California Association For Local Economic Development

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

EIN: 942645503 ✦ Sacramento, CA ✦ Designated as a 501(c)(6)

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Overview

What is California Association For Local Economic Development?

The California Association for Local Economic Development (CALED) is a prominent, statewide organization headquartered in Sacramento, California. With a mission to enhance its members' capabilities in delivering top-notch economic development services to their communities and business clients, CALED operates through five core programs: education and training, technical assistance to communities, policy and advocacy, information and communications, and corporate activity. The organization, comprising public and private organizations and individuals involved in economic development, aims to create and retain jobs within California. With a team of seven dedicated professionals, CALED strives to help its members achieve excellence in their economic development endeavors.


Official website here: www.caled.org

Is California Association For Local Economic Development legitimate?

California Association For Local Economic Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. California Association For Local 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: $226,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $311,184

For more financial information, click here


Official website here: www.caled.org

What is the mission statement of California Association For Local Economic Development?

The California Association for Local Economic Development (CALED) serves as a leading professional organization in the field of economic development. Its mission is to empower its members, which include public and private organizations and individuals, to excel in providing economic development services to their respective communities and business clients. CALED aims to advance its members' capabilities, promoting the creation and retention of jobs. It is dedicated to fostering excellence in economic development, ultimately contributing to the betterment of communities.


Official website here: www.caled.org

Who is the CEO of California Association For Local Economic Development?

Gurbax Sahota is the President & Ceo of California Association For Local Economic Development. The CEO's salary of California Association For Local Economic Development is $208,072 and their total compensation is $226,072.


Official website here: www.caled.org

What is the revenue of California Association For Local Economic Development?

California Association For Local Economic Development's revenue in 2022 was $1,726,386.


Official website here: www.caled.org

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

The average compensation at California Association For Local Economic Development during 2022 was $76,751. There are 7 employees and 17 volunteers at California Association For Local Economic Development.


Here are 17 key members and their salaries (California Association For Local Economic Development's CEO's salary is $208,072 and their total compensation is $226,072):


Gurbax Sahota (President & Ceo)
  • Compensation: $208,072
  • Related: $0
  • Other: $18,000
Larry Vaupel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Gonzalez (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Laurel (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Burris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Bibler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Damko (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Metz (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Dalman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Calhoun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Hausler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mclain Hiramoto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stewart Knox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Hull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.caled.org

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

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


Official website here: www.caled.org

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

Mission Statement of California Association For Local Economic Development

The California Association for Local Economic Development, often referred to as CALED, is a distinguished organization dedicated to enhancing the capabilities of its members in delivering top-notch economic development services to their respective communities and business clients. Its mission is centered around promoting excellence within its membership, which comprises a mix of public and private organizations and individuals active in the field of economic development. CALED's primary objective is to facilitate job creation and retention, playing a pivotal role in driving economic growth and improvement across the state.

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Impact




October, 2024

The California Association For Local Economic Development (CALED) plays a crucial role in enhancing the effectiveness of economic development across the state. By focusing on five core programs—education and training, technical assistance to communities, policy and advocacy, information and communications, and corporate activity—CALED empowers its members to deliver exceptional economic development services.

Through comprehensive educational initiatives, CALED equips professionals with the knowledge and skills necessary to adapt to the evolving needs of their communities and business clients. The technical assistance program provides tailored support, enabling communities to implement best practices in economic development, thereby enhancing local economies.

Moreover, CALED's commitment to policy and advocacy ensures that its members have a voice in shaping the legislative landscape that impacts economic growth. By promoting effective policies and initiatives, CALED helps create an environment conducive to job creation and retention.

Information and communications services facilitate the sharing of best practices, resources, and insights among members, fostering collaboration and innovation in economic development strategies. Lastly, corporate activities strengthen relationships between the public and private sectors, driving sustainable economic progress.

Overall, CALED significantly contributes to community improvement and economic vitality in California, making a tangible impact on job creation and the overall quality of life in various regions.




This information is meant to be a general summary of California Association For Local 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
$1,726,386 (2022)
Expenses
$1,195,479 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $945
  • Program Service Revenue: $605,617
  • Gross Receipts: $1,726,386

Assets and Liabilities:

  • Total Assets: $2,662,356
  • Total Liabilities: $176,426
  • Net Assets: $2,485,930

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Programs

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

CONTRACT SERVICES

Revenue

$324,000

Membership Dues & Assessments

Revenue

$226,476

SPRING CONFERENCE

Revenue

$55,141

WORKSHOPS

Organization Details

Founding Year

1980

Principal Officer

Gurbax Sahota

Main Address

2150 RIVER PLAZA DRIVE 275, SACRAMENTO, CA, 95833

NTEE Category

Code: S30 - Community improvement

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