Overview
What is Parkview Legacy Foundation?
Parkview Legacy Foundation is a nonprofit organization situated in Riverside, California. Their primary focus is on addressing the affordable housing crisis in the area, championing initiatives such as land trusts, accessory dwelling units, housing trusts, neighborhood investment trusts, and housing as healthcare. They are part of a cross-sector group leading the charge to meet 30% of Riverside's affordable housing needs at 30% of low- to moderate income levels by 2030. This initiative, known as 'Developing Plan 30/30/30,' has been supported by grants from Kaiser Permanente and the Center for Community Investment. They have also participated in the Housing Policy Leadership Academy, which has informed their work in the region. The Foundation has been instrumental in securing funding for the production of the first-ever Inland Empire 2021 report, which is being used by anchor institutions in the region to drive decisions. They are currently focusing on this report within their service area and have made numerous presentations on its findings. In addition, they have launched a new program called 'Integrated Solutions for Youth Recovery and Resilience' to address the socio-emotional wellness needs of youth. This program could potentially serve as a national model. The Foundation also supports Parkview Community Hospital by soliciting and receiving donations for the necessary support of its healthcare programs. They are currently involved in providing leadership to the New Inland Empire Children's Cabinet, aiming to serve as a hub for all things related to children (0-21) in their service area.
Official website here: www.pchmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating
The Parkview Legacy Foundation has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 85%. This rating indicates a strong level of accountability and financial health. With a notable Accountability & Finance score of 83%, the organization demonstrates effective oversight and management of resources, which is crucial for ensuring donor trust. Their Culture & Community score is impressive at 97%, indicating a robust commitment to engaging with and supporting their community.
Strengths of the Parkview Legacy Foundation include a fully independent board, exceptional feedback collection and usage practices, and strong financial oversight measures. Highlights from their evaluation show that they have no material diversion of assets, and their financial statements are well-audited. The organization also places a high emphasis on ethical practices, as evidenced by their comprehensive policies for conflict of interest and whistleblower protections.
However, while the program expense ratio stands at 59.40%, there may be room for improvement in how effectively they allocate funds towards their programs compared to administrative costs. Overall, the Parkview Legacy Foundation showcases a strong commitment to transparency and community engagement, but further enhancing program funding would strengthen their impact even more.
This AI summary has been generated from information found on Charity Navigator.
Is Parkview Legacy Foundation legitimate?
Parkview Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkview Legacy Foundation 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: $149,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,238
For more financial information, click here
Official website here: www.pchmc.org
What is the mission statement of Parkview Legacy Foundation?
The Parkview Legacy Foundation's mission is centered around raising funds and providing support for healthcare programs that benefit residents in their service area. The organization actively engages in planning and developing solutions for housing needs, particularly focusing on affordable housing. They are leading a cross-sector group to ensure 30% of a city's affordable housing needs are met by 2030, a project they call 30/30/30. The foundation's efforts have been supported by grants and have resulted in a plan to streamline and standardize middle housing typology development. They are also focused on addressing the socio-emotional wellness needs of youth through a project called Integrated Solutions for Youth Recovery and Resilience, which could potentially serve as a national model. The foundation is involved in various community initiatives, including providing leadership to a children's cabinet and securing funding for a project that integrates housing, health, and poverty work.
Official website here: www.pchmc.org
Who is the CEO of Parkview Legacy Foundation?
Damien O'Farrell is the CEO of Parkview Legacy Foundation The CEO's salary of Parkview Legacy Foundation is $164,579 and their total compensation is $164,579.
Official website here: www.pchmc.org
What is the revenue of Parkview Legacy Foundation?
Parkview Legacy Foundation's revenue in 2023 was $1,073,017.
Official website here: www.pchmc.org
Who are the executives of Parkview Legacy Foundation and what are their salaries?
The average compensation at Parkview Legacy Foundation during 2023 was $83,410. There are 2 employees and 16 volunteers at Parkview Legacy Foundation.
