Nonprofit · EIN 85-1071575
SOCIAL IMPACT PROPERTIES
Tax-exempt · LANCASTER, PA 17603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,111,280 | $188,185 | $923,095 | $3,261,147 | $2,242,487 | $1,018,660 |
| December 31, 2023 | 990 | $151,872 | $118,577 | $33,295 | $1,155,195 | $1,059,630 | $95,565 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $886,818
- of which government grants
- $886,818
- Program service revenue
- $216,803
- Investment income
- $7,659
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,133
- Program services (functional)
- $167,377
- Management and general (functional)
- $19,508
- Fundraising (functional)
- $1,300
Balance sheet and other
- Total assets, start of year
- $1,155,195
- Total assets, end of year
- $3,261,147
- Total liabilities, end of year
- $2,242,487
- Net assets, end of year
- $1,018,660
- Net assets without donor restrictions
- $1,018,660
- Gross receipts
- $1,111,280
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2020
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| JAMES REEB | PRESIDENT Trustee or director, Officer | 20 | $0 | $7,200 |
| JIM FREDERICK | COO Trustee or director, Officer | 20 | $0 | $7,200 |
| EMMA DANAE DROZ | SECRETARY (THRU 4/19/24) Trustee or director, Officer | 1 | $0 | $6,966 |
| PETER MANDELL | CAHIRMAN Trustee or director | 0.25 | $0 | $0 |
| OTTO MONROY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LISA WEAVER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| EMMA DROZ | Secretary Trustee or director, Officer | 1 | $0 | $37,702 |
| JAMES REEB | President Trustee or director, Officer | 20 | $0 | $16,733 |
| JIM FREDERICK | COO Trustee or director, Officer | 20 | $0 | $14,650 |
| LISA WEAVER | Director Trustee or director | 0.25 | $0 | $0 |
| PETER MANDELL | Chairman Trustee or director | 0.25 | $0 | $0 |
| OTTO MONROY | Director Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S QUEEN ST STE 230, LANCASTER, PA 17603-5368
- In care of
- % JAY W WALDMAN ESQUIRE
- Mailing address (990-N for 2020)
- PO BOX 443, ELIZABETHTOWN PA 17022
- Principal officer (990 for 2024)
- JAMES REEB, 100 S QUEEN STREET 230, LANCASTER, PA 17603
- Principal officer (990-N for 2020)
- JAMES REEB, PO BOX 443, ELIZABETHTOWN PA 17022
- Signed the 990
- JAMES REEB, PRESIDENT & CHIEF IMPACT OFFICER
- Phone
- (717) 999-7997
- Website
- socialenterprisegroup.org
- Return prepared by
- MCKONLY & ASBURY LLP
Mission
SOCIAL ENTERPRISE PROPERTIES PROVIDES RESEARCH AND EDUCATION REGARDING SOCIAL PURPOSED REAL ESTATE DEVELOPMENT, DIRECTLY OR INDIRECTLY CONDUCT, SUPPORT, PROVIDE SUPPORTING RESOURCES, AND/OR PROVIDE FINANCIAL INTERMEDIARY OR FISCAL SPONSORSHIP SERVICES. SEP PROVIDES A LAND BANKING PROGRAM ACTING AS A PRINCIPAL THROUGH WHOLLY-OWNED ENTITIES; AND FACILITATE THE ACQUISITION AND/OR DEVELOPMENT OF FACILITIES SUPPORTING SOCIAL ENTERPRISES, COMMUNITY BENEFIT AND RELATED ORGANIZATIONS ADDRESSING THE SOCIAL DETERMINANTS OF HEALTH IN A COMMUNITY.
Program accomplishments
- LAND AND PROPERTY BANKING SERVICES ACQUIRING, OWNING, HOLDING AND SELLING REAL ESTATE INTENDED FOR FUTURE DEVELOPMENT ASSESSING THE SOCIAL DETERMINANTS OF HEALTH THROUGH TAX CREDIT PROGRAMS AT A COST LOWER THAN THAT AVAILABLE TO DEVELOPERS AND ACCESSING GRANTS AND OTHER FUNDING THAT DEVELOPERS OTHERWISE CANNOT.Expenses $167,377 · revenue $216,803
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-1071575
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $3,261,147
- Income (IRS master file)
- $1,111,280
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,111,280 | $188,185 | $3,261,147 | XML |
| 990 | December 2023 | $151,872 | $118,577 | $1,155,195 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: JAMES REEB | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-1071575).
Questions about SOCIAL IMPACT PROPERTIES
- What is the EIN of SOCIAL IMPACT PROPERTIES?
- The employer identification number (EIN) of SOCIAL IMPACT PROPERTIES is 85-1071575.
- Is SOCIAL IMPACT PROPERTIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to SOCIAL IMPACT PROPERTIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOCIAL IMPACT PROPERTIES 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 SOCIAL IMPACT PROPERTIES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOCIAL IMPACT PROPERTIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOCIAL IMPACT PROPERTIES?
- The 990 for the year ended December 31, 2024 names JAMES REEB.
- Who are the officers and directors of SOCIAL IMPACT PROPERTIES?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does SOCIAL IMPACT PROPERTIES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,111,280, expenses of $188,185 and total assets of $3,261,147 at year end.
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- LANCASTER CITY ALLIANCE EIN 46-3353021 · last filed 990 for 2025
- ASSETS LANCASTER EIN 23-2827808 · last filed 990 for 2025
- 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