2026-04-07T14:46:27-04:00 2025-06-30 841739458 EMC CPAS LLC 36 E KING ST LANCASTER PA 17602 990 2024-07-01 232689714 COMMUNITY FIRST FUND COMM 7173932351 PO BOX 524 LANCASTER PA 176080524 DARIO BELLOT CFO ('25-'26) 7173932351 2026-04-01 true true THOMAS A WOBBER CPA P01276864 7173930767 2026-04-01 X 2024 2025-03-06 01:10:19Z EXTENSION GRANTED TO 5152026 DANIEL BETANCOURT 51 SOUTH DUKE STREET STE 400 LANCASTER PA 17602 39961210 false X WWW.COMMUNITYFIRSTFUND.ORG X 1992 PA TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO HOUSING & ECONOMIC DEVELOPMENT PROJECTS THAT HAVE A DIRECT AND MEASURABLE BENEFIT FOR LOW INCOME PERSONS AND CONTRIBUTE TO SOCIAL PROGRESS AND ECONOMIC DEVELOPMENT. 12 12 89 0 13117996 27835534 9477436 12125676 0 0 22595432 39961210 861117 15940585 0 8241776 10112449 0 1095472 5635926 8601509 14738819 34654543 7856613 5306667 146347142 175119412 91022592 116102833 55324550 59016579 X 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. false false 29291103 15940585 9971298 COMMUNITY FIRST FUND PROMOTES COMMUNITY AND ECONOMIC DEVELOPMENT BY PROVIDING AFFORDABLE LOANS TO ENTITIES THROUGHOUT CENTRAL AND EASTERN PENNSYLVANIA, INCLUDING SMALL BUSINESSES, DEVELOPERS OF AFFORDABLE HOUSING, COMMUNITY-BASED ORGANIZATIONS, WOMEN, PEOPLE OF COLOR. DURING THE YEAR ENDING JUNE 30, 2025, THE ORGANIZATION CLOSED 348 NEW LOANS. THE ORGANIZATION FINANCED 424 HOUSING UNITS FOR LOW AND MODERATE INCOME INDIVIDUALS. THROUGH THE ORGANIZATIONS FINANCING EFFORTS, 3,312 JOBS WERE CREATED OR RETAINED, AND 1,234,212 SQUARE FEET OF BUSINESS REAL ESTATE WAS DEVELOPED OR REHABBED. IN MARCH 2020 IN RESPONSE TO THE COVID-19 PANDEMIC, THE ORGANIZATION SHIFTED ITS FOCUS TO PARTICIPATION IN AND PROMOTION OF VARIOUS GRANT AND LOAN PROGRAMS TO BUSINESSES LOCATED IN LOW-INCOME COMMUNITIES AND OWNED BY PEOPLE OF COLOR. BY JUNE 30, 2020, THE ORGANIZATION HAD DIRECTLY PROVIDED EMERGENCY FINANCIAL RELIEF IN THE FORM OF LOW-INTEREST LOANS TO 24 BUSINESSES AND HAD MANAGED THE PROGRAM TO FUND 461 SBA PAYCHECK PROTECTION PROGRAM LOANS TOTALING 15,784,735 THROUGH ITS SUBSIDIARY COMMUNITY FIRST CAPITAL CORP. 2154378 NEW MARKETS TAX CREDIT PROGRAM TO DATE THE ORGANIZATION WAS GRANTED 90 MILLION OF NEW MARKETS TAX CREDIT ALLOCATION FROM THE US TREASURY. THE ORGANIZATION HAS ENTERED INTO AGREEMENTS WITH INVESTOR MEMBERS TO FUND 14 NEW MARKETS TAX CREDIT PROJECTS THROUGHOUT CENTRAL AND EASTERN PA. EIGHT PROJECTS ARE REMAINING AT 6/30/2025. 29291103 true true false false false false false false false false true false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true true true false false true 354 0 89 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false true true true true true true true true true true false PA X X THE ORGANIZATION 7173932351 51 SOUTH DUKE STREET STE 400 LANCASTER PA 17602 DANIEL BETANCOURT PRESIDENT & 60.00 1.00 X 385375 0 42809 JONATHAN ENCARNACION SENIOR VP CH 40.00 1.00 X 206465 0 44852 JOAN BRODHEAD CHIEF STRAT. 