Public Charity

DESERT COLLEGE FINANCING CORP

DESERT COLLEGE FINANCING CORP, of INDIO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $10.2M in revenue, $3.7M in expenses, $126.6M in total assets.

EIN: 465056625 INDIO, CA Human Service Organizations NTEE: P20 Latest filing: 2025

Total Revenue$10.2M

Total Expenses$3.7M

Total Assets$126.6M

Grant Records0

Filing Years2021–2025

Mission

THE ORGANIZATION WAS ORGANIZED FOR THE PURPOSE OF PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE RESIDENTS OF INDIO, CA (THE "CITY"), INCLUDING THE DESERT COMMUNITY COLLEGE DISTRICT (THE "DISTRICT") AND OTHER LOCAL GOVERNMENT ENTERPRISES, THROUGH THE RENDERING OF FINANCIAL ASSISTANCE THERETO. THE ORGANIZATION WILL ACCOMPLISH THIS PRIMARILY THROUGH THE ACQUISITION, LEASING OR SELLING OF BUILDINGS, BUILDING IMPROVEMENTS, ETC. FOR THE BENEFIT OF RESIDENTS OF THE CITY, THE DISTRICT AND SURROUNDING AREAS.THE ORGANIZATION ACQUIRED A CERTAIN PARCEL OF REAL PROPERTY AND EXISITING FACILITIES SITUATED IN RIVERSIDE COUNTY, CALIFORNIA (THE "FACILITY") BY LEASE AND LEASED THE FACILITY BACK TO THE DISTRICT. THE FACILITY IS OPERATED AS AN EDUCATION CENTER BY THE DISTRICT.

Where $100 goes at Desert College Financing Corp

How Desert College Financing Corp divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself

<$1 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100

The organization is a qualified active low income community business under internal revenue code section 45d, and has engaged in a new markets tax credit transaction (the "transaction")

All program spending

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Diana Guijarro

VICE CHAIR Diane Rubin

MEMBER Jan Harnik

MEMBER Jonathan Nicks

MEMBER Ruben Perez

PRESIDENT Val Martinez Garcia

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$10.2M	$3.7M	$126.6M
2024	$3.7M	$1.1M	$105.6M
2023	$948K	$277K	$18.9M
2022	$19.0M	$17.0M	—
2021	$410K	$543K	$16.9M

Between 2021 and 2025, reported annual revenue grew from $410K to $10.2M (+2390%), with total assets most recently reported at $126.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DESERT COLLEGE FINANCING CORP

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