2025-11-14T19:00:26-06:00 2024-12-31 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2024-01-01 842431277 PETALUMA RIVER PARK FOUNDATION INC PETA 7072771655 159 H STREET B PETALUMA CA 94952 SEAIR LORENTZ EXECUTIVE DIRECTOR 7072771655 2025-11-14 1 1 MAGA E KISRIEV P01008919 4089988400 2024 2025-03-06 01:10:19Z X SEAIR LORENTZ 159 H STREET B PETALUMA CA 94952 4071125 0 X WWW.PETALUMARIVERPARK.ORG X 2019 CA TO MEET OUR VITAL NEED FOR SHARED SPACE THAT CONNECTS PEOPLE, ART, AND NATURE. 11 10 9 11 0 0 8490736 3307719 0 702613 170389 60793 0 0 8661125 4071125 0 0 0 0 381029 639591 3625 0 298690 640893 887906 1025547 1527497 7635578 2543628 10061394 12597362 146007 138347 9915387 12459015 X THE MISSION OF THE PETALUMA RIVER PARK FOUNDATION IS TO MEET OUR VITAL NEED FOR SHARED SPACE THAT CONNECTS PEOPLE, ART, AND NATURE. WE ENVISION A VIBRANT, WELCOMING PARK THAT FOSTERS A LOVE FOR NATURE, SPARKS CREATIVITY, AND UNIFIES OUR COMMUNITY FOR GENERATIONS TO COME. 0 0 708994 0 702613 IN 2024, THE PETALUMA RIVER PARK FOUNDATION MADE MAJOR STRIDES TOWARD REALIZING ITS VISION OF A 35-ACRE URBAN PARK THAT PROMOTES EQUITY, ECOLOGICAL RESILIENCE, AND COMMUNITY HEALTH. WITH SUPPORT FROM DONORS AND PUBLIC AGENCIES, THE FOUNDATION ACQUIRED THE PIVOTAL 500 HOPPER STREET PROPERTY, EXPANDING THE PARK'S FOOTPRINT AND ENABLING GREATER ACCESS BETWEEN EAST AND WEST PETALUMA (OPEN FOR GUIDED TOURS). OVER 1,200 RESIDENTS PARTICIPATED IN A COMMUNITY-LED CONCEPT PLANNING PROCESS, INCLUDING AN INNOVATIVE COMMUNITY PARK DESIGNERS PROGRAM AND ARTIST-LED WORKSHOPS THAT ELEVATED MARGINALIZED VOICES. THE FOUNDATION MAINTAINED THE PARK, CONTINUED PUBLIC PROGRAMMING, COMPLETED CRITICAL INFRASTRUCTURE IMPROVEMENTS SUCH AS A SHADED GATHERING AREA, AND LAUNCHED ITS STRATEGIC CAPITAL CAMPAIGN PLANNING. STRONG PARTNERSHIPS WERE CULTIVATED WITH THE CITY OF PETALUMA, PUBLIC AGENCIES, AND REGIONAL NONPROFITS, REINFORCING THE FOUNDATION'S ROLE AS A LEADER IN INCLUSIVE, NATURE-BASED PLACEMAKING. 708994 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X SEAIR LORENTZ 7072771655 101 H STREET SUITE B PETALUMA CA 94952 DAVID DUSKIN PRESIDENT/CHAIR 10.00 X X 0 0 0 DEBORAH SMITH VICE CHAIR 5.00 X X 0 0 0 JORGE SERVIN TREASURER 1.00 X X 0 0 0 SEAN PAUL LORENTZ SECRETARY 5.00 X X 0 0 0 ANA CORDOVA BELIK BOARD MEMBER 2.00 X 0 0 0 ELIZA HOOSHIAR BOARD MEMBER 1.00 X 0 0 0 RAY FORT BOARD MEMBER 1.00 X 0 0 0 STEPHANIE BLAKE BOARD MEMBER 1.00 X 0 0 0 SUSAN ROCKRISE BOARD MEMBER 1.00 X 0 0 0 NED FOLEY BOARD MEMBER 1.00 X 0 0 0 TATIANA MORA-LIAUTAUD BOARD MEMBER 1.00 X 0 0 0 SEAIR LORENTZ EXECUTIVE DIRECTOR 40.00 X 172557 0 15782 MARGE LIMBERT DEVELOPMENT DIRECTOR 40.00 X 134550 0 0 307107 0 15782 2 0 1 0 0 6000 3301719 15803 3307719 CONTRACT REVENUE 900099 702613 702613 702613 60793 60793 4071125 702613 0 60793 X 322889 97266 106305 119318 222583 67050 73281 82252 50840 15315 16738 18787 43279 13037 14249 15993 4037 2917 875 245 67504 48778 14627 4099 380826 275183 82521 23122 102664 70426 3218 29020 24550 7666 14960 1924 23749 6969 12924 3856 152474 10082 142392 17690 8337 9279 74 4497 4497 10188 1679 8509 REPAIRS AND MAINTENANCE 99727 79792 19935 1527497 708994 519813 298690 221132 327478 8066274 535729 10000 614600 105915 533929 17234 143383 10387505 4497 1540839 10383008 100000 59235 10061394 12597362 146007 126035 0 12312 146007 138347 X 1898232 11844956 8017155 614059 9915387 12459015 10061394 12597362 2543628 0 X 0 1 X 1 0 X 703966 647910 754418 8490736 3307719 13904749 703966 647910 754418 8490736 3307719 13904749 11559843 2344906 4 170389 60793 231186 14135935 702613 0.16590 X