2024-11-15T09:55:45-08:00 2023-12-31 830534566 Balarsky & Beebout CPAs 6920 Fair Oaks Blvd Ste 205 Carmichael CA 95608 990 2023-01-01 465335623 SRCF SUPPORTING ORGANIZATION SRCF 9169217723 955 UNIVERSITY AVENUE A SACRAMENTO CA 95825 NAOMI WILSON CFO 2024-11-14 true true Steven J Olds CPA P01343979 9169212600 2023 2024-10-15 13:58:12Z KERRY WOOD 955 UNIVERSITY AVENUE A SACRAMENTO CA 95825 10698885 false X N/A X 2014 CA TO SUPPORT THE MISSION OF THE SACRAMENTO REGION COMMUNITY FOUNDATION. 5 3 0 3 0 9846500 824492 0 1 -37574 78 -5561 9846579 781357 5013808 0 0 0 0 28198 185110 28198 5198918 9818381 -4417561 9819422 5403572 1055 1670 9818367 5401902 TO SUPPORT THE MISSION OF THE SACRAMENTO REGION COMMUNITY FOUNDATION. false false 5013808 5013808 TO SUPPORT THE MISSION OF THE SACRAMENTO REGION COMMUNITY FOUNDATION. 5013808 true true false false false false false false false false false false false true true true false true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 5 3 false false false false true true true true true false false false true true true true true false false false CA X SRCF SUPPORTING ORG 9169217723 955 UNIVERSITY AVENUE A SACRAMENTO CA 95825 KERRY WOOD CEO 2.00 40.00 X X 0 245600 19648 EDWARD HARRIS FORMER CFO 2.00 40.00 X X 0 168000 14334 NAOMI WILSON CFO 2.00 40.00 X X 0 83623 5313 CASSANDRA PYE SECRETARY 1.00 1.00 X X 0 0 0 KATHY MCKIM CHAIR 1.00 2.00 X X 0 0 0 GARRY MAISEL VICE CHAIR 1.00 1.00 X X 0 0 0 497223 39295 0 false true false 0 824492 641380 824492 0 21516 21516 0 0 41767 58316 -16549 -16549 -16549 122 9800000 9859212 122 -59212 -59090 -59090 0 0 0 Miscellaneous Revenue 900099 10988 10988 10988 781357 -43135 5013808 5013808 0 0 0 0 0 0 0 0 0 792 792 95303 95303 140 140 0 0 322 322 0 0 0 0 0 0 0 0 0 79211 79211 0 0 38 38 Utilities 9304 9304 0 5198918 5013808 185110 0 1025 995 0 0 0 0 0 0 0 0 9800000 0 0 0 0 0 18397 5402577 9819422 5403572 1055 615 1055 1055 1670 X 9818367 5401902 9818367 5401902 9819422 5403572 -4417561 1096 X false true X true false X X 1 SACRAMENTO REGIONAL COMMUNITY FOUND 942891517 8 true 5011158 0 1 5011158 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Capital Preservation Pool 899703 Impact Assets 3824942 Limited Partnership Interest 659380 Long Term Donor Pool 18552 5402577 Management Fees Payable 1055 1055 X Part X : FIN48 Footnote PART X, LINE 2:THE ORGANIZATION IS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM STATE OF CALIFORNIA INCOME TAXES, EXCEPT ON UNRELATED BUSINESS INCOME. THEREFORE, THESE CONSOLIDATED FINANCIAL STATEMENTS CONTAIN NO PROVISION FOR SUCH TAXES. INFORMATIONAL RETURNS ARE FILED ANNUALLY WITH FEDERAL AND STATE TAXING AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD AFFECT ITS TAX-EXEMPT STATUS. THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2023 AND 2022, RESPECTIVELY.THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. FOR THE YEAR ENDED DECEMBER 31, 2023 AND 2022, THERE WERE NO TAX INTEREST OR PENALTIES RECORDED IN THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS. true SACRAMENTO REGION COMMUNITY 955 UNIVERSITY AVE SUITE A SACRAMENTO CA 95825 942891517 5011158 0 GENERAL SUPPORT 1 0 Additional Supplemental Information PART I, LINE 2:THE ORGANIZATION MAKES GRANTS TO ITS SUPPORTED ORGANIZATION, SACRAMENTO REGION COMMUNITY FOUNDATION. BOTH ORGANIZATIONS SHARE BOARD MEMBERS WHO FORMALLY MONITOR THE USE OF THE FUNDS. false false false false false false false false false EDWARD HARRIS FORMER CFO 168000 14334 182334 KERRY WOOD CEO 245600 19648 265248 Part II, Compensation from Unrelated Organizations PART I, LINE 3:THE ORGANIZATION RELIES ON A RELATED ORGANIZATION, SACRAMENTO REGION COMMUNITY FOUNDATION, TO DETERMINE THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL. THE RELATED ORGANIZATION USED ONE OR MORE METHODS IN LINE 3 TO DETERMINE THE COMPENSATION.NO COMPENSATION WAS PAID TO THE OFFICERS OF THE ORGANIZATION FOR THEIR SERVICES TO THE ORGANIZATION. X Limited Partnership Interest 1 641380 FMV false false false Form 990, Part VI, Section A, Line 6 THE SOLE DESIGNATOR OF THE ORGANIZATION IS SACRAMENTO REGION COMMUNITY FOUNDATION. Form 990, Part VI, Section A, Line 7a THE SOLE DESIGNATOR, SACRAMENTO REGION COMMUNITY FOUNDATION, ELECTS THE ORGANIZATION'S BOARD OF DIRECTORS. Form 990, Part VI, Section A, Line 7b THE SOLE DESIGNATOR MUST APPROVE AMENDMENTS TO THE ORGANIZATION'S GOVERNING DOCUMENTS AND SIGNIFICANT TRANSACTIONS. