2024-05-03T08:17:09-05:00 2023-06-30 232108173 RKL LLP 3501 CONCORD ROAD STE 250 YORK PA 17402 990 2022-07-01 232788924 TENFOLD COMMUNITY LENDING TENF 7173975182 308 EAST KING STREET LANCASTER PA 17602 SHELBY NAUMAN CEO 7173975182 2024-04-23 1 SHELBY NAUMAN 999009999 0 DOUGLAS L BERMAN CPA P01269555 7178433804 2024-04-23 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHELBY NAUMAN 308 EAST KING STREET LANCASTER PA 17602 629161 0 X WEARETENFOLD.ORG X 1994 PA TENFOLD SPARKS THE POWER IN ALL PEOPLE TO ACHIEVE EQUITABLE HOUSING AND FINANCIAL SECURITY. 17 17 7 17 0 0 676381 283560 3308 0 369729 345601 0 0 1049418 629161 0 0 0 0 276329 290391 0 0 0 512951 430345 789280 720736 260138 -91575 11075119 11400110 4824550 5241116 6250569 6158994 X TENFOLD SPARKS THE POWER IN ALL PEOPLE TO ACHIEVE EQUITABLE HOUSING AND FINANCIAL SECURITY. WE ARE THE TRUSTED COMMUNITY PARTNER INNOVATIVELY BUILDING WEALTH AND ACHIEVING QUALITY, FAIR AND AFFORDABLE HOUSING FOR ALL, THROUGH PROACTIVE COACHING, EDUCATION, LENDING AND ADVOCACY. 0 0 472795 251614 THE HOMEBUYER PROGRAM PROVIDED CLOSING COST LOANS AVERAGING $9,814 THAT ENABLE 35 LOW AND MODERATE INCOME FAMILIES TO PURCHASE THEIR FIRST HOME. THE TOTAL AMOUNT OF CLOSING COST LOANS ORIGINATED WAS $343,500. THE LOANS ARE PROVIDED INTEREST FREE WITH PAYMENT DEFERRED UNTIL RESALE. 160833 THE LOCAL HOUSING INVESTMENT TRUST FUND (LHIFT) IS A REVOLVING LOAN FUND FOR FLEXIBLE, LOW INTEREST LOANS TO SUPPORT AND STIMULATE THE CREATION, REHABILITATION, AND PRESERVATION OF AFFORDABLE HOUSING AND MIXED-USE PROJECTS WITHIN THE SOUTH CENTRAL PENNSYLVANIA COUNTIES OF ADAMS, CUMBERLAND, DAUPHIN, FRANKLIN, LANCASTER, LEBANON, PERRY AND YORK. NO LOANS WERE MADE IN THE FISCAL YEAR. 633628 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X WILFRED BENTLEY 7173589269 308 EAST KING STREET LANCASTER PA 17602 JEFF SCHEUREN CHAIR 1.00 1.00 X X 0 0 0 ABBY TUCKER VICE CHAIR (ENDED 6/30/23) 1.00 1.00 X X 0 0 0 ANDREW KEHL TREASURER 1.00 1.00 X X 0 0 0 CHARITY WELCH SECRETARY 1.00 1.00 X X 0 0 0 TIMBREL CHYATEE DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM GLOVER DIRECTOR 1.00 1.00 X 0 0 0 LISA GREENER DIRECTOR 1.00 1.00 X 0 0 0 JASON HESS DIRECTOR 1.00 1.00 X 0 0 0 RICHARD JACKSON DIRECTOR 1.00 1.00 X 0 0 0 MARY KOHLER DIRECTOR 1.00 1.00 X 0 0 0 JILL LASKOWITZ DIRECTOR (ENDED 6/30/23) 1.00 1.00 X 0 0 0 CHRISTINA ORTEGA DIRECTOR 1.00 1.00 X 0 0 0 ELLEN PADILLA DIRECTOR 1.00 1.00 X 0 0 0 RANDY PATTERSON DIRECTOR 1.00 1.00 X 0 0 0 STEPHANIE REESE DIRECTOR (ENDED 6/30/23) 1.00 1.00 X 0 0 0 BRIAN ROCHE DIRECTOR 1.00 1.00 X 0 0 0 DOUG UMBLE DIRECTOR (ENDED 6/30/23) 1.00 1.00 X 0 0 0 KATIE ZIMMERMAN DIRECTOR (ENDED 7/14/22) 1.00 1.00 X 0 0 0 SHELBY NAUMAN CEO 5.00 35.00 X 0 119391 10952 0 119391 10952 0 0 0 0 0 283560 283560 345601 251614 93987 629161 251614 0 93987 233282 194546 38736 2931 2931 36924 31528 5396 17254 14986 2268 26103 26103 8275 8275 10204 10204 11189 11189 686 640 46 6757 2970 3787 18567 5152 13415 1581 1581 