Program areas at Coachella Valley Economic Partnership
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.
Who funds Coachella Valley Economic Partnership
Grants from foundations and other nonprofits
Personnel at Coachella Valley Economic Partnership
| Name | Title | Compensation | Date of data |
|---|
| Joe Wallace | Chief Executive Officer | $154,240 | 2023-08-30 |
| Deborah McGarrey | Member at Large | $0 | 2022-06-30 |
| Rick Axelrod | Treasurer / Secretary / Vice Chair | $0 | 2022-06-30 |
| Jan Harnik | Vice Chairman / Vice Chair / Secretary | $0 | 2022-06-30 |
| Todd Hooks | Vice Chair / Member | $0 | 2022-06-30 |
| ...and 11 more key personnel |
Financials for Coachella Valley Economic Partnership
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $681,683 | $817,600 | -16.6% |
| Program services | $443,262 | $275,244 | 61% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $4,358 | $243,109 | -98.2% |
| Total revenues | $1,129,303 | $1,335,953 | -15.5% |
Organizations like Coachella Valley Economic Partnership
| Organization | Type | Location | Revenue |
|---|
| Newark Alliance | 501(c)(3) | Newark, NJ | $4,232,490 |
| Cumberland Empowerment Zone Corpora | 501(c)(3) | Millville, NJ | $714,640 |
| Louisa Downtown Development Corpora | 501(c)(3) | Louisa, VA | $391,575 |
| West Central Nebraska Development District | 501(c)(3) | Ogallala, NE | $776,680 |
| College Park City-University Partnership | 501(c)(3) | College Park, MD | $510,265 |
| Changemakers Community Economic Development Corporation | 501(c)(3) | Hilo, HI | $379,542 |
| Greater Englewood Community Dev Corporation | 501(c)(3) | Chicago, IL | $433,881 |
| University District Development Association | 501(c)(3) | Spokane, WA | $377,624 |
| Carlisle Area Economic Development Corporation | 501(c)(3) | Carlisle, PA | $385,675 |
| Center Redevelopment Corporation | 501(c)(3) | South Hadley, MA | $1,511,770 |
Data update history
October 22, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 30, 2022
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
- Address
- 3111 E Tahquitz Canyon Way
- Palm Springs, CA 92262
- Metro area
- Riverside-San Bernardino-Ontario, CA
- County
- Riverside County, CA
- Website URL
- cvep.com/Â
- Phone
- (760) 340-1575
- Facebook page
- CoachellaValleyEconomicPartnershipÂ
- Twitter profile
- @cvepartnershipÂ
IRS details
- EIN
- 33-0642485
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1994
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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