WEAVERLAND FINANCIAL AID

Address
1601 LINCOLN ROAD
LITITZ, PA 17543
Contact
Phone: +1 (717) 738-0866
Nonprofit
NTEE: A40 - Visual Arts Organizations
EIN: 23-3017873

Mission

THE PROGRAM BORROWS FUNDS FROM MEMBERS OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH TO RE-LEND TO YOUNG MENNONITE PERSONS OF THE COMMUNITY AT A LOW INTEREST RATE. THIS PROGRAM IS DESIGNED TO HELP PRESERVE AND MAINTAIN THE RELIGIOUS BELIEFS, CULTURAL TRADITIONS AND LIFESTYLE OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH AND ALLOWS YOUNG MENNONITE PERSONS TO ESTABLISH THEMSELVES IN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.
 201720162015
Basic features of the organization
Year of formation1999
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area4000
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$83,704.00$65,979.00$57,221.00
Sum of reportable (W2/1099) compensation$74,466.00$67,905.00$59,296.00
Number of employees000
Number of volunteers121224
Personnel
Brubacher, Glenn
TitleSECRETARYSECRETARYSECRETARY
Name of key/compensated personGLENN BRUBACHERGLENN BRUBACHERGLENN BRUBACHER
Average hours per week working for org5.005.005.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Fox, Raymond
TitleCHAIRMANCHAIRMANCHAIRMAN
Name of key/compensated personRAYMOND S FOXRAYMOND S FOXRAYMOND S FOX
Average hours per week working for org5.005.005.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Horning, Melvin
TitleVICE CHAIRMAVICE CHAIRMAVICE CHAIRMA
Name of key/compensated personMELVIN H HORNINGMELVIN H HORNINGMELVIN H HORNING
Average hours per week working for org5.005.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Hurst, Earl
TitleTREASURERTREASURERTREASURER
Name of key/compensated personEARL S HURSTEARL S HURSTEARL S HURST
Average hours per week working for org5.005.005.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Martin, Mark
TitleADMINISTRATOADMINISTRATOADMINISTRATO
Name of key/compensated personMARK N MARTINMARK N MARTINMARK N MARTIN
Average hours per week working for org8.008.008.00
Reportable compensation from org$74,466.00$67,905.00$59,296.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Newswanger, John
TitleASSISTANT TRASSISTANT TRASSISTANT TR
Name of key/compensated personJOHN NEWSWANGERJOHN NEWSWANGERJOHN NEWSWANGER
Average hours per week working for org5.005.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Nolt, Carl
TitleASSISTANT SEASSISTANT SEASSISTANT SE
Name of key/compensated personCARL NOLTCARL NOLTCARL NOLT
Average hours per week working for org5.005.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Seibel, Jordan
TitleASSISTANT ADASSISTANT ADASSISTANT AD
Name of key/compensated personJORDAN K SEIBELJORDAN K SEIBELJORDAN K SEIBEL
Average hours per week working for org5.005.0030.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Zimmerman, David
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personDAVID ZIMMERMANDAVID ZIMMERMANDAVID ZIMMERMAN
Average hours per week working for org5.005.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTHE PROGRAM BORROWS FUNDS FROM MEMBERS OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH TO RE-LEND TO YOUNG MENNONITE PERSONS OF THE COMMUNITY AT A LOW INTEREST RATE. THIS PROGRAM IS DESIGNED TO HELP PRESERVE AND MAINTAIN THE RELIGIOUS BELIEFS, CULTURAL TRADITIONS AND LIFESTYLE OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH AND ALLOWS YOUNG MENNONITE PERSONS TO ESTABLISH THEMSELVES IN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.THE PROGRAM BORROWS FUNDS FROM MEMBERS OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH TO RE-LEND TO YOUNG MENNONITE PERSONS OF THE COMMUNITY AT A LOW INTEREST RATE. THIS PROGRAM IS DESIGNED TO HELP PRESERVE AND MAINTAIN THE RELIGIOUS BELIEFS, CULTURAL TRADITIONS AND LIFESTYLE OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH AND ALLOWS YOUNG MENNONITE PERSONS TO ESTABLISH THEMSELVES IN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.THE PROGRAM BORROWS FUNDS FROM MEMBERS OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH TO RE-LEND TO YOUNG MENNONITE PERSONS OF THE COMMUNITY AT A LOW INTEREST RATE. THIS PROGRAM IS DESIGNED TO HELP PRESERVE AND MAINTAIN THE RELIGIOUS BELIEFS, CULTURAL TRADITIONS AND LIFESTYLE OF THE WEAVERLAND CONFERENCE MENNONITE CHURCH AND ALLOWS YOUNG MENNONITE PERSONS TO ESTABLISH THEMSELVES IN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.
