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Coca Leverage Lender Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832497858 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Coca Leverage Lender Inc?

Coca Leverage Lender Inc is a corporation primarily committed to supporting the tax-exempt objectives of the Center of Creative Arts (COCA), a 501(C)(3) organization. Located in Saint Louis, Missouri, the corporation's mission is to aid COCA in achieving its exempt purposes, such as receiving donations and grants, and utilizing them for appropriate uses or distributing them for activities that qualify as tax-exempt under section 501(C)(3). The corporation also plays a role in enabling COCA to expand and improve its facilities through New Markets Tax Credit financing transactions.

Is Coca Leverage Lender Inc legitimate?

Coca Leverage Lender Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coca Leverage Lender 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Coca Leverage Lender Inc?

Coca Leverage Lender Inc is established with the primary objective of supporting the tax-exempt purposes of the Center of Creative Arts, a 501(c)(3) organization. The corporation's operations are solely dedicated to serving the functions and carrying out the tax-exempt purposes of the Center of Creative Arts (COCA). Its activities include receiving gifts and grants and utilizing them for its intended purposes, or distributing them for exempt activities under section 501(c)(3) of the Internal Revenue Code of 1986. Furthermore, Coca Leverage Lender Inc operates in support and furtherance of COCA's tax-exempt purposes.

Who is the CEO of Coca Leverage Lender Inc?

Indigo Sams is the CEO of Coca Leverage Lender Inc The CEO's salary of Coca Leverage Lender Inc is $0 and their total compensation is $261,111.

What is the revenue of Coca Leverage Lender Inc?

Coca Leverage Lender Inc's revenue in 2024 was $104,814.

Who are the executives of Coca Leverage Lender Inc and what are their salaries?

There 2 volunteers at Coca Leverage Lender Inc.

Here are 4 key members and their salaries (Coca Leverage Lender Inc's CEO's salary is $0 and their total compensation is $261,111):


Tom Minogue (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Kalinowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Sock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Indigo Sams (President & Ceo)
  • Compensation: $0
  • Related: $243,032
  • Other: $18,079
Where can I find the form 990 for Coca Leverage Lender Inc?

Coca Leverage Lender Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Coca Leverage Lender Inc

Coca Leverage Lender Inc is an organization established with a singular mission: to support the tax-exempt purposes of the Center of Creative Arts (COCA). This support is multifaceted, encompassing various functions and activities that align with COCA's exempt status under sections 501(C)(3) and 509(A)(3) of the Internal Revenue Code of 1986.

The corporation's purpose is to receive donations and grants, utilizing them for their intended purposes or distributing them to initiatives that meet the criteria for exemption under section 501(C)(3). Beyond this, Coca Leverage Lender Inc operates with the intent to advance and further COCA's tax-exempt objectives.

In essence, Coca Leverage Lender Inc serves as a catalyst, facilitating the flow of resources to COCA as it fulfills its mission to enrich the lives of individuals through arts education, performances, and community engagement. By doing so, the corporation plays a crucial role in upholding and promoting the exempt causes that COCA champions.

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Impact




October, 2024

Coca Leverage Lender Inc plays a critical role in supporting the expansion and enhancement of the Center of Creative Arts (COCA) in Saint Louis, MO. By participating in the New Markets Tax Credit financing transaction, it facilitates the funding necessary for COCA to grow its facilities, thereby advancing its mission to provide creative arts programs and services to the community. The organization's activities not only bolster the financial stability of COCA but also ensure that the arts remain accessible, enriching the cultural landscape of the region.

Through its financial support, Coca Leverage Lender Inc enables COCA to enhance its offerings, reach wider audiences, and improve facilities that are vital for artistic expression and education. This impact resonates throughout the community, fostering an environment where creativity can thrive and contributing to the overall vitality of Saint Louis. The ability to receive gifts and grants adds another layer of support, ensuring the sustainability of COCA’s initiatives and allowing for ongoing investment in the arts. Ultimately, Coca Leverage Lender Inc is instrumental in creating opportunities for artistic engagement and cultural development.




This information is meant to be a general summary of Coca Leverage Lender 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.

Revenue
$104,814 (2024)
Expenses
$107,790 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $104,814
  • Gross Receipts: $104,814

Assets and Liabilities:

  • Total Assets: $10,498,869
  • Total Liabilities: $0
  • Net Assets: $10,498,869

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Organization Details

Founding Year

2018

Principal Officer

Indigo Sams

NTEE Category

Code: T50 - Philanthropy

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