2025-05-19T10:38:34-04:00 2024-06-30 231709427 BERTZ HESS & CO LLP 36 EAST KING ST LANCASTER PA 17602 990 2023-07-01 463140210 FINANTA COMMUNITY DEVELOPMENT CORPORATION FINA 7173932351 1301 N 2ND STREET PHILADELPHIA PA 19122 LLOYD SHIELDS INTERIM CFO 7173932351 2025-05-19 true true THOMAS A WOBBER CPA P01276864 7173930767 2025-05-19 X 2023 2025-03-06 01:10:19Z DAN BETANCOURT 1464918 false X FINANTA.ORG X 1996 PA A LENDING INSTITUTION FACILITATING ACCESS TO CAPITAL AND CONSULTATION SERVICES. 15 15 0 0 1479189 117372 697468 651165 88709 696381 0 2265366 1464918 0 0 1301320 994657 0 99740 368765 770560 1670085 1765217 595281 -300299 33843899 26157089 12230878 13674484 21613021 12482605 A NON-PROFIT LENDING INSTITUTION FACILITATING ACCESS TO CAPITAL AND CONSULTATION SERVICES TO ENTREPRENEURS, FIRST-TIME HOMEBUYERS, AND CONSUMERS IN THE DELAWARE VALLEY REGION. false false 1444668 1347546 TECHNICAL ASSISTANCE AND LOAN PRODUCTS FOR ENTREPRENEURS, START-UP AND SMALL BUSINESSES, FIRST-TIME CONSUMER AND HOMEBUYER BORROWERS, AND LOCAL AFFORDABLE REAL ESTATE DEVELOPERS. SUCH PRODUCTS ARE SUPPORTED WITH CREDIT BUILDING AND FINANCIAL COACHING, BUSINESS TRAINING, AND INCUBATING SPACE. 1444668 true true false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true X 0 0 false 0 false false false false false false false false false false false false false false X 15 15 false false false false true true false true true false false true true true true true true true false false PA X THE ORGANIZATION 2154263882 1301 NORTH 2ND STREET PHILADELPHIA PA 19122 DAN BETANCOURT PRESIDENT & 1.00 60.00 X 0 363943 27332 JOAN BROADHEAD CHIEF STRATE 1.00 48.00 X X 0 206704 32504 JAMES BUERGER LENDER 1.00 50.00 X X 0 158342 22807 LLOYD SHIELDS INTERIM CFO 1.00 45.00 X X 0 164223 0 ANTHONY PAPPION CFO 1.00 45.00 X X 0 58794 13024 ELIZABETH BENNETT CFO 1.00 45.00 X X 0 9176 0 LENIN AGUDO BOARD MEMBER 1.00 1.00 X 0 0 0 JONATHAN BOWSER CHAIR 1.00 1.00 X X 0 0 0 MARILYN BROWN SECRETARY 1.00 1.00 X X 0 0 0 NATALIA DOMINGUEZ BUCKLEY BOARD MEMBER 1.00 1.00 X 0 0 0 REV DR GREGORY J EDWARDS BOARD MEMBER 1.00 1.00 X 0 0 0 SAMUEL T COOPER ESQ BOARD MEMBER 1.00 1.00 X 0 0 0 CARLOS LOPEZ BOARD MEMBER 1.00 1.00 X 0 0 0 LAWRENCE MCCOMIE VICE CHAIR 1.00 1.00 X X 0 0 0 R ERIC MENZER BOARD MEMBER 1.00 1.00 X 0 0 0 ROBERT TORRES TREASURER 1.00 1.00 X X 0 0 0 961182 95667 false true false 56622 60750 117372 INTEREST INCOME 522291 550289 550289 MISCELLANEOUS 522291 53948 53948 LOAN AND SERVICE FEES 522291 46928 46928 651165 696381 696381 1464918 1347546 783445 641178 86937 55330 151533 124016 7892 19625 59679 48842 7465 3372 296 296 120513 98575 21938 3000 2455 375 170 11995 8497 1501 1997 185175 151549 23163 10463 30904 25292 3866 1746 1961 1605 245 111 62939 62939 31582 20948 3951 6683 1012 829 126 57 GRANTS TO OTHERS 350000 350000 MISCELLANEOUS 21848 21848 BANK FEES 3878 3878 DUES AND SUBSCRIPTIONS 3290 2693 411 186 -57833 -57833 1765217 1444668 