Overview
What is Lycoming Foundation C/O Woodlands Bank Trust Services?
Lycoming Foundation C/O Woodlands Bank Trust Services is a nonprofit organization situated in Williamsport, Pennsylvania. Established with a board of trustees, its primary objective is to bolster the economic, commercial, and industrial growth of Lycoming County. To accomplish this, the foundation manages a revolving loan fund, which they utilize to construct, repair, buy, sell, and lease real estate, as well as provide loans for county development projects. By offering financial assistance in this manner, the organization significantly contributes to the prosperity of Lycoming County.
Official website here: www.lycomingedf.com
Is Lycoming Foundation C/O Woodlands Bank Trust Services legitimate?
Lycoming Foundation C/O Woodlands Bank Trust Services is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lycoming Foundation C/O Woodlands Bank Trust Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.lycomingedf.com
What is the mission statement of Lycoming Foundation C/O Woodlands Bank Trust Services?
The Lycoming Foundation, managed by Woodlands Bank Trust Services, carries out its mission by providing loans through a revolving loan fund. This initiative is designed to foster economic, commercial, and industrial growth in Lycoming County. The foundation operates with a board of trustees, and its primary objective is to enhance the county's economic well-being. To achieve this, the foundation has established a revolving loan fund, which can be utilized for constructing and repairing buildings, purchasing, selling, and leasing real estate, and for lending funds to support the county's economic development.
Official website here: www.lycomingedf.com
Who is the CEO of Lycoming Foundation C/O Woodlands Bank Trust Services?
Thomas B Burkholder is the Trustee of Lycoming Foundation C/O Woodlands Bank Trust Services.
Official website here: www.lycomingedf.com
What is the revenue of Lycoming Foundation C/O Woodlands Bank Trust Services?
Lycoming Foundation C/O Woodlands Bank Trust Services's revenue in 2022 was $475,603.
Official website here: www.lycomingedf.com
Who are the executives of Lycoming Foundation C/O Woodlands Bank Trust Services and what are their salaries?
There 13 volunteers at Lycoming Foundation C/O Woodlands Bank Trust Services.
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Official website here: www.lycomingedf.com
Where can I find the form 990 for Lycoming Foundation C/O Woodlands Bank Trust Services?
Lycoming Foundation C/O Woodlands Bank Trust Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lycomingedf.com
Learn more at the official website: www.lycomingedf.com
Mission Statement of Lycoming Foundation C/O Woodlands Bank Trust Services
The Lycoming Foundation, managed by Woodlands Bank Trust Services, carries out its mission by providing loans through a revolving loan fund. This initiative is aimed at promoting economic growth and development within Lycoming County. The foundation operates with a board of trustees, and its primary objective is to enhance the commercial and industrial welfare of the county. To achieve this, the Lycoming Foundation has established a revolving loan fund, which can be utilized for constructing and repairing buildings, purchasing or leasing real estate, and lending funds for economic development projects within the county.
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Impact
October, 2024
Lycoming Foundation C/O Woodlands Bank Trust Services significantly impacts the economic landscape of Lycoming County by facilitating loans through its revolving loan fund. This initiative is designed to promote the economic, commercial, and industrial welfare of the region. By providing financial support for the construction and repair of buildings, as well as for the purchase, sale, and leasing of real estate, the foundation plays a crucial role in fostering development and growth within the community.
The foundation's activities not only stimulate local economies but also create job opportunities and enhance overall quality of life in Lycoming County. By collaborating with various stakeholders, the foundation aids in the strategic development of projects that are vital for attracting new businesses and supporting existing ones. This commitment to community improvement directly contributes to the economic resilience and sustainability of the area. Through its focused efforts, Lycoming Foundation is instrumental in shaping a prosperous future for its residents and businesses.
This information is meant to be a general summary of Lycoming Foundation C/O Woodlands Bank Trust Services. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $390,348
- Program Service Revenue: $85,255
- Gross Receipts: $3,517,827
Assets and Liabilities:
- Total Assets: $11,495,664
- Total Liabilities: $191,167
- Net Assets: $11,304,497
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST - PROGRAMATIC LOANS
Revenue
$85,255
Organization Details
Founding Year
1955
Phone
(570) 320-2468Principal Officer
Thomas B Burkholder
Main Address
2450 EAST THIRD STREET, WILLIAMSPORT, PA, 17701
Website
www.lycomingedf.comNTEE Category
Code: S31 - Community improvement
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