Overview
What is Greater Sacramento Area Economic Council?
The Greater Sacramento Area Economic Council is a nonprofit organization located in Sacramento, California. Their mission involves fostering a robust business environment in six surrounding counties through a public-private partnership. Their strategic plan focuses on four core pillars: growth, sustainability, equity, and competitiveness. The growth pillar aims to create high-wage job opportunities in the tradable sector, reducing reliance on government jobs. Sustainability focuses on retaining and expanding existing tradable-sector businesses in the region. Equity emphasizes developing apprenticeship networks, enhancing career access at regional companies, and providing upskilling, reskilling, and preparedness training for future industry opportunities. Lastly, competitiveness involves developing strategies, programs, and policy solutions to enhance tradable-sector economic development and benchmark regional progress against competitor markets, all with a total of 24 employees.
Official website here: www.selectsacramento.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star Rating
The Greater Sacramento Area Economic Council has received a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization achieved an overall score of 85%, indicating robust financial health and governance practices, which are crucial for donor confidence and long-term sustainability.
One of the notable strengths of the council is its fully independent board, which consists of ten members, scoring a perfect 10 out of 10. Additionally, the council has demonstrated exceptional practices in areas such as conflict of interest policies, whistleblower protections, and proper document management, all contributing to its solid accountability framework.
While the rating is favorable, it is based solely on accountability and finance metrics, which may not provide a comprehensive view of the organization's overall impact and effectiveness in fulfilling its mission. Potential donors and stakeholders might seek additional information on the council's programs and outreach initiatives to gain a fuller understanding of its community contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Sacramento Area Economic Council legitimate?
Greater Sacramento Area Economic Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Sacramento Area Economic Council 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: $1,028,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,637,430
For more financial information, click here
Official website here: www.selectsacramento.com
What is the mission statement of Greater Sacramento Area Economic Council?
The Greater Sacramento Area Economic Council operates as a public-private partnership, dedicated to retaining, attracting, and creating sustainable businesses in six counties. Their mission is multifaceted, focusing on several key areas. Firstly, they aim to stimulate growth by promoting jobs in the tradable sector, reducing dependency on government employment, and creating high-wage opportunities. Secondly, they concentrate on sustainability by retaining and expanding existing tradable-sector businesses within the region. The third pillar of their mission is equity, which involves fostering apprenticeship networks, enhancing access to careers at regional companies, and expanding training for upskilling, reskilling, and preparing the next generation for industry opportunities. Lastly, they prioritize competitiveness by developing strategies, programs, and policy solutions to boost tradable-sector economic development and benchmark regional progress against competitor markets.
Official website here: www.selectsacramento.com
Who is the CEO of Greater Sacramento Area Economic Council?
Barry Broome is the President & Ceo of Greater Sacramento Area Economic Council. The CEO's salary of Greater Sacramento Area Economic Council is $728,573 and their total compensation is $746,516.
Official website here: www.selectsacramento.com
What is the revenue of Greater Sacramento Area Economic Council?
Greater Sacramento Area Economic Council's revenue in 2022 was $3,467,560.
Official website here: www.selectsacramento.com
Who are the executives of Greater Sacramento Area Economic Council and what are their salaries?
The average compensation at Greater Sacramento Area Economic Council during 2022 was $111,096. There are 24 employees at Greater Sacramento Area Economic Council.
Here are 77 key members and their salaries (Greater Sacramento Area Economic Council's CEO's salary is $728,573 and their total compensation is $746,516):
- Compensation: $728,573
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- Other: $17,943
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- Other: $21,452
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Official website here: www.selectsacramento.com
Where can I find the form 990 for Greater Sacramento Area Economic Council?
Greater Sacramento Area Economic Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.selectsacramento.com
Learn more at the official website: www.selectsacramento.com
Mission Statement of Greater Sacramento Area Economic Council
The Greater Sacramento Area Economic Council, a public-private partnership, is committed to retaining, attracting, and creating sustainable businesses across six counties. Their mission is multifaceted, focusing on growth, sustainability, equity, and competitiveness. Under the growth pillar, they aim to foster the growth of tradable-sector jobs, reducing dependence on government jobs and creating high-wage opportunities. The sustainability pillar focuses on the retention and expansion of existing tradable-sector businesses in the region. The equity pillar emphasizes the development of apprenticeship networks, expanding career access at regional companies and enhancing training for upskilling, reskilling, and preparing for next-generation industry opportunities. Lastly, the competitiveness pillar involves the creation of strategies, programs, and policy solutions to enhance tradable-sector economic development and benchmark regional progress against competitor markets.
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Impact
July, 2024
The Greater Sacramento Area Economic Council is driving significant impact in the region by working to retain, attract, and create sustainable businesses across six counties. Through its strategic plan focusing on growth, sustainability, equity, and competitiveness, the council is actively growing tradable-sector jobs, retaining and expanding businesses, enhancing access to careers through apprenticeship networks, and developing strategies to enhance economic development and benchmark regional progress. This approach is not only helping to reduce dependency on government jobs but also creating high-wage opportunities and fostering lasting change in the region.
This information is meant to be a general summary of Greater Sacramento Area Economic Council. 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.
- Investment Income: $25,606
- Program Service Revenue: $39,814
- Gross Receipts: $3,718,177
Assets and Liabilities:
- Total Assets: $15,768,585
- Total Liabilities: $554,142
- Net Assets: $15,214,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETINGS & EVENTS
Revenue
$39,814
Organization Details
Founding Year
2014
Phone
(916) 441-2144Principal Officer
Barry Broome
Main Address
400 CAPITOL MALL 2520, SACRAMENTO, CA, 95814
Website
www.selectsacramento.comNTEE Category
Code: S30 - Community improvement
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