EIN 23-2855262

VestedIn

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
1996
Most recent tax filings
2022-06-01
Description
Wpfsi mission is to facilitate economic empowerment and increased employment opportunities within the west philadelphia empowerment zone. Wpfsi also operates a program for high school students to provide insight into financial education, college planning and career planning. Vestedin's mission is to facilitate economic empowerment to small businesses & the community and increased employment opportunities in the philadelphia area.
Also known as...
West Philadelphia Financial Services Institution
Total revenues
$1,842,886
2022
Total expenses
$1,579,248
2022
Total assets
$7,760,084
2022
Num. employees
12
2022

Program areas at VestedIn

Provides economic empowerment to small businesses & the community and increased employment opportunities in the philadelphia area. Provides capital, technical assistance and financial services as an innovative response to a low-income community historically under served by traditional financial institutions. Vestedin also operates a program for high school students to provide insight into financial education, college planning and career planning.

Who funds VestedIn

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Truist FoundationGeneral Operating$155,200
Pennsylvania Cdfi NetworkLoan and Debt Relief$122,796
The Patricia Kind Family FoundationGeneral Charitable Purposes$20,000

Personnel at VestedIn

NameTitleCompensation
James R BurnettExecutive Director$73,337
Fred AlstonVice Chairman$0
Janis HollowayVice Chairman / Board Member$0
Vanessa WilliamsTreasurer$0
Janet GlennSecretary$0
...and 1 more key personnel

Financials for VestedIn

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,512,515
Program services$321,682
Investment income and dividends$288
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$8,401
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,842,886

Form 990s for VestedIn

Fiscal year endingDate received by IRSFormPDF link
2020-062022-03-22990View PDF
2019-062020-08-25990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
2016-062017-07-13990View PDF
...and 5 more Form 990s
Data update history
May 25, 2023
Updated personnel
Identified 7 new personnel
May 17, 2023
Received grants
Identified 2 new grant, including a grant for $210,000 from The Philadelphia Foundation (PF)
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
December 14, 2021
Updated personnel
Identified 2 new personnel
December 7, 2021
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
Fundraising eventsState / local levelReceives government fundingTax deductible donations
General information
Address
3675 Market St
Philadelphia, PA 19104
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
vestedin.org/our-story/ 
Phone
(215) 452-0100
IRS details
EIN
23-2855262
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when VestedIn has new information, or want to find more organizations like VestedIn?

Create free Cause IQ account