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Nonprofit · EIN 86-1027630

RIO SALADO FOUNDATION

Tax-exempt · TEMPE, AZ 85280

Financials

$80K$54K2023$347K$60K2024
Revenue Expenses · by fiscal year end
Financials of RIO SALADO FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$346,711$59,532$287,179$2,598,136$57,588$2,540,548
December 31, 2023990$80,264$53,881$26,383$2,399,714$78,033$2,321,681
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,500
Program service revenue
$0
Investment income
$309,211
Net gain from sales of assets
$239,492
Other revenue
$12,000

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,260
Accounting fees
$13,600
Travel
$524
Management and general (functional)
$50,631
Fundraising (functional)
$8,901

Balance sheet and other

Total assets, start of year
$2,399,714
Total assets, end of year
$2,598,136
Total liabilities, end of year
$57,588
Net assets, end of year
$2,540,548
Net assets without donor restrictions
$1,283,668
Net assets with donor restrictions
$1,256,880
Gross receipts
$1,831,531
Employees
0
Volunteers
30
Year formed
2001
State of legal domicile
AZ

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BEN CILEKTREASURER
Trustee or director, Officer
2$0
JOHN GRAHAMVICE CHAIRMA
Trustee or director, Officer
2$0
MICHAEL MARTINDIRECTOR
Trustee or director
2$0
NINA MULLINSDIRECTOR
Trustee or director
2$0
ROBIN-ARREDONDO SAVAGEDIRECTOR
Trustee or director
2$0
SHANNON SCUTARISECRETARY
Trustee or director, Officer
2$0
MANJULA M VAZDIRECTOR
Trustee or director
2$0
COREY WOODSCHAIRMAN
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
BEN CILEKTREASURER
Trustee or director, Officer
2$0
COLIN DIAZDIRECTOR
Trustee or director, Officer
2$0
JOHN GRAHAMVICE CHAIRMA
Trustee or director, Officer
2$0
MICHAEL MARTINDIRECTOR
Trustee or director
2$0
NINA MULLINSDIRECTOR
Trustee or director
2$0
SHANNON SCUTARISECRETARY
Trustee or director, Officer
2$0
COREY WOODSCHAIRMAN
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 1737, TEMPE, AZ 85280-1737
Principal officer (990 for 2024)
BEN CILEK, PO BOX 1737, TEMPE, AZ 852801737
Signed the 990
BEN CILEK, TREASURER
Phone
(480) 473-0245
Return prepared by
FESTER & CHAPMAN PLLC

Mission

THE MISSION OF THE RIO SALADO FOUNDATION IS TO ENSURE THE SUCCESS OF THE RIO SALADO PROJECT AS A MAJOR REGIONAL DESTINATION AND URBAN DEVELOPMENT THROUGH THE CREATION OF PUBLIC/PRIVATE PARTNERSHIPS VIA A COMPREHENSIVE AND ONGOING CAPITAL FUNDRAISING CAMPAIGN.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRAMMING COSTS WERE INCURRED PREPARING INFORMATION TO PRESENT TO THE COMMUNITY LEADERS AND POTENTIAL DONORS, ASSISTING IN THE DESIGN AND IMPLEMENTATION OF PROJECTS DONATED BY CORPORATIONS AND INDIVIDUALS TO THE CHARITY INCLUDING PUBLIC WORKS PROJECTS AND PARKS.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-1027630
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,598,136
Income (IRS master file)
$1,831,531

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$346,711$59,532$2,598,136XML
990December 2023$80,264$53,881$2,399,714XML
990December 2022$22,484$51,951$2,117,129IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 86-1027630).

Questions about RIO SALADO FOUNDATION

What is the EIN of RIO SALADO FOUNDATION?
The employer identification number (EIN) of RIO SALADO FOUNDATION is 86-1027630.
Is RIO SALADO FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to RIO SALADO FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RIO SALADO 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 RIO SALADO FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIO SALADO FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RIO SALADO FOUNDATION?
The 990 for the year ended December 31, 2024 names BEN CILEK.
Who are the officers and directors of RIO SALADO FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does RIO SALADO FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $346,711, expenses of $59,532 and total assets of $2,598,136 at year end.

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