Civic Intelligence

Pennsylvania Home Lending Collaborative Inc.

990EZ • Fiscal year 2015 • EIN 47-2605170

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 25, 2016

213 N 5th StreetReading, PA 19601

(610) 372-8443

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

100th percentile

69.01x

Higher debt load relative to revenue than 100% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$375,743

No earlier filing loaded for comparison.

Net Assets

$1,087

No earlier filing loaded for comparison.

Liabilities

$374,656

No earlier filing loaded for comparison.

Revenue

$5,429

No earlier filing loaded for comparison.

Expenses

$4,342

No earlier filing loaded for comparison.

Net Income

$1,087

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2015: $375,743Liabilities 2015: $374,656Net Assets 2015: $1,0872015Assets 2016: $1,117,142Liabilities 2016: $1,102,380Net Assets 2016: $14,7622016Assets 2017: $1,577,393Liabilities 2017: $1,523,225Net Assets 2017: $54,1682017Assets 2018: $2,256,273Liabilities 2018: $2,167,670Net Assets 2018: $88,6032018Assets 2019: $3,062,550Liabilities 2019: $2,951,708Net Assets 2019: $110,8422019Assets 2020: $2,885,482Liabilities 2020: $2,666,002Net Assets 2020: $219,4802020Assets 2021: $3,298,460Liabilities 2021: $3,203,694Net Assets 2021: $94,7662021Assets 2022: $3,283,912Liabilities 2022: $3,000,820Net Assets 2022: $283,0922022Assets 2023: $3,373,901Liabilities 2023: $2,894,963Net Assets 2023: $478,9382023Assets 2024: $4,197,250Liabilities 2024: $3,447,653Net Assets 2024: $749,5972024

Highlighted filing

2015

Assets$375,743
Liabilities$374,656
Net Assets$1,087

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $5,429Expenses 2015: $4,342Net Income 2015: $1,0872015Revenue 2016: $42,914Expenses 2016: $29,239Net Income 2016: $13,6752016Revenue 2017: $71,657Expenses 2017: $32,251Net Income 2017: $39,4062017Revenue 2018: $101,592Expenses 2018: $67,157Net Income 2018: $34,4352018Revenue 2019: $115,310Expenses 2019: $93,071Net Income 2019: $22,2392019Revenue 2020: $132,388Expenses 2020: $23,750Net Income 2020: $108,6382020Revenue 2021: $151,198Expenses 2021: $275,912Net Income 2021: -$124,7142021Revenue 2022: $278,435Expenses 2022: $90,109Net Income 2022: $188,3262022Revenue 2023: $331,092Expenses 2023: $80,737Net Income 2023: $250,3552023Revenue 2024: $441,683Expenses 2024: $85,917Net Income 2024: $355,7662024

Highlighted filing

2015

Revenue$5,429
Expenses$4,342
Net Income$1,087
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 25, 2016
Return Version
2015v2.1
Gross Receipts
$5,429
Mission and Program Overview

Mission

To promote and facilitate first-time home ownership primarily to individuals and families of modest means (below 80% ami) residing in participating or qualified service areas through affordable financial assistance and flexible underwriting.

To promote and facilitate first-time home ownership primarily to individuals and families of modest means (below 80% ami) residing in participating or qualified service areas (initially defined as those areas being serviced by the seven neighborhood works organizations (nwo) active in pennsylvania), through affordable financial assistance and flexible underwriting.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROMOTES FIRST-TIME HOME OWNERSHIP AND PROMOTES AND ASSISTS EXISTING HOMEOWNERS IN THE NEIGHBORHOOD WORKS ORGANIZATIONS (NWO) SERVICE AREAS TO REMAIN IN RESIDENCE THROUGH AFFORDABLE FINANCIAL ASSISTANCE FOR NECESSARY HOME REPAIR AND/OR RENOVATIONS. THE ORGANIZATION PROVIDES ACCESS TO LOAN PRODUCTS THAT ENABLE AND ENCOURAGE FAMILIES TO UTILIZE/INVEST IN "GREEN TECHNOLOGY" THAT RESULT IN LOWER ENERGY COSTS. ALL BORROWERS ARE REQUIRED TO COMPLETE HOMEBUYER EDUCATION CLASS, INDIVIDUAL BUDGET AND CREDIT COUNSELING AND PRE AND POST PURCHASE COUNSELING.$0$4,342
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE OLSONChair-$0--
STUART BOWMANSecretary-$0--
DEBRA WETZELTreasurer-$0--
LUCY CORTEZVice-Chair-$0--
CRAIG BURKLEYDirector-$0--
DENISE COMMINGSDirector-$0--
DOUGLAS RAUCHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Pennsylvania Home Lending
EIN
47-2605170
Phone
6103728443
Address
213 N 5TH STREET, READING, PA 19601

Signing Officer

Name
Ronald Miller
Title
Executive Director
Phone
6103728443
Signed
2016-10-25
Discuss with paid preparer
Yes

Preparer

Firm
Herbein Company Inc
Address
2763 CENTURY BOULEVARD, READING, PA 19610
Preparer
Linda S Himeback
Phone
6103781175
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 132. Description: state wide lending cost. Amount: 3,706. Description: miscellaneous. Amount: 238. Total to form 990-ez, line 16: 4,076.

Form 990-ez, Part II, Line 24 - Other Assets

Description: loans receivable. Beg. Of year amount: 0. End of year amount: 354,478.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to related party. Beg. Of year amount: 0. End of year amount: 366,806. Description: repair escrows payable. Beg. Of year amount: 0. End of year amount: 7,850.

Raw XML Appendix162 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES. AMOUNT: 132. DESCRIPTION: STATE WIDE LENDING COST. AMOUNT: 3,706. DESCRIPTION: MISCELLANEOUS. AMOUNT: 238. TOTAL TO FORM 990-EZ, LINE 16: 4,076.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 354,478.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 366,806. DESCRIPTION: REPAIR ESCROWS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,850.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06103728443
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENNSYLVANIA HOME LENDING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COLLABORATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0PENN
ReturnHeader/Filer/EIN0472605170
ReturnHeader/Filer/PhoneNum06103728443
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ReturnHeader/Filer/USAddress/ZIPCd019601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232415973
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERBEIN COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02763 CENTURY BOULEVARD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0READING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019610
ReturnHeader/PreparerPersonGrp/PhoneNum06103781175
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA S HIMEBACK
ReturnHeader/ReturnTs02016-11-02T07:48:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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