Overview
What is Kern Community College District Public Facilities Corporation?
The Kern Community College District Public Facilities Corporation is a specialized entity based in Bakersfield, California. Its primary role involves administering public facilities corporation bonds for the Kern Community College District. This nonprofit organization's mission focuses on facilitating the financing of public projects, contributing to the growth and improvement of the district's educational facilities.
Is Kern Community College District Public Facilities Corporation legitimate?
Kern Community College District Public Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Kern Community College District Public 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.
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What is the mission statement of Kern Community College District Public Facilities Corporation?
The Kern Community College District Public Facilities Corporation's primary role is to administer public facilities corporation bonds for the Kern Community College District. This organization's mission is centered around managing these bonds, ensuring their proper utilization for the betterment of the community college district. While the information provided does not detail specific goals or objectives beyond bond administration, it can be inferred that the corporation aims to support the growth and development of the community college district through these financial instruments.
Who is the CEO of Kern Community College District Public Facilities Corporation?
Thomas Burke is the Director of Kern Community College District Public Facilities Corporation.
What is the revenue of Kern Community College District Public Facilities Corporation?
Kern Community College District Public Facilities Corporation's revenue in 2022 was $2,606,838.
Who are the executives of Kern Community College District Public Facilities Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Kern Community College District Public Facilities Corporation?
Kern Community College District Public Facilities Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kern Community College District Public Facilities Corporation
The Kern Community College District Public Facilities Corporation is dedicated to managing the bonds issued by the Kern Community College District. This mission involves administering these bonds effectively, ensuring their utilization for the betterment of the educational facilities within the district. The corporation plays a crucial role in facilitating the financing of public facilities within the district, thereby contributing to the overall development and improvement of the educational infrastructure.
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Impact
October, 2024
The Kern Community College District Public Facilities Corporation plays a significant role in facilitating the development and maintenance of essential educational infrastructure within the Kern Community College District. By administering public facilities corporation bonds, it enables the financing of projects that enhance the learning environment for students in the region.
This organization ensures that funds are allocated effectively to support the construction and rehabilitation of facilities that are critical for educational activities. The impact of its operations directly contributes to improving access to quality education by providing safe, modern, and well-equipped learning spaces for a diverse student population.
Furthermore, by managing financial resources responsibly, the Corporation supports the district's mission to offer comprehensive educational services, which ultimately benefits the broader community by fostering workforce development and economic growth in Kern County. In essence, its functions are vital for sustaining and advancing public education initiatives, thereby promoting long-term benefits for individuals and the community as a whole.
This information is meant to be a general summary of Kern Community College District Public 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,606,838
- Gross Receipts: $2,606,838
Assets and Liabilities:
- Total Assets: $1
- Total Liabilities: $0
- Net Assets: $1
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,606,838
Organization Details
Founding Year
1988
Phone
(661) 336-5151Principal Officer
Thomas Burke
Main Address
2100 CHESTER AVE, BAKERSFIELD, CA, 933014099
NTEE Category
Code: W20 - Public benefit
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