Geauga Amish Loan Fund is located in Burton, OH. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geauga Amish Loan Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Geauga Amish Loan Fund generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 12.7% per year over the past 8 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond E Yoder Trustee | 3 | $0 | |
Joe Kauffman Trustee | 3 | $0 | |
Allen Byler Trustee | 3 | $0 | |
Ray Gingerich Chairman | 3 | $0 | |
Jake J Byler Trustee | 3 | $0 | |
David Barkman Asst Treasurer | 20 | $4,188 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,699 |
| Interest on Savings | $40,672 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,070,896 |
| Total Revenue | $3,133,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $114,664 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,777,777 |
| Taxes | $861 |
| Depreciation | $3,918 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $132,439 |
| Total operating and administrative expenses | $3,069,888 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,069,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,098,822 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $600,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $87,281,758 |
| Investments—other | $1,400,847 |
| Net Land, buildings, and equipment | $39,747 |
| Other assets | $131,043 |
| Total assets | $93,552,217 |
| Accounts payable and accrued expenses | $3,023 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $93,263,907 |
| Total liabilities | $93,266,930 |
Over the last fiscal year, Geauga Amish Loan Fund has awarded $35,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SUNNY HOPE SCHOOL PURPOSE: COMMUNITY OUTREACH | $5,000 |
SUNNY ACRES PURPOSE: COMMUNITY OUTREACH | $5,000 |
NOHF PURPOSE: COMMUNITY OUTREACH | $5,000 |
GENTLE SOLUTIONS PURPOSE: COMMUNITY OUTREACH | $5,000 |
SUNSHINE TRAINING CENTER PURPOSE: COMMUNITY OUTREACH | $5,000 |
SPECIAL EDUCATION PURPOSE: COMMUNITY OUTREACH | $5,000 |