EIN 23-2788924

Tenfold Community Lending

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
1994
Most recent tax filings
2023-06-01
Description
Tenfold sparks the power in all people to achieve equitable housing and financial security. We are the trusted Community partner innovatively building wealth and achieving quality, fair and affordable housing for all, through proactive coaching, education, Lending and advocacy. To cultivate partnerships and resources to increase the availability of quality, fair, and affordable housing for low to moderate income residents throughout lancaster county. Please see form 990, page 2, part iii, no. 1.
Related structure
Tenfold Community Lending is a subordinate organization under Tenfold.
Also known as...
Lancaster Housing Opportunity Partnership
Total revenues
$629,161
2023
Total expenses
$720,736
2023
Total assets
$11,400,110
2023
Num. employees
7
2023

Program areas at Tenfold Community Lending

The homebuyer program provided closing cost loans averaging $9,814 that enable 35 low and moderate income families to purchase their first home. The total amount of closing cost loans originated was $343,500. The loans are provided interest free with payment deferred until resale.
The local housing investment trust fund (lhift) is a revolving loan fund for flexible, low interest loans to support and stimulate the creation, rehabilitation, and preservation of affordable housing and mixed-use projects within the south central Pennsylvania counties of adams, cumberland, dauphin, franklin, lancaster, lebanon, perry and york. No loans were made in the fiscal year.

Who funds Tenfold Community Lending

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Wells Fargo Regional FoundationSouthwest Lancaster Neighborhood Revitalization Strategy$237,500
The Steinman FoundationGrant$125,000
The Robert J Gunterberg Charitable FoundationOperating Grant$60,000
...and 3 more grants received

Personnel at Tenfold Community Lending

NameTitleCompensation
Shelby NaumanChief Executive Officer$0
Andrew KehlTreasurer$0
Charity WelchSecretary$0
Jeff ScheurenChair / Vice President / Board Member$0
Abby TuckerVice Chair / Secretary$0
...and 4 more key personnel

Financials for Tenfold Community Lending

RevenuesFYE 06/2023
Total grants, contributions, etc.$283,560
Program services$0
Investment income and dividends$345,601
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$629,161

Form 990s for Tenfold Community Lending

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-03990View PDF
2022-062023-02-15990View PDF
2021-062022-07-11990View PDF
2020-062021-04-14990View PDF
2019-062019-11-01990View PDF
...and 9 more Form 990s
Data update history
August 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 8, 2024
Updated personnel
Identified 1 new personnel
July 14, 2024
Used new vendors
Identified 1 new vendor, including
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from Pryor E and Arlene R Neuber Charitable Trust
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $60,000 from The Robert J Gunterberg Charitable Foundation
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
308 E King St
Lancaster, PA 17602
Metro area
Lancaster, PA
County
Lancaster County, PA
Website URL
wearetenfold.org/ 
Phone
(717) 397-5182
IRS details
EIN
23-2788924
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
Free account sign-up

Want updates when Tenfold Community Lending has new information, or want to find more organizations like Tenfold Community Lending?

Create free Cause IQ account