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California Academy For Economic Development

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

EIN: 680387718 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is California Academy For Economic Development?

The California Academy for Economic Development is a nonprofit organization situated in Sacramento, California, specifically at 2150 River Plaza Drive 275. Their primary objective is to foster local economic growth in California. They achieve this by identifying best practices, collaborating with local government officials, and supporting an annual economic development conference/training. The academy's mission is centered around promoting economic development within the state, evident in their activities and initiatives.


Official website here: www.edacademy.org

Is California Academy For Economic Development legitimate?

California Academy For Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Academy For Economic Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,853

For more financial information, click here


Official website here: www.edacademy.org

What is the mission statement of California Academy For Economic Development?

The California Academy for Economic Development is committed to fostering local economic growth in California. This is achieved through various activities such as identifying effective strategies, collaborating with local government officials, and organizing an annual economic development conference/training. The primary goal is to promote economic development within the state, thereby contributing to its overall prosperity.


Official website here: www.edacademy.org

Who is the CEO of California Academy For Economic Development?

Gurbax Sahota is the Chairman of California Academy For Economic Development.


Official website here: www.edacademy.org

What is the revenue of California Academy For Economic Development?

California Academy For Economic Development's revenue in 2022 was $388,991.


Official website here: www.edacademy.org

Who are the executives of California Academy For Economic Development and what are their salaries?

There 9 volunteers at California Academy For Economic Development.


Here are 10 key members and their salaries:


Jim Rabe (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Ham (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lyman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Silveira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Laurel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Stenslie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Gonzales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Lippman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gurbax Sahota (Executive Dir.)
  • Compensation: $0
  • Related: $208,072
  • Other: $18,000


Official website here: www.edacademy.org

Where can I find the form 990 for California Academy For Economic Development?

California Academy For Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.edacademy.org

Learn more at the official website: www.edacademy.org

Mission Statement of California Academy For Economic Development

The California Academy for Economic Development is committed to driving local economic growth in California. Their mission is multifaceted, encompassing activities such as identifying best practices, collaborating with local government officials, and organizing an annual economic development conference/training. By undertaking these tasks, the organization aims to contribute significantly to the economic development of the state.

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Impact




October, 2024

California Academy For Economic Development significantly enhances local economic growth in California by conducting targeted economic development activities. By identifying best practices and collaborating closely with local government officials, the Academy fosters innovative approaches tailored to the unique needs of different communities.

Additionally, its annual economic development conference and training sessions serve as a vital platform for knowledge sharing and skill development among professionals in the field. This commitment to education empowers local leaders and stakeholders with the tools and insights needed to effectively drive economic progress, ultimately benefiting communities and boosting regional economies across the state. The impact is reflected in strengthened local economies, improved governance strategies, and a more informed network of economic development practitioners.




This information is meant to be a general summary of California Academy For Economic Development. 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
$388,991 (2022)
Expenses
$380,662 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50
  • Program Service Revenue: $99,566
  • Gross Receipts: $388,991

Assets and Liabilities:

  • Total Assets: $635,586
  • Total Liabilities: $76,963
  • Net Assets: $558,623

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT SERVICES

Revenue

$69,202

REGISTRATION INCOME

Revenue

$30,364

Organization Details

Founding Year

1998

Principal Officer

Gurbax Sahota

Main Address

2150 RIVER PLAZA DRIVE 275, SACRAMENTO, CA, 95833

NTEE Category

Code: B99 - Education

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