Civic Intelligence

Carmel Valley Manor Foundation

990 • Fiscal year 2020 • EIN 82-2771192

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 26, 2021

Organization ProfileN/A
8545 Carmel Valley RdCarmel, CA 93923

(831) 624-1281

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

10th percentile

-30%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

79th percentile

$301,690

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 64.3% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

48th percentile

6.3%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-78%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$15,702,549

Up $924,154 (+6.3%) from 2019

Net Assets

Up

$15,702,549

Up $925,154 (+6.3%) from 2019

Liabilities

Down

$0

Down $1,000 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin10th percentile

Revenue

Down

$469,335

Down $1,655,477 (-78%) from 2019

Expenses

Down

$608,047

Down $58,104 (-8.7%) from 2019

Net Income

Down

-$138,712

Down $1,597,373 (-110%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2018: $11,928,448Liabilities 2018: $0Net Assets 2018: $11,928,4482018Assets 2019: $14,778,395Liabilities 2019: $1,000Net Assets 2019: $14,777,3952019Assets 2020: $15,702,549Liabilities 2020: $0Net Assets 2020: $15,702,5492020Assets 2021: $17,483,288Liabilities 2021: $0Net Assets 2021: $17,483,2882021Assets 2022: $14,479,362Liabilities 2022: $0Net Assets 2022: $14,479,3622022Assets 2023: $15,315,231Liabilities 2023: $0Net Assets 2023: $15,315,2312023Assets 2024: $17,087,353Liabilities 2024: $291Net Assets 2024: $17,087,0622024

Highlighted filing

2020

Assets$15,702,549
Liabilities$0
Net Assets$15,702,549
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2018: $12,334,302Expenses 2018: $478,660Net Income 2018: $11,855,6422018Revenue 2019: $2,124,812Expenses 2019: $666,151Net Income 2019: $1,458,6612019Revenue 2020: $469,335Expenses 2020: $608,047Net Income 2020: -$138,7122020Revenue 2021: $1,085,708Expenses 2021: $665,247Net Income 2021: $420,4612021Revenue 2022: $653,574Expenses 2022: $791,631Net Income 2022: -$138,0572022Revenue 2023: $1,645,634Expenses 2023: $1,004,639Net Income 2023: $640,9952023Revenue 2024: $1,694,087Expenses 2024: $660,346Net Income 2024: $1,033,7412024

Highlighted filing

2020

Revenue$469,335
Expenses$608,047
Net Income-$138,712
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 26, 2021
Return Version
2020v4.0
Gross Receipts
$469,335
Mission and Program Overview

Mission

The mission of Carmel Valley Manor Foundation is to prudently manage the assets of the Foundation in order to provide Carmel Valley Manor with funds as needed and to seek other sources of funds to increase its asset base.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,344,459$15,620,357▲ $1,275,898
Savings and Temporary Cash Investments$94,085$0▼ $94,085
Accounts Receivable$332,444$57,000▼ $275,444
Cash and Non-Interest-Bearing Accounts$7,407$25,192▲ $17,785
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$14,778,395$15,702,549▲ $924,154
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,000--
Total Liabilities$1,000$0▼ $1,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,647,040$8,082,880▲ $435,840
Net Assets Without Donor Restrictions$7,130,355$7,619,669▲ $489,314
Total Net Assets Fund Balance$14,777,395$15,702,549▲ $925,154
Total Liabilities and Net Assets / Fund Balance$14,778,395$15,702,549▲ $924,154

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$14,770,988$90,086▲ $1,443,023$626,730$15,677,367
2019$11,920,800$1,688,118▲ $1,772,822$610,752$14,770,988
2018-$13,457,407▼ $946,124$590,483$11,920,800
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleOtherTotal
Jay ZimmerPresident & CEO$80,615$80,615

