Nonprofit · EIN 23-7442785
VALENCIA COLLEGE FOUNDATION
Also known as CAMIDARIS RIVERA VEGA
Tax-exempt · ORLANDO, FL 32811
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $16,557,804 | $7,609,093 | $8,948,711 | $117,634,301 | $576,289 | $117,058,012 |
| March 31, 2024 | 990 | $11,380,776 | $8,993,316 | $2,387,460 | $114,551,094 | $619,936 | $113,931,158 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $4,987,545
- of which government grants
- $322,497
- Program service revenue
- $1
- Investment income
- $11,445,257
- Net gain from sales of assets
- $631,586
- Net income from fundraising events
- $125,001
- Other revenue
- $125,001
Expenses
- Grants and similar amounts paid
- $5,077,848
- Other salaries and wages
- $881,881
- Salaries, compensation and benefits (total)
- $1,166,958
- Professional fundraising fees
- $0
- Accounting fees
- $47,000
- Travel
- $11,397
- Program services (functional)
- $5,425,266
- Management and general (functional)
- $1,791,148
- Fundraising (functional)
- $392,679
Balance sheet and other
- Total assets, start of year
- $114,551,094
- Total assets, end of year
- $117,634,301
- Total liabilities, end of year
- $576,289
- Net assets, end of year
- $117,058,012
- Land, buildings and equipment
- $2,603,062
- Publicly traded securities
- $97,939,509
- Net assets without donor restrictions
- $17,028,270
- Net assets with donor restrictions
- $100,029,742
- Gross receipts
- $25,392,818
- Employees
- 0
- Volunteers
- 62
- Year formed
- 1974
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANGELA MENDOLARO | AVP, MAJOR G Highest-paid employee | 40 | $0 | $155,420 | $83,018 |
| OSCAR CRISTANCHO | FOUNDATION C Officer | 8 | $0 | $184,417 | $53,353 |
| KATHERINE FAGAN | DIR. OF ACCO Highest-paid employee | 40 | $0 | $108,146 | $35,670 |
| CARLEE THOMAS | EXECUTIVE DI Officer | 40 | $0 | $86,313 | $34,216 |
| VICKI PUGH | INTERIM EXEC Officer | 13 | $0 | $31,500 | $0 |
| JANICE ABREW-CORIANO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT AGRUSA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WAYMON ARMSTRONG | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SHARON ARROYO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| IRIS ARTZE-VEGA | EX-OFFICIO V Trustee or director | 1 | $0 | $0 | $0 |
| DAVID BERELSMAN | BOARD SECRET Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVEN BURRISS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALAN BYRD | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRUCE CARLSON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVE COLLIER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
27 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARI CONLEY | MEMBER Trustee or director | 1 | $0 |
| STEVEN DAVIS | MEMBER Trustee or director | 1 | $0 |
| PATRICIA J ENGFER | AUDIT CHAIR Trustee or director | 1 | $0 |
| JENNIFER ENGLERT | MEMBER Trustee or director | 1 | $0 |
| CAROLYN M FENNELL | MEMBER Trustee or director | 1 | $0 |
| K SUE FOREMAN | MEMBER Trustee or director | 1 | $0 |
| DARREN HINSHAW | MEMBER Trustee or director | 1 | $0 |
| JULIO C MARTINEZ JR | MEMBER Trustee or director | 1 | $0 |
| MICHAEL NICHOLA JR | MEMBER Trustee or director | 1 | $0 |
| RICHARD T MCCREE JR | BOARD DEVELO Trustee or director | 1 | $0 |
| LISA MACON | MEMBER Trustee or director | 1 | $0 |
| JOHN MARTINEZ | EX-OFFICIO V Trustee or director | 1 | $0 |
| MARITZA MARTINEZ-GUERRERO | MEMBER Trustee or director | 1 | $0 |
| DERRICK L MCRAE | MEMBER Trustee or director | 1 | $0 |
| JEFF MOCK | TREASURER/FI Trustee or director, Officer | 1 | $0 |
| JOSHUA MURDOCK | MEMBER Trustee or director | 1 | $0 |
| BROCK NICHOLAS | MEMBER Trustee or director | 1 | $0 |
| DIANE O'DELL | PAST BOARD C Trustee or director, Officer | 1 | $0 |
| BRADLEY PIERCE | MEMBER Trustee or director | 1 | $0 |
| ALEXANDER POREDA | MEMBER Trustee or director | 1 | $0 |
| LEE K RAMBEAU | MEMBER Trustee or director | 1 | $0 |
| NORA RODRIGUEZ-PATTERSON | MEMBER Trustee or director | 1 | $0 |
| TOUFIC SIMAAN | MEMBER Trustee or director | 1 | $0 |
| LENNON CHIP TATUM | MEMBER Trustee or director | 1 | $0 |
| SHERRI TORRES | BOARD VICE C Trustee or director, Officer | 1 | $0 |
| BRIAN WEBER | MEMBER Trustee or director | 1 | $0 |
| CHRIS WHITNEY | MEMBER Trustee or director | 1 | $0 |
990 for the year ended March 31, 2024: 38 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES R GALBRAITH | INTERIM EXEC Key employee | 14 | $0 | $221,418 | $10,489 |
| OSCAR CRISTANCHO | FOUNDATION C Highest-paid employee | 8 | $0 | $148,428 | $4,971 |
| JANICE ABREW-CORIANO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT AGRUSA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WAYMON ARMSTRONG | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SHARON ARROYO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| IRIS ARTZE-VEGA | MEMBER (NON- Trustee or director | 1 | $0 | $0 | $0 |
