Civic Intelligence

Lancaster Equity Inc.

990 • Fiscal year 2020 • EIN 23-2940322

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

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

0.32x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

1.46x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

94th percentile

64%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

87th percentile

57%

Faster asset growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

95th percentile

149%

Faster revenue growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$2,102,043

Up $759,519 (+57%) from 2019

Net Assets

Up

$1,431,076

Up $296,944 (+26%) from 2019

Liabilities

Up

$670,967

Up $462,575 (+222%) from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin94th percentile

Revenue

Up

$460,993

Up $275,946 (+149%) from 2019

Expenses

Up

$164,049

Up $29,122 (+22%) from 2019

Net Income

Up

$296,944

Up $246,824 (+492%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth87th 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

2020

Assets$2,102,043
Liabilities$670,967
Net Assets$1,431,076
Open 2020 Filing

Operations Trend

Revenue Growth95th 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

2020

Revenue$460,993
Expenses$164,049
Net Income$296,944
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.2
Gross Receipts
$460,993
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 provide and maintain affordable rental housing to low-income families and individuals in lancaster county, pennsylvania.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$360,072$1,155,541▲ $795,469
Savings and Temporary Cash Investments$157,699$123,917▼ $33,782
Other Notes and Loans Receivable, Net$65,613$65,613→ $0
Accounts Receivable$50,001$20,823▼ $29,178
Intangible Assets$1,302$1,220▼ $82
Total Assets$1,342,524$2,102,043▲ $759,519
Other Assets Total$707,837$734,929▲ $27,092
Liabilities
Mortgage Notes Payable Secured by Investment Property$208,392$650,110▲ $441,718
Other Liabilities$0$20,857▲ $20,857
Total Liabilities$208,392$670,967▲ $462,575
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,089,582$1,386,871▲ $297,289
Net Assets With Donor Restrictions$44,550$44,205▼ $345
Total Net Assets Fund Balance$1,134,132$1,431,076▲ $296,944
Total Liabilities and Net Assets / Fund Balance$1,342,524$2,102,043▲ $759,519

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,032,266$52,443$1,084,709
Land$123,275-$123,275
Other Assets Org$734,929--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Michael MckennaPresident (beg. 1/20)
Daniel JurmanPresident (until 12/19)
Dana HanchinVice President (beg. 12/19)
Carlos GrauperaVice President (until 12/19)
Alice YoderBoard Member
Andrew SzalayBoard Member
Barbara WilsonBoard Member
Christian MoretaBoard Member
Jennifer KoppelBoard Member
Jonathan ColemanBoard Member
Jugens LaguerreBoard Member
Lydia WalkerBoard Member
Marshall SnivelyBoard Member
Vasthi LaguerreBoard Member
Anna RamosBoard Member (beg. 11/19)
Vanessa PhilbertBoard Member (beg. 12/19)
Jacquline FisherBoard Member (beg. 7/19)
Shelby NaumanBoard Member (beg. 7/19)
Cathy RychalskyBoard Member (until 12/19)
Jodie RichardsonBoard Member (until 12/19)
RAY D'AGOSTINOBoard Member (until 12/19)
Mariam AwadSecretary (beg. 1/20)
James DoughertyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,500
Program Service Revenue
$118,480
Investment Income
$13
Other Revenue
$0
All Other Contributions
$342,500
Change in Net Assets
$296,944

Audited Revenue Reconciliation

Revenue per Audited Statements
$460,993
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$460,993
Total Revenue per Form 990
$460,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$164,049
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$50,013--$50,013
Depreciation Depletion$30,910--$30,910
Other Expenses$20,437--$20,437
Occupancy$16,341--$16,341
Fees for Services Accounting-$7,600-$7,600
Insurance-$6,712-$6,712
Fees for Services Legal$5,572--$5,572
Interest$4,564--$4,564
Office Expenses$35--$35
Total Functional Expenses$149,737$14,312$0$164,049

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$164,049
Total Expenses per Audited Statements$164,049
Total Expenses per Form 990$164,049
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$20,857
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
No
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 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
Michael Mckenna
Title
President
Phone
7172997301
Signed
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Mckenna
Formed
1997
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

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 2

“The organization began funding the southern market project 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. The organization also began funding the beaver street park project to be used to turn a vacant lot into a community park.”

Form 990, Part IX, Line 11G

“Consulting fees : program service expenses 50,013. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,013.”

Part III, Statement of Program Service Accomplishments

“The organization began funding the southern market project 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. The organization also began funding the beaver street park project to be used to turn a vacant lot into a community park.”

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 2017.”

