2024-03-04T13:14:41-06:00 2023-12-31 251589048 YOUNG OAKES BROWN & COMPANY PC 1210 THIRTEENTH STREET ALTOONA PA 16601 990 2023-01-01 311598881 THE PROGRESS FUND PROG 7242169160 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 DAVID KAHLEY PRESIDENT 7242169160 2024-02-24 1 DAVID KAHLEY 999009999 0 DANIEL BRADLEY CPA P00175011 8149446191 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DAVID KAHLEY 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 4527484 0 X HTTP://WWW.PROGRESSFUND.ORG X 1998 PA RAISE AND LEND FUNDS FOR COMMUNITY DEVELOPMENT 9 7 5 0 0 0 4219406 2633333 1136279 1274389 183921 555385 50002 64377 5589608 4527484 0 50000 0 0 858693 913073 0 0 33713 601716 578456 1460409 1541529 4129199 2985955 56975518 61676088 10230617 12041451 46744901 49634637 RAISE AND LEND FUNDS FOR COMMUNITY DEVELOPMENT 0 0 1095268 50000 1280750 PROMOTE HISTORIC PRESERVATION AND COMPATIBLE COMMUNITY AND ECONOMIC REVITALIZATION BY MAKING LOANS 1095268 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 24 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 PA X ORGANIZATION 7242169160 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 DAVID MILLER BOARD MEMBER 4.00 X 0 0 0 JAN DOFNER BOARD MEMBER 4.00 X 0 0 0 ERIC MARTIN BOARD MEMBER 4.00 X 0 0 0 PATRICIA BRENNEN BOARD MEMBER 4.00 X 0 0 0 R JOHN DAWES CHAIRMAN 8.00 X 0 0 0 JAMES BUTLER SECRETARY 8.00 X 0 0 0 JARED GORENTZ VICE CHAIRMAN 8.00 X 0 0 0 DAVID KAHLEY PRESIDENT & CEO 40.00 X 209172 0 76117 KAREN POST TREASURER & CFO 40.00 X 174720 0 87604 383892 0 163721 2 0 1 0 0 2633333 2633333 LOAN INTEREST 522291 1208435 1208435 LOAN FEES 522291 54651 54651 SERVICE FEES REGARDING 522291 10803 10803 CONSULTING FEES 522291 500 500 1274389 555385 555385 58016 0 58016 58016 58016 OTHER INCOME 522291 6361 6361 6361 4527484 1280750 0 613401 50000 50000 383892 219558 147901 16433 197873 173110 18997 5766 240970 121971 110460 8539 49059 33444 14215 1400 41279 27862 11842 1575 29155 7995 21160 14883 14666 217 18962 17868 1094 41157 26931 14226 184449 184449 52877 37006 15871 18808 7060 11748 OTHER CONTRACTED SERVIC 96997 88817 8180 LOAN LOSS RESERVES 40357 40357 UTILITIES 12469 2907 9562 REAL ESTATE TAXES 11059 5058 6001 57283 36209 21074 1541529 1095268 412548 33713 31144618 31799942 18849212 20829257 19277 15211 2500918 819583 1374944 1681335 143588 143193 5443879 7207150 56975518 61676088 181839 187424 8992492 8046612 1056286 3807415 10230617 12041451 X 41562149 46799320 5182752 2835317 46744901 49634637 56975518 61676088 X 2985955 -96219 X X 0 1 X 1 1 1 X 1700191 10495042 817663 5335865 1513092 19861853 1700191 10495042 817663 5335865 1513092 19861853 19861853 300255 77750 48845 186408 555385 1168643 1611645 1704889 1748333 1189781 1338766 7593414 28623910 0.69390 0.70130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126710 126710 645636 200932 444704 1101144 403720 697424 209294 199331 9963 418134 15600 402534 1681335 INVESTMENT - THE HAZELWOOD BREWING PROJECT MANAGER,INC. 7207150 C 7207150 CONDITIONAL CONTRIBUTIONS RECEIVED IN ADVANCE 3807415 3807415 1 KENTUCKY KNOB 15000 0 REPAIRS PVB HOLDINGS 25000 0 RENT REIMBURSEMENT 1 X 0 0 0 0 0 0 0 0 0 DAVID KAHLEY PRESIDENT & CEO 209172 0 0 0 0 0 76117 0 0 0 285289 0 0 0 KAREN POST TREASURER & CFO 174720 0 0 0 0 0 87604 0 0 0 262324 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY KAREN POST, WHO IS THE TREASURER OF THE ORGANIZATION. IF ANY QUESTIONS ARISE, KAREN POST CONTACTS YOUNG, OAKES, BROWN AND CO., P.C. FOR CLARIFICATIONS. FORM 990, PART VI, SECTION B, LINE 12C THE PROGRESS FUND REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT THEIR MONTHLY MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BLIGHT REMOVAL -96,219. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE TPF LOAN CORPORATION INC 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 200085867 FINANCING PA PROGRESS FUND C 1.00000 1 THE HAZELWOOD BREWERY PROJECT MANAGER INC 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 861210499 PROJECT MANAGER PA PROGRESS FUND C 1.00000 1 THE HAZELWOOD BREWERY PROJECT LLC 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 861245210 PROJECT OWNER PA PROGRESS FUND 0.01000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0