2025-03-12T07:42:57-05:00 2024-12-31 251589048 YOUNG OAKES BROWN & COMPANY PC 1210 THIRTEENTH STREET ALTOONA PA 16601 990 2024-01-01 311598881 THE PROGRESS FUND PROG 7242169160 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 DAVID KAHLEY PRESIDENT 7242169160 2025-03-06 1 0 DANIEL BRADLEY CPA P00175011 8149446191 2024 2025-03-06 01:10:19Z DAVID KAHLEY 425 WEST PITTSBURGH STREET GREENSBURG PA 15601 3853985 0 X HTTP://WWW.PROGRESSFUND.ORG X 1998 PA RAISE AND LEND FUNDS FOR COMMUNITY DEVELOPMENT 9 7 6 0 0 0 2633333 1409617 1274389 1644736 555385 655928 64377 143704 4527484 3853985 50000 114000 0 0 913073 1036478 0 0 37739 578456 735200 1541529 1885678 2985955 1968307 61676088 60943718 12041451 9340774 49634637 51602944 RAISE AND LEND FUNDS FOR COMMUNITY DEVELOPMENT 0 0 1395115 114000 1728085 PROMOTE HISTORIC PRESERVATION AND COMPATIBLE COMMUNITY AND ECONOMIC REVITALIZATION BY MAKING LOANS 1395115 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 31 0 1 6 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 PATRICIA BRENNEN BOARD MEMBER 4.00 X 0 0 0 SONYA TILGHMAN BOARD MEMBER 4.00 X 0 0 0 ERIC MARTIN 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 265947 0 63835 KAREN POST TREASURER & CFO 40.00 X 240846 0 71804 506793 0 135639 2 0 1 0 0 1409617 1409617 LOAN INTEREST 522291 1439964 1439964 RECOVERIES FROM LOAN L 522291 142611 142611 LOAN FEES 522291 62161 62161 1644736 655928 655928 60355 0 60355 60355 60355 OTHER INCOME 522291 83349 83349 83349 3853985 1728085 0 716283 114000 114000 506794 323914 164592 18288 163124 137571 19527 6026 273008 134470 128661 9877 44111 27137 14994 1980 49441 35999 11874 1568 1113 350 763 24180 24180 11704 11704 21731 20102 1629 49206 39170 10036 167093 167093 105309 90715 14594 20007 6880 13127 LOAN LOSS RESERVES 134975 134975 OTHER CONTRACTED SERVIC 111346 100247 11099 REPAIRS AND MAINTENANCE 15956 10353 5603 HUMAN RESOURCES DEVELOP 15562 14265 1297 57018 26170 30848 1885678 1395115 452824 37739 31799942 30128335 20829257 21522973 15211 9690 2859288 924892 1681335 1934396 143193 142793 7207150 7205531 61676088 60943718 187424 190314 8046612 6297473 3807415 2852987 12041451 9340774 X 46799320 48997126 2835317 2605818 49634637 51602944 61676088 60943718 1968307 0 X X 0 1 X 1 1 1 X 10495042 817663 5335865 1513092 1409617 19571279 10495042 817663 5335865 1513092 1409617 19571279 19571279 77750 48845 186408 555385 660147 1528535 1704889 1748333 1189781 1338766 1788440 7770209 28870023 0.67790 0.69390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126711 126711 645636 215073 430563 1203887 438278 765609 867454 255941 611513 15600 15600 0 1934396 INVESTMENT - THE HAZELWOOD BREWING PROJECT MANAGER,INC. 7205531 C 7205531 CONDITIONAL CONTRIBUTIONS RECEIVED IN ADVANCE 2852987 2852987 1 SOTA CONSTRUCTION 25000 0 REPAIRS ABSTRACT BREWING 32000 0 REPAIRS BJ'S 15000 0 REPAIRS POET BEAR 32000 0 REPAIRS KITCHEN KABOODLE 10000 0 REPAIRS 0 X 0 0 0 0 0 0 0 0 0 DAVID KAHLEY PRESIDENT & CEO 265947 0 0 0 0 0 63835 0 0 0 329782 0 0 0 KAREN POST TREASURER & CFO 240846 0 0 0 0 0 71804 0 0 0 312650 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 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