Sierra Business Council
- Assets
- $3.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Truckee, CA
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 68-0397204
Organization Overview
Sierra Business Council is located in Truckee, CA. The organization was established in 1997. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Sierra Business Council employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sierra Business Council 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 12/2022, Sierra Business Council generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CATALYZE AND DEMONSTRATE INNOVATIVE APPROACHES AND SOLUTIONS TO INCREASE COMMUNITY VITALITY, ECONOMIC PROSPERITY, ENVIRONMENTAL QUALITY, AND SOCIAL FAIRNESS IN THE SIERRA NEVADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONCOMIC EMPOWERMENT: SIERRA BUSINESS COUNCILS SMALL BUSINESS DEVELOPMENT CENTER (SBDC) SERVES RURAL NORTHEASTERN CALIFORNIA WITH BUSINESS DEVELOPMENT AND IMPROVEMENT SERVICES, INCLUDING IMPROVING ACCESS TO CAPITAL, LINKING TO JOB TRAINING SERVICES, AND COUNSELING BUSINESSES ON INCORPORATING SOCIAL AND ENVIRONMENTAL VALUES.IN 2022, THE SIERRA SMALL BUSINESS DEVELOPMENT CENTER SERVED 900 CLIENTS; PROVIDED 4,000 HOURS OF COUNSELING; CONDUCTED NUMEROUS WORKSHOPS ATTENEDED BY MORE THAN 1500 INDIVIDUALS; PARTICIPATED IN MORE THAN 20 NEW BUSINESS STARTUPS; RETAINED OR CREATED 2,500 NEW JOBS; AND LEVERAGED $25,000,000 IN NEW CAPITAL INVESTMENT IN BUSINESSES IN THE REGION. THE SBDC PROVIDED DIRECT TECHNICAL ASSISTANCE TO ASSIST BUSINESSES WITH ACCESSING NUMEROUS LOCAL AND REGIONAL MICROGRANT PROGRAMS. SBC ALSO INFUSED $8 MILLION IN LOANS, GRANTS, AND OTHER CAPITAL IN THE REGION AND CONTINUED ITS OWN LOCALLY SOURCED COMMUNITY CAPITAL FUND, THE RESILIENCE FUND, TO PROVIDE MICROLOANS TO SMALL BUSINESSES.SBC CONTINUED TO MANAGE A REVOLVING LOAN FUND AND EXPANDED ITS FIRST-TIME HOMEBUYER DOWN PAYMENT ASSISTANCE FUND.SBC HOSTED THE GOLD COUNTRY BROADBAND CONSORTIUM, EXPANDING ACCESS TO BROADBAND SERVICES IN RURAL REGIONS THROUGH DIRECT TECHNICAL ASSISTANCE AND LEVERAGING STATE AND FEDERAL FUNDING FOR REGIONAL PROJECTS. SBC ALSO ADDED TWO NEW PROGRAMS, A REGIONAL BIOMASS AGGREGATION SYSTEMS ANALYSIS DESIGNED TO CREATE LOCAL GOVERNANCE MODELS IN ORDER TO AGGREGATE BIOMASS FOR COMMERCIALIZATION, AND A REGIONAL WOOD UTILIZATION BUSINESS AND WORKFORCE DEVELOPMENT INITIATIVE DESIGNED TO INCREASE THE NUMBER OF WOOD UTILIZATION BUSINESSES AND WORKERS.SBC CONTINUED HOSTING THE REGIONAL GEOTOURISM WEB PLATFORM GARNERING HUNDREDS OF THOUSANDS OF VIRTUAL VISITS TO THE REGION, SPOTLIGHTING MORE THAN 1,500 BUSINESSES AND DESTINATIONS; AND THE LAKE TAHOE WATER TRAIL, A COLLABORATIVE PROJECT TO BOOST VISITORSHIP AND SAFETY ALONG THE SHORES OF LAKE TAHOE.
CLIMATE AND ENERGY: SIERRA BUSINESS COUNCILS ENERGY SERVICES PROJECTS WORK DIRECTLY WITH SIERRA BUSINESSES AND LOCAL GOVERNMENTS, LINKING SUSTAINABLE ECONOMIES TO THRIVING COMMUNITIES THROUGH ENERGY EFFICIENCY RETROFITS, GREENHOUSE GAS EMISSION INVENTORIES, ENERGY ACTION PLANS, AND CLIMATE ACTION PLANNING.IN 2022, SBC WORKED WITH NUMEROUS COMMUNITIES DEVELOPING GREENHOUSE GAS INVENTORIES, ENERGY ACTION PLANS, CLIMATE ACTION PLANS, REGIONAL CLIMATE ADAPTATION AND MITIGATION STRATEGIES, AND INCORPORATING SIERRA NEVADA GOALS INTO STATE POLICIES RELATED TO CLIMATE, WATER, AND FIRE.SBC ADDED A NEW CLIMATE PROGRAM IN 2022, THE CLIMATE TRANSFORMATION ALLIANCE, A REGIONAL CLIMATE PLANNING COLLABORATIVE IN NEVADA AND PLACER COUNTIES, CALIFORNIA.SBC HOSTED THE SIERRA CLIMATE ADAPTATION AND MITIGATION PARTNERSHIP, A COLLABORATIVE PROJECT WITH THE GOVERNORS OFFICE OF PLANNING AND RESEARCH AND THE ALLIANCE OF REGIONAL COLLABORATIVES FOR CLIMATE ADAPTATION, WITH MORE THAN 50 LOCAL PARTNERS FOCUSED ON PREPARING THE REGION FOR CLIMATE CHANGE.
