Overview
What is Appalachian Assistive Technology Loan Fund Inc?
Appalachian Assistive Technology Loan Fund Inc, established in 2021, is a nonprofit organization situated in King of Prussia, Pennsylvania. Its primary goal is to make assistive technology devices and services more accessible to individuals with disabilities and their families living in the Appalachian region. By offering low or no-interest loans, the organization aims to foster greater independence, productivity, and inclusion within the community. As a federally certified Community Development Financial Institution (CDFI), Appalachian Assistive Technology Loan Fund Inc provides valuable financing opportunities, enabling individuals with disabilities to purchase assistive technology that significantly improves their daily lives.
Is Appalachian Assistive Technology Loan Fund Inc legitimate?
Appalachian Assistive Technology Loan Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian Assistive Technology Loan Fund Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $27,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,304
For more financial information, click here
What is the mission statement of Appalachian Assistive Technology Loan Fund Inc?
The Appalachian Assistive Technology Loan Fund Inc, established as a non-profit organization in 2021, is committed to providing financing opportunities. Its primary mission is to offer low or no-interest loans to individuals with disabilities and their families residing in states within the Appalachian region. The aim is to facilitate access to assistive technology devices and services, thereby enhancing their independence, productivity, and inclusion in the community. As a federally certified Community Development Financial Institution (CDFI), the Appalachian Assistive Technology Loan Fund Inc plays a crucial role in empowering individuals with disabilities by expanding their access to essential tools that improve their quality of life.
Who is the CEO of Appalachian Assistive Technology Loan Fund Inc?
Ben Laudermilch is the President of Appalachian Assistive Technology Loan Fund Inc. The CEO's salary of Appalachian Assistive Technology Loan Fund Inc is $0 and their total compensation is $88,607.
What is the revenue of Appalachian Assistive Technology Loan Fund Inc?
Appalachian Assistive Technology Loan Fund Inc's revenue in 2023 was $107,439.
Who are the executives of Appalachian Assistive Technology Loan Fund Inc and what are their salaries?
There 7 volunteers at Appalachian Assistive Technology Loan Fund Inc.
Here are 9 key members and their salaries (Appalachian Assistive Technology Loan Fund Inc's CEO's salary is $0 and their total compensation is $88,607):
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- Related: $175,387
- Other: $6,821
- Compensation: $0
- Related: $67,738
- Other: $20,869
Where can I find the form 990 for Appalachian Assistive Technology Loan Fund Inc?
Appalachian Assistive Technology Loan Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Appalachian Assistive Technology Loan Fund Inc
Appalachian Assistive Technology Loan Fund Inc, established as a non-profit organization in 2021, is committed to providing financing opportunities for individuals with disabilities. Their mission is to offer low or no-interest loans for the purchase of assistive technology devices and services. This initiative aims to enhance the quality of life for individuals with disabilities and their families, enabling them to gain greater independence, productivity, and inclusion within their communities. As a Federally Certified Community Development Financial Institution (CDFI), Appalachian Assistive Technology Loan Fund Inc serves as a vital resource, providing accessible and affordable solutions for individuals in need.
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Impact
October, 2024
The Appalachian Assistive Technology Loan Fund Inc. significantly impacts individuals with disabilities by providing crucial financial resources to access assistive technology devices and services. Launched in 2021, it helps residents within the Appalachian region secure low or no-interest loans, empowering them to enhance their independence, productivity, and community inclusion. By enabling access to vital tools and services, the organization plays a transformative role in improving the quality of life for individuals and their families. As a federally certified Community Development Financial Institution, it effectively addresses financial barriers that often prevent people with disabilities from obtaining necessary support, making a meaningful difference in their everyday experiences and opportunities.
This information is meant to be a general summary of Appalachian Assistive Technology Loan Fund Inc. 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 2023.
- Investment Income: $32,188
- Gross Receipts: $108,772
Assets and Liabilities:
- Total Assets: $2,933,750
- Total Liabilities: $216,330
- Net Assets: $2,717,420
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Organization Details
Founding Year
2021
Phone
(484) 674-0506Principal Officer
Ben Laudermilch
Main Address
1004 W 9TH AVE FIRST FLOOR, KING OF PRUSSIA, PA, 19406
NTEE Category
Code: P80 - Human services
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