Board Members and Trustees

NameTitle
Susan FreelandChair
Harry HansonVice-Chair
Gerald KitchenDirector
John MahoneyDirector
John StaplesDirector
RB Busch IIIDirector
Enrique MonteroFinance Director
Jane IpsenFmr Pres. & CEO
Iathan AnnandSecretary
Christopher SteinbrunerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$90,086
Program Service Revenue
$0
Investment Income
$379,157
Other Revenue
$92
All Other Contributions
$14,059
Change in Net Assets
$-138,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$524,916
Other Expenses$83,131
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$524,916--$524,916
Fees for Service Investment Mgmnt Fees-$53,823-$53,823
Fees for Services Accounting-$10,860-$10,860
Other Expenses-$9,332-$9,332
Insurance-$5,854-$5,854
Fees for Services Legal-$3,102-$3,102
Office Expenses-$160-$160
Total Functional Expenses$524,916$83,131$0$608,047
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carmel Valley ManorCarmel, CA501 (c) (3)Fundraising support to charit. act.$524,916
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“990 is prepared by outside CPA. Finance Committee reviews the 990 and provides a complete draft to the Board of Directors for approval before filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Governance Committee distributes and reviews; identifies any conflict at the annual meeting of the Board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Copies are placed in the Resident's Library and copies will be sent or emailed to individuals or entities on request”

Filing and Contact Details

Filer

Filer Name
Carmel Valley Manor Foundation
EIN
82-2771192
Phone
8316241281
Address
8545 Carmel Valley Rd, Carmel, CA 93923

Signing Officer

Name
Jay Zimmer
Title
President & CEO
Signed
2021-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Zimmer
Formed
2017
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
McGilloway Ray Brown & Kaufman
Address
379 WEST MARKET STREET, SALINAS, CA 93901
Preparer
Patricia M Kaufman CPA
Phone
8314242737
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“The endowment funds are retained in perpetuity to provide increasing income to the manor and may be used only to meet the statutory reserve requirements of the State of California or to meet unforeseen emergencies if the organization's funds are insufficient additionally, these funds are used for funding improvements which will substantially improve the quality of life for residents at the manor.”

Part X : FIN48 Footnote

“The Foundation believes that it has appropriate support for any tax positions taken, and therefore does not have any uncertain tax positions that are material to the financial statements for the years ended December 31, 2020.”

