Kern Economic Development Corporation

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

EIN: 770151886 ✦ Bakersfield, CA ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Kern Economic Development Corporation?

The Kern Economic Development Corporation, based in Bakersfield, California, is a nonprofit organization dedicated to supporting businesses. They offer confidential services to firms that are either expanding or searching for a new business location within Kern County. Their primary mission is to attract new businesses and industries to various cities and communities within the county, while also working to retain existing industries. To achieve this, they compile data to attract potential new industries. With a team of eight employees, they provide essential resources to help businesses thrive in Kern County.


Official website here: www.kedc.com

Is Kern Economic Development Corporation legitimate?

Kern Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kern Economic Development Corporation 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: $177,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,122

For more financial information, click here


Official website here: www.kedc.com

What is the mission statement of Kern Economic Development Corporation?

The Kern Economic Development Corporation's mission is centered around attracting new businesses and industries to various cities and communities within its scope. The organization also works towards retaining existing industries within its jurisdiction. Additionally, it compiles data to facilitate the attraction of new industries. The corporation offers free and confidential services to businesses expanding or seeking a new location, aiming to contribute positively to the local economy.


Official website here: www.kedc.com

Who is the CEO of Kern Economic Development Corporation?

Richard Chapman is the Director of Kern Economic Development Corporation.


Official website here: www.kedc.com

What is the revenue of Kern Economic Development Corporation?

Kern Economic Development Corporation's revenue in 2022 was $971,949.


Official website here: www.kedc.com

Who are the executives of Kern Economic Development Corporation and what are their salaries?

The average compensation at Kern Economic Development Corporation during 2022 was $65,761. There are 8 employees at Kern Economic Development Corporation.


Here are 55 key members and their salaries:


Alyssa Armesto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Balentine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Duchow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Farris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Cordova (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daren Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Hitchcock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Howlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Curley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beckie Diltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roman Cyrus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orchel Krier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Kreiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Kress (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Maggard (Supervisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandro Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Horn-Bunk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maybelle Liquigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Novak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Mclaughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Prout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Sprague (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Morton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Swetalla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Saba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wyatt (Supervisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Ambrosini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Barlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chevelle Krinitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Thayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Wiggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Noble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Garrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrae Gonzales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Mcnally (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Guinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanie O'Laughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Keller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jey Lacey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Wolcott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zack Scrivner (Supervisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Chapman (President)
  • Compensation: $146,543
  • Related: $0
  • Other: $0
Dana Brennan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Christian (Ex-Officio Member Chair, K)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ashley (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Stanley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Newton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kedc.com

Where can I find the form 990 for Kern Economic Development Corporation?

Kern Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kedc.com

Learn more at the official website: www.kedc.com

Mission Statement of Kern Economic Development Corporation

Kern Economic Development Corporation, a vital organization, is dedicated to attracting new businesses and industries to various cities and communities within Kern County. Its mission is twofold: firstly, it aims to retain existing businesses within the region, and secondly, it compiles data to attract potential new industries. This multifaceted approach ensures a thriving business environment in Kern County, benefiting both existing and prospective businesses alike. The corporation offers its services confidentially and free of charge to companies that are either expanding their operations or searching for a new business location within the county.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact



October, 2024

Kern Economic Development Corporation plays a critical role in shaping the economic landscape of Kern County by attracting new businesses and industries to the region. Its efforts not only bring fresh economic opportunities but also contribute to the retention of existing industries, ensuring a stable and diverse economic base.

The organization offers free and confidential services to companies that are either expanding or looking for new locations, streamlining the process for businesses to establish or grow their operations in Kern County. By compiling valuable data and insights about the region, the Kern Economic Development Corporation effectively showcases the advantages of doing business in the area, which aids in luring new industries.

Overall, its impact is felt across all cities and communities in Kern County, fostering community improvement and economic vitality for local residents and businesses alike.



This information is meant to be a general summary of Kern Economic 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
$971,949 (2022)
Expenses
$792,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,111
  • Program Service Revenue: $634,171
  • Gross Receipts: $1,114,087

Assets and Liabilities:

  • Total Assets: $1,184,437
  • Total Liabilities: $457,076
  • Net Assets: $727,361

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

MEMBERSHIP DUES

Revenue

$634,171

Organization Details

Founding Year

1986

Phone

(661) 862-5150

Principal Officer

Richard Chapman

Main Address

2700 M STREET STE 200, BAKERSFIELD, CA, 93301

Website

www.kedc.com

NTEE Category

Code: S40 - Community improvement

If you are a representative of Kern Economic Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.

Learn How to Support this Charity for FreeExplore Other Charities