AI Summary
Desert College Financing Corp is a nonprofit organization based in Indio, California, dedicated to promoting the common good and general welfare of local residents, particularly through financial assistance for undergraduate education and human services. With an operating budget of $1.1 million and total revenue of $3.7 million for the 2024 filing year, the organization focuses on acquiring, leasing, or selling buildings and improvements to benefit the Desert Community College District and surrounding areas. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE ORGANIZATION WAS ORGANIZED FOR THE PURPOSE OF PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE RESIDENTS OF INDIO, CA (THE "CITY"), INCLUDING THE DESERT COMMUNITY COLLEGE DISTRICT (THE "DISTRICT") AND OTHER LOCAL GOVERNMENT ENTERPRISES, THROUGH THE RENDERING OF FINANCIAL ASSISTANCE THERETO. THE ORGANIZATION WILL ACCOMPLISH THIS PRIMARILY THROUGH THE ACQUISITION, LEASING OR SELLING OF BUILDINGS, BUILDING IMPROVEMENTS, ETC. FOR THE BENEFIT OF RESIDENTS OF THE CITY, THE DISTRICT AND SURROUNDING AREAS.
Cause Areas
3
Undergraduate education
Human rights
Human services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is DESERT COLLEGE FINANCING CORP’s budget?
In 2024, DESERT COLLEGE FINANCING CORP reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does DESERT COLLEGE FINANCING CORP support?
DESERT COLLEGE FINANCING CORP supports work in Undergraduate education, Human rights, and Human services.
Where does DESERT COLLEGE FINANCING CORP operate?
DESERT COLLEGE FINANCING CORP is headquartered in Indio, CA.