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Nonprofit · EIN 92-0177969

COOK INLET LENDING CENTER INC

Tax-exempt · ANCHORAGE, AK 99503

Financials

$3.5M$3.5M2023$8.6M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of COOK INLET LENDING CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,551,700$4,565,137$3,986,563$34,496,351$15,019,298$19,477,053
December 31, 2023990$3,493,060$3,529,195-$36,135$29,827,685$14,495,774$15,331,911
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,466,241
of which government grants
$2,212,299
Program service revenue
$619,198
Investment income
$144,966
Other revenue
$321,295

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,993,716
Salaries, compensation and benefits (total)
$1,993,716
Professional fundraising fees
$0
Travel
$46,047
Depreciation
$66,522
Program services (functional)
$4,565,137

Balance sheet and other

Total assets, start of year
$29,827,685
Total assets, end of year
$34,496,351
Total liabilities, end of year
$15,019,298
Net assets, end of year
$19,477,053
Land, buildings and equipment
$16,397
Net assets without donor restrictions
$19,477,053
Gross receipts
$8,551,700
Employees
17
Volunteers
0
Year formed
2001
State of legal domicile
AK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEFF TICKLEPRESIDENT
Highest-paid employee
40$236,250
KARI COONOFFICER
Highest-paid employee
40$136,500
JULIET SADRCOMPLIANCE MANAGER
Highest-paid employee
40$117,600
JULIE NOLENBUSINESS LENDING MANAGER
Highest-paid employee
40$113,400
BEN REYNOLDSRESIDENTIAL LENDING MANAGER
Highest-paid employee
40$109,200
MICHAEL BOLINGCHAIRMAN
Trustee or director
1$0
DEBRA MORRISSECRETARY
Trustee or director
1$0
ROBERT JULIUSSENVICE CHAIR
Trustee or director
1$0
BARBARA DONATELLICOMMISIONER
Trustee or director
1$0
PATRICK DUKETREASURER
Trustee or director
1$0
JEWEL JONESDIRECTOR
Trustee or director
1$0
MARIA TAGLIAVENTODIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JEFF TICKLEPRESIDENT
Highest-paid employee
40$231,694
KARI COONOFFICER
Highest-paid employee
40$125,314
JEWEL JONESDIRECTOR
Trustee or director
1$8,500
MICHAEL BOLINGCHAIRMAN
Trustee or director
1$0
DEBRA MORRISSECRETARY
Trustee or director
1$0
ROBERT JULIUSSENVICE CHAIR
Trustee or director
1$0
BARBARA DONATELLIDIRECTOR
Trustee or director
1$0
PATRICK DUKETREASURER
Trustee or director
1$0
MARIA TAGLIAVENTODIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3600 SPENARD RD STE 100, ANCHORAGE, AK 99503-5694
In care of
% CAROL GORE
Principal officer (990 for 2024)
JEFF TICKLE, 3600 SPENARD ROAD 100, ANCHORAGE, AK 99503
Signed the 990
JEFF TICKLE, PRESIDENT
Phone
(907) 793-3000
Return prepared by
NEWHOUSE & VOGLER CPA'S APC

Mission

COOK INLET LENDING CENTER IS A NON-PROFIT LENDING ENTITY ESTABLISHED TO PROMOTE AND PROVIDE LENDING PRODUCTS AND SERVICES TO LOW-INCOME PERSONS IN THE COOK INLET REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • HOME BUYER LOAN PROGRAM PROVIDES ASSISTANCE TO ELIGIBLE APPLICANTS AS THEY FINANCE A HOME WITHIN THE COOK INLET REGION IN THE FORM OF A MORTGAGE DOWN PAYMENT OR A SECOND MORTGAGE SECURED BY A DEED OF TRUST ON THE PROPERTY.
    Expenses $4,565,137 · revenue $1,085,459

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-0177969
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$32,693,155
Income (IRS master file)
$4,700,985

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,551,700$4,565,137$34,496,351XML
990December 2023$3,493,060$3,529,195$29,827,685XML
990December 2022$2,983,120$2,256,443$29,170,429IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-0177969).

Questions about COOK INLET LENDING CENTER INC

What is the EIN of COOK INLET LENDING CENTER INC?
The employer identification number (EIN) of COOK INLET LENDING CENTER INC is 92-0177969.
Is COOK INLET LENDING CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to COOK INLET LENDING CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COOK INLET LENDING CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COOK INLET LENDING CENTER INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COOK INLET LENDING CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COOK INLET LENDING CENTER INC?
The 990 for the year ended December 31, 2024 names JEFF TICKLE.
Who are the officers and directors of COOK INLET LENDING CENTER INC?
The 990 for the year ended December 31, 2024 lists 12 people; 5 received compensation from the organization, the highest $236,250 (JEFF TICKLE, PRESIDENT).
How much revenue does COOK INLET LENDING CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,551,700, expenses of $4,565,137 and total assets of $34,496,351 at year end.

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