NORTH PHILADELPHIA FINANCIAL PARTNERSHIP

Philadelphia, PA | Philadelphia County
Revitalization/Stabilization

Overview

NORTH PHILADELPHIA FINANCIAL PARTNERSHIP
23-2850840
1300 W LEHIGH AVE
Philadelphia, PA 19132
Philadelphia County

Mission Statement info

TO STIMULATE THE ECONOMY WITHIN THE NORTH CENTRAL PHILADELPHIA EMPOWERMENT ZONE BY HELPING TO ESTABLISH AND MAINTAIN LOCAL BUSINESSES AND NON-PROFIT ORGANIZATIONS.

Founded info
1996
Total Employees info
2
Total Volunteers info
Not reported
CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
Nonprofit Classification (NTEE Code) info
S31

S - Community Improvement, Capacity Building

Urban & Community Economic Development

Organizations that provide technical assistance, loans, loan guarantees or other forms of management support to help impoverished urban communities create local jobs, sustain local services and build healthier local economies.

IRS Activity Codes info
994
Uncoded
405
Loans or grants for minority businesses
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
Not Available
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1.4M
Revenue
$701K
Assets
$6.1M
Exempt Ruling Date info
1997-06
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
PA
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1300 W LEHIGH AVE
Philadelphia, PA 19132
Philadelphia County
FIPS Geocoded Address info
37980
MSA/CBSA info
42
State info
101
County info
0166.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Combined Statistical Area info
Philadelphia-Reading-Camden, PA-NJ-DE-MD
Metropolitan Division info
Philadelphia, PA
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 83.78%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0166.00 Philadelphia County
Population
Total Population 1,652 1,579,075
Total Households 567 601,337
Income
Median Family Income (Census*) $29,432 $45,927
Median Family Income (2019 FFIEC) $62,800 N/A
Tract Income Percentage 52.17% N/A
Below Poverty Level 49.3% 24.3%
Unemployment Level 26.7% 9.2%
Housing
Total Housing Units 763 685,956
Total Owner-Occupied Units 21.1% 53%
Total Renter-Occupied Units 53.2% 47%
Total Vacant Units 25.7% 8%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

9
Total Voting Members
in Governing Body
info
8
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Larrico Owens
Executive Director
(215) 232-0516
Principal Officer info
Larrico Owens
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.