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Yuba Sutter Economic Development Corp

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

EIN: 680342145 ✦ Yuba city, CA ✦ Designated as a 501(c)(3)

Overview

What is Yuba Sutter Economic Development Corp?

Yuba Sutter Economic Development Corporation, located at 950 Tharp Road, Yuba City, CA 95993, is a local nonprofit organization with a mission to improve and strengthen the regional economy. This is achieved by educating the community on strategies for retaining and creating job opportunities, fostering development, and attracting business investments. The corporation's activities encompass local business retention and expansion, promotion, and regional planning. With a team of four dedicated individuals, they manage a revolving loan fund to support these initiatives.


Official website here: www.ysedc.org

Is Yuba Sutter Economic Development Corp legitimate?

Yuba Sutter Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yuba Sutter Economic Development Corp 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.

Here are some key statistics you may want to consider:

Executive Compensation: $118,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,699

For more financial information, click here


Official website here: www.ysedc.org

What is the mission statement of Yuba Sutter Economic Development Corp?

The mission of Yuba Sutter Economic Development Corp is centered around enhancing and sustaining the economy's diversity. They achieve this by educating the community on strategies to retain existing jobs and stimulate the creation of new ones. Furthermore, they focus on promoting development opportunities and attracting business investments within the region. Their activities include managing a revolving loan fund and participating in regional planning for job creation. Overall, their mission is to foster a thriving economic environment in the community.


Official website here: www.ysedc.org

Who is the CEO of Yuba Sutter Economic Development Corp?

Brynda Stranix is the Secretary of Yuba Sutter Economic Development Corp.


Official website here: www.ysedc.org

What is the revenue of Yuba Sutter Economic Development Corp?

Yuba Sutter Economic Development Corp's revenue in 2022 was $873,732.


Official website here: www.ysedc.org

Who are the executives of Yuba Sutter Economic Development Corp and what are their salaries?

The average compensation at Yuba Sutter Economic Development Corp during 2022 was $78,475. There are 4 employees at Yuba Sutter Economic Development Corp.

Here are 22 key members and their salaries:

    Brynda Stranix (Secretary) [Trustee/Director]
  • Compensation: $118,200
  • Related: $0
  • Other: $0

    • Brandon Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Bradford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Carpenter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Coe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Nicoletti (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Fernandez (Ip Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marni Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dominique Belza (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Langsdorf (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lakhvir Ghag (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Micheli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Shelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Pacheco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Woten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Blaser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rigo Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Gilchrist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Ziegenmeyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Sillman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arun Bhardwaj (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ysedc.org

    Where can I find the form 990 for Yuba Sutter Economic Development Corp?

    The Yuba Sutter Economic Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ysedc.org

    Learn more at the official website: www.ysedc.org

    Mission Statement of Yuba Sutter Economic Development Corp

    Yuba Sutter Economic Development Corp, as a mission-driven organization, strives to strengthen and expand the regional economy by educating the community. Their primary goal is to empower the community to retain existing businesses, foster new job opportunities, and attract investments that foster sustainability. By taking an active role in local business retention and expansion, as well as promoting and attracting new businesses, Yuba Sutter Economic Development Corp plays a crucial role in the region's economic growth and development. Their mission is not merely about numbers; it's about creating a thriving, diverse, and sustainable economy that benefits the entire community. They also manage a revolving loan fund to provide financial support to eligible businesses, further contributing to the region's economic growth and development.

    Impact

    This information is meant to be a general summary of Yuba Sutter Economic Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Yuba Sutter Economic Development Corp's impact includes improving and enhancing the diversification and sustainability of the economy in the Yuba City region. They focus on educating the community on job retention and creation, fostering development opportunities, and attracting business investments. Their local business retention and expansion efforts, along with job creation initiatives, contribute to the region's economic growth. Additionally, their management of a revolving loan fund provides vital financial support to businesses in the area. Overall, their work plays a crucial role in promoting community improvement and driving economic development in Yuba City and the surrounding areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,881
  • Program Service Revenue: $264,278
  • Gross Receipts: $873,732

    • Assets and Liabilities:
  • Total Assets: $1,993,076
  • Total Liabilities: $614,902
  • Net Assets: $1,378,174
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Fees & Contracts Gov Agencies

    Revenue

    $141,837

    Grant management

    Revenue

    $122,441

    Grant writing

    Organization Details

    Founding Year

    1994

    Principal Officer

    Brynda Stranix

    Main Address

    950 THARP ROAD 1303, YUBA CITY, CA, 95993

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Yuba Sutter Economic Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.