The Economic Development Corporation Serving Fresno County

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

EIN: 942816185 ✦ Fresno, CA ✦ Designated as a 501(c)(6)

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Overview

What is The Economic Development Corporation Serving Fresno County?

The Economic Development Corporation Serving Fresno County is a nonprofit organization situated in Fresno, California, specifically at 1060 Fulton Street 4th Floor, CA 93721. Their primary mission is to bolster the local economy and create a prosperous business environment by attracting new businesses to Fresno County. This initiative leads to the creation of numerous job opportunities and attracts substantial investments. Additionally, the corporation assists existing businesses in expanding, preserving local employment. Their ultimate goal is to promote a robust and sustainable economy for the betterment of the entire community. With a workforce of 24 employees, they are committed to ensuring Fresno County thrives economically.


Official website here: www.fresnoedc.com

Is The Economic Development Corporation Serving Fresno County legitimate?

The Economic Development Corporation Serving Fresno County is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Economic Development Corporation Serving Fresno County 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: $236,035
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,045,463

For more financial information, click here


Official website here: www.fresnoedc.com

What is the mission statement of The Economic Development Corporation Serving Fresno County?

The Economic Development Corporation serving a certain county, specifically, is committed to enhancing a robust business environment within the city. Its objective is to cultivate a sustainable economy that benefits the entire community. The corporation plays an instrumental role in attracting new businesses to the area, leading to the creation of numerous job opportunities and significant investments. Furthermore, it supports local businesses with expansions, resulting in additional job openings. Additionally, the corporation works tirelessly to retain regional employers, safeguarding existing jobs for the community's economic well-being.


Official website here: www.fresnoedc.com

Who is the CEO of The Economic Development Corporation Serving Fresno County?

Frank Hambalek is the Treasurer of The Economic Development Corporation Serving Fresno County. The CEO's salary of The Economic Development Corporation Serving Fresno County is $0 and their total compensation is $0.


Official website here: www.fresnoedc.com

What is the revenue of The Economic Development Corporation Serving Fresno County?

The Economic Development Corporation Serving Fresno County's revenue in 2023 was $3,506,307.


Official website here: www.fresnoedc.com

Who are the executives of The Economic Development Corporation Serving Fresno County and what are their salaries?

The average compensation at The Economic Development Corporation Serving Fresno County during 2023 was $53,396. There are 24 employees at The Economic Development Corporation Serving Fresno County.


Here are 39 key members and their salaries (The Economic Development Corporation Serving Fresno County's CEO's salary is $0 and their total compensation is $0):


Lee Ann Eager (Former Ceo)
  • Compensation: $225,300
  • Related: $0
  • Other: $10,735
Ed Dunkel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Audino (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Caglia (At-Large Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Nerland (Designated Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Solis (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgeanne White (Designated Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Haussler (Designated Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Brelsford (At-Large Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rolston St Hilaire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Hambalek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Zimmerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raj Beasla (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Amaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Parnagian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher A Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buk Wagner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Hayashi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Esparza (Councilmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Brandau (Supervisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Hunsaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Ramos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Madden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Riojas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Riddering (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emilia Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gino Cayanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Roderick Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Sherfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jansons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Zenovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vahagn Bznouni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Goldfarb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Goldsmith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Oliver (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Thorn (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fresnoedc.com

Where can I find the form 990 for The Economic Development Corporation Serving Fresno County?

The Economic Development Corporation Serving Fresno County's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fresnoedc.com

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

Mission Statement of The Economic Development Corporation Serving Fresno County

The Economic Development Corporation Serving Fresno County is dedicated to enhancing the economic landscape of the city. Their mission is centered around promoting a robust business environment and fostering a sustainable economy that benefits the entire community. To achieve this, they actively assist in attracting new businesses to the Fresno County area, which in turn leads to the creation of numerous job opportunities and substantial investments. Additionally, they support existing businesses in their expansion efforts, further contributing to the creation of new employment opportunities within the region. Furthermore, The Economic Development Corporation Serving Fresno County works tirelessly to retain regional employers, safeguarding local jobs and contributing to the overall health of the local economy.

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Impact




October, 2024

The Economic Development Corporation Serving Fresno County plays a crucial role in fostering economic growth and stability within the region. By promoting and maintaining a strong business climate, the organization facilitates the relocation of new businesses to Fresno County, which has resulted in the creation of numerous jobs and significant financial investments into the local economy.

Additionally, it supports the expansion efforts of existing businesses, contributing further to job creation and increased economic activity. Its efforts extend to retaining regional employers, effectively saving local jobs and ensuring a resilient workforce. By focusing on these key areas, the organization not only bolsters economic development but also enhances the overall quality of life for the community. Through these initiatives, the Economic Development Corporation significantly contributes to a healthy and sustainable local economy, directly benefiting residents and businesses alike.




This information is meant to be a general summary of The Economic Development Corporation Serving Fresno County. 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
$3,506,307 (2023)
Expenses
$3,295,639 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,411
  • Gross Receipts: $3,679,803

Assets and Liabilities:

  • Total Assets: $2,511,416
  • Total Liabilities: $1,030,787
  • Net Assets: $1,480,629

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Organization Details

Founding Year

1981

Principal Officer

Frank Hambalek

Main Address

1060 Fulton Street 4th Floor, Fresno, CA, 93721

NTEE Category

Code: S30 - Community improvement

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