| DAVID BERELSMAN | BOARD SECRET Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALAN BYRD | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRUCE CARLSON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVE COLLIER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KARI CONLEY | ADVANCEMENT Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN S DAVIS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA J ENGFER | AUDIT CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| CAROLYN M FENNELL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| K SUE FOREMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DARREN HINSHAW | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JULIO C MARTINEZ JR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL NICHOLA JR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD T MCCREE JR | BOARD DEVELO Trustee or director | 1 | $0 | $0 | $0 |
| LISA MACON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MARITZA MARTINEZ-GUERRERO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BISHOP DERRICK L MCRAI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEFF MOCK | TREASURER/FI Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSHUA MURDOCK | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BROCK NICHOLAS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DIANE O'DELL | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROSEMARY O'SHEA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRADLEY PIERCE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALEXANDER POREDA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LEE K RAMBEAU | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| NORA RODRIGUEZ-PATTERSON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TOUFIC SIMAAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TRACEY STOCKWELL | MEMBER (NON- Trustee or director | 1 | $0 | $0 | $0 |
| LENNON CHIP TATUM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SHERRI TORRES | BOARD VICE C Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN WEBER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHRIS WHITNEY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1800 S KIRKMAN RD, ORLANDO, FL 32811-2302
- In care of
- % GERALDINE GALLAGHER
- Principal officer (990 for 2024)
- CARLEE THOMAS, 1800 SOUTH KIRKMAN ROAD, ORLANDO, FL 32811
- Signed the 990
- OSCAR CRISTANCHO, FOUNDATION CFO
- Phone
- (407) 582-3150
- Website
- WWW.VALENCIA.ORG
- Return prepared by
- BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC
Mission
THE VALENCIA COLLEGE FOUNDATION ADVANCES AND SERVES THE VALENCIA COLLEGE COMMUNITY THROUGH PARTNERSHIPS AND PHILANTHROPY.
Program accomplishments
- THE FOUNDATION SUPPORTS THE ACTIVITIES OF VALENCIA COLLEGE BY MAKING DIRECT CONTRIBUTIONS TO THE COLLEGE. THE FOUNDATION'S GUIDING PRINCIPLES INCLUDE THE FOLLOWING: (1) TO STEWARD THE RESOURCES ENTRUSTED TO OUR CARE (2) TO MAKE ENHANCEMENTS OF STUDENT LEARNING THE CENTER OF OUR WORK (3) TO PROVIDE OPPORTUNITIES TO INDIVIDUALS WHO MIGHT NOT OTHERWISE BE ABLE TO ATTEND COLLEGE (4) TO INVEST WISELY AND CONSERVATIVELY (5) TO PARTNER WITH THE COLLEGE TO MEET ITS MISSION IN THE COMMUNITY (6) TO COMMUNICATE OPENLY, FREQUENTLY AND HONESTLY WITH OUR CONSTITUENTS (7) TO HONOR THE PRIVACY OF OUR DONORS AND FRIENDS (8) TO ENSURE WE MEET BOTH THE LETTER AND THE SPIRIT OF THE LAWS THAT GOVERN OUR WORK.
- THE FOUNDATION DISBURSED 2.9 MILLION IN SCHOLARSHIPS TO STUDENTS OF VALENCIA COLLEGE. THE MAJORITY OF THE SCHOLARSHIPS AWARDED ARE FUNDED BY DONATIONS FROM ORGANIZATIONS AND INDIVIDUALS INTERESTED IN SUPPORTING STUDENTS THROUGH ENDOWED SCHOLARSHIP FUNDS OR GIFTS FOR IMMEDIATE USE.Expenses $3,325,266 · grants $2,977,848 · revenue $1
- THE FOUNDATION ALSO HELPS TO ELEVATE VALENCIA COLLEGE BY SEEKING FUNDING FOR A VARIETY OF ACADEMIC INITIATIVES AND PROGRAMS. THROUGH DONOR SUPPORT, THE FOUNDATION DISBURSED 2.1 MILLION TO THE COLLEGE THIS YEAR FOR ACADEMIC ENHANCEMENTS.Expenses $2,100,000 · grants $2,100,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7442785
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1976
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $117,634,301
- Income (IRS master file)
- $25,392,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $16,557,804 | $7,609,093 | $117,634,301 | XML |
| 990 | March 2024 | $11,380,776 | $8,993,316 | $114,551,094 | XML |
| 990 | March 2023 | $11,628,505 | $7,447,323 | $108,236,547 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7442785).
Questions about VALENCIA COLLEGE FOUNDATION
- What is the EIN of VALENCIA COLLEGE FOUNDATION?
- The employer identification number (EIN) of VALENCIA COLLEGE FOUNDATION is 23-7442785.
- Is VALENCIA COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to VALENCIA COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALENCIA COLLEGE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALENCIA COLLEGE FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALENCIA COLLEGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of VALENCIA COLLEGE FOUNDATION?
- The 990 for the year ended March 31, 2025 names CARLEE THOMAS.
- Who are the officers and directors of VALENCIA COLLEGE FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 42 people; 0 received compensation from the organization.
- How much revenue does VALENCIA COLLEGE FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $16,557,804, expenses of $7,609,093 and total assets of $117,634,301 at year end.
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