Overview
What is Anabaptist Financial?
Anabaptist Financial is a nonprofit organization based in Lewisburg, Pennsylvania. They provide financial assistance to Anabaptist individuals, businesses, and charitable organizations through loans. Their loan portfolio includes business real estate, business operating, and home mortgages, with a total of 3,107 outstanding loans and loan receivables of $666,724,126 as of the current year-end. The organization was established to support the religious beliefs and cultural traditions of conservative Amish, Mennonite, and Brethren communities. Anabaptist Financial generates funds to facilitate loans that help Anabaptists maintain their way of life. With a team of 37 employees, they continue to advance their mission.
Official website here: www.afweb.org
Is Anabaptist Financial legitimate?
Anabaptist Financial is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anabaptist Financial 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: $374,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,363,024
For more financial information, click here
Official website here: www.afweb.org
What is the mission statement of Anabaptist Financial?
Anabaptist Financial was founded with the aim to support and promote the conservative Anabaptist religious beliefs, cultural traditions, and lifestyles of the Amish, Mennonite, and Brethren communities. The organization generates funds to help individuals, businesses, and charitable organizations within this community. One of the ways Anabaptist Financial accomplishes this is through its loan program. The loan portfolio includes various loan types such as business real estate, business operating, and home mortgages. As of the current year end, there were 3,107 outstanding loans totaling $666.53 million in loan receivables, net of a loan loss reserve. These loans enable Anabaptist community members to maintain their religious beliefs and cultural practices.
Official website here: www.afweb.org
Who is the CEO of Anabaptist Financial?
Paul A Miller is the Executive Officer of Anabaptist Financial.
Official website here: www.afweb.org
What is the revenue of Anabaptist Financial?
Who are the executives of Anabaptist Financial and what are their salaries?
The average compensation at Anabaptist Financial during 2023 was $46,971. There are 37 employees at Anabaptist Financial.
Here are 16 key members and their salaries:
- Paul A Miller (Executive Officer)
- Tim Thomas (Financial Officer)
- Richie Lauer (Foundation Officer)
- Floyd Miller (Operations Officer)
- Merle Herr (Business Resource Officer)
- Dennis Martin (Executive Administrator)
- Wayne Keim (At Large) [Trustee/Director]
- Kenneth Burkholder (Vice Chairman) [Trustee/Director]
- David Martin (At Large) [Trustee/Director]
- M Dean Wengerd (At Large) [Trustee/Director]
- Nathan Zimmerman (At Large) [Trustee/Director]
- Amos Hurst Jr (Treasurer) [Trustee/Director]
- Stephen Stoltzfus (At Large) [Trustee/Director]
- Ben A Stoltzfus (Chairman) [Trustee/Director]
- Andrew Zimmerman (Secretary) [Trustee/Director]
- Larry Troyer (At Large) [Trustee/Director]
Official website here: www.afweb.org
Where can I find the form 990 for Anabaptist Financial?
The Anabaptist Financial’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.afweb.org
Learn more at the official website: www.afweb.org
Mission Statement of Anabaptist Financial
Anabaptist Financial is a financially driven organization, established to promote and uphold the conservative religious beliefs, customs, and lifestyles of the Amish, Mennonite, and Brethren (Anabaptist) communities. Its primary objective is to generate a substantial funding source to support individuals, businesses, and charitable organizations within these communities. Anabaptist Financial's activities extend to various loan programs that cater to the diverse needs of its clientele. These loans encompass business real estate, operating expenses, and home mortgages. As of its most recent year-end, Anabaptist Financial managed a loan portfolio of 3,107 outstanding loans, amassing a total of $666,524,326 in loan receivables, after accounting for a loan loss reserve of $1,907,413. These loans play a pivotal role in enabling Anabaptist individuals and organizations to maintain their religious convictions and traditional ways of life.
Impact
This information is meant to be a general summary of Anabaptist Financial. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Anabaptist Financial provides vital financial support to individuals, businesses, and charitable organizations within the conservative Amish, Mennonite, and Brethren (Anabaptist) communities. Through its loan program, Anabaptist Financial plays a significant role in helping maintain the religious beliefs and cultural traditions of these communities. With over 3,000 outstanding loans totaling hundreds of millions of dollars, Anabaptist Financial's impact can be seen in the tangible assistance it provides to uphold the unique way of life and values of the Anabaptist community.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN ORIGINATION FEES
Revenue
$699,331
LOAN PROGRAM INTEREST
Revenue
$27,674,203
COMMITMENT FEES
Revenue
$77,331
OTHER PROGRAM FEES
Revenue
$242,154
AFFILIATED NPO RENT
Revenue
$30,000
Organization Details
Founding Year
2005
Principal Officer
Paul A Miller
Main Address
55 WHISPER CREEK DRIVE, LEWISBURG, PA, 17837
Website
www.afweb.org
NTEE Category
Code: W60 - Public benefit
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