Program expenses (total)$4,529,780.00$4,115,990.00$3,558,143.00
Programs, including revenue & expenses
THE PROGRAM HAS EXTENDED LOANS TO APPROXIMATELY 643 YOUNG MENNONITE PERSONS, THEREBY ALLOWING THEM TO ACQUIRE HOMES, FARMS, AGRICULTURAL OR OTHER BUSINESS RELATED FINANCING NEEDS AND TO BECOME ESTABLISHED WITHIN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.
Program expenses$4,529,780.00$4,115,990.00$3,558,143.00
Program revenue$5,066,502.00$4,591,170.00$3,800,621.00
Program descriptionTHE PROGRAM HAS EXTENDED LOANS TO APPROXIMATELY 643 YOUNG MENNONITE PERSONS, THEREBY ALLOWING THEM TO ACQUIRE HOMES, FARMS, AGRICULTURAL OR OTHER BUSINESS RELATED FINANCING NEEDS AND TO BECOME ESTABLISHED WITHIN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.THE PROGRAM HAS EXTENDED LOANS TO APPROXIMATELY 608 YOUNG MENNONITE PERSONS, THEREBY ALLOWING THEM TO ACQUIRE HOMES, FARMS, AGRICULTURAL OR OTHER BUSINESS RELATED FINANCING NEEDS AND TO BECOME ESTABLISHED WITHIN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.THE PROGRAM HAS EXTENDED LOANS TO APPROXIMATELY 556 YOUNG MENNONITE PERSONS, THEREBY ALLOWING THEM TO ACQUIRE HOMES, FARMS, AGRICULTURAL OR OTHER BUSINESS RELATED FINANCING NEEDS AND TO BECOME ESTABLISHED WITHIN THE WEAVERLAND CONFERENCE MENNONITE COMMUNITY.
Financial data
Expense categories (totals)
Sum (total functional expenses)$4,660,940.00$4,230,642.00$3,657,131.00
Program services (total functional expenses)$4,529,780.00$4,115,990.00$3,558,143.00
Management & general (total functional expenses)$131,160.00$114,652.00$98,988.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$5,115,492.00$4,624,501.00$3,861,312.00
Program service revenue (total)$5,066,502.00$4,591,170.00$3,800,621.00
Revenue from contributions (total)  $0.00
Investment income$48,990.00$33,331.00$60,691.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00
Gross receipts$5,115,492.00$4,624,501.00$3,861,312.00
Other types of revenue
Income from dividends, interest, and similar investments$48,990.00$33,331.00$60,691.00
Net rental income  $0.00
Fees for services
Legal fees (total)$19,662.00$23,800.00$19,373.00
Fundraising service fees (total)$0.00$0.00$0.00
Accounting service fees (total)$18,870.00$15,899.00$14,502.00
Assets and liabilities
Total assets$159,366,290.00$145,424,391.00$128,226,527.00
Total assets, beginning of year$145,424,391.00$128,226,527.00$112,077,938.00
Total liabilities$158,258,417.00$144,569,070.00$127,615,065.00
Total liabilities, beginning of year$144,569,070.00$127,615,065.00$111,533,335.00
Loans & receivables from key persons  $66,266.00
Net assets$1,107,873.00$855,321.00$611,462.00
Net assets, beginning of year$855,321.00$611,462.00$544,603.00
Other assets$253,099.00$288,950.00$214,357.00
Loans and other payables to key persons$1,719,853.00$1,531,412.00$2,257,720.00
Other financial variables
Revenue less expenses$454,552.00$393,859.00$204,181.00
Savings & temp cash investment$6,691,094.00$3,671,931.00$5,878,356.00
Accounts payable & accrued expenses$10,604.00$8,201.00$7,210.00
Unsecured notes & loans to unrelated parties$156,527,960.00$143,029,457.00$125,350,135.00
Total net assets or fund balances$1,107,873.00$855,321.00$611,462.00
Governance and accountability
Number of voting members777
Number of independent voting members777
Financial sheets auditedTrueTrueTrue
Tax year start date2016-08-012015-08-012014-08-01
Tax year end date2017-07-312016-07-312015-07-31
Accounting methodAccrualAccrualAccrual
Indicators for schedules (selected)
Outstanding loan to key person or disqualified personTrueTrueTrue
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-09-132017-09-112016-08-11
IRS schema version2016v3.12015v3.02014v6.0
Filing identifier201801639349300965201711469349300706201641599349300119
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