Parkview Legacy Foundation
- Assets
- $13.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Riverside, CA
- Founding
- 03/1979
- Data as of
- 07/2023
- EIN
- 95-3290732
Organization Overview
Parkview Legacy Foundation is located in Riverside, CA. The organization was established in 1979. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 07/2023, Parkview Legacy Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkview Legacy 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 07/2023, Parkview Legacy Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $607.8k during the year ending 07/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE IN THE SOLICITATION AND RECEIPT OF DONATIONS, BOTH CASH AND IN-KIND FOR THE BENEFIT AND NECESSARY SUPPORT OF PARKIEW COMMUNITY HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE MOVING FORWARD WITH PLANNING AND HOUSING SOLUTIONS DEVELOPMENT WORK ALONG SEVERAL LINES INCLUDING LAND TRUSTS, ACCESSORY DWELLING UNITS (ADU'S), HOUSING TRUST, NEIGHBORHOOD INVESTMENT TRUSTS, HOUSING AS HEALTHCARE. PART OF THIS IS TAKING PLACE WITH A CROSS-SECTOR GROUP THAT WE LEAD AND HELPED FORM WITH THE CENTER FOR COMMUNITY INVESTMENT. WE ARE WORKING WITH THIS GROUP ON A PLAN TO ENSURE 30% OF RIVERSIDE'S AFFORDABLE HOUSING NEEDS AT 30% OF LOW- TO MODERATE INCOME LEVELS BY 2030 - WE CALL THIS DEVELOPING PLAN 30/30/30. THIS WORK CONTINUES AND IS CURRENTLY TAKING THE SHAPE OF PRODUCING A LOCALIZED TOOLKIT THAT WILL MAKE THE PRODUCTION OF ADU'S WITH OPTIONS FOR WELLNESS SUPPORTS AND THE INTEGRATION OF LAND TRUSTS MORE ACCESSIBLE. STRONG PROGRESS CONTINUES ON THE ADU TOOLKIT AND WORK IS MOVING FORWARD IN THE ESTABLISHMENT OF A WESTERN REGION PIPELINE OF HOUSING PROJECTS. THIS WORK IS INTENDED TO INTEGRATE INNOVATIVE SOLUTIONS INTO A COMPREHENSIVE MODEL THAT CAN BE INCLUDED IN CITY AND COUNTY PLANS, IMPLEMENTED THROUGHOUT OUR REGION, SCALED, AND DUPLICATED ELSEWHERE. PARKVIEW LEGACY FOUNDATION SERVES AS THE CHAIR OF THE BOARD FOR THE INLAND SOCAL HOUSING COLLECTIVE. WE HAVE HELPED FACILITATE FUNDING FOR 2 YEAR'S WORTH OF OPERATIONS FOR THAT ORGANIZATION AND GETTING IT FULLY ESTABLISHED AS AN INDEPENDENT NON-PROFIT ORGANIZATION. WE HAVE ALSO HELPED FACILITATE A LEGISLATIVE TRACKING MECHANISM ON HOUSING RELATED LEGISLATION THROUGH ITS EDUCATE AND ADVOCATE COMMITTEE AND HELPED FACILITATE WORKSHOPS ON EVICTION AND FORECLOSURE PREVENTION FOR OUR MOST VULNERABLE RESIDENTS.
INTEGRATED SOLUTIONS FOR YOUTH RECOVERY AND RESILIENCY IS UNDERWAY-WE HAVE TRAINED OVER 170 INDIVIDUALS. (OUT OF 110)-WE HAVE PROVIDED 67 PEOPLE WITH CERTIFICATIONS (OUT OF 110)-THE FAMILY RESOURCE SPECIALIST FOR BBBS HAS BEEN HIRED AND IS CURRENTLY PROVIDING SUPPORT TO 87 FAMILIES IN THIS PROJECT. -OVER 13 INDIVIDUALS HAVE RECEIVED FREE PSYCHOLOGICAL COUNSELING. -WORKSHOPS HAVE BEEN PROVIDED AT THE NATIONAL INNOVATIVE COMMUNITIES, BBBS NATIONAL CONFERENCES, AND GROWING INLAND ACHIEVEMENT'S TOWARD A SHARED VISION CONFERENCE.
WE HAVE HELPED SECURE OVER 3 MILLION IN FUNDING FOR AN IMPORTANT NPHS HOUSING PROJECT AND $750,000.00 IN ADDITIONAL FUNDING FOR OUR INTEGRATED SOLUTIONS FOR COMMUNITY STABILITY THROUGH HOUSING THAT WILL BE IMPLEMENTED AS PART OF OUR SOCIAL MOBILITY EFFORTS IN FUTURE YEARS.
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 |
|---|---|---|---|
Matthew Stowe Chair Until January 2023 | OfficerTrustee | 1 | $0 |
Justin Gilbert Secretary | OfficerTrustee | 1 | $0 |
Shawn Washington CPA Treasurer | OfficerTrustee | 2 | $0 |
Dwight Tate At Large Exec Committee | OfficerTrustee | 1 | $0 |
Dayne Brassard Member | Trustee | 1 | $0 |
Judy Carpenter Member Until January 2023 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,894 |
| Related organizations | $0 |
| Government grants | $205,728 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,225,427 |
| Total Program Service Revenue | $0 |
| Investment income | $51,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$190,306 |
| Net Income from Fundraising Events | -$13,469 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,073,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $103,047 |
| 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. | $149,582 |
| Compensation of current officers, directors, key employees. | $34,496 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,238 |
| Pension plan accruals and contributions | $16,705 |
| Other employee benefits | $20,375 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,476 |
| Fees for services: Other | $19,757 |
| Advertising and promotion | $1,200 |
| Office expenses | $3,074 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,129 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,309 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,125 |
| Insurance | $4,838 |
| All other expenses | $14,794 |
| Total functional expenses | $607,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,122,780 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,945,880 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,214 |
| Net Land, buildings, and equipment | $1,341 |
| Investments—publicly traded securities | $5,539,428 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,610,643 |
| Accounts payable and accrued expenses | $86,942 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $86,942 |
| Net assets without donor restrictions | $13,523,701 |
| 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 | $13,610,643 |
Grants Awarded
Over the last fiscal year, Parkview Legacy Foundation has awarded $103,047 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
INLAND EQUITY COMMUNITY LAND TRUST PURPOSE: CONSULTANCY ON 30-30-30 PROJECT TO HELP ENSURE 30% OF THE AFFORDABLE HOUSING NEEDED (AT 30% OF INCOME) IS BUILT IN RIVERSIDE BY 2030 | $40,000 |
NEIGHBORHOOD PARTNERSHIP HOUSING SERVICES INC PURPOSE: CONSULTANCY THROUGH THE INLAND SOCAL HOUSING COLLECTIVE ON 30-30-30 PROJECT TO HELP ENSURE 30% OF THE AFFORDABLE HOUSING NEEDED (AT 30% OF INCOME) IS BUILT IN RIVERSIDE BY 2030 | $25,573 |
BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE INLAND EMPIRE INC PURPOSE: WORK AS A SUB-CONTRACTOR IN INTEGRATED SOLUTIONS FOR YOUTH RECOVERY AND RESILIENCY, CONNECTING 100 HIGH RISK YOUTH IMPACTED BY THE PANDEMIC WITH MENTORS, A FAMILY RESOURCE SPECIALIST, AND MENTAL HEALTH SUPPORT | $37,474 |