48.00 1.00 X 208549 0 29202 DRAGAN DODIK SENIOR VP CH 40.00 1.00 X 187621 0 34777 JAMES BUERGER LENDER 50.00 1.00 X 167679 0 38921 EDWARD GALLAGHER SENIOR VP CH 40.00 1.00 X 197850 0 7829 ELIZABETH BENNETT CFO ('24-'25 45.00 1.00 X 180091 0 12309 VEDER REDICK VP COMMUNITY 40.00 1.00 X 142438 0 21165 ALBA FERNANDEZ SEN VP/ LEND 40.00 1.00 X 143158 0 19207 LENIN AGUDO BOARD MEMBER 1.00 1.00 X 0 0 0 JONATHAN BOWSER CHAIR 1.00 1.00 X X 0 0 0 NATALIA DOMINGUEZ BUCKLEY BOARD MEMBER 1.00 1.00 X 0 0 0 MARILYN BROWN SECRETARY 1.00 1.00 X X 0 0 0 SAMUEL T COOPER ESQ BOARD MEMBER 1.00 1.00 X 0 0 0 DR GREGORY EDWARDS BOARD MEMBER 1.00 1.00 X 0 0 0 CARLOS LOPEZ BOARD MEMBER 1.00 1.00 X 0 0 0 R ERIC MENZER BOARD MEMBER 1.00 1.00 X 0 0 0 LAWRENCE MCCOMIE VICE CHAIR 1.00 1.00 X X 0 0 0 ABRAHAM PARDO BOARD MEMBER 1.00 1.00 X 0 0 0 JENNIFER RODRIGUEZ BOARD MEMBER 1.00 1.00 X 0 0 0 ROBERT TORRES TREASURER 1.00 1.00 X X 0 0 0 1819226 251071 26 false true false LUIS PASTOR ADVISORS 1 SAGEWOOD PLACE DURHAM NC 27705 ECONOMIC DEVELO 218600 CINDY STEWART 10 N MARKET ST UNIT 402 LANCASTER PA 17603 HUMAN RESOURCES 181831 RC TAYLOR GROUP PO BOX 4 WESTTOWN PA 19395 EXEC TRAINING 131378 OSCAR LOPEZ 3530 MANASSAS AVENUE MELBOURNE FL 32934 CREDIT ANALYST 130477 SZ CONSULTING LLC 1507 RUSSELL ROAD ALEXANDRIA VA 22301 CONSULTING 119500 9 11547800 16287734 27835534 INTEREST INCOME 522220 8035938 8035938 NEW MARKET TAX CREDIT 522220 2154378 2154378 LOAN AND SERVICE FEES 522220 1057100 1057100 OTHER 522220 878260 878260 12125676 39961210 12125676 15940585 15940585 7958705 6897010 449669 612026 1536376 1329273 87727 119376 617368 534147 35251 47970 411255 121320 289935 816738 240937 575801 226016 113009 45203 67804 840146 690505 59604 90037 746481 645856 42624 58001 226461 195934 12931 17596 149793 74896 29959 44938 2611541 2611541 297661 257534 16998 23129 103271 89350 5897 8024 LOAN LOSS PROVISION 1567573 1567573 FILING FEES 235314 235314 MISCELLANEOUS 177154 177154 BANK FEES 107535 107535 84570 73171 4828 6571 34654543 29291103 4267968 1095472 17010454 30688190 2804631 449946 667444 1230245 10760770 10373706 103003354 116419426 224937 439419 10108102 1392301 8078097 8715801 3509107 6573217 288348 229462 146347142 175119412 1817364 1847638 1862501 1112500 42549 11020434 60085035 74668292 27215143 27453969 91022592 116102833 X 55041404 58733433 283146 283146 55324550 59016579 146347142 175119412 X 5306667 -1614638 X false true X true true true X 37563033 9958143 10640246 13117996 27835534 99114952 37563033 9958143 10640246 13117996 27835534 99114952 1185402 97929550 99114952 