Rising Tide Community Loan Fund
Rising Tide Community Loan Fund is a public charity based in Bethlehem, Pennsylvania. Formed in 2001, it provides loans to small or start-up businesses that may not qualify for bank financing, with the stated aim of improving economically depressed communities.
Rising Tide Community Loan Fund at a glance
In short: Rising Tide Community Loan Fund gave $7K across 1 grant in 2025 (avg $7K), mostly in Pennsylvania. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $6,678
- +145.3% vs 2024
- Grants made (2025)
- 1
- Average grant
- $6,678
- Median grant
- $6,678
- Total assets
- $5,974,641
- -4.0% vs 2024
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Rising Tide Community Loan Fund
- Contact
Mailing address: 1337 East Fifth Street, Bethlehem, PA 18015
Phone: (610) 691-5620
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Rising Tide Community Loan Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Community Action Committee of the LV ($7K).
Grant Size Distribution
212 grants across all recorded years
The most common grant size was under $50K: 212 grants of 212 (100%).
Geographic Focus
Where this funder awards grants
The fund is based in Bethlehem, Pennsylvania. Its 2025 grant went to a recipient in Pennsylvania. Its stated mission refers to improving economically depressed communities, and its 2024 filing describes loans to businesses in low-to-moderate-income census tracts.
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Rising Tide Community Loan Fund gives
- Giving fell 100% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $1K (2023) to $7.5M (2022). In 2025 it made 1 grant totaling $7K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Action Committee of the LV Bethlehem, PA | Support Operations | $6,678 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,974,641 | $531,752 | $629,968 | $6,678 | 1 | $84,246 |
| 2024 | $6,222,255 | $652,946 | $1,028,854 | $2,722 | Total only | $99,513 |
| 2023 | $6,802,134 | $955,580 | $812,180 | $1,409 | Total only | $27,675 |
| 2022 | $5,943,913 | $8,811,127 | $8,165,963 | $7,535,299 | 211 | $2,437 |
| 2021 | $12,913,298 | $1,491,680 | $807,454 | — | — | $527 |
| 2020 | $4,526,228 | $647,498 | $397,354 | — | — | $206 |
| 2019 | $4,269,461 | $369,866 | $351,844 | — | — | $245 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated October 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 filing says it made loans to 16 businesses. Of these, 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 businesses reported creating or retaining 99 jobs.
In 2025, the fund supported the Community Action Committee of the Lehigh Valley. The committee describes its own mission as improving quality of life in the Lehigh Valley by building a community where people have access to economic opportunity, can pursue it, and have a voice in decisions affecting their lives.
Grantmaking
In filing year 2025, Rising Tide reported one grant totaling $6,678. The sole grant, for support of operations, went to the Community Action Committee of the Lehigh Valley in Bethlehem, Pennsylvania. The only grant reported that year was $6,678.
No application process, application materials, restrictions, or deadline are stated in the available information.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Sally Handlon as president, Todd Watkins as vice-president, David Hammer as treasurer, and Elizabeth Ortiz as secretary. Board members listed are Colleen Krcelich, Daniel Diaz, David Kormanik, Josh Lampe, Kim Edwards, and Lauren Tarola.
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.
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 filing says it made loans to 16 businesses. See mission & focus areas ↑
How do I apply for a grant from Rising Tide Community Loan Fund?
Rising Tide Community Loan Fund has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
Where does Rising Tide Community Loan Fund make grants?
The fund is based in Bethlehem, Pennsylvania. Its 2025 grant went to a recipient in Pennsylvania. Its stated mission refers to improving economically depressed communities, and its 2024 filing describes loans to businesses in low-to-moderate-income census tracts.
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 October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 1, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 30, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS February 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 9, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Rising Tide Community Loan Fund funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Rising Tide Community Loan Fund's focus areas in our free grants database
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