Overview
What is California Foundation For Public Facilities?
The California Foundation For Public Facilities, based in Carlsbad, California, is a nonprofit organization with a focus on facilitating conduit financing transactions. Situated at 2111 Palomar Airport Road Suite 320, this organization contributes to various public projects, specifically the Albany Public Works Center, LLC project. The California Foundation for Public Facilities serves as an intermediary, participating in the administration of these financing transactions, thereby contributing to the development of public facilities in California.
Is California Foundation For Public Facilities legitimate?
California Foundation For Public Facilities is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Foundation For Public Facilities submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of California Foundation For Public Facilities?
The California Foundation for Public Facilities' primary role is to oversee conduit financing transactions. In simpler terms, this organization assists in the management of financial transactions that benefit public projects, acting as an intermediary to facilitate these transactions. While the exact nature of the projects or the specific benefits are not provided, it can be inferred that the foundation's mission is to support public facility development through financial management.
Who is the CEO of California Foundation For Public Facilities?
John P Stoecker is the Principal Officer of California Foundation For Public Facilities.
What is the revenue of California Foundation For Public Facilities?
California Foundation For Public Facilities's revenue in 2022 was $10,488.
Who are the executives of California Foundation For Public Facilities and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for California Foundation For Public Facilities?
California Foundation For Public Facilities's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of California Foundation For Public Facilities
The California Foundation for Public Facilities plays a significant role in managing conduit financing transactions. In simpler terms, this nonprofit organization facilitates financial transactions that help in the development of public projects. By participating in these transactions, the California Foundation for Public Facilities contributes to the improvement of public infrastructure, without directly financing the projects themselves. This approach allows for more efficient use of public funds and can lead to the successful completion of various public works projects.
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Impact
October, 2024
The California Foundation for Public Facilities plays a significant role in facilitating public infrastructure development through conduit financing transactions. By administering these transactions, the Foundation supports projects like the Albany Public Works Center in Albany, CA, which enhances local public services and infrastructure. This involvement not only aids municipalities in securing necessary funding but also promotes community development by ensuring that essential facilities are built and maintained. The Foundation's activities contribute to improving the quality of life for residents in cities like Carlsbad and beyond, reinforcing the importance of effective financing in the public sector.
This information is meant to be a general summary of California Foundation For Public Facilities. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11
- Program Service Revenue: $10,477
- Gross Receipts: $10,488
Assets and Liabilities:
- Total Assets: $5,648,584
- Total Liabilities: $5,642,214
- Net Assets: $6,370
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Annual Fees
Revenue
$869
Audit Fees
Revenue
$9,608
Organization Details
Founding Year
2010
Phone
(760) 930-1221Principal Officer
John P Stoecker
Main Address
2111 PALOMAR AIRPORT ROAD SUITE 320, CARLSBAD, CA, 92011
NTEE Category
Code: T11 - Philanthropy
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