Nonprofit · EIN 27-0385918
SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · VALENCIA, CA 91355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,140,835 | $969,498 | $171,337 | $1,139,620 | $21,249 | $1,118,371 |
| December 31, 2023 | 990 | $1,079,330 | $1,012,606 | $66,724 | $979,487 | $32,453 | $947,034 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $930,640
- of which government grants
- $490,000
- Program service revenue
- $175,352
- Investment income
- $34,843
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $251,761
- Other salaries and wages
- $181,351
- Salaries, compensation and benefits (total)
- $535,248
- Professional fundraising fees
- $0
- Occupancy
- $21,888
- Travel
- $3,331
- Program services (functional)
- $872,849
- Management and general (functional)
- $96,649
Balance sheet and other
- Total assets, start of year
- $979,487
- Total assets, end of year
- $1,139,620
- Total liabilities, end of year
- $21,249
- Net assets, end of year
- $1,118,371
- Gross receipts
- $1,140,835
- Employees
- 5
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ONDRE SELTZER | PRESIDENT Officer | 40 | $137,601 | $14,367 |
| JEY WAGNER | PRESIDENT Officer | 40 | $114,160 | $25,350 |
| ADAM BROWNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADEL VILLALOBOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANA FONSECA | DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| BRIAN KITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAL NAULLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CALVIN HEDMAN | CO-CHAIRMAN OF THE BOARD/C Trustee or director, Officer | 6 | $0 | $0 |
| CRAIG MCCRARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CRAIG PETERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DALE DONOHOE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL FAINA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MOLNAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID RENDALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENNIS VERNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
42 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANNE VAN HOOK | SECRETARY Trustee or director, Officer | 3 | $0 |
| DON FLEMING | DIRECTOR Trustee or director, Officer | 3 | $0 |
| DONALD L KIMBALL | CO-CHAIR/SECRETARY Trustee or director, Officer | 6 | $0 |
| EVAN FAUCETTE | DIRECTOR Trustee or director | 1 | $0 |
| GARY HORTON | DIRECTOR Trustee or director | 1 | $0 |
| GARY SAENGER | DIRECTOR Trustee or director | 1 | $0 |
| HENRY RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| JAY SCHUTZ | DIRECTOR Trustee or director | 1 | $0 |
| JEFF HARRIS | DIRECTOR Trustee or director | 1 | $0 |
| JEFF WEBER | DIRECTOR Trustee or director | 1 | $0 |
| JEREMY STEPAN | DIRECTOR Trustee or director | 1 | $0 |
| JEY LACEY | DIRECTOR Trustee or director | 1 | $0 |
| JIM BACKER | DIRECTOR Trustee or director | 1 | $0 |
| JIM TANNER | DIRECTOR Trustee or director | 1 | $0 |
| JOHN BECK | DIRECTOR Trustee or director | 1 | $0 |
| JOHN PRABHU | DIRECTOR Trustee or director | 1 | $0 |
| JOHN SHAFFERY | CO-DIRECTOR Trustee or director, Officer | 3 | $0 |
| JOHN VANCE | DIRECTOR Trustee or director | 1 | $0 |
| KEN STRIPLIN | DIRECTOR Trustee or director, Officer | 3 | $0 |
| KEVIN KLOKENGA | DIRECTOR Trustee or director, Officer | 3 | $0 |
| MARIA HIGGINS | DIRECTOR Trustee or director | 1 | $0 |
| MARCIE WASHBURN | DIRECTOR Trustee or director | 1 | $0 |
| MARISOL ESPINOZA | DIRECTOR Trustee or director | 1 | $0 |
| MATT DIERKMAN | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW SHEPHERD | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL DELORENZO | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL PERLMUTTER | DIRECTOR Trustee or director | 1 | $0 |
| MIKE ALFRED | DIRECTOR Trustee or director | 1 | $0 |
| MITZI LIKE | DIRECTOR Trustee or director | 1 | $0 |
| NATE PATENA | DIRECTOR Trustee or director, Officer | 3 | $0 |
| NEAL WEICHEL | DIRECTOR Trustee or director | 1 | $0 |
| NICK JACOBY | DIRECTOR Trustee or director, Officer | 3 | $0 |
| PHILIP TSUI | DIRECTOR Trustee or director | 1 | $0 |
| RAVI S RAJAN | DIRECTOR Trustee or director | 1 | $0 |
| STEPHANIE ENGLISH | DIRECTOR Trustee or director, Officer | 3 | $0 |
| STEPHANIE WALLACE | DIRECTOR Trustee or director | 1 | $0 |
| STEVE CASSULO | DIRECTOR Trustee or director | 1 | $0 |
| TAMARA GURNEY | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS DIPRIMA | DIRECTOR Trustee or director | 1 | $0 |
| TREVOR MORRIS | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM SLOAN | DIRECTOR Trustee or director | 1 | $0 |
| JASON BEAMAN | DIRECTOR Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2023: 62 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HOLLY SCHROEDER | PRESIDENT Officer | 40 | $179,912 | $38,638 |
| JEY WAGNER | PRESIDENT Officer | 40 | $73,470 | $20,188 |
| ADAM BROWNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADEL VILLALOBOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANA FONSECA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN KITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAL NAULLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CALVIN HEDMAN | CO-CHAIRMAN OF THE BOARD/C Trustee or director, Officer | 6 | $0 | $0 |
