Civic Intelligence

Amish Mutual Mortgage Fund

EIN 35-1798265 • 501(c)3 • Nappanee, IN

Profile

Amish Mutual Mortgage Fund is a church controlled organization whereby Old Order Amish members invest funds which are channeled to those in need of borrowing funds to maintain the Anabaptist religious beliefs, cultural traditions and lifestyles for residential real estate loans.

8216 W 1350 NNappanee, IN 46550
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.99x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

18.87x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

62nd percentile

9.3%

Higher net margin than 62% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

7th percentile

$8,335

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

37th percentile

2.7%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

9.7%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$93,677,451

Up $2,486,574 (+2.7%) from 2023

Liabilities

Up

$92,505,949

Up $2,029,505 (+2.2%) from 2023

Net Assets

Up

$1,171,502

Up $457,069 (+64%) from 2023

Revenue

Up

$4,902,258

Up $434,068 (+9.7%) from 2023

Expenses

Up

$4,445,189

Up $546,042 (+14%) from 2023

Net Income

Down

$457,069

Down $111,974 (-20%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2014: $35,018,935Liabilities 2014: $34,993,185Net Assets 2014: $25,7502014Assets 2015: $41,294,336Liabilities 2015: $41,198,840Net Assets 2015: $95,4962015Assets 2016: $49,017,721Liabilities 2016: $48,877,006Net Assets 2016: $140,7152016Assets 2017: $55,755,257Liabilities 2017: $55,522,818Net Assets 2017: $232,4392017Assets 2018: $58,595,247Liabilities 2018: $58,261,585Net Assets 2018: $333,6622018Assets 2019: $61,947,469Liabilities 2019: $61,478,463Net Assets 2019: $469,0062019Assets 2020: $68,816,125Liabilities 2020: $68,297,341Net Assets 2020: $518,7842020Assets 2021: $84,844,116Liabilities 2021: $84,275,279Net Assets 2021: $568,8372021Assets 2022: $91,576,741Liabilities 2022: $91,314,702Net Assets 2022: $262,0392022Assets 2023: $91,190,877Liabilities 2023: $90,476,444Net Assets 2023: $714,4332023Assets 2024: $93,677,451Liabilities 2024: $92,505,949Net Assets 2024: $1,171,5022024

Highlighted filing

2024

Assets$93,677,451
Liabilities$92,505,949
Net Assets$1,171,502

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,021,396Expenses 2014: $1,007,164Net Income 2014: $14,2322014Revenue 2015: $1,176,987Expenses 2015: $1,132,601Net Income 2015: $44,3862015Revenue 2016: $1,340,947Expenses 2016: $1,312,344Net Income 2016: $28,6032016Revenue 2017: $1,532,307Expenses 2017: $1,495,699Net Income 2017: $36,6082017Revenue 2018: $1,840,692Expenses 2018: $1,631,647Net Income 2018: $209,0452018Revenue 2019: $1,956,405Expenses 2019: $1,876,992Net Income 2019: $79,4132019Revenue 2020: $1,884,825Expenses 2020: $1,941,119Net Income 2020: -$56,2942020Revenue 2021: $2,126,511Expenses 2021: $2,113,634Net Income 2021: $12,8772021Revenue 2022: $2,543,950Expenses 2022: $2,402,080Net Income 2022: $141,8702022Revenue 2023: $4,468,190Expenses 2023: $3,899,147Net Income 2023: $569,0432023Revenue 2024: $4,902,258Expenses 2024: $4,445,189Net Income 2024: $457,0692024

Highlighted filing

2024

Revenue$4,902,258
Expenses$4,445,189
Net Income$457,069

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 13, 2025
Return Version
2024v5.2
Gross Receipts
$4,902,258
Mission and Program Overview

Mission

Amish mutual mortgage fund is a church controlled organization whereby old order amish members invest funds which are channeled to those in need of borrowing funds to maintain the anabaptist religious beliefs, cultural traditions and lifestyles for residential real estate loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$85,125,229$85,740,948▲ $615,719
Savings and Temporary Cash Investments$1,484,182$3,954,261▲ $2,470,079
Investments Other Securities$3,280,472$3,505,805▲ $225,333
Cash and Non-Interest-Bearing Accounts$624,395$213,495▼ $410,900
Receivables From Officers Etc$551,512$111,382▼ $440,130
Total Assets$91,190,877$93,677,451▲ $2,486,574
Other Assets Total$125,087$151,560▲ $26,473
Liabilities
Other Liabilities$90,469,812$92,505,928▲ $2,036,116
Accounts Payable and Accrued Expenses$6,632$21▼ $6,611
Total Liabilities$90,476,444$92,505,949▲ $2,029,505
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$714,433$1,171,502▲ $457,069
Total Net Assets Fund Balance$714,433$1,171,502▲ $457,069
Total Liabilities and Net Assets / Fund Balance$91,190,877$93,677,451▲ $2,486,574

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,332$4,332
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matt L HochstetlerAdministratorFT$8,335$8,335
Chris KurtzChairmanPT$8,335$8,335
Everett HochstetlerSecretaryPT$8,335$8,335
Delbert H MillerAssistant Vice-chairmanPT$7,602$7,602
Lamar O HochstetlerAsst AdministratorPT$7,602$7,602
Leon SchwartzDirectorPT$7,602$7,602
Steven MillerDirectorPT$7,602$7,602
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,416,788
Investment Income
$485,450
Other Revenue
$20
Change in Net Assets
$457,069