Raw XML AppendixShowing 400 of 532 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/AccountsReceivableGrp/BOYAmt050001
IRS990/AccountsReceivableGrp/EOYAmt020823
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AND MAINTAIN AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES AND INDIVIDUALS IN LANCASTER COUNTY, PENNSYLVANIA.
IRS990/AllOtherContributionsAmt0342500
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/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0342500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013
IRS990/CYOtherExpensesAmt0164049
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0118480
IRS990/CYRevenuesLessExpensesAmt0296944
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0164049
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0460993
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030910
IRS990/DepreciationDepletionGrp/TotalAmt030910
IRS990/Desc0MAINTENANCE OF OVER 55 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/BOYAmt044550
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt044205
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt054891
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07600
IRS990/FeesForServicesAccountingGrp/TotalAmt07600
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05572
IRS990/FeesForServicesLegalGrp/TotalAmt05572
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt050013
IRS990/FeesForServicesOtherGrp/TotalAmt050013
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/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
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/AverageHoursPerWeekRt221.00
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/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL MCKENNA
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL JURMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DANA HANCHIN
IRS990/Form990PartVIISectionAGrp/PersonNm3CARLOS GRAUPERA
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm5MARIAM AWAD
IRS990/Form990PartVIISectionAGrp/PersonNm6JONATHAN COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7RAY D'AGOSTINO
IRS990/Form990PartVIISectionAGrp/PersonNm8JACQULINE FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm9JENNIFER KOPPEL
IRS990/Form990PartVIISectionAGrp/PersonNm10JUGENS LAGUERRE
IRS990/Form990PartVIISectionAGrp/PersonNm11VASTHI LAGUERRE
IRS990/Form990PartVIISectionAGrp/PersonNm12CHRISTIAN MORETA
IRS990/Form990PartVIISectionAGrp/PersonNm13SHELBY NAUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14VANESSA PHILBERT
IRS990/Form990PartVIISectionAGrp/PersonNm15ANNA RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm16JODIE RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm17CATHY RYCHALSKY
IRS990/Form990PartVIISectionAGrp/PersonNm18MARSHALL SNIVELY
IRS990/Form990PartVIISectionAGrp/PersonNm19ANDREW SZALAY
IRS990/Form990PartVIISectionAGrp/PersonNm20LYDIA WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm21BARBARA WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm22ALICE 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/ReportableCompFromOrgAmt220
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/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT (BEG. 1/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT (UNTIL 12/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT (BEG. 12/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT (UNTIL 12/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY (BEG. 1/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER (UNTIL 12/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER (BEG. 7/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER (BEG. 7/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER (BEG. 12/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER (BEG. 11/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER (UNTIL 12/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER (UNTIL 12/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0460993
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06712
IRS990/InsuranceGrp/TotalAmt06712
IRS990/IntangibleAssetsGrp/BOYAmt01302
IRS990/IntangibleAssetsGrp/EOYAmt01220
IRS990/InterestGrp/ProgramServicesAmt04564
IRS990/InterestGrp/TotalAmt04564
IRS990/InvestmentIncomeGrp/ExclusionAmt013
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt052443
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0360072
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01155541
IRS990/LandBldgEquipCostOrOtherBssAmt01207984
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LANCASTER EQUITY SHALL ENGAGE IN THE PROVISION, ACQUISITION, LEASING, MANAGEMENT, DEVELOPMENT, AND FACILITATION OF AFFORDABLE (LOW-INCOME) HOUSING, AND ANY SUCH COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES AS MAY SUPPORT POVERTY ELIMINATION, NEIGHBORHOOD REVITALIZATION, AND THE CREATION OF EQUITABLE ECONOMIC OPPORTUNITIES FOR ALL RESIDENTS OF THE COMMUNITY. THE ORGANIZATION IS SPECIFICALLY FOCUSED ON UNDERTAKING LEVELS OF RISK THAT OTHER NONPROFIT ORGANIZATIONS WOULD BE HESITANT TO (SCATTERED SITE HOUSING, ETC.), ESPECIALLY WHEN THAT RISK COULD BE THE CATALYST FOR POSITIVE COMMUNITY CHANGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0208392
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0650110
IRS990/NetAssetsOrFundBalancesBOYAmt01134132
IRS990/NetAssetsOrFundBalancesEOYAmt01431076
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01089582
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01386871
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt016341
IRS990/OccupancyGrp/TotalAmt016341
IRS990/OfficeExpensesGrp/ProgramServicesAmt035
IRS990/OfficeExpensesGrp/TotalAmt035
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0707837
IRS990/OtherAssetsTotalGrp/EOYAmt0734929
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt021865
IRS990/OtherExpensesGrp/ProgramServicesAmt120437
IRS990/OtherExpensesGrp/TotalAmt021865
IRS990/OtherExpensesGrp/TotalAmt120437
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt020857
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt065613
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt065613
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL MCKENNA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0PARTNERSHIP INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt072026
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146454
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt072026
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146454
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/ExpenseAmt060550
IRS990/ProgSrvcAccomActy3Grp/Desc0BEAVER STREET PARK FUNDS TO BE USED TO TURN A VACANT LOT INTO A COMMUNITY PARK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt034296
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt073633
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-24051
IRS990/PYOtherExpensesAmt0134927
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0135465
IRS990/PYRevenuesLessExpensesAmt050120
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0134927
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0185047
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0296944
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0118480
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0157699
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0123917
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt042500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt073633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0116263
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03197
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01882
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0629
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0222
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0118480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0135465
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0110903
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt073790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt078750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0517388
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03197
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01882
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0629
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05943
IRS990ScheduleA/InvestmentIncomeCYPct00.00930
IRS990ScheduleA/InvestmentIncomePYPct00.01070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99070
IRS990ScheduleA/PublicSupportPY509Pct00.98930
IRS990ScheduleA/PublicSupportTotal509Amt0633651
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0160980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0209098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0111033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt073790
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt078750
IRS990ScheduleA/Total509Grp/TotalAmt0633651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0160993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0212295

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,102,043
Liabilities
$670,967
Net assets
$1,431,076
Revenue
$460,993
Expenses
$164,049
Net income
$296,944
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