EIN 33-0017859

County of Riverside Asset Leasing Corporation CORAL

IRS 501(c) type
501(c)(4)
Num. employees
0
Year formed
1983
Most recent tax filings
2022-06-01
Description
County of Riverside Asset Leasing Corporation CORAL acquires equipment and facilities by financing them from proceeds of borrowings. It leases the acquired equipment and facilities to the County of Riverside to assist the county. CORAL also pays for project interest, project costs, and related cost of debt issuance for buildings leased to the County of Riverside for public use.
Total revenues
$10,296,082
2022
Total expenses
$7,941,087
2022
Total assets
$102,420,340
2022
Num. employees
0
2022

Program areas at County of Riverside Asset Leasing Corporation CORAL

Payment of project interest, project costs and related cost of debt issuance relating to buildings leased to the County of Riverside, California for public use.

Who funds County of Riverside Asset Leasing Corporation CORAL

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
HN and Frances C Berger FoundationCondition 080-fire$1,800,000

Personnel at County of Riverside Asset Leasing Corporation CORAL

NameTitleCompensation
Don KentDirector of Finance$0
Manuel PerezTreasurer$0
Chuck WashingtonVice Chairman$0
Kevin JeffriesChairman$0
Kecia HarperAssistant Secretary$0
...and 7 more key personnel

Financials for County of Riverside Asset Leasing Corporation CORAL

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$6,536,452
Investment income and dividends$3,759,630
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,296,082

Form 990s for County of Riverside Asset Leasing Corporation CORAL

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-08990View PDF
2020-062021-03-02990View PDF
2019-062020-10-03990View PDF
2018-062019-05-14990View PDF
2017-062018-04-10990View PDF
...and 7 more Form 990s
Data update history
June 30, 2023
Updated personnel
Identified 1 new personnel
May 23, 2023
Received grants
Identified 1 new grant, including a grant for $1,800,000 from HN and Frances C Berger Foundation
May 19, 2023
Updated personnel
Identified 2 new personnel
April 13, 2022
Updated personnel
Identified 5 new personnel
April 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsReal estate organizationsHeadquarter / parent organizations
Issues
Community improvement
Characteristics
State / local levelManagement and technical assistanceNo full-time employees
General information
Address
4080 Lemon St 4th Floor
Riverside, CA 92501
Metro area
Riverside-San Bernardino-Ontario, CA
County
Riverside County, CA
Website URL
rivco.org/ 
Phone
(951) 955-1489
IRS details
EIN
33-0017859
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S02: Community Improvement and Capacity Building Management and Technical Assistance
NAICS code, primary
5313: Real Estate Services
Parent/child status
Central organization
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