Overview
What is Fremont County Finance Corporation?
Fremont County Finance Corporation is a nonprofit organization situated in Canon City, Colorado. Its primary function is to support the construction of critical infrastructure within Fremont County by providing participation loans. Specifically, they have aided in the construction of the Fremont County Jail and the County Courthouse. After the completion of these projects, the county, as an affiliated entity, makes lease payments to the corporation for these facilities. The remaining funds from the organization's balance are used to pay off the participation loans. In essence, Fremont County Finance Corporation acts as a financial partner in the development of essential buildings for the county.
Is Fremont County Finance Corporation legitimate?
Fremont County Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fremont County Finance Corporation 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
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What is the mission statement of Fremont County Finance Corporation?
The Fremont County Finance Corporation's mission is centered around paying participation loans obtained for the construction of county buildings. Specifically, the corporation is responsible for repaying loans associated with the construction of the Fremont County Jail and the County Courthouse. Fremont County, an affiliated entity, makes lease payments to the corporation for these facilities. The remaining funds from the corporation are utilized to continue making loan repayments. In essence, the organization's role is to manage and repay participation loans acquired for the construction of Fremont County's key facilities.
Who is the CEO of Fremont County Finance Corporation?
Sunny Bryant is the President of Fremont County Finance Corporation.
What is the revenue of Fremont County Finance Corporation?
Fremont County Finance Corporation's revenue in 2021 was $0.
Who are the executives of Fremont County Finance Corporation 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 Fremont County Finance Corporation?
Fremont County Finance Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Fremont County Finance Corporation
Fremont County Finance Corporation, as a nonprofit entity, is dedicated to fulfilling its mission of repaying participation loans that were utilized in the construction of essential Fremont County buildings. Specifically, the organization is responsible for settling the debt accrued during the construction of the Fremont County Jail and the County Courthouse. In order to meet this obligation, Fremont County, a related entity, makes lease payments to the Corporation for the use of these facilities. Beyond this primary function, the Corporation also utilizes any remaining funds to continue making loan payments. In essence, Fremont County Finance Corporation plays a crucial role in managing the financial aspects of these critical county buildings.
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Impact
October, 2024
Fremont County Finance Corporation plays a crucial role in supporting the infrastructure development of Fremont County. By facilitating the payment of participation loans used for the construction of the Fremont County Jail and County Courthouse, the Corporation helps ensure that critical facilities are funded and maintained. These buildings are essential for the county’s justice and public safety systems, contributing to a more effective law enforcement structure.
The financing structure involves lease payments made by Fremont County to the Corporation, which aids in the financial management and sustainability of these essential public facilities. By utilizing remaining funds to cover loan payments, the Corporation maintains a steady financial flow, further enhancing the county's ability to invest in and improve community services. Overall, Fremont County Finance Corporation significantly impacts local governance and public safety by enabling the construction and operation of vital civic buildings, underscoring its importance in the county's infrastructure development and crime reduction initiatives.
This information is meant to be a general summary of Fremont County Finance Corporation. 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1985
Phone
(719) 276-7351Principal Officer
Sunny Bryant
Main Address
615 Macon Avenue, Canon City, CO, 81212
NTEE Category
Code: I00 - Crime
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