Anabaptist Financial
Anabaptist Financial
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About this organization
Mission
Anabaptist Financial assists the brotherhood in channeling material resources within the kingdom of Christ, and provides stewards with financial counsel consistent with conservative Anabaptist beliefs and values.
About
Loan Program: AF makes loans to Anabaptist individuals, businesses, and charitable organizations. Loans include business real estate, business operating, and home mortgages. As of its current year end, AF had 2,226outstanding loans in its loan portfolio, totaling loan receivables of $417,243,790, net of a loan loss reserve of $1,381,002. These loans assist Anabaptists in maintaining their religious beliefs and cultural lifestyles.
Interesting data from their 2019 990 filing
According to the filing, the non-profit's mission is “Anabaptist financial has been established to advance conservative amish, mennonite, and brethen (anabaptists) religious beliefs, cultural traditions and lifestyles. anabaptist financial was created to generate a source of funds for making (continued)”.
When referring to its actions, they were described as: “Anabaptist financial has been established to advance conservative amish, mennonite, and brethen (anabaptists) religious beliefs, cultural traditions and lifestyles. anabaptist financial was created to generate a source of funds for making (continued)”.
- According to the law, the state of operation reported by the non-profit is PA.
- According to their form, the non-profit as of 2019 has a total of 30 employees.
- The non-profit has loans outstanding as of 2019.
- 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 $1,871,731.
- The CEO compensation plan of the organization is determined by an independent party's review and approval.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 6 independent voting members.
- The organization was formed in 2005.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $997,802 in salary, compensation, and benefits to its employees.
- The organization pays $34,770 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has a business related family member transaction.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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