2025-11-17T20:01:27-05:00 2024-12-31 810617206 BENNETT & COMPANY PC 34 JEROME AVE STE 312 BLOOMFIELD CT 060022463 990 2024-01-01 262497096 PEOPLE TRUST PEOP 5014044855 5300 WEST 65TH STREET LITTLE ROCK AR 72209 ARLO WASHINGTON PRESIDENT 5044044855 2025-11-10 true true ROGER S BENNETT P00187078 8602433333 2025-11-17 2024 2025-03-06 01:10:19Z ARLO WASHINGTON 5300 WEST 65TH STREET LITTLE ROCK AR 72209 7270992 false X WWW.PEOPLETRUSTLOANS.ORG X 2016 AR PROVIDE FINANCIAL PRODUCTS AND SERVICES TO THE LOW & MODERATE INCOME COMMUNITIES. 7 6 33 15 0 2642963 6351876 227610 479769 276009 439347 0 3146582 7270992 964053 3996305 0 771029 1545327 0 203162 1237753 1383637 2972835 6925269 173747 345723 10582723 13533741 6144335 8749630 4438388 4784111 X PEOPLE TRUST'S PRIMARY PURPOSE IS TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING CREDIT COUNSELING SERVICES, FINANCIAL SUPPORT AND LITERACY FOR COMMUNITIES THAT WOULD OTHERWISE NOT RECEIVE SAID OPPORTUNITIES. 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MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740- 10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALITIES HAVE BEEN RECORDED IN THE OPERATING STATEMENT OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. SCHEDULE D, PAGE 4, PART XIII PART X, LINE 2 PEOPLE TRUST ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISION OF STATE LAW. HOWEVER, PEOPLE TRUST ARE SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS INCOME. true RENT & UTILITY ASSISTANCE 2966 3996305 SCHEDULE I, PAGE 1, PART I, LINE 2 PROCEDURES MAY INVOLVE ESTABLISHING CLEAR ELIGIBILTY CRITERIA, CONDUCTING THOROUGH VERIFICATION CHECKS BEFORE AWARDING ASSISTANCE, MAINTAIN ACCURATE DOCUMENTATION OF RECEIPT QUALIFICATIONS, CONDUCTING PERIDIOC REVIEWS OF SUBRECIPIENT ELIGIBILITY, AND PERFORMING REGULAR AUDITS TO VERIFY COMPLIANCE WITH PROGRAM REQUIREMENTS. false false false false false false false false false ARLO WASHINGTON PRESIDENT 166089 166089 DEBONY WASHINGTON TREASURER BUSINESS X 649000 620148 false true true ARLO WASHINGTON PRESIDENT PROPERTY X 150000 110025 false true true ALEXIA MAHOMES EMPLOYEE BUSINESS X 101430 54875 false true true RONNIE MARSHALL BOARD MEMBER BUSINESS X 48424 48424 false true true PLUSH HOMES COMPANY VENDOR BUSINESS LOAN X 41477 41477 false true true SANDRA BROWN EMPLOYEE AUTO X 23518 23327 false true true ZANIYA WASHINGTON EMPLOYEE AUTO X 26578 20501 false true true MARCHELLO GALMORE EMPLOYEE AUTO X 9305 8454 false true true CHRISTOPHER PORTER EMPLOYEE CONSUMER X 8938 7850 false true true RONNIE MARSHALL JR EMPLOYEE CONSUMER X 6551 5553 false true true ADAJIA WILLIAMS EMPLOYEE CONSUMER X 4629 4000 false true true DRAZELL WASHINGTON EMPLOYEE CONSUMER X 2500 2231 false true true 946865 SCHEDULE L, PART II ADAJIA WILLIAMS FROM 4,629 4,000 CONSUMER ( ) IN DEFAULT (X) APPROVED BY BOARD/COMMITTEE (X) WRITTEN AGREEMENT DRAZELL WASHINGTON FROM 2,500 2,231 CONSUMER ( ) IN DEFAULT (X) APPROVED BY BOARD/COMMITTEE (X) WRITTEN AGREEMENT FORM 990 - ORGANIZATION'S MISSION PEOPLE TRUST'S PRIMARY PURPOSE IS TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING CREDIT COUNSELING SERVICES, FINANCIAL SUPPORT AND LITERACY FOR COMMUNITIES THAT WOULD OTHERWISE NOT RECEIVE SAID OPPORTUNITIES. PEOPLE TRUST PLEDGES TO CHALLENGE WHAT HAS BECOME TRADITION IN TODAY'S WORLD. FORM 990, PART III PART III, LINE 1 FLUCATING SOCIO-ECONOMIC SYSTEM. THE GOAL IS TO CREATE AVENUES FOR AN ELEVATED UNDERSTANDING OF FINANCIAL STABILITY BY STIMULATING AND MOTIVATING AN UNTAPPED REGION OF THE ECONOMY AND THE COMMUNITIES IN WHICH THET DWELL. FORM 990, PAGE 2, PART III, LINE 4D PROVIDE TECHNICAL ASSISTANCE, FINANCIAL EDUCATION, AND FINANCIAL ASSISTANCE THROUGH GRANTS, CONSUMER LOANS, AND BUSINESS LOANS. FORM 990, PART VI PART VI, SECTION A, LINE 2: ARLO WASHINGTON AND DEBONY WASHINGTON HAVE A FAMILY RELATIONSHIP. FORM 990, PAGE 6, PART VI, LINE 8B THE ORGANIZATION'S BOARD DOES NOT HAVE ANY COMMITTEES WITH GOVERNING AUTHORITY. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 IS PRESENTED TO THE FULL BOARD FOR REVIEW BEFORE IT IS FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS OFFICER AND KEY EMPLOYEE SALARIES BY COMPARING WITH PEER ORGANIZATION SALARIES AND EVALUATION OF STAFF PERFORMANCE. THE ORGANIZATION CONDUCTED INFORMAL RESEARCH BY CHECKING COMPARABLE POSITIONS' SALARIES IN ITS LOCATION AND THROUGH DECISIONS WITH OTHER NON PROFITS. THE RESULTS OF THE DISCUSSIONS FOR OFFICER SALARIES ARE DOCUMENTED IN THE BOARDS'S MEETING MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PAGE 6, PART VI, LINE 15B RELATIONSHIP WITH ORGANIZATION: PRESIDENT FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AND TO ALL FUNDERS. PEOPLES TRUST COMMUNITY FCU 4103 E BROADWAY STREEET NORTH LITTLE ROCK AR 72117 874081295 CRDT UNION AK 501C1 7 NA false false false false false false false false false false false false false false false false false false true false