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Nonprofit · EIN 77-0439585

ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY

Tax-exempt · CAMARILLO, CA 93012

Financials

$7.7M$7.5M2023$8.6M$8.4M2024
Revenue Expenses · by fiscal year end
Financials of ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,553,742$8,375,903$177,839$15,009,671$10,548,814$4,460,857
December 31, 2023990$7,690,202$7,460,862$229,340$15,116,656$10,949,053$4,167,603
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,148,945
of which government grants
$4,911,145
Program service revenue
$3,251,935
Investment income
$7,444
Net income from fundraising events
-$23,769
Other revenue
$145,418

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$477,141
Other salaries and wages
$1,301,275
Salaries, compensation and benefits (total)
$2,131,767
Professional fundraising fees
$0
Legal fees
$9,333
Occupancy
$151,800
Travel
$66,422
Program services (functional)
$8,117,761
Management and general (functional)
$247,903
Fundraising (functional)
$10,239

Balance sheet and other

Total assets, start of year
$15,116,656
Total assets, end of year
$15,009,671
Total liabilities, end of year
$10,548,814
Net assets, end of year
$4,460,857
Land, buildings and equipment
$9,635
Net assets without donor restrictions
$3,933,497
Net assets with donor restrictions
$527,360
Gross receipts
$8,580,625
Employees
21
Year formed
1996
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.

NameTitleHours / weekCompensationOther / benefits
BRUCE STENSLIEPresident & CEO
Officer
40$224,058$45,221
Jaime S FallDirector40$182,864$28,045
RAY BOWMANDirector of Small Business Dev Cent40$174,705$33,157
KELLY NOBLEOffice Manager40$111,764$18,575
Monica E EstrellaGrants/Cont. Mgr40$119,360$1,028
TRACIE A SCHNEIDERComm Manager40$103,193$8,159
Jim EubanksBoard Member
Trustee or director
0.5$0$0
KRISTIN DECASChair
Trustee or director, Officer
1$0$0
AMY FONZOBoard Member
Trustee or director
0.5$0$0
NAN DRAKEBoard Member
Trustee or director
0.5$0$0
JEREMY GOLDBERGBoard Member
Trustee or director
0.5$0$0
HAROLD S EDWARDSBoard Member
Trustee or director
0.5$0$0
HENRY DUBROFFBoard Member
Trustee or director
0.5$0$0
Ursula MoranBoard Member
Trustee or director
0.5$0$0
SARAH MCLELLANDBoard Member
Trustee or director
0.5$0$0
22 more people on this return
NameTitleHours / weekCompensation
CHRIS MEISSNERBoard Member
Trustee or director
0.5$0
CYNTHIA HERRERABoard Member
Trustee or director
0.5$0
Peter ZierhutSec'y/Treasurer
Trustee or director, Officer
1$0
CELINA ZACARIASBoard Member
Trustee or director
0.5$0
Jeff GorellBoard Member
Trustee or director
0.5$0
Janice ParvinBoard Member
Trustee or director
0.5$0
BOB ENGLERVice Chair
Trustee or director, Officer
1$0
SIM TANG-PARADISBoard Member
Trustee or director
0.5$0
Martita Martinez-BravoBoard Member
Trustee or director
0.5$0
DANIEL GROFFBoard Member
Trustee or director
0.5$0
Albert MendezBoard Member
Trustee or director
0.5$0
Rachel LangBoard Member
Trustee or director
0.5$0
Bryan McDonaldBoard Member
Trustee or director
0.5$0
MISTY PEREZBoard Member
Trustee or director
0.5$0
JIM SCANLONBoard Member
Trustee or director
0.5$0
ALEX SCHNEIDERBoard Member
Trustee or director
0.5$0
TRACE STEVENSONBoard Member
Trustee or director
0.5$0
Pedro ChavezBoard Member
Trustee or director
0.5$0
Joe SchroederBoard Member
Trustee or director
0.5$0
DEE DEE CAVANAUGHBoard Member
Trustee or director
0.5$0
STEPHANIE CALDWELLBoard Member
Trustee or director
0.5$0
TRACY PEREZBoard Member
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 42 people
NameTitleHours / weekCompensationOther / benefits
BRUCE STENSLIEPresident & CEO
Officer
40$218,671$53,572
Jaime S FallDirector40$184,349$17,965
RAY BOWMANDirector of Small Business Dev Cent40$164,651$22,100
MARVIN BOATENGDir of Lending40$134,634$7,074
KELLY NOBLEOffice Manager40$105,487$18,432
Vivian P VazquezSenior Associate40$110,123$4,711
Monica E EstrellaGrants/Cont. Mgr40$97,477$4,245
Mike BlandaBoard Member
Trustee or director
0.5$0$0
KRISTIN DECASVice Chair
Trustee or director, Officer
1$0$0
AMY FONZOBoard Member
Trustee or director
0.5$0$0
NAN DRAKEBoard Member
Trustee or director
0.5$0$0
JEREMY GOLDBERGBoard Member
Trustee or director
0.5$0$0
HAROLD S EDWARDSBoard Member
Trustee or director
1$0$0
HENRY DUBROFFBoard Member
Trustee or director
0.5$0$0
GERHARD APFELTHALER PhDBoard Member
Trustee or director
0.5$0$0
SARAH MCLELLANDBoard Member
Trustee or director
0.5$0$0
SKYLER DITCHFIELDBoard Member
Trustee or director
0.5$0$0
CHRIS MEISSNERBoard Member
Trustee or director
0.5$0$0
CYNTHIA HERRERABoard Member
Trustee or director
1$0$0
Peter ZierhutSec'y/Treasurer
Trustee or director, Officer
1$0$0
CELINA ZACARIASBoard Member
Trustee or director
0.5$0$0
Jeff GorellBoard Member
Trustee or director
0.5$0$0
Janice ParvinBoard Member
Trustee or director
1$0$0
BOB ENGLERBoard Member
Trustee or director
1$0$0
SIM TANG-PARADISBoard Member
Trustee or director
0.5$0$0
DAN REVETTOBoard Member
Trustee or director
0.5$0$0
Martita Martinez-BravoBoard Member
Trustee or director
0.5$0$0
BARRY WOLFMANBoard Member
Trustee or director
0.5$0$0
JEY LACEYBoard Member
Trustee or director
0.5$0$0
DANIEL GROFFBoard Member
Trustee or director
0.5$0$0
Albert MendezBoard Member
Trustee or director
0.5$0$0
Rachel LangBoard Member
Trustee or director
0.5$0$0
Bryan McDonaldBoard Member
Trustee or director
0.5$0$0
MISTY PEREZBoard Member
Trustee or director
1$0$0
JIM SCANLONBoard Member
Trustee or director
0.5$0$0
ALEX SCHNEIDERBoard Member
Trustee or director
0.5$0$0
TRACE STEVENSONBoard Member
Trustee or director
0.5$0$0
Pedro ChavezBoard Member
Trustee or director
0.5$0$0
Joe SchroederBoard Member
Trustee or director
0.5$0$0
DEE DEE CAVANAUGHChair
Trustee or director, Officer
1$0$0
STEPHANIE CALDWELLBoard Member
Trustee or director
0.5$0$0
TRACY PEREZBoard Member
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
4001 MISSION OAKS BLVD STE A # 1, CAMARILLO, CA 93012-5121
Signed the 990
BRUCE STENSLIE, President & CEO
Phone
(805) 384-1800
Return prepared by
SingerLewak

