Cmc Leverage Lender Inc

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

EIN: 854235931 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cmc Leverage Lender Inc?

Cmc Leverage Lender Inc is a nonprofit organization based in San Francisco, California, specifically at 544 Capp Street. Their primary objective is to support and contribute to the operations and future development of the Community Music Center, a multi-purpose community facility. This facility, located at 552 Capp Street, aims to provide more space for tuition-free lessons and classes, improved facilities with seismic and technological upgrades, and accessible areas to better serve diverse communities. The Community Music Center offers low-cost, high-quality music instruction and performances for individuals of all ages, income levels, and backgrounds, aligning with Cmc Leverage Lender Inc's mission to support its services and programs.

Is Cmc Leverage Lender Inc legitimate?

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

Cmc Leverage Lender Inc's mission is primarily to support the services and programs of the Community Music Center. This non-profit organization provides affordable, high-quality music instruction and performances for individuals of all ages, backgrounds, and income levels. Specifically, the lender's role is to aid in financing the center's operations and the future development of its multi-purpose facility. This facility will offer more space for tuition-free lessons and classes, improved spaces with seismic and technological upgrades, and accessible spaces to better serve communities with various physical abilities.

Who is the CEO of Cmc Leverage Lender Inc?

Julie Rulyak Steinberg is the Chair Of The Board of Cmc Leverage Lender Inc.

What is the revenue of Cmc Leverage Lender Inc?

Cmc Leverage Lender Inc's revenue in 2022 was $85,739.

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


Here are 6 key members and their salaries:


Barbara Kosnar (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sussman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Goldman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Shapiro (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Abrams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Rulyak Steinberg (Executive Director)
  • Compensation: $0
  • Related: $183,000
  • Other: $6,943
Where can I find the form 990 for Cmc Leverage Lender Inc?

Cmc Leverage Lender Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cmc Leverage Lender Inc

Cmc Leverage Lender Inc is committed to supporting the services and programs of the Community Music Center, an organization that offers low-cost, high-quality, and accessible music instruction and performances to individuals of all ages, income levels, and backgrounds. The primary mission of Cmc Leverage Lender Inc is to aid in the support of the Community Music Center's operations, specifically focusing on music tuition and performances.

In a broader context, Cmc Leverage Lender Inc's role extends beyond mere financial assistance. They are instrumental in the future development of the Community Music Center's multi-purpose community facility. This facility, located at 552 Capp Street, San Francisco, will provide more space for tuition-free lessons and classes. Additionally, the facility will undergo seismic and technological upgrades to ensure it remains safe and equipped with modern amenities. Moreover, the facility will be designed to be more accessible to better serve communities of all physical abilities.

In essence, Cmc Leverage Lender Inc's mission is to ensure the Community Music Center continues to thrive and provide access to music education and performances for all, regardless of financial means or physical abilities. Their support enables the Center to continue its mission of promoting musical inclusivity and fostering a community of music lovers.

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Impact




October, 2024

Cmc Leverage Lender Inc plays a vital role in enhancing the accessibility and quality of music education and performances in San Francisco. By supporting the Community Music Center (CMC), it ensures the provision of low-cost, high-quality music instruction to individuals of all ages and backgrounds, regardless of their income levels.

The organization is focused on the development of a multi-purpose community facility that will significantly expand CMC’s capacity. This facility will not only allow for more tuition-free lessons and classes but will also feature crucial seismic and technological upgrades. These improvements will create a safer and more modern environment for learning and performing music, thus fostering creativity and artistic expression in the community.

Furthermore, Cmc Leverage Lender Inc emphasizes inclusivity by committing to provide accessible spaces for individuals of all physical abilities, ensuring that everyone has the opportunity to participate in music education. Overall, its impact reverberates through the community, promoting cultural enrichment and personal growth through the arts.




This information is meant to be a general summary of Cmc 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
$85,739 (2022)
Expenses
$594 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $85,739
  • Gross Receipts: $85,739

Assets and Liabilities:

  • Total Assets: $9,281,537
  • Total Liabilities: $0
  • Net Assets: $9,281,537

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM LOAN INTEREST

Revenue

$85,739

Organization Details

Founding Year

2020

Principal Officer

Julie Rulyak Steinberg

Main Address

544 CAPP STREET, SAN FRANCISCO, CA, 94110

NTEE Category

Code: A11 - Arts

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