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Tri City Economic Development Corporation

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

EIN: 942687078 ✦ Union city, CA ✦ Designated as a 501(c)(3)

Overview

What is Tri City Economic Development Corporation?

Tri City Economic Development Corporation is a nonprofit organization situated in Union City, California, with a US address at 33377 Western Avenue. Its primary mission revolves around recycling recyclable materials while providing employment and job training opportunities to disadvantaged youth and adults. The organization aims to make a positive impact on the community by turning waste into economic opportunities. They offer curbside recycling, organics collection, and operate their own buy-back recycling center. The corporation's activities align with the non-profit public benefit corporation law and contribute to reducing the waste stream by sharing residual proceeds with the community. The organization employs a total of 82 individuals.


Official website here: www.tri-ced.org

Is Tri City Economic Development Corporation legitimate?

Tri City Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri City Economic Development Corporation 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: $283,127
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,436,706

For more financial information, click here


Official website here: www.tri-ced.org

What is the mission statement of Tri City Economic Development Corporation?

The Tri City Economic Development Corporation focuses on reducing the waste stream through employment and job training for disadvantaged youth and adults. This non-profit organization's primary mission is to provide individuals with the necessary skills to become valuable employees and community members. In 2022, they carried out this mission by offering curbside recycling, organics collection, and recycling processing. Additionally, they operated a buy-back recycling center. The organization continues to make a positive impact by equipping people with the assets to become productive members of society.


Official website here: www.tri-ced.org

Who is the CEO of Tri City Economic Development Corporation?

Richard Valle is the President/Ceo of Tri City Economic Development Corporation. The CEO's salary of Tri City Economic Development Corporation is $100,000 and their total compensation is $145,059.


Official website here: www.tri-ced.org

What is the revenue of Tri City Economic Development Corporation?

Tri City Economic Development Corporation's revenue in 2022 was $13,718,847.


Official website here: www.tri-ced.org

Who are the executives of Tri City Economic Development Corporation and what are their salaries?

The average compensation at Tri City Economic Development Corporation during 2022 was $69,754. There are 82 employees and 5 volunteers at Tri City Economic Development Corporation.

Here are 12 key members and their salaries (Tri City Economic Development Corporation's CEO's salary is $100,000 and their total compensation is $145,059):

    Carlos Fajardo (Driver)
  • Compensation: $154,948
  • Related: $0
  • Other: $53,670

    • Humberto Trejo (Driver)
  • Compensation: $149,034
  • Related: $0
  • Other: $53,670

    • Octavio Bennette (Driver)
  • Compensation: $146,338
  • Related: $0
  • Other: $53,670

    • Juan Diego Suarez (Driver)
  • Compensation: $141,649
  • Related: $0
  • Other: $53,670

    • Melesio Sanchez (Lead Mechanic)
  • Compensation: $139,523
  • Related: $0
  • Other: $37,124

    • Richard Valle (President/Ceo)
  • Compensation: $100,000
  • Related: $0
  • Other: $45,059

    • Mangee Austria (Operations Director)
  • Compensation: $99,000
  • Related: $0
  • Other: $39,068

    • Frank Roesch (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Zhu (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Obray Van Buren (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorrene Ritchie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tri-ced.org

    Where can I find the form 990 for Tri City Economic Development Corporation?

    The Tri City Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tri-ced.org

    Learn more at the official website: www.tri-ced.org

    Mission Statement of Tri City Economic Development Corporation

    Tri City Economic Development Corporation, a non-profit organization, is dedicated to making a significant impact on its community through various initiatives. Its primary objective encompasses the recycling of recyclable materials, the employment and training of disadvantaged youth and adults, and engaging in acts that benefit the public under the Non-Profit Public Benefit Corporation Law.

    The organization's mission is geared towards reducing the waste stream by offering employment and job training to those in need. By providing these opportunities, Tri City Economic Development Corporation empowers individuals to become positive and productive members of their community. In the context of waste management, the corporation collects organics and processes recycling materials to keep them from ending up in landfills. Furthermore, it operates a buy-back recycling center, allowing the public to bring in their recyclable items and receive compensation for them.

    In 2022, Tri City Economic Development Corporation continued its mission by offering individuals the essential assets and skills necessary to excel as employees. This non-profit organization takes pride in investing in the future of its community members, ensuring they have the tools and knowledge required to contribute positively to society. Simultaneously, the organization continued its recycling initiatives, emphasizing the importance of responsible waste management and the potential for creating a sustainable future.

    Impact

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




    Thursday, August 15, 2024

    Tri City Economic Development Corporation's impact can be seen in its dedication to reducing the waste stream through providing employment and job training to disadvantaged youth and adults in Union City, CA. By offering services such as curbside recycling, organics collection, and recycling processing, the organization not only contributes to a cleaner environment but also equips individuals with the assets and skills necessary to become positive and productive members of the community. Through its buy-back recycling center and other initiatives, Tri City Economic Development Corporation is making a tangible difference in the lives of those in need while promoting sustainability and community involvement.





    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: $3,610
  • Program Service Revenue: $11,643,861
  • Gross Receipts: $18,191,270

    • Assets and Liabilities:
  • Total Assets: $6,152,468
  • Total Liabilities: $3,071,024
  • Net Assets: $3,081,444
  • Programs

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

    RECYCLING INCOME

    Revenue

    $11,643,861

    Organization Details

    Founding Year

    1980

    Principal Officer

    Richard Valle

    Main Address

    33377 WESTERN AVENUE, UNION CITY, CA, 94587

    NTEE Category

    Code: C270 - Environment

    If you are a representative of Tri City Economic Development Corporation 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.