Fiscal year ending 2019. Filed on May 22, 2020.
PO Box 524
Ste 400
Lancaster, Pennsylvania 17608
Community First Fund (EIN: 23-2689714) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2019 IRS Form 990 filing, Community First Fund, a 501(c)(3) charitable organization, reported compensation for 7 out of 40 total employees. Among the employees shown here, the average compensation is $154,228. The highest compensated employee at Community First Fund is Daniel Betancourt with fiscal year 2019 compensation of $255,017.
Revenue
Expenses
Employee compensation
TO PROMOTE COMMUNITY AND WORK-BASED ECONOMIC DEVELOPMENT. THE ORGANIZATION PROVIDES LOANS FOR COMMUNITY PROJECTS AND TECHNICAL ASSISTANCE TO HOUSING & ECONOMIC DEVELOPMENT PROJECTS THAT HAVE A DIRECT AND MEASURABLE BENEFIT TO LOW INCOME PERSONS AND CONTRIBUTE TO SOCIAL PROGRESS AND ECONOMIC DEVELOPMENT IN THE SOUTH CENTRAL PENNSYLVANIA REGION. ON JULY 1, 2020, THE ORGANIZATION MERGED WITH FINANTA, A PHILADELPHIA BASED NONPROFIT CDFI LOAN FUND FOUNDED IN 1996. FINANTA CONVERTED TO A MEMBER OWNED NONPROFIT CORPORATION AND APPOINTED THE ORGANIZATION AS ITS SOLE MEMBER. BY VIRTUE OF THE ORGANIZATION BEING THE SOLE MEMBER OF FINANTA, FINANTA IS CONSIDERED A SUBSIDIARY OF THE ORGANIZATION. THE CONSOLIDATION OF THE TWO ORGANIZATIONS ADDED 19,959,381.
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