Beaumont Unified School District Public Facilities Corporation

Organization Overview

Beaumont Unified School District Public Facilities Corporation is located in Beaumont, CA. The organization was established in 1991. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaumont Unified School District Public Facilities 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.

For the year ending 06/2022, Beaumont Unified School District Public Facilities Corporation generated $19.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 66.7% each year . All expenses for the organization totaled $10.9m during the year ending 06/2022. While expenses have increased by 53.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST THE BEAUMONT UNIFIED SCHOOL DISTRICT IN THE ACQUISITION OF EDUCATIONAL FACILITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ASSISTS THE BEAUMONT UNIFIED SCHOOL DISTRICT IN THE ACQUISITION, CONSTRUCTION AND FINANCING OF EDUCATIONAL FACILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Steven Hovey
President
$0
Janelle Poulter
Clerk
$0
David Sanchez
Vice President
$0
Susan Lara
Member
$0
Shawn D Mitchell
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$16,245,120
Investment income $3,221,439
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 $19,466,559

Peer Organizations

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