Overview
What is Lendingkind Inc?
Lendingkind Inc, located in Lynchburg, Virginia, is a nonprofit organization dedicated to bettering the lives of low-income individuals and families. Their primary mission involves offering vehicle loans, serving as a crucial resource to help improve their financial futures. They focus on providing these loan programs, aiming to contribute positively to their clients' lives.
Is Lendingkind Inc legitimate?
Lendingkind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lendingkind 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.
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What is the mission statement of Lendingkind Inc?
Lendingkind Inc's mission is centered around providing vehicle loans to low-income individuals and families. This initiative is aimed at enhancing their future prospects. The organization focuses on offering loan programs specifically tailored for this group. While the specifics of their operations are not provided, it's clear that Lendingkind Inc's mission is to contribute positively to the lives of those who may otherwise find it challenging to secure vehicle financing.
Who is the CEO of Lendingkind Inc?
Nelson Nava is the Board Member of Lendingkind Inc. The CEO's salary of Lendingkind Inc is $0 and their total compensation is $0.
What is the revenue of Lendingkind Inc?
Lendingkind Inc's revenue in 2022 was $330,099.
Who are the executives of Lendingkind Inc and what are their salaries?
Here are 11 key members and their salaries (Lendingkind Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Lendingkind Inc?
Lendingkind Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lendingkind Inc
Lendingkind Inc, a nonprofit organization, is dedicated to improving the futures of low-income individuals and families by providing them with vehicle loans. This mission is central to their operations, with a focus on designing and implementing programs specifically aimed at facilitating these loans. By doing so, Lendingkind Inc aims to make a tangible difference in the lives of those they serve, helping them to navigate their daily lives more effectively and potentially open up new opportunities.
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Impact
October, 2024
Lendingkind Inc significantly impacts the lives of low-income individuals and families by providing them with accessible vehicle loans. By facilitating access to transportation, they enable their clients to secure employment, attend educational opportunities, and manage everyday responsibilities more effectively.
Located in Lynchburg, VA, Lendingkind Inc focuses on empowering underserved communities to improve their futures. Their loan programs are specifically designed to uplift low-income households, offering financial resources that can catalyze greater economic stability and mobility.
Through this support, Lendingkind Inc plays a crucial role in community improvement, helping individuals break the cycle of poverty and fostering a sense of independence. The provision of these vehicle loans not only enhances personal circumstances but also contributes to the overall economic vitality of the region, promoting growth and development within the community.
This information is meant to be a general summary of Lendingkind 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.
- Investment Income: $30,350
- Program Service Revenue: $12,215
- Gross Receipts: $330,099
Assets and Liabilities:
- Total Assets: $3,033,607
- Total Liabilities: $2,576,328
- Net Assets: $457,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IMMOBILIZER REVENUE
Revenue
$4,889
PROCESSING REVENUE
Revenue
$4,350
LATE FEES REVENUE
Revenue
$2,976
Organization Details
Founding Year
2020
Phone
(434) 384-3131Principal Officer
Nelson Nava
Main Address
1903 HUMANKIND WAY, LYNCHBURG, VA, 24503
NTEE Category
Code: S40 - Community improvement
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