Overview
What is Delano Improvement Corporation?
The Delano Improvement Corporation, located in Delano, California (1405 12th Avenue), is a nonprofit organization that puts the interest earned on its cash investments towards the acquisition, construction, improvement, and remodeling of public school buildings and facilities. By doing so, the corporation is committed to enhancing educational infrastructure, ultimately benefiting the local community.
Is Delano Improvement Corporation legitimate?
Delano Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delano Improvement 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 Delano Improvement Corporation?
The Delano Improvement Corporation's mission revolves around utilizing the interest earned from cash investments. This revenue is then allocated towards the acquisition, construction, improvement, and remodeling of public school buildings and facilities. Essentially, the corporation's goal is to enhance the infrastructure of public schools, thereby contributing to the education sector. In practice, the interest earnings have been utilized to manage debts associated with these construction projects.
Who is the CEO of Delano Improvement Corporation?
Suzanne Villaruz is the President of Delano Improvement Corporation.
What is the revenue of Delano Improvement Corporation?
Delano Improvement Corporation's revenue in 2022 was $374,352.
Who are the executives of Delano Improvement Corporation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $2,880
- Other: $16,409
- Compensation: $0
- Related: $2,880
- Other: $16,409
- Compensation: $0
- Related: $2,880
- Other: $16,409
- Compensation: $0
- Related: $2,880
- Other: $16,409
- Compensation: $0
- Related: $2,880
- Other: $16,409
Where can I find the form 990 for Delano Improvement Corporation?
Delano Improvement Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delano Improvement Corporation
The Delano Improvement Corporation, a nonprofit organization, is committed to utilizing the interest earned on its cash investments for a noble cause. Its primary mission involves the acquisition, construction, improvement, and remodeling of public school buildings and facilities. The corporation's actions are geared towards enhancing and upgrading the educational infrastructure, thereby contributing to the betterment of the educational experience for students and teachers alike.
To accomplish its mission, Delano Improvement Corporation employs the interest earned from its cash investments in a strategic manner. The interest serves as a financial resource, enabling the organization to invest in the acquisition, construction, improvement, and remodeling of public school buildings and facilities. This commitment to educational infrastructure development is a testament to the corporation's dedication to enhancing the learning environment and fostering a conducive atmosphere for education.
In addition, Delano Improvement Corporation has been using the interest earned on its cash investments to settle debts related to the acquisition, construction, improvement, and remodeling of public school buildings and facilities. This financial management strategy allows the organization to maintain its financial stability while continuing to invest in educational infrastructure, thereby ensuring its long-term mission and vision remain achievable. In essence, Delano Improvement Corporation is a forward-thinking organization that prioritizes the improvement of public schools, thereby contributing to the overall well-being of the community.
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Impact
October, 2024
Delano Improvement Corporation plays a significant role in enhancing the educational infrastructure in Delano, California. By utilizing interest earned from cash investments, the organization funds the acquisition, construction, improvement, and remodeling of public school buildings and facilities. This financial support directly addresses critical needs within the community's educational system, ensuring that students have access to well-maintained and modern learning environments.
The efforts of the Delano Improvement Corporation contribute to a positive impact on the local community by enabling improved educational outcomes. Upgraded facilities can lead to a better learning experience for students, fostering academic success and overall growth. Furthermore, by alleviating debt related to school infrastructure projects, the corporation helps to streamline financial resources, allowing schools to allocate funds towards educational programs and student services.
In summary, the Delano Improvement Corporation enhances the quality of education in Delano through strategic financial investments aimed at improving public school facilities, which ultimately supports the academic advancement and well-being of students in the community.
This information is meant to be a general summary of Delano Improvement 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.
- Investment Income: $374,352
- Gross Receipts: $374,352
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1996
Phone
(661) 721-5000Principal Officer
Suzanne Villaruz
Main Address
1405 12TH AVENUE, DELANO, CA, 93215
NTEE Category
Code: B11 - Education
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