2024-11-14T13:37:49-05:00 2024-06-30 570772152 PAYNE WHITE AND SCHMUTZ CPA PA 114 WN 1ST STREET SENECA SC 29678 990 2023-07-01 320158554 ANABAPTIST FINANCIAL ANAB 55 WHISPER CREEK DRIVE LEWISBURG PA 17837 TIM THOMAS FINANCIAL OFFIC 8006539817 2024-11-08 true true Christian Schmutz P01829100 8648821937 2024-11-14 2023 2024-10-15 13:58:12Z PAUL A MILLER 47423871 false X WWW.AFWEB.ORG X 2005 PA ANABAPTIST FINANCIAL HAS BEEN ESTABLISHED TO ADVANCE CONSERVATIVE AMISH, MENNONITE, AND BRETHEN (ANABAPTIST) RELIGIOUS BELIEFS, CULTURAL TRADITIONS AND LIFESTYLES. ANABAPTIST FINANCIAL WAS CREATED TO GENERATE A SOURCE OF FUNDS FOR MAKING (CONTINUED) 10 10 35 0 0 0 28723019 43585622 390872 3107891 341348 730358 29455239 47423871 275000 0 0 1900204 2273752 0 55746 23524736 40781476 25699940 43055228 3755299 4368643 711959439 804017830 690909245 778598993 21050194 25418837 ANABAPTIST FINANCIAL HAS BEEN ESTABLISHED TO ADVANCE CONSERVATIVE AMISH, MENNONITE, AND BRETHEN (ANABAPTIST) RELIGIOUS BELIEFS, CULTURAL TRADITIONS AND LIFESTYLES. ANABAPTIST FINANCIAL WAS CREATED TO GENERATE A SOURCE OF FUNDS FOR MAKING (CONTINUED) false false 41125728 44315980 LOAN PROGRAM: AF MAKES LOANS TO ANABAPTIST INDIVIDUALS, BUSINESSES, AND CHARITABLE ORGANIZATIONS. LOANS INCLUDE BUSINESS REAL ESTATE, BUSINESS OPERATING, AND HOME MORTGAGES. AS OF ITS CURRENT YEAR END, AF HAD 3,170 OUTSTANDING LOANS IN ITS LOAN PORTFOLIO, TOTALING LOAN RECEIVABLES OF $711,069,736 NET OF A LOAN LOSS RESERVE OF $1,721,869. THESE LOANS ASSIST ANABAPTISTS IN MAINTAINING THEIR RELIGIOUS BELIEFS AND CULTURAL LIFESTYLES. 41125728 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false true false false false false false false false false false true false false false true 8279 0 true 35 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false PA X X TIM THOMAS 8006539817 55 WHISPER CREEK DRIVE LEWISBURG PA 17837 TIM THOMAS FINANCIAL OFFICER 46.00 0.00 X 145215 0 0 PAUL A MILLER EXECUTIVE OFFICER 44.00 0.00 X 139948 0 0 MERLE HERR BUSINESS RESOURCE OFFICER 0.00 48.00 X 0 136864 0 JASON PEACHEY ACCOUNTING & IT MANAGER 50.00 0.00 X 112181 0 0 RICHIE LAUER FOUNDATION OFFICER 0.00 38.00 X 0 110985 0 FLOYD MILLER OPERATIONS OFFICER 42.00 0.00 X 107600 0 0 MARK PEACHEY OFFICER 0.00 42.00 X 0 94723 0 KENNETH BURKHOLDER VICE CHAIRMAN 0.50 1.00 X 0 42753 0 LARRY TROYER AT LARGE 0.50 1.00 X 0 25759 0 DENNIS MARTIN EXECUTIVE ADMINISTRATOR 9.00 0.00 X 24438 0 0 M DEAN WENGERD AT LARGE 0.50 1.00 X 0 0 0 RICHARD HOOVER AT LARGE 0.50 1.00 X 0 0 0 AMOS HURST JR TREASURER 0.50 1.00 X 0 0 0 STEPHEN STOLTZFUS AT LARGE 0.50 1.00 X 0 0 0 ANDREW ZIMMERMAN SECRETARY 0.50 1.00 X 0 0 0 WAYNE KEIM AT LARGE 0.50 1.00 X 0 0 0 BEN A STOLTZFUS CHAIRMAN 0.50 1.00 X 0 0 0 NATHAN ZIMMERMAN AT LARGE 0.50 1.00 X 0 0 0 529382 411084 0 4 false false false LOAN ORIGINATION FEES 900099 549600 549600 LOAN PROGRAM INTEREST 900099 42627256 42627256 COMMITMENT FEES 900099 158105 158105 OTHER PROGRAM FEES 900099 214661 214661 AFFILIATED NPO MGT FEE 532000 36000 36000 43585622 3107891 3107891 INTEREST FROM OFFRDQPS 900099 730358 730358 730358 47423871 44315980 0 3107891 559926 167418 391948 560 3535 2121 1396 18 1529758 917855 604890 7013 10806 6484 4268 54 7360 4416 2921 23 162367 97420 64135 812 60286 60286 31716 31716 202621 149062 49393 4166 16545 16545 375818 241950 118359 15509 630024 320016 298962 11046 256639 134459 122180 119728 59864 59864 19466 19466 38923465 38923465 87940 43970 43970 PROVISION FOR LOAN LOSSES 57228 57228 43055228 41125728 1873754 55746 19391003 68647180 9162370 7875985 7830 69584 10519703 12101586 655994622 697246281 3680270 463851 3289905 3216419 10403454 10726963 3190552 4133832 711959439 804017830 131658 130374 690777587 778468619 690909245 778598993 X 21050194 25418837 21050194 25418837 711959439 804017830 4368643 0 X false true X true false X 350694 350694 19820443 17585656 18461771 29064367 44315980 129248217 19820443 17936350 18461771 29064367 44315980 129598911 194267 215541 245031 341348 730358 1726545 194267 215541 245031 341348 730358 1726545 127872366 806893 504710 86900 390872 3107891 4897266 806893 504710 86900 390872 3107891 