AI Summary
COOK INLET LENDING CENTER is a nonprofit lending entity focused on rural development and community improvement, established to provide lending products and services to low-income people, primarily those of American Indian/Alaska Native descent. In filing year 2024, it reported an operating budget of $4.6M and total revenue of $8.6M, with major funding from Cook Inlet Tribal Council, RASMUSON FOUNDATION, and OWEESTA CORPORATION.
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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- 9 funders
- 19 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
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.