Overview
What is Economic Development Corporation San Diego County?
Economic Development Corporation San Diego County, situated in San Diego, California, is a nonprofit organization dedicated to maximizing the region's economic prosperity and global competitiveness. They collaborate with the Regional Small Business Development Center Lead Center, based at Southwestern College, to coordinate communications and provide recovery assistance and resources for small businesses affected by the pandemic. Additionally, they offer export counseling and resources through a contract with the Small Business Development Center and World Trade Center San Diego. The City of San Diego contracts with them to offer business retention and expansion services. Their mission encompasses supporting various initiatives that contribute to the region's growth and success. With a workforce of 27 individuals, they actively contribute to the local business community.
Official website here: www.sandiegobusiness.org
Is Economic Development Corporation San Diego County legitimate?
Economic Development Corporation San Diego County is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Corporation San Diego 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: $694,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,718,596
For more financial information, click here
Official website here: www.sandiegobusiness.org
What is the mission statement of Economic Development Corporation San Diego County?
The Economic Development Corporation San Diego County's mission is centered around maximizing the region's economic prosperity and global competitiveness. This is achieved through various activities. One of its initiatives involves coordinating COVID-19 crisis communications and facilitating recovery assistance and resources for small businesses impacted by the pandemic, in collaboration with the Regional SBDC Lead Center based at Southwestern College. Additionally, the corporation provides export counseling and resources to small businesses in partnership with SBDC and WTC. The City of San Diego contracts with EDC to offer business retention and expansion services throughout the city. Moreover, EDC supports World Trade Center San Diego's Metrocconnect program, aiming to help small businesses build exports, facilitate foreign direct investment, and organize trade missions.
Official website here: www.sandiegobusiness.org
Who is the CEO of Economic Development Corporation San Diego County?
Mark Cafferty is the President & Ceo of Economic Development Corporation San Diego County. The CEO's salary of Economic Development Corporation San Diego County is $417,847 and their total compensation is $441,701.
Official website here: www.sandiegobusiness.org
What is the revenue of Economic Development Corporation San Diego County?
Economic Development Corporation San Diego County's revenue in 2022 was $3,684,416.
Official website here: www.sandiegobusiness.org
Who are the executives of Economic Development Corporation San Diego County and what are their salaries?
The average compensation at Economic Development Corporation San Diego County during 2022 was $89,370. There are 27 employees and 300 volunteers at Economic Development Corporation San Diego County.
Here are 80 key members and their salaries (Economic Development Corporation San Diego County's CEO's salary is $417,847 and their total compensation is $441,701):
- Compensation: $417,847
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Official website here: www.sandiegobusiness.org
Where can I find the form 990 for Economic Development Corporation San Diego County?
Economic Development Corporation San Diego County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sandiegobusiness.org
Learn more at the official website: www.sandiegobusiness.org
Mission Statement of Economic Development Corporation San Diego County
Economic Development Corporation San Diego County, as a key entity, is committed to maximizing the region's economic prosperity and global competitiveness. To accomplish this, the organization engages in various activities. It serves as the Regional SBDC Lead Center's base, coordinating crisis communications and facilitating recovery assistance and resources for small businesses impacted by the pandemic. Additionally, it contracts with SBDC to provide export counseling and resources to small businesses. Furthermore, the City of San Diego contracts with EDC to offer business retention and expansion services across the city. The EDC also supports World Trade Center San Diego's MetroConnect program, helping small businesses build exports, facilitate foreign direct investment, and organize trade missions.
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Impact
October, 2024
The Economic Development Corporation San Diego County plays a crucial role in enhancing the region's economic prosperity and global competitiveness. By coordinating efforts with various partners, it provides essential support to small businesses, particularly in times of crisis such as the COVID-19 pandemic. This includes facilitating recovery assistance and resources through the regional Small Business Development Center (SBDC) and offering export counseling to help local businesses tap into international markets.
Additionally, the organization collaborates with the City of San Diego to implement business retention and expansion services, ensuring that local enterprises can thrive and grow. It also supports the World Trade Center San Diego's MetroConnect Program, which aids small businesses in building exports, attracting foreign direct investment, and organizing trade missions. Overall, its multifaceted approach not only bolsters small businesses but also contributes significantly to the overall economic resilience and dynamism of San Diego County.
This information is meant to be a general summary of Economic Development Corporation San Diego 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,484
- Program Service Revenue: $689,022
- Gross Receipts: $4,002,691
Assets and Liabilities:
- Total Assets: $2,869,414
- Total Liabilities: $498,587
- Net Assets: $2,370,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$689,022
Organization Details
Founding Year
1965
Phone
(619) 234-8484Principal Officer
Mark Cafferty
Main Address
1100 MARKET STREET 438, SAN DIEGO, CA, 92101
Website
www.sandiegobusiness.orgNTEE Category
Code: S40 - Community improvement
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