Ihub San Joaquin
- Assets
- $242.8k
- Revenue
- $277.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Stockton, CA
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 47-2195886
Organization Overview
Ihub San Joaquin is located in Stockton, CA. The organization was established in 2015. According to its NTEE Classification (J11) the organization is classified as: Single Organization Support, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ihub San Joaquin is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ihub San Joaquin generated $277.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 45.2% each year . All expenses for the organization totaled $271.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HELP PEOPLE GROW IDEAS. WE DEVELOP NEW PARTNERSHIPS, STIMULATE ECONOMIC DEVELOPMENT, CREATE NEW JOBS, AND NURTURE ENTREPRENEURSHIP AND ENTERPRISES DEDICATED TO INNOVATIVE AND EMERGING TECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IHUB2 PROGRAM LEVERAGES AWARDED GRANT FUNDING TO ENHANCE THE CAPACITY OF THE REGION'S ACCESS TO SMALL BUSINESS EDUCATION AND ENTREPRENEUR RESOURCES OR TRAINERS.
THE INNOVATION SUMMIT FEATURES A SMALL BUSINESS EXPO AND SPEAKER SESSIONS ON RESOURCES TO HELP SMALL BUSINESSES ACCELERATE. AND TECHNOLOGIES THAT ARE TRANSCENDING THE GREEN ECONOMY IN CALIFORNIA. THE GOAL OF THE ANNUAL MEETING & INNOVATION SUMMIT IS TO PROVIDE A REGIONAL LINK TO INNOVATION IN THE VALLEY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenna Butler Garcia Chair | OfficerTrustee | 8 | $0 |
Randy Saffold Vice Chair | OfficerTrustee | 8 | $0 |
Bob Gutierrez Treasurer | OfficerTrustee | 8 | $0 |
Greg Diederich Secretary | OfficerTrustee | 8 | $0 |
Angelina Abella Board Member | Trustee | 4 | $0 |
Johnny Arguelles Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $258,199 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,827 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $277,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $237,741 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,124 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,313 |
| Advertising and promotion | $10,435 |
| Office expenses | $557 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,328 |
| All other expenses | $9,459 |
| Total functional expenses | $270,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,822 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $242,822 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $111,755 |
| Net assets with donor restrictions | $131,067 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $242,822 |
Grants Awarded
Over the last fiscal year, Ihub San Joaquin has awarded $230,241 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN AMERICAN CHAMBER OF SAN JOAQUIN FOUNDATION PURPOSE: SMALL BUSINESS ED AND ENTREPRENEUR RESOURCES | $27,219 |
ENVIRONMENTAL JUSTICE COALITION FOR WATER PURPOSE: SMALL BUSINESS ED AND ENTREPRENEUR RESOURCES | $20,000 |
KOMMUNITY HUB NORCAL PURPOSE: SMALL BUSINESS ED AND ENTREPRENEUR RESOURCES | $23,011 |
HUDDLE CO-WORK CREATE PURPOSE: SMALL BUSINESS ED AND ENTREPRENEUR RESOURCES | $36,980 |
MAIN STREET LAUNCH PURPOSE: SMALL BUSINESS ED AND ENTREPRENEUR RESOURCES | $20,420 |
PORT LABS PURPOSE: SMALL BUSINESS ED AND ENTREPRENEUR RESOURCES | $19,721 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Retail Services Los Angeles, CA | $9,928,682 | $53,941,384 |
Bay Area Counties Roofing Waterproofing Livermore, CA | $5,043,724 | $2,072,052 |
Construction Teamsters Training And Upgrading Fund For Southern Califo Covina, CA | $2,116,948 | $1,487,703 |
Abc Nevada Chapter Southern Division Apprenticeship Trust Fund Reno, NV | $3,792,542 | $1,105,243 |
Pathfinder Clubhouse Corvallis, OR | $424,958 | $814,004 |
Korean Register Of Shipping Inc Buena Park, CA | $50,054 | $345,000 |
Ihub San Joaquin Stockton, CA | $242,822 | $277,827 |
California Association Of Recreation And Park Districts Roseville, CA | $106,780 | $201,363 |
Oregon Afscme Council 75 Building Corporation Salem, OR | $1,740,706 | $357,972 |
Mary Katherine Dixson Trust Uw Fbo Goodwill Rehabilitation Enter Las Vegas, NV | $1,156,464 | $34,857 |
Goodwill Industries Of San Joaquin Valley Foundation Inc Stockton, CA | $928,390 | $58,425 |
Teamsters Joint Training Trust Fund Peoria, AZ | $0 | $0 |
Jds Community Services Moreno Valley, CA | $1,755 | $0 |
Central City Concern Foundation Portland, OR | $0 | $0 |