2024-12-09T11:57:02-06:00 2024-06-30 232315910 BAUM SMITH & CLEMENS LLP 2060 DETWILER RD SUITE 125 HARLEYSVILLE PA 19438 990 2023-07-01 233002271 COMMUNITY LENDERS COMMUNITY DEVELOPMENT CORPORATION COMM 2157991340 120 E BROAD STREET SUITE 2 SOUDERTON PA 18964 AUDREY MCMICHAEL EXECUTIVE DIRECTOR 2157991340 2024-12-03 1 1 JUSTIN YODER P03014822 2153685755 2024-11-26 2023 2024-10-15 13:58:12Z STEVEN KOPENHAVER 120 E BROAD STREET SUITE 2 SOUDERTON PA 18964 2531165 0 X WWW.COMMUNITYLENDERSPA.ORG X 1999 PA COMMUNITY LENDERS COMMUNITY DEVELOPMENT CORPORATION IS A MULTI-BANK LENDING CONSORTIUM THAT PROVIDES LONG-TERM FINANCING IN BERKS, BUCKS, CHESTER, DELAWARE, LEHIGH, MONTGOMERY, NORTHAMPTON, AND PHILADELPHIA COUNTIES FOR PROJECTS THAT ADDRESS THE NEEDS OF LOW AND MODERATE-INCOME PERSONS AND AREAS. 32 32 2 32 0 0 0 0 2496411 2487219 15610 43946 0 0 2512021 2531165 0 0 0 0 106515 104157 0 0 0 2304487 2339903 2411002 2444060 101019 87105 54063262 57347634 53387131 56584398 676131 763236 TO PROMOTE AND FACILITATE COMMUNITY REVITALIZATION THROUGH THE FINANCING OF, AND INVESTMENT IN, HOUSING AND COMMUNITY DEVELOPMENT ACTIVITIES, WHICH WILL ADDRESS THE NEEDS OF LOW AND MODERATE INCOME PERSONS AND AREAS. 0 0 2349279 2487219 SINCE 1999, THE ORGANIZATION HAS SERVED OVER 88 AGENCIES IN SOUTH EASTERN PA. HOUSING HAS BEEN PROVIDED FOR MORE THAN 3,125 INDIVIDUALS AND FAMILIES BY DISPERSING MORE THAN $93 MILLION IN LOANS. 2349279 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 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 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X AUDREY MCMICHAEL 2157991340 120 E BROAD STREET SUITE 2 SOUDERTON PA 18964 STEVE KOPENHAVER CHAIR 1.00 X X 0 0 0 JOHN WEBER VICE CHAIR 1.00 X X 0 0 0 JEANNE FIELDS TREASURER 1.00 X X 0 0 0 JUDITH MEMBERG ASSISTANT TREASURER 1.00 X X 0 0 0 JUDITH HUNSICKER SECRETARY 1.00 X X 0 0 0 BRUCE KNIPE ASSISTANT SECRETARY 1.00 X X 0 0 0 LOUIS CIARLANTE DIRECTOR 1.00 X 0 0 0 ERIK CLARE DIRECTOR 1.00 X 0 0 0 JOSH CLARKSON DIRECTOR 1.00 X 0 0 0 MAREN COLON DIRECTOR 1.00 X 0 0 0 JIM DANNA DIRECTOR 1.00 X 0 0 0 LINDSAY DEORE-LAMBERT DIRECTOR 1.00 X 0 0 0 LISA DONNON DIRECTOR 1.00 X 0 0 0 LYNDA HALEY DIRECTOR 1.00 X 0 0 0 CHRISTIAN LYTER DIRECTOR 1.00 X 0 0 0 CLARENCE MATRINDELL DIRECTOR 1.00 X 0 0 0 LEO PEDROTTY DIRECTOR 1.00 X 0 0 0 STEPHEN PERUN DIRECTOR 1.00 X 0 0 0 KAREN PFEIFER DIRECTOR 1.00 X 0 0 0 PATRICK RICE DIRECTOR 1.00 X 0 0 0 SHERWOOD ROBBINS DIRECTOR 1.00 X 0 0 0 JOSEPH ROSSELLI DIRECTOR 1.00 X 0 0 0 DAN SACHO DIRECTOR 1.00 X 0 0 0 JENNIFER SCHELL DIRECTOR 1.00 X 0 0 0 JOSEPH SCHUPP DIRECTOR 1.00 X 0 0 0 KATHLEEN SHEPHERD DIRECTOR 1.00 X 0 0 0 BRIAN SNYDER DIRECTOR 1.00 X 0 0 0 ALAN TURNER DIRECTOR 1.00 X 0 0 0 DAVE WALBRANDT DIRECTOR 1.00 X 0 0 0 TOM WALLER DIRECTOR 1.00 X 0 0 0 JIM WESTGATE DIRECTOR 1.00 X 0 0 0 JAMES WHITTON DIRECTOR 1.00 X 0 0 0 AUDREY MCMICHAEL EXECUTIVE DIRECTOR 40.00 X 96140 0 2884 96140 0 2884 0 0 0 0 0 MORTAGAGE INTEREST 522100 2343421 2343421 LOAN SERVICE FEES 522100 133798 133798 MEMBERSHIP FEES 522100 10000 10000 2487219 43946 43946 2531165 2487219 0 43946 75724 37862 37862 18259 12784 5475 774 659 115 9400 5100 4300 