Public Charity

County of Riverside Asset Leasing Corporation CORAL

County of Riverside Asset Leasing Corporation CORAL is a nonprofit organization categorized as Public Charity based in Riverside, CA. Its most recent IRS filing (2025) reports revenue of $18.9M, expenses of $18.5M, total assets of $53.5M.

EIN: 330017859 Riverside, CA Latest filing: 2025
Total Revenue$18.9M
Total Expenses$18.5M
Total Assets$53.5M
Grant Records0
Filing Years2021–2025

Mission

TO ASSIST THE COUNTY OF RIVERSIDE BY ACQUIRING EQUIPMENT AND FACILITIES FINANCED FROM THE PROCEEDS OF BORROWINGS AND LEASING SUCH EQUIPMENT AND FACILITIES TO THE COUNTY.

Where $100 goes at County of Riverside Asset Leasing Corporation CORAL

How County of Riverside Asset Leasing Corporation CORAL divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$91 Programs the work itself
$9 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $91 for programs

$91
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
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Treasurer Chuck Washington
Member Jose Medina
Secretary Karen Spiegel
President V Manuel Perez
Member Yxstian Gutierrez

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $18.9M $18.5M $53.5M
2024 $20.3M $19.3M $71.1M
2023 $21.0M $20.0M $87.1M
2022 $10.3M $7.9M $102.4M
2021 $18.5M $15.7M $424.3M

Between 2021 and 2025, reported annual revenue grew from $18.5M to $18.9M (+2%), with total assets most recently reported at $53.5M.

Interactive year-over-year charts and full filing details available with membership.

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