Nonprofit · EIN 23-2827808
ASSETS LANCASTER
Tax-exempt · LANCASTER, PA 17603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,179,972 | $1,747,585 | -$567,613 | $1,111,040 | $984,587 | $126,453 |
| June 30, 2024 | 990 | $1,355,244 | $1,474,284 | -$119,040 | $1,845,147 | $1,217,748 | $627,399 |
| June 30, 2023 | 990 | $973,060 | $1,413,694 | -$440,634 | $1,576,743 | $830,304 | $746,439 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,151,074
- of which government grants
- $556,667
- Program service revenue
- $26,937
- Investment income
- $0
- Other revenue
- $1,961
Expenses
- Grants and similar amounts paid
- $155,350
- Compensation of officers, directors and key employees
- $164,392
- Other salaries and wages
- $714,981
- Salaries, compensation and benefits (total)
- $1,126,825
- Professional fundraising fees
- $0
- Legal fees
- $525
- Accounting fees
- $17,675
- Occupancy
- $110,784
- Depreciation
- $48,630
- Program services (functional)
- $1,202,707
- Management and general (functional)
- $404,522
- Fundraising (functional)
- $140,356
Balance sheet and other
- Total assets, start of year
- $1,845,147
- Total assets, end of year
- $1,111,040
- Total liabilities, end of year
- $984,587
- Net assets, end of year
- $126,453
- Land, buildings and equipment
- $233,107
- Net assets without donor restrictions
- $55,839
- Net assets with donor restrictions
- $70,614
- Gross receipts
- $1,179,972
- Employees
- 18
- Volunteers
- 60
- Year formed
- 1995
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAIME ARROYO | CEO Officer | 40 | $97,721 | $10,240 |
| ANDRES ZORILLA | INTERIM EXEC Officer | 40 | $66,671 | $15,213 |
| PETER BARBER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CHAMPAGNE DOMINGO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMER AL FAYADH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JESSICA GEHMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHY GRANBOIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LANCE GREENE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KENT HARTZLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BECCA HRUBOCHAK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TOM MALESIC | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSEPH MARTINEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| YESSENIA RIOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DENISE WAYMAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAIME ARROYO | CEO Officer | 40 | $93,460 |
| PETER BARBER | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| CHAMPAGNE DOMINGO | DIRECTOR Trustee or director | 2 | $0 |
| AMER AL FAYADH | DIRECTOR Trustee or director | 2 | $0 |
| KATHY GRANBOIS | DIRECTOR Trustee or director | 2 | $0 |
| LANCE GREENE | TREASURER Trustee or director, Officer | 2 | $0 |
| KENT HARTZLER | CHAIR Trustee or director, Officer | 2 | $0 |
| JOSEPH MARTINEZ | DIRECTOR Trustee or director | 2 | $0 |
| FRANCINE MCNAIRY | SECRETARY Trustee or director, Officer | 2 | $0 |
| NANCY NEFF | DIRECTOR Trustee or director | 2 | $0 |
| YESSENIA RIOS | DIRECTOR Trustee or director | 2 | $0 |
| JOAQUIN VILLARREAL | DIRECTOR Trustee or director | 2 | $0 |
| DENISE WAYMAN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAIME ARROYO | CEO Officer | 40 | $43,375 |
| ALEX ALVAREZ | DIRECTOR Trustee or director | 2 | $0 |
| PETER BARBER | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| KATHY GRANBOIS | DIRECTOR Trustee or director | 2 | $0 |
| LANCE GREENE | SECRETARY Trustee or director, Officer | 2 | $0 |
| KENT HARTZLER | CHAIR Trustee or director, Officer | 2 | $0 |
| JOSEPH MARTINEZ | DIRECTOR Trustee or director | 2 | $0 |
| FRANCINE MCNAIRY | DIRECTOR Trustee or director | 2 | $0 |
| LIZ MARTIN | CHAIR Trustee or director, Officer | 2 | $0 |
| NANCY NEFF | DIRECTOR Trustee or director | 2 | $0 |
| JULIE PEACHEY | TREASURER Trustee or director, Officer | 2 | $0 |
| JOAQUIN VILLARREAL | DIRECTOR Trustee or director | 2 | $0 |
| DENISE WAYMAN | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S QUEEN ST STE 246, LANCASTER, PA 17603-5368
- Principal officer (990 for 2024)
- ANDRES ZORILLA, 100 SOUTH QUEEN ST SUITE 246, LANCASTER, PA 17603
- Signed the 990
- ANDRES ZORILLA, INTERIM EXEC. DIR.
