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Corona De Mar Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300349725 ✦ Corona del mar, CA ✦ Designated as a 501(c)(3)

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Overview

What is Corona De Mar Community Foundation?

The Corona de Mar Community Foundation is a nonprofit organization, established to facilitate fundraising for public, voluntary, and tax-exempt organizations under Section 501(a) of the Internal Revenue Code. Their primary mission is to positively impact the Corona Del Mar community by financing projects that align with their goals. By providing financial assistance, the foundation has contributed to the betterment of the local area, enhancing its overall well-being.

Is Corona De Mar Community Foundation legitimate?

Corona De Mar Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corona De Mar Community Foundation submitted a form 990EZ, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Corona De Mar Community Foundation?

The Corona de Mar Community Foundation's mission is centered around serving public, voluntary, and non-profit organizations, all recognized as exempt under Section 501(a) of the Internal Revenue Code. Its primary goal is to facilitate fundraising efforts. The foundation has demonstrated its commitment to the community by providing financial support to projects that contribute positively to the community's wellbeing. By doing so, the Corona de Mar Community Foundation aims to make a significant impact on the lives of its community members.

Who is the CEO of Corona De Mar Community Foundation?

Bernie Svalstad is the CEO of Corona De Mar Community Foundation The CEO's salary of Corona De Mar Community Foundation is $0 and their total compensation is $0.

What is the revenue of Corona De Mar Community Foundation?

Corona De Mar Community Foundation's revenue in 2024 was $0.

Who are the executives of Corona De Mar Community Foundation and what are their salaries?

Here are 3 key members and their salaries (Corona De Mar Community Foundation's CEO's salary is $0 and their total compensation is $0):


Bernie Svalstad (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Chip Stassel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Leonhard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Corona De Mar Community Foundation?

Corona De Mar Community Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Corona De Mar Community Foundation

The Corona De Mar Community Foundation's primary mission is to serve as a facilitator for raising funds. This nonprofit organization targets public, voluntary, and non-profit entities that have been recognized as exempt under Section 501(a) of the Internal Revenue Code. By providing a fundraising platform, this foundation contributes to projects that positively impact the community. The Corona De Mar Community Foundation's contributions have been instrumental in enhancing the wellbeing of the community at large.

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Impact




October, 2024

The Corona De Mar Community Foundation plays a vital role in enhancing the quality of life in Corona Del Mar by serving as a crucial fundraising mechanism for public and nonprofit organizations. By allocating funds to various projects, it fosters community development and addresses local needs. This foundation has significantly impacted the community by supporting initiatives that contribute to a vibrant, thriving environment, ensuring that resources are available for programs and services that benefit residents. Through its efforts, the foundation not only uplifts individual projects but also cultivates a spirit of philanthropy and collaboration among community members.




This information is meant to be a general summary of Corona De Mar Community Foundation. 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.

Revenue
$0 (2024)
Expenses
$0 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $3

Assets and Liabilities:

  • Total Assets: $11,865
  • Total Liabilities: $0
  • Net Assets: $11,865

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Organization Details

Principal Officer

Bernie Svalstad

NTEE Category

Code: T990 - Philanthropy

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