Beaumont-Cherry Valley Recreation And Park Improvement Corporation
- Assets
- $764.9k
- Revenue
- $78.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Beaumont, CA
- Founding
- 10/1996
- Data as of
- 06/2022
- EIN
- 33-0588531
Organization Overview
Beaumont-Cherry Valley Recreation And Park Improvement Corporation is located in Beaumont, CA. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaumont-Cherry Valley Recreation And Park Improvement Corporation 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 06/2022, Beaumont-Cherry Valley Recreation And Park Improvement Corporation generated $78.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $7.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BEAUMONT-CHERRY VALLEY RECREATION AND PARK IMPROVEMENT CORPORATION MISSION IS TO PROMOTE THE KNOWLEDGE OF THE GENERAL PUBLIC CONCERNING PROGRAMS SPONSORED BY THE BEAUMONT-CHERRY VALLEY RECREATION AND PARK DISTRICT. THE CORPORATION ALSO RECEIVES, INVEST AND UTILIZE FUNDS AND PROPERTY ACQUIRED THROUGH THE SOLICITATION OF CONTRIBUTIONS, GRANTS, GIFTS AND BEQUESTS FOR PURPOSES OUTLINED IN THE CORPORATION'S BY-LAWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ACCORDANCE WITH THE BEAUMONT-CHERRY VALLEY RECREATION AND PARK IMPROVEMENT CORPORATION'S MISSION, THE ORGANIZATION PROVIDED SUPPORT TO THE BEAUMONT-CHERRY VALLEY RECREATION AND PARK DISTRICT THE PARK FOR CAPITAL IMPROVEMENTS AND VITAL REPAIRS AND MAINTENANCE. THIS BENEFITS THE GENERAL PUBLIC WITHIN THE PARK'S REGION WHO UTILIZE THE PARK'S FACILITIES AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duane Burk Director | Officer | 8 | $0 |
Armando DE La Cruz Director | Trustee | 0 | $0 |
Dan Hughes Chairman | Officer | 8 | $0 |
Chris Diercks Treasurer | Officer | 1 | $0 |
John Flores Secretary | Officer | 3 | $0 |
Denise Ward Director | Trustee | 0 | $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 | $5,695 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,695 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $54,784 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,844,162 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $350 |
| 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 | $6,138 |
| 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 | $7,932,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,728 |
| 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 | $191,170 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $490,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $764,898 |
| Accounts payable and accrued expenses | $2,756 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| 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 | $12,756 |
| Net assets without donor restrictions | $752,142 |
| Net assets with donor restrictions | $0 |
| 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 | $764,898 |
Grants Awarded
Over the last fiscal year, Beaumont-Cherry Valley Recreation And Park Improvement Corporation has awarded $7,844,162 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BCV REC & PARK DISTRICT PURPOSE: Donation of land for park | $7,835,000 |
BCV REC & PARK DISTRICT PURPOSE: program support | $9,162 |