30410 10375 20035 13527 13527 21116 7155 13961 7362 2362 5000 2866 116 2750 2258521 2258521 424 141 283 5677 677 5000 2444060 2349279 94781 0 92505 391866 1193025 1196118 25000 35000 430 430 29354 29354 424 0 52650121 55724220 101757 0 54063262 57347634 10429 16434 25000 35000 101757 0 53249945 56532964 53387131 56584398 X 676131 763236 676131 763236 54063262 57347634 87105 0 X X 0 1 X 1 0 X 2399217 1872410 2126766 2496411 2487219 11382023 2399217 1872410 2126766 2496411 2487219 11382023 0 1028876 906809 1071095 1064883 1211348 5283011 1028876 906809 1071095 1064883 1211348 5283011 6099012 15238 6992 3183 15610 43946 84969 15238 6992 3183 15610 43946 84969 2414455 1879402 2129949 2512021 2531165 11466992 0.53190 0.54770 0.00740 0.00430 X 1 101757 101757 0 1 29354 29354 0 0 LOAN RECEIVABLE 55724220 C 55724220 X 2531165 0 2531165 0 2531165 2444060 0 2444060 0 2444060 PART IV, LINE 1B: ESCROW LIABILITY ARRANGEMENT EXPLANATION THE ORGANIZATION HAS SIGNED AGREEMENTS TO ACT AS ESCROW AGENT TO HOLD AND ADMINISTER VARIOUS FUNDS FOR A CUSTOMER. THESE FUNDS ARE TO BE HELD IN AN INTEREST BEARING INVESTMENT ACCOUNT UNTIL DISBURSEMENT. THE ORGANIZATION DOES NOT RETAIN TITLE TO THESE FUNDS AND PERFORMS SOLELY AS ESCROW AGENT. PART X, LINE 2: THE ORGANIZATION IS REQUIRED TO RECOGNIZE, MEASURE, CLASSIFY AND DISCLOSE IN THE FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURNS. MANAGEMENT HAS DETERMINED THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. THEIR FEES ARE CONSIDERED VOLUNTARY, NONRECIPRICAL, AND UNCONDITIONAL TO THE ORGANIZATION AND ARE RECORDED IN THE YEAR RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES THE FORM 990 TO THE BOARD TO REVIEW IN DETAIL BEFORE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS DISTRIBUTED ANNUALLY AT A BOARD MEETING. THE BOARD MEMBERS SIGN OFF ON THE FORM (THE MAJORITY ARE COLLECTED AT THE MEETING). A MASTER LIST OF BOARD MEMBERS IS KEPT AND ANY OUTSTANDING FORMS ARE PERSUED UNTIL ALL ARE COLLECTED. THE LOAN COMMITTEE MONITORS THE FORMS AND REQUESTS ANY BOARD MEMBER TO ABSTAIN IF A CONFLICT IS NOTED AND THIS IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION PROCESS CONSISTS OF TWO PHASES. FIRST, THE BOARD PRESIDENT GIVES THE EXECUTIVE DIRECTOR A LIST OF QUESTIONS TO COMPLETE (IE. SHORT-TERM GOALS, LONG-TERM GOALS, ACCOMPLISHMENTS, ETC.). THE QUESTIONS ARE ANSWERED AND THEN SHARED WITH THE EXECUTIVE COMMITTEE AND THEN EITHER THE ENTIRE BOARD OR SELECTED MEMBERS OF THE BOARD. BOARD MEMBERS COMPLETE THE SECOND PHASE OF THE REVIEW. THE COMPENSATION IS A REFLECTION OF THE REVIEW, ACTIVITY GENERATED FOR THE ORGANIZATION, THE CURRENT ECONOMY, AND THE EXPERIENCE OF THE BOARD. THE ORGANIZATION ALSO REVIEWS SIMILAR ORGANIZATIONS COMPENSATION. SALARY CHANGES AND BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE A SUMMARY OF THE ACTIVITIES AND STRUCTURE OF THE ORGANIZATION AND A CONFLICT OF INTEREST STATEMENT. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND ARE INCLUDED ON THE ANNUAL REPORT IN AN ABBREVIATED FORMAT. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT MADE ANY CHANGES TO ITS OVERSIGNT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.