Overview
What is Sequoia Regional Economic Development Foundation?
The Sequoia Regional Economic Development Foundation is a nonprofit organization situated in Visalia, California, specifically aimed at addressing economic challenges in Tulare County. Their mission is to combat poverty and blight by offering various resources and programs. They invest significantly in education and entrepreneurship initiatives, focusing on assisting low-income individuals and other community members. In response to the pandemic, the foundation established a unique grant program to support local restaurants by purchasing meals to go, thereby providing relief and promoting community resilience.
Is Sequoia Regional Economic Development Foundation legitimate?
Sequoia Regional Economic Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sequoia Regional Economic Development 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.
What is the mission statement of Sequoia Regional Economic Development Foundation?
The Sequoia Regional Economic Development Foundation's mission is centered around alleviating poverty and addressing blight in economically disadvantaged regions. To achieve this, the organization actively invests in educational and entrepreneurial programs designed to assist individuals from low-income backgrounds. In addition, the foundation has taken initiative by establishing a restaurant grant, enabling local eateries to continue operations during pandemic-restricted periods by purchasing takeout meals.
Who is the CEO of Sequoia Regional Economic Development Foundation?
Airica Belis is the Ceo of Sequoia Regional Economic Development Foundation. The CEO's salary of Sequoia Regional Economic Development Foundation is $0 and their total compensation is $0.
What is the revenue of Sequoia Regional Economic Development Foundation?
Sequoia Regional Economic Development Foundation's revenue in 2022 was $2,500.
Who are the executives of Sequoia Regional Economic Development Foundation and what are their salaries?
Here are 3 key members and their salaries (Sequoia Regional Economic Development Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Sequoia Regional Economic Development Foundation?
Sequoia Regional Economic Development Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Sequoia Regional Economic Development Foundation
The Sequoia Regional Economic Development Foundation, in its mission, aims to alleviate poverty and address blight in economically disadvantaged regions of Tulare County. The organization achieves this by investing in educational and entrepreneurial programs designed to support low-income individuals and other community members. In response to the challenges posed by the pandemic, Sequoia Regional Economic Development Foundation also established a restaurant grant. This grant enabled the organization to purchase meals to go from local restaurants, thereby providing much-needed support to these businesses during restrictions. By investing in education, entrepreneurship, and local businesses, Sequoia Regional Economic Development Foundation works towards fostering sustainable economic growth and improving the overall well-being of its community.
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Impact
August, 2024
Sequoia Regional Economic Development Foundation's impact includes providing resources and programs in economically distressed areas of Tulare County to reduce poverty and blight. The organization invests in education and entrepreneurship programs to assist low-income and other individuals. Additionally, the foundation created a restaurant grant to support local restaurants by purchasing meals to go during pandemic restrictions. This initiative contributes to community improvement by fostering economic growth and supporting local businesses in Visalia, CA.
This information is meant to be a general summary of Sequoia Regional Economic Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,500
Assets and Liabilities:
- Total Assets: $1,550
- Total Liabilities: $3,106
- Net Assets: -$1,556
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Organization Details
Phone
(559) 591-1349Principal Officer
Airica Belis
Main Address
309 West Main Street STE 110, Visalia, CA, 93291
NTEE Category
Code: S20 - Community improvement
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