2024-10-28T10:35:45-07:00 2024-06-30 330488213 George J Woo 1085 W State Street El Centro CA 92243 990 2023-07-01 956120642 Imperial Valley College Foundation IMPE 7603556103 380 East Aten Road Imperial CA 92251 Todd Evangelist Executive Dir. 2024-10-28 true true George J Woo P00219168 7603375555 X 2023 2024-10-15 13:58:12Z 380 East Aten Road Imperial CA 92251 840520 false X N/A X 1965 CA The Foundation is an independent organization operating solely for the benefit of Imperial Valley Community College. The Foundation receives public support for the benefit of the students at the college. 16 16 0 0 704393 275674 0 58565 96064 61742 72544 824700 444282 550746 377991 0 44439 49712 0 0 145474 136622 740659 564325 84041 -120043 3133293 3189670 53176 2861 3080117 3186809 The Foundation is an independent organization operating solely for the benefit of Imperial Valley Community College. The Foundation receives public support for the benefit of the students at the college. false false 407631 275674 Grants, Scholarships, and allocations for the benefit of the students at Imperial Valley Community College. 407631 true true false false false false false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false 0 false false false false false false false false false false X 16 16 false false false false false false false true true false false true false true true false false false X Monica Rogers 7603556103 380 E Aten Road Imperial CA 92251 Monica Rogers Coordinator 0.00 40.00 0 144435 0 Rod Smart Executive Dir. 40.00 40.00 X 0 123391 0 Sayrs Morris Director 1.00 0.00 X 0 0 0 Victor Jaime Director 1.00 0.00 X 0 0 0 Elizabeth Espinoza Director 1.00 0.00 X 0 0 0 Karla Sigmond Director 0.00 0.00 X 0 0 0 Celeste Alvarez Director 0.00 0.00 X 0 0 0 Dan Devoy Director 1.00 0.00 X 0 0 0 Mary Lofgren Director 1.00 0.00 X 0 0 0 Mike Kelley Director 1.00 0.00 X 0 0 0 Vince Signorotti Director 1.00 0.00 X X 0 0 0 Fidel Gonzalez Treasurer 1.00 0.00 X X 0 0 0 Robert Rubio Secretary 1.00 0.00 X X 0 0 0 Sean Wilcock President 1.00 0.00 X 0 0 0 Dr Lennor Johnson Director 1.00 0.00 X 0 0 0 Dr Daniel Ortiz Director 1.00 0.00 X 0 0 0 Erika Aponte Director 1.00 0.00 X 0 0 0 Fred Miramontes Vice President 1.00 0.00 X 0 0 0 267826 0 false false false 0 275674 275674 0 74568 74568 0 0 0 380497 359001 21496 21496 21496 107250 37237 70013 0 0 Misc. Reimbursements 2531 2531 2531 444282 98595 0 0 377991 377991 0 0 0 47962 8633 39329 0 0 1750 1750 0 29287 29287 0 0 0 26985 21007 5978 0 10020 10020 1197 1197 0 0 0 25043 25043 0 0 0 0 0 5596 5596 Misc. Expense 33109 33109 Database Management 2013 2013 Copier / Printer 1547 1547 Membership Dues 695 695 1130 1130 564325 407631 156694 0 405938 224493 0 0 33122 0 0 0 0 0 0 15000 15000 15000 0 2679233 2950177 0 0 0 3133293 3189670 53176 2861 53176 2861 X 486733 394150 2593384 2792659 3080117 3186809 3133293 3189670 X -120043 226735 X false true X false false X 387221 203551 1235899 671271 382924 2880866 0 0 387221 203551 1235899 671271 382924 2880866 0 2880866 41365 39368 51649 69324 96064 297770 0 27026 34279 23821 61742 72544 219412 3398048 0.84780 0.86330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2593384 119172 271637 170527 21007 2792659 2439942 196976 231162 256656 18040 2593384 1735479 380300 -192175 45216 12120 1866268 1443039 50 339557 37200 9967 1735479 1470232 2300 16685 36950 9228 1443039 1.00000 false false false 15000 15000 15000 2950177 Part V, Line 4: Intended uses of the endowment fund. Part V: Endowment FundsLine 4Interest earned on endowment funds is used for restricted scholarships to students as approved by the governing board.Part VII: Line 2d; Fund raising expenses reported as a reduction of fund raising income-that is, fund raising income is reported on Form 990, page 1, net of fund raising expenses. X false Lotus Living Fund 57852 57852 9067 4015 Golf Tournament 48649 48649 7600 15640 415 106501 106501 7600 15640 9067 4430 36737 69764 Form 990, Part VI, Section B, Line 11b The tax returns are prepared by an Independent CPA firm utilizing audited financial information and is reviewed by the Executive Director, Foundation Accountant, and Board Treasurer prior to filing. In addition, other members of the Governing Board review the tax returns at the monthly Board meeting before the tax returns are filed. Form 990, Part VI, Section C, Line 19 Financial records, Governing documents, and other Board policies are kept at the Foundation office and are available for inspection to the general public upon request. Form 990, Part XI, Line 9 Net Increase in fair value of investments = $226735 Form 990, Part III. Line 1 - Organization's Mission Attachment 1 The Foundation is authorized to operate as an independent organization of theImperial Valley Community College District in accordance with the provisions of Article 6 of Chapter 6 of part 45 of the Education Code. The Foundation receives public support, revenue, and donations for the benefit of students and program support for Imperial Valley Community College. Form 990, Part VIII - Fundraising Events Attachment 3Description: Gross Direct Net Income Expenses Income Golf Tournament $ 57,852 $ 13,082 $ 44,770Spring Reception $ 0 $ 0 $ 0IVC Student Housing $ 48,649 23,655 $ 24,9945-K Run $ 0 $ 0 $ 0 V.Jaime Leadership Fund $ 375 $ 500 $ (125)Other $ 374 $ 0 $ 374 Form 990, Part VIII - Investment Income Attachment 2Description (A) (B) Total Related or Revenue Exempt Revenue Interest and Dividends on Investments $ 69,324 $ 69,324Realized Gain (Loss)on Sale of Investments $(10,759) $ (10,759)Total Investment Income $ 58,565 $ 58,565 Part XI: Reconciliation of Net Assets Line 5 Change in Net AssetsChange in Net Assets of $ 204,557 as a result of the recognition of unrealized gain (loss) on investments due to change in fair market value.