- Phone
- (717) 393-6089
- Website
- WWW.ASSETSPA.ORG
- Return prepared by
- EMC CPAS LLC
Mission
ASSETS LANCASTER IS A NON-PROFIT THAT WORKS WITH START-UP AND EXISTING BUSINESSES TO FORM A MORE EQUITABLE AND ETHICAL ECONOMY. ASSETS LANCASTER OFFERS IN-DEPTH TRAINING AND FINANCING FOR ENTREPRENEURS, AND WORKS WITH ESTABLISHED BUSINESSES TO IMPROVE THEIR SOCIAL AND ENVIRONMENTAL IMPACT.
Program accomplishments
- ASSETS LANCASTER OFFERS MICROENTERPRISE DEVELOPMENT THROUGH TRAINING AND LENDING SERVICES FOR MICROENTERPRISES. ASSETS LANCASTER'S MICRO-LENDING IS DESIGNED TO PROVIDE SMALL AMOUNTS OF WORKING CAPITAL TO BUSINESS ENTREPRENEURS. THE LOANS WILL TYPICALLY RANGE BETWEEN 10,000 AND 20,000. THERE WERE 13 NEW LOANS WITH AN AVERAGE BALANCE OF 10,769 FOR THE FISCAL YEAR ENDING 6/30/25.Expenses $1,202,707 · grants $155,350 · revenue $26,937
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2827808
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $1,111,040
- Income (IRS master file)
- $1,179,972
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,179,972 | $1,747,585 | $1,111,040 | XML |
| 990 | June 2024 | $1,355,244 | $1,474,284 | $1,845,147 | IRS |
| 990 | June 2023 | $973,060 | $1,413,694 | $1,576,743 | XML |
| 990 | June 2022 | $1,513,730 | $1,411,062 | $1,401,857 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2827808).
Questions about ASSETS LANCASTER
- What is the EIN of ASSETS LANCASTER?
- The employer identification number (EIN) of ASSETS LANCASTER is 23-2827808.
- Is ASSETS LANCASTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to ASSETS LANCASTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSETS LANCASTER file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSETS LANCASTER due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSETS LANCASTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASSETS LANCASTER?
- The 990 for the year ended June 30, 2025 names ANDRES ZORILLA.
- Who are the officers and directors of ASSETS LANCASTER?
- The 990 for the year ended June 30, 2025 lists 14 people; 2 received compensation from the organization, the highest $97,721 (JAIME ARROYO, CEO).
- How much revenue does ASSETS LANCASTER have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,179,972, expenses of $1,747,585 and total assets of $1,111,040 at year end.
Other nonprofits in LANCASTER
- SPANISH AMERICAN CIVIC ASSOCIATION FOR EQUALITY INC EIN 23-7319993 · last filed 990 for 2025
- LANCASTER REDEVELOPMENT FUND EIN 81-1823893 · last filed 990 for 2024
- LANCASTER CITY ALLIANCE EIN 46-3353021 · last filed 990 for 2025
- SOCIAL IMPACT PROPERTIES EIN 85-1071575 · last filed 990 for 2024
- COMMUNITY FIRST CAPITAL CORP EIN 20-0185800 · last filed 990 for 2025
- BUILDING AND SUPPORTING ENTREPRENEURSHIP OF SE LANCASTER EIN 23-2843969 · last filed 990 for 2025
- CENTRO LANCASTER LTD EIN 81-3782414 · last filed 990 for 2024
- BUILDING THE HEART MINISTRY EIN 93-2974904 · last filed 990-EZ for 2025
All nonprofits in LANCASTER · Pennsylvania · Community improvement and capacity building