Overview
What is Weaverland Financial Aid?
Weaverland Financial Aid is a nonprofit organization situated in Lititz, Pennsylvania. Its primary mission is to provide financial assistance to young individuals within the Weaverland Conference Mennonite community, enabling them to secure homes, farms, or businesses through low-interest loans. This program borrows funds from members of the Weaverland Conference Mennonite Church and re-lends them to the community's young Mennonite population. The objective is to preserve and uphold the religious beliefs, cultural traditions, and lifestyle of the Weaverland Conference Mennonite Church while allowing young individuals to establish themselves within the community. The program has extended loans to approximately 758 individuals, contributing to the growth and continuity of the community.
Is Weaverland Financial Aid legitimate?
Weaverland Financial Aid is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weaverland Financial Aid 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: $139,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Weaverland Financial Aid?
Weaverland Financial Aid, a program within the Weaverland Conference Mennonite Church, obtains funds from its members to lend to young individuals from the Mennonite community at a low interest rate. The primary objective of this program is to preserve and uphold the religious beliefs, cultural traditions, and lifestyle of the Weaverland Conference Mennonite Church. Additionally, the program aims to assist young Mennonite individuals in establishing themselves within the community. By providing financial aid, Weaverland Financial Aid contributes to the long-term sustainability and continuity of the Mennonite community's values and way of life.
Who is the CEO of Weaverland Financial Aid?
Raymond S Fox is the Chairman of Weaverland Financial Aid.
What is the revenue of Weaverland Financial Aid?
Weaverland Financial Aid's revenue in 2022 was $5,291,120.
Who are the executives of Weaverland Financial Aid and what are their salaries?
- Mark N Martin (Administrato) [Trustee/Director]
- Jordan K Seibel (Assistant Ad) [Trustee/Director]
- Glenn Brubacher (Secretary) [Trustee/Director]
- Raymond S Fox (Chairman) [Trustee/Director]
- Earl G Martin (Vice Chairma) [Trustee/Director]
- John Newswanger (Assistant Tr) [Trustee/Director]
- Carl Nolt (Treasurer) [Trustee/Director]
- Lee Shirk (Director)
- David Zimmerman (Assistant Se) [Trustee/Director]
Where can I find the form 990 for Weaverland Financial Aid?
The Weaverland Financial Aid’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Weaverland Financial Aid
Weaverland Financial Aid, a program affiliated with the Weaverland Conference Mennonite Church, seeks to borrow funds from its members to lend to young individuals from the Mennonite community at a low interest rate. The primary goal of this program is to preserve and uphold the religious beliefs, cultural traditions, and lifestyle of the Weaverland Conference Mennonite Church. By providing financial assistance, Weaverland Financial Aid allows young Mennonites to establish themselves within the Weaverland Conference Mennonite community. This initiative serves as a means of fostering growth and continuity within the Mennonite community, ensuring its values and traditions are passed down to future generations.
Impact
This information is meant to be a general summary of Weaverland Financial Aid. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Weaverland Financial Aid's impact is significant in helping young Mennonite individuals in the Weaverland Conference Mennonite Church community establish themselves by providing low-interest loans. By extending loans to approximately 758 young Mennonite persons, the program enables them to acquire homes, farms, agricultural or other business-related financing needs, and become established within the Weaverland Conference Mennonite community. Through this assistance, Weaverland Financial Aid plays a crucial role in preserving and maintaining the religious beliefs, cultural traditions, and lifestyle of the Weaverland Conference Mennonite Church.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME - LOANS
Revenue
$5,164,729
BOOK SALES
Revenue
$42,718
Organization Details
Founding Year
1999
Phone
(717) 738-3614
Principal Officer
Raymond S Fox
Main Address
1601 LINCOLN ROAD, LITITZ, PA, 17543
NTEE Category
Code: P60 - Human services
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