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Franklin Neighborhood Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465011667 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is Franklin Neighborhood Development Corporation?

Franklin Neighborhood Development Corporation is a nonprofit organization situated in Sacramento, California, with a primary focus on fostering economic growth and business development within the local community. The organization specializes in offering tailored programs to support small businesses, acting as a crucial urban, community economic development entity. By providing these resources, Franklin Neighborhood Development Corporation plays a significant role in bolstering the growth and success of local enterprises.

Is Franklin Neighborhood Development Corporation legitimate?

Franklin Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Neighborhood Development Corporation submitted a form 990EZ, 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.

What is the mission statement of Franklin Neighborhood Development Corporation?

The Franklin Neighborhood Development Corporation serves as an urban community economic development organization, focusing on providing business and economic assistance to local small enterprises. Their mission, in essence, is to facilitate the growth of these businesses, offering them the necessary resources and support. Operating in an unspecified location, their primary objective is to contribute positively to the economic development of their community.

Who is the CEO of Franklin Neighborhood Development Corporation?

Jorge Plascencia is the President of Franklin Neighborhood Development Corporation.

What is the revenue of Franklin Neighborhood Development Corporation?

Franklin Neighborhood Development Corporation's revenue in 2022 was $66,547.

Who are the executives of Franklin Neighborhood Development Corporation and what are their salaries?


Here are 13 key members and their salaries:


Jorge Plascencia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Clark (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Cable (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Herrera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aniceto Balingit Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Chong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Cornejo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Ortiz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Ramos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Batovac (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Ellis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keaton Riley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Macias Reed (Deputy Director)
  • Compensation: $20,543
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Franklin Neighborhood Development Corporation?

Franklin Neighborhood Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Franklin Neighborhood Development Corporation

The Franklin Neighborhood Development Corporation, as a community economic development organization, is dedicated to aiding the growth of small local businesses. Situated in Sacramento, California, this nonprofit specializes in providing economic and business development programs. Its mission is to support the expansion and success of these local enterprises, ultimately contributing to the overall prosperity of the community.

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Impact




August, 2024

Franklin Neighborhood Development Corporation's impact can be seen in the thriving small local businesses it supports through its economic and business development programs. By specializing in assisting and nurturing the growth of local businesses in Sacramento, CA, this organization plays a vital role in the economic vitality and community improvement of the city.




This information is meant to be a general summary of Franklin Neighborhood Development Corporation. 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.

Revenue
$66,547 (2022)
Expenses
$132,852 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $66,547

Assets and Liabilities:

  • Total Assets: $186,129
  • Total Liabilities: $62,781
  • Net Assets: $123,348

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Organization Details

Principal Officer

Jorge Plascencia

Main Address

5383 FRANKLIN BLVD C, SACRAMENTO, CA, 95820

NTEE Category

Code: S30 - Community improvement

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