Overview
What is On The Road Lending?
On The Road Lending is a nonprofit organization situated in Irving, Texas. Their primary mission is to alleviate poverty through innovative transportation solutions. They offer a program called the Freedom of Mobility, enabling individuals to purchase late-model vehicles under warranty. In 2022, they assisted approximately 1,500 people, with 203 successfully acquiring vehicles. Beyond vehicle provision, On The Road Lending provides financial workforce education, coaching, and coursework to prepare low- to moderate-income individuals for purchasing reliable transportation. Additionally, their Garage Program offers on-the-job training opportunities for under-represented populations in high-wage, high-growth occupations within the automotive collision repair industry. With a staff of 12 employees, On The Road Lending aims to empower individuals to secure better-paying jobs and improve their overall livelihood.
Official website here: www.ontheroadlending.org
Is On The Road Lending legitimate?
On The Road Lending is a legitimate nonprofit organization registered as a 501(c)(3) entity. On The Road Lending submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,196,505
For more financial information, click here
Official website here: www.ontheroadlending.org
What is the mission statement of On The Road Lending?
On The Road Lending's mission is centered around uplifting individuals from poverty through innovative transportation solutions. They achieve this by offering financial education alongside their mobility program. This program provides financial coaching, coursework, and vehicle selection assistance, enabling low- to moderate-income individuals to purchase reliable transportation, thereby opening up opportunities for better-paying jobs. The organization also includes a Garage Program, which offers on-the-job training through registered apprenticeship programs in high-wage, high-growth occupations within the automotive collision repair industry, providing opportunities for under-represented populations.
Official website here: www.ontheroadlending.org
Who is the CEO of On The Road Lending?
Michelle Corson is the Past Chair of On The Road Lending. The CEO's salary of On The Road Lending is $0 and their total compensation is $0.
Official website here: www.ontheroadlending.org
What is the revenue of On The Road Lending?
On The Road Lending's revenue in 2022 was $2,765,922.
Official website here: www.ontheroadlending.org
Who are the executives of On The Road Lending and what are their salaries?
The average compensation at On The Road Lending during 2022 was $99,709. There are 12 employees and 8 volunteers at On The Road Lending.
Here are 13 key members and their salaries (On The Road Lending's CEO's salary is $0 and their total compensation is $0):
- William Long Jr (President)
- Lonnie Smith (President)
- Deborah Hanson (Marketing Director)
- Jay Altizer (Past Chair) [Trustee/Director]
- David Chard (Chairman) [Trustee/Director]
- Josh Mayfield (Secretary) [Trustee/Director]
- Maria Coello (Director)
- Michelle Corson (Ceo & Director)
- John Giegerich (Director)
- Yolette Garcia (Director)
- Yolanda Turner (Director)
- Jay Hein (Director)
- Nick Stanutz (Cfo)
Official website here: www.ontheroadlending.org
Where can I find the form 990 for On The Road Lending?
The On The Road Lending’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ontheroadlending.org
Learn more at the official website: www.ontheroadlending.org
Mission Statement of On The Road Lending
On The Road Lending, as a nonprofit organization, is committed to lifting individuals out of poverty through innovative transportation solutions. Their mission is twofold: to provide financial workforce education and facilitate access to reliable transportation for low- to moderate-income individuals. The Mobility Program, a key initiative, empowers these individuals by offering financial coaching, coursework, and vehicle selection assistance. This comprehensive approach prepares them to purchase reliable transportation, enabling them to secure better-paying jobs.
Furthermore, On The Road Lending houses The Garage Program, which offers under-represented populations a unique opportunity to gain practical experience. This program provides on-the-job training through registered apprenticeship programs in high-wage, high-growth occupations within the automotive collision repair industry. By combining education and employment opportunities, On The Road Lending is not only helping individuals overcome poverty but also fostering a skilled workforce in the automotive industry.
Impact
This information is meant to be a general summary of On The Road Lending. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
On The Road Lending's impact lies in its ability to lift individuals from poverty through transportation innovation. The organization's Freedom of Mobility Program enables clients to purchase late-model vehicles under warranty, providing them with a pathway to economic empowerment. In 2022, On The Road Lending worked with about 1,500 people in the mobility program, ultimately helping 203 individuals secure vehicles. By offering financial coaching, coursework, and vehicle selection assistance, On The Road Lending prepares low- to moderate-income individuals to purchase reliable transportation, positioning them to access better-paying jobs. Additionally, through its Garage Program, the organization provides under-represented populations with opportunities for on-the-job training in high-wage, high-growth occupations within the automotive collision repair industry. Overall, On The Road Lending's work extends beyond mere transportation assistance, equipping individuals with the tools and resources needed to improve their financial well-being and career prospects.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GARAGE PROGRAM
Revenue
$560,267
Organization Details
Founding Year
2013
Phone
(214) 226-2542
Principal Officer
Michelle Corson
Main Address
1500 NORTH LOOP 12, IRVING, TX, 75061
Website
www.ontheroadlending.org
NTEE Category
Code: P20 - Human services
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