THE ECONOMIC DEVELOPMENT CORPORATION SERVING FRESNO COUNTY Charity Report

Public IRS 990 nonprofit record

THE ECONOMIC DEVELOPMENT CORPORATION SERVING FRESNO COUNTY

EIN 94-2816185 · Homeowners & Tenants Associations (L50)

What they do

to Promote and Maintain A Strong Business Climate Throughout The City and to Foster A Healthy and Sustainable Economy for The Benefit of The Entire Community.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.20 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 leaders42 people are listed in the latest report.

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

Money made simple

93.01%of revenue went to mission work96.2% of expenses · Program services

$96.63spent for every $100 of revenueRevenue covered expenses this year.

3.62%of revenue went to management and office costs3.8% of expenses

$0.57in assets for every $1 spent this yearSome assets cannot be spent right away.

99.3%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 $181,801 for WILL OLIVER (PRESIDENT & CEO). 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$10,163,247

Mission workProgram services$9,452,71893.01% of revenue96.2% of expenses

ManagementOffice and general costs$368,3073.62% of revenue3.8% of expenses

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

Revenue left after expensesReported annual surplus$342,2223.37% of revenueShown in gray on the chart

Total expenses$9,821,02596.63% 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: 96.2% mission · 3.8% management · 0.0% fundraisingTotal expenses: 96.63% of revenue

2023Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 95.50% of revenue

2022Expense mix: 90.9% mission · 9.1% management · 0.0% fundraisingTotal expenses: 93.99% of revenue

2021Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 92.80% of revenue

2020Expense mix: 89.5% mission · 10.2% management · 0.3% fundraisingTotal expenses: 98.86% of revenue

2019Expense mix: 87.4% mission · 11.8% management · 0.9% fundraisingTotal expenses: 98.77% of revenue

2018Expense mix: 88.2% mission · 10.3% management · 1.5% fundraisingTotal expenses: 98.87% of revenue

2017Expense mix: 86.0% mission · 11.9% management · 2.1% fundraisingTotal expenses: 97.76% of revenue

Money in and money out

Revenue$10,163,247

Expenses$9,821,025

Annual surplus $342,222 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)$9,452,718 · 96.2% of expenses

Management and office costs$368,307 · 3.8% of expenses

See all reported dollar amounts

Revenue$10,163,247

Expenses$9,821,025

Assets$5,561,553

Income$10,375,289

Contributions$10,093,178

Mission work (program services)$9,452,718

Management and general$368,307

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

WILL OLIVERPRESIDENT & CEO · 40 hrs/week $181,801Base $165,300 · Other $16,501

PAUL THORNCONTROLLER · 40 hrs/week $117,801Base $99,760 · Other $18,041

CHRIS ZEITZVP OF WORKFORCE · 40 hrs/week $103,218Base $90,987 · Other $12,231

MOHAMED HUSSINVP OF ADMINISTR · 40 hrs/week $94,638Base $83,973 · Other $10,665

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 (42)

WILL OLIVERPRESIDENT & CEO

PAUL THORNCONTROLLER

CHRIS ZEITZVP OF WORKFORCE

MOHAMED HUSSINVP OF ADMINISTR

ROLSTON ST HILAIREDIRECTOR

KEN RAMOSDIRECTOR

KURT MADDENDIRECTOR

KYLE RIDDERINGDIRECTOR

NELSON ESPARZADIRECTOR

NICHOLAS AUDINOVICE CHAIRMAN

PAUL NERLANDDESIGNATED DIR

PETER SANCHEZDIRECTOR

RICHARD CAGLIASECRETARY

JULIAN RAMOSDIRECTOR

ROSS PARNAGIANDIRECTOR

SCOTT MILLERDIRECTOR

STEVE ALARCONDIRECTOR

TOM ZIMMERMANDIRECTOR

TYLER HEDDENAT-LARGE DIRECT

TYRONE RODERICK WILLIAMSDIRECTOR

VAHAGN BZNOUNIDIRECTOR

WINDELL PASCASCIO JRDIRECTOR

DEBBIE HUNSAKERDIRECTOR

AL SOLISPAST CHAIR

ALEXANDER HENDERSONDIRECTOR

ANDREW HAUSSLERDESIGNATED DIR

ANNA BROOKSAT-LARGE DIRECT

BUDDY MENDESDIRECTOR

BUK WAGNERDIRECTOR

CAROLE GOLDSMITHDIRECTOR

CHUCK RIOJASDIRECTOR

COURTNEY SMITTCAMPDIRECTOR

ADAM GOLDFARBDIRECTOR

DEREK HAYASHIDIRECTOR

DIANA GOMEZDIRECTOR

ED DUNKELCHAIRMAN

FRANK HAMBALEKTREASURER

GEORGEANNE WHITEDESIGNATED DIR

GINO CAYANANDIRECTOR

JACKIE CUEVASMANAGER

JOHN BRELSFORDAT-LARGE DIRECT

JOHN JANSONSDIRECTOR

About this charity

Recognized since: January 1982
Location: 1060 FULTON ST 4TH FLOOR, FRESNO, CA 93721-2512
County: Fresno
In care of: Paul Thorn
Primary officer: Paul Thorn, Controller

How to reach them

WebsiteVisit the charity’s website Phone(559) 476-2500

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HENDERSON CPAS
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations