2026-04-09T09:30:48-05:00 2025-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR ROAD SUITE 100 WILMINGTON DE 198092863 990 2024-07-01 233032463 IMPACT LOAN FUND INC IMPA 2159740900 1952 E ALLEGHENY AVENUE PHILADELPHIA PA 19134 CASEY O'DONNEL PRESIDENT 2159740900 2026-04-09 1 STEVEN N KUTSUFLAKISCPA P02478766 3024788940 2024 2025-03-06 01:10:19Z CASEY O'DONNEL 1952 E ALLEGHENY AVENUE PHILADELPHIA PA 19134 1353118 0 X WWW.IMPACTLOANFUND.ORG X 2001 PA CERTIFIED LOAN FUND TO ASSIST SMALL BUSINESS FIRMS TO IMPROVE ECONOMIC CONDITIONS IN EASTERN PHILADELPHIA. 8 8 0 0 0 0 331000 694447 479958 555519 98702 103152 0 0 909660 1353118 0 0 0 0 0 0 0 0 0 913345 1052218 913345 1052218 -3685 300900 9037274 9733752 3930046 4325624 5107228 5408128 CERTIFIED LOAN FUND TO ASSIST SMALL BUSINESS FIRMS TO IMPROVE ECONOMIC CONDITIONS IN EASTERN PHILADELPHIA. 0 0 939932 555519 IMPACT LOAN FUND IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SUPPORTING THE MISSION TO PROVIDE CAPITAL TO DISADVANTAGED BUSINESSES IN ITS TARGET AREA SUPPORTING THE COMMUNITY AND ECONOMIC DEVELOPMENT EFFORTS IN THE GREATER KENSINGTON COMMUNITY. 939932 1 1 0 0 0 0 0 0 0 0 0 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 1 0 0 0 1 7 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 1 1 0 0 0 PA X X BBALANCED CPA 2159740900 1952 E ALLEGHANY AVENUE PHILADELPHIA PA 19134 PEARL WANG HERRERA BOARD MEMBER 2.00 X 0 0 0 DAVID LANGLIEB BOARD MEMBER 2.00 X 0 0 0 SERGIO GIRALDO BOARD MEMBER 2.00 X 0 0 0 JACK HUBBERT ESQ BOARD MEMBER 2.00 X 0 0 0 CASEY O'DONNELL PRESIDENT 2.00 42.00 X X 0 221265 0 KIMBERLY WASHINGTON BOARD MEMBER 2.00 X 0 0 0 JENISE RABB BOARD MEMBER 2.00 X 0 0 0 DAVID ORTIZ BOARD MEMBER 2.00 X 0 0 0 0 221265 0 0 0 1 0 0 694447 694447 LOAN INTEREST 900099 416019 416019 LOAN APPLICATION FEES 900099 135500 135500 ADMINISTRATION FEES 900099 4000 4000 555519 103152 103152 1353118 555519 0 103152 411578 381634 29944 33730 30669 3061 65010 65010 1591 952 639 3463 2646 817 18000 17100 900 258 258 49942 49942 72799 72799 5460 5460 LOAN LOSS RESERVE INCRE 366699 366699 DUES 13583 11575 2008 OTHER 5682 1966 3716 INSPECTION FEES 3475 3475 948 217 731 1052218 939932 112286 0 1320700 461200 2038587 2269312 14684 66250 5663303 6924440 12550 9037274 9733752 52805 97806 1225000 2025000 2652241 2202818 3930046 4325624 X 4846901 5134267 260327 273861 5107228 5408128 9037274 9733752 300900 0 X X 0 1 X 1 0 X 802446 2105736 345500 331000 694447 4279129 802446 2105736 345500 331000 694447 4279129 4279129 3725 98702 103152 205579 4484708 0.95420 0.97510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LINES OF CREDIT 2202818 2202818 X 1353118 0 1353118 0 1353118 1052218 0 1052218 0 1052218 PART X, LINE 2: THE LOAN FUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE LOAN FUND'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE LOAN FUND'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE LOAN FUND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE LOAN FUND'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE LOAN FUND WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. 0 0 0 0 0 0 0 0 0 CASEY O'DONNELL PRESIDENT 0 221265 0 0 0 0 0 0 0 0 0 221265 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS CIRCULATED TO ALL BOARD MEMBERS FOR REVIEW. THEY ARE ABLE TO COMMENT OR QUESTION BEFORE THE RETURN IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ANY KNOWN CONFLICTS ARE REPORTED TO THE BOARD AT LARGE. THIS LIST OF CONFLICTS IS UPDATED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 ANY REQUEST FOR THE DOCUMENTS ARE ANSWERED EITHER THROUGH EMAIL OR DIRECT MAIL. THE ORGANIZATION ALSO UPLOADS ITS 990 TO GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 ANY REQUEST FOR THE DOCUMENTS ARE ANSWERED EITHER THROUGH EMAIL OR DIRECT MAIL. THE ORGANIZATION ALSO UPLOADS ITS 990 TO GUIDESTAR. PART XI, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBILE FOR OVERSEEING THE AUDIT AND HAS NOT CHANGED FROM THE PREVIOUS YEAR RETURN. IMPACT SERVICES CORPORATION 1952 E ALLEGHENY AVE PHILADELPHIA PA 19134 232087348 NEEDY ASST PA 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 IMPACT SERVICES CORPORATION P CASH PAID