4897266 20627336 18441060 18548671 29455239 47423871 134496177 0.95080 0.96740 0.04000 0.02000 X 641198 641198 2885362 342637 2542725 153710 121214 32496 3216419 INTEREST RECEIVABLE 4133832 4133832 INVESTMENT AGREEMENTS PAYABLE 744468619 DEMAND LOAN - ANABAPTIST FOUNDATION 34000000 778468619 X 47423871 47423871 47423871 43055228 43055228 43055228 Footnote for uncertain tax position under FIN 48 (Part X) AF HAS ADOPTED ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. AFS POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO AF, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. PENALTIES AND INTEREST RELATED TO UNDERPAYMENT OF INCOME TAXES ARE NOT RECORDED AS INCOME TAXES BUT AS PENALTIES AND INTEREST EXPENSE. MANAGEMENT HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2024 AND 2023. ARLYN K BURKHOLDER SON OF BOARD MEMBER HOME MORTGAGE X 204000 98105 false true true DELMER J BENDER BRD MEMBR SON-IN-LAW BUSINESS REAL ESTATE X 415000 203784 false true true STEPHEN S STOLTZFUS BOARD MEMBER BUSINESS REAL ESTATE X 6794142 6777111 false true true KENNETH N BURKHOLDER BOARD MEMBER BUSINESS REAL ESTATE X 160000 11539 false true true GOODS STORE LP BRD MEMBER BUSINESS BUSINESS REAL ESTATE X 518000 380328 false true true BB ACRES BRD MEMBER BUSINESS BUSINESS REAL ESTATE X 96000 79166 false true true MELVIN K STOLTZFUS SON OF BOARD MEMBER BUSINESS REAL ESTATE X 630000 604164 false true true STOLTZFUS FAMILY PROPERTIES LLC BOARD MEMBER BUSINESS REAL ESTATE X 758000 754821 false true true CREATIVE GAZEBOS LLC BOARD MEMBER BUSINESS REAL ESTATE X 1500000 1442837 false true true SUZANNE KING DAUGHTER OF BRD MEMB BUSINESS REAL ESTATE X 465000 402427 false true true JUSTIN WITMER SON IN LAW OF BRD ME BUSINESS REAL ESTATE X 155000 149491 false true true STOLTZFUS FAMILY PROPERTIES LLC BOARD MEMBER BUSINESS REAL ESTATE X 1060800 974553 false true true MELVIN STOLTZFUS SON OF BOARD MEMBER BUSINESS REAL ESTATE X 66000 64132 false true true ANDREW BURKHOLDER SON OF BOARD MEMBER BUSINESS REAL ESTATE X 160000 159128 false true true 12101586 Form 990 governing body review Part VI line 11 AFS SENIOR MANAGEMENT REVIEW FORM 990 FOR ACCURACY PRIOR TO ITS FILING WITH THE IRS. Conflict of interest policy compliance Part VI line 12c THE GOVERNING BOARD IS CHARGED WITH THE RESPONSIBILITY OF MONITORING COMPLIANCE WITH AFS CONFLICT OF INTEREST POLICY. BOARD MEMBERS MUST AFFIRM THAT THEY HAVE RECEIVED A COPY OF THE POLICY, THAT THEY UNDERSTAND THE POLICY, THAT THEY AGREE TO COMPLY WITH THE POLICY, AND THAT THEY MUST ALWAYS ACT IN THE BEST INTEREST OF THE ORGANIZATION. A COMPLETE COPY OF THE POLICY MAY BE ACQUIRED BY CONTACTING THE ORGANIZATIONS BUSINESS OFFICE. CEO executive director top management comp Part VI line 15a THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE GOVERNING BOARD. COMPARATIVE AND OTHER DATA IS USED TO DETERMINE THE PROPOSED LEVEL OF COMPENSATION. THE GOVERNING BOARD APPROVES THE COMPENSATION ARRANGEMENTS WHICH IS DOCUMENTED IN THE BOARD MINUTES. Other officer or key employee compensation Part VI line 15b COMPENSATION IS DETERMINED FOR FINANCIALS OTHER OFFICERS FOLLOWING THE SAME PROCEDURES AS DESCRIBED FOR FINANCIALS EXECUTIVE DIRECTOR. Governing documents etc available to public Part VI line 19 ANABAPTIST FINANCIAL INCLUDES ITS FINANCIAL STATMENTS IN ITS ANNUAL REGISTRATION STATEMENT WITH THE PENNSYLVANIA SECURITIES COMMISSION. COPIES OF FINANCIAL STATEMENTS AND OTHER GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. THESE DOCUMENTS MAY ALSO BE INSPECTED AT FINANCIALS BUSINESS OFFICE LOCATED IN LEWISBURG, PA DURING NORMAL BUSINESS HOURS. General explanation attachment PART I AND III, LINE 1 (CONTINUATION):LOW INTEREST LOANS TO ANABAPTISTS TO FURTHER THE GOALS OF PRESERVING THE ANABAPTIST RELIGION AND WAY OF LIFE. ANABAPTIST FOUNDATION 55 WHISPER CREEK DRIVE LEWISBURG PA 17837 753187397 ASSISTANCE TO PUBLIC CHARITIES PA 501C3 7 N/A false STEWARSHIP RESOURCES 55 WHISPER CREEK DRIVE LEWISBURG PA 17837 770688163 EDUCATIONAL PROGRAMS PA 501C3 7 N/A false false false false true false false false false false true true true true true true true true false false