AI Summary
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COOK INLET LENDING CENTER is a nonprofit lending entity dedicated to promoting and providing financial products and services to low-income individuals, primarily those of American Indian and Alaska Native descent. With an operating budget of $4.6 million and total revenue of $8.6 million for the 2024 filing year, the organization focuses on rural development and community improvement. Notably, it does not rely on a single funder for 50% or more of its revenue.
Mission Statement
COOK INLET LENDING CENTER IS A NONPROFIT LENDING ENTITY ESTABLISHED TO PROMOTE AND PROVIDE LENDING PRODUCTS AND SERVICES TO LOW-INCOME PERSONS, PRIMARILY THOSE OF AMERICAN INDIAN/ALASKA NATIVE DESCENT.
Cause Areas
2
Community improvement
Rural development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is COOK INLET LENDING CENTER’s budget?
In 2024, COOK INLET LENDING CENTER reported an annual operating budget of around $4.6 million. More detailed financial information is available to registered users.
What causes does COOK INLET LENDING CENTER support?
COOK INLET LENDING CENTER supports work in Community improvement and Rural development.
Where does COOK INLET LENDING CENTER operate?
COOK INLET LENDING CENTER is headquartered in Anchorage, AK.
Who funded COOK INLET LENDING CENTER recently?
In 2024, COOK INLET LENDING CENTER received grants from GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, OPPORTUNITY FINANCE NETWORK, and OWEESTA CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant COOK INLET LENDING CENTER received in 2024?
The largest grant to COOK INLET LENDING CENTER in 2024 exceeds $5 million.
What is COOK INLET LENDING CENTER’s reliance on government grants?
COOK INLET LENDING CENTER relied on government grants for more than 25% of their total revenue in 2024.