2015-08-18T15:14:35-07:00 2014-12-31 Lund & Guttry LLP 39700 Bob Hope Drive Ste 309 Rancho Mirage CA 92270 990 2014-01-01 952684844 Coachella Valley Rescue Mission COAC 7603473512 47-470 Van Buren Indio CA 92201 Darla Burkett Executive Director 2015-08-04 true Gary W Dack P00626592 7605682242 2014 2016-03-07 17:11:31Z Darla Burkett 5423529 false false X www.cvrm.org X 1971 CA The Mission is an oasis, a place of refuge for the homeless and needy in the Coachella Valley. It is a safe haven, a place of rest for the weary, and a place where daily physical and spiritual needs may be met. 10 10 98 2581 0 6010133 4610825 54458 147100 90288 96423 422041 525091 6576920 5379439 319855 318041 0 1360444 1559111 0 578564 2852316 3232892 4532615 5110044 2044305 269395 12254124 12870277 856731 1218792 11397393 11651485 To serve those in need by sharing the saving grace of Jesus Christ through the provision of food, shelter, clothing and spiritual recovery. false false 3995349 The Mission provides temporary food and shelter for the homeless as well as job training and assistance finding permanent housing and employment. Clients who live at the Mission receive food and shelter and also participate in job training. The public also receives food in our public breakfast/dinner facility. Food boxes are also available. In 2014, The Mission served 198,000 meals for hungry and hurting men, women and children. Women and children account for 23% of this total - the fastest growing segment of services. Over 7,500 food boxes were distributed throughout the year which served over 19,000 adults and 8,900 children in families who had to make the choice between food and rent. Over 70,000 bed-nights were provided. The mission was blessed with over 28,000 hours of volunteer help from the community who helped meet these immense needs. 3995349 true true false false false false false false false false true false false true false false false true false false false false false false true false false false true false false false false false false false false false false false false true false false false false true true true false false true 6 0 true 98 true false false false false false false true true false 0 false false false true false false false false false false X 10 10 false false false false false false false true true false false false true true true true true true true false CA X X Sue Meyers 7603473512 47-470 Van Buren Indio CA 92201 Floyd Rhoades Chairman 1.00 0.00 X X 0 0 0 Jim Parrish Vice Chairman 0.50 0.00 X X 0 0 0 Erik Jensen Secretary 0.50 0.00 X X 0 0 0 Joseph Hayes Treasurer 0.50 0.00 X X 0 0 0 Matthew List Director 0.50 0.00 X 0 0 0 Julie Hodges Director 0.50 0.00 X 0 0 0 Connie Dorst Director 0.50 0.00 X 0 0 0 Bill Heck Director 0.50 0.00 X 0 0 0 Sue Branson Director 0.50 0.00 X 0 0 0 Ed Alderson Director 0.50 0.00 X 0 0 0 Darla Burkett Executive Dir. 40.00 0.00 X 120558 0 8433 Sue Meyers Associate Dir. 40.00 0.00 X 76730 0 3412 197288 11845 1 false false false Orr Builders 39301 Badger Street 300 Palm Desert CA 92211 Construction 1002126 1 93618 256975 4260232 2019709 4610825 Program income 147100 147100 147100 96423 96423 0 0 73352 73352 73352 73352 0 36974 93618 44090 -7116 0 414351 414351 414351 Ground lease income 624200 12768 12768 Property management 624200 30000 30000 Vending mach/Misc 624200 1320 1320 416 416 44504 5379439 679307 96423 0 318041 318041 0 0 197288 124291 51296 21701 0 1098329 691948 285565 120816 0 144901 104577 15048 25276 118593 74714 30834 13045 0 2895 2895 19582 19582 0 0 0 70113 64447 3237 2429 0 0 0 0 506743 476776 18891 11076 81795 73901 3947 3947 0 0 116511 116511 0 449751 418269 28334 3148 136549 102412 27310 6827 Food service 1719509 1685119 34390 Direct mail and Postage 364148 7712 964 355472 Programs and case management 68414 68414 Office/Miscellaneous 32593 21095 1394 10104 -335711 -239262 -101172 4723 5110044 3995349 536131 578564 441809 278162 1378519 757358 0 85780 409070 0 0 11724 13910 0 16991 23940 1976255 300473 610487 1675782 963557 948263 0 0 0 8745257 8763792 12254124 12870277 181668 558999 672563 659793 2500 856731 1218792 X 10350950 10772219 1046443 879266 11397393 11651485 12254124 12870277 269395 -15303 X false true X true false X 3011564 4414208 4788277 6010133 4610825 22835007 254935 294270 346284 460208 671777 2027474 0 0 0 3266499 4708478 5134561 6470341 5282602 24862481 0 0 24862481 15566 18160 41009 89288 96423 260446 0 15566 18160 41009 89288 96423 260446 0 235331 96804 44179 44504 420818 3282065 4961969 5272374 6603808 5423529 25543745 0.97330 0.97590 0.01020 0.00730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 366144 366144 394052 394052 1196059 300473 895586 1675782 Due from NMTC Investment - NMTC 356185 Land held for development 247455 Note receivable 8143746 SECURITY DEPOSITS 16406 8763792 false Golf Marathon 77655 77655 1920 14066 11th An'l Golf 33974 12838 21136 7670 3781 1226 1 18963 3125 15838 15427 130592 93618 36974 9590 3781 30719 44090 -7116 false 0 0 Food/shelter/training 6360 318041 Personal evaluations X 366361 thrift str val X 14 4057 actual amt rec 1649291 cost false false false Form 990, Part VI, Line 11b: Form 990 Review Process The Board Audit committee and the Associate Director review the 990 prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annual topic of Board meetings and annual signed commitments. