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Nonprofiteer
← PARKVIEW LEGACY FOUNDATION

Form 990 for tax year 2022

Filed by PARKVIEW LEGACY FOUNDATION.

Totals

Total revenue
$1,073,017
Total expenses
$607,752
Contributions and grants received
$1,225,427
Grants paid
$103,047
Program service revenue
$0
Investment income
-$138,941
Other revenue
-$13,469
Total assets, end of year
$13,610,643
Total liabilities, end of year
$86,942
Net assets or fund balances, end of year
$13,523,701
Program services expenses (Part IX)
$429,281
Management and general expenses
$178,471
Fundraising expenses
$0
Program service expenses (Part III)
$429,281

Program services were 70.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $18,894

  • 1e · Government grants (contributions)

    $205,728

  • 1f · All other contributions, gifts and grants

    $1,000,805

  • 3 · Investment income

    total $51,365 · excluded $51,365

  • 7a · Gross sales of assets other than inventory

    securities $2,473,570

  • 7b · Less cost or other basis and sales expenses

    securities $2,663,876

  • 7c · Gain or loss

    securities -$190,306

  • 7d · Net gain or loss

    total -$190,306 · excluded -$190,306

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $18,894

  • 8b · Fundraising events: direct expenses

    $13,469

  • 8c · Net income from fundraising events

    total -$13,469 · excluded -$13,469

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $103,047 · program services $103,047

  • 5 · Compensation of officers, directors and key employees

    total $149,582 · program services $115,086 · management and general $34,496

  • 7 · Other salaries and wages

    total $17,238 · program services $4,762 · management and general $12,476

  • 8 · Pension plan contributions

    total $16,705 · program services $12,028 · management and general $4,677

  • 9 · Other employee benefits

    total $20,375 · program services $14,670 · management and general $5,705

  • 11f · Fees: investment management

    total $41,476 · management and general $41,476

  • 11g · Fees: other

    total $19,757 · management and general $19,757

  • 12 · Advertising and promotion

    total $1,200 · management and general $1,200

  • 13 · Office expenses

    total $3,074 · program services $161 · management and general $2,913

  • 16 · Occupancy

    total $17,129 · management and general $17,129

  • 19 · Conferences, conventions and meetings

    total $3,309 · program services $1,889 · management and general $1,420

  • 22 · Depreciation, depletion and amortization

    total $1,125 · management and general $1,125

  • 23 · Insurance

    total $4,838 · management and general $4,838

  • 24a · Other expenses: GRANT SUBCONTRACTORS

    total $134,230 · program services $134,230

  • 24b · Other expenses: CERTIFICATIONS

    total $25,010 · program services $25,010

  • 24c · Other expenses: DONOR RELATIONS

    total $23,291 · program services $17,100 · management and general $6,191

  • 24d · Other expenses: MEALS AND ENTERTAINMENT

    total $11,572 · management and general $11,572

  • 24e · All other expenses

    total $14,794 · program services $1,298 · management and general $13,496

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,073,027 · end of year $1,122,780

  • 3 · Pledges and grants receivable

    beginning of year $6,912,706 · end of year $6,945,880

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,639 · end of year $1,214

  • 10a · Land, buildings and equipment: cost or other basis

    $7,256

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,915

  • 10c · Land, buildings and equipment, net

    beginning of year $2,466 · end of year $1,341

  • 11 · Investments: publicly traded securities

    beginning of year $4,550,800 · end of year $5,539,428

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,461 · end of year $86,942

  • 27 · Net assets without donor restrictions

    beginning of year $12,435,604 · end of year $13,523,701

  • 28 · Net assets with donor restrictions

    beginning of year $93,573 · end of year $0

Mission and programs · 2022

Mission

THE ORGANIZATION'S MISSION IS TO: FUND, SUPPORT OR PROVIDE HEALTHCARE PROGRAMS TO BENEFIT RESIDENTS OF THE PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER SERVICE AREA.

Activities or mission (Part I)

TO ENGAGE IN THE SOLICITATION AND RECEIPT OF DONATIONS, BOTH CASH AND IN-KIND FOR THE BENEFIT AND NECESSARY SUPPORT OF PARKIEW COMMUNITY HOSPITAL.

