Overview
What is Lancaster Dollars For Higher Learning?
Lancaster Dollars for Higher Learning is a nonprofit organization situated in Lancaster, Pennsylvania. Its primary mission is to assist full-time college students in achieving their academic goals by providing interest-free tuition loans. During the year ending September 30, 2022, they extended 261 new loans. Based at 313 W LIBERTY ST STE 343, Lancaster Dollars for Higher Learning employs a modest team of two individuals dedicated to this cause.
Official website here: www.lancdollars.org
Is Lancaster Dollars For Higher Learning legitimate?
Lancaster Dollars For Higher Learning is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lancaster Dollars For Higher Learning 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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Other Salaries and Wages: $57,269
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Official website here: www.lancdollars.org
What is the mission statement of Lancaster Dollars For Higher Learning?
Lancaster Dollars For Higher Learning's mission is centered around assisting full-time college students in achieving their academic goals. The organization accomplishes this by offering interest-free tuition loans to students, with the expectation that the loans will be repaid upon graduation. During the year ending September 30, 2022, 261 new loans were extended to eligible students.
Official website here: www.lancdollars.org
Who is the CEO of Lancaster Dollars For Higher Learning?
Jean Bednarski is the President of Lancaster Dollars For Higher Learning.
Official website here: www.lancdollars.org
What is the revenue of Lancaster Dollars For Higher Learning?
Lancaster Dollars For Higher Learning's revenue in 2022 was $398,162.
Official website here: www.lancdollars.org
Who are the executives of Lancaster Dollars For Higher Learning and what are their salaries?
The average compensation at Lancaster Dollars For Higher Learning during 2022 was $28,634. There are 2 employees and 26 volunteers at Lancaster Dollars For Higher Learning.
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Official website here: www.lancdollars.org
Where can I find the form 990 for Lancaster Dollars For Higher Learning?
Lancaster Dollars For Higher Learning's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lancdollars.org
Learn more at the official website: www.lancdollars.org
Mission Statement of Lancaster Dollars For Higher Learning
Lancaster Dollars for Higher Learning is an organization dedicated to aiding full-time college students in achieving their academic goals. It accomplishes this mission by extending interest-free tuition loans to students, with the expectation that they will repay these loans upon graduation. During the fiscal year ending September 30, 2022, the organization extended 261 such loans.
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Impact
October, 2024
Lancaster Dollars For Higher Learning significantly impacts students' educational journeys by offering interest-free tuition loans, enabling them to pursue their degrees without the burden of accruing interest. With 261 new loans extended in the year ending September 30, 2022, the organization directly supports full-time college students in Lancaster, PA, by financing their education in a more manageable and sustainable way. This support alleviates immediate financial pressures, allowing students to focus on their studies and graduate without the typical debt associated with college loans. Through this initiative, students are empowered to achieve their academic and career goals, contributing to a more educated workforce and community.
This information is meant to be a general summary of Lancaster Dollars For Higher Learning. 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: $97,328
- Program Service Revenue: $125,549
- Gross Receipts: $2,709,382
Assets and Liabilities:
- Total Assets: $5,692,827
- Total Liabilities: $2,028
- Net Assets: $5,690,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN ACCRETION
Revenue
$125,549
Organization Details
Founding Year
1961
Phone
(717) 397-7920Principal Officer
Jean Bednarski
Main Address
313 W LIBERTY ST STE 343, LANCASTER, PA, 17603
Website
www.lancdollars.orgNTEE Category
Code: B90 - Education
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