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FREQUENTLY ASKED QUESTIONS:

F.A.Q.: FAQ

IS SOIL A NONPROFIT CORPORATION?

SOIL Sangre de Cristo
EIN 93-1532334

is a 501(c)(3) tax-exempt organization as recognized by the Internal Revenue Service and as a public charity by the Colorado Secretary of State. (Registration # 20243001159). 
All contributions are tax-deductible to the extent allowed by law. 
An email documenting the tax-deductible membership purchase will be sent.

 

 ARE THESE LOANS OR GRANTS?

They are o% interest loans. The loan committee works out the details for loan repayment with the applicant. A promissory note is written between the loanee and SOIL Sangre de Cristo with the terms. We track on calendar when payments are due and stay in communication with the awardees for progress reports.

CAN A MEMBER VOTE BY PROXY?

Yes. Please send chair@soilsangredecristo.org a message requesting more information about this membership benefit.

WHAT IS MY RESPONSIBILITY AS A MEMBER?

Please attend the semi-annual meetings, held in the Spring and late Fall. Members will vote for the loan distributions. If you care do more as a volunteer, it is always welcome. Please consider becoming a Member
of the Board of Directors or the Review Committee. Thank you!

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