Economic Development Corporation San Diego County

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

EIN: 952406199 ✦ San diego, CA ✦ Designated as a 501(c)(6)

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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: $988,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,606,189

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 CEO of Economic Development Corporation San Diego County The CEO's salary of Economic Development Corporation San Diego County is $436,958 and their total compensation is $436,958.


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 2023 was $3,999,265.


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 2023 was $96,109. There are 27 employees and 400 volunteers at Economic Development Corporation San Diego County.

Here are 81 key members and their salaries (Economic Development Corporation San Diego County's CEO's salary is $436,958 and their total compensation is $436,958):


Mark Cafferty (President & Ceo)
  • Compensation: $436,958
  • Related: $0
  • Other: $0
Heather Ace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Ackerly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Amble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Bence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Blair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linden Blue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Brass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Brower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debora Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malin Burnham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiago Carneiro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rho Cauley Bruner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cherashore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clifford Cho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adela De La Torre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Denham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Doucette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Field (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Finley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Fleury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Folkmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricio Frias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yehudi Gaffen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Garrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Hedstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingo Hentschel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Icke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Jager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith B Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pradeep Khosla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Komar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Leach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Lembo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Lyford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheldon Lyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Macneel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Marbarger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Mcdonough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Milliron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juli Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Neufeldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Nguyen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Oliphant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Pegels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Reinhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Reel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Puneet Sarin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stuart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Stuckey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colton Sudberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Townshend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Varela (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Siddhartha Vivek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick York (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Thomas Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Townshend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamni Vijay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidd Vivek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Wight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennie Brooks (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Wight (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Seidler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Douglas (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisette Islas (Vice Chair, Inclusive Growth)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauree Sahba (Coo)
  • Compensation: $318,800
  • Related: $0
  • Other: $0
Nikia Clark (Senior Vice President)
  • Compensation: $233,000
  • Related: $0
  • Other: $0


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 2023 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.

Revenue
$3,999,265 (2023)
Expenses
$3,988,637 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $62,762
  • Program Service Revenue: $1,034,346
  • Gross Receipts: $4,375,025

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

$1,034,346

Organization Details

Founding Year

1965

Principal Officer

Mark Cafferty

Website

www.sandiegobusiness.org

NTEE Category

Code: S40 - Community improvement

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