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Nonprofiteer
← APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC

Form 990 for tax year 2023

Filed by APPALACHIAN ASSISTIVE TECHNOLOGY LOAN FUND INC.

Totals

Total revenue
$527,702
Total expenses
$218,732
Contributions and grants received
$427,268
Grants paid
$0
Program service revenue
$0
Investment income
$100,434
Other revenue
$0
Total assets, end of year
$3,155,395
Total liabilities, end of year
$61,656
Net assets or fund balances, end of year
$3,093,739
Program services expenses (Part IX)
$199,287
Management and general expenses
$14,302
Fundraising expenses
$5,143
Program service expenses (Part III)
$199,287

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JEFFREY COOPER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • NANCY MURRAY

    CO-VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • SUSAN TACHAU

    CO-VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • EVAN DAVIS

    SECRETARY THRU FEB; INTERIM CO-CEO PATF/AATLF

    Total calculated
    $0
    Hours/week
    2 + 37.5 related

  • MITCH BILKER

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • CARLA MANNINGS

    DIRECTOR; SECRETARY AS OF FEB

    Total calculated
    $0
    Hours/week
    2

  • SYBILLE DAMAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RYAN CREECH

    DIRECTOR AS OF DECEMBER

    Total calculated
    $0
    Hours/week
    1

  • KENNY JONES

    DIRECTOR AS OF DECEMBER

    Total calculated
    $0
    Hours/week
    1

  • BEN LAUDERMILCH

    CEO-PATF & E.D. AATLF THRU JAN

    Total calculated
    $254,994
    From this org
    $0
    From related orgs
    $238,183
    Other
    $16,811
    Hours/week
    5 + 32.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $238,183 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,781 related
    Nontaxable benefits
    $0 + $9,030 related
    Filer's total
    $0 + $254,994 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE CEO AND EXECUTIVE DIRECTOR'S COMPENSATION AND BENEFITS ARE PAID BY A RELATED ORGANIZATION FOR THE OVERSIGHT OF AATLF. AATLF, IN ITS CAPACITY AS A WHOLLY OWNED SUBSIDIARY OF PATF, ENTERED INTO A SHARED SERVICES AGREEMENT WITH PATF FOR THE PURPOSE OF ACCESSING CERTAIN PATF CEO AND EXECUTIVE DIRECTOR-RELATED SERVICES. IT DID NOT UNDERTAKE A SEPARATE COMPENSATION STUDY, RATHER, IT PAID ITS ALLOCATED PORTION OF TIME THAT THE PATF CEO AND EXECUTIVE DIRECTOR SPENT ON AATLF-RELATED MATTERS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
10 March 2025
IRS schema version
2023v6.0
Source object
202540699349300129

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