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by a firm of certified public accountants and reviewed by management prior to filing. Form 990, Part VI, Section B, Line 12c FORM 990, PART VI, SECTION B, LINE 12C:CONFLICT OF INTEREST DISCLOSURE FORMS ARE COMPLETED BY ALL BOARD MEMBERS AND VOLUNTEERS ANNUALLY. COVERED PERSONS ARE MADE AWARE OF ANY CONFLICTS OF INTEREST AND MONITOR GIFT, GRANT AND VENDOR PAYABLES ACTIVITY THROUGHOUT THE YEAR FOR ANY RECEIPTS OR DISBURSEMENTS WHICH MAY CREATE CONFLICTS OF INTERESTS OR WOULD BE OTHERWISE PROHIBITED. IN CONDUCTING THE AFFAIRS OF THE ORGANIZATION, DUALITY OR CONFLICT OF INTEREST SHALL BE PRESUMED WHEN A PERSON TO WHOM THIS POLICY APPLIES OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY SERVES AS A TREASURER, OFFICER, STAFF MEMBER OR HOLDER OF MORE THAN TEN PERCENT OF CORPORATE STOCK OF AN AFFECTED ORGANIZATION OR FIRM, HAS A FORMAL AFFILIATION OR INTEREST IN AN AFFECTED ORGANIZATION OR FIRM, OR COULD EXPECT FINANCIAL GAIN OR LOSS FROM A PARTICULAR DECISION. BEFORE A BOARD OR VOLUNTEER COMMITTEE MEMBER BEGINS HIS OR HER SERVICE WITH THE FOUNDATION, HE/SHE SHALL FILE WITH THE CEO OF THE ORGANIZATION A LIST OF HIS OR HER PRINCIPAL BUSINESS ACTIVITIES, AS WELL AS INVOLVEMENT WITH OTHER CHARITABLE AND BUSINESS ORGANIZATIONS, VENDORS OR ANY OTHER AFFILIATIONS THAT MIGHT PRODUCE A CONFLICT OF INTEREST. THAT LIST WILL BE UPDATED ANNUALLY.IN ADDITION TO THE DISCLOSURE REQUIRED BY THE PREVIOUS PARAGRAPH, EACH MEMBER IS UNDER AN OBLIGATION TO THE ORGANIZATION, TO HIS OR HER FELLOW STAFF OR VOLUNTEERS, AND TO THE COMMUNITY SERVED BY THE ORGANIZATION TO INFORM THE ORGANIZATION OF ANY POSITION HE OR SHE HOLDS OR OF ANY BUSINESS OR A VOCATIONAL ACTIVITY THAT MAY RESULT IN A POSSIBLE CONFLICT OF INTEREST OR BIAS FOR OR AGAINST A PARTICULAR GRANTEE, ACTION OR POLICY, AT THE TIME SUCH GRANT, ACTION OR POLICY IS UNDER CONSIDERATION BY THE BOARD OR ANY VOLUNTEER COMMITTEE OF THE ORGANIZATION. ANY DUALITY OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER SHALL BE DISCLOSED TO THE CHAIR OF THE BOARD, IN THE CASE OF VOLUNTEERS, OR THE CEO, AND MADE A MATTER OF RECORD AS SOON AS THE ISSUE IN QUESTION IS RAISED AND A POSSIBLE CONFLICT IS KNOWN. WHEN THE BOARD OR COMMITTEE IS TO DECIDE UPON AN ISSUE ABOUT WHICH A MEMBER HAS AN UNAVOIDABLE CONFLICT OF INTEREST, THAT MEMBER SHALL PHYSICALLY ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION, UNLESS DIRECTLY REQUESTED BY THE CHAIR OF THE BOARD OR RELEVANT COMMITTEE TO PROVIDE FACTUAL INFORMATION OR ANSWER FACTUAL QUESTIONS THAT MAY ASSIST THE BOARD OR COMMITTEE IN MAKING A WISE DECISION. IN NO CASE SHALL THAT MEMBER VOTE ON SUCH MATTER OR ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION THEREWITH. DISCLOSURE AND ABSTENTION SHALL BE RECORDED IN THE MINUTES OF THE MEETINGS AT WHICH THE ISSUE IS DISCUSSED AND DECIDED. IN ANY SITUATION NOT SPECIFICALLY COVERED BY THE PREVIOUS SECTIONS OF THIS POLICY, MEMBERS SHALL CONSIDER CAREFULLY ANY POTENTIAL CONFLICT OF THEIR PERSONAL INTERESTS WITH THE INTERESTS OF THE ORGANIZATION AND REFRAIN FROM ANY ACTION THAT MIGHT BE PERCEIVED AS AN ACTUAL OR APPARENT CONFLICT OF INTEREST. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS & CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE BY WRITTEN REQUEST TO THE ORGANIZATION. THE AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE SACRAMENTO REGION COMMUNITY FOUNDATION'S WEBSITE. SACRAMENTO REGION COMMUNITY FOUND 955 UNIVERSITY AVENUE SUITE A SACRAMENTO CA 95825 COMMUNITY FOUNDATION CA 501(C) (3) LINE 8 NA false false true false false false false false false false false false false false true false false false false false SACRAMENTO REGION COMMUNITY FOUND b 5011158 FMV