Visalia Economic Development Corporation
- Assets
- $198.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Visalia, CA
- Founding
- 12/1998
- Data as of
- 06/2024
- EIN
- 77-0422186
Organization Overview
Visalia Economic Development Corporation is located in Visalia, CA. The organization was established in 1998. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visalia Economic Development Corporation 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 06/2024, Visalia Economic Development Corporation generated $127.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $124.0k during the year ending 06/2024. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stan Canby Director | 1 | $0 | |
Rick Feder Director | 1 | $0 | |
Matt Graham Director | 1 | $0 | |
Carrie Groover Director | 1 | $0 | |
Stacy Heaton Director | 1 | $0 | |
Jey Lacey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,814 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,750 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,572 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $81,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,067 |
| Other expenses | $31,217 |
| Total expenses | $123,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,189 |
| Other assets | $0 |
| Total assets | $198,189 |
| Total liabilities | $0 |
| Net assets or fund balances | $198,189 |