Nonprofit · EIN 23-2940322
LANCASTER EQUITY INC
Tax-exempt · LANCASTER, PA 17608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $56,856 | $53,729 | $3,127 | $1,847,384 | $11,838 | $1,835,546 |
| June 30, 2024 | 990 | $41,482 | $45,610 | -$4,128 | $1,854,299 | $21,880 | $1,832,419 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $55,852
- Investment income
- $1,004
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $15,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,597
- Depreciation
- $24,741
- Program services (functional)
- $45,132
- Management and general (functional)
- $8,597
Balance sheet and other
- Total assets, start of year
- $1,854,299
- Total assets, end of year
- $1,847,384
- Total liabilities, end of year
- $11,838
- Net assets, end of year
- $1,835,546
- Land, buildings and equipment
- $659,802
- Net assets without donor restrictions
- $1,835,546
- Gross receipts
- $56,856
- Employees
- 0
- Volunteers
- 21
- Year formed
- 1997
- 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 |
|---|---|---|---|
| VANESSA PHILBERT | PRESIDENT Trustee or director, Officer | 3 | $0 |
| ANDREW SZALAY | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| SARA BAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| DARLENE BYRD | BOARD MEMBER Trustee or director | 1 | $0 |
| TAMMIE FITZPATRICK | BOARD MEMBER Trustee or director | 1 | $0 |
| MATT JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JUGENS LAGUERRE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSE LOPEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTIAN MORETA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANNA RAMOS | BOARD MEMBER Trustee or director | 1 | $0 |
| MARSHALL SNIVELY | BOARD MEMBER Trustee or director | 1 | $0 |
| JAKE THORSEN | BOARD MEMBER Trustee or director | 1 | $0 |
| BARBARA WILSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMIE ARROYO | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VANESSA PHILBERT | PRESIDENT Trustee or director, Officer | 3 | $0 |
| ANDREW SZALAY | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| SARA BAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| DARLENE BYRD | BOARD MEMBER Trustee or director | 1 | $0 |
| TAMMIE FITZPATRICK | BOARD MEMBER Trustee or director | 1 | $0 |
| MATT JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JUGENS LAGUERRE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSE LOPEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE MASON | BOARD MEMBER (UNTIL 8/23) Trustee or director | 1 | $0 |
| CHRISTIAN MORETA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANNA RAMOS | BOARD MEMBER Trustee or director | 1 | $0 |
| MARSHALL SNIVELY | BOARD MEMBER Trustee or director | 1 | $0 |
| JAKE THORSEN | BOARD MEMBER Trustee or director | 1 | $0 |
| BARBARA WILSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ALICE YODER | BOARD MEMBER (UNTIL 12/23) Trustee or director | 1 | $0 |
| JAMIE ARROYO | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 599, LANCASTER, PA 17608-0599
- Principal officer (990 for 2024)
- VANESSA PHILBERT, 601 S QUEEN STREET PO BOX 599, LANCASTER, PA 17608
- Signed the 990
- VANESSA PHILBERT, PRESIDENT
- Phone
- (717) 299-7301
- Return prepared by
- RKL LLP
Mission
LANCASTER EQUITY COORDINATES EFFORTS TO ADVANCE COMMUNITIES WHERE EVERYONE HAS AN OPPORTUNITY TO THRIVE, WHETHER THAT BE THROUGH NEIGHBORHOOD REVITALIZATION, LIVING WAGE WORK, ENTREPRENEURSHIP, OR SAFE AND AFFORDABLE HOUSING.
Program accomplishments
- MAINTENANCE OF 80 UNITS OF QUALITY, AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS IN LANCASTER COUNTY, PENNSYLVANIA.Expenses $15,000 · grants $15,000 · revenue $55,852
- SOUTHERN MARKET FUNDS TO REVITALIZE THE SOUTHERN MARKET, ONE OF LANCASTER'S MOST ICONIC ARCHITECTURAL STRUCTURES. THIS IS NOW MULTI-STORY, "MIXED-USE" DEVELOPMENT SITE INCLUDING STREET LEVEL RESTAURANTS AND RETAIL VENUES.Expenses $30,132
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
- 23-2940322
- 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
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $1,847,384
- Income (IRS master file)
- $56,856
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $56,856 | $53,729 | $1,847,384 | XML |
| 990 | June 2024 | $41,482 | $45,610 | $1,854,299 | XML |
| 990 | June 2023 | $122,939 | $144,385 | $1,859,961 | IRS |
| 990 | June 2022 | $335,907 | $58,019 | $1,919,380 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 23-2940322).
Questions about LANCASTER EQUITY INC
- What is the EIN of LANCASTER EQUITY INC?
- The employer identification number (EIN) of LANCASTER EQUITY INC is 23-2940322.
- Is LANCASTER EQUITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to LANCASTER EQUITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LANCASTER EQUITY INC 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 LANCASTER EQUITY INC 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 LANCASTER EQUITY INC 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 LANCASTER EQUITY INC?
- The 990 for the year ended June 30, 2025 names VANESSA PHILBERT.
- Who are the officers and directors of LANCASTER EQUITY INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does LANCASTER EQUITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $56,856, expenses of $53,729 and total assets of $1,847,384 at year end.
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All nonprofits in LANCASTER · Pennsylvania · Housing and shelter