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Tenfold

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231731792 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

Overview

What is Tenfold?

Tenfold, based in Lancaster, Pennsylvania, is a dedicated nonprofit organization. Their mission is to empower local households, fostering self-sufficiency and financial stability. They offer comprehensive financial counseling, coaching, and education services through programs in consumer credit, asset development, mortgage counseling, and pre-purchase counseling and education. Tenfold's activities are geared towards achieving equitable housing and financial security, making them a trusted community partner. They innovatively build wealth and advocate for fair and affordable housing through proactive coaching, education, and lending, ultimately working towards a more secure future for all. With a staff of 96 individuals, they strive to make a positive impact in their community.


Official website here: www.wearetenfold.org

Is Tenfold legitimate?

Tenfold is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tenfold submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $220,182
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,585,935

For more financial information, click here


Official website here: www.wearetenfold.org

What is the mission statement of Tenfold?

Tenfold sparks the potential in individuals to achieve equitable housing and financial security. Acting as a trusted community partner, Tenfold innovatively builds wealth and strives to provide quality, fair, and affordable housing for all through proactive coaching, education, lending, and advocacy. The organization offers comprehensive financial counseling and education services, equipping households with the necessary knowledge and skills to achieve self-sufficiency and financial stability for their future. The program includes consumer credit counseling, asset development, mortgage counseling, pre-purchase counseling, and education.


Official website here: www.wearetenfold.org

Who is the CEO of Tenfold?

Shelby Nauman is the Treasurer of Tenfold. The CEO's salary of Tenfold is $96,252 and their total compensation is $105,214.


Official website here: www.wearetenfold.org

What is the revenue of Tenfold?

Tenfold's revenue in 2022 was $6,280,898.


Official website here: www.wearetenfold.org

Who are the executives of Tenfold and what are their salaries?

The average compensation at Tenfold during 2022 was $29,230. There are 96 employees and 267 volunteers at Tenfold.

Here are 21 key members and their salaries (Tenfold's CEO's salary is $96,252 and their total compensation is $105,214):

    Michael F Mckenna (Ceo (Ended 5/31/22))
  • Compensation: $123,930
  • Related: $0
  • Other: $9,405

    • Shelby Nauman (Cio, Ceo)
  • Compensation: $96,252
  • Related: $0
  • Other: $8,962

    • Andrew Kehl (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charity Welch (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Scheuren (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abby Tucker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Arroyo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evon Bergey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timbrel Chyatee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Glover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Greener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Hess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Kohler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Laskowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Ortega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Padilla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Reese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Roche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Umble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wearetenfold.org

    Where can I find the form 990 for Tenfold?

    The Tenfold’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wearetenfold.org

    Learn more at the official website: www.wearetenfold.org

    Mission Statement of Tenfold

    Tenfold, a community-trusted organization, is dedicated to igniting the potential in individuals to attain equitable housing and financial security. Their mission is innovative and far-reaching, aiming to construct wealth and achieve quality, fair, and affordable housing for all. They accomplish this through proactive coaching, education, lending, and advocacy. By providing these services, Tenfold empowers people to establish a solid financial foundation and secure a stable future.

    At the heart of Tenfold's mission is the Ann B. Barshinger Financial Empowerment Center for Lancaster County. This center offers comprehensive and integrated financial counseling and education services, designed to equip Lancaster County households with the necessary knowledge and skills to achieve self-sufficiency and build financial stability for their future. Tenfold's programs encompass various components, such as consumer credit counseling, asset development, mortgage counseling, pre-purchase counseling, and education. Through these services, Tenfold equips individuals with the tools needed to overcome financial challenges and achieve a more secure and prosperous life.

    Impact

    This information is meant to be a general summary of Tenfold. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Tenfold's impact is profound, as it empowers individuals to achieve equitable housing and financial security. By providing comprehensive financial counseling, coaching, and education services, this organization equips households with the knowledge and skills necessary to attain self-sufficiency and build financial stability for the future. Tenfold acts as a trusted community partner, innovatively fostering wealth-building and facilitating access to quality, fair, and affordable housing through proactive coaching, education, lending, and advocacy. This impactful work is instrumental in promoting economic resilience and social equity within the Lancaster community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39,612
  • Program Service Revenue: $88,120
  • Gross Receipts: $6,683,369

    • Assets and Liabilities:
  • Total Assets: $10,964,028
  • Total Liabilities: $1,490,061
  • Net Assets: $9,473,967
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MARKET VIEW

    Revenue

    $73,088

    OTHER

    Revenue

    $15,032

    Organization Details

    Founding Year

    1968

    Principal Officer

    Shelby Nauman

    Main Address

    308 EAST KING STREET PO BOX 1676, LANCASTER, PA, 176081676

    NTEE Category

    Code: P85 - Human services

    If you are a representative of Tenfold and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.