2026-05-11T11:33:33-05:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 2501 W BELTLINE HWY STE 501 MADISON WI 53713 990 2024-07-01 541989160 PEOPLE INCORPORATED FINANCIAL SERVICES INC PEOP 2766239000 1173 WEST MAIN STREET ABINGDON VA 24210 BRYAN PHIPPS CEO 2766239000 2026-04-06 1 0 QUINN DUGAN P02267768 6082741980 2026-04-06 2024 2025-03-06 01:10:19Z BRYAN PHIPPS 1173 WEST MAIN STREET ABINGDON VA 24210 3542230 0 X WWW.PEOPLEINC.NET X 2000 VA TO PROMOTE THE ECONOMIC SELF-SUFFICIENCY AND A BETTER QUALITY OF LIFE FOR THE CITIZENS OF THE REGION THROUGH SMALL BUSINESS OWNERSHIP, JOB CREATION, AND ASSET DEVELOPMENT. IN SUPPORT OF THIS GOAL, PEOPLE FINANCIAL SERVICES PROVIDES BUSINESS AND FINANCIAL LITERACY TRAINING, INDIVIDUAL TECHNICAL ASSISTANCE, AND MARKETING SERVICES TO ENTREPRENEURS AND OTHERS THROUGHOUT THE REGION. 7 7 0 10 0 0 765137 1155175 975278 1960786 387294 373430 47212 52839 2174921 3542230 0 0 0 0 842341 980224 0 0 0 1455015 1642965 2297356 2623189 -122435 919041 8688506 8083485 4001916 2477854 4686590 5605631 X TO PROMOTE THE ECONOMIC SELF-SUFFICIENCY AND A BETTER QUALITY OF LIFE FOR THE CITIZENS OF THE REGION THROUGH SMALL BUSINESS OWNERSHIP, JOB CREATION, AND ASSET DEVELOPMENT. IN SUPPORT OF THIS GOAL, PEOPLE FINANCIAL SERVICES PROVIDES BUSINESS AND FINANCIAL LITERACY TRAINING, INDIVIDUAL TECHNICAL ASSISTANCE, AND MARKETING SERVICES TO ENTREPRENEURS AND OTHERS THROUGHOUT THE REGION. 0 0 2492477 0 1960786 BUSINESS AND FINANCIAL LITERACY TRAINING, INDIVIDUAL TECHNICAL ASSISTANCE, AND MARKETING SERVICES TO ENTREPRENEURS AND OTHERS THROUGHOUT THE REGION. 125 JOBS WERE CREATED AND RETAINED AS A RESULT OF COMMUNITY ECONOMIC DEVELOPMENT PROGRAM ACTIVITIES. BUSINESS LENDING & TRAINING: 1,128 ENTREPRENEURS RECEIVED SMALL BUSINESS DEVELOPMENT LENDING AND TRAINING SERVICES TO SUCCESSFULLY MANAGE THEIR OWN BUSINESS. CONSUMER LENDING & EDUCATION: 387 INDIVIDUALS RECEIVED FINANCIAL LITERACY TRAINING AND ACCESS TO AFFORDABLE FINANCING TO MEET THEIR SHORT TERM NEEDS. 2492477 1 1 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X X BRYAN PHIPPS 2766239000 1173 WEST MAIN STREET ABINGDON VA 24210 BRYAN PHIPPS PRESIDENT/CEO 1.00 41.00 X 0 197062 3634 CHARLOTTE MULLINS CHAIR 1.00 X X 0 0 0 BILLY TAYLOR VICE-CHAIR 1.00 2.00 X X 0 0 0 SHELIA COMBS TUGGLE TREASURER (THRU 05/2025) 1.00 X X 0 0 0 DAVID MCCRACKEN SECRETARY 1.00 2.00 X X 0 0 0 WILLIAM BUTLER DIRECTOR 1.00 X 0 0 0 PEGGY KISER DIRECTOR 1.00 2.00 X 0 0 0 ALICE MEADE DIRECTOR 1.00 1.00 X 0 0 0 JAN SELBO DIRECTOR 1.00 2.00 X 0 0 0 CHRIS SHORTRIDGE DIRECTOR (THRU 07/2025) 1.00 2.00 X 0 0 0 0 197062 3634 0 0 1 0 0 1102675 52500 1155175 NMTC REVENUE 624200 1960786 1960786 1960786 373430 373430 52839 52839 52839 3542230 1960786 0 426269 X 741601 685187 56414 238623 220471 18152 285674 263943 21731 110681 102261 8420 41766 38589 3177 47665 44039 3626 6411 5923 488 BAD DEBT EXPENSE 904890 904890 REPAIRS & MAINTENANCE 35899 33168 2731 MATERIALS AND SUPPLIES 21648 20001 1647 188331 174005 14326 2623189 2492477 130712 0 642677 218201 2458919 2513468 281017 301157 5294688 5021326 0 22315 11205 7018 8688506 8083485 251003 32735 2722345 2373653 1028568 71466 4001916 2477854 X 1741265 3014405 2945325 2591226 4686590 5605631 8688506 8083485 919041 0 X X 0 1 X 1 0 X 2530460 4468650 1643806 765137 1155175 10563228 2530460 4468650 1643806 765137 1155175 10563228 10563228 193204 194407 303042 387294 373430 1451377 12014605 4178372 0.87920 0.90390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RELATED PARTY PAYABLE 71466 71466 X PART X, LINE 2: PIFS IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. PIFS HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 BRYAN PHIPPS PRESIDENT/CEO 0 181711 0 0 0 15351 0 3634 0 0 0 200696 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND CFO REVIEW THE FORM 990 WITH THE FINANCE COMMITTEE. THE FINANCE COMMITTEE THEN RECOMMENDS TO THE FULL BOARD FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY APPARENT OR REAL CONFLICTS OF INTEREST MUST BE DISCLOSED TO THE CEO. THE CEO HAS AN OBLIGATION TO DISCLOSE ANY REAL AND APPARENT CONFLICTS OF INTEREST TO THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR MAKING DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING DIRECTORS, THE CEO, AND OTHER MEMBERS OF SENIOR MANAGEMENT. THE CHAIR OF THE COMMITTEE IS RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING COMMITTEE MEMBERS. THE CHAIR OF THE BOARD IS RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICT INVOLVING THE CHAIR OF THE COMMITTEE. THE CEO IS RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF A CONFLICT INVOLVING EMPLOYEES BELOW SENIOR MANAGEMENT LEVEL, SUBJECT TO THE APPROVAL OF THE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 263,943. MANAGEMENT AND GENERAL EXPENSES 21,731. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 285,674. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES MADE FROM PRIOR YEAR. PEOPLE INCORPORATED HOUSING GROUP 1173 WEST MAIN STREET ABINGDON CA 24210 542073839 HOUSING VA 501(C)(3) LINE 7 PEOPLE INCORPORATED OF VIRGINIA 0 PEOPLE INCORPORATED OF VIRGINIA 1173 WEST MAIN STREET ABINGDON CA 24210 540763686 COMMUNITY SERVICES VA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0