Anabaptist Financial

Organization Overview

Anabaptist Financial is located in Lewisburg, PA. The organization was established in 2009. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2020, Anabaptist Financial employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Anabaptist Financial generated $20.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $18.5m during the year ending 06/2020. While expenses have increased by 14.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ANABAPTIST FINANCIAL HAS BEEN ESTABLISHED TO ADVANCE CONSERVATIVE AMISH, MENNONITE, AND BRETHEN (ANABAPTIST) RELIGIOUS BELIEFS, CULTURAL TRADITIONS AND LIFESTYLES. ANABAPTIST FINANCIAL WAS CREATED TO GENERATE A SOURCE OF FUNDS FOR MAKING (CONTINUED)

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOAN PROGRAM: AF MAKES LOANS TO ANABAPTIST INDIVIDUALS, BUSINESSES, AND CHARITABLE ORGANIZATIONS. LOANS INCLUDE BUSINESS REAL ESTATE, BUSINESS OPERATING, AND HOME MORTGAGES. AS OF ITS CURRENT YEAR END, AF HAD 2,398OUTSTANDING LOANS IN ITS LOAN PORTFOLIO, TOTALING LOAN RECEIVABLES OF $467,166,694, NET OF A LOAN LOSS RESERVE OF $1,603,441. THESE LOANS ASSIST ANABAPTISTS IN MAINTAINING THEIR RELIGIOUS BELIEFS AND CULTURAL LIFESTYLES.


GRANTS AND ASSISTANCE PROGRAM: AF MAKES LIMITED GRANTS TO OTHER CHARITABLE ORGANIZATIONS THAT ARE EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DURING THE CURRENT YEAR, AF GAVE SUPPORT TO ONE ORGANIZATION.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Thomas
Financial Officer
$102,750
Tim R Stoltzfus
Operations Officer
$94,250
Paul A Miller
Executive Officer
$83,144
Dennis Martin
Executive Administrator
$20,475
Merle Herr
Business Resource Officer
$0
Richie Lauer
Foundation Officer
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $806,893
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,627,336

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