Sequoia Valley Economic Development Foundation is located in Visalia, CA. The organization was established in 2016. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sequoia Valley Economic Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Sequoia Valley Economic Development Foundation generated $2.5k in total revenue. All expenses for the organization totaled $11.5k during the year ending 06/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RESTAURANT GRANT WAS CREATED TO SUPPORT LOCAL RESTAURANTS BY PURCHASING MEALS TO GO DURING THE PANDEMIC RESTRICTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Airica Belis CEO | 1 | $0 | |
Colby Wells Chairman | 1 | $0 | |
Scott Harness Chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $2,500 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,500 |
Total expenses | $11,500 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,550 |
Other assets | $0 |
Total assets | $1,550 |
Total liabilities | $3,106 |
Net assets or fund balances | -$1,556 |