Nonprofit · EIN 68-0370358
GEORGE AND LENA VALENTE FOUNDATION
Tax-exempt · EL MACERO, CA 95618
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2024 | 990-PF | $353,610 | $711,592 | -$357,982 | $9,293,501 | $7,175 | $9,286,326 |
| September 30, 2023 | 990-PF | $238,012 | $611,796 | -$373,784 | $9,646,279 | $1,971 | $9,644,308 |
Financial details: 990-PF for the year ended September 30, 2024
Revenue
- Dividends
- $288,279
- Interest
- $965
- Net gain from sales of assets
- $59,602
- Other income
- $4,764
Expenses
- Grants and similar amounts paid
- $603,500
- Compensation of officers, directors and key employees
- $2,500
- Disbursements for charitable purposes
- $603,500
- Excise tax on investment income
- $4,915
Balance sheet and other
- Total assets, start of year
- $9,646,279
- Total assets, end of year
- $9,293,501
- Total liabilities, end of year
- $7,175
- Net assets, end of year
- $9,286,326
- Fair market value of assets
- $11,888,767
- Qualifying distributions
- $603,500
- Net investment income
- $353,610
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended September 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JARED MONEZ 10136 WILD ORCHID WAY, ELK GROVE, CA 95757 | BOARD MEMBER | 0.15 | $500 |
| DRAKE VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | BOARD MEMBER | 0.15 | $500 |
| GENE HUME 4080 SEAPORT BLVD, W SACRAMENTO, CA 95691 | TREASURER | 0.15 | $500 |
| THERESA PEPIN 4076 MEDFORD COURT, MARTINEZ, CA 94533 | BOARD MEMBER | 0.15 | $500 |
| DENISE ROSE 43403 ALMOND LANE, DAVIS, CA 95618 | BOARD MEMBER | 0.15 | $500 |
| LINDA L VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | PRESIDENT | 2 | $0 |
| KEITH VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | VICE PRESIDENT/SECRETARY | 5 | $0 |
| LINDA L VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | PRESIDENT Highest-paid employee | 2 | $0 |
| KEITH VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | VICE PRESIDENT Highest-paid employee | 4 | $0 |
990-PF for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JARED MONEZ 10136 WILD ORCHID WAY, ELK GROVE, CA 95757 | BOARD MEMBER | 0.15 | $500 |
| DRAKE VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | BOARD MEMBER | 0.15 | $500 |
| GENE HUME 4080 SEAPORT BLVD, W SACRAMENTO, CA 95691 | TREASURER | 0.15 | $500 |
| THERESA PEPIN 4076 MEDFORD COURT, MARTINEZ, CA 94533 | BOARD MEMBER | 0.15 | $500 |
| DENISE ROSE 43403 ALMOND LANE, DAVIS, CA 95618 | BOARD MEMBER | 0.15 | $500 |
| LINDA L VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | PRESIDENT | 2 | $0 |
| KEITH VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | VICE PRESIDENT/SECRETARY | 5 | $0 |
| LINDA L VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | PRESIDENT Highest-paid employee | 2 | $0 |
| KEITH VOLKERTS 44815 N EL MACERO DR, EL MACERO, CA 95618 | VICE PRESIDENT Highest-paid employee | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 44815 N EL MACERO DR, EL MACERO, CA 95618-1068
- In care of
- % GEORGE VALENTE
- Signed the 990-PF
- LINDA VOLKERTS, PRESIDENT
- Phone
- (916) 832-9177
- Website
- WWW.VALENTEFOUNDATION.ORG
- Return prepared by
- HUME & COMPANY INC CPA'S
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0370358 or by the name GEORGE AND LENA VALENTE FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 68-0370358
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A99Z)
- Assets (IRS master file)
- $9,293,501
- Income (IRS master file)
- $353,610
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2024 | $353,610 | $711,592 | $9,293,501 | XML |
| 990-PF | September 2023 | $238,012 | $611,796 | $9,646,279 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 68-0370358).
Questions about GEORGE AND LENA VALENTE FOUNDATION
- What is the EIN of GEORGE AND LENA VALENTE FOUNDATION?
- The employer identification number (EIN) of GEORGE AND LENA VALENTE FOUNDATION is 68-0370358.
- Is GEORGE AND LENA VALENTE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to GEORGE AND LENA VALENTE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GEORGE AND LENA VALENTE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GEORGE AND LENA VALENTE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEORGE AND LENA VALENTE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2024.
- Who are the officers and directors of GEORGE AND LENA VALENTE FOUNDATION?
- The 990-PF for the year ended September 30, 2024 lists 9 people; 5 received compensation from the organization, the highest $500 (JARED MONEZ, BOARD MEMBER).
- How much revenue does GEORGE AND LENA VALENTE FOUNDATION have?
- On its 990-PF for the year ended September 30, 2024 it reported revenue of $353,610, expenses of $711,592 and total assets of $9,293,501 at year end.
Other nonprofits in EL MACERO
- EL MACERO COUNTRY CLUB INC EIN 94-1632491 · last filed 990 for 2026
- RAHIM FAMILY FOUNDATION EIN 77-0544965 · last filed 990-PF for 2025
- EARTHQUAKE PREDICTION RESEARCH EIN 77-0424606 · last filed 990-N for 2025
All nonprofits in EL MACERO · California · Arts, culture and humanities