Ronald Mcdonald House Charities Of The Central Valley Inc

Organization Overview

Ronald Mcdonald House Charities Of The Central Valley Inc is located in Madera, CA. The organization was established in 1997. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Ronald Mcdonald House Charities Of The Central Valley Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of The Central Valley Inc 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, Ronald Mcdonald House Charities Of The Central Valley Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 5.8% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF RONALD MCDONALD HOUSE CHARITIES IS TO CREATE, FIND AND SUPPORT PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN AND THEIR FAMILIIES. WE FULFILL OUR MISSION THROUGH OPERATION OF SUSTAINABLE PROGRAMS THAT ENABLE FAMILY-CENTERED CARE, BRIDGE ACCESS TO QUALITY HEALTH CARE, ARE A VITAL PART OF THE HEALTH CARE CONTINUUM AND STRENGTHEN FAMILIES DURING DIFFICULT TIMES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

*PROVIDED A HOME AWAY FROM HOME FOR FAMILIES OF CHILDREN BEING TREATED FOR SERIOUS INJURIES AND ILLNESSES AT VALLEY CHILDREN'S HOSPITAL.*FAMILIES COME FROM MORE THAN 9 CENTRAL CALIFORNIA COUNTIES, OFTEN MORE THAN 3 HOURS FROM HOME.*THE HOUSE PROVIDES THE FAMILIES A RESPITE FROM THE HOSPITAL SETTING AS WELL AS SUPPORT FOR THEIR EMOTIONAL AND PHYSICAL NEEDS.*THE HOUSE HAS 18 BEDROOMS, EACH WITH PRIVATE BATHROOMS, A KITCHEN WITH FULL FACILITIES, A LAUNDRY ROOM, PLAY ROOM, LIVING ROOM, OUTDOOR PLAY AREA, AND MORE. DURING THE YEAR APPROXIMATELY 45 FAMILIES WERE SERVED STAYING AT THE HOUSE FOR 34 DAYS OR MORE AT A TIME.*FAMILIES ARE CHARGED A NOMINAL FEE ($15 PER NIGHT) THAT IS WAIVED IF THE FAMILY CANNOT AFFORD IT. NONPERISHABLE FOOD IS PROVIDED FOR FAMILIES WHO NEED IT.*ALONG WITH AN AFFORDABLE ROOM AND THE CONVENIENCE OF BEING WITHIN WALKING DISTANCE FROM THE HOSPITAL, SERVICES AVAILABLE TO FAMILIES INCLUDE KITCHENS, LAUNDRY FACILITIES, CHILDREN'S PLAY AREA AND QUIET ROOMS.


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Board, Officers & Key Employees

Name (title)Compensation
Kent Karsevar
Executive Dir.
$127,751
Deanna Spellman
Vice President
$0
James Blade
Treasurer
$0
Sharan Dosanjh
Secretary
$0
Gina Cuttone
Past President
$0
Gabriel Waddell
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$113,004
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,035,947
Noncash contributions included in lines 1a–1f $28,894
Total Revenue from Contributions, Gifts, Grants & Similar$1,148,951
Total Program Service Revenue$39
Investment income $270,118
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $440,103
Net Income from Fundraising Events $296,645
Net Income from Gaming Activities $814,317
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,971,619

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Ronald Mcdonald House Charities Of The Central Valley Inc has recieved totaling $227,503.

Awarding OrganizationAmount
Ronald Mcdonald House Charities Inc

Chicago, IL

PURPOSE: See part IV - d

$155,111
Kids & Clay Foundation

Michigan City, IN

PURPOSE: DONATION

$38,693
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$33,699
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$565,655
Earnings$63,375
Ending Balance$629,030

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