EIN 23-2953796

Pennsylvania Assistive Technology Foundation

IRS 501(c) type
501(c)(3)
Num. employees
17
Year formed
1998
Most recent tax filings
2023-06-01
Description
The Pennsylvania Assistive Technology Foundation provides education and financing opportunities for people with disabilities and advocates for them, helping them to acquire assistive technology devices and services that improve the quality of their lives. As a non-profit community development financial institution and PA's alternative financing program, designated by the Assistive Technology Act, PATF offers no-interest mini-loans ranging from $100 to $7,000.
Total revenues
$1,608,453
2023
Total expenses
$1,862,324
2023
Total assets
$3,687,655
2023
Num. employees
17
2023

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
GrantmakerDescriptionAmount
Philadelphia Foundation (PF)Leadership$50,000
The Blackbaud Giving FundGeneral Support$25,000
The Foundation for Enhancing Communities (TFEC)Health$20,000
...and 4 more grants received

Personnel at Pennsylvania Assistive Technology Foundation

NameTitleCompensation
Ben LaudermilchChief Executive Officer$67,768
Tracy BeckLending and Operations Director$107,030
Susan TachauPast Chief Executive Officer Thru Sept , Chief Information Officer Oct Thru June$175,387
Derek BakerImmediate Past President$0
Peter KennedyVice - President Through April$0
...and 5 more key personnel

Financials for Pennsylvania Assistive Technology Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,469,633
Program services$0
Investment income and dividends$52,126
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$83,989
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,705
Total revenues$1,608,453

Form 990s for Pennsylvania Assistive Technology Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-05990View PDF
2022-062023-03-24990View PDF
2021-062022-02-16990View PDF
2020-062021-04-05990View PDF
2019-062020-01-17990View PDF
...and 9 more Form 990s
Data update history
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 5, 2024
Updated personnel
Identified 5 new personnel
December 31, 2023
Received grants
Identified 4 new grant, including a grant for $100,000 from The Foundation for Enhancing Communities (TFEC)
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/ 
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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