NonprofitsRising Tide Community Loan Fund

Community Improvement & Capacity Building

Rising Tide Community Loan Fund

BETHLEHEM, PA

Total revenue

$653K

Total expenses

$1.0M

Net assets

$2.1M

Grants received

$1.3M

10 grants

EIN

233079170

Tax year

2023

Mission

The organization provides loans to small or start-up business ventures, that may not qualify to bank standards thereby improving economically depressed communities.

Financials

FY 2023

Revenue

Contributions & grants$317K
Program service revenue$236K
Investment income$100K
Other revenue
Total revenue$653K

Expenses

Grants paid$3K
Salaries & benefits$290K
Fundraising$47K
Other expenses$736K
Total expenses$1.0M
Total assets$6.2M
Net assets$2.1M

People

19 listed

NameRoleCompensation

DAWN GODSHALL

EXECUTIVE DIRECTOR

Board

1 hrs/wk

CHRIS HUDOCK

ASSOCIATE EXECUTIVE DIRECTOR

Board

50 hrs/wk

STEPHEN BROOME

DEPUTY EXECUTIVE DIRECTOR-FINANCE

Board

1 hrs/wk

OTIS MCNEIL

PRESIDENT (THRU 12/23)

Board

2 hrs/wk

SALLY HANDLON

PRESIDENT

Board

2 hrs/wk

TODD WATKINS

VICE-PRESIDENT

Board

2 hrs/wk

DAVID HAMMER

TREASURER

Board

2 hrs/wk

CHRIS JONES

SECRETARY (THRU 12/23)

Board

2 hrs/wk

ELIZABETH ORTIZ

SECRETARY

Board

2 hrs/wk

WAYNE BARZ

BOARD MEMBER

Board

2 hrs/wk

PAT CORPORA

BOARD MEMBER

Board

2 hrs/wk

DANIEL DIAZ

BOARD MEMBER

Board

2 hrs/wk

KIM EDWARDS

BOARD MEMBER

Board

2 hrs/wk

RUSSELL FLETCHER JR

BOARD MEMBER

Board

2 hrs/wk

COLLEEN KRCELICH

BOARD MEMBER

Board

2 hrs/wk

JOSH LAMPE

BOARD MEMBER

Board

2 hrs/wk

GINA MASSOTO

BOARD MEMBER (THRU 2/24)

Board

2 hrs/wk

LAUREN TAROLA

BOARD MEMBER

Board

2 hrs/wk

MAREK TOMANEK

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$10K
GENERAL SUPPORT
2024
$250K
TECHNICAL ASSISTANCE
2023
$250K
TECHNICAL ASSISTANCE
2023
$10K
GENERAL SUPPORT
2022
$438K
LOAN AND DEBT RELIEF
2020
$50K
COVID-19 GRANT
2020
$50K
TO ASSIST ORGANIZATION IN MISSION TO PROVIDE LOANS TO SMALL OR START-UP BUSINESS VENTURES, THAT MAY NOT QUALIFY TO BANK STANDARDS THEREBY IMPROVING ECONOMICALLY DEPRESSED COMMUNITIES.
2020
$10K
COVID RESPONSE GRANT
2020
$2K
GENERAL SUPPORT
2018

Funded by

$1.3M from 6 funders · 10 grants · 2018–2024

Pennsylvania Cdfi Network

$1.2M · 4 grants · 2020–2023

Opportunity Finance Network

$50K · 1 grant · 2020

Lehigh Valley Economic Investment

$50K · 1 grant · 2020

The Blackbaud Giving Fund

$20K · 2 grants · 2022–2024

Wells Fargo Regional Community

$10K · 1 grant · 2020

Schyler Kemps Foundation

$2K · 1 grant · 2018

Details

EIN233079170
NTEE codeS31
Subsection03
Ruling date2002-12
Formed2001
Employees5
Volunteers16
RISING TIDE COMMUNITY LOAN FUND — Mission, Financials & Grants Received | Grantivo