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Lancaster Redevelopment Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 811823893 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

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Overview

What is Lancaster Redevelopment Fund?

The Lancaster Redevelopment Fund is a nonprofit organization situated in Lancaster, Pennsylvania. Its primary mission revolves around combating urban blight, achieving this goal through grant programs, albeit with no payments scheduled for 2022. Acting as an economic development entity, the Lancaster Redevelopment Fund aims to revitalize its community by addressing and eliminating physical deterioration and decay in the city.


Official website here: www.lchra.com redevelopment-fund-inc

Is Lancaster Redevelopment Fund legitimate?

Lancaster Redevelopment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lancaster Redevelopment Fund submitted a form 990EZ, 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.


Official website here: www.lchra.com redevelopment-fund-inc

What is the mission statement of Lancaster Redevelopment Fund?

The Lancaster Redevelopment Fund, functioning as an economic development organization, focuses its mission on combating urban blight. It achieves this goal by providing grant programs, although no payouts are scheduled for 2022. Despite the hiatus in grant disbursements, the fund continues to support the betterment of its community by addressing blight issues. It's an organization dedicated to fostering a more appealing and prosperous environment.


Official website here: www.lchra.com redevelopment-fund-inc

Who is the CEO of Lancaster Redevelopment Fund?

James R Williams is the Vice-President of Lancaster Redevelopment Fund.


Official website here: www.lchra.com redevelopment-fund-inc

What is the revenue of Lancaster Redevelopment Fund?

Lancaster Redevelopment Fund's revenue in 2022 was $95,606.


Official website here: www.lchra.com redevelopment-fund-inc

Who are the executives of Lancaster Redevelopment Fund and what are their salaries?


Here are 5 key members and their salaries:


Edward C Fisher (Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Williams (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald S Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Eby (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Lyon-Slaymaker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lchra.com redevelopment-fund-inc

Where can I find the form 990EZ for Lancaster Redevelopment Fund?

Lancaster Redevelopment Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lchra.com redevelopment-fund-inc

Learn more at the official website: www.lchra.com redevelopment-fund-inc

Mission Statement of Lancaster Redevelopment Fund

The Lancaster Redevelopment Fund, as a mission-driven entity, is dedicated to addressing blight in communities through its grant programs. Serving as an economic development organization, this nonprofit aims to revitalize areas by providing financial assistance for blight remediation projects. However, it has been announced that no grant payments will be made out in the year 2022. Despite the pause in grant disbursements, the Lancaster Redevelopment Fund continues to advocate for the betterment of communities, contributing to the overall development and improvement of the areas it serves.

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Impact




October, 2024

The Lancaster Redevelopment Fund plays a significant role in addressing blight remediation in Lancaster, PA, by supporting initiatives that improve community conditions and stimulate economic development. Through its grant programs, it seeks to revitalize areas affected by blight, transforming neglected spaces into thriving, usable properties that benefit residents and businesses alike.

Although no grants were disbursed in 2022, the organization's activities are focused on fostering an environment where community improvement is prioritized, collaborating with local stakeholders to identify key areas for redevelopment. This effort enhances the overall quality of life in Lancaster, encouraging investment, and promoting sustainable growth within the community. By tackling the challenges of blight, the Lancaster Redevelopment Fund contributes to the city's long-term vision of a revitalized and healthy urban environment.




This information is meant to be a general summary of Lancaster Redevelopment Fund. 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.

Revenue
$95,606 (2022)
Expenses
$9,830 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $192
  • Gross Receipts: $95,606

Assets and Liabilities:

  • Total Assets: $235,158
  • Total Liabilities: $8,989
  • Net Assets: $226,169

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Organization Details

Principal Officer

James R Williams

Main Address

28 PENN SQUARE STE 200, LANCASTER, PA, 176034297

NTEE Category

Code: S30 - Community improvement

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