Riverside Medical Clinic Foundation
- Assets
- $3.5m
- Revenue
- $492.3k
- Investments
- $3.5m
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 33-0099694
Organization Overview
Riverside Medical Clinic Foundation is located in Riverside, CA. The organization was established in 1984. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Medical Clinic Foundation 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 12/2021, Riverside Medical Clinic Foundation generated $492.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $140.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION GRANTS FUNDS TO COMMUNITY ORGANIZATIONS SUPPORTING HEALTH EDUCATION.
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) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Marlatt President | 1 | $0 | |
Sue Kinsinger Treasurer | 1 | $0 | |
Ruthan Smith Member | 1 | $0 | |
Debra A Church Secretary | 1 | $0 | |
Craig Marshall Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $53,723 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $438,596 |
| Capital Gain Net Income | $438,596 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $492,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,843 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $56 |
| Printing and publications | $0 |
| Other expenses | $7,365 |
| Total operating and administrative expenses | $15,839 |
| Contributions, gifts, grants paid | $125,000 |
| Total expenses and disbursements | $140,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,591 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,481,242 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,507,833 |
| Accounts payable and accrued expenses | $3,388 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,388 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adelante Healthcare Inc Phoenix, AZ | $30,570,108 | $94,163,630 |
North County Health Project Inc San Marcos, CA | $91,069,576 | $82,698,424 |
Vista Community Clinic Vista, CA | $78,343,860 | $83,583,458 |
Open Door Community Health Centers Arcata, CA | $94,423,244 | $86,969,181 |
Santa Rosa Community Health Centers Santa Rosa, CA | $79,550,438 | $79,876,761 |
Virginia Garcia Memorial Health Center Aloha, OR | $86,078,591 | $92,633,817 |
Sac Health System San Bernardino, CA | $20,750,511 | $69,943,208 |
Venice Family Clinic Venice, CA | $54,664,856 | $63,197,330 |
La Maestra Family Clinic Inc San Diego, CA | $65,241,865 | $69,000,142 |
Elica Health Centers Sacramento, CA | $40,626,055 | $61,107,856 |
Camarena Health Madera, CA | $73,076,001 | $64,225,960 |
Shasta Community Health Center Redding, CA | $61,601,286 | $42,147,911 |