Golden Valley Bank Communityfoundation
- Assets
- $1.7m
- Revenue
- $352.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chico, CA
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-8398003
Organization Overview
Golden Valley Bank Communityfoundation is located in Chico, CA. The organization was established in 2007. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Valley Bank Communityfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Golden Valley Bank Communityfoundation generated $352.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $584.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Golden Valley Bank Communityfoundation has awarded 120 individual grants totaling $13,421,609. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A CATALYST AND PARTNER IN FINDING INNOVATIVE AND WORKABLE SOLUTIONS TO COMMUNITY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPORT TO PV DUGOUT CLUB.
PROVIDED SUPPORT TO VARIOUS COMMUNITY PROGRAMS IN THE AREAS OF FINANCIAL LITERACY, THE ENVIROMENT, HEALTH, HUMAN, AND FAMILY SERVICES, AND BEST PRACTICES FOR SMALL NONPROFIT ORGANIZATIONS
PROVIDED SUPPORT FOR CAMP FIRE VICTIMS.
PROVIDED SUPPORT TO GOOD GUYS YOUTH SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracie Cvitkovich Director | Trustee | $0 | |
Jolene Francis Director | Trustee | $0 | |
Mark Francis Director/cha | OfficerTrustee | $0 | |
Sierra Grossman Director | Trustee | $0 | |
Doug Guillon Director/vic | OfficerTrustee | $0 | |
Laurie Kee Director/sec | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $256,443 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,443 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $96,142 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $352,585 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $560,421 |
| Grants and other assistance to domestic individuals. | $19,973 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $584,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,740,680 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,740,680 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $49,314 |
| Net assets with donor restrictions | $1,691,366 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,740,680 |
Grants Awarded
Over the last fiscal year, Golden Valley Bank Communityfoundation has awarded $560,421 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
LESS THAN OR EQUAL TO 5000 PURPOSE: COMMUNITY PROGRAMS | $88,223 |
ENLOE FOUNDATION PURPOSE: COMMUNITY PROGRAMS | $20,200 |
CAMP FIRE LONG TERM RECOVERY GROUP PURPOSE: CAMP FIRE RELIEF | $196,250 |
HABITAT FOR HUMANITY BUTTE COUNTY PURPOSE: CAMP FIRE RELIEF | $10,000 |
BOYS AND GIRLS CLUB OF NORTH VALLEY PURPOSE: CAMP FIRE RELIEF | $22,500 |
BIDWELL PARK JUNIOR GOLF ASSOCIATIO PURPOSE: COMMUNITY PROGRAM | $5,500 |