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Old Order Amish Helping Program

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

EIN: 251821135 ✦ Elizabethville, PA ✦ Designated as a 501(c)(3)

Overview

What is Old Order Amish Helping Program?

The Old Order Amish Helping Program is a nonprofit organization situated in Elizabethville, Pennsylvania. Its primary objective is to support young and financially struggling members of the Old Order Amish community by providing them with low-interest loans to acquire farms or other agricultural financing needs. The program raises funds through investments from fellow Amish community members, who can choose to receive interest payments as checks or add them to their original investment balance. The program's loan agreements are secured by underlying real estate and are repaid over a 20-year period with a 10-year balloon. All loan approvals for agricultural activities are made by an independent board of directors, and members of this board and their families are also eligible to invest in or receive loans from the program. The organization's mission is rooted in the Old Order Amish religious beliefs of sharing, helping others within the community, and interdependence.


Is Old Order Amish Helping Program legitimate?

Old Order Amish Helping Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Order Amish Helping Program 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: $42,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Old Order Amish Helping Program?
Who is the CEO of Old Order Amish Helping Program?
What is the revenue of Old Order Amish Helping Program?
Who are the executives of Old Order Amish Helping Program and what are their salaries?
Where can I find the form 990 for Old Order Amish Helping Program?

Mission Statement of Old Order Amish Helping Program

The Old Order Amish Helping Program, a community-based organization, borrows funds from its members to re-lend them to younger and financially struggling members of the Old Order Amish community at a low interest rate. This initiative serves to advance the religious beliefs and cultural traditions that are fundamental to the Old Order Amish lifestyle. By operating a helping program, the program allows young Amish individuals to establish themselves within the Old Order Amish community, thereby fostering a sense of interdependence and shared responsibility among its members. Central to the organization's purpose is the religious mandate of helping others within the community, emphasizing the importance of cooperation and mutual aid within the Old Order Amish community.

Impact

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




Thursday, August 15, 2024

The Old Order Amish Helping Program has a significant impact on the young and needy members of the Old Order Amish community by providing them with access to low-interest loans for acquiring farms or other agricultural financing needs. This enables these individuals to establish themselves within the community and uphold the cultural traditions and religious beliefs of the Old Order Amish. Additionally, the program fosters a sense of interreliance and support within the community, in line with the organization's mission of sharing and helping others. Through the program's activities, it not only provides financial assistance but also promotes the sustainability and growth of new agricultural businesses within the Old Order Amish 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: $279,877
  • Program Service Revenue: $8,108,591
  • Gross Receipts: $8,388,468

    • Assets and Liabilities:
  • Total Assets: $336,475,903
  • Total Liabilities: $333,548,706
  • Net Assets: $2,927,197
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $8,108,591

    Organization Details

    Founding Year

    1998

    Principal Officer

    Melvin Lapp Jr

    Main Address

    4440 SHIPPENDAM RD, ELIZABETHVILLE, PA, 17023

    NTEE Category

    Code: P60 - Human services

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