2019: $1,342,524Liabilities 2019: $208,392Net Assets 2019: $1,134,1322019Assets 2020: $2,102,043Liabilities 2020: $670,967Net Assets 2020: $1,431,0762020Assets 2021: $2,127,335Liabilities 2021: $547,230Net Assets 2021: $1,580,1052021Assets 2022: $1,919,380Liabilities 2022: $61,387Net Assets 2022: $1,857,9932022Assets 2023: $1,859,961Liabilities 2023: $23,414Net Assets 2023: $1,836,5472023Assets 2024: $1,854,299Liabilities 2024: $21,880Net Assets 2024: $1,832,4192024

Highlighted filing

2021

Assets$2,127,335
Liabilities$547,230
Net Assets$1,580,105
Open 2021 Filing

Operations Trend

Revenue Growth21st percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $2,812Expenses 2010: $44,178Net Income 2010: -$41,3662010Expenses 2011: $41,8632011Revenue 2012: $77,028Expenses 2012: $29,294Net Income 2012: $47,7342012Expenses 2013: $9,3292013Revenue 2014: $73,325Expenses 2014: $4,150Net Income 2014: $69,1752014Revenue 2015: $82,506Expenses 2015: $4,665Net Income 2015: $77,8412015Revenue 2016: $78,972Expenses 2016: $3,485Net Income 2016: $75,4872016Revenue 2017: $74,419Expenses 2017: $117,402Net Income 2017: -$42,9832017Revenue 2018: $112,915Expenses 2018: $94,307Net Income 2018: $18,6082018Revenue 2019: $185,047Expenses 2019: $134,927Net Income 2019: $50,1202019Revenue 2020: $460,993Expenses 2020: $164,049Net Income 2020: $296,9442020Revenue 2021: $421,481Expenses 2021: $272,452Net Income 2021: $149,0292021Revenue 2022: $335,907Expenses 2022: $58,019Net Income 2022: $277,8882022Revenue 2023: $122,939Expenses 2023: $144,385Net Income 2023: -$21,4462023Revenue 2024: $41,482Expenses 2024: $45,610Net Income 2024: -$4,1282024

Highlighted filing

2021

Revenue$421,481
Expenses$272,452
Net Income$149,029
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 1, 2022
Return Version
2020v4.2
Gross Receipts
$730,568
Mission and Program Overview

Mission

Lancaster equity coordinates efforts to advance communities where everyone has an opportunity to thrive, whether that be through neighborhood revitalization, living wage work, entrepreneurship, or safe and affordable housing.

To coordinate efforts to advance communities where everyone has an opportunity to thrive, whether that be through neighborhood revitalization, living wage work, entrepreneurship, or safe and affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,155,541$817,634▼ $337,907
Savings and Temporary Cash Investments$123,917$437,160▲ $313,243
Other Notes and Loans Receivable, Net$65,613$65,613→ $0
Accounts Receivable$20,823$35,572▲ $14,749
Intangible Assets$1,220$1,137▼ $83
Total Assets$2,102,043$2,127,335▲ $25,292
Other Assets Total$734,929$770,219▲ $35,290
Liabilities
Mortgage Notes Payable Secured by Investment Property$650,110$399,746▼ $250,364
Other Liabilities$20,857$135,659▲ $114,802
Accounts Payable and Accrued Expenses$0$11,825▲ $11,825
Total Liabilities$670,967$547,230▼ $123,737
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,386,871$1,580,105▲ $193,234
Net Assets With Donor Restrictions$44,205$0▼ $44,205
Total Net Assets Fund Balance$1,431,076$1,580,105▲ $149,029
Total Liabilities and Net Assets / Fund Balance$2,102,043$2,127,335▲ $25,292

