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Old Order Amish Helping Program

Old Order Amish Helping Program

Elizabethvle, PA 17023
Tax ID25-1821135

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About this organization

Revenue

$8,482,086

Expenses

$8,152,777

Mission

THE PROGRAM BORROWS FUNDS FROM MEMBERS OF THE OLD ORDER AMISH COMMUNITY TO RE-LEND THE FUNDS TO YOUNGER/NEEDY MEMBERS OF THE COMMUNITY AT A LOW INTEREST RATE. BY OPERATING A HELPING PROGRAM, THE RELIGIOUS BELIEFS WHICH ARE EVIDENT IN THE CULTURAL TRADITIONS AND LIFESTYLES OF THE OLD ORDER AMISH ARE ADVANCED TO YOUNG AMISH PERSONS, THEREBY ALLOWING THEM TO ESTABLISH THEMSELVES IN THE OLD ORDER AMISH COMMUNITY. CENTRAL TO THE ORGANIZATION'S PURPOSE IS THE RELIGIOUS MANDATE OF SHARING AND HELPING OTHERS WITHIN THE COMMUNITY AND THE INTERRELIANCE OF THOSE WITHIN THE OLD ORDER AMISH COMMUNITY.

About

DURING THE YEAR ENDED JULY 31, THE PROGRAM EXTEND NEW LOANS TO YOUNG/NEEDY AMISH PERSONS, THEREBY ALLOWING THEM TO ACQUIRE FARMS OR OTHER AGRICULTURAL FINANCING NEEDS TO BECOME ESTABLISHED WITHIN THE OLD ORDER AMISH COMMUNITY. ------ THE PROGRAM ACCEPTS INVESTMENTS FROM MEMBERS OF THE AMISH COMMUNITY. THE PROGRAM RETURNED AN INVESTMENT OF 4.00% ON ALL INVESTED DOLLARS. THE INTEREST EARNED COULD BE RECEIVED IN CHECK OR ADDED INTO THE ORIGINAL INVESTMENT BALANCE AT THE DIRECTION OF THE INVESTOR. THE INVESTMENTS ARE ALL DUE ON DEMAND WITHIN 60 DAYS OF REQUEST. ----- THE PROGRAM USES THESE INVESTMENT FUNDS TO ASSIST NEW AMISH AGRICULTURAL BUSINESS ACTIVITIES AS DEFINED ABOVE. THE LOAN AGREEMENTS WRITTEN ARE SECURED BY THE UNDERLYING REAL ESTATE AND ARE AMORTIZED OVER A 20 YEAR REPAYMENT PLAN WITH A 10 YEAR BALLOON. THE INTEREST RATE WAS 4.25%. ----- ALL LOANS PROVIDED IN SUPPORT OF NEW AGRICULTURAL ACTIVITIES ARE APPROVED BY THE INDEPENDENT BOARD OF DIRECTORS. ----- MEMBERS OF THE BOARD OF DIRECTORS AND THEIR FAMILIES ARE PERMITTED TO INVEST IN THE ORGANIZATION OR RECEIVE LOANS FROM THE ORGANIZATION CONSISTENT WITH THE SAME TERMS OF ALL RECIPIENTS OF THE PROGRAM.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “The program borrows funds from members of the old order amish community to re-lend the funds to younger/needy members of the community at a low interest rate. by operating a helping program, the religious beliefs which are evident in the cultural traditions and lifestyles of the old order amish are advanced to young amish persons, thereby allowing them to establish themselves in the old order amish community. central to the organization's purpose is the religious mandate of sharing and helping others within the community and the interreliance of those within the old order amish community.”.

When explaining its duties, they were described as: “The program borrows funds from members of the old order amish community to re-lend the funds to younger/needy members of the community at a low interest rate. by operating a helping program, the religious beliefs which are evident in the cultural traditions and lifestyles of the old order amish are advanced to young amish persons, thereby allowing them to establish themselves in the old order amish community. central to the organization's purpose is the religious mandate of sharing and helping others within the community and the interreliance of those within the old order amish community.”.

  • The state in which the non-profit is authorized to operate legally is PA.
  • According to the filing, the address of the non-profit for the year 2020 is 4440 SHIPPENDAM RD, ELIZABETHVILLE, PA, 17023.
  • The non-profit has reported 0 employees on their form for the year 2020.
  • The non-profit has 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 $329,309.
  • The compensation policy for the CEO of the organization is not based on a thorough evaluation and endorsement by an impartial entity.
  • The organization elects its board members.
  • The organization has 13 independent voting members.
  • The organization was formed in 1998.
  • The organization is required to file Schedule O.
  • The organization pays $123,000 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.

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