Raw XML AppendixShowing 400 of 531 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01000
IRS990/AccountsReceivableGrp/BOYAmt0332444
IRS990/AccountsReceivableGrp/EOYAmt057000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The mission of Carmel Valley Manor Foundation is to prudently manage the assets of the Foundation in order to provide Carmel Valley Manor with funds as needed and to seek other sources of funds to increase its asset base.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt014059
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Enrique Montero
IRS990/BooksInCareOfDetail/PhoneNum08316241281
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08545 Carmel Valley Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Carmel
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093923
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt07407
IRS990/CashNonInterestBearingGrp/EOYAmt025192
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt090086
IRS990/CYGrantsAndSimilarPaidAmt0524916
IRS990/CYInvestmentIncomeAmt0379157
IRS990/CYOtherExpensesAmt083131
IRS990/CYOtherRevenueAmt092
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-138712
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0608047
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0469335
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The Carmel Valley Manor Foundation manages the Carmel Valley Manor Investment Fund. Carmel Valley Manor Foundation is to build and maintain an adequate level of unrestricted net assets to support Carmel Valley Manor in the event of unforeseen shortfalls. This reserve fund may also be used for one-time, nonrecurring expenses that will build long-term capacity, such as staff development, research and development, or investment in infrastructure. The Carmel Valley Manor Foundation has an Investment Policy whose objective is long-term growth and preservation of capital. The Carmel Valley Manor Foundation Investment Committee formulates the overall investment strategy and monitors and evaluates the performance results for compliance with the Investment Policy.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt07647040
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt08082880
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0524916
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010860
IRS990/FeesForServicesAccountingGrp/TotalAmt010860
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03102
IRS990/FeesForServicesLegalGrp/TotalAmt03102
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt053823
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt053823
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt036.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt136.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt236.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt021367
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt118068
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Jane Ipsen
IRS990/Form990PartVIISectionAGrp/PersonNm1Enrique Montero
IRS990/Form990PartVIISectionAGrp/PersonNm2Jay Zimmer
IRS990/Form990PartVIISectionAGrp/PersonNm3Susan Freeland
IRS990/Form990PartVIISectionAGrp/PersonNm4Harry Hanson
IRS990/Form990PartVIISectionAGrp/PersonNm5Iathan Annand
IRS990/Form990PartVIISectionAGrp/PersonNm6Christopher Steinbruner
IRS990/Form990PartVIISectionAGrp/PersonNm7RB Busch III
IRS990/Form990PartVIISectionAGrp/PersonNm8John Staples
IRS990/Form990PartVIISectionAGrp/PersonNm9John Mahoney
IRS990/Form990PartVIISectionAGrp/PersonNm10Gerald Kitchen
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0280323
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1160735
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Fmr Pres. & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Finance Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt2President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0524916
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0524916
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0524916
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0469335
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt05854
IRS990/InsuranceGrp/TotalAmt05854
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0379157
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0379157
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014344459
IRS990/InvestmentsPubTradedSecGrp/EOYAmt015620357
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of Carmel Valley Manor Foundation is to prudently manage the assets of the Foundation in order to provide Carmel Valley Manor with funds as needed and to seek other sources of funds to increase its asset base.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt014777395
IRS990/NetAssetsOrFundBalancesEOYAmt015702549
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01063866
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07130355
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07619669
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0160
IRS990/OfficeExpensesGrp/TotalAmt0160
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Administrative Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09332
IRS990/OtherExpensesGrp/TotalAmt09332
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt092
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt092
IRS990/OtherRevenueTotalAmt092
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jay Zimmer
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01688118
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0558264
IRS990/PYInvestmentIncomeAmt0436694
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0107887
IRS990/PYRevenuesLessExpensesAmt01458661
IRS990/PYTotalExpensesAmt0666151
IRS990/PYTotalRevenueAmt02124812
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-138712
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt076027
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt094085
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0946050476
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0524916
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Carmel Valley Manor
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0524916
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.48400
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt014770988
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt090086
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt015677367
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01443023
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0626730
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt011920800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01688118
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt014770988
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01772822
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0610752
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt013457407
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt011920800
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-946124
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0590483
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.35800
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment funds are retained in perpetuity to provide increasing income to the manor and may be used only to meet the statutory reserve requirements of the State of California or to meet unforeseen emergencies if the organization's funds are insufficient additionally, these funds are used for funding improvements which will substantially improve the quality of life for residents at the manor.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation believes that it has appropriate support for any tax positions taken, and therefore does not have any uncertain tax positions that are material to the financial statements for the years ended December 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.15800
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0524916
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (c) (3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Fundraising support to charit. act.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Carmel Valley Manor
IRS990ScheduleI/RecipientTable/RecipientEIN0946050476
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08545 Carmel Valley Rd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Carmel
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd093923
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0160735
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1280323
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04644
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17718
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt013424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt113649
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Enrique Montero
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Jane Ipsen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Finance Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Fmr Pres. & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0178803
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1301690
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,702,549
Liabilities
$0
Net assets
$15,702,549
Revenue
$469,335
Expenses
$608,047
Net income
-$138,712
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.1$0.00$17.1$1.69$0.66$1.03
2023Detailed filing. Detailed filing data is available for this year.$15.3$0.00$15.3$1.65$1.00$0.64
2022Detailed filing. Detailed filing data is available for this year.$14.5$0.00$14.5$0.65$0.79$0.14
2021Detailed filing. Detailed filing data is available for this year.$17.5$0.00$17.5$1.09$0.67$0.42
2020Detailed filing. Detailed filing data is available for this year.$15.7$0.00$15.7$0.47$0.61$0.14
2019Detailed filing. Detailed filing data is available for this year.$14.8$0.00$14.8$2.12$0.67$1.46
2018Detailed filing. Detailed filing data is available for this year.$11.9$0.00$11.9$12.3$0.48$11.9