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$698,004$45,774$743,778
Land$119,630-$119,630
Other Assets Org$770,219--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Michael MckennaPresident
Dana HanchinVice President (until 6/21)
Alice YoderBoard Member
Andrew SzalayBoard Member
Anna RamosBoard Member
Barbara WilsonBoard Member
Christian MoretaBoard Member
Jennifer KoppelBoard Member
Jugens LaguerreBoard Member
Lydia WalkerBoard Member
Marshall SnivelyBoard Member
Vanessa PhilbertBoard Member
Vasthi LaguerreBoard Member
Jose LopezBoard Member (beg. 10/20)
Tina CampbellBoard Member (beg. 10/20)
Edwin Martinez-felicianBoard Member (until 12/20)
Juan AlvisBoard Member (until 12/20)
Shelby NaumanBoard Member (until 12/20)
Jacquline FisherBoard Member (until 9/20)
Jonathan ColemanBoard Member (until 9/20)
Mariam AwadSecretary
James DoughertyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$275,350
Program Service Revenue
$143,185
Investment Income
$2,946
Other Revenue
$0
All Other Contributions
$275,350
Change in Net Assets
$149,029

Audited Revenue Reconciliation

Revenue per Audited Statements
$417,836
Revenue Not Reported on Financial Statements
$3,645
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$3,645
Total Revenue per Audited Statements
$417,836
Total Revenue per Form 990
$421,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,143
Grants and Similar Amounts Paid$114,309
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$114,309--$114,309
Fees for Services Other$58,538--$58,538
Depreciation Depletion$37,693--$37,693
Fees for Services Accounting-$20,160-$20,160
Occupancy$13,555--$13,555
Other Expenses$5,505--$5,505
Interest$4,449--$4,449
Insurance-$2,390-$2,390
Office Expenses$15--$15
Total Functional Expenses$249,902$22,550$0$272,452

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$272,452
Expenses per Audited Statements$268,807
Total Expenses per Audited Statements$268,807
Expenses Not Reported on Financial Statements$3,645
Other Expense Adjustments$3,645
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of LancasterLancaster, PA-LANCASTER EQUITY SERVED AS A FISCAL AGENT FOR THE GRANT TO FACILITATE HIRING A CONSULTANT FOR LANCASTER CITY'S COMPREHENSIVE PLAN.$75,000
City of LancasterLancaster, PA-Transfer of Beaver St. Property and Related Restricted Contributions$35,664
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Community Action Partnership$135,659
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Jugens and vashti laguerre are siblings.”

Form 990, Part VI, Section A, Line 4

“The organization amended the by-laws during the fiscal year to modify their mission statement, which now reads "lancaster equity coordinates efforts to advance communities where everyone has an opportunity to thrive, whether that be through neighborhood revitalization, living wage work, entrepreneurship, or safe and affordable housing." this mission expands upon the organization's original mission of providing and maintaining affordable housing to low-income families and individuals.”

Form 990, Part VI, Section A, Line 8B

“Only meetings held or written actions undertaken by the governing board are documented.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was reviewed by the bookkeeper, a cpa, and sent to the board for review and questions prior to filing.”

Form 990, Part VI, Section C, Line 19

“Financial statements and form 990 are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lancaster Equity Inc
EIN
23-2940322
Phone
7172997301
Address
601 S QUEEN STREET PO BOX 599, LANCASTER, PA 17608

Signing Officer

Name
Vanessa Philbert
Title
President
Phone
7172997301
Signed
2022-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vanessa Philbert
Formed
1997
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
21

Preparer

Firm
Rkl Llp
Address
PO BOX 8408, LANCASTER, PA 17604-8408
Preparer
Molly L Ramos CPA
Phone
7173945666
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“The beaver street property and unspent funds were transferred to the city of lancaster in june 2021.”

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 58,538. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,538.”

990, Part XII, Line 2C

“The finance committee assumes responsibility for oversight of the organization's audited financial statements and selection of an independent accountant. This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization follows the standards for accounting for uncertainty in income taxes according to the principles of asc 740, income taxes, which prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken, or expected to be taken, in a tax return. Management evaluated the organization's tax position and concluded that the organization had no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the organization is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years before 2018.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“GRANT EXPENSE 3,645.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“GRANT EXPENSE 3,645.”

