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Weaverland Financial Aid

Weaverland Financial Aid

Lititz, PA 17543
Tax ID23-3017873

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About this organization

Revenue

$6,169,978

Expenses

$6,129,963

Mission

The program borrows funds from members of the Weaverland Conference Mennonite church to re-lend to young Mennonite persons of the community at a low interest rate. This program is designed to help preserve and maintain the religious beliefs, cultural traditions and lifestyle of the Weaverland Conference Mennonite church and allows young Mennonite persons to establish themselves in the Weaverland Conference Mennonite community.

About

The program has extended loans to approximately 644 young Mennonite persons, thereby allowing them to acquire homes, farms, agricultural or other business related financing needs and to become established within the Weaverland Conference Mennonite community.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The program borrows funds from members of the weaverland conference mennonite church to re-lend to young mennonite persons of the community at a low interest rate. this program is designed to help preserve and maintain the religious beliefs, cultural traditions and lifestyle of the weaverland conference mennonite church and allows young mennonite persons to establish themselves in the weaverland conference mennonite community.”.

When referring to its actions, they were outlined as: “The program borrows funds from members of the weaverland conference mennonite church to re-lend to young mennonite persons of the community at a low interest rate. this program is designed to help preserve and maintain the religious beliefs, cultural traditions and lifestyle of the weaverland conference mennonite church and allows young mennonite persons to establish themselves in the weaverland conference mennonite community.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as PA.
  • The non-profit's address in 2020 is noted in the filing as 210 SNYDER RD, EPHRATA, PA, 17522.
  • The non-profit's form for 2020 reports a total of 0 employees.
  • The non-profit has outstanding loans as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $40,015.
  • The CEO compensation package within the organization is not established through a review and approval by a neutral party.
  • The organization has 7 independent voting members.
  • The organization was formed in 1999.
  • The organization is required to file Schedule O.
  • The organization pays $98,248 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

Additional Non-Profits in the area

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