REG. SEC. 1.170A-9(F)(3)(II)PETALUMA RIVER PARK FOUNDATION IS AN ORGANIZATION THAT MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY. DURING 2024, THE FOUNDATION EXPENDED $298,690, OR 19.55% OF TOTAL FUNCTIONAL EXPENSES, ON FUNDRAISING ACTIVITIES. REG. SEC. 1.170A-9(F)(3)(III)(A)AS OF THE TAX YEAR END, THE FOUNDATION RECEIVED 16.59% OF TOTAL FINANCIAL SUPPORT FROM THE PUBLIC, 6.59% ABOVE THE REQUIREMENT OF REG. SEC. 1.1790A-9(F)(3)(I). REG. SEC. 1.170A-9(F)(3)(III)(B)THE FOUNDATION RECEIVES SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS TO FUND PROGRAMS TO CREATE AN INCLUSIVE AND ACCESSIBLE OUTDOOR PLACE THAT ENRICHES THE LIVES OF ALL RESIDENTS AND VISITORS TO PETALUMA. REG. SEC. 1.170A-9(F)(3)(III)(C)INDIVIDUALS WHO SERVE ON THE GOVERNING BODY OF THE FOUNDATION ARE FROM A VARIETY OF BACKGROUNDS SPANNING A WIDE RANGE OF INDUSTRY SECTORS. THE BOARD INCLUDES REPRESENTATIVES FROM NONPROFIT ORGANIZATIONS, ART, EDUCATION AND COMMUNITY ENGAGEMENT, PUBLIC HEALTH, PARKS AND RECREATION AND BUSINESSES.REG. SEC. 1.170A-9(F)(3)(III)(D)WITH FUNDING FROM MORE THAN 400 INDIVIDUALS AND ORGANIZATIONS, THE FOUNDATION WAS ABLE TO PURCHASE A RARE, UNDEVELOPED PIECE OF LAND ON THE PETALUMA WATERFRONT IN LATE 2020. TO CREATE A PARK FOR ALL MEMBERS OF THE COMMUNITY TO GATHER, TO ENJOY, AND TO LEARN ABOUT EACH OTHER, ART, NATURE AND MORE. IN 2024, THE FOUNDATION ACQUIRED THE PIVOTAL 500 HOPPER STREET PROPERTY, EXPANDING THE PARK'S FOOTPRINT AND ENABLING GREATER ACCESS BETWEEN EAST AND WEST PETALUMA (OPEN FOR GUIDED TOURS). OVER 1,200 RESIDENTS PARTICIPATED IN A COMMUNITY-LED CONCEPT PLANNING PROCESS, INCLUDING AN INNOVATIVE COMMUNITY PARK DESIGNERS PROGRAM AND ARTIST-LED WORKSHOPS THAT ELEVATED MARGINALIZED VOICES. THE FOUNDATION MAINTAINED THE PARK, CONTINUED PUBLIC PROGRAMMING, COMPLETED CRITICAL INFRASTRUCTURE IMPROVEMENTS SUCH AS A SHADED GATHERING AREA. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9295029 9295029 1077486 1077486 14990 4497 10493 10383008 OPERATING LEASE LIABILITIES 12312 12312 4133106 61981 61981 4071125 0 4071125 1589478 61981 61981 1527497 0 1527497 FORM 990, PART X THE FOUNDATION IS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA REVENUE AND TAXATION CODE. AS OF DECEMBER 31, 2024, THE FOUNDATION HAD NO UNRECOGNIZED TAX POSITIONS OR UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2024, THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS AND HAS CONCLUDED NO RESERVE FOR UNCERTAIN TAX POSITIONS IS REQUIRED. X X 0 0 0 0 0 0 0 0 0 SEAIR LORENTZ EXECUTIVE DIRECTOR 172557 0 0 0 0 0 0 0 15782 0 188339 0 0 0 X LEGAL REPRESENTATION 1 35153 X SIMPLY SOLAR 1 12664 X FINANCE SUPPORT 1 7500 0 0 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE AMOUNT OF CONTRIBUTIONS MADE. FORM 990, PART VI, SECTION A, LINE 2 SEAN PAUL LORENTZ AND SEAIR LORENTZ HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWED FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS AND STAFF ARE REQUIRED TO REVIEW THE POLICY ANNUALLY WITH CONFIRMATION BY SIGNATURE. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAD AN AD HOC SUBCOMMITTEE OF THE BOARD CONSISTING OF VICE CHAIR, THE CHAIR OF THE FINANCE COMMITTEE AND ANOTHER BOARD MEMBER REVIEW COMPARATIVE SALARY DATA TO DETERMINE MARKET RATE FOR THE EXECUTIVE DIRECTOR POSITION AS PART OF THE ANNUAL REVIEW. THE COMMITTEE USED THE NORCAL SALARY SURVEY TO COMPARE A MULTITUDE OF ORGANIZATIONS BY SIZE, MISSION, LOCATION, AND ETC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 275,183. MANAGEMENT AND GENERAL EXPENSES 82,521. FUNDRAISING EXPENSES 23,122. TOTAL EXPENSES 380,826.