2023-12-05T10:59:39-06:00 2023-06-30 232415973 HERBEIN COMPANY INC 2763 CENTURY BOULEVARD READING PA 19610 990 2022-07-01 232953796 PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION PENN 4846740506 1004 W 9TH AVENUE FIRST FLOOR KING OF PRUSSIA PA 19406 BEN LAUDERMILCH CHIEF EXECUTIVE OFFICER 4846740506 2023-12-05 1 BEN LAUDERMILCH 999009999 1 LINDA S HIMEBACK CPA P00042618 6103781175 2023-12-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BEN LAUDERMILCH 1004 W 9TH AVENUE FIRST FLOOR KING OF PRUSSIA PA 19406 1608453 0 X WWW.PATF.US X 1998 PA TO PROVIDE EDUCATION AND FINANCING OPPORTUNITIES FOR PEOPLE WITH DISABILITIES 15 15 17 50 0 0 2391458 1469633 0 0 124118 136115 707 2705 2516283 1608453 0 0 0 0 1140420 1439173 0 0 105318 506095 423151 1646515 1862324 869768 -253871 5123127 3687655 521577 275830 4601550 3411825 X PATF PROVIDES EDUCATION AND FINANCING OPPORTUNITIES, AND ADVOCATES FOR PEOPLE WITH DISABILITIES AND OLDER PENNSYLVANIANS, HELPING THEM TO ACQUIRE ASSISTIVE TECHNOLOGY DEVICES AND SERVICES THAT IMPROVE THE QUALITY OF THEIR LIVES. 0 0 1569204 PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION (PATF) IS A NON-PROFIT, COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND PA'S ALTERNATIVE FINANCING PROGRAM, AS DESIGNATED BY THE ASSISTIVE TECHNOLOGY ACT, THAT PROVIDES NO-INTEREST MINI-LOANS ($100 TO $7,000) TO QUALIFIED APPLICANTS FOR THE PURCHASE OF ASSISTIVE TECHNOLOGY DEVICES AND SERVICES. PATF MAY ALSO AWARD A PARTIAL GRANT TO THOSE BORROWERS WHO MEET ELIGIBILITY GUIDELINES. IN ADDITION, PATF IS A CREDIT BROKER AND HAS CONTRACTED WITH MALVERN BANK, UNIVEST BANK, AND WSFS BANK TO EXTEND LOW-INTEREST LOANS ($7,001 TO $60,000) FOR ASSISTIVE TECHNOLOGY. PATF MAY PROVIDE A LOAN GUARANTEE (UP TO $35,000) SHOULD AN APPLICANT'S CREDIT NOT MEET TRADITIONAL LENDING STANDARDS, BUT HE / SHE CAN DEMONSTRATE AN ABILITY AND WILLINGNESS TO REPAY A LOAN. PATF STAFF PROVIDES EXTENSIVE INFORMATION AND ASSISTANCE SERVICES TO PENNSYLVANIANS REGARDING OTHER POSSIBLE FUNDING SOURCES. PATF'S PRODUCTS AND SERVICES ALSO INCLUDE FINANCIAL EDUCATION AND COACHING, ALL UNDERWRITING ACTIVITIES RELATED TO BORROWING, AND THE REPORTING OF REPAYMENTS TO CREDIT BUREAUS SO THAT BORROWERS HAVE AN OPPORTUNITY TO IMPROVE THEIR OVERALL CREDIT WORTHINESS. 1569204 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 20 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X THE ORGANIZATION 4846740506 1004 W 9TH AVENUE FIRST FLOOR KING OF PRUSSIA PA 19406 NANCY MURRAY PRESIDENT 2.00 X X 0 0 0 PETER KENNEDY VICE-PRESIDENT THROUGH APRIL 2.00 X X 0 0 0 CHRISTINE MCGINLEY CO-TREASURER THROUGH DEC 2.00 X X 0 0 0 MITCH BILKER CO-TREASURER 2.00 X X 0 0 0 MELISSA ROONEY SECRETARY 2.00 X X 0 0 0 DEREK BAKER ESQ IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 JOSIE BADGER DIRECTOR THROUGH OCTOBER 1.00 X 0 0 0 LISA BRYANT DIRECTOR AS OF JULY 1.00 X 0 0 0 JEFFREY W COOPER DIRECTOR 1.00 X 0 0 0 SYBILLE DAMAS DIRECTOR 1.00 X 0 0 0 THERESA JENKINSON DIRECTOR 1.00 X 0 0 0 MARYLOU KNABEL DIRECTOR 1.00 X 0 0 0 KATHERINE REIM DIRECTOR 1.00 X 0 0 0 KAY TYBERG DIRECTOR 1.00 X 0 0 0 DALE VERCHICK DIRECTOR 1.00 X 0 0 0 HEIDI E SHEEHAN CPA DIRECTOR AS OF APRIL 1.00 X 0 0 0 LISA M ROBINSON DIRECTOR AS OF JUNE 1.00 X 0 0 0 CHARLES W HORTON JR DIRECTOR AS OF JUNE 1.00 X 0 0 0 SUSAN TACHAU CEO THRU SEPT, CIO OCT THRU JUNE 32.50 5.00 X 175387 0 6821 BEN LAUDERMILCH CHIEF EXECUTIVE OFFICER AS OF OCT 32.50 5.00 X 67768 0 20869 TRACY BECK LENDING & OPERATIONS DIRECTOR 37.50 X 107030 0 29878 350185 0 57568 2 0 1 0 0 1244210 225423 1469633 52126 52126 83989 0 83989 83989 83989 OTHER INCOME 900099 2705 2705 2705 1608453 2705 0 136115 341445 211513 65520 64412 870061 782056 73504 14501 26725 22449 2673 1603 106313 89302 10631 6380 94629 79488 9463 5678 2184 1835 218 131 17422 14635 1742 1045 12845 8991 3854 87025 79551 4672 2802 65548 65394 96 58 58655 49232 5937 3486 16473 13837 1647 989 60065 50455 6006 3604 16914 16914 9235 8445 790 3643 3643 5740 4822 