Overview
What is County Of Riverside Asset Leasing Corporation Coral?
County Of Riverside Asset Leasing Corporation Coral is a nonprofit entity located at 4080 Lemon Street, Riverside, California 92501. Their primary mission is to aid the County of Riverside, California, by acquiring necessary equipment and facilities through borrowings. They then lease these resources back to the county for public use. This arrangement allows the county to access essential assets without the upfront cost of purchasing them directly. The organization's activities focus on financing and leasing buildings and equipment to support the county's operations, thereby assisting in the provision of public services.
Official website here: www.co.riverside.ca.us
Is County Of Riverside Asset Leasing Corporation Coral legitimate?
County Of Riverside Asset Leasing Corporation Coral is a legitimate nonprofit organization registered as a 501(c)(4) entity. County Of Riverside Asset Leasing Corporation Coral 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:
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Official website here: www.co.riverside.ca.us
What is the mission statement of County Of Riverside Asset Leasing Corporation Coral?
The County Of Riverside Asset Leasing Corporation Coral's mission is centered around assisting a specific county by acquiring necessary equipment and facilities, financed through borrowings. This corporation then leases these resources back to the county for public use. The primary objective is to facilitate financial support for the county's infrastructure needs, covering expenses such as project interest and costs associated with debt issuance.
Official website here: www.co.riverside.ca.us
Who is the CEO of County Of Riverside Asset Leasing Corporation Coral?
Kevin Jeffries is the Chairman of County Of Riverside Asset Leasing Corporation Coral.
Official website here: www.co.riverside.ca.us
What is the revenue of County Of Riverside Asset Leasing Corporation Coral?
County Of Riverside Asset Leasing Corporation Coral's revenue in 2022 was $10,296,082.
Official website here: www.co.riverside.ca.us
Who are the executives of County Of Riverside Asset Leasing Corporation Coral and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.co.riverside.ca.us
Where can I find the form 990 for County Of Riverside Asset Leasing Corporation Coral?
County Of Riverside Asset Leasing Corporation Coral's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.co.riverside.ca.us
Learn more at the official website: www.co.riverside.ca.us
Mission Statement of County Of Riverside Asset Leasing Corporation Coral
County of Riverside Asset Leasing Corporation Coral's mission is centered around assisting the County of Riverside. This organization accomplishes this by procuring necessary equipment and facilities, which are financed through borrowings, and subsequently leasing these resources to the County of Riverside. By undertaking this role, County of Riverside Asset Leasing Corporation Coral plays a significant part in facilitating the County's public projects. The corporation is responsible for covering various expenses associated with these projects, including project interest, costs, and the cost of debt issuance. In essence, County of Riverside Asset Leasing Corporation Coral serves as a crucial intermediary, enabling the County of Riverside to acquire essential assets and infrastructure for public use.
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Impact
October, 2024
The County Of Riverside Asset Leasing Corporation Coral significantly impacts the region by facilitating the acquisition and financing of essential equipment and facilities for the County of Riverside. By leasing these resources to the county, it ensures that local government can access the necessary infrastructure to enhance public services and community improvement initiatives. This organization plays a critical role in managing project costs, including interest payments and debt issuance, which are vital for maintaining and developing public buildings and services. Ultimately, its operations contribute to the overall development and welfare of the community in Riverside, California.
This information is meant to be a general summary of County Of Riverside Asset Leasing Corporation Coral. 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: $3,759,630
- Program Service Revenue: $6,536,452
- Gross Receipts: $10,296,082
Assets and Liabilities:
- Total Assets: $102,420,340
- Total Liabilities: $84,771,682
- Net Assets: $17,648,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BASE RENTS FROM COUNTY
Revenue
$6,536,452
Organization Details
Founding Year
1983
Phone
(951) 955-1489Principal Officer
Kevin Jeffries
Main Address
4080 Lemon Street 4th Floor, Riverside, CA, 92501
Website
www.co.riverside.ca.usNTEE Category
Code: S02 - Community improvement
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