Coachella Valley Wellness Foundation
- Assets
- $954.5k
- Revenue
- $90.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Rancho Mirage, CA
- Founding
- 02/1973
- Data as of
- 06/2022
- EIN
- 95-6377019
Organization Overview
Coachella Valley Wellness Foundation is located in Rancho Mirage, CA. The organization was established in 1973. According to its NTEE Classification (E61) the organization is classified as: Blood Banks, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coachella Valley Wellness 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, Coachella Valley Wellness Foundation generated $90.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $132.8k during the year ending 06/2022. While expenses have increased by 1.9% 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.
Since 2016, Coachella Valley Wellness Foundation has awarded 97 individual grants totaling $774,500. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SUPPORTS AND PROMOTES GOOD HEALTH IN THE COACHELLA VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT AND PROMOTE WELLNESS IN THE COACHELLA VALLEY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Newman Chairperson | Officer | 0.3 | $0 |
Charles Riach Treasurer | Officer | 0.3 | $0 |
Walter Clark JD Secretary | Officer | 0.3 | $0 |
Martin Serna Director | Trustee | 0.3 | $0 |
Christopher Pyle CPA Director | Trustee | 0.3 | $0 |
Thomas Tokheim Director | Trustee | 0.3 | $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 | $10,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,800 |
| Total Program Service Revenue | $0 |
| Investment income | $37,772 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,257 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,500 |
| 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 | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,038 |
| Advertising and promotion | $0 |
| Office expenses | $1,851 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,125 |
| 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 | $1,054 |
| All other expenses | $50 |
| Total functional expenses | $132,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $81,071 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $873,456 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $954,527 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $954,527 |
| 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 | $954,527 |
Grants Awarded
Over the last fiscal year, Coachella Valley Wellness Foundation has awarded $93,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Mecca, CA PURPOSE: WELLNESS SUPPORT | $30,000 |
Indio, CA PURPOSE: SENIOR WELLNESS PROGRAM | $10,000 |
Indio, CA PURPOSE: WELLNESS SUPPORT | $10,000 |
Cathedral City, CA PURPOSE: SENIOR FITNESS EQUIPMENT | $10,000 |
Desert Hot Springs, CA PURPOSE: WELLNESS SUPPORT | $10,000 |
Indio, CA PURPOSE: HOMELESS SAFETY, SANCTUARY AND EDUCATION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coachella Valley Wellness Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: NEWMAN COVID RELIEF FUND | | $20,000 |
Endowment Analysis
| Beg. Balance | $300,000 |
| Ending Balance | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blood Bank Of San Bernadino And Riverside Counties San Bernardino, CA | $38,616,037 | $63,602,711 |
San Diego Blood Bank San Diego, CA | $35,753,228 | $59,499,339 |
Central California Blood Center Fresno, CA | $43,110,818 | $26,859,582 |
Houchin Community Blood Bank Bakersfield, CA | $11,828,729 | $14,822,110 |
Blood Bank Of Hawaii Honolulu, HI | $23,636,921 | $21,436,743 |
Northern California Community Blood Bank Eureka, CA | $4,285,239 | $5,461,229 |
International Council For Commonality In Blood Banking Auto San Bernardino, CA | $4,224,627 | $2,172,718 |
Houchin Community Foundation Bakersfield, CA | $14,670,410 | $277,041 |
Hawaii Cord Blood Bank Honolulu, HI | $5,077,990 | $1,069,463 |
Blood Bank Real Property Inc Honolulu, HI | $4,618,176 | $172,476 |
Coachella Valley Wellness Foundation Rancho Mirage, CA | $954,527 | $90,829 |
California Blood Bank Society Sacramento, CA | $107,377 | $0 |