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Tule River Economic Development Corporation

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

EIN: 770262973 ✦ Porterville, CA ✦ Designated as a 501(c)(3)

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Overview

What is Tule River Economic Development Corporation?

The Tule River Economic Development Corporation, located in Porterville, California (93257), is a nonprofit organization established with the primary goal of fostering economic growth within the Tule River Indian Tribe. This mission encompasses both creating employment opportunities for tribal members and establishing a diverse revenue base. By doing so, the corporation aims to benefit not only the indigenous community but also the surrounding area. With a workforce of nine dedicated individuals, the Tule River Economic Development Corporation is actively working towards these objectives.


Official website here: www.tuleriveredc.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36% - Zero-Star out of Four Star rating.

The Tule River Economic Development Corporation has received a low rating of 36%, which signifies significant concerns regarding its accountability and financial practices. While it scores well for having a majority of independent board members and properly documenting board meeting minutes, essential policies such as conflict of interest and whistleblower protections are notably missing. This lack of foundational governance policies raises questions about the overall integrity and operational transparency of the organization.

Additionally, the organization struggles with significant financial issues, as indicated by a liabilities-to-assets ratio of 95.74%, suggesting it may be heavily burdened by its debts. The program expense ratio stands at 0.00%, which implies that no funds are being directed toward its intended programs, further contributing to the negative perception of its financial management.

Overall, the combination of weak financial health and governance deficiencies presents a concerning picture for potential donors and stakeholders. The organization must address these critical areas to enhance its credibility and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Tule River Economic Development Corporation legitimate?

Tule River Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tule River Economic Development 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: $12,527

For more financial information, click here


Official website here: www.tuleriveredc.com/

What is the mission statement of Tule River Economic Development Corporation?

The Tule River Economic Development Corporation is established with a mission to create an organization that focuses on generating employment opportunities and establishing a diverse revenue base. This endeavor aims to benefit not only the residents of the Tule River Indian Reservation but also the surrounding community. The corporation's role is to encourage, organize, and execute economic development projects, thereby providing a platform for tribal members to contribute to the economic growth of the community.


Official website here: www.tuleriveredc.com/

Who is the CEO of Tule River Economic Development Corporation?

Dennis Ickes is the Ceo of Tule River Economic Development Corporation. The CEO's salary of Tule River Economic Development Corporation is $0 and their total compensation is $0.


Official website here: www.tuleriveredc.com/

What is the revenue of Tule River Economic Development Corporation?

Tule River Economic Development Corporation's revenue in 2022 was $151,983.


Official website here: www.tuleriveredc.com/

Who are the executives of Tule River Economic Development Corporation and what are their salaries?

The average compensation at Tule River Economic Development Corporation during 2022 was $1,392. There are 9 employees at Tule River Economic Development Corporation.


Here are 10 key members and their salaries (Tule River Economic Development Corporation's CEO's salary is $0 and their total compensation is $0):


Felix Christman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Santos (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Garfield (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Santos (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Mcdarment (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Peyron (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Neito (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Carabay (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Carothers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Ickes (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tuleriveredc.com/

Where can I find the form 990 for Tule River Economic Development Corporation?

Tule River Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tuleriveredc.com/

Learn more at the official website: www.tuleriveredc.com/

Mission Statement of Tule River Economic Development Corporation

The Tule River Economic Development Corporation is established with a mission to create an organization that fosters job growth and diversifies the revenue base, benefiting the people of the Tule River Indian Reservation and the surrounding community. This nonprofit aims to encourage, organize, and execute economic development projects for the Tule River Indian Tribe, providing tribal members with employment opportunities. By carrying out these tasks, the Tule River Economic Development Corporation seeks to contribute positively to the economic well-being of its community.

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Impact




October, 2024

Tule River Economic Development Corporation plays a crucial role in enhancing economic opportunities for the Tule River Indian Reservation and surrounding community. By focusing on job creation and developing a diverse revenue base, the organization directly benefits local residents. It actively encourages and executes economic development projects, providing tribal members with employment opportunities that foster community growth.

Situated in Porterville, CA, the corporation's initiatives aim to uplift the local economy and ensure sustainable development for the tribe. Through its efforts, the Tule River Economic Development Corporation not only improves individual livelihoods but also contributes to the overall prosperity and resilience of the community.




This information is meant to be a general summary of Tule River Economic Development 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
$151,983 (2022)
Expenses
$420,551 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $335,995

Assets and Liabilities:

  • Total Assets: $7,108,061
  • Total Liabilities: $6,805,322
  • Net Assets: $302,739

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Organization Details

Founding Year

2001

Principal Officer

Dennis Ickes

Main Address

31071 HIGHWAY 190, PORTERVILLE, CA, 93257

NTEE Category

Code: S31Z - Community improvement

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