North Valley Community Foundation
- Assets
- $60.8m
- Revenue
- $16.0m
- Investments
- $1.0m
- Employees
- 46
- Location
- Chico, CA
- Founding
- 04/1994
- Data as of
- 06/2022
- EIN
- 68-0161455
Organization Overview
North Valley Community Foundation is located in Chico, CA. The organization was established in 1994. 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. As of 06/2022, North Valley Community Foundation employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Valley Community 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 06/2022, North Valley Community Foundation generated $16.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $17.7m during the year ending 06/2022. While expenses have increased by 31.6% per year over the past 5 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.
Since 2019, North Valley Community Foundation has awarded 833 individual grants totaling $69,237,498. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FUEL HEALING AND COMPASSION FOR A BETTER WORLD.
Describe the Organization's Program Activity:
DISASTER RELIEF AND RECOVERY HAS BECOME A MAJOR PART OF OUR FOUNDATION OPERATIONS AS A RESULT OF THE 2019 CAMP FIRE, OTHER LOCAL WILDFIRES, THE COVID-19 PANDEMIC, AND DROUGHTS IN THE AREA. ASSISTANCE THROUGH GRANTS TO MULTIPLE NONPROFIT AND GOVERNMENT ORGANIZATIONS AS WELL AS PROGRAMS RELATED TO DISASTER RECOVERY HAVE BEEN PROVIDED AS A RESULT OF MILLIONS OF DOLLARS OF DONATIONS TO THE FOUNDATION.
AS A COMMUNITY FOUNDATION, OUR CHARITABLE PROGRAM CONSISTS OF FOSTERING DONATIONS AND ADMINISTERING GRANTS FOR PUBLIC GOOD THROUGH VARIOUS CLIENT FUNDS THAT ALSO PROVIDE A VARIETY OF COMMUNITY SERVICES WITH THE HELP OF NUMEROUS VOLUNTEERS.
THRIVE IS AN INITIATIVE LED BY NVCF AND FOCUSED ON EMOTIONAL HEALING FOR CHILDREN, FAMILIES AND INDIVIDUALS AFTER THE CAMP FIRE AND OTHER LOCAL CRISES. THRIVE BRINGS TOGETHER A COLLABORATION OF PEOPLE, ORGANIZATIONS, AND AGENCIES COMMITTED TO ENGAGING IN WORK SURROUNDING THE IMPACT OF CHILDHOOD TRAUMA ACROSS ALL GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexa Benson-Valavanis President & CEO | OfficerTrustee | 40 | $175,153 |
Chris Hayashida-Knight VP Operations (thru 04/22) | Officer | 40 | $113,594 |
Jovanni Tricerri VP Of Reg. Recovery & Partnerships | Officer | 40 | $89,350 |
Karsen Bradley Chief Financial Officer | Officer | 40 | $83,848 |
David Little Executive Vp, Communications | Officer | 40 | $96,399 |
Logan Todd VP Operations (as Of 04/22) | Officer | 40 | $84,993 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bambauer Towing Service Contractor For Glenn County Dought Relie | 6/29/22 | $114,949 |
Glenn County Farm Supply Inc Supplier For Glenn County Drought Relief | 6/29/22 | $177,991 |
Brian Callahan Contractor For Glenn County Dought Relie | 6/29/22 | $121,092 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,601 |
| Related organizations | $0 |
| Government grants | $41,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,310,655 |
| Noncash contributions included in lines 1a–1f | $59,831 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,377,456 |
| Total Program Service Revenue | $581,226 |
| Investment income | $732,325 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,777 |
| Net Gain/Loss on Asset Sales | $889,666 |
| Net Income from Fundraising Events | $19,552 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,028,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,530,641 |
| Grants and other assistance to domestic individuals. | $131,425 |
| Grants and other assistance to Foreign Orgs/Individuals | $102,546 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $735,635 |
| Compensation of current officers, directors, key employees. | $295,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,021,161 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $117,130 |
| Payroll taxes | $131,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $61,648 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,574 |
| Fees for services: Other | $66,380 |
| Advertising and promotion | $1,358 |
| Office expenses | $37,459 |
| Information technology | $95,633 |
| Royalties | $0 |
| Occupancy | $175,347 |
| 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 | $51,344 |
| Insurance | $29,216 |
| All other expenses | $36,850 |
| Total functional expenses | $17,694,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $441,209 |
| Savings and temporary cash investments | $4,785,515 |
| Pledges and grants receivable | $3,492,834 |
| Accounts receivable, net | $801 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $353,697 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,898,275 |
| Investments—publicly traded securities | $43,710,421 |
| Investments—other securities | $1,045,889 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,359 |
| Total assets | $60,759,000 |
| Accounts payable and accrued expenses | $8,207 |
| Grants payable | $3,357,194 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,017,244 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $381,083 |
| Other liabilities | $0 |
| Total liabilities | $4,763,728 |
| Net assets without donor restrictions | $51,791,663 |
| Net assets with donor restrictions | $4,203,609 |
| 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 | $60,759,000 |
Grants Awarded
Over the last fiscal year, North Valley Community Foundation has awarded $12,512,938 in support to 157 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVE CHARTER SCHOOL OF PARADISE INC PURPOSE: DISASTER RELIEF | $50,000 |
ALL HANDS AND HEARTS SMART RESPONSE INC PURPOSE: DISASTER RELIEF | $47,478 |
AMVETS VETERANS SERVICES PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: DISASTER RELIEF | $10,000 |
BEND HEROES FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |
BERRY CREEK COMMUNITY COUNCIL PURPOSE: GENERAL SUPPORT | $10,000 |