Downey Kiwanis Foundation

Downey, CA
Tax-exempt since Nov. 1985
EIN: 95-4001578

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$480k (2024)

Expenses

$249k (2024)

Total Assets

$6.06M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$479,876

Expenses

$249,426

Net Income

$230,450

Net Assets

$6,059,762

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$91,750	19.1%
Interest Revenue	$0
Dividends	$322,135	67.1%
Sales of Assets	$65,991	13.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$238,333	95.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,059,762
Total Liabilities	$0
Net Assets	$6,059,762

Compensation

Key Employees and Officers	Compensation	Other
Carmen Vasquez (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Charles Pifer (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
Stephen Chu (Director)	$0	$0
John Casillas (Director)	$0	$0
Jason Cierpiszewski (Director)	$0	$0
Jesse Padilla (Director)	$0	$0

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990-PF

Filed on Feb. 21, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$308,563

Expenses

$310,926

Net Income

-$2,363

Net Assets

$5,830,511

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$65,650	21.3%
Interest Revenue	$0
Dividends	$258,126	83.7%
Sales of Assets	-$15,213
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$300,904	96.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,830,511
Total Liabilities	$0
Net Assets	$5,830,511

Compensation

Key Employees and Officers	Compensation	Other
Carmen Vasquez (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Charles Pifer (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
Stephen Chu (Director)	$0	$0
John Casillas (Director)	$0	$0
Doug Hall (Director)	$0	$0
Jason Cierpiszewski (Director)	$0	$0

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990-PF

Filed on Feb. 8, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$499,544

Expenses

$310,127

Net Income

$189,417

Net Assets

$5,836,766

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$256,905	51.4%
Interest Revenue	$0
Dividends	$243,352	48.7%
Sales of Assets	-$713
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$300,030	96.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,836,766
Total Liabilities	$0
Net Assets	$5,836,766

Compensation

Key Employees and Officers	Compensation	Other
Carmen Vasquez (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Charles Pifer (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
Stephen Chu (Director)	$0	$0
John Casillas (Director)	$0	$0
Doug Hall (Director)	$0	$0

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990-PF

Filed on March 6, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$463,198

Expenses

$175,188

Net Income

$288,010

Net Assets

$5,655,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$56,364	12.2%
Interest Revenue	$0
Dividends	$286,225	61.8%
Sales of Assets	$120,609	26.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$164,705	94.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,655,058
Total Liabilities	$0
Net Assets	$5,655,058

Compensation

Key Employees and Officers	Compensation	Other
Jerome Wetzstein (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Carmen Vasquez (Director)	$0	$0
Charles Pifer (Director)	$0	$0
Richard M Lehn (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
Stephen Chu (Director)	$0	$0

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990-PF

Filed on Feb. 24, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$201,179

Expenses

$119,770

Net Income

$81,409

Net Assets

$5,370,438

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,300	3.6%
Interest Revenue	$0
Dividends	$228,511	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$106,448	88.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,370,439
Total Liabilities	$1
Net Assets	$5,370,438

Compensation

Key Employees and Officers	Compensation	Other
Jerome Wetzstein (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Carmen Vasquez (Director)	$0	$0
Charles Pifer (Director)	$0	$0
Richard M Lehn (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
Rose Schneeberger (Director)	$0	$0
Stephen Chu (Director)	$0	$0

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990-PF

Filed on March 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$1,214,016

Expenses

$179,736

Net Income

$1,034,280

Net Assets

$5,290,883

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,052,731	86.7%
Interest Revenue	$151,633	12.5%
Dividends	$0
Sales of Assets	$9,652	0.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$161,142	89.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,290,884
Total Liabilities	$1
Net Assets	$5,290,883

Compensation

Key Employees and Officers	Compensation	Other
Jerome Wetzstein (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Carmen Vasquez (Director)	$0	$0
Charles Pifer (Director)	$0	$0
Richard M Lehn (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
John Casillas (Director)	$0	$0
Rose Schneeberger (Director)	$0	$0

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990-PF

Filed on May 28, 2020

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2018

Revenue

$311,271

Expenses

$141,922

Net Income

$169,349

Net Assets

$4,260,606

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$118,708	38.1%
Interest Revenue	$0
Dividends	$169,745	54.5%
Sales of Assets	$22,818	7.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$124,476	87.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,260,606
Total Liabilities	$0
Net Assets	$4,260,606

Compensation

Key Employees and Officers	Compensation	Other
Jerome Wetzstein (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Carmen Vasquez (Director)	$0	$0
Charles Pifer (Director)	$0	$0
Richard M Lehn (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
John Casillas (Director)	$0	$0
Rose Schneeberger (Director)	$0	$0

