2024-04-17T10:52:22-05:00 2023-06-30 330783299 OSBORNE RINCON CPAS 79245 CORPORATE CENTRE DRIVE LA QUINTA CA 92253 990 2022-07-01 330642485 COACHELLA VALLEY ECONOMIC PARTNERSHIP COAC 7603401575 3111 E TAHQUITZ CANYON WAY PALM SPRINGS CA 92262 JOE WALLACE CHIEF EXECUTIVE OFFICER 7603401575 2024-04-02 1 JOE WALLACE 999009999 0 LEE M OSBORNE CPA CFE P00160718 7607779805 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOE WALLACE 3111 E TAHQUITZ CANYON WAY PALM SPRINGS CA 92262 1165211 0 X WWW.CVEP.COM X 1994 CA FOSTER ECONOMIC DEVELOPMENT IN THE COACHELLA VALLEY. 30 1 6 0 0 0 681683 621917 443262 512662 0 0 4358 30632 1129303 1165211 0 0 0 0 635704 587765 0 0 0 657264 705245 1292968 1293010 -163665 -127799 638398 414305 584617 488323 53781 -74018 X CVEP SERVES INNOVATORS AND ENTREPRENEURS AT EVERY STAGE OF BUSINESS FROM INCUBATION TO LAUNCH TO DAILY OPERATION. THE ORGANIZATION MANAGES THE PALM SPRINGS IHUB, THE BUSINESS SERVICES CENTER AND ORGANIZES A ROBUST SCHEDULE OF PROFESSIONAL TRAINING EVENTS. 0 0 FOSTER ECONOMIC DEVELOPMENT IN THE COACHELLA VALLEY THROUGH EDUCATIONAL PROGRAMS AND MARKETING THE AREA TO ATTRACT BUSINESSES. CVEP BRINGS TOGETHER THE REGION'S PARTNERS INCLUDING BUSINESSES OF EVERY SIZE, THE NINE CITIES, UNINCORPORATED AREAS, THE TRIBAL GOVERNMENTS, REGIONAL GOVERNMENTS, AND THE GREATER PALM SPRINGS CONVENTION & VISITORS BUREAU TO MAKE OUR REGION A BETTER PLACE TO PROSPER IN A YEAR ROUND ECONOMY.THE PALM SPRINGS INNOVATION HUB (IHUB), MANAGED BY THE COACHELLA VALLEY ECONOMIC PARTNERSHIP, IS A STATE-DESIGNATED BUSINESS INCUBATOR FUNDED BY THE CITY OF PALM SPRINGS AND WELLS FARGO. THE IHUB FOCUSES ON EARLY-STAGE BUSINESSES IN THE FIELDS OF RENEWABLE ENERGY, HEALTH AND MEDICINE, AND DIGITAL TECHNOLOGY. THE PALM SPRINGS IHUB ALSO OFFERS THE PALM SPRINGS ACCELERATOR CAMPUS DESIGNED TO MITIGATE START-UP RISKS AND INCREASE THE PROBABILITY OF BUSINESSES PROSPERING AND GROWING INTO THE FUTURE. 1085566 543294 1085566 543294 1085566 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 6 1 0 0 0 0 0 0 0 0 0 0 X 30 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 CA X COACHELLA VALLEY ECONOMIC PARTNERSHIP 7603401575 3111 E TAHQUITZ CANYON WAY PALM SPRINGS CA 92262 X JAN HARNIK CHAIR 5.00 X X 0 0 0 TODD HOOKS VICE CHAIR 5.00 X X 0 0 0 RICK AXELROD TREASURER/SECRETARY 5.00 X X 0 0 0 DEBORAH MCGARREY CHAIR 5.00 X X 0 0 0 MOISES AGUIRRE TREASURER/SECRETARY 5.00 X X 0 0 0 JOE WALLACE CEO 40.00 X 177520 0 0 LAURA JAMES VICE PRESIDENT 40.00 X 101533 0 0 279053 0 0 2 0 1 0 0 488000 133917 621917 MANAGEMENT INCOME 541900 200000 200000 SUMMIT INCOME 541900 188067 188067 RENTAL INCOME 541900 124595 124595 512662 SELF GENERATED INCOME 541900 30632 30632 30632 1165211 543294 0 0 X 510336 443992 66344 35469 28730 6739 41960 36086 5874 244000 215738 28262 5316 5316 90163 72130 18033 678 339 339 127500 95625 31875 9513 9513 40876 40876 15350 7675 7675 TELEPHONE AND UTILITIES 111765 103941 7824 MEETINGS 20790 20790 REPAIR AND MAINTENANCE 20093 20093 DUES AND SUBSCRIPTIONS 16802 11929 4873 2399 2399 1293010 1085566 207444 0 451694 305215 66056 37743 1366278 1294931 113570 71347 7078 0 638398 414305 32899 48198 90000 70000 461718 370125 584617 488323 X 53781 -74018 53781 -74018 638398 414305 -127799 0 X 0 1 X 0 0 X 1030282 773500 780500 643500 621917 3849699 65100 21031 65100 151231 1095382 794531 845600 643500 621917 4000930 4000930 14 67 211 292 4001222 867872 0.99990 0.99990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1134561 1065243 69318 231717 229688 2029 71347 ACCRUED PAYROLL 25383 ACCRUED VACATION 44742 EIDL PAYABLE 300000 370125 1165211 0 1165211 0 1165211 1293010 0 1293010 0 1293010 1 X X X 0 0 0 0 0 0 0 0 0 JOE WALLACE CEO 174747 0 0 0 2773 0 0 0 0 0 177520 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CPA PREPARES THE FORM 990 AND THEN SUBMITS IT TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REVIEWS ANY CONFLICTS WITH THE EXECUTIVE BOARD FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE BOARD REVIEWS OUTSIDE INFORMATION FROM THE COACHELLA VALLEY AND LIKE ORGANIZATIONS IN APPROVING ANNUAL COMPENSATION WITH CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 9,600. MANAGEMENT AND GENERAL EXPENSES 2,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,000. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 103,450. MANAGEMENT AND GENERAL EXPENSES 25,862. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 129,312. EVENTS: PROGRAM SERVICE EXPENSES 102,688. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 102,688.