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Central Valley School District Financing Financing Corporation

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

EIN: 770129270 ✦ Clovis, CA ✦ Designated as a 501(c)(4)

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Overview

What is Central Valley School District Financing Financing Corporation?

The Central Valley School District Financing Financing Corporation is a nonprofit entity situated in Clovis, California. Its primary mission is to offer financial aid to the Clovis Unified School District, assisting in the construction, acquisition, improvement, and remodeling of public school buildings and facilities. The corporation also extends its financial assistance to other public agencies, as mentioned in its mission statement. It was established with the primary objective of providing financial support for educational infrastructure development.

Is Central Valley School District Financing Financing Corporation legitimate?

Central Valley School District Financing Financing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Central Valley School District Financing Financing 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 Central Valley School District Financing Financing Corporation?

The Central Valley School District Financing Financing Corporation was established with the primary objective of offering financial aid for the construction of public school buildings and facilities. Its mission extends to providing assistance to various public agencies, including the Clovis Unified School District and Fresno Unified School District. This aid is intended for the construction, acquisition, improvement, and remodeling of public school buildings and facilities. The corporation also facilitates the repayment of financing related to these projects.

Who is the CEO of Central Valley School District Financing Financing Corporation?

Michael Johnston is the President of Central Valley School District Financing Financing Corporation.

What is the revenue of Central Valley School District Financing Financing Corporation?

Central Valley School District Financing Financing Corporation's revenue in 2021 was $2,847.

Who are the executives of Central Valley School District Financing Financing Corporation and what are their salaries?


Here are 4 key members and their salaries:


Ginny Hovsepian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Johnston (Cfo Jan 2020-Jun 2020)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Asadoorian (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Heryford (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Central Valley School District Financing Financing Corporation?

Central Valley School District Financing Financing Corporation's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Central Valley School District Financing Financing Corporation

The Central Valley School District Financing Financing Corporation was established with a primary goal to offer financial assistance. This assistance is primarily intended for the construction, acquisition, improvement, and remodeling of public school buildings and facilities. The corporation's mission extends beyond helping the Clovis Unified School District; it also aids other public agencies in their similar endeavors. By providing financial assistance, the Central Valley School District Financing Financing Corporation plays a significant role in enhancing the educational infrastructure, ultimately contributing to the improvement of educational facilities for students.

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Impact




October, 2024

Central Valley School District Financing Corporation plays a crucial role in enhancing educational infrastructure in the Clovis area by providing financial assistance for the construction, acquisition, improvement, and remodeling of public school buildings and facilities. By facilitating funding for Clovis Unified School District, as well as Fresno Unified School District and other public agencies, the corporation directly impacts the quality and availability of educational spaces for students.

This financial support enables districts to modernize existing facilities, ensuring they are safe, up-to-date, and conducive to effective learning environments. The focus on public school buildings also reflects a commitment to long-term investment in community education, which is vital for fostering student achievement and overall community well-being.

Moreover, by assisting in the repayment of financing, the corporation helps maintain fiscal responsibility for the districts it supports, allowing them to allocate resources more efficiently. Overall, the Central Valley School District Financing Corporation significantly contributes to advancing educational opportunities and improving the learning experience in the region.




This information is meant to be a general summary of Central Valley School District Financing Financing 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
$2,847 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $2,847
  • Gross Receipts: $2,847

Assets and Liabilities:

  • Total Assets: $84,173
  • Total Liabilities: $82,988
  • Net Assets: $1,185

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Organization Details

Founding Year

1986

Principal Officer

Michael Johnston

Main Address

1450 HERNDON AVE, CLOVIS, CA, 93612

NTEE Category

Code: B20I - Education

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