72887 72887 44 44 IMPUTED INTEREST ON HOM 251614 251614 DUES AND SUBSCRIPTIONS 9181 2874 6307 REPAIRS AND MAINTENANCE 6838 9 6829 MISCELLANEOUS EXPENSE 4063 3999 64 2356 2300 56 720736 633628 87108 0 226282 180640 2178262 2914698 102552 181322 8568023 8123450 11075119 11400110 437267 78327 4225000 4275000 162283 887789 4824550 5241116 X 4962208 4948298 1288361 1210696 6250569 6158994 11075119 11400110 -91575 0 X X 0 1 X 1 0 X 1485337 1218091 772198 676381 283560 4435567 1485337 1218091 772198 676381 283560 4435567 4435567 385444 409901 364786 369729 345601 1875461 6311028 0.70280 0.56070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 562789 COLUMBIA BOROUGH 325000 887789 X 629161 0 629161 0 629161 720736 0 720736 0 720736 PART X, LINE 2: THE ORGANIZATION ADHERES TO THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES (ASC 740). ASC 740 ESTABLISHES RULES FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN IN AN INCOME TAX RETURN, INCLUDING DISCLOSURES OF UNCERTAIN TAX POSITIONS (UTPS). ASC 740 MANDATES THAT ORGANIZATIONS EVALUATE ALL MATERIAL INCOME TAX POSITIONS FOR PERIODS THAT REMAIN OPEN UNDER APPLICABLE STATUTES OF LIMITATION, AS WELL AS POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. THE UTP RULES THEN IMPOSE A RECOGNITION THRESHOLD ON EACH TAX POSITION. A COMPANY CAN RECOGNIZE AN INCOME TAX BENEFIT ONLY IF THE POSITION HAS A "MORE LIKELY THAN NOT" (I.E., MORE THAN 50 PERCENT) CHANCE OF BEING SUSTAINED ON THE TECHNICAL MERITS. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, THE ORGANIZATION HAS TAKEN NO MATERIAL TAX POSITIONS ON ITS APPLICABLE TAX FILINGS THAT DO NOT MEET THE MORE LIKELY THAN NOT THRESHOLD. AS A RESULT, NO AMOUNTS FOR UNCERTAIN TAX POSITIONS HAVE BEEN INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX EXAMINATION FOR YEARS PRIOR TO 2020. FORM 990, PART V, LINE 1C: THE ORGANIZATION DID NOT HAVE ANY INSTANCES WHERE BACKUP WITHHOLDING WAS REQUIRED; HOWEVER, IF THE SITUATION WOULD ARISE, THE ORGANIZATION IS AWARE OF THE REPORTING REQUIREMENTS AND WOULD HANDLE THAT ACCORDINGLY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF TENFOLD COMMUNITY LENDING ARE SELECTED BY THE BOARD OF DIRECTORS OF TENFOLD. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER, CHIEF COMMUNITY INVESTMENT OFFICER, AND BOARD TREASURER. PUBLIC COPIES OF THE 990 ARE PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH ALL BOARD MEMBERS AT THE TIME THEY JOIN THE BOARD. IT IS ALSO REVIEWED ANNUALLY IN BOARD MEETINGS AND STAFF MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION INCLUDES A REVIEW OF COMPARABILITY DATA AND A DECISION BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR ON EITHER ITS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OR SELECTION OF AN INDEPENDENT ACCOUNTANT. TENFOLD 308 EAST KING STREET PO BOX 1676 LANCASTER PA 17602 231731792 PROVIDES HOUSING AND FINANCIAL SOLUTIONS TO LOW INCOME INDIVIDUALS PA 501(C)(3) LINE 7 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0