Here are 16 key members and their salaries (Parkview Legacy Foundation's CEO's salary is $164,579 and their total compensation is $164,579):
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Official website here: www.pchmc.org
Where can I find the form 990 for Parkview Legacy Foundation?
Parkview Legacy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pchmc.org
Learn more at the official website: www.pchmc.org
Mission Statement of Parkview Legacy Foundation
The Parkview Legacy Foundation is committed to funding, supporting, or providing healthcare programs that benefit residents within its service area. This nonprofit organization's mission is to contribute to the betterment of community health. One of its significant endeavors involves collaborating with a cross-sector group to address the affordable housing needs of the region. Specifically, the foundation aims to fulfill 30% of Riverside's affordable housing requirements for individuals earning 30% of low- to moderate-income levels by 2030, a project they've named 30/30/30. This initiative entails integrating innovative solutions into a comprehensive model, which can subsequently be incorporated into city and county plans, implemented across the region, scaled, and replicated elsewhere.
The Parkview Legacy Foundation's work on the 30/30/30 project has been supported by grant funds from Kaiser Permanente and the Center for Community Investment. Additionally, the foundation participated in the Housing Policy Leadership Academy with 80 other Inland Empire leaders, contributing to the development of a plan to fund the streamlining and standardization of missing middle housing typology development. This approach is intended to produce naturally affordable homes for local ownership.
The foundation's efforts have also resulted in the release of the first-ever Portrait of the Inland Empire 2021 report, which was produced with funding from partner agencies within the region. This report, now used by anchor institutions such as Loma Linda Health and the Inland Empire Community Foundation, has influenced decisions in the region. The Parkview Legacy Foundation is currently focusing its efforts on this report within its service area. Furthermore, the organization has launched a new program called Integrated Solutions for Youth Recovery and Resilience, which aims to address the socio-emotional wellness needs of youth using a clinical care, long-term social capital, and relational support approach. This project has the potential to serve as a national model. Lastly, Parkview Legacy Foundation is providing leadership to the New Inland Empire Children's Cabinet and its work in the service area, serving as a co-chair for the Health and Wellness Committee and assisting in the acquisition of a 1 million dollar grant to support the development of a collaborative working on preventing and mitigating the impacts of adverse childhood experiences in the region.
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Impact
July, 2024
Parkview Legacy Foundation is making a significant impact in Riverside, CA by engaging in innovative housing solutions development work. They are working towards ensuring 30% of Riverside's affordable housing needs at low-to-moderate income levels by 2030 through their "30/30/30" plan. With grants from Kaiser Permanente and the Center for Community Investment, they are leading a cross-sector group to integrate these solutions into comprehensive models for future implementation.
Additionally, Parkview Legacy Foundation has spearheaded the development of the first-ever Portrait of the Inland Empire 2021 report, securing funding and making numerous presentations to drive decisions in the region. Their efforts have led to the formation of new programs like Integrated Solutions for Youth Recovery and Resiliency, addressing socio-emotional wellness needs of youth and potentially becoming a national model.
Moreover, the Foundation is actively involved in community wellness projects, including the Integrated Solutions for Community Wellness through Housing Stability program, which aims to connect housing, health, and poverty work in an integrated model. They are also providing leadership to the Inland Empire Children's Cabinet, focusing on supporting children in the region and securing grants for initiatives to prevent and mitigate adverse childhood experiences. Through these initiatives, Parkview Legacy Foundation is positively impacting the health and well-being of residents in their service area.
This information is meant to be a general summary of Parkview Legacy Foundation. 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 2023.
- Investment Income: $51,365
- Gross Receipts: $3,750,362
Assets and Liabilities:
- Total Assets: $12,548,638
- Total Liabilities: $19,461
- Net Assets: $12,529,177
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Organization Details
Founding Year
1973
Principal Officer
Damien O'Farrell
Website
www.pchmc.orgNTEE Category
Code: E21 - Health
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