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management A Staff hierarchy chart is compiled in the order of staff position and pay scale is determined by market value and by comparison to other Missions through shared information mail lists. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees A Staff hierarchy chart is compiled in the order of staff position and pay scale is determined by market value and by comparison to other Missions through shared information mail lists. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization's governing documents are made available to the public at request. CVRM NMTC Project Holdings P O Box 10660 Indio CA 92201 452479650 Lessor of real estate CA 501(c)(3) Line 11A,I Coachella Valley Rescue Mission true false false false true false false false false false false true false false true false false false true false CVRM NMTC Project Holdings d 10982400 Actual $ CVRM NMTC Project Holdings k 119000 Actual $ CVRM NMTC Project Holdings n 931607 Actual $ CVRM NMTC Project Holdings r 10947 Actual $ CVRM NMTC Project Holdings Note 1 - Organization:In August 2011, the Organization entered into a New Markets Tax Credit (NMTC) transaction to help finance the construction of its new facility. The new 43,000 square foot facility opened in November 2011. The Mission created CVRM NMTC Project Holdings (NMTC) for the sole purpose of facilitating the NMTC transaction as a Qualified Active Low Income Community Business (QALICB). NMTC Project Holdings holds the project property to be leased back to the Mission for the Mission's sole purpose of operating its business and furthering its mission to aid those less fortunate.The New Markets Tax Credit Program was designed to stimulate investment and economic growth in low-income communities by offering a seven-year, 39% federal tax credit for Qualified Equity Investments (QEI) made through investment vehicles known as Community Development Entities (CDE). CDE's use capital derived from tax credits to make loans to or investments in businesses and projects in low-income areas.As part of the transaction, the Organization committed to lend $8,143,746 to LCD New Markets Fund X, LLC, the Investment Fund. The amount borrowed at closing on August 25, 2011 amounted to $8,143,746, referred to as "Loan A" (see note 4).Neither the Mission nor NMTC Project Holdings controls or has economic interest in the assets of either QEI or the CDEs. The QEI is controlled and wholly owned by Chase Bank and the Investment Fund controls and funds the CDE.To earn the tax credit the QEI must remain invested in the CDE for a seven-year period. The Mission and Chase Bank have entered into a put/call option agreement to take place at the end of the seven-year period. Under the agreement, Chase Bank can exercise the put option within 90 days of the seven-year period, the Mission can exercise a call option to purchase the interest of the QEI at an appraised fair market value. (See notes following for further disclosure on NMTC transaction.)Note 2 - Operating leases:As part of the transaction discussed in Note 1, NMTC entered into an agreement to lease its facility to the Mission to conduct its operations The terms of the lease are from December 2011 through December 2041. NMTC has provided for a rent subsidy for first seven years of the lease through December 2018.The net lease payments, net of subsidies, amount to $119,000 per year through December 2018. Annual rent payments thereafter range from $424,450 to $789,603 per year from December 2019 through December 2041.Note 3 - Note Receivable:During the year ended December 31, 2011, the Organization issued a note receivable in the amount of $8,143,746 to LCD New Markets Fund X, LLC, the Investment Fund in connection with the development of NMTC Project Holdings as described in note 1. The note bears interest at .50% per annum payable annually, with principal payments starting December 2018 through December 2036 in annual payments ranging from $159,269 to $608,193.Note 4 - Notes payable - NMTCNMTC had two notes payable at December 31, 2011 consisting of the following:Note payable (Loan A) payable to LCD New Markets Fund X, LLC, the Investment Fund in original amount of $8,143,476. Annual interest payments at .50%, with principal payments starting December 2018 through December 2036 in annual payments ranging from $159,269 to $608,193. Loan secured by new facility.Note Payable (Loan B) payable to LCD New Markets Fund X, LLC, the Investment Fund in original amount of $ 2,828,654. Annual interest payments at 2.67%, with principal payments starting December 2018 through December 2027 in annual payments ranging from $83,477 to $400,071. Loan secured by new facility.