Overview
What is Centerra Retail Sales Fee Corp?
Centerra Retail Sales Fee Corp, a nonprofit organization established in Colorado, collects, holds, and disperses retail sales fee income as per the obligations outlined in the 2004 Covenants. This income supports the public infrastructure projects of the Centerra Metro District No. 1 and aligns with the objectives set by the City of Loveland, Colorado. The organization's primary function is to serve the participating entities of the Covenants and manage funds remitted to the collection agency, the City of Loveland.
Is Centerra Retail Sales Fee Corp legitimate?
Centerra Retail Sales Fee Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Centerra Retail Sales Fee Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Centerra Retail Sales Fee Corp?
The Centerra Retail Sales Fee Corp, established as a non-profit corporation, is primarily responsible for collecting, holding, and disbursing retail sales fee income. This mission supports the purposes of a city in Colorado, as outlined by a resolution, and contributes to a public infrastructure project. The corporation's activities primarily serve the participating entities under the covenants and disburses funds remitted to the collection agency. The primary aim of the Centerra Retail Sales Fee Corp is to manage and distribute the retail sales fee income in accordance with the covenants, thereby contributing to the overall development and infrastructure of the involved entities.
Who is the CEO of Centerra Retail Sales Fee Corp?
Joshua Kane is the President of Centerra Retail Sales Fee Corp.
What is the revenue of Centerra Retail Sales Fee Corp?
Centerra Retail Sales Fee Corp's revenue in 2022 was $986,211.
Who are the executives of Centerra Retail Sales Fee Corp and what are their salaries?
There 4 volunteers at Centerra Retail Sales Fee Corp.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Centerra Retail Sales Fee Corp?
Centerra Retail Sales Fee Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centerra Retail Sales Fee Corp
Centerra Retail Sales Fee Corp, established as a nonprofit organization under Colorado state laws, is dedicated to collecting, holding, and disbursing retail sales fee income. This organization serves a crucial role in supporting the purposes of Loveland, Colorado, as outlined by the Loveland City Council, and contributes to the public infrastructure project of the Centerra Metro District No. 1. By carrying out these primary activities, Centerra Retail Sales Fee Corp fulfills its mission, which is to facilitate the collection, storage, and distribution of retail sales fee income as mandated by the "Declaration of Covenants Imposing and Implementing the Centerra Retail Sales Fee" dated July 6, 2004. These activities are instrumental in supporting the participating entities of the covenants and in distributing funds remitted to the collection agency, the City of Loveland.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Centerra Retail Sales Fee Corp plays a crucial role in supporting community improvement initiatives within Loveland, Colorado. By collecting, holding, and disbursing retail sales fee income, it ensures that funds are managed effectively and directed towards enhancing public infrastructure projects. Established in accordance with the Declaration of Covenants, the organization facilitates the financial mechanisms necessary for development in the Centerra area. This support not only fosters economic growth but also contributes to the overall quality of life for residents by improving community facilities and resources. The RSF directly impacts the local economy by ensuring that retail sales generated within the area are reinvested into essential infrastructure and community-focused projects.
This information is meant to be a general summary of Centerra Retail Sales Fee Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,790
- Program Service Revenue: $979,421
- Gross Receipts: $986,211
Assets and Liabilities:
- Total Assets: $1,815,305
- Total Liabilities: $7,552,463
- Net Assets: -$5,737,158
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETAIL SALES FEE INCOME
Revenue
$979,421
Organization Details
Founding Year
2004
Phone
(970) 962-9990Principal Officer
Joshua Kane
Main Address
2725 ROCKY MOUNTAIN AVE 200, LOVELAND, CO, 80538
NTEE Category
Code: S20 - Community improvement
If you are a representative of Centerra Retail Sales Fee Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.