Raw XML AppendixShowing 400 of 569 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011825
IRS990/AccountsReceivableGrp/BOYAmt020823
IRS990/AccountsReceivableGrp/EOYAmt035572
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO COORDINATE EFFORTS TO ADVANCE COMMUNITIES WHERE EVERYONE HAS AN OPPORTUNITY TO THRIVE, WHETHER THAT BE THROUGH NEIGHBORHOOD REVITALIZATION, LIVING WAGE WORK, ENTREPRENEURSHIP, OR SAFE AND AFFORDABLE HOUSING.
IRS990/AllOtherContributionsAmt0275350
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07172997301
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0601 SOUTH QUEEN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LANCASTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd017603
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0275350
IRS990/CYGrantsAndSimilarPaidAmt0114309
IRS990/CYInvestmentIncomeAmt02946
IRS990/CYOtherExpensesAmt0158143
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0143185
IRS990/CYRevenuesLessExpensesAmt0149029
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0272452
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0421481
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt037693
IRS990/DepreciationDepletionGrp/TotalAmt037693
IRS990/Desc0MAINTENANCE OF 80 UNITS OF QUALITY, AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS IN LANCASTER COUNTY, PENNSYLVANIA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt044205
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0137371
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020160
IRS990/FeesForServicesAccountingGrp/TotalAmt020160
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt058538
IRS990/FeesForServicesOtherGrp/TotalAmt058538
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL MCKENNA
IRS990/Form990PartVIISectionAGrp/PersonNm1DANA HANCHIN
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm3MARIAM AWAD
IRS990/Form990PartVIISectionAGrp/PersonNm4JUAN ALVIS
IRS990/Form990PartVIISectionAGrp/PersonNm5TINA CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm6JONATHAN COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7JACQULINE FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm8JENNIFER KOPPEL
IRS990/Form990PartVIISectionAGrp/PersonNm9JUGENS LAGUERRE
IRS990/Form990PartVIISectionAGrp/PersonNm10VASTHI LAGUERRE
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSE LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12EDWIN MARTINEZ-FELICIAN
IRS990/Form990PartVIISectionAGrp/PersonNm13CHRISTIAN MORETA
IRS990/Form990PartVIISectionAGrp/PersonNm14SHELBY NAUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15VANESSA PHILBERT
IRS990/Form990PartVIISectionAGrp/PersonNm16ANNA RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm17MARSHALL SNIVELY
IRS990/Form990PartVIISectionAGrp/PersonNm18ANDREW SZALAY
IRS990/Form990PartVIISectionAGrp/PersonNm19LYDIA WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm20BARBARA WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm21ALICE YODER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT (UNTIL 6/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER (UNTIL 12/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER (BEG. 10/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER (UNTIL 9/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER (UNTIL 9/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER (BEG. 10/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER (UNTIL 12/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER (UNTIL 12/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt02913
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt075000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0114309
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0114309
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0312000
IRS990/GrossReceiptsAmt0730568
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02390
IRS990/InsuranceGrp/TotalAmt02390
IRS990/IntangibleAssetsGrp/BOYAmt01220
IRS990/IntangibleAssetsGrp/EOYAmt01137
IRS990/InterestGrp/ProgramServicesAmt04449
IRS990/InterestGrp/TotalAmt04449
IRS990/InvestmentIncomeGrp/ExclusionAmt033
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt045774
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01155541
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0817634
IRS990/LandBldgEquipCostOrOtherBssAmt0863408
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0309087
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LANCASTER EQUITY COORDINATES EFFORTS TO ADVANCE COMMUNITIES WHERE EVERYONE HAS AN OPPORTUNITY TO THRIVE, WHETHER THAT BE THROUGH NEIGHBORHOOD REVITALIZATION, LIVING WAGE WORK, ENTREPRENEURSHIP, OR SAFE AND AFFORDABLE HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0650110
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0399746
IRS990/NetAssetsOrFundBalancesBOYAmt01431076
IRS990/NetAssetsOrFundBalancesEOYAmt01580105
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02913
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02913
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01386871
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01580105
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt013555
IRS990/OccupancyGrp/TotalAmt013555
