EIN 23-3032463

Impact Loan Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2001
Most recent tax filings
2024-06-01
Description
The Impact Loan Fund aims to assist small business firms in improving economic conditions in Eastern Philadelphia through its certification as a loan fund.
Related structure
Impact Loan Fund is a subordinate organization under Impact Services Corporation.
Total revenues
$909,660
2024
Total expenses
$913,345
2024
Total assets
$9,037,274
2024
Num. employees
0
2024

Program areas at Impact Loan Fund

Impact Loan Fund is a certified community development financial institution supporting the mission to provide capital to disadvantaged businesses in its target area supporting the community and economic development efforts in the greater kensington community.

Who funds Impact Loan Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Pennsylvania Cdfi NetworkTechnical Assistance$331,000

Financials for Impact Loan Fund

RevenuesFYE 06/2024
Total grants, contributions, etc.$331,000
Program services$479,958
Investment income and dividends$98,702
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$909,660
Data update history
March 30, 2025
Posted financials
Added Form 990 for fiscal year 2024
August 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 8, 2024
Updated personnel
Identified 1 new personnel
July 24, 2024
Updated personnel
Identified 6 new personnel
July 18, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Business and community development organizationsChapter / child organizationsCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1952 E Allegheny Ave
Philadelphia, PA 19134
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
impactloanfund.org/ 
Phone
(215) 974-0900
IRS details
EIN
23-3032463
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
Free account sign-up

Want updates when Impact Loan Fund has new information, or want to find more organizations like Impact Loan Fund?

Create free Cause IQ account