Nonprofits›Philadelphia Accelerator Fund

Community Improvement & Capacity Building

Philadelphia Accelerator Fund

PHILADELPHIA, PA

Total revenue

$1.9M

Total expenses

$657K

Net assets

$2.9M

Grants received

$20K

2 grants

EIN

843332182

Tax year

2024

Mission

Making low cost loans in affordable housing projects throughout the city of philadelphia to increase the availability and quality of affordable housing to city residents.

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$240K
Investment income$417K
Other revenue$43
Total revenue$1.9M

Expenses

Grants paid—
Salaries & benefits$261K
Fundraising$24K
Other expenses$396K
Total expenses$657K
Total assets$16.9M
Net assets$2.9M

People

16 listed

NameRoleCompensation

DAVID LANGLIEB

EXECUTIVE DI

Board

$140K

40 hrs/wk

CHARLES LOMAX

TREASURER

Board

—

1 hrs/wk

JENNIFER BELLOT

SECRETARY

Board

—

1 hrs/wk

ANNE FADULLON

DIRECTOR

Board

—

1 hrs/wk

PAUL BADGER

DIRECTOR

Board

—

1 hrs/wk

JAMES SANDERS

DIRECTOR

Board

—

1 hrs/wk

VIDHI ANDERSON

DIRECTOR

Board

—

1 hrs/wk

SUZANNE S MAYES

DIRECTOR

Board

—

1 hrs/wk

MO RUSHDY

CHAIR

Board

—

4 hrs/wk

JESSIE LAWRENCE

DIRECTOR

Board

—

1 hrs/wk

KAREN FEGELY

DIRECTOR

Board

—

1 hrs/wk

DAVID THOMAS

DIRECTOR

Board

—

1 hrs/wk

JENNIFER LUCAS CROWTHER

DIRECTOR

Board

—

1 hrs/wk

MICHAEL JOHNS

DIRECTOR

Board

—

1 hrs/wk

KATYA NOREIKA

DIRECTOR

Board

—

1 hrs/wk

MATTHEW STITT

DIRECTOR

Board

—

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
WSFS CARES FOUNDATION
$10K
REVITALIZATION AND BUSINESS ECONOMIC EMPOWERMENT
2024
TD CHARITABLE FOUNDATION
$10K
PREDEVELOPMENT LOAN PROGRAM
2023

Funded by

$20K from 2 funders · 2 grants · 2023–2024

Wsfs Cares Foundation

$10K · 1 grant · 2024

Td Charitable Foundation

$10K · 1 grant · 2023

Details

EIN843332182
NTEE codeS31
Subsection03
Ruling date2023-08
Formed2019
Employees2
PHILADELPHIA ACCELERATOR FUND — Mission, Financials & Grants Received | Grantivo