EIN 23-2850840

North Philadelphia Financial Partnership Neighborhood Progress Fund

Name: North Philadelphia Financial Partnership Neighborhood Progress Fund financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Philadelphia

State

Pennsylvania

Year formed

1996

Most recent tax filings

2023-06-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

The North Philadelphia Financial Partnership Neighborhood Progress Fund facilitates economic empowerment and financial self-sufficiency for residents living in distressed communities of Philadelphia by providing debt and equity financing to entrepreneurs, businesses, and non-profit organizations located or seeking to locate within these areas.

Total revenues

$1,430,398

2023

Total expenses

$678,342

2023

Total assets

$8,099,914

2023

Num. employees

2023

Program areas at North Philadelphia Financial Partnership Neighborhood Progress Fund

To provide debt and equity financing to entrepreneurs, businesses and non-profit organizations that are located or seek to locate within the the distressed communities of Philadelphia.

Who funds North Philadelphia Financial Partnership Neighborhood Progress Fund

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Pennsylvania Cdfi Network	2023-06	Tech Assist and Oper	$95,000
Philadelphia City Fund	2023-06	Program Funding	$68,363

Personnel at North Philadelphia Financial Partnership Neighborhood Progress Fund

Name	Title	Compensation	Date of data
Benjamin F. Gilbert	Member	$0	2024-04-01
Reco Owens, Cfa	Executive Director		2024-04-01
Yvette Smith	Manager of Administration		2024-04-01
Larrico Owens	Past Executive Director	$155,165	2023-04-27
Mark Lumpkin	Past Treasurer	$0	2014-06-30

Financials for North Philadelphia Financial Partnership Neighborhood Progress Fund

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$1,094,532	$845,463	29.5%
Program services	$166,307	$163,048	2%
Investment income and dividends	$168,099	$123,965	35.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$1,460	$33,025	-95.6%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$1,430,398	$1,165,501	22.7%

Form 990s for North Philadelphia Financial Partnership Neighborhood Progress Fund

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-04-29	990	View PDF
2022-06	2023-04-27	990	View PDF
2021-06	2022-05-06	990	View PDF
2020-06	2021-05-25	990	View PDF
2019-06	2021-02-09	990	View PDF
...and 9 more Form 990s

Organizations like North Philadelphia Financial Partnership Neighborhood Progress Fund

Organization	Type	Location	Revenue
Midwest Minnesota Community Development Corporation	501(c)(3)	Detroit Lakes, MN	$6,318,095
Community Development Financial Institution - Tohono O'odham Nation	501(c)(3)	Sells, AZ	$755,697
Cofecc	501(c)(3)	San Juan, PR	$1,152,299
Rising Tide Community Loan Fund	501(c)(3)	Bethlehem, PA	$955,580
Tri-City Peoples Corporation	501(c)(3)	Newark, NJ	$582,335
New Mexico Community Development Loan Fund	501(c)(3)	Albuquerque, NM	$2,394,022
Catalytic Development Funding Corp of Northern Kentucky	501(c)(3)	Covington, KY	$2,528,032
Landmarks Community Capital Corporation	501(c)(3)	Pittsburgh, PA	$2,614,691
Success Capital Expansion and Development Corporation	501(c)(3)	Modesto, CA	$803,770
Community Capital Advisors	501(c)(3)	Philadelphia, PA	$721,900

Data update history

July 15, 2024

Received grants

Identified 2 new grant, including a grant for $95,000 from Pennsylvania Cdfi Network

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 8, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 25, 2023

Received grants

Identified 2 new grant, including a grant for $277,941 from Pennsylvania Cdfi Network

May 15, 2023

Received grants

Identified 2 new grant, including a grant for $553,632 from Pennsylvania Cdfi Network

Nonprofit Types

Business and community development organizationsCharities

Issues

Community improvementEconomic developmentBusiness and industry

Characteristics

State / local levelReceives government fundingTax deductible donationsAccepts online donations

General information

Address: 1300 W Lehigh Ave 100; Philadelphia, PA 19132
Metro area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County: Philadelphia County, PA
Website URL: npfp.org/
Phone: (215) 232-0516

IRS details

EIN: 23-2850840
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1996
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S31: Urban, Community Economic Development
NAICS code, primary: 522120: Savings Institutions
Parent/child status: Independent

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North Philadelphia Financial Partnership Neighborhood Progress Fund

Program areas at North Philadelphia Financial Partnership Neighborhood Progress Fund

Who funds North Philadelphia Financial Partnership Neighborhood Progress Fund

Personnel at North Philadelphia Financial Partnership Neighborhood Progress Fund

Financials for North Philadelphia Financial Partnership Neighborhood Progress Fund

Form 990s for North Philadelphia Financial Partnership Neighborhood Progress Fund

Organizations like North Philadelphia Financial Partnership Neighborhood Progress Fund

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