ECONOMIC DEVELOPMENT CORPORATION SAN DIEGO COUNTY Charity Report

Public IRS 990 nonprofit record

ECONOMIC DEVELOPMENT CORPORATION SAN DIEGO COUNTY

EIN 95-2406199 · Homeowners & Tenants Associations (L50)

What they do

to MAXIMIZE THE REGIONS ECONOMIC PROSPERITY and GLOBAL COMPETITIVENESS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.30 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 leaders76 people are listed in the latest report.

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

Money made simple

86.02%of revenue went to mission work86.3% of expenses · Program services

$99.72spent for every $100 of revenueRevenue covered expenses this year.

13.70%of revenue went to management and office costs13.7% of expenses

$0.90in assets for every $1 spent this yearSome assets cannot be spent right away.

68.7%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 $472,808 for MARK CAFFERTY (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$4,301,353

Mission workProgram services$3,699,81086.02% of revenue86.3% of expenses

ManagementOffice and general costs$589,49313.70% of revenue13.7% of expenses

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

Revenue left after expensesReported annual surplus$12,0500.28% of revenueShown in gray on the chart

Total expenses$4,289,30399.72% 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: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 99.72% of revenue

2023Expense mix: 85.5% mission · 14.5% management · 0.0% fundraisingTotal expenses: 99.73% of revenue

2022Expense mix: 84.3% mission · 15.7% management · 0.0% fundraisingTotal expenses: 100.19% of revenue

Money in and money out

Revenue$4,301,353

Expenses$4,289,303

Annual surplus $12,050 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)$3,699,810 · 86.3% of expenses

Management and office costs$589,493 · 13.7% of expenses

See all reported dollar amounts

Revenue$4,301,353

Expenses$4,289,303

Assets$3,860,448

Income$4,656,572

Contributions$2,955,090

Mission work (program services)$3,699,810

Management and general$589,493

Accounting fees$29,271

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

MARK CAFFERTYPRESIDENT & CEO · 40 hrs/week $472,808Base $451,194 · Other $21,614

LAUREE SAHBACOO · 40 hrs/week $347,275Base $328,325 · Other $18,950

NIKIA CLARKESENIOR VICE PRESIDENT · 40 hrs/week $254,657Base $240,750 · Other $13,907

EDUARDO VELASQUEZSR. DIRECTOR · 40 hrs/week $159,530Base $150,500 · Other $9,030

JENNIFER STORMEXECUTIVE DIRECTOR · 40 hrs/week $142,120Base $134,075 · Other $8,045

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 (76)

MARK CAFFERTYPRESIDENT & CEO

LAUREE SAHBACOO

NIKIA CLARKESENIOR VICE PRESIDENT

EDUARDO VELASQUEZSR. DIRECTOR

JENNIFER STORMEXECUTIVE DIRECTOR

MANUEL RODRIGUEZDIRECTOR

MONIQUE RODRIGUEZDIRECTOR

MIKE NEALDIRECTOR

MATTHEW LUXTONDIRECTOR

MARK STUARTDIRECTOR

MARK MILLIRONDIRECTOR

MARK FIELDDIRECTOR

KEVIN PEGELSDIRECTOR

LISETTE ISLASVICE CHAIR INCLUSION

LINDEN BLUEDIRECTOR

LAURA MACNEELDIRECTOR

LAURA GARRETTDIRECTOR

KIMBERLY BREWERDIRECTOR

KIMBERLY BECKERDIRECTOR

KEITH B JONESDIRECTOR

SHELLEY LYFORDDIRECTOR

ZOE CAWLFIELDDIRECTOR

TOM PENNDIRECTOR

TOM BETHMANNDIRECTOR

TIAGO CARNEIRODIRECTOR

THOMAS SEIDLERVICE CHAIR

TAD PARZENDIRECTOR

STEVE PONTELLDIRECTOR

STEFFI HAFENDIRECTOR

SIDDHARTHA VIVEKDIRECTOR

NELSON ACKERLYDIRECTOR

SANDRA MCDONOUGHDIRECTOR

ROBERT BLAIRDIRECTOR

RHO CAULEY BRUNERDIRECTOR

RAY VARELADIRECTOR

PRADEEP KHOSLADIRECTOR

PETER TOWNSHENDDIRECTOR

PAUL BARIBAULTDIRECTOR

PATRICIO FRIASDIRECTOR

BRUCE FOLKMANNTREASURER

DANIEL RYANDIRECTOR

DAN DENHAMDIRECTOR

COLTON SUDBERRYDIRECTOR

CLIFFORD CHODIRECTOR

CHRIS WILLIAMSDIRECTOR

CHRIS AMBLEDIRECTOR

CARLOS NUNEZDIRECTOR

CARLOS GONZALEZDIRECTOR

BRYAN BENSODIRECTOR

DAVID CHERASHOREDIRECTOR

BARBARA WIGHTDIRECTOR

ASHLEY HAYSLIPDIRECTOR

ARNULFO MANRIQUEZDIRECTOR

ANNE MARBARGERDIRECTOR

ALISON FLEURYDIRECTOR

ALISON BUDELSKYDIRECTOR

ALESSANDRA LEZAMADIRECTOR

ADELA DE LA TORREDIRECTOR

JANICE BROWNDIRECTOR

AARON RYANDIRECTOR

KATHRYN LEMBODIRECTOR

KAREN REINHARDTDIRECTOR

JUNE KOMARDIRECTOR

JULI MORANDIRECTOR

JENNIE BROOKSBOARD CHAIR

JEFF LINDEMANDIRECTOR

JASON JAGERDIRECTOR

KERRY FULCHERDIRECTOR

JANE FINLEYDIRECTOR

JAMES HARRISDIRECTOR

JAKE LEACHDIRECTOR

GRANT OLIPHANTDIRECTOR

ERIC ICKEDIRECTOR

ELLEN NEUFELDTDIRECTOR

DERRICK YORKDIRECTOR

DENNIS DOUCETTEDIRECTOR

About this charity

Recognized since: January 1966
Location: 1100 MARKET ST 438, SAN DIEGO, CA 92101-7420
County: San Diego
In care of: MARK CAFFERTY
Primary officer: MARK CAFFERTY, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(619) 234-8484

Filing and classification

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