Hemet Unified School District Facilities Corporation

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

EIN: 521527174 ✦ Hemet, CA ✦ Designated as a 501(c)(4)

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Overview

What is Hemet Unified School District Facilities Corporation?

Hemet Unified School District Facilities Corporation is a nonprofit entity, specifically established to aid the Hemet Unified School District in procuring, financing, and constructing school sites. Their primary mission involves providing financial assistance to facilitate the acquisition, financing, or construction of educational facilities within the district. By doing so, they contribute to the betterment of educational infrastructure within the community, ultimately benefiting the students and educators of the Hemet Unified School District.

Is Hemet Unified School District Facilities Corporation legitimate?

Hemet Unified School District Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hemet Unified School District Facilities Corporation 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.


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 Hemet Unified School District Facilities Corporation?

The Hemet Unified School District Facilities Corporation's mission is to offer financial assistance to the Hemet Unified School District, facilitating their procurement, financing, or construction of school sites. This organization's primary objective is to support the educational institution in its endeavors to expand and improve its physical infrastructure. By providing financial aid, the corporation plays a crucial role in ensuring the district can accommodate its growing student population and maintain a conducive learning environment.

Who is the CEO of Hemet Unified School District Facilities Corporation?

Darrin Watters is the President of Hemet Unified School District Facilities Corporation.

What is the revenue of Hemet Unified School District Facilities Corporation?

Hemet Unified School District Facilities Corporation's revenue in 2022 was $3,916,092.

Who are the executives of Hemet Unified School District Facilities Corporation and what are their salaries?


Here are 3 key members and their salaries:


Patrick Searl (President)
  • Compensation: $0
  • Related: $4,800
  • Other: $13,235
Christi Barrett (Secretary/Treasurer)
  • Compensation: $0
  • Related: $311,637
  • Other: $29,636
Darrin Watters (Assistant Secretary)
  • Compensation: $0
  • Related: $265,832
  • Other: $25,780
Where can I find the form 990 for Hemet Unified School District Facilities Corporation?

Hemet Unified School District Facilities Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hemet Unified School District Facilities Corporation

The Hemet Unified School District Facilities Corporation is dedicated to providing financial assistance to the Hemet Unified School District. This nonprofit organization's mission is to aid the school district in acquiring, financing, and constructing school sites. By offering this support, Hemet Unified School District Facilities Corporation plays a crucial role in ensuring that the school district has the necessary resources to construct and maintain appropriate school sites, thereby contributing to the education and development of the community's children.

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Impact




October, 2024

Hemet Unified School District Facilities Corporation plays a crucial role in enhancing educational infrastructure by providing financial assistance to support the Hemet Unified School District. By facilitating the acquisition, financing, and construction of school sites, the organization directly contributes to the development of educational facilities that are essential for fostering a conducive learning environment. This support not only helps to meet the growing needs of the district but also ensures that students have access to safe and modern educational spaces. The impact of this corporation is evident in the improved quality of education and the overall advancement of the community in Hemet, California.




This information is meant to be a general summary of Hemet Unified School District Facilities Corporation. 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
$3,916,092 (2022)
Expenses
$3,916,092 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Program Service Revenue: $3,916,083
  • Gross Receipts: $3,916,092

Assets and Liabilities:

  • Total Assets: $5
  • Total Liabilities: $0
  • Net Assets: $5

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEASE FROM HEMET USD

Revenue

$3,916,083

Organization Details

Founding Year

1990

Principal Officer

Darrin Watters

Main Address

1791 W ACACIA AVE, HEMET, CA, 92545

NTEE Category

Code: B20 - Education

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