Riverside County Board Of Education Service Center Building Corporation

Organization Overview

Riverside County Board Of Education Service Center Building Corporation is located in Riverside, CA. Riverside County Board Of Education Service Center Building Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RENDER ASSISTANCE TO RIVERSIDE COUNTY OFFICE OF EDUCATION (RCOE) BY ACQUIRING LAND AND PROVIDING FOR THE CONSTRUCTION OF ADMINISTRATIVE AND RELATED FACILITIES FOR USE BY RCOE. THE CORPORATION PROVIDES FOR THE CONSTRUCTION THROUGH BONDED INDEBTEDNESS FINANCING AND SUBLEASES THE PROPERTIES BACK TO RCOE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ACHEIVE ITS PURPOSE, THE CORPORATION HAS ENTERED INTO CERTAIN AGREEMENTS TO LEASE REAL PROPERTY TO THE RIVERSIDE COUNTY OFFICE OF EDUCATION. THE CORPORATION PROVIDES FOR THE CONSTRUCTION OF BUILDINGS, FINANCED THROUGH THE ISSUANCE OF BONDED INDEBTEDNESS, AND SUBLEASES THE PROPERTIES BACK TO THE RIVERSIDE COUNTY OFFICE OF EDUCATION THROUGH LEASE/PURCHASE AGREEMENTS. THE RENTAL PROCEEDS FROM THE SUBLEASE ARE USED TO PAY PRINCIPAL AND INTEREST ON THE BONDED INDEBTEDNESS. CURRENTLY THERE IS NO ACTIVITY, NOR BONDS IN PLACE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Mr Tom Johnson
Vice President
$0
Mr William Spires
President
$0
Mr Rollin Edmunds
Secretary
$0
Mr Henry Kotzen
Member
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
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 $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $0

Create an account to unlock the data you need.

or