2026-01-08T10:36:34-08:00 2025-06-30 223209898 RUOTOLO SPEWAK & CO 101 CHESTNUT AVE MOUNT LAUREL NJ 08054 990 2024-07-01 232855262 VESTEDIN VEST 2154520100 3675 MARKET STREET PHILADELPHIA PA 19104 JAMES R BURNETT EXECUTIVE DIRECTOR 2154520100 2026-01-08 true true DUSTIN B WARD CPA MBA P01589702 8562731282 2024 2025-03-06 01:10:19Z JAMES BURNETT 3675 MARKET STREET SUITE 200 PHILADELPHIA PA 19104 1304864 false X www.vestedin.org. X 1996 PA VESTEDINS MISSION IS TO FACILITATE ECONOMIC EMPOWERMENT TO SMALL BUSINESSES & THE COMMUNITY AND INCREASED EMPLOYMENT OPPORTUNITIES IN THE PHILADELPHIA AREA. 11 11 15 195 0 0 819987 1012034 585056 236095 11751 3392 12061 10832 1428855 1262353 0 0 782180 863934 0 23873 1836894 1263224 2619074 2127158 -1190219 -864805 6877654 6132490 1027139 1146780 5850515 4985710 VESTEDINS MISSION IS TO FACILITATE ECONOMIC EMPOWERMENT TO SMALL BUSINESSES & THE COMMUNITY AND INCREASED EMPLOYMENT OPPORTUNITIES IN THE PHILADELPHIA AREA. false false 1795957 365073 236095 PROVIDES ECONOMIC EMPOWERMENT TO SMALL BUSINESSES & THE COMMUNITY AND INCREASED EMPLOYMENT OPPORTUNITIES IN THE PHILADELPHIA AREA. PROVIDES CAPITAL, TECHNICAL ASSISTANCE AND FINANCIAL SERVICES AS AN INNOVATIVE RESPONSE TO A LOW-INCOME COMMUNITY HISTORICALLY UNDER SERVED BY TRADITIONAL FINANCIAL INSTITUTIONS. VESTEDIN ALSO OPERATES A PROGRAM FOR HIGH SCHOOL STUDENTS TO PROVIDE INSIGHT INTO FINANCIAL EDUCATION, COLLEGE PLANNING AND CAREER PLANNING. 1795957 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false false true 24 0 false 15 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true true true PA X JAMES BURNETT 2154520100 3675 MARKET STREET SUITE 200 PHILADELPHIA PA 19104 JAMES R BURNETT EXECUTIVE DIRECTOR 40.00 X 128728 0 38254 ISMAIL SHAHID CHAIRMAN 1.00 X X 0 0 0 ROBYN CHIN VICE CHAIRMAN 1.00 X X 0 0 0 NAJA MUHAMMAD TREASURER 1.00 X X 0 0 0 MALCOLM YATES SECRETARY 1.00 X X 0 0 0 KIMBERLY REED BOARD MEMBER 1.00 X 0 0 0 ANDRE ANDREWS BOARD MEMBER 1.00 X 0 0 0 VANESSA WILLIAMS BOARD MEMBER 1.00 X 0 0 0 DARRYL RIDGEWAY BOARD MEMBER 1.00 X 0 0 0 ALAN WILSON BOARD MEMBER 1.00 X 0 0 0 CIERRAH WEST-WILLIAMS BOARD MEMBER 1.00 X 0 0 0 JACQUELINE LOPEZ BOARD MEMBER 1.00 X 0 0 0 128728 0 38254 1 false true false HANNAH CAPITAL 1532 WEST ERIE AVENUE PHILADELPHIA PA 19140 TECH REVIEW SERVICES 110000 1 230447 781587 1012034 INVESTMENT INCOME FROM JOINT VENTURE 525990 160131 0 0 LOAN FEES 525990 41927 0 0 INTEREST INCOME - LOANS 532000 34037 0 0 236095 3392 0 3392 53343 42511 10832 0 10832 1262353 236095 0 14224 139777 100933 38844 0 558695 535955 22740 0 104002 45841 58161 0 61460 56712 4748 0 28038 21250 6788 0 106397 76874 29523 0 70034 54394 15640 0 56050 21780 33770 500 3671 251 3420 0 88620 53617 35003 0 21663 6577 15086 0 48057 5975 18709 23373 4901 0 4901 0 15947 14069 1878 0 SMALL BUSINESS RELIEF GRANTS 365073 365073 0 0 BAD DEBT EXPENSE 291684 291684 0 0 WESGOLD FELLOWS 100798 100798 0 0 REPAIRS AND MAINTENANCE 12532 3717 8815 0 49759 40457 9302 0 2127158 1795957 307328 23873 2293495 2366821 1314692 642817 155233 357911 483512 543865 14309 5604 269371 161094 109377 108277 73958 74830 2433078 2032365 6877654 6132490 101843 143659 541627 541627 383669 461494 1027139 1146780 X 5123270 4234109 727245 751601 5850515 4985710 6877654 6132490 -864805 X false true X true false X 0 0 2502891 1539822 1464771 870984 1065377 7443845 398898 111728 144615 117316 75964 848521 380614 209954 305856 467740 160131 1524295 0 3282403 1861504 1915242 1456040 1301472 9816661 0 0 0 9816661 221 288 8982 11751 3392 24634 221 288 8982 11751 3392 24634 9841295 0.99750 0.99760 0.00250 0.00240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 62115 20540 41575 12249 12249 0 154513 87811 66702 40494 40494 0 108277 INVESTMENT IN WEST GOLD LLC 2028339 SECURITY DEPOSITS 4026 DUE FROM RELATED PARTY 0 2032365 0 FUNDS HELD FOR OTHER ENTITIES 7684 OTHER LIABILITIES 2798 LINE OF CREDIT 451012 461494 X 1309193 46840 46840 1262353 1262353 2173998 46840 46840 2127158 2127158 Pt X, Line 2 VESTEDIN IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, VESTEDIN QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED. VESTEDIN HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. FOR FEDERAL INCOME TAX PURPOSES, THE RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION THREE YEARS AFTER THEY ARE FILED. Pt X, Line 2 VESTEDINS POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN OTHER EXPENSE IN THE STATEMENT OF ACTIVITIES. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2025. ANNUAL FUNDRAISING BREAKFAST 41199 41199 20992 5596 ANNUAL FOUNDERS DAY 12144 12144 2650 2873 10400 53343 53343 23642 2873 15996 42511 10832 false false false false false false false false false JAMES R BURNETT 128728 0 0 0 0 0 0 0 38254 0 166982 0 0 0 Pt VI, Line 11b THE PRESIDENT AND TREASURER REVIEW THE 990 Pt VI, Line 12c THE CONFLICT OF INTEREST STATEMENT IS REVIEWED AND Pt VI, Line 12c DISCUSSED ON A REGULAR BASIS W/STAFF AND BOARD MEMBERS Pt VI, Line 15a COMPENSATION FOR TOP OFFICIAL IN THE ORG. IS DETERMINED Pt VI, Line 15a BY THE BOARD OF DIRECTORS. THE BOARD USES INFORMATION Pt VI, Line 15a FROM THE IRS AND OTHER JURISDICTIONS TO DETERMINE Pt VI, Line 15a COMPENSATION. Pt VI, Line 15b COMPENSATION OF KEY EMPLOYEES IS APPROVED BY THE BOARD Pt VI, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, FINANCIAL Pt VI, Line 19 STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE Pt VI, Line 19 AVAILABLE TO THE PUBLIC IN THE ORGANIZATIONS OFFICE Pt VI, Line 19 UPON REQUEST