Overview
What is Economic Development Collaborative- Ventura County?
The Economic Development Collaborative-Ventura County (EDC-VC) is a nonprofit organization situated in Camarillo, California. As a public-private partnership, EDC-VC offers professional consulting, training, and lending services to support businesses, foster growth, and create job opportunities. Their mission is to promote local economic development, administer financial programs, and provide assistance to retain and develop local businesses. In response to the pandemic, EDC-VC pivoted their services to offer bilingual remote consulting, informational webinars, and a rapid response call team. Their initiatives have resulted in leading positions in business advising, capital access for minority-owned businesses, and lending programs for women and minority entrepreneurs. Additionally, EDC-VC secured various designations and funding to improve child care resources and support equitable economic recovery. With a team of 23 employees, EDC-VC aims to empower business owners, connect community partners, and educate civic leaders in the Ventura and Santa Barbara County region.
Official website here: www.edc-vc.com
Is Economic Development Collaborative- Ventura County legitimate?
Economic Development Collaborative- Ventura County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Development Collaborative- Ventura 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.
Here are some key statistics you may want to consider:
Executive Compensation: $642,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $888,675
For more financial information, click here
Official website here: www.edc-vc.com
What is the mission statement of Economic Development Collaborative- Ventura County?
The Economic Development Collaborative-Ventura County, established in 1996, serves as a 501(c)3 non-profit organization dedicated to boosting the economy in the greater Ventura and Santa Barbara County region. Their mission is to foster empowered business owners, foster connections among community partners, and develop informed civic leaders. Their vision encompasses nurturing a robust and healthy regional economy that offers a high quality of life and equitably shared opportunities. The organization engages in various activities such as administering financial and loan programs, offering technical assistance and training, and facilitating cluster development. Their aim is to retain and develop local businesses, assist defense-dependent industries, and disseminate information related to community economic development.
Official website here: www.edc-vc.com
What is the revenue of Economic Development Collaborative- Ventura County?
Economic Development Collaborative- Ventura County's revenue in 2022 was $3,851,536.
Official website here: www.edc-vc.com
Who are the executives of Economic Development Collaborative- Ventura County and what are their salaries?
The average compensation at Economic Development Collaborative- Ventura County during 2022 was $66,583. There are 23 employees at Economic Development Collaborative- Ventura County.
Here are 40 key members and their salaries (Economic Development Collaborative- Ventura County's CEO's salary is $230,510 and their total compensation is $272,095):
- Bruce Stenslie (President & Ceo)
- Ray Bowman (Director Of Small Business Dev Cent)
- Marvin Boateng (Dir Of Lending)
- Kelly Noble (Office Manager)
- Carole Drulias (Board Member) [Trustee/Director]
- Kristin Decas (Board Member) [Trustee/Director]
- Amy Fonzo (Board Member) [Trustee/Director]
- Nan Drake (Board Member) [Trustee/Director]
- Jeremy Goldberg (Board Member) [Trustee/Director]
- Harold S Edwards (Chairman) [Trustee/Director]
- Henry Dubroff (Board Member) [Trustee/Director]
- Gerhard Apfelthaler Phd (Board Member) [Trustee/Director]
- Sarah Mclelland (Board Member) [Trustee/Director]
- Skyler Ditchfield (Board Member) [Trustee/Director]
- Chris Meissner (Board Member) [Trustee/Director]
- Cynthia Herrera (Board Member) [Trustee/Director]
- Kelly Long (Board Member) [Trustee/Director]
- Celina Zacarias (Board Member) [Trustee/Director]
- Mary Jarvis (Board Member) [Trustee/Director]
- Peter Zierhut (Secretary/Treas) [Trustee/Director]
- Bob Engler (Board Member) [Trustee/Director]
- Sim Tang-Paradis (Board Member) [Trustee/Director]
- Dan Revetto (Board Member) [Trustee/Director]
- Bob Huber (Board Member) [Trustee/Director]
- Barry Wolfman (Board Member) [Trustee/Director]
- Jey Lacey (Board Member) [Trustee/Director]
- Daniel Groff (Board Member) [Trustee/Director]
- Simone Alex (Board Member) [Trustee/Director]
- Suza Francina (Board Member) [Trustee/Director]
- Mike Johnson (Board Member) [Trustee/Director]
- Misty Perez (Board Member) [Trustee/Director]
- Jim Scanlon (Board Member) [Trustee/Director]
- Alex Schneider (Board Member) [Trustee/Director]
- Trace Stevenson (Board Member) [Trustee/Director]
- Shawn Mulchay (Board Member) [Trustee/Director]
- Dee Dee Cavanaugh (Vice Chair) [Trustee/Director]
- Randall Hernandez (Board Member) [Trustee/Director]
- Andy Sobel (Board Member) [Trustee/Director]
- Stephanie Caldwell (Board Member) [Trustee/Director]
- Tracy Perez (Board Member) [Trustee/Director]
Official website here: www.edc-vc.com
Where can I find the form 990 for Economic Development Collaborative- Ventura County?
The Economic Development Collaborative- Ventura County’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.edc-vc.com
Learn more at the official website: www.edc-vc.com
Mission Statement of Economic Development Collaborative- Ventura County
The Economic Development Collaborative-Ventura County, established in 1996, serves as a 501(c)3 non-profit public/private partnership corporation in the greater Ventura and Santa Barbara County region. With a mission deeply rooted in its name, this organization aims to foster empowered business owners, foster connections among community partners, and educate informed civic leaders. The EDC's ultimate goal is to drive economic growth in the region, with a vision of nurturing a robust and healthy economy that offers a high quality of life and equitable opportunities for all its inhabitants. This nonprofit organization operates by administering financial and loan programs, providing assistance to local businesses, facilitating cluster development, offering technical assistance and training, and disseminating information related to community economic development.
Impact
This information is meant to be a general summary of Economic Development Collaborative- Ventura County. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Economic Development Collaborative- Ventura County has had a significant impact on the local economy by providing businesses with professional consulting, training, and lending services to help them thrive and add jobs. In response to the challenges brought on by the pandemic in 2020, the organization made a timely pivot to offer bilingual remote consulting, informational webinars, and rapid response support to help businesses navigate new programs and access capital.
In 2022, the EDC-VC continued to innovate and facilitate economic recovery, with notable achievements such as leading in capital access for Hispanic-owned firms, distributing loans and capital to minority and women-owned businesses, securing funding for child care providers, and participating in initiatives to promote equitable and sustainable regional economic strategies.
Furthermore, the organization's programs have been recognized for their impact, with designations from the State of California as an Inclusive Innovation Hub and a fiscal agent for regional economic initiatives. The EDC-VC's mission to create empowered business owners, connected community partners, and informed civic leaders demonstrates its commitment to fostering a strong and healthy regional economy with broad opportunities for all.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Program Revenue
Revenue
$179,273
Program Revenue
Revenue
$2,163,077
Organization Details
Founding Year
1996
Phone
(805) 384-1800
Main Address
4001 MISSION OAKS BLVD A-1, CAMARILLO, CA, 93012
Website
www.edc-vc.com
NTEE Category
Code: S31 - Community improvement
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