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,902,258
Total Revenue per Audited Statements
$4,902,258
Total Revenue per Form 990
$4,902,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,329,776
Grants and Similar Amounts Paid$60,000
Salaries, Compensation, and Employee Benefits$55,413
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$4,129,575--$4,129,575
Fees for Services Accounting$120,537$50,135-$170,672
Grants to Domestic Orgs$60,000--$60,000
Current Officers, Directors, Trustees, and Key Employees$49,872$5,541-$55,413
Office Expenses$16,613$3,493-$20,106
Travel$6,572$730-$7,302
Conferences and Meetings-$2,056-$2,056
Insurance-$65-$65
Total Functional Expenses$4,383,169$62,020$0$4,445,189

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,445,189
Total Expenses per Audited Statements$4,445,189
Total Expenses per Form 990$4,445,189
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bright Beginnings Nappanee OpportNappanee, IN501c3Special Needs Children Assistance$30,000
Sunshine Workshop IncNappanee, IN501c3Special Needs Children Assistance$30,000
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Matt HochstetlerAssistant AdministratorProfessional FeesNo$150,672

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$551,512$111,382▼ $440,130
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investors Accounts$92,505,928
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

The form 990 is presented at the next board meeting of the officers after it is completed.

Officer director etc mailing address Part VI line 9

Christ b. Kurtz - 7178 cedar rd. - bourbon, in 46504 delbert h. Miller - 4085 w 1350 n - milford, in 46542 leon schwartz - 9615 n 900 w - nappanee in 46550 lyle e. Yoder - 69810 beech rd. - nappanee, in 46550 everett hochstetler - 13996 n 1050 w, nappanee, in 46550 lamar o hochstetler - 10313 n 500 w, milford in 46542 matt l hochstetler - 8160 w 1050 n, nappanee in 46550 steven miller - 7781 elm rd, bourbon in 46504

CEO executive director top management comp Part VI line 15A

The directors fees are set with approval of the whole investor group.

Other officer or key employee compensation Part VI line 15B

Director and treaurer fees are set with approval of the whole investor group.

Governing documents etc available to public Part VI line 19

Form 990 and other publicly required available forms are available upon request from the treasurers office.

Filing and Contact Details

Filer

Filer Name
Amish Mutual Mortgage Fund
EIN
35-1798265
In Care Of
% MATT L HOCHSTETLER
Phone
5742086058
Address
8216 W 1350 N, NAPPANEE, IN 46550

Signing Officer

Name
Matt L Hochstetler
Title
Administrator
Phone
5742086058
Signed
2025-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Kurtz
Formed
2013
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
LOH Tax Group
Address
8216 W 1350 N, Nappanee, IN 46550
Preparer
Matt Hochstetler Ea
Phone
5742086058
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt03954261
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0123223
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0186698
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0225277
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt058108
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01078756
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt04416788
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt03991691
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02356743
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01901234
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt01826665
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt014493121
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0485450
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0123223
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0186698
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0225277
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt058108
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IRS990ScheduleA/InvestmentIncomePYPct00.05000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/OtherIncome509Grp/TotalAmt082
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IRS990ScheduleA/PublicSupportPY509Pct00.94970
IRS990ScheduleA/PublicSupportTotal509Amt014493121
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03991691
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02356743
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01901234
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01826665
IRS990ScheduleA/Total509Grp/TotalAmt014493121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04902258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04114914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02543451
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02126511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01884825
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04332
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTORS ACCOUNTS
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IRS990ScheduleD/TotalExpensesPerForm990Amt04445189
IRS990ScheduleD/TotalLiabilityAmt092505928
IRS990ScheduleD/TotalRevenuePerForm990Amt04902258
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IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPECIAL NEEDS CHILDREN ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SPECIAL NEEDS CHILDREN ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BRIGHT BEGINNINGS NAPPANEE OPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SUNSHINE WORKSHOP INC
IRS990ScheduleI/RecipientTable/RecipientEIN0263406566
IRS990ScheduleI/RecipientTable/RecipientEIN1454333590
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16255 W 1300 N
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NAPPANEE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NAPPANEE
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ASSISTANT ADMINISTRATOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PROFESSIONAL FEES
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0REAL ESTATE
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LEON SCHWARTZ
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED AT THE NEXT BOARD MEETING OF THE OFFICERS AFTER IT IS COMPLETED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHRIST B. KURTZ - 7178 CEDAR RD. - BOURBON, IN 46504 DELBERT H. MILLER - 4085 W 1350 N - MILFORD, IN 46542 LEON SCHWARTZ - 9615 N 900 W - NAPPANEE IN 46550 LYLE E. YODER - 69810 BEECH RD. - NAPPANEE, IN 46550 EVERETT HOCHSTETLER - 13996 N 1050 W, NAPPANEE, IN 46550 LAMAR O HOCHSTETLER - 10313 N 500 W, MILFORD IN 46542 MATT L HOCHSTETLER - 8160 W 1050 N, NAPPANEE IN 46550 STEVEN MILLER - 7781 ELM RD, BOURBON IN 46504
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS FEES ARE SET WITH APPROVAL OF THE WHOLE INVESTOR GROUP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTOR AND TREAURER FEES ARE SET WITH APPROVAL OF THE WHOLE INVESTOR GROUP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 AND OTHER PUBLICLY REQUIRED AVAILABLE FORMS ARE AVAILABLE UPON REQUEST FROM THE TREASURERS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Officer director etc mailing address Part VI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062020
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04383169
IRS990/TotalFunctionalExpensesGrp/TotalAmt04445189
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt092505949
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IRS990/TotalLiabilitiesGrp/EOYAmt092505949
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01171502
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IRS990/TotalProgramServiceExpensesAmt04383169
IRS990/TotalProgramServiceRevenueAmt04416788
IRS990/TotalReportableCompFromOrgAmt055413
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04902258
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04902258
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT L HOCHSTETLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR

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