Gold Country Settlement Funding Corp

Organization Overview

Gold Country Settlement Funding Corp is located in Auburn, CA. The organization was established in 2008. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gold Country Settlement Funding Corp 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 06/2021, Gold Country Settlement Funding Corp generated $3.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $12.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY PURPOSE WAS TO ACQUIRE FROM THE COUNTY OF PLACER ALL OR ANY PART OF THE TOBACCO SETTLEMENT RIGHTS RELATED TO MONIES DUE TO IT PURSUANT TO A MOU WITH THE STATE OF CALIFORNIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COUNTY OF PLACER AND ITS CITIZENS HAVE BENEFITED FROM THE SALE OF THE TOBACCO SETTLEMENT RIGHTS FROM THE CORPORATION. ALL OF THE REVENUES HAVE BEEN USED TO CONSTRUCT NEW BUILDINGS ON THE DEWITT CAMPUS IN AUBURN, THE COUNTY SEAT.


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Board, Officers & Key Employees

Name (title)Compensation
Jane Christenson
Vice President
$0
Ed Horton
Secretary
$0
Todd Leopold
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,475,746
Investment income $93
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,475,839

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