Ventura County Medical Resource Foundation
- Assets
- $3.6m
- Revenue
- $114.0k
- Investments
- $2.7m
- Employees
- 2
- Location
- Ventura, CA
- Founding
- 10/1959
- Data as of
- 12/2023
- EIN
- 95-6096141
Organization Overview
Ventura County Medical Resource Foundation is located in Ventura, CA. The organization was established in 1959. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Ventura County Medical Resource Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ventura County Medical Resource 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 12/2023, Ventura County Medical Resource Foundation generated $114.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $345.6k during the year ending 12/2023. 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 IMPROVE, IN PARTNERSHIP WITH OTHERS, ACCESS TO NEEDED HEALTH CARE FOR THE MOST VULNERABLE AND UNDERSERVED CHILDREN AND SENIORS OF VENTURA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE, IN PARTNERSHIP WITH OTHERS, ACCESS TO NEEDED HEALTH CARE FOR THE MOST VULNERABLE AND UNDERSERVED CHILDREN AND SENIORS OF VENTURA COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Chandler CEO | Officer | 40 | $144,088 |
Pamela Short Director | Trustee | 0 | $0 |
Donna Supulveda-Weber Director | Trustee | 0 | $0 |
Roy Schneider ESQ Director | Trustee | 0 | $0 |
Elena Trevino Director | Trustee | 0 | $0 |
Adrienne Lara MD Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,965 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,013 |
| Noncash contributions included in lines 1a–1f | $25,965 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,978 |
| Total Program Service Revenue | $0 |
| Investment income | $60,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $45,965 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $144,088 |
| Compensation of current officers, directors, key employees. | $22,103 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,011 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,700 |
| Payroll taxes | $16,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $388 |
| Advertising and promotion | $0 |
| Office expenses | $1,554 |
| Information technology | $4,217 |
| Royalties | $0 |
| Occupancy | $8,824 |
| Travel | $1,576 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,257 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51 |
| Insurance | $6,325 |
| All other expenses | $1,131 |
| Total functional expenses | $345,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,946 |
| Savings and temporary cash investments | $961,017 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,671 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,658,107 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,646,741 |
| Accounts payable and accrued expenses | $9,701 |
| 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 | $1 |
| Total liabilities | $9,702 |
| Net assets without donor restrictions | $862,332 |
| Net assets with donor restrictions | $2,774,707 |
| 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 | $3,646,741 |