IRS990/OfficeExpensesGrp/ProgramServicesAmt015
IRS990/OfficeExpensesGrp/TotalAmt015
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0734929
IRS990/OtherAssetsTotalGrp/EOYAmt0770219
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt015838
IRS990/OtherExpensesGrp/ProgramServicesAmt15505
IRS990/OtherExpensesGrp/TotalAmt015838
IRS990/OtherExpensesGrp/TotalAmt15505
IRS990/OtherLiabilitiesGrp/BOYAmt020857
IRS990/OtherLiabilitiesGrp/EOYAmt0135659
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt065613
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt065613
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0VANESSA PHILBERT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0PARTNERSHIP INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt095720
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147465
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt095720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147465
IRS990/ProgSrvcAccomActy2Grp/Desc0SOUTHERN MARKET FUNDS TO REVITALIZE THE SOUTHERN MARKET, ONE OF LANCASTER'S MOST ICONIC ARCHITECTURAL STRUCTURES. THE DEVELOPMENT PLANS INCLUDE A MULTI-STORY, "MIXED-USE" DEVELOPMENT SITE INCLUDING STREET LEVEL RESTAURANTS AND RETAIL VENUES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062931
IRS990/ProgSrvcAccomActy3Grp/Desc0BEAVER STREET PARK FUNDS TO BE USED TO TURN A VACANT LOT INTO A COMMUNITY PARK. THE PROPERTY AND UNSPENT FUNDS WERE TRANSFERRED TO THE CITY OF LANCASTER IN JUNE 2021.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt049600
IRS990/ProgSrvcAccomActy3Grp/GrantAmt039309
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0342500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013
IRS990/PYOtherExpensesAmt0164049
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0118480
IRS990/PYRevenuesLessExpensesAmt0296944
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0164049
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0460993
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0149029
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0143185
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0437160
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0275350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt042500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt073633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0391613
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03197
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01882
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0629
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05754
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0143185
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0118480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0135465
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0110903
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt073790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0581823
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03197
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01882
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0629
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05754
IRS990ScheduleA/InvestmentIncomeCYPct00.00590
IRS990ScheduleA/InvestmentIncomePYPct00.00930
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99410
IRS990ScheduleA/PublicSupportPY509Pct00.99070
IRS990ScheduleA/PublicSupportTotal509Amt0973436
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0418535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0160980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0209098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0111033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt073790
IRS990ScheduleA/Total509Grp/TotalAmt0973436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0418568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0160993

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
$2,127,335
Liabilities
$547,230
Net assets
$1,580,105
Revenue
$421,481
Expenses
$272,452
Net income
$149,029
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.85$0.02$1.83$0.04$0.05$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.86$0.02$1.84$0.12$0.14$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.92$0.06$1.86$0.34$0.06$0.28
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.55$1.58$0.42$0.27$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.10$0.67$1.43$0.46$0.16$0.30
2019Detailed filing. Detailed filing data is available for this year.$1.34$0.21$1.13$0.19$0.13$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.29$1.08$0.11$0.09$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.24$1.07$0.07$0.12$0.04
2016Summary only. Only limited summary data is available for this year.$1.11$0.01$1.11$0.08$0.00$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.03$0.08$0.00$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.07$0.00$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.05$0.89$0.01
2012Summary only. Only limited summary data is available for this year.$0.86$0.06$0.80$0.08$0.03$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.04$0.75$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.03$0.73$0.00$0.04$0.04