EIN 23-2855262

VestedIn

IRS 501(c) type
501(c)(3)
Num. employees
13
Year formed
1996
Most recent tax filings
2023-06-01
Description
Wpfsi mission is to facilitate economic empowerment and increased employment opportunities within the west philadelphia empowerment zone. Wpfsi also operates a program for high school students to provide insight into financial education, college planning and career planning. Vestedin's mission is to facilitate economic empowerment to small businesses & the community and increased employment opportunities in the philadelphia area.
Also known as...
West Philadelphia Financial Services Institution
Total revenues
$1,888,461
2023
Total expenses
$2,031,552
2023
Total assets
$8,094,075
2023
Num. employees
13
2023

Program areas at VestedIn

Provides economic empowerment to small businesses & the community and increased employment opportunities in the philadelphia area. Provides capital, technical assistance and financial services as an innovative response to a low-income community historically under served by traditional financial institutions. Vestedin also operates a program for high school students to provide insight into financial education, college planning and career planning.

Who funds VestedIn

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Pennsylvania Cdfi NetworkTech Assistance$232,941
National Basketball Association FoundationIn Support of Programs Enhancing Economic Empowerment in Black Communities.$100,000
Barra FoundationCatalyst Fund Grant$100,000
...and 5 more grants received

Personnel at VestedIn

NameTitleCompensation
James R BurnettExecutive Director$103,102
Robyn ChinVice Chairman$0
Naja MuhammadTreasurer$0
Malcolm YatesSecretary$0
Ismail ShahidChairman$0
...and 3 more key personnel

Financials for VestedIn

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,411,641
Program services$450,471
Investment income and dividends$8,982
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$17,367
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,888,461

Form 990s for VestedIn

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-06990View PDF
2022-062023-03-13990View PDF
2021-062022-05-15990View PDF
2020-062022-03-22990View PDF
2019-062020-08-25990View PDF
...and 8 more Form 990s
Data update history
May 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $100,000 from Barra Foundation
December 31, 2023
Received grants
Identified 5 new grant, including a grant for $100,000 from National Basketball Association Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
Fundraising eventsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
3675 Market St
Philadelphia, PA 19104
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
vestedin.org/our-story/ 
Phone
(215) 452-0100
IRS details
EIN
23-2855262
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
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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