Peninsula Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942943240 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Peninsula Foundation Inc?

Peninsula Foundation Inc, based in Los Angeles, California, serves as a supporting entity for the West Coast headquarters of Opus Dei, a Personal Prelature of the Catholic Church. The foundation's main objective is to contribute financially to the expansion of doctrinal and religious activities in California. This includes sponsoring religious and doctrinal conferences, seminars, and retreats, providing necessary financial aid, and possessing the power to rent, buy, or sell property to further these purposes. Ultimately, the foundation aims to collaborate with Opus Dei to advance their religious and doctrinal endeavors in the state of California.


Official website here: www.peninsula-foundation.org

Is Peninsula Foundation Inc legitimate?

Peninsula Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.peninsula-foundation.org

What is the mission statement of Peninsula Foundation Inc?

The Peninsula Foundation Inc's mission is to collaborate with the Catholic Church's Personal Prelature of Opus Dei. This collaboration involves sponsoring religious and doctrinal conferences, seminars, and retreats, as well as providing financial aid. In addition to this, the foundation has the authority to rent, buy, or sell property to further these objectives. Furthermore, the foundation operates a residence for the permanent staff of the center, supporting the West Coast headquarters of Opus Dei and the expansion of doctrinal and religious activities in California.


Official website here: www.peninsula-foundation.org

Who is the CEO of Peninsula Foundation Inc?

John Wildes is the President of Peninsula Foundation Inc.


Official website here: www.peninsula-foundation.org

What is the revenue of Peninsula Foundation Inc?

Peninsula Foundation Inc's revenue in 2022 was $732,754.


Official website here: www.peninsula-foundation.org

Who are the executives of Peninsula Foundation Inc and what are their salaries?

Here are 5 key members and their salaries:

    John Wildes (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Luis Marti (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valentino Creus (Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Enrique Lopez-Ona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Cassar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.peninsula-foundation.org

    Where can I find the form 990 for Peninsula Foundation Inc?

    The Peninsula Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.peninsula-foundation.org

    Learn more at the official website: www.peninsula-foundation.org

    Mission Statement of Peninsula Foundation Inc

    Peninsula Foundation Inc, in alignment with the Personal Prelature of the Catholic Church Opus Dei, serves a crucial role in sponsoring religious and doctrinal conferences, seminars, and retreats. The organization provides financial assistance to further these purposes. In addition, Peninsula Foundation Inc holds the authority to rent, buy, or sell property to support these objectives. Furthermore, the foundation operates a residence for the permanent staff of the center, contributing to the cooperation with Opus Dei's West Coast headquarters and the expansion of doctrinal and religious activities in California.

    Impact

    This information is meant to be a general summary of Peninsula Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    Peninsula Foundation Inc's impact lies in supporting the West Coast headquarters of Opus Dei and facilitating the expansion of doctrinal and religious activities in California. By sponsoring religious and doctrinal conferences, seminars, retreats, and providing financial assistance, the foundation plays a crucial role in furthering the mission of Opus Dei in the region. Additionally, through its ability to manage property for these purposes and operate a residence for the permanent staff of the center, Peninsula Foundation Inc effectively contributes to the growth and sustenance of religious and doctrinal initiatives affiliated with Opus Dei in California.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $214,930
  • Gross Receipts: $732,754

    • Assets and Liabilities:
  • Total Assets: $4,533,601
  • Total Liabilities: $153,129
  • Net Assets: $4,380,472
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM REVENUE

    Revenue

    $151,737

    ROOM AND BOARD

    Revenue

    $62,400

    OTHER REVENUE

    Revenue

    $793

    Organization Details

    Founding Year

    1984

    Principal Officer

    John Wildes

    Main Address

    770 SOUTH WINDSOR BLVD, LOS ANGELES, CA, 90005

    NTEE Category

    Code: X22 - Religion related

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