2025-04-24T15:52:51-05:00 2024-06-30 341884125 CBIZ ADVISORS LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2023-07-01 232850840 NORTH PHILADELPHIA FINANCIAL PARTNERSHIP NEIGHBORHOOD PROGRESS FUND NORT 2152320516 1300 W LEHIGH AVENUE 100 PHILADELPHIA PA 19132 LARRICO OWENS EXECUTIVE DIRECTOR 2152320516 2025-04-23 1 1 AMY A O'LOUGHLIN P00869687 6022646835 2025-04-23 2023 2025-03-06 01:10:19Z LARRICO OWENS 1300 W LEHIGH AVENUE 100 PHILADELPHIA PA 19132 1929387 0 X WWW.NPFP.ORG X 1996 PA TO FACILITATE ECONOMIC EMPOWERMENT AND FINANCIAL SELF-SUFFICIENCY FOR THE RESIDENTS LIVING IN DISTRESSED COMMUNITIES OF PHILADELPHIA. 8 8 4 6 0 0 1094532 697863 166307 245688 169559 179629 0 0 1430398 1123180 0 0 0 0 372872 623602 0 0 0 305470 321336 678342 944938 752056 178242 8099914 8957235 744396 1210132 7355518 7747103 TO FACILITATE ECONOMIC EMPOWERMENT AND FINANCIAL SELF-SUFFICIENCY FOR THE RESIDENTS LIVING IN DISTRESSED COMMUNITIES OF PHILADELPHIA. 0 0 670323 245688 TO PROVIDE DEBT AND EQUITY FINANCING TO ENTREPRENEURS, BUSINESSES AND NON-PROFIT ORGANIZATIONS THAT ARE LOCATED OR SEEK TO LOCATE WITHIN THE THE DISTRESSED COMMUNITIES OF PHILADELPHIA. 670323 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 2 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 PA X LARRICO OWENS 2152320516 1300 W LEHIGH AVENUE 100 PHILADELPHIA PA 19132 JAMES A WELLONS ESQ CHAIR 3.00 X X 0 0 0 SHIRLEY L COKER ESQ VICE CHAIR 3.00 X X 0 0 0 MARNICIA DEVORE SECRETARY 3.00 X X 0 0 0 MARGARET A COBB TREASURER 3.00 X X 0 0 0 LISA CORBIN BOARD MEMBER 3.00 X 0 0 0 BEN GILBERT BOARD MEMBER 3.00 X 0 0 0 LARRICO OWENS EXECUTIVE DIRECTOR 50.00 X 215696 0 2600 215696 0 2600 1 0 1 0 0 697863 697863 LOAN INTEREST 525990 200968 200968 RECOVERY OF EXPENSES 525990 22650 22650 LOAN ORIGINATION FEES 525990 20730 20730 OTHER INCOME 525990 1340 1340 245688 183177 183177 802659 806207 -3548 -3548 -3548 1123180 245688 0 179629 218296 163722 54574 307023 230267 76756 8046 6034 2012 46185 34639 11546 44052 33039 11013 31769 31769 32906 32906 7116 7116 12016 9013 3003 4076 3057 1019 42978 31741 11237 8006 657 7349 24929 24929 2784 2784 14872 11154 3718 BAD DEBTS 57407 57407 PROGRAM DEVLOPMENT 45008 45008 LENDING EXPENSES 31480 31480 DUES & SUBSCRIPTIONS 5989 5989 944938 670323 274615 0 348721 440672 896293 428822 2172027 3331372 110794 104981 5394 5813 4621787 4722451 55692 28105 8099914 8957235 6599 3775 23781 46281 560000 1130000 154016 30076 744396 1210132 X 2047964 2689636 5307554 5057467 7355518 7747103 8099914 8957235 178242 213343 0 X 0 1 X 1 0 X 903258 845463 1094532 697863 3541116 202585 180435 142882 142038 200968 868908 6407 11335 20166 24269 44720 106897 208992 1095028 1008511 1260839 943551 4516921 0 0 0 4516921 62092 62364 123965 168099 183177 599697 62092 62364 123965 168099 183177 599697 271084 1157392 1132476 1428938 1126728 5116618 0.88280 0.81230 0.11720 0.10280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35780 35780 0 18968 18479 489 56046 50722 5324 5813 RIGHT OF USE LIABILITIES 30076 30076 X 1303617 213343 213343 1090274 32906 32906 1123180 912032 0 912032 32906 32906 944938 PART X, LINE 2: NPFP ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD APPLIED TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. NPFP HAS BEEN RECOGNIZED AS TAX-EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAXES UNDER THE COMMONWEALTH ACT OF MAY 5, 1933 AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED AND NPFP HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. NPFP BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO AND INCLUDING JUNE 30, 2021. X X X 0 0 0 0 0 0 0 0 0 LARRICO OWENS EXECUTIVE DIRECTOR 197500 0 18196 0 0 0 2600 0 0 0 218296 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS DURING THE BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS, COMMITTEE MEMBERS, AND NPFP EMPLOYEES. BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS ANNUALLY. IF A BOARD MEMBER, COMMITTEE MEMBER, OR NPFP EMPLOYEE, OR AN INDIVIDUAL OR ORGANIZATION WITH WHICH THE MEMBER OR EMPLOYEE IS ASSOCIATED, HAS AN INTEREST IN A CURRENT OR PROPOSED TRANSACTION WITH NPFP, THEN THE MEMBER OR EMPLOYEE MUST DISCLOSE THAT INTEREST AT THE EARLIEST OPPORTUNITY, PRIOR TO ANY DISCUSSION OR NEGOTIATION OF THAT TRANSACTION. ANY BOARD MEMBER, COMMITTEE MEMBER, OR NPFP EMPLOYEE WHO IS AWARE OF A POTENTIAL CONFLICT OF INTEREST INVOLVING ANY MATTER UNDER CONSIDERATION BY THE BOARD, COMMITTEE, OR NPFP SHALL NOT BE PRESENT FOR ANY DISCUSSION OF THE MATTER AND SHALL NOT BE PERMITTED TO VOTE ON ANY MATTER IN WHICH THE MEMBER OR EMPLOYEE HAS AN INTEREST. WHEN AN NPFP EMPLOYEE IS AWARE OF A POTENTIAL CONFLICT OF INTEREST AFFECTING A BOARD MEMBER OR COMMITTEE MEMBER, THAT BOARD MEMBER OR COMMITTEE MEMBER SHALL NOT RECEIVE RELATED DOCUMENTS FROM NPFP IN ADVANCE OF THE DISCUSSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE THROUGH A PUBLIC WEBSITE UPON REQUEST.