2024-11-18T00:23:16-05:00 2024-09-30 990 2023-10-01 231663795 MANHEIM CENTRAL SCHOOL DISTRICT STUDENT LOAN FUND ASSOCIATION % Nate Campbell MANH 7172030458 243 FAIRVIEW RD MANHEIM PA 175459610 Scott Moyer Moyer Scott Moyer 2024-11-18 2023 2024-10-15 13:58:12Z Nate Campbell 209 Julia Lane MANHEIM PA 17545 59809 false X www.baronloan.org X 1957 PA Education assistance through providing loans to Manheim Central High School graduates 198 as of September 30 2024 that pursue further education assisted 1,075 students since inception in 1957. Funding is through local community contributions and interest income from student loans and cash 11 11 0 11 0 0 25436 29380 18400 18307 9443 12122 0 0 53279 59809 0 0 0 0 0 0 0 0 0 1567 1733 1567 1733 51712 58076 1774520 1832596 0 0 1774520 1832596 Community organization that provides student loans for Manheim Central High School graduates 198 as of September 30 2024 and 1,075 in our 67 years that pursue further education. The maximum loan is $16,000 and distributed to the college university trade school annually in equal installments over four years. Payment including interest is deferred while students are completing education and matures must be repaid within five years of receiving associates or bachelors degree trade school certificate or leaving school. false false 1733 0 59809 See Schedule O 0 0 0 0 0 0 0 0 0 1733 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false 0 false false false false false false false 0 0 false false false X 11 11 false false false false false false false true true false false true true true true false false false false false PA X Scott Moyer 7172030458 243 Fairview Road Manheim PA 175459610 X Nate Campbell Board - President 1.00 0.00 X X 0 0 0 John Philips Board - Vice President 0.25 0.00 X X 0 0 0 Scott Moyer Board - Treasurer 3.00 0.00 X X 0 0 0 Tim Bruckhart Board - Assistant Treasurer 4.00 0.00 X X 0 0 0 Renee Kowalchik Board - Secretary 0.50 0.00 X X 0 0 0 Corby Burkholder Board Member 0.25 0.00 X 0 0 0 Jason Hondru Board Member 0.25 0.00 X 0 0 0 Robert Kreider Board Member 0.25 0.00 X 0 0 0 Steven Young Board Member 0.25 0.00 X 0 0 0 Claudia Zug Board Member 0.25 0.00 X 0 0 0 Laurie McClure Board Member 0.25 0.00 X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 29380 0 29380 Student Loan Interest 18307 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18307 12122 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 59809 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 627 627 0 0 0 0 0 0 0 0 0 0 70 70 0 0 886 886 0 0 0 0 0 0 150 150 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1733 1733 0 0 0 0 0 0 371115 289406 0 0 0 0 0 0 0 0 0 0 1403405 1543190 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1774520 1832596 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1774520 1832596 0 0 1774520 1832596 1774520 1832596 58076 0 0 0 0 0 X false false false X 89024 33850 67163 25436 29380 244853 0 0 0 0 0 0 0 0 0 0 0 0 89024 33850 67163 25436 29380 244853 244853 1252 169 251 9443 12122 23237 0 0 0 0 0 0 22330 18186 17174 18400 18307 94397 362487 0.6755 0.6840 X Part II - Line 10 | Year:, Amount:, Description:| 2019, 22330, Student Loan Interest Income| 2020, 18186Student Loan Interest Income| 2021, 17174Student Loan Interest Income| 2022, 18400Student Loan Interest Income| 2023, 18307Student Loan Interest Income| RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part VI, Line 12c The Association regularly and consistently monitors and enforces compliance with conflict-of-interest policy through regular meetings and discussions by the volunteer Board of Directors. Cash transactions are handled and reconciled by separate directors Segregation of Duties specifically Assistance Treasurer and Treasurer respectively. All transactions including cash are reviewed by a director not involved with the daily cash handling as determined required by members of the Boar of Directors. All transactions are reported to and reviewed by the Board of Directors semi-annually. Part III Line 4 | Explanation:| Line 4a - As of September 30 2024 198 Manheim Central High School graduates have received loans with 107 borrowers enrolled full-time and pursuing undergraduate degrees; 36 borrowers in payment deferred status 2024 graduate or post graduate continuing education; and 46 in repayment status. Manheim Central High School graduates apply for loans and if demand exceeds available funding recipients are selected based on criteria that includes but not limited to academic achievement community service social activities need and other considerations. 35 new loans were granted during the fiscal year ended September 30 2024. Total loan disbursements were $396,000 during the fiscal year ended September 30 2024 highest in MCSLF history. As noted in Part 1 of this Form 990 funding is received through contributions from Manheim businesses and community leaders and interest from restricted funds held at local financial institutions of $29,380 and $12,122 respectively during the fiscal year ended September 30 2024. As the Association is all 100% volunteers from and associated with the Manheim Pennsylvania community expenses of operating the Association were just $1,733 during the fiscal year ended September 30 2024 and were related to services provided by local financial institutions borrower correspondence and webpage on-line hosting services. Part VII General | Explanation:| Part VII Section A Line 1a is checked as the Association has no employees and 11-member Board of Trustees serve on volunteer basis