574 344 4746 3986 475 285 FUNDING ASSISTANCE CONT 47599 47599 EVALUATION & BUSINESS S 8810 8810 LOAN AND GRANT PROGRAMS 3209 3209 PROGRAM WEBSITE COSTS 3038 3038 1862324 1569204 187802 105318 49220 84828 948853 814001 405488 432274 934310 237421 1510 18791 42634 23119 25255 19515 2755160 1679425 3331 401400 5123127 3687655 91861 88788 426716 0 3000 187042 521577 275830 X 4469185 3222780 132365 189045 4601550 3411825 5123127 3687655 X -253871 64867 -1000721 X 0 1 X 1 0 X 1045528 1380021 1594312 2391458 1469633 7880952 1045528 1380021 1594312 2391458 1469633 7880952 10000 5000 15000 0 10000 5000 15000 7865952 94083 87585 82452 54446 52126 370692 94083 87585 82452 54446 52126 370692 2178 794 1473 707 2705 7857 1141789 1468400 1678237 2446611 1524464 8259501 0.95240 0.94580 0.04490 0.05350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5630 3545 2085 37004 19574 17430 19515 SECURITY DEPOSITS 3331 DUE FROM AFFILIATE 210880 RIGHT-TO-USE ASSETS, OPERATING LEASES 187189 401400 OPERATING LEASE LIABILITIES 187042 187042 X 1674350 64867 13875 78742 1595608 12845 12845 1608453 1863354 13875 13875 1849479 12845 12845 1862324 PART X, LINE 2: IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS RELATIVE TO UNRELATED BUSINESS INCOME, IF ANY, AS REQUIRED. X X X X X X 0 0 0 0 0 0 0 0 0 SUSAN TACHAU CEO THRU SEPT, CIO OCT THRU JUNE 175387 0 0 0 0 0 4666 0 2155 0 182208 0 0 0 PART I, LINE 3 THE CHIEF EXECUTIVE OFFICER COMPLETES A SELF-EVALUATION TO REFLECT ON PERFORMANCE AND GOALS ESTABLISHED IN THE PREVIOUS REVIEW AND GOALS FOR THE COMING YEAR. THE SELF-EVALUATION IS FORWARDED TO THE BOARD ALONG WITH COMMENTS FROM BOARD MEMBERS ON ACCOMPLISHMENTS OF THE CEO. THE BOARD ESTABLISHES A PAY RANGE WHICH REFLECTS THE PAY FOR COMPARABLE POSITIONS IN THE MARKET OF THE FOUNDATION. THE BOARD WILL EVALUATE THE PAY RANGE AT LEAST ONCE EVERY THREE YEARS THROUGH OTHER NON-PROFIT COMPENSATION STUDIES OR A COMMISSIONED STUDY. THE BOARD PRESIDENT WILL MEET WITH THE CEO TO COMPLETE THE REVIEW, AGREE ON GOALS AND ADVISE THE CEO OF THE COMPENSATION DECISION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS AND DISCUSSES THE 990, WHICH IS THEN SIGNED BY AN OFFICER. THE 990 IS AVAILABLE TO ALL BOARD MEMBERS TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY SHALL BE REVIEWED BY THE BOARD ANNUALLY FOR THE INFORMATION AND GUIDANCE OF MEMBERS OF THE BOARD AND OFFICERS, AND BROUGHT TO THE ATTENTION OF NEW MEMBERS OF THE BOARD AND OFFICERS. IN THIS CONNECTION, THE BOARD SHALL, BY RESOLUTION, ADOPT A STATEMENT OF POLICY FOR DISTRIBUTION TO SUCH MEMBERS AND OFFICERS EXPLAINING THE OBLIGATIONS OF SUCH INDIVIDUALS UNDER APPLICABLE LAW. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER COMPLETES A SELF-EVALUATION TO REFLECT ON PERFORMANCE AND GOALS ESTABLISHED IN THE PREVIOUS REVIEW AND GOALS FOR THE COMING YEAR. THE SELF-EVALUATION IS FORWARDED TO THE BOARD ALONG WITH COMMENTS FROM BOARD MEMBERS ON ACCOMPLISHMENTS OF THE CEO. THE BOARD ESTABLISHES A PAY RANGE WHICH REFLECTS THE PAY FOR COMPARABLE POSITIONS IN THE MARKET OF THE FOUNDATION. THE BOARD WILL EVALUATE THE PAY RANGE AT LEAST ONCE EVERY THREE YEARS THROUGH OTHER NON-PROFIT COMPENSATION STUDIES OR A COMMISSIONED STUDY. THE BOARD PRESIDENT WILL MEET WITH THE CEO TO COMPLETE THE REVIEW, AGREE ON GOALS AND ADVISE THE CEO OF THE COMPENSATION DECISION. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 MINUTES, BY-LAWS, ANNUAL AUDIT, THE 990 AND FORM 1023 ARE AVAILABLE TO BE REVIEWED UPON REQUEST AT THE ORGANIZATIONS LOCATION. FORM 990, PART XI, LINE 9: CAPITAL CONTRIBUTION TO AFFILIATE -1,000,721. APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC 1004 W 9TH AVE FIRST FLOOR KING OF PRUSSIA PA 19406 861763469 FINANCING OPPORTUNITIES FOR INDIVDIUALS WITH DISABILITIES PA 501(C)(3) LINE 10 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC B 1000721 COST APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC N 1200 COST APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC O 43457 COST