California records

California keeps its own records of charities and corporations. Search them by EIN 77-0439585 or by the name ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The EDC creates empowered business owners, connected community partners and informed civic leaders in the greater Ventura and Santa Barbara County region. Established in 1996, we are a 501(c)3 non-profit public/private partnership corporation, dedicated to growing the regions economy. Our vision is for stewarding a strong and healthy Ventura and Santa Barbara regional economy with a high quality of life and broadly shared opportunities.

990 for the year ended December 31, 2024

Program accomplishments

  • The Economic Development Collaborative-Ventura County (EDC-VC) is a public/privatepartnership that provides businesses with professional consulting, training and lending services to help business thrive and add jobs. For 2024:"Continuing to serve as fiscal agent and co-convener of Uplift Central Coast. Shaping an equitable recovery from COVID-19, this partnership draws us into dialogue with all manner of stakeholders across the Central Coast. That dialogue provides guidance to our current distribution of $9 million in state "Catalyst" grants to promote an equitable regional economic recovery. "Our Ventura County Digital Upskilling Training Program continues on two main fronts: a partnership with the Ventura County Adult Schools Consortium, for computer basics training, and a "Get Your Small Business Online" curriculum for entrepreneurs and small business owners, in collaboration with Women's Economic Ventures. This Digital Upskilling initiative is a pilot project with online replication toolkits available to other workforce and economic development training organizations."Our collaboration and participation in FATHOMWERX continues, in partnership with commands at Navy Base Ventura County, the Port of Hueneme and MatterLabs, serving as a public/private laboratory, community , and resource for technological innovation, striving to fuse small and non-traditional companies, academic institutions and other Department of Defense stakeholders together to work on the most challenging problems in miliary, port and maritime domains."Continuing partnership in support of Early Child Education, promoting a broad and stable early care ecosystem, including technical assistance and lending contributing to vibrant and competitive home-based and child care center businesses, and, especially, the highest quality care for children and support networks for working parents. Key initiatives and partnerships include the Isabella project-involving a broad coalition of partners committed to a pilot project to make highest-quality early childhood education available to 100% of 0- to 5-year-olds in the community of Santa Paula-and `the "Shared Services Alliance," a partnership with First 5 Ventura County, the County Office of Education and Child Development Resources of Ventura County."Serving as fiscal agent and managing partner of the Broadband Consortium of the Pacific Coast, in partnership with the Ventura Council of Governments developed the Ventura County Regional Broadband Initiative and Last Mile Connections Framework and continue to partner with the County of Santa Barbara for its regional plan implementation. "Finally, we continue our collaboration with the California Governor's Office of Business and Economic Development (GO-Biz):oThe GO-Biz Office of the Small Business Advocate designated EDC as an Accelerate CA: Inclusive Innovation Hub providing $1 million over four years to support technology-based firms and expanding opportunities for women and minority-owned businesses.oEDC was awarded some $900,000 to augment our federal U.S. Small Business Administration funding, helping to assure we maintain our high level of services as we recover from the pandemic.oOur lending programs and borrowers benefitted from nearly $3 million in loan guarantees from the GO-Biz Infrastructure and Economic Development Bank.oIn our role as the Ventura County Film Commission, we serve as an extension of the California Film Commission, also an office within GO-Biz.
    Expenses $8,117,761

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
77-0439585
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,009,671
Income (IRS master file)
$8,580,625

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,553,742$8,375,903$15,009,671XML
990December 2023$7,690,202$7,460,862$15,116,656XML
990December 2022$3,851,536$3,999,745$13,661,843IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 77-0439585).

Questions about ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY

What is the EIN of ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY?
The employer identification number (EIN) of ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY is 77-0439585.
Is ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY 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 ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY 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 ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY?
The 990 for the year ended December 31, 2024 lists 37 people; 6 received compensation from the organization, the highest $224,058 (BRUCE STENSLIE, President & CEO).
How much revenue does ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,553,742, expenses of $8,375,903 and total assets of $15,009,671 at year end.

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