2025-03-10T15:24:15-05:00 2024-06-30 232415973 HERBEIN COMPANY INC 2763 CENTURY BOULEVARD READING PA 19610 990 2023-07-01 232953796 PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION PENN 4846740506 1004 W 9TH AVENUE FIRST FLOOR KING OF PRUSSIA PA 19406 MITCH BILKER TREASURER 4846740506 2025-03-10 1 1 LINDA S HIMEBACK CPA P00042618 6103781175 2025-03-10 2023 2025-03-06 01:10:19Z MITCH BILKER 1004 W 9TH AVENUE FIRST FLOOR KING OF PRUSSIA PA 19406 1496538 0 X WWW.PATF.US X 1998 PA TO PROVIDE EDUCATION AND FINANCING OPPORTUNITIES FOR PEOPLE WITH DISABILITIES 12 12 15 16 0 0 1469633 1297399 0 0 136115 196027 2705 3112 1608453 1496538 0 0 0 0 1439173 1387306 0 0 86353 423151 666787 1862324 2054093 -253871 -557555 3687655 3200976 275830 383098 3411825 2817878 X PATF PROVIDES FINANCING OPPORTUNITIES, EDUCATION, AND ADVOCACY FOR PEOPLE WITH DISABILITIES AND OLDER PENNSYLVANIANS, HELPING THEM TO ACQUIRE THE ASSISTIVE TECHNOLOGY DEVICES AND SERVICES THAT IMPROVE THE QUALITY OF THEIR LIVES. 0 0 1778729 PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION (PATF) IS A NON-PROFIT, STATE-ACCREDITED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND PA'S ALTERNATIVE FINANCING PROGRAM, AS DESIGNATED BY THE 21ST CENTURY ASSISTIVE TECHNOLOGY ACT, THAT PROVIDES NO-INTEREST MINI-LOANS ($100 TO $7,000) TO QUALIFIED APPLICANTS FOR THE PURCHASE OF ASSISTIVE TECHNOLOGY DEVICES AND SERVICES. PATF MAY ALSO AWARD A PARTIAL GRANT TO THOSE BORROWERS WHO MEET ELIGIBILITY GUIDELINES. IN ADDITION, PATF IS A CREDIT BROKER AND HAS CONTRACTED WITH FIRST BANK, UNIVEST BANK, AND WSFS BANK TO EXTEND LOW-INTEREST LOANS ($7,001 TO $60,000) FOR ASSISTIVE TECHNOLOGY. PATF MAY PROVIDE A LOAN GUARANTEE (UP TO $45,000) SHOULD AN APPLICANT'S CREDIT NOT MEET TRADITIONAL LENDING STANDARDS, BUT THEY CAN DEMONSTRATE AN ABILITY AND WILLINGNESS TO REPAY A LOAN. PATF STAFF PROVIDES EXTENSIVE INFORMATION AND ASSISTANCE SERVICES TO PENNSYLVANIANS REGARDING OTHER POSSIBLE FUNDING SOURCES. PATF'S PRODUCTS AND SERVICES ALSO INCLUDE FINANCIAL EDUCATION AND COACHING, ALL UNDERWRITING ACTIVITIES RELATED TO BORROWING, AND THE REPORTING OF REPAYMENTS TO CREDIT BUREAUS SO THAT BORROWERS HAVE AN OPPORTUNITY TO IMPROVE THEIR OVERALL CREDIT WORTHINESS. 1778729 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 0 0 0 1 17 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X THE ORGANIZATION 4846740506 1004 W 9TH AVENUE FIRST FLOOR KING OF PRUSSIA PA 19406 NANCY MURRAY PRESIDENT 2.00 X X 0 0 0 DALE VERCHICK VICE PRESIDENT, INTERIM SECRETARY 2.00 X X 0 0 0 MITCH BILKER TREASURER 2.00 X X 0 0 0 MELISSA ROONEY SECRETARY THROUGH APRIL 2.00 X X 0 0 0 DEREK BAKER ESQ IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 LISA BRYANT DIRECTOR 1.00 X 0 0 0 JEFFREY W COOPER DIRECTOR 1.00 X 0 0 0 SYBILLE DAMAS DIRECTOR 1.00 X 0 0 0 KATHERINE REIM DIRECTOR 1.00 X 0 0 0 KAY TYBERG DIRECTOR 1.00 X 0 0 0 CHARLES W HORTON JR DIRECTOR 1.00 X 0 0 0 LISA M ROBINSON DIRECTOR 1.00 X 0 0 0 HEIDI E SHEEHAN CPA DIRECTOR 1.00 X 0 0 0 BEN LAUDERMILCH CHIEF EXECUTIVE OFFICER THROUGH JANUARY 32.50 5.00 X 238183 0 16811 EVAN DAVIS INTERIM CO-CEO (FEB - AUG) 37.50 X 0 0 0 TRACY BECK LENDING & OPERATIONS DIRECTOR, INTERIM CO-CEO 37.50 X 112965 0 30369 351148 0 47180 2 0 1 0 0 1224847 72552 1297399 38386 38386 157641 0 157641 157641 157641 OTHER INCOME 900099 3112 3112 3112 1496538 3112 0 196027 X 167536 143243 16587 7706 976229 834676 96646 44907 35529 30377 3518 1634 119226 101938 11803 5485 88786 75912 8790 4084 2175 1860 215 100 19680 16826 1949 905 10152 7106 3046 255885 222156 23028 10701 23932 20462 2369 1101 65332 55909 6471 2952 9326 7974 923 429 60065 51356 5946 2763 17808 17808 7773 7120 446 207 5740 4908 568 264 4871 4165 482 224 LOAN AND GRANT PROGRAMS 108284 108284 PUBLIC RELATIONS 62864 53749 6224 2891 EVALUATION & BUSINESS S 12877 12877 PROGRAM WEBSITE COSTS 23 23 2054093 1778729 189011 86353 84828 81496 814001 990923 432274 439667 237421 244024 18791 3028 42634 28859 19515 13775 1679425 