220809 99740 15440639 10184140 294215 411679 6446 15210369 13457669 10281 2212228 595169 1648291 1617059 838706 881494 33843899 26157089 54297 125986 310117 21020 3703795 3339294 8162669 10188184 12230878 13674484 X 16870465 9112105 4742556 3370500 21613021 12482605 33843899 26157089 X -300299 -2 -8830115 X false true X true false X 3007929 751391 1351783 1479189 117372 6707664 932855 836505 1115255 697468 651165 4233248 3940784 1587896 2467038 2176657 768537 10940912 10940912 20781 12352 22676 88709 696381 840899 20781 12352 22676 88709 696381 840899 3961565 1600248 2489714 2265366 1464918 11781811 0.92860 0.98870 0.07000 0.01000 X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 353417 353417 1620533 357281 1263252 238278 237888 390 1617059 DUE TO COMMUNITY FIRST FUND 10188184 10188184 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS EVALUATED THE TAX FILINGS FOR THE OPEN TAX YEARS FOR UNCERTAIN TAX POSITIONS. THE TAX YEARS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE 2020, 2021, 2022, AND 2023. THE TAX YEARS SUBJECT TO EXAMINATION BY THE STATE JURISDICTION ARE UNLIMITED. false false false false false false false false false DAN BETANCOURT PRESIDENT & CEO 363943 13500 13832 391275 JOAN BROADHEAD CHIEF STRATEGIC OFCR 206704 2036 30468 239208 JAMES BUERGER LENDER 158342 7871 14936 181149 LLOYD SHIELDS INTERIM CFO 164223 164223 FORM 990, PART V LINE 1: 1099 FILINGS ARE COMPLETED BY COMMUNITY FIRST FUND AS THE COMMON PAYMASTER. LINE 2: THERE ARE NO EMPLOYEES OF FINANTA. SALARIES REPORTED ON PART IX, LINE 7 REPRESENT THE ALLOCATED PAYROLL EXPENSE FOR THE TIME SPENT ON FINANTA BY COMMUNITY FIRST FUND ("CFF") EMPLOYEES. FINANTA REIMBURSES CFF FOR THIS APPORTIONED TIME. ALL PAYROLL FILINGS ARE COMPLETED BY CFF UNDER EIN 23-2689714. FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBER OF THE CORPORATION IS COMMUNITY FIRST FUND. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS HAVE THE RIGHT TO VOTE FOR THE ELECTION OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S BOARD OF DIRECTORS AND PRESIDENT REVIEW THE FORM 990 TOGETHER TO VERIFY THE AMOUNTS REPORTED ARGREE WITH THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR AND ALL QUESTIONS ARE ANSWERED ACCURATELY. IN ADDITION, AN INDEPENDENT AUDIT COMMITTEE ALSO REVIEWS THE FORM 990 AND ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD COMPLETES ANNUAL QUESTIONNAIRE. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S COMPENSATION IS APPROVED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC IN THE ORGANIZATION'S OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9 TRANSFER TO COMMUNITY FIRST FUND -8,830,115 COMMUNITY FIRST FUND PO BOX 524 LANCASTER PA 17608 232689714 LOANS PA 501C3 7 NA false false true false false true false false false false false false false true true true false false false false COMMUNITY FIRST FUND E 2025515 INCR NOTE PAYABLE COMMUNITY FIRST FUND B 8830115 TRANSFER OF CAPITAL