2013-09-03T09:36:18-07:00 2012-12-31 Lund & Guttry LLP 39700 Bob Hope Drive Ste 309 Rancho Mirage CA 92270 990 2012-01-01 952684844 Coachella Valley Rescue Mission COAC 7603473512 47-470 Van Buren Indio CA 92201 Darla Burkett 2013-08-27 true Gary W Dack P00626592 7605682242 2012 2016-02-24 21:20:13Z Darla Burkett 5272374 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. 12 12 55 1400 0 4414208 4788277 77859 80097 1359410 -13347 390643 337527 6242120 5192554 164066 297016 0 1052056 1202048 0 519755 1845602 2398423 3061724 3897487 3180396 1295067 10191467 10191619 2058192 800825 8133275 9390794 X To serve those in need by sharing the saving grace of Jesus Christ through the provision of food, shelter, clothing and spiritual recovery. true false 2883211 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 2012, The Mission served 170,000 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 8,000 food boxes were distributed throughout the year which served over 19,000 adults and 10,000 children in families who had to make the choice between food and rent. Over 57,000 bed-nights were provided. The mission was blessed with over 19,000 hours of volunteer help from the community who helped meet these immense needs. 2883211 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 5 0 true 55 true false false false false false false true true false 0 false false false true false false false false false false X 12 12 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 Joe Hayes 2.00 0.00 X 0 0 0 Corky S Emett 3.00 0.00 X 0 0 0 Rich Warfield 1.00 0.00 X 0 0 0 Cathy Helmstadter 1.00 0.00 X 0 0 0 Connie Dorst 1.00 0.00 X 0 0 0 Bill Heck 3.00 0.00 X 0 0 0 Erik Jensen 2.00 0.00 X 0 0 0 Edward Alderson 6.00 0.00 X 0 0 0 Julie Hodges 2.00 0.00 X 0 0 0 Chris Holmes 2.00 0.00 X X 0 0 0 Jim Parrish 5.00 0.00 X X 0 0 0 Bruce Durkee 4.00 0.00 X X 0 0 0 Floyd Rhoades 8.00 0.00 X X 0 0 0 Sue Meyers 40.00 0.00 X 75305 0 1108 Darla Burkett 40.00 0.00 X 96487 0 7440 171792 8548 0 false false false 0 32994 304240 4451043 1286278 4788277 Program income 80097 80097 80097 41009 41009 0 0 61889 61889 61889 61889 54356 -54356 -54356 -54356 10341 32994 25464 -15123 0 193957 193957 193957 Reimbursements 624200 48376 48376 Property management 624200 32500 32500 Ground lease income 624200 12771 12771 3157 3157 96804 5192554 378391 41009 0 297016 297016 0 0 171793 109947 44666 17180 0 828179 530035 215327 82817 0 98408 71211 9801 17396 103668 55311 26954 21403 0 17194 17194 58034 58034 0 0 0 53169 44752 4153 4264 319847 319847 25974 17309 1059 7606 0 0 341691 322314 11010 8367 59915 54203 2856 2856 0 0 135782 135782 0 412203 383349 25969 2885 105509 79132 21102 5275 Property taxes 26951 24255 1887 809 Programs/casemanagment 58347 58347 Demolition expenses 61875 61875 Food service 1064749 1043454 21295 -342817 -269299 -102568 29050 3897487 2883211 494521 519755 406079 351594 226554 438317 161715 51604 126886 86427 0 0 2680 3158 0 8790 33758 629386 199801 461587 429585 0 0 0 0 8797176 8797176 10191467 10191619 96940 115492 660555 685333 1300697 2058192 800825 X 7745006 9339190 388269 51604 8133275 9390794 10191467 10191619 1295067 -37548 X false true X true false X 2885648 2144015 3011564 4414208 4788277 17243712 133521 157899 254935 294270 346284 1186909 0 0 0 3019169 2301914 3266499 4708478 5134561 18430621 0 0 18430621 1303 53 15566 18160 41009 76091 0 1303 53 15566 18160 41009 76091 0 235331 96804 332135 3020472 2301967 3282065 4961969 5272374 18838847 0.97830 0.98190 0.00400 0.00250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 291358 291358 59090 59090 258938 258938 199801 -199801 429585 Note receivable 8143746 Land held for development 247456 Investment - NMTC 405974 8797176 false 10th An'l Golf 27341 17000 10341 9000 2970 506 Various events 15994 15994 12988 43335 32994 10341 9000 2970 13494 25464 -15123 false 0 0 Food/shelter/training 4500 297016 Personal evaluations X 99716 Thrift str val X 11 5825 Actual $ received X 19 941344 Cost false false false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization's governing documents are made available to the public at request. Form 990, Part VI, Line 15b 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 15a 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 12c 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 11b 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 III, Line 2 Form 990, Part III, Line 2: New Services The Mission enriched programs through development of curriculum flow through scheduling, aligning and developing volunteer teachers to meet the program goals. Pathways services were identified for people needing immediate case management helping them acquire the needed identification, housing and services to achieve their goals. Additional staffing of a Chaplain to help with the program class schedules and spiritual guidance. Fundraising success and completion of building campaign including a final donation to pay off the $1.2m loan in March 2012. Created additional volunteer/Board involved fundraising CVRM Committees to meet operation fundraising goals. Added substantial safety/emergency program and staff training. 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 true false false false false false false CVRM NMTC Project Holdings m 931607 Actual $ CVRM NMTC Project Holdings k 119000 Actual $ CVRM NMTC Project Holdings d 10982400 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 $744,175 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 security by new facility.Note Payable (Loan B) payable to LCD New Markets Fund X, LLC, the Investment Fund in original amount of $ 2,838,654. 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.