Lancaster Redevelopment Fund
- Assets
- $268.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-1823893
Organization Overview
Lancaster Redevelopment Fund is located in Lancaster, PA. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster Redevelopment Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Lancaster Redevelopment Fund generated $151.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $125.0k during the year ending 12/2023. While expenses have increased by 28.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NO PAY OUT IN 2023
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward C Fisher Chair Person | 0 | $0 | |
James R Williams Vice-President | 0 | $0 | |
Gerald S Robinson Treasurer | 0 | $0 | |
James R Eby Member | 0 | $0 | |
Laura Lyon-Slaymaker Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,071 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,272 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,343 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,858 |
| Total expenses | $125,016 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $268,109 |
| Other assets | $0 |
| Total assets | $268,109 |
| Total liabilities | $15,613 |
| Net assets or fund balances | $252,496 |