REGIONAL ADVOCACY: SIERRA BUSINESS COUNCIL ACTS AS A REGIONAL POLICY AND ANALYSIS VOICE FOR THE SIERRA NEVADA, FOCUSING ON NATURAL RESOURCE MANAGEMENT POLICY, FOREST MANAGEMENT AND WILDFIRE MITIGATION POLICY, BIOMASS, BIOENERGY, AND VALUE-ADDED WOOD PRODUCT DEVELOPMENT, REGIONAL ECONOMIC DEVELOPMENT POLICY, CLIMATE POLICY, AND BROADBAND DEPLOYMENT. SBC DEVELOPS RESEARCH AND MATERIALS TO HELP INFORM PUBLIC DEBATE AND ENGAGEMENT.IN 2022, SBC WORKED TO INCLUDE RURAL CLIMATE POLICY IN CALIFORNIA STATE PRIORITIES THROUGH THE CALIFORNIA STATE CONSERVANCIES, THE NATURAL RESOURCES AGENCY, THE CALIFORNIA AIR RESOURCES BOARD, AND THE CALIFORNIA DEPARTMENT OF CONSERVATION. SBC PARTNERED WITH NUMEROUS ENTITIES AND COALTIONS TO ADVANCE ECONOMIC DEVELOPMENT POLICY, INCLUDING THE CALIFORNIA STEWARDSHIP NETWORK, CALIFORNIA FORWARD, AND PARTNERSHIPS WITH MORE THAN 70 STATE AND REGIONAL BUSINESS ORGANIZATIONS.SBC WORKED WITH LOCAL AND REGIONAL PARTNERS TO DEVELOP A STRATGEY TO EXPAND ACCESS TO HOUSING FOR LOW TO MEDIUM INCOME SIERRA RESIDENTS. EACH OF SIERRA BUSINESS COUNCILS PROGRAMMATIC FOCAL AREAS INCORPORATE AN EDUCATIONAL AND LEADERSHIP DEVELOPMENT COMPONENT IN PURSUIT OF ITS EDUCATIONAL MISSION, AUGMENTED BY CONTINUED LEADERSHIP IN THE CALIFORNIA ECONOMIC SUMMIT, ALLIANCE OF REGIONAL COLLABORATIVES FOR CLIMATE ADAPTATION, CALIFORNIA STEWARDSHIP NETWORK, LARGE LANDSCAPE CONSERVATION NETWORK, STATE ENERGY EFFICIENCY COLLABORATIVE, LOCAL GOVERNMENT SUSTAINABLE ENERGY COALITION, RURAL SMART GROWTH TASK FORCE, CALIFORNIA DELIVERS, SIERRA CLIMATE ADAPTATION AND MITIGATION PARTNERSHIP, SIERRA WATERSHED IMPROVEMENT PROGRAM, CALIFORNIA BIOENERGY ASSOCIATION; AND ONGOING REGIONAL CONVENING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Frisch President | Officer | 40 | $149,676 |
Kristin York Vice President | Officer | 40 | $128,029 |
Michelle Bassard VP Finance&ops | Officer | 40 | $114,157 |
Jason Moghaddas Board Member | Trustee | 2 | $0 |
Betony Jones Board Member | Trustee | 2 | $0 |
Dennis Meyer Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Energy Based Solutions Llc Consulting | 12/30/16 | $169,958 |
University Of California Davis Project Consulting | 12/30/16 | $134,255 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $798,658 |
| All other contributions, gifts, grants, and similar amounts not included above | $227,641 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,026,299 |
| Total Program Service Revenue | $1,284,701 |
| Investment income | $862 |
| 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 | $2,316,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $435,446 |
| Compensation of current officers, directors, key employees. | $59,851 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $820,799 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $107,383 |
| Payroll taxes | $94,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,523 |
| Fees for services: Accounting | $16,200 |
| Fees for services: Lobbying | $55,200 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $448,742 |
| Advertising and promotion | $7,376 |
| Office expenses | $4,739 |
| Information technology | $56,543 |
| Royalties | $0 |
| Occupancy | $33,555 |
| Travel | $11,282 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,322 |
| Interest | $10,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,491 |
| Insurance | $41,881 |
| All other expenses | $45,925 |
| Total functional expenses | $2,285,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,007 |
| Savings and temporary cash investments | $1,908,785 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $665,502 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $553,449 |
| Inventories for sale or use | $5,117 |
| Prepaid expenses and deferred charges | $15,319 |
| Net Land, buildings, and equipment | $30,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,931 |
| Total assets | $3,438,943 |
| Accounts payable and accrued expenses | $143,814 |
| Grants payable | $0 |
| Deferred revenue | $158,630 |
| 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 | $684,987 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $358,674 |
| Total liabilities | $1,346,105 |
| Net assets without donor restrictions | $1,593,213 |
| Net assets with donor restrictions | $499,625 |
| 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 | $3,438,943 |