| CRAIG MCCRARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CRAIG PETERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DALE DONOHOE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL FAINA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MOLNAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID RENDALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENNIS VERNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANNE VAN HOOK | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| DON FLEMING | DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| DONALD L KIMBALL | DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| EVAN FAUCETTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY HORTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY SAENGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HENRY RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAY SCHUTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF WEBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEREMY STEPAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEY LACEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM BACKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM TANNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BECK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN PRABHU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN SHAFFERY | CO-DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| KEN STRIPLIN | DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| KEVIN KLOKENGA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARISOL ESPINOZA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW SHEPHERD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL DELORENZO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL PERLMUTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE ALFRED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MITZI LIKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATE PATENA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NEAL WEICHEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NICK JACOBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP TSUI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAVI S RAJAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHANIE ENGLISH | DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| STEPHANIE WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE CASSULO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TAMARA GURNEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS DIPRIMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TREVOR MORRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM SLOAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID SADA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEANNA AUSTIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON MCCOY | DIRECTOR Trustee or director | 3 | $0 | $0 |
| GREG WELLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF WARMOTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BALESTRA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARAL MATOSSIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROGER SEAVER | CO-CHAIRMAN OF THE BOARD Trustee or director, Officer | 6 | $0 | $0 |
| TRACY ARCECI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TYSON ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- UCEN 263, VALENCIA, CA 91355-0000
- Principal officer (990 for 2024)
- ONDRE SELTZER, 26455 ROCKWELL CANYON ROAD UCEN 263, SANTA CLARITA, CA 91355
- Signed the 990
- ONDRE SELTZER, PRESIDENT
- Phone
- (661) 288-4400
- Website
- WWW.SCVEDC.ORG
- Return prepared by
- HEDMAN PARTNERS LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 27-0385918 or by the name SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
DEDICATED TO PROVIDING FOR THE GENERAL SOCIAL WELFARE OF THE REGION BY ENCOURAGING BUSINESS AND INDUSTRY TO REMAIN, LOCATE, AND DEVELOP WITHIN THE SANTA CLARITA VALLEY AND TO OTHERWISE PROMOTE THE ORDERLY ECONOMIC GROWTH AND COMMON ECONOMIC INTERESTS OF THE SANTA CLARITA VALLEY IN NORTHERN LOS ANGELES COUNTY, CALIFORNIA.
Program accomplishments
- PROVISION OF BUSINESS DEVELOPMENT SERVICES TO COMPANIES WITHIN THE SANTA CLARITA VALLEY TO SUPPORT THEIR GROWTH AND EXPANSION EFFORTS WITH BUSINESS SERVICES SUCH AS: 1) BUSINESS ASSISTANCE VISITS, 2) INFORMATION ABOUT BUSINESS INCENTIVES AND OTHER RESOURCES, 3) SUPPORTING THE FOREIGN TRADE ZONE, 4) EDUCATION AND NETWORKING EVENTS, 5) MARKETING AND COMMUNICATION TO RAISE AWARENESS OF AVAILABLE BUSINESS SERVICES AND PROMOTING INTERSHIPS & TRAINING PROGRAMS.Expenses $384,930 · revenue $87,676
- PROVISION OF BUSINESS ATTRACTION SERVICES INCLUDE BUT ARE NOT LIMITED TO:1) PROVIDING SITE SELECTION SERVICES, 2) MARKETING THE COMMUNITY AS A DESIRABLE PLACE TO DO BUSINESS, 3) RECRUITMENT OF COMPANIES FROM SOUTHERN CALIFORNIA AND BEYOND, 4) CONDUCTING REGIONAL EVENTS AND WORKSHOPS, 5) PREPARING LOCATIONAL COMPARISONS AND RESPONDING TO INQUIRIES ABOUT AVAILABLE PROPERTIES.Expenses $378,960 · revenue $87,676
- PROVISION OF REGIONAL ECONOMIC INFORMATION AND RESEARCH. EXAMPLES INCLUDE, BUT ARE NOT LIMITED TO: 1) PUBLISHING ECONOMIC INDICATORS AND DATA, 2) ORGANIZING AN ECONOMIC DEVELOPMENT INFORMATION CENTER, 3) MAINTAINING A TARGET INDUSTRY ANALYSIS, 4) PUBLISHING LABOR MARKET RESEARCHExpenses $108,959
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0385918
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,139,620
- Income (IRS master file)
- $1,140,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,140,835 | $969,498 | $1,139,620 | XML |
| 990 | December 2023 | $1,079,330 | $1,012,606 | $979,487 | XML |
| 990 | December 2022 | $976,784 | $880,194 | $1,045,993 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0385918).
Questions about SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION is 27-0385918.
- Is SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names ONDRE SELTZER.
- Who are the officers and directors of SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 57 people; 2 received compensation from the organization, the highest $137,601 (ONDRE SELTZER, PRESIDENT).
- How much revenue does SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,140,835, expenses of $969,498 and total assets of $1,139,620 at year end.
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