Form 990 for tax year 2024
Filed by RIVERSIDE COMMUNITY COLLEGE DISTRICT FOUNDATION.
Totals
- Total revenue
- $3,081,316
- Total expenses
- $1,566,188
- Contributions and grants received
- $1,248,259
- Grants paid
- $492,014
- Program service revenue
- $0
- Investment income
- $1,845,289
- Other revenue
- -$12,232
- Total assets, end of year
- $23,852,200
- Total liabilities, end of year
- $381,274
- Net assets or fund balances, end of year
- $23,470,926
- Program services expenses (Part IX)
- $1,338,227
- Management and general expenses
- $227,961
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,338,227
Program services were 85.4% 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.
-
1a · Federated campaigns
$5,000
-
1c · Fundraising events
$95,437
-
1e · Government grants (contributions)
$92,000
-
1f · All other contributions, gifts and grants
$1,055,822
-
1g · Noncash contributions included above
$37,599
-
3 · Investment income
total $633,565 · excluded $633,565
-
7a · Gross sales of assets other than inventory
securities $1,211,724
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $1,211,724
-
7d · Net gain or loss
total $1,211,724 · excluded $1,211,724
-
8a · Fundraising events: gross income
$38,139
-
8a · Fundraising events: contributions included on line 1c
$95,437
-
8b · Fundraising events: direct expenses
$65,221
-
8c · Net income from fundraising events
total -$27,082 · excluded -$27,082
-
9a · Gaming: gross income
$14,850
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $14,850 · excluded $14,850
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $492,014 · program services $492,014
-
11f · Fees: investment management
total $64,415 · management and general $64,415
-
11g · Fees: other
total $763,186 · program services $696,026 · management and general $67,160
-
12 · Advertising and promotion
total $5,200 · program services $5,200
-
13 · Office expenses
total $85,533 · program services $84,983 · management and general $550
-
19 · Conferences, conventions and meetings
total $22,059 · program services $21,991 · management and general $68
-
23 · Insurance
total $2,044 · management and general $2,044
-
24a · Other expenses: OTHER EXPENSES
total $96,599 · program services $37,433 · management and general $59,166
-
24b · Other expenses: EQUIPMENT
total $34,558 · management and general $34,558
-
24c · Other expenses: MEMBERSHIPS AND DUES
total $580 · program services $580
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $619,983 · end of year $622,156
-
2 · Savings and temporary cash investments
beginning of year $3,870,212 · end of year $3,138,944
-
3 · Pledges and grants receivable
beginning of year $89,789 · end of year $39,964
-
11 · Investments: publicly traded securities
beginning of year $12,502,478 · end of year $15,066,213
-
12 · Investments: other securities
beginning of year $803,008 · end of year $347,962
-
13 · Investments: program-related
beginning of year $499,601 · end of year $543,489
-
15 · Other assets
beginning of year $3,793,832 · end of year $4,093,472
-
17 · Accounts payable and accrued expenses
beginning of year $31,796 · end of year $21,265
-
24 · Unsecured notes and loans payable
beginning of year $231,098 · end of year $162,226
-
25 · Other liabilities
beginning of year $64,699 · end of year $197,783
-
27 · Net assets without donor restrictions
beginning of year $1,417,581 · end of year $1,569,814
-
28 · Net assets with donor restrictions
beginning of year $20,433,729 · end of year $21,901,112
Mission and programs · 2024
Mission
THE RCCD FOUNDATION RAISES AND MANAGES PRIVATE DONATIONS TO SUPPORT THE STUDENTS, PROGRAMS, AND FACULTY OF THE RCCD COLLEGES-MORENO VALLEY COLLEGE, NORCO COLLEGE, AND RIVERSIDE CITY COLLEGE.
Activities or mission (Part I)
THE FOUNDATION RAISES AND MANAGES PRIVATE DONATIONS FOR THE RIVERSIDE COMMUNITY COLLEGES.
-
THE FOUNDATION IS DEDICATED TO ADVANCING ACADEMIC EXCELLENCE AND ACCESS TO EDUCATION FOR ALL RESIDENTS. IN FURTHERANCE OF THIS MISSION THE FOUNDATION WILL DEVELOP RESOURCES TO ASSIST THE DISTRICT IN MEETING ITS OBJECTIVES AND WILL ENCOURAGE A VARIETY OF PARTNERSHIPS AND ALLIANCES IN THE COMMUNITIES IT SERVES. THE ORGANIZATION HAS PROVIDED SUPPLEMENTAL FINANCIAL SUPPORT FOR THE EDUCATIONAL PROGRAMS OF THE RIVERSIDE COMMUNITY COLLEGE DISTRICT.
Expenses $846,213
-
THE FOUNDATION PROVIDES SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGES WITHIN THE RIVERSIDE COMMUNITY COLLEGE DISTRICT.
Expenses $492,014 · Grants $492,014
As filed on the 2024 return.
Listed in Part VII
-
Jacqueline HallJACQUELINE HALL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dennis BrandtDENNIS BRANDT
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Kyley YbarraKYLEY YBARRA
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jesus HolguinJESUS HOLGUIN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sergio DiazSERGIO DIAZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Shannon CarlsonSHANNON CARLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rita ClemonsRITA CLEMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shirley CoatesSHIRLEY COATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas CoatesTHOMAS COATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vivien DeleoneVIVIEN DELEONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donna GrantDONNA GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle HertingMICHELLE HERTING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
George HoltGEORGE HOLT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Martinrex KedzioraMARTINREX KEDZIORA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Albert RandallDR ALBERT RANDALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert RiddickROBERT RIDDICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Fauzia RizviFAUZIA RIZVI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janet SteinerJANET STEINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lizeth VegaLIZETH VEGA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffry KaatzJEFFRY KAATZ
EXECUTIVE DIRECTOR
- Total calculated
- $323,119
- From this org
- $232,886
- From related orgs
- $0
- Other
- $90,233
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $232,886
- Bonus
- $0
- Other
- $0
- Deferred
- $62,172
- Nontaxable benefits
- $28,061
- Filer's total
- $323,119
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
The filer's explanations (Part III)
- FORM 990, SCHEDULE J, PART II
- JEFFRY KAATZ RECEIVED $232,886 IN BASE COMPENSATION, $62,172 IN RETIREMENT BENEFITS, AND $28,061 IN NONTAXABLE BENEFITS FROM RIVERSIDE COMMUNITY COLLEGE DISTRICT, AN UNRELATED ORGANIZATION.
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621319349304252
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