Overview
What is Berea College Leverage Lender Inc?
Berea College Leverage Lender Inc. is a nonprofit organization established by Berea College with a specific mission. Their primary objective is to facilitate a new markets tax credit financed project, which involves constructing a new facilities management and student labor complex on Berea College's campus. This initiative serves to partially fund the construction through new markets tax credit financing, thereby contributing to the college's development.
Is Berea College Leverage Lender Inc legitimate?
Berea College Leverage Lender Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berea College Leverage Lender Inc submitted a form 990EZ, 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.
What is the mission statement of Berea College Leverage Lender Inc?
Berea College Leverage Lender Inc, established for a specific purpose, aims to facilitate a new markets tax credit-financed project. This project involves constructing a new facilities management and student labor complex on Berea College's campus. The organization's mission is to partially fund this construction through new markets tax credit financing, contributing to the overall development of the educational institution.
Who is the CEO of Berea College Leverage Lender Inc?
Unavailable
What is the revenue of Berea College Leverage Lender Inc?
Berea College Leverage Lender Inc's revenue in 2022 was $57,546.
Who are the executives of Berea College Leverage Lender Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Berea College Leverage Lender Inc?
Berea College Leverage Lender Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Berea College Leverage Lender Inc
Berea College Leverage Lender Inc, as established, holds a mission to facilitate a new markets tax credit financed project. This mission aims to construct a new facilities management and student labor complex on the campus of Berea College. The organization, organized specifically by Berea College, serves to partially fund this construction project through new markets tax credit financing. The objective is to enhance the educational facilities and student work opportunities at Berea College, thereby contributing to its overall growth and development.
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Impact
October, 2024
Berea College Leverage Lender Inc. plays a significant role in enhancing the educational infrastructure of Berea College in Kentucky. By facilitating a new markets tax credit financed transaction, it aims to construct a modern facilities management and student labor complex on campus. This development is crucial as it supports the college's commitment to providing students with practical work experiences while ensuring that the facilities meet contemporary standards.
The new complex will not only improve operational efficiency but also enrich the student experience by providing better resources for labor programs. With a focus on creating learning and work environments that foster student growth, the initiative exemplifies Berea College's mission of integrating education with labor. Overall, the impact of Berea College Leverage Lender Inc. extends to enhancing educational opportunities, supporting student labor programs, and contributing to the long-term sustainability of the college's facilities.
This information is meant to be a general summary of Berea College 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $57,546
- Gross Receipts: $57,546
Assets and Liabilities:
- Total Assets: $95,110
- Total Liabilities: $0
- Net Assets: $95,110
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Organization Details
Phone
(859) 985-3758Main Address
101 Chestnut Street, Berea, KY, 40404
NTEE Category
Code: B11 - Education
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