Rising Tide Community Loan Fund logo

Rising Tide Community Loan Fund

Foundation · Grantmaker Bethlehem, PA EIN: 23-3079170 Website

Rising Tide Community Loan Fund is a public charity based in Bethlehem, Pennsylvania. It provides loans to small and start-up businesses that may not meet bank lending standards, with the stated aim of improving economically depressed communities.

Key facts about Rising Tide Community Loan Fund

In short: Rising Tide Community Loan Fund gave $7K across 1 grant in 2025 (avg $7K), mostly in Pennsylvania. Source: 2025 IRS Form 990.

EIN
23-3079170
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$6,678
Grants made (2025)
1
Average grant
$6,678
Median grant
$6,678
Total assets
$5,974,641
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$6.0M

-4.0% YoY

Annual Giving

$7K

+145.3% YoY

Grant Count

1

Avg Grant Size

$7K

How Rising Tide Community Loan Fund gives

  • Giving fell 100% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to provide loans to small or start-up business ventures that may not qualify under bank standards, thereby improving economically depressed communities.

Its 2024–2025 program description says it made loans to 16 businesses. Of those, 12 were owned by low-to-moderate-income individuals and/or located in low-to-moderate-income census tracts; eight were woman-owned and six were minority-owned. The funded businesses reported creating or retaining 99 jobs.

Grantmaking

IRS filing data lists no grants in 2024 or 2023. For 2022, it reports 211 grants totaling $7,535,299. The organization’s described loan activity is separate from those grant figures.

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Geographic Focus

Where this funder awards grants

The fund is based in Bethlehem, Pennsylvania. Community Action Lehigh Valley describes its mission as serving the Lehigh Valley and surrounding areas; the funder’s website reports small-business loans through Rising Tide but does not specify a separate lending territory.

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

AllentownBethlehemEastonWhitehallCatasauquaOrefieldCenter ValleyEmmausNazarethWind GapBangorBathCoopersburgNorthamptonBreiningsvilleFogelsvilleHellertownKutztownMount BethelTrexlertown

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M0 grants20190 grants20200 grants2021211 grants2022Total only2023Total only20241 grants2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Community Action Committee of the LV: $7KCommunity Action Committee ofthe LV$7K

Grant Size Distribution

212 grants across all recorded years

212<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
COMMUNITY ACTION COMMITTEE OF THE LV Bethlehem, PASUPPORT OPERATIONS$6,678

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $6,222,255 $652,946 $1,028,854 0
2023 $6,802,134 $955,580 $812,180 0
2022 $5,943,913 $8,811,127 $8,165,963 211 grants; $7,535,299 total
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M2019202020212022202320242025
Metric202520242023
Total Assets$5,974,641$6,222,255$6,802,134
Revenue$531,752$652,946$955,580
Expenses$629,968$1,028,854$812,180
Qualifying Distributions———
Net Investment Income$84,246$99,513$27,675
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS June 1, 2020)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS April 30, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS February 14, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS June 9, 2026)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Dawn Godshall as executive director, Chris Hudock as associate executive director, and Stephen Broome as deputy executive director—finance. It also lists Sally Handlon as president, Todd Watkins as vice-president, David Hammer as treasurer, Elizabeth Ortiz as secretary, and Wayne Barz as a board member. Otis McNeil and Chris Jones are listed with terms through December 2023 as president and secretary, respectively.

Rising Tide Community Loan Fund is led by Sally Handlon, President since 2024 (on filings since 2019); none of the 22 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Sally Handlon

    President

    Board Member → Vice President, 2022

    Vice President → President, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Dawn Godshall

    Executive Director

    Executive Di → Executive Director, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Colleen Krcelich

    Board Member

    Vice President → President, 2020

    President → Board Member, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Kim Edwards

    Board Member

    Treasurer → Board Member, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Otis McNeil

    Board Member

    Vice President → President, 2022

    President → Board Member, 2025

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Pat Corpora

    Board Member

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Wayne Barz

    Board Member

    On filings since 2019

    2 hrs/week

    No compensation reported

  • David Hammer

    Treasurer

    Board Member → Treasurer, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Elizabeth Ortiz

    Secretary

    Board Member → Secretary, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Lauren Tarola

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Todd Watkins

    Vice President

    Board Member → Vice President, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Chris Hudock

    Associate Executive Director

    Associate Executive Director of Business Devlopment → Associate Executive Director of, 2023

    Associate Executive Director of → Associate Executive Director, 2024

    On filings since 2022

    50 hrs/week

    No compensation reported

  • Marek Tomanek

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Russell Fletcher Jr.

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Stephen Broome

    CFO

    Deputy Executive Director for Finance → Deputy Executive Director-Finance, 2024

    Deputy Executive Director-Finance → CFO, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Daniel Diaz

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Josh Lampe

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • David Kormanik

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Jessica Reimert

    CFO

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Katherine Duque

    COO

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Pas Simpson

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Sean Ziller

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (11)
  • Former: Chris Jones (2019–2024) — Secretary
  • Former: Gina Massoto (2023–2024) — Board Member
  • Former: Byron Aragon (2023) — Deputy Executive Director for Finance
  • Former: Karina Kane (2019–2022) — Board Member
  • Former: Natasha Ljuljic (2021–2022) — Board Member
  • Former: John Kingsley (2020–2021) — Board Member
  • Former: Alan Jennings (2019–2020) — Executive Di
  • Former: Jose Antonio Ortiz (2019–2020) — Board Member
  • Former: Thomas Stine (2019–2020) — Board Member
  • Former: Carmen Toro (2019) — Board Member
  • Former: Julie Benjamin (2019) — Board Member

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 1337 East Fifth Street, Bethlehem, PA 18015
Phone: (610) 691-5620
Website: https://caclv.org

Frequently asked questions about Rising Tide Community Loan Fund

How much does Rising Tide Community Loan Fund give each year?

Rising Tide Community Loan Fund gave $7K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $3K in grants paid.

How large is Rising Tide Community Loan Fund?

Rising Tide Community Loan Fund reported $6.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $532K.

What does Rising Tide Community Loan Fund fund?

The organization’s stated mission is to provide loans to small or start-up business ventures that may not qualify under bank standards, thereby improving economically depressed communities. Its 2024–2025 program description says it made loans to 16 businesses. Of those, 12 were owned by low-to-moderate-income individuals and/or located in low-to-moderate-income census tracts; eight were woman-owned and six were minority-owned. The funded businesses reported creating or retaining 99 jobs.

How do I apply for a grant from Rising Tide Community Loan Fund?

IRS filing data lists no grants in 2024 or 2023. For 2022, it reports 211 grants totaling $7,535,299. The organization’s described loan activity is separate from those grant figures.

Where does Rising Tide Community Loan Fund make grants?

The fund is based in Bethlehem, Pennsylvania. Community Action Lehigh Valley describes its mission as serving the Lehigh Valley and surrounding areas; the funder’s website reports small-business loans through Rising Tide but does not specify a separate lending territory.

What is Rising Tide Community Loan Fund's EIN?

Rising Tide Community Loan Fund's EIN (Employer Identification Number) is 23-3079170. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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