SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION

EIN 27-0385918 · Economic Development (S30)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders57 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.51%of revenue went to mission work90.0% of expenses · Program services

$84.98spent for every $100 of revenueRevenue covered expenses this year.

8.47%of revenue went to management and office costs10.0% of expenses

$1.18in assets for every $1 spent this yearSome assets cannot be spent right away.

81.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $151,968 for ONDRE SELTZER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,140,835

Mission workProgram services$872,84976.51% of revenue90.0% of expenses

ManagementOffice and general costs$96,6498.47% of revenue10.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$171,33715.02% of revenueShown in gray on the chart

Total expenses$969,49884.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 84.98% of revenue

2023Expense mix: 89.7% mission · 10.3% management · 0.0% fundraisingTotal expenses: 93.82% of revenue

2022Expense mix: 88.4% mission · 11.6% management · 0.0% fundraisingTotal expenses: 90.11% of revenue

2021Expense mix: 78.4% mission · 21.6% management · 0.0% fundraisingTotal expenses: 94.69% of revenue

2020Expense mix: 81.4% mission · 18.6% management · 0.0% fundraisingTotal expenses: 114.78% of revenue

2019Expense mix: 79.7% mission · 20.3% management · 0.0% fundraisingTotal expenses: 120.51% of revenue

2018Expense mix: 83.1% mission · 16.9% management · 0.0% fundraisingTotal expenses: 86.16% of revenue

2017Expense mix: 81.3% mission · 18.7% management · 0.0% fundraisingTotal expenses: 90.32% of revenue

Money in and money out

Revenue$1,140,835

Expenses$969,498

Annual surplus $171,337 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$872,849 · 90.0% of expenses

Management and office costs$96,649 · 10.0% of expenses

See all reported dollar amounts

Revenue$1,140,835

Expenses$969,498

Assets$1,139,620

Income$1,140,835

Contributions$930,640

Mission work (program services)$872,849

Management and general$96,649

Executive compensation (total)$174,500

Stocks and bonds$131

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ONDRE SELTZERPRESIDENT · 40 hrs/week $151,968Base $137,601 · Other $14,367

JEY WAGNERPRESIDENT · 40 hrs/week $139,510Base $114,160 · Other $25,350

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (57)

ONDRE SELTZERPRESIDENT

JEY WAGNERPRESIDENT

MITZI LIKEDIRECTOR

JOHN PRABHUDIRECTOR

JOHN SHAFFERYCO-DIRECTOR

JOHN VANCEDIRECTOR

KEN STRIPLINDIRECTOR

KEVIN KLOKENGADIRECTOR

MARCIE WASHBURNDIRECTOR

MARIA HIGGINSDIRECTOR

MARISOL ESPINOZADIRECTOR

MATT DIERKMANDIRECTOR

MATTHEW SHEPHERDDIRECTOR

MICHAEL DELORENZODIRECTOR

MICHAEL PERLMUTTERDIRECTOR

MIKE ALFREDDIRECTOR

JIM TANNERDIRECTOR

NATE PATENADIRECTOR

NEAL WEICHELDIRECTOR

NICK JACOBYDIRECTOR

PHILIP TSUIDIRECTOR

RAVI S RAJANDIRECTOR

STEPHANIE ENGLISHDIRECTOR

STEPHANIE WALLACEDIRECTOR

STEVE CASSULODIRECTOR

TAMARA GURNEYDIRECTOR

THOMAS DIPRIMADIRECTOR

TREVOR MORRISDIRECTOR

WILLIAM SLOANDIRECTOR

DON FLEMINGDIRECTOR

ADEL VILLALOBOSDIRECTOR

ANA FONSECADIRECTOR

BRIAN KITEDIRECTOR

CAL NAULLSDIRECTOR

CALVIN HEDMANCO-CHAIRMAN OF THE BOARD/C

CRAIG MCCRARYDIRECTOR

CRAIG PETERSDIRECTOR

DALE DONOHOEDIRECTOR

DANIEL FAINADIRECTOR

DAVID MOLNARDIRECTOR

DAVID RENDALLDIRECTOR

DENNIS VERNERDIRECTOR

DIANNE VAN HOOKSECRETARY

JOHN BECKDIRECTOR

DONALD L KIMBALLCO-CHAIR/SECRETARY

EVAN FAUCETTEDIRECTOR

GARY HORTONDIRECTOR

GARY SAENGERDIRECTOR

HENRY RODRIGUEZDIRECTOR

JASON BEAMANDIRECTOR

JAY SCHUTZDIRECTOR

JEFF HARRISDIRECTOR

JEFF WEBERDIRECTOR

JEREMY STEPANDIRECTOR

JEY LACEYDIRECTOR

JIM BACKERDIRECTOR

ADAM BROWNINGDIRECTOR

About this charity

Recognized since: January 2009
Location: UCEN 263, VALENCIA, CA 91355-0000
County: Los Angeles
In care of: ONDRE SELTZER
Primary officer: ONDRE SELTZER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(661) 288-4400

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HEDMAN PARTNERS LLP
NTEE classification: Economic Development (S30)
IRS tax category: Economic Development