Overview
What is Teamcalifornia Economic Development Corp?
Teamcalifornia Economic Development Corp is a nonprofit organization headquartered in Corona, California, specifically at 11762 De Palma Road Suite C 3, with a single employee dedicated to its operations. The primary mission of this organization is to foster business investment and growth within California. They achieve this goal through various means, including internet advertising, participating in trade shows, and conducting business missions. These activities aim to attract investment and retain existing jobs within the state, ultimately contributing to the economic prosperity of California's residents.
Official website here: www.teamca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Teamcalifornia Economic Development Corp has received an 82% rating from Charity Navigator, which reflects a solid three-star rating based entirely on its Accountability & Finance score. This rating indicates that the organization demonstrates strong financial health and accountability practices, which are crucial for building trust with donors and stakeholders.
The organization excels in several key areas, including having a majority of independent board members and no material diversion of assets. Additionally, it maintains a high program expense ratio of 90.05%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. The presence of documented board meeting minutes and a conflict of interest policy further enhances its credibility.
However, the organization does have some limitations, notably the absence of a whistleblower policy and a document retention and destruction policy, both of which are essential for robust governance. While these factors do not severely undermine its overall financial health, addressing them could strengthen its accountability framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Teamcalifornia Economic Development Corp legitimate?
Teamcalifornia Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teamcalifornia Economic Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $75,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,600
For more financial information, click here
Official website here: www.teamca.org
What is the mission statement of Teamcalifornia Economic Development Corp?
Teamcalifornia Economic Development Corp's mission is centered around fostering business investment and growth within California. This objective is aimed at creating job opportunities for the local population. The organization uses various strategies to achieve this, including internet advertising, participation in trade shows, public relations, and conducting business missions. These efforts are designed to promote and attract businesses, ultimately contributing to the economic development and job market of California.
Official website here: www.teamca.org
Who is the CEO of Teamcalifornia Economic Development Corp?
Robin Reimold is the Principal Officer of Teamcalifornia Economic Development Corp. The CEO's salary of Teamcalifornia Economic Development Corp is $45,481 and their total compensation is $45,481.
Official website here: www.teamca.org
What is the revenue of Teamcalifornia Economic Development Corp?
Teamcalifornia Economic Development Corp's revenue in 2022 was $186,835.
Official website here: www.teamca.org
Who are the executives of Teamcalifornia Economic Development Corp and what are their salaries?
The average compensation at Teamcalifornia Economic Development Corp during 2022 was $85,687. There is 1 employee and 19 volunteers at Teamcalifornia Economic Development Corp.
Here are 20 key members and their salaries (Teamcalifornia Economic Development Corp's CEO's salary is $45,481 and their total compensation is $45,481):
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Official website here: www.teamca.org
Where can I find the form 990 for Teamcalifornia Economic Development Corp?
Teamcalifornia Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teamca.org
Learn more at the official website: www.teamca.org
Mission Statement of Teamcalifornia Economic Development Corp
Teamcalifornia Economic Development Corp, as an organization, is committed to fostering business investment and growth within California. Their mission is to create job opportunities for Californians by promoting a conducive business environment. To achieve this, Teamcalifornia utilizes various strategies such as internet advertising, participating in trade shows, engaging in public relations, and conducting business missions. Their primary goal is to attract and retain businesses within the state, thereby contributing to the economic development of California.
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Impact
October, 2024
Teamcalifornia Economic Development Corp significantly impacts the California economy by actively promoting business investment and job retention within the state. Through strategic involvement in tradeshows, the organization showcases California as a prime destination for business growth, attracting investment that fosters job creation and economic stability.
The operations of Teamcalifornia leverage a combination of resources and expertise in various marketing approaches, including internet advertising, public relations, and business missions. This multifaceted strategy enhances visibility for California's business environment, thereby encouraging new enterprises to establish themselves in the region while supporting existing businesses to thrive. By focusing on community improvement, Teamcalifornia helps create a robust economic landscape that directly benefits Californians through increased employment opportunities and a healthier local economy.
This information is meant to be a general summary of Teamcalifornia Economic Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $186,835
- Gross Receipts: $186,835
Assets and Liabilities:
- Total Assets: $105,458
- Total Liabilities: $17,429
- Net Assets: $88,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$126,585
TRADESHOW INCOME
Revenue
$42,750
QUALIFIED SPONSORSHIPS
Revenue
$17,500
Organization Details
Founding Year
2006
Phone
(916) 967-9900Principal Officer
Robin Reimold
Main Address
11762 DE PALMA ROAD SUITE C 3, CORONA, CA, 92883
Website
www.teamca.orgNTEE Category
Code: S30 - Community improvement
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