Nonprofit · EIN 23-3032463
IMPACT LOAN FUND INC
Tax-exempt · PHILADELPHIA, PA 19134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,353,118 | $1,052,218 | $300,900 | $9,733,752 | $4,325,624 | $5,408,128 |
| June 30, 2024 | 990 | $909,660 | $913,345 | -$3,685 | $9,037,274 | $3,930,046 | $5,107,228 |
| June 30, 2023 | 990 | $892,407 | $833,939 | $58,468 | $8,622,777 | $3,511,864 | $5,110,913 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $694,447
- of which government grants
- $694,447
- Program service revenue
- $555,519
- Investment income
- $103,152
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $33,730
- Accounting fees
- $65,010
- Occupancy
- $18,000
- Travel
- $258
- Program services (functional)
- $939,932
- Management and general (functional)
- $112,286
Balance sheet and other
- Total assets, start of year
- $9,037,274
- Total assets, end of year
- $9,733,752
- Total liabilities, end of year
- $4,325,624
- Net assets, end of year
- $5,408,128
- Net assets without donor restrictions
- $5,134,267
- Net assets with donor restrictions
- $273,861
- Gross receipts
- $1,353,118
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2001
- 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 | From related orgs |
|---|---|---|---|---|
| CASEY O'DONNELL | PRESIDENT Trustee or director, Officer | 2 | $0 | $221,265 |
| PEARL WANG HERRERA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID LANGLIEB | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SERGIO GIRALDO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JACK HUBBERT ESQ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KIMBERLY WASHINGTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JENISE RABB | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID ORTIZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CASEY O'DONNELL | PRESIDENT Trustee or director, Officer | 2 | $0 | $220,000 |
| PEARL WANG HERRERA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID LANGLIEB | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SERGIO GIRALDO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JACK HUBBERT ESQ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KIMBERLY WASHINGTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JENISE RABB | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID ORTIZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CASEY O'DONNELL | PRESIDENT Trustee or director, Officer | 2 | $0 | $187,550 | $36,779 |
| PEARL WANG HERRERA | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DAVID LANGLIEB | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| SERGIO GIRALDO | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| JACK HUBBERT ESQ | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| KIMBERLY WASHINGTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| JENISE RABB | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DAVID ORTIZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1952 E ALLEGHENY AVE, PHILADELPHIA, PA 19134-3122
- In care of
- % ED BLANEY
- Principal officer (990 for 2024)
- CASEY O'DONNEL, 1952 E ALLEGHENY AVENUE, PHILADELPHIA, PA 19134
- Signed the 990
- CASEY O'DONNEL, PRESIDENT
- Phone
- (215) 974-0900
- Website
- WWW.IMPACTLOANFUND.ORG
- Return prepared by
- BARBACANE THORNTON & COMPANY LLP
Mission
CERTIFIED LOAN FUND TO ASSIST SMALL BUSINESS FIRMS TO IMPROVE ECONOMIC CONDITIONS IN EASTERN PHILADELPHIA.
Program accomplishments
- IMPACT LOAN FUND IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SUPPORTING THE MISSION TO PROVIDE CAPITAL TO DISADVANTAGED BUSINESSES IN ITS TARGET AREA SUPPORTING THE COMMUNITY AND ECONOMIC DEVELOPMENT EFFORTS IN THE GREATER KENSINGTON COMMUNITY.Expenses $939,932 · revenue $555,519
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
- 23-3032463
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S410)
- Assets (IRS master file)
- $9,733,752
- Income (IRS master file)
- $1,353,118
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,353,118 | $1,052,218 | $9,733,752 | XML |
| 990 | June 2024 | $909,660 | $913,345 | $9,037,274 | XML |
| 990 | June 2023 | $892,407 | $833,939 | $8,622,777 | XML |
| 990 | June 2022 | $2,414,712 | $506,763 | $7,566,603 | 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 23-3032463).
Questions about IMPACT LOAN FUND INC
- What is the EIN of IMPACT LOAN FUND INC?
- The employer identification number (EIN) of IMPACT LOAN FUND INC is 23-3032463.
- Is IMPACT LOAN FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to IMPACT LOAN FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IMPACT LOAN FUND 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 IMPACT LOAN FUND 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 IMPACT LOAN FUND 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 IMPACT LOAN FUND INC?
- The 990 for the year ended June 30, 2025 names CASEY O'DONNEL.
- Who are the officers and directors of IMPACT LOAN FUND INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does IMPACT LOAN FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,353,118, expenses of $1,052,218 and total assets of $9,733,752 at year end.
Other nonprofits in PHILADELPHIA
- REINVESTMENT FUND INC EIN 23-2331946 · last filed 990 for 2024
- PHILADELPHIA INDUSTRIAL DEVELOPMENT CORP EIN 23-6050858 · last filed 990 for 2024
- PIDC COMMUNITY CAPITAL EIN 23-2889102 · last filed 990 for 2024
- PHILADELPHIA CITY FUND INC EIN 23-2174863 · last filed 990 for 2025
- GREATER PHILADELPHIA TOURISM MARKETING CORPORATION EIN 23-2847538 · last filed 990 for 2025
- PENNSYLVANIA MICROENTERPRISE COALITION EIN 23-2920364 · last filed 990 for 2025
- DELAWARE RIVER WATERFRONT CORPORATION EIN 23-1734559 · last filed 990 for 2025
- BEN FRANKLIN TECHNOLOGY CENTER OF SOUTHEASTERN PENNSYLVANIA EIN 23-2527210 · last filed 990 for 2025
All nonprofits in PHILADELPHIA · Pennsylvania · Community improvement and capacity building