  • WE ARE MOVING FORWARD WITH PLANNING AND HOUSING SOLUTIONS DEVELOPMENT WORK ALONG SEVERAL LINES INCLUDING LAND TRUSTS, ACCESSORY DWELLING UNITS (ADU'S), HOUSING TRUST, NEIGHBORHOOD INVESTMENT TRUSTS, HOUSING AS HEALTHCARE. PART OF THIS IS TAKING PLACE WITH A CROSS-SECTOR GROUP THAT WE LEAD AND HELPED FORM WITH THE CENTER FOR COMMUNITY INVESTMENT. WE ARE WORKING WITH THIS GROUP ON A PLAN TO ENSURE 30% OF RIVERSIDE'S AFFORDABLE HOUSING NEEDS AT 30% OF LOW- TO MODERATE INCOME LEVELS BY 2030 - WE CALL THIS DEVELOPING PLAN 30/30/30. THIS WORK CONTINUES AND IS CURRENTLY TAKING THE SHAPE OF PRODUCING A LOCALIZED TOOLKIT THAT WILL MAKE THE PRODUCTION OF ADU'S WITH OPTIONS FOR WELLNESS SUPPORTS AND THE INTEGRATION OF LAND TRUSTS MORE ACCESSIBLE. STRONG PROGRESS CONTINUES ON THE ADU TOOLKIT AND WORK IS MOVING FORWARD IN THE ESTABLISHMENT OF A WESTERN REGION PIPELINE OF HOUSING PROJECTS. THIS WORK IS INTENDED TO INTEGRATE INNOVATIVE SOLUTIONS INTO A COMPREHENSIVE MODEL THAT CAN BE INCLUDED IN CITY AND COUNTY PLANS, IMPLEMENTED THROUGHOUT OUR REGION, SCALED, AND DUPLICATED ELSEWHERE. PARKVIEW LEGACY FOUNDATION SERVES AS THE CHAIR OF THE BOARD FOR THE INLAND SOCAL HOUSING COLLECTIVE. WE HAVE HELPED FACILITATE FUNDING FOR 2 YEAR'S WORTH OF OPERATIONS FOR THAT ORGANIZATION AND GETTING IT FULLY ESTABLISHED AS AN INDEPENDENT NON-PROFIT ORGANIZATION. WE HAVE ALSO HELPED FACILITATE A LEGISLATIVE TRACKING MECHANISM ON HOUSING RELATED LEGISLATION THROUGH ITS EDUCATE AND ADVOCATE COMMITTEE AND HELPED FACILITATE WORKSHOPS ON EVICTION AND FORECLOSURE PREVENTION FOR OUR MOST VULNERABLE RESIDENTS.

    Expenses $114,724 · Grants $65,573

  • INTEGRATED SOLUTIONS FOR YOUTH RECOVERY AND RESILIENCY IS UNDERWAY-WE HAVE TRAINED OVER 170 INDIVIDUALS. (OUT OF 110)-WE HAVE PROVIDED 67 PEOPLE WITH CERTIFICATIONS (OUT OF 110)-THE FAMILY RESOURCE SPECIALIST FOR BBBS HAS BEEN HIRED AND IS CURRENTLY PROVIDING SUPPORT TO 87 FAMILIES IN THIS PROJECT. -OVER 13 INDIVIDUALS HAVE RECEIVED FREE PSYCHOLOGICAL COUNSELING. -WORKSHOPS HAVE BEEN PROVIDED AT THE NATIONAL INNOVATIVE COMMUNITIES, BBBS NATIONAL CONFERENCES, AND GROWING INLAND ACHIEVEMENT'S TOWARD A SHARED VISION CONFERENCE.

    Expenses $242,409 · Grants $37,474 · Revenue $205,728

  • WE HAVE HELPED SECURE OVER 3 MILLION IN FUNDING FOR AN IMPORTANT NPHS HOUSING PROJECT AND $750,000.00 IN ADDITIONAL FUNDING FOR OUR INTEGRATED SOLUTIONS FOR COMMUNITY STABILITY THROUGH HOUSING THAT WILL BE IMPLEMENTED AS PART OF OUR SOCIAL MOBILITY EFFORTS IN FUTURE YEARS.

    Expenses $72,148

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Matthew Stowe

    CHAIR UNTIL JANUARY 2023

    Total calculated
    $0
    Hours/week
    1
  • Justin Gilbert

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Shawn Washington CPA

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Dwight Tate

    AT LARGE EXEC COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Dayne Brassard

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Judy Carpenter

    MEMBER UNTIL JANUARY 2023

    Total calculated
    $0
    Hours/week
    1
  • Dr Antonio Mejico

    MEMBER, CHAIR BEGINNING JANUARY 2023

    Total calculated
    $0
    Hours/week
    1
  • Dex Alexander

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Norm Pelzer

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Calvin Patel

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Karen Demarco

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Todd Ridgway

    MEMBER UNTIL APRIL 2023

    Total calculated
    $0
    Hours/week
    1
  • Kim Saruwatari

    MEMBER BEGINNING JANUARY 2023

    Total calculated
    $0
    Hours/week
    1
  • Jose Medina

    MEMBER BEGINNING JANUARY 2023

    Total calculated
    $0
    Hours/week
    1
  • Tom Loza

    MEMBER BEGINNING JANUARY 2023

    Total calculated
    $0
    Hours/week
    1
  • Damien O'Farrell

    PRESIDENT AND CEO

    Total calculated
    $164,579
    From this org
    $164,579
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,611
    Bonus
    $0
    Other
    $21,968
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $164,579

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
12 March 2024
IRS schema version
2022v5.0
Source object
202420879349301307

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