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Gold Country Settlement Funding Corp

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

EIN: 800050421 ✦ Auburn, CA ✦ Designated as a 501(c)(3)

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Overview

What is Gold Country Settlement Funding Corp?

Gold Country Settlement Funding Corp is a nonprofit organization located at 175 Fulweiler Avenue, Auburn, CA 95603. Its primary mission was to acquire a portion of the tobacco settlement rights from the County of Placer, as per an agreement with the State of California. These acquired rights served as a revenue source, which the organization then utilized to fund construction projects on the Dewitt Campus in Auburn, the county's main administrative center. The funds from this nonprofit have contributed to the construction of new buildings in the area.


Official website here: www.placer.ca.gov

Is Gold Country Settlement Funding Corp legitimate?

Gold Country Settlement Funding Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gold Country Settlement Funding Corp 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


Official website here: www.placer.ca.gov

What is the mission statement of Gold Country Settlement Funding Corp?

Gold Country Settlement Funding Corp's primary objective was to procure a portion of the tobacco settlement rights related to funds owed to the County of Placer, as per an agreement with the State of California. This acquisition was primarily aimed at obtaining these monetary benefits. The corporation's mission did not directly involve providing services or support to individuals or communities, but rather focused on financial gains from the tobacco settlement rights. The revenues generated from this acquisition were subsequently utilized for constructing new buildings on the Dewitt Campus in Auburn, the County seat.


Official website here: www.placer.ca.gov

Who is the CEO of Gold Country Settlement Funding Corp?

Jane Christenson is the President of Gold Country Settlement Funding Corp.


Official website here: www.placer.ca.gov

What is the revenue of Gold Country Settlement Funding Corp?

Gold Country Settlement Funding Corp's revenue in 2022 was $4,290,127.


Official website here: www.placer.ca.gov

Who are the executives of Gold Country Settlement Funding Corp and what are their salaries?

There 3 volunteers at Gold Country Settlement Funding Corp.


Here are 3 key members and their salaries:


Ed Horton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Christenson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Chatigny (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.placer.ca.gov

Where can I find the form 990 for Gold Country Settlement Funding Corp?

Gold Country Settlement Funding Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.placer.ca.gov

Learn more at the official website: www.placer.ca.gov

Mission Statement of Gold Country Settlement Funding Corp

Gold Country Settlement Funding Corp's primary mission was centered around acquiring a portion of the tobacco settlement rights that were due to the County of Placer, following an agreement with the State of California. This mission was instrumental in generating revenue for the county and its citizens. The corporation subsequently utilized all of these revenues towards constructing new facilities on the Dewitt Campus in Auburn, serving as the county seat. This undertaking further benefited the community by providing new buildings for various purposes.

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Impact




July, 2024

Gold Country Settlement Funding Corp has had a significant impact on the County of Placer and its citizens. By acquiring the tobacco settlement rights from the County of Placer, the corporation has generated revenue that has been used to construct new buildings on the Dewitt Campus in Auburn, the County seat. This has directly benefited the community by providing essential infrastructure and facilities for the residents. The corporation's actions have helped enhance the quality of life in Placer County and support its ongoing development.




This information is meant to be a general summary of Gold Country Settlement Funding Corp. 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
$4,290,127 (2022)
Expenses
$2,356,683 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,924
  • Program Service Revenue: $4,288,203
  • Gross Receipts: $4,290,127

Assets and Liabilities:

  • Total Assets: $5,922,690
  • Total Liabilities: $62,441,758
  • Net Assets: -$56,519,068

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Programs

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

Tobacco Settlement

Revenue

$4,288,203

Organization Details

Founding Year

2002

Principal Officer

Jane Christenson

Main Address

175 Fulweiler Avenue, Auburn, CA, 95603

NTEE Category

Code: W99 - Public benefit

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