39948058 0.98800 0.93600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4410644 583214 3827430 5027308 441203 4586105 670150 367884 302266 8715801 EQUITY EQUIVALENT INVESTMENTS 27219555 OPERATING LEASE LIABILITY 228950 FINANCE LEASE LIABILITY 5464 27453969 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS EVALUATED THE TAX FILINGS FOR THE OPEN TAX YEARS FOR UNCERTAIN TAX POSITIONS. THE TAX YEARS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE 2021, 2022, 2023, AND 2024. THE TAX YEARS SUBJECT TO EXAMINATION BY THE STATE JURISDICTION ARE UNLIMITED. true COMMUNITY FIRST FUND FEDERAL CREDIT 51 S DUKE STREET SUITE 100 LANCASTER PA 17608 871525468 501C1 15940585 FUNDING 1 SCHEDULE I, PAGE 1, PART I, LINE 2 COMMUNITY FIRST FUND STRIVES TO MAINTAIN COMPREHENSIVE DOCUMENTATION IN REGARDS TO AWARDED GRANTS. THE FOLLOWING FORMS ARE FILED IN BOTH PAPER AND ELECTRONIC FORMAT: THE ORIGINAL GRANT CONTRACT, THE WINNING GRANT PROPOSAL, INVOICES FROM THE GRANTEE AS WELL AS PAYMENT CONFIRMATION, REQUIRED INTERNAL COMPLIANCE REPORTING FROM THE GRANTEE, AND EMAIL CORRESPONDENCE RELATING TO THE PARTICULAR GRANT. THE GRANTEE'S ELIGIBILITY AND SELECTION CRITERIA ARE MADE ON A CASE-BY-CASE BASIS, WITH GRANT-SPECIFIC ELIGIBILITY FOUND IN THE GRANT CONTRACT. false false false false false false false false false DANIEL BETANCOURT PRESIDENT & CEO 385375 30500 12309 428184 JONATHAN ENCARNACION SENIOR VP CHIEF RETA 206465 30500 14352 251317 JOAN BRODHEAD CHIEF STRAT. OFFICER 208549 4472 24730 237751 DRAGAN DODIK SENIOR VP CHIEF LEND 187621 34777 222398 JAMES BUERGER LENDER 167679 24569 14352 206600 EDWARD GALLAGHER SENIOR VP CHIEF CRED 197850 7829 205679 ELIZABETH BENNETT CFO ('24-'25) 180091 12309 192400 VEDER REDICK VP COMMUNITY LENDER 142438 21165 163603 ALBA FERNANDEZ SEN VP/ LENDING DIRE 143158 6898 12309 162365 FORM 990 - ORGANIZATION'S MISSION 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. FORM 990, PAGE 2, PART III, LINE 4A COMMUNITY FIRST FUND PROMOTES COMMUNITY AND ECONOMIC DEVELOPMENT BY PROVIDING AFFORDABLE LOANS TO ENTITIES THROUGHOUT CENTRAL AND EASTERN PENNSYLVANIA, INCLUDING SMALL BUSINESSES, DEVELOPERS OF AFFORDABLE HOUSING, COMMUNITY-BASED ORGANIZATIONS, WOMEN, PEOPLE OF COLOR. DURING THE YEAR ENDING JUNE 30, 2025, THE ORGANIZATION CLOSED 348 NEW LOANS. THE ORGANIZATION FINANCED 424 HOUSING UNITS FOR LOW AND MODERATE INCOME INDIVIDUALS. THROUGH THE ORGANIZATIONS FINANCING EFFORTS, 3,312 JOBS WERE CREATED OR RETAINED, AND 1,234,212 SQUARE FEET OF BUSINESS REAL ESTATE WAS DEVELOPED OR REHABBED. IN MARCH 2020 IN RESPONSE TO THE COVID-19 PANDEMIC, THE ORGANIZATION SHIFTED ITS FOCUS TO PARTICIPATION IN AND PROMOTION OF VARIOUS GRANT AND LOAN PROGRAMS TO BUSINESSES LOCATED IN LOW-INCOME COMMUNITIES AND OWNED BY PEOPLE OF COLOR. BY JUNE 30, 2020, THE ORGANIZATION HAD DIRECTLY PROVIDED EMERGENCY FINANCIAL RELIEF IN THE FORM OF LOW-INTEREST LOANS TO 24 BUSINESSES AND HAD MANAGED THE PROGRAM TO FUND 461 SBA PAYCHECK PROTECTION PROGRAM LOANS TOTALING 15,784,735 THROUGH ITS SUBSIDIARY COMMUNITY FIRST CAPITAL CORP. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS MONITORED AND ENFORCED THROUGH THE ANNUAL CONFLICT OF INTEREST DISCLOSURE PROCESS. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS REVIEWED DURING THE BUDGET PROCESS AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIEWED DURING THE BUDGET PROCESS AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S HEADQUARTERS. FORM 990, PART XI, LINE 9 TRANSFERS -1,614,638 COMMUNITY FIRST CAPITAL CORP 51 SOUTH DUKE STREET LANCASTER PA 17602 200185800 SBA LOANS PA 501C3 12A COMMUNITY FIRST FUND false FINANTA 1301 NORTH 2ND STREET PHILADELPHIA PA 19122 232857766 LOANS PA 501C3 10 COMMUNTY FIRST FUND false CFF SUB CDE 9 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 474887880 NMTC PA CFF SUB CDE 9 LLC RELATED 35 false true CFF SUB CDE 10 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 474498301 NMTC PA CFF SUB CDE 10 LLC RELATED 41 false true CFF SUB CDE 12 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 474523681 NMTC PA CFF SUB CDE 12 LLC RELATED 33 false true CFF SUB CDE 13 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 814087839 NMTC PA CFF SUB CDE 13 LLC RELATED -19 97 false true CFF SUB CDE 14 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 814102957 NMTC PA CFF SUB CDE 14 LLC RELATED 3 975 false true CFF SUB CDE 15 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 814120980 NMTC PA CFF SUB CDE 15 LLC RELATED 2 599 false true CFF SUB CDE 16 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 814131257 NMTC PA CFF SUB CDE 16 LLC RELATED 1 600 false true CFF SUB CDE 17 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 814144183 NMTC PA CFF SUB CDE 17 LLC RELATED 1 598 false true CFF SUB CDE 18 LLC 51 SOUTH DUKE STREET LANCASTER PA 17602 814156809 NMTC PA CFF SUB CDE 18 LLC RELATED 9 859 false true CFF SUB CDE 11 LLC 51 SOUTH DUKE STREET SUITE 400 LANCASTER PA 17602 474511175 NMTC PA CFF SUB C CORP 234748 false true true true true false false false false false false false true false true true false false false false COMMUNITY FIRST CAPITAL CORP C 249836 TRANSFER OF CAPITAL COMMUNITY FIRST CAPITAL CORP D -487483 DECR NOTE RECEIVABLE COMMUNITY FIRST CAPITAL CORP D 5792089 AMT DUE ON NOTE-YR END COMMUNITY FIRST CAPITAL CORP L 218439 FMV-MGMT FEE COMMUNITY FIRST CAPITAL CORP N COMMUNITY FIRST CAPITAL CORP O COMMUNITY FIRST CAPITAL CORP R 87325 FMV-INTEREST INCOME FINANTA D 10188184 AMT DUE ON NOTE-YR END FINANTA B 1864474 TRANSFER OF CAPITAL FINANTA N FINANTA O