Coachella Valley Economic Partnership

Community development organization based in Palm Springs, CA. 6 employees. Exempt under §501(c)(3).

MissionCVEP 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.

EIN
33-0642485
State
CA
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 2 years

Financial snapshot · TY 2023

$945K
Total revenue
$1.1M
Total expenses
$179K
Net assets

Financial health · TY 2023

56
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-2.7 months of expenses
Program efficiency
89
85.5% spent on programs
Revenue diversity
100
Mix of program fees, grants & contributions

Leadership compensation

$183,748
93th percentile vs. peers

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Coachella Valley Economic Partnership Executive Compensation | 990 Data | DoubleNine