1267746 401400 160317 3687655 3200976 88788 159737 61624 187042 161737 275830 383098 X 3222780 2715416 189045 102462 3411825 2817878 3687655 3200976 -557555 -36392 0 X 0 1 X 1 0 X 1380021 1594312 2391458 1469633 1297399 8132823 1380021 1594312 2391458 1469633 1297399 8132823 10000 5000 15000 0 10000 5000 15000 8117823 87585 82452 54446 52126 38386 314995 87585 82452 54446 52126 38386 314995 794 1473 707 2705 3112 8791 1468400 1678237 2446611 1524464 1338897 8456609 0.95990 0.95240 0.03720 0.04490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5630 3920 1710 37004 24939 12065 13775 SECURITY DEPOSITS 3331 RIGHT-TO-USE ASSETS, OPERATING LEASES 156986 160317 OPERATING LEASE LIABILITIES 160852 DUE TO AFFILIATES 885 161737 X 1449994 -36392 -36392 1486386 10152 10152 1496538 2043941 0 2043941 10152 10152 2054093 PART X, LINE 2: IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS RELATIVE TO UNRELATED BUSINESS INCOME, IF ANY, AS REQUIRED. X X X X X X 0 0 0 0 0 0 0 0 0 BEN LAUDERMILCH CHIEF EXECUTIVE OFFICER THROUGH JANU 238183 0 0 0 0 0 7781 0 9030 0 254994 0 0 0 PART I, LINE 3 THE CHIEF EXECUTIVE OFFICER COMPLETES A SELF-EVALUATION TO REFLECT ON PERFORMANCE AND GOALS ESTABLISHED IN THE PREVIOUS REVIEW AND GOALS FOR THE COMING YEAR. THE SELF-EVALUATION IS FORWARDED TO THE BOARD ALONG WITH COMMENTS FROM BOARD MEMBERS ON ACCOMPLISHMENTS OF THE CEO. THE BOARD ESTABLISHES A PAY RANGE WHICH REFLECTS THE PAY FOR COMPARABLE POSITIONS IN THE MARKET OF THE FOUNDATION. THE BOARD WILL EVALUATE THE PAY RANGE AT LEAST ONCE EVERY THREE YEARS THROUGH OTHER NON-PROFIT COMPENSATION STUDIES OR A COMMISSIONED STUDY. THE BOARD PRESIDENT WILL MEET WITH THE CEO TO COMPLETE THE REVIEW, AGREE ON GOALS AND ADVISE THE CEO OF THE COMPENSATION DECISION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS AND DISCUSSES THE 990, WHICH IS THEN SIGNED BY AN OFFICER. THE 990 IS AVAILABLE TO ALL BOARD MEMBERS TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY SHALL BE REVIEWED BY THE BOARD ANNUALLY FOR THE INFORMATION AND GUIDANCE OF MEMBERS OF THE BOARD AND OFFICERS, AND BROUGHT TO THE ATTENTION OF NEW MEMBERS OF THE BOARD AND OFFICERS. IN THIS CONNECTION, THE BOARD SHALL, BY RESOLUTION, ADOPT A STATEMENT OF POLICY FOR DISTRIBUTION TO SUCH MEMBERS AND OFFICERS EXPLAINING THE OBLIGATIONS OF SUCH INDIVIDUALS UNDER APPLICABLE LAW. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER COMPLETES A SELF-EVALUATION TO REFLECT ON PERFORMANCE AND GOALS ESTABLISHED IN THE PREVIOUS REVIEW AND GOALS FOR THE COMING YEAR. THE SELF-EVALUATION IS FORWARDED TO THE BOARD ALONG WITH COMMENTS FROM BOARD MEMBERS ON ACCOMPLISHMENTS OF THE CEO. THE BOARD ESTABLISHES A PAY RANGE WHICH REFLECTS THE PAY FOR COMPARABLE POSITIONS IN THE MARKET OF THE FOUNDATION. THE BOARD WILL EVALUATE THE PAY RANGE AT LEAST ONCE EVERY THREE YEARS THROUGH OTHER NON-PROFIT COMPENSATION STUDIES OR A COMMISSIONED STUDY. THE BOARD PRESIDENT WILL MEET WITH THE CEO TO COMPLETE THE REVIEW, AGREE ON GOALS AND ADVISE THE CEO OF THE COMPENSATION DECISION. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 MINUTES, BY-LAWS, ANNUAL AUDIT, THE 990 AND FORM 1023 ARE AVAILABLE TO BE REVIEWED UPON REQUEST AT THE ORGANIZATIONS LOCATION. FORM 990, PART IX, LINE 11G PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 3,691. MANAGEMENT AND GENERAL EXPENSES 427. FUNDRAISING EXPENSES 199. TOTAL EXPENSES 4,317. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 212,010. MANAGEMENT AND GENERAL EXPENSES 21,854. FUNDRAISING EXPENSES 10,155. TOTAL EXPENSES 244,019. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 6,455. MANAGEMENT AND GENERAL EXPENSES 747. FUNDRAISING EXPENSES 347. TOTAL EXPENSES 7,549. APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC 1004 W 9TH AVE FIRST FLOOR KING OF PRUSSIA PA 19406 861763469 FINANCING OPPORTUNITIES FOR INDIVDIUALS WITH DISABILITIES PA 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC N 1200 COST APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC O 106851 COST