NonprofitsImpact Loan Fund Inc

Community Improvement

Impact Loan Fund Inc

PHILADELPHIA, PA

Total revenue

$910K

Total expenses

$913K

Net assets

$5.1M

Grants received

$1.9M

8 grants

EIN

233032463

Tax year

2023

Mission

Certified loan fund to assist small business firms to improve economic conditions in eastern philadelphia.

Financials

FY 2023

Revenue

Contributions & grants$331K
Program service revenue$480K
Investment income$99K
Other revenue
Total revenue$910K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$913K
Total expenses$913K
Total assets$9.0M
Net assets$5.1M

People

8 listed

NameRoleCompensation

PEARL WANG HERRERA

BOARD MEMBER

Board

2 hrs/wk

DAVID LANGLIEB

BOARD MEMBER

Board

2 hrs/wk

SERGIO GIRALDO

BOARD MEMBER

Board

2 hrs/wk

JACK HUBBERT ESQ

BOARD MEMBER

Board

2 hrs/wk

CASEY O'DONNELL

PRESIDENT

Board

2 hrs/wk

KIMBERLY WASHINGTON

BOARD MEMBER

Board

2 hrs/wk

JENISE RABB

BOARD MEMBER

Board

2 hrs/wk

DAVID ORTIZ

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$300K
OPERATING GRANT
2024
$331K
TECHNICAL ASSISTANCE
2023
$331K
TECHNICAL ASSISTANCE
2023
$196K
TECH ASSIST SSBCI
2022
$150K
FINANCE JUSTICE FUND SUBGRANT
2022
$180K
ECONOMIC DEVELOPMENT
2020
$147K
LOAN AND DEBT RELIEF
2020

Funded by

$1.9M from 3 funders · 8 grants · 2020–2024

Pennsylvania Cdfi Network

$1.3M · 5 grants · 2020–2023

Opportunity Finance Network

$450K · 2 grants · 2022–2024

Community First Fund

$180K · 1 grant · 2020

Details

EIN233032463
NTEE codeS410
Subsection03
Ruling date2003-08
Formed2001
Employees0
Volunteers0
IMPACT LOAN FUND INC — Mission, Financials & Grants Received | Grantivo