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990-PF

Filed on May 3, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$201,069

Expenses

$207,027

Net Income

-$5,958

Net Assets

$4,095,639

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$8,971	4.5%
Interest Revenue	$0
Dividends	$137,228	68.2%
Sales of Assets	$54,870	27.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$189,043	91.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,095,639
Total Liabilities	$0
Net Assets	$4,095,639

Compensation

Key Employees and Officers	Compensation	Other
Jerome Wetzstein (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Carmen Vasquez (Director)	$0	$0
Charles Pifer (Director)	$0	$0
Richard M Lehn (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Alan Frischer (Director)	$0	$0
John Casillas (Director)	$0	$0
Mariana Pacheco (Director)	$0	$0

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990-PF

Filed on May 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$169,314

Expenses

$253,958

Net Income

-$84,644

Net Assets

$4,106,915

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$25,572	15.1%
Interest Revenue	$5	0.0%
Dividends	$131,643	77.8%
Sales of Assets	$12,094	7.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$236,050	92.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,106,915
Total Liabilities	$0
Net Assets	$4,106,915

Compensation

Key Employees and Officers	Compensation	Other
Jerome Wetzstein (President)	$0	$0
Leslie Jones (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Carmen Vasquez (Director)	$0	$0
Charles Pifer (Director)	$0	$0
Richard M Lehn (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Frank Jimenez (Director)	$0	$0
Mariana Pacheco (Director)	$0	$0

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990-PF

Filed on May 12, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$236,837

Expenses

$371,199

Net Income

-$134,362

Net Assets

$4,195,328

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$28,769	12.1%
Interest Revenue	$8	0.0%
Dividends	$151,381	63.9%
Sales of Assets	$56,679	23.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$351,587	94.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,195,328
Total Liabilities	$0
Net Assets	$4,195,328

Compensation

Key Employees and Officers	Compensation	Other
Jerome Wetzstein (President)	$0	$0
Linda Kennedy (Secretary)	$0	$0
Gary Nesbit (Treasurer)	$0	$0
Carmen Vasquez (Director)	$0	$0
Leslie Jones (Director)	$0	$0
Charles Pifer (Director)	$0	$0
Richard M Lehn (Director)	$0	$0
Steve Roberson (Director)	$0	$0
Blanca Pacheco (Director)	$0	$0
Donald Cuevas (Director)	$0	$0

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990-PF

Filed on Aug. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$574,487

Expenses

$387,858

Net Income

$186,629

Net Assets

$4,329,690

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$20,950	3.6%
Program Services	$0
Investment Income	$190,849	33.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$3,337	0.6%
Sales of Assets	$359,351	62.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,332,614
Total Liabilities	$2,924
Net Assets	$4,329,690

Compensation

Key Employees and Officers	Compensation	Related	Other
Jerry Wetzstein (President)	$0	$0	$0
Linda Kennedy (Secretary)	$0	$0	$0
Gary Nesbit (Treasurer)	$0	$0	$0
Carmen Vasquez (Director)	$0	$0	$0
C Richard Holmes (Director)	$0	$0	$0
Charles Pifer (Director)	$0	$0	$0
Richard M Lehn (Director)	$0	$0	$0
Steve Roberson (Director)	$0	$0	$0
Donald Cuevas (Director)	$0	$0	$0
Ed Schneeberger (Director)	$0	$0	$0

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990

Filed on April 30, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$225,030

Expenses

$212,981

Net Income

$12,049

Net Assets

$4,143,061

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,100	2.3%
Program Services	$0
Investment Income	$175,562	78.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$44,368	19.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,143,061
Total Liabilities	$0
Net Assets	$4,143,061

Compensation

Key Employees and Officers	Compensation	Related	Other
Jerry Wetzstein (President)	$0	$0	$0
Linda Kennedy (Secretary)	$0	$0	$0
Gary Nesbit (Treasurer)	$0	$0	$0
Carmen Vasquez (Director)	$0	$0	$0
C Richard Holmes (Director)	$0	$0	$0
Charles Pifer (Director)	$0	$0	$0
Richard M Lehn (Director)	$0	$0	$0
Steve Roberson (Director)	$0	$0	$0
Jason Cierpiszeski (Director)	$0	$0	$0
Donald Cuevas (Director)	$0	$0	$0

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990

Filed on May 7, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$223,170

Expenses

$222,355

Net Income

$815

Net Assets

$4,131,012

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$157,682	70.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$65,488	29.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,131,012
Total Liabilities	$0
Net Assets	$4,131,012

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$219,243

Expenses

$200,237

Net Income

$19,006

Net Assets

$4,130,197

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,875	0.9%
Program Services	$0
Investment Income	$177,887	81.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$39,481	18.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,130,197
Total Liabilities	$0
Net Assets	$4,130,197

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Downey Kiwanis Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $480k (2024)

Expenses $249k (2024)

Total Assets $6.06M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

Revenue

$480k (2024)

Expenses

$249k (2024)

Total Assets

$6.06M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001