Weaverland Financial Aid of New York
Weaverland Financial Aid of New York
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About this organization
Revenue
$619,475
Expenses
$596,647
Mission
The purpose of this organization is to provide loans and other financial assistance for real estate purchases and for farm and other business related purposes to Mennonite persons interested in establishing themselves in the Weaverland Conference Mennonite Church to further the public objective of advancing the religious beliefs, cultural traditions and lifestyle of the Weaverland Conference Mennonite Church.
About
The organization is engaged in the business of raising the capital needed to make low-interest loans, establishing the procedures for making loans, making loans to approved individuals, and administering the loans. The loans will be funded with the proceeds derived from the sale of securities through an intrastate offering to adult members of the Mennonite Church. There were approximately 65 individuals who were loaned money from the organization.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “See schedule o”.
When explaining its purpose, the activities were described as: “The purpose of this organization is to provide loans and other financial assistance for real estate purchases and for farm and other business related purposes to mennonite persons interested in establishing themselves in the weaverland conference mennonite church to further the public objective of advancing the religious beliefs, cultural traditions and lifestyle of the weaverland conference mennonite church.”.
- The non-profit is legally allowed to operate in the state of NY, as reported.
- The filing provides the non-profit's address in 2020 as 427 LASHER ROAD, CLYDE, NY, 14433.
- The non-profit has a total of 0 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $22,828.
- The organization has 1 independent voting members.
- The organization was formed in 2006.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.