Overview
What is Centerspot Inc?
Centerspot Inc, located in Concord, California, specifically at 1035 Detroit Avenue 200, is a supporting entity that aids CocoKids Inc, a nonprofit organization. Centerspot's role involves purchasing and managing office space, then leasing it to CocoKids at an affordable rate. This arrangement provides CocoKids with cost-effective and stable occupancy, allowing them to focus on their mission of serving children, families, and caregivers in California. Centerspot Inc, in essence, plays a crucial role in ensuring CocoKids can carry out their charitable objectives effectively.
Is Centerspot Inc legitimate?
Centerspot Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centerspot Inc 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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Other Salaries and Wages: $0
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What is the mission statement of Centerspot Inc?
Centerspot Inc. exists to aid and assist CocoKids Inc., a California-based nonprofit organization, in fulfilling its mission. The primary function of Centerspot Inc. is to support CocoKids Inc. by providing it with office space at a reduced cost, ensuring stable and affordable occupancy expenses. This support allows CocoKids Inc. to effectively carry out its purpose of serving children, families, and caregivers. The specific mission of CocoKids Inc. is not provided in the information, so I am unable to elaborate on its objectives.
Who is the CEO of Centerspot Inc?
Barbara Moreland is the President of Centerspot Inc.
What is the revenue of Centerspot Inc?
Centerspot Inc's revenue in 2022 was $145,401.
Who are the executives of Centerspot Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Centerspot Inc?
Centerspot Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centerspot Inc
Centerspot Inc., as a supporting entity, plays a crucial role in furthering the objectives of CocoKids, Inc., a California-based nonprofit public benefit corporation. The primary mission of Centerspot Inc. is to aid and assist CocoKids Inc. in fulfilling its purpose of serving children, families, and caregivers. This support is largely manifested through Centerspot Inc.'s ownership and operation of office space, which is then leased to CocoKids Inc. at a reduced rate. This strategic arrangement provides CocoKids Inc. with stable and cost-effective occupancy, thereby enabling it to focus more resources on its primary mission. In essence, Centerspot Inc. acts as a facilitator, enabling CocoKids Inc. to optimally carry out its mission of serving the community's children, families, and caregivers.
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Impact
October, 2024
Centerspot Inc has a significant impact on the community by providing essential support to CocoKids, Inc., which serves children, families, and caregivers in the area. By purchasing and operating office space and leasing it to CocoKids at below-market rates, Centerspot Inc ensures that the organization can maintain stable and affordable occupancy costs. This strategic support not only fosters a conducive environment for CocoKids to operate effectively but also enhances the overall accessibility of vital services for those who rely on their programs. The focus on affordable housing for organizational needs enables CocoKids to dedicate more resources to their mission, ultimately benefiting the welfare of families in the Concord, CA area.
This information is meant to be a general summary of Centerspot Inc. 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.
- Gross Receipts: $393,840
Assets and Liabilities:
- Total Assets: $3,307,742
- Total Liabilities: $1,415,885
- Net Assets: $1,891,857
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Organization Details
Founding Year
2003
Phone
(925) 265-6610Principal Officer
Barbara Moreland
Main Address
1035 Detroit Avenue 200, Concord, CA, 94518
NTEE Category
Code: L99 - Housing
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