Program areas at Pennsylvania Assistive Technology Foundation
Pennsylvania Assistive Technology Foundation (patf) is a non-profit, community development financial institution (cdfi) and pa's alternative financing program, as designated by the Assistive Technology act, that provides no-interest mini-loans ($100 to $7,000) to qualified applicants for the purchase of Assistive Technology devices and services. Patf may also award a partial grant to those borrowers who meet eligibility guidelines. In addition, patf is a credit broker and has contracted with malvern bank, univest bank, and wsfs bank to extend low-interest loans ($7,001 to $60,000) for Assistive Technology. Patf may provide a loan guarantee (up to $35,000) should an applicant's credit not meet traditional lending standards, but he / she can demonstrate an ability and willingness to repay a loan. Patf staff provides extensive information and assistance services to pennsylvanians regarding other possible funding sources. Patf's products and services also include financial education and coaching, all underwriting activities related to borrowing, and the reporting of repayments to credit bureaus so that borrowers have an opportunity to improve their overall credit worthiness.
Who funds Pennsylvania Assistive Technology Foundation
Grants from foundations and other nonprofits
Personnel at Pennsylvania Assistive Technology Foundation
Name | Title | Compensation | Date of data |
---|
Ben Laudermilch | Chief Executive Officer | $67,768 | 2023-12-05 |
Tracy Beck | Lending and Operations Director | $107,030 | 2023-06-30 |
Susan Tachau | Past Chief Executive Officer Thru Sept , Chief Information Officer Oct Thru June | $175,387 | 2023-06-30 |
Derek Baker | Immediate Past President | $0 | 2023-06-30 |
Peter Kennedy | Vice - President Through April | $0 | 2023-06-30 |
...and 5 more key personnel |
Financials for Pennsylvania Assistive Technology Foundation
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $1,469,633 | $2,391,458 | -38.5% |
Program services | $0 | $0 | - |
Investment income and dividends | $52,126 | $54,446 | -4.3% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $83,989 | $69,672 | 20.5% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $2,705 | $707 | 282.6% |
Total revenues | $1,608,453 | $2,516,283 | -36.1% |
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Data update history
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 5, 2024
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Human service organizationsHeadquarter / parent organizationsCharities
Issues
Human services
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donations
General information
- Address
- 1004 W 9th Ave First Floor
- King of Prussia, PA 19406
- Metro area
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- County
- Montgomery County, PA
- Website URL
- patf.us/Â
- Phone
- (484) 674-0506
IRS details
- EIN
- 23-2953796
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1998
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- P80: Services to Promote the Independence of Specific Population Groups
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Central organization
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