California Community Economic Development Association
- Assets
- $713.6k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Los Angeles, CA
- Founding
- 11/1992
- Data as of
- 12/2021
- EIN
- 94-3080095
Organization Overview
California Community Economic Development Association is located in Los Angeles, CA. The organization was established in 1992. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, California Community Economic Development Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Community Economic Development Association 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 12/2021, California Community Economic Development Association generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CALIFORNIA COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION(CCEDA)IS A NON-PROFIT CORPORATION COMPRISED OF COMMUNITY BASED ORGANIZATIONS AND INDIVIDUALS INVOLVED IN ECONOMIC DEVELOPMENT ACTIVITIES. CCEDA SERVES AS A CLEARINGHOUSE FOR INFORMATION AND ACTION THAT ADVANCES THE FIELD OF COMMUNITY ECONOMIC DEVELOPMENT THROUGH TRAINING AND CONTINUING EDUCATION, TECHNICAL ASSISTANCE, AND ADVOCACY ON PUBLIC POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CALIFORNIA COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION(CCEDA)IS A NON-PROFIT CORPORATION COMPRISED OF COMMUNITY BASED ORGANIZATIONS AND INDIVIDUALS INVOLVED IN ECONOMIC DEVELOPMENT ACTIVITIES. CCEDA SERVES AS A CLEARINGHOUSE FOR INFORMATION AND ACTION THAT ADVANCES THE FIELD OF COMMUNITY ECONOMIC DEVELOPMENT THROUGH TRAINING AND CONTINUING EDUCATION, TECHNICAL ASSISTANCE, AND ADVOCACY ON PUBLIC POLICY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberto Barragan Executive Dir. | Trustee | 40 | $178,800 |
Kerry Doi Chairman | OfficerTrustee | 0.25 | $0 |
Georgia Berland Secretary | OfficerTrustee | 0.25 | $0 |
Pritika Ram S Vice Chair | OfficerTrustee | 0.25 | $0 |
Luis Granados N Vice Chair | OfficerTrustee | 0.25 | $0 |
Mark Wilson Treasurer | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,060 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,189,664 |
| All other contributions, gifts, grants, and similar amounts not included above | $424,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,615,724 |
| Total Program Service Revenue | $128,863 |
| Investment income | $1,526 |
| 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 | $1,765,453 |
| 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. | $180,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $184,386 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,841 |
| Payroll taxes | $27,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $344,951 |
| Advertising and promotion | $11,492 |
| Office expenses | $3,949 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,871 |
| Travel | $6,205 |
| 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 | $5,650 |
| Insurance | $7,402 |
| All other expenses | $5,534 |
| Total functional expenses | $1,815,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $523,653 |
| Savings and temporary cash investments | $122,720 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,277 |
| 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 | $17,804 |
| Net Land, buildings, and equipment | $3,138 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $713,592 |
| Accounts payable and accrued expenses | $48,151 |
| 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 | $117,166 |
| Total liabilities | $165,317 |
| Net assets without donor restrictions | $548,275 |
| Net assets with donor restrictions | $0 |
| 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 | $713,592 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that California Community Economic Development Association has recieved totaling $16,692.
| Awarding Organization | Amount |
|---|---|
Banc Of California Charitable Foundation Santa Ana, CA PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT ECONOMIC DEVELOPMENT PROGRAM | $7,500 |
Stanislaus Community Foundation Modesto, CA | | $5,692 |
Umpqua Bank Charitable Foundation Portland, OR PURPOSE: CCEDA IMPACTING AND SUPPORTING THRIVING COMMUNITIE | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Civic San Diego San Diego, CA | $12,596,747 | $8,835,597 |
Csac Finance Corporation Sacramento, CA | $22,360,310 | $12,934,423 |
Ampac Tri-State Cdc Inc Ontario, CA | $22,461,621 | $9,676,882 |
Local First Arizona Foundation Phoenix, AZ | $3,232,104 | $5,988,087 |
Inclusive Action For The City Los Angeles, CA | $6,839,271 | $6,785,637 |
Genesis La Economic Growth Corporation Los Angeles, CA | $84,073,617 | $20,248,596 |
Business Development Finance Corporation Tucson, AZ | $22,193,625 | $4,107,444 |
Economic Development Collaborative Ventura County Camarillo, CA | $6,956,185 | $3,790,106 |
Accessity San Diego, CA | $20,855,169 | $4,197,275 |
Polk Community Development Corporation Dallas, OR | $22,075,845 | $5,307,917 |
Sustainable Economic Enterprises Of Los Angeles Los Angeles, CA | $2,131,089 | $4,310,365 |
Historic Core Business Improvement District Property Owners Assoc Inc Los Angeles, CA | $576,634 | $2,619,214 |