2025-10-03T00:32:56-05:00 2025-06-30 232108173 RKL LLP 3501 CONCORD ROAD STE 250 YORK PA 17402 990 2024-08-29 994688475 LANCASTER HOUSING FUND I LANC 7172934400 1861 WILLIAM PENN WAY LANCASTER PA 17601 RACHEL SCARPATO TREASURER 7172934400 2025-10-02 1 0 DOUGLAS L BERMAN CPA P01269555 7178433804 2025-10-02 2024 2025-03-06 01:10:19Z X DIANA MARTIN 1861 WILLIAM PENN WAY LANCASTER PA 17601 500000 0 X N/A X 2024 PA DEVELOP A SCALABLE PLATFORM TO ADD OR MAINTAIN HIGH QUALITY WORKFORCE/AFFORDABLE HOUSING FOR RESIDENTS OF LANCASTER COUNTY AND THE SURROUNDING AREA. 7 7 0 11 0 0 500000 0 0 0 500000 0 0 0 0 12700 151874 151874 348126 4941033 4592907 348126 DEVELOP A SCALABLE PLATFORM TO ADD OR MAINTAIN HIGH QUALITY WORKFORCE/AFFORDABLE HOUSING FOR RESIDENTS OF LANCASTER COUNTY AND THE SURROUNDING AREA. 0 0 13050 DEVELOP A SCALABLE PLATFORM TO ADD OR MAINTAIN HIGH QUALITY WORKFORCE/AFFORDABLE HOUSING FOR RESIDENTS OF LANCASTER COUNTY AND THE SURROUNDING AREA. 13050 1 1 0 0 0 0 0 0 0 0 0 0 0 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 X 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X RACHEL SCARPATO 7172934423 1861 WILLIAM PENN WAY LANCASTER PA 17601 X THOMAS BALDRIDGE CHAIR 2.90 X X 0 0 0 RACHEL H SCARPATO TREASURER 3.40 X X 0 0 0 ANDY DULA TRUSTEE 1.50 X 0 0 0 COREY MEYER TRUSTEE 1.50 X 0 0 0 SUSAN WATERFIELD TRUSTEE 1.50 X 0 0 0 J BRAD MOWBRAY TRUSTEE 1.50 X 0 0 0 SHELBY NAUMAN TRUSTEE 1.50 X 0 0 0 DIANA MARTIN EXECUTIVE DIRECTOR 9.10 X 0 0 0 JOYCE THORNTON SECRETARY 1.50 X 0 0 0 0 0 0 0 0 0 0 0 500000 500000 500000 0 0 0 X 99839 99839 37050 13050 12000 12000 953 253 700 12855 12855 663 663 116 116 MISCELLANEOUS EXPENSE 398 398 151874 13050 126124 12700 0 4528200 0 400000 0 5558 0 7275 0 4941033 0 92907 0 4500000 0 4592907 X 0 -51874 0 400000 0 348126 0 4941033 348126 0 X X 0 1 X 1 0 X 500000 500000 500000 500000 500000 500000 0 500000 500000 0 500000 500000 X PART III, SHORT YEAR EXPLANATION: THE 2024 TAX YEAR IS A SHORT YEAR BECAUSE THE ORGANIZATION WAS INCORPORATED IN AUGUST 2024 AND ENDED IN JUNE 2025. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 544781 44781 44781 500000 0 500000 196655 44781 44781 151874 0 151874 PART X, LINE 2: ACCOUNTING PRINCIPLES REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION WAS FORMED ON AUGUST 29, 2024 AND, THEREFORE, IS NOT SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S FEDERAL, STATE, OR LOCAL TAX AUTHORITIES PRIOR TO THAT DATE. FORM 990, PART V, LINE 1C: THE ORGANIZATION DID NOT HAVE ANY INSTANCES WHERE BACKUP WITHHOLDING WAS REQUIRED; HOWEVER, IF THE SITUATION WOULD ARISE, THE ORGANIZATION IS AWARE OF THE REPORTING REQUIREMENTS AND WOULD HANDLE THAT ACCORDINGLY. FORM 990, PART VI, SECTION A, LINE 2 TOM BALDRIGE IS A TRUSTEE OF HIGH FOUNDATION WHICH OWNS A 100% INTEREST IN HIGH ASSOCIATES, LTD. WHICH EMPLOYS BRAD MOWBRAY. RACHEL SCARPATO IS AN EMPLOYEE OF HIGH FAMILY OFFICE WHICH HAS SERVICE AGREEMENTS WITH HIGH FOUNDATION AND HIGH COMPANIES (WHICH INCLUDES HIGH ASSOCIATES, LTD. AS AN AFFILIATE). FORM 990, PART VI, SECTION B, LINE 11B DRAFT FORM 990 IS PROVIDED VIA EMAIL TO ALL BOARD MEMBERS WITH A REQUEST TO PROVIDE FEEDBACK BY A CERTAIN DATE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REGULARLY REFERENCED IN BOARD MEETINGS AND THE EXECUTIVE DIRECTOR AND TREASURER ACTIVELY LOOK FOR POTENTIAL CONFLICTS AND RAISE WITH THE CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS COMPARED WITH OTHER NON-PROFITS IN THIS SPACE AND THE PROCESS FOR EVALUATING AND DETERMINING IS DOCUMENTED AS PART OF THE BOARD MEETING MINUTES PROCESS. COMPENSATION IS DOCUMENTED IN A MEMO KEPT AS PART OF THE ACCOUNTING RECORDS. THERE ARE CURRENTLY NO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 LANCASTER HOUSING FUND I DOES MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION. THE FINANCIAL STATEMENTS CAN ALSO BE VIEWED AT THE BUSINESS OFFICE OF LANCASTER HOUSING FUND UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 13,050. MANAGEMENT AND GENERAL EXPENSES 12,000. FUNDRAISING EXPENSES 12,000. TOTAL EXPENSES 37,050. FORM 990, PART XII, LINE 2C: THE BOARD ACTS AS THE FINANCE COMMITTEE AND ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.