2024-12-02T20:22:16-06:00 2024-06-30 571157523 Aprio Advisory Group LLC 150 Post Street Suite 200 San Francisco CA 94108 990 2023-07-01 205184429 California Emerging Technology Fund CALI 4157442383 PO Box 5897 Concord CA 94524 Rich Motta Treasurer 4157442383 2024-11-22 1 1 Edward Fahey P00194561 4157774488 2024-11-22 2023 2024-10-15 13:58:12Z Rich Motta 2151 Salvio Street Siute 252 concord CA 94520 2662388 0 X www.cetfund.org X 2006 CA Provide leadership statewide to minimize the Digital Divide by accelerating the deployment and adoption of broadband and other advanced communication services to unserved and underserved communities.Ensure that California is a global leader in the availability and use of broadband technology. 13 13 14 25 0 0 1363002 797416 1961379 1365465 241957 425084 7673 74423 3574011 2662388 1218540 2379899 0 0 2522683 2615753 0 0 0 5750665 5595618 9491888 10591270 -5917877 -7928882 27147491 18788602 893130 407819 26254361 18380783 X PROVIDE LEADERSHIP STATEWIDE TO CLOSE THE DIGITAL DIVIDE BY ACCELERATING THE DEPLOYMENT AND ADOPTION OF BROADBAND AND OTHER ADVANCED COMMUNICATION SERVICES TO UNSERVED AND UNDERSERVED COMMUNITIES. 0 0 8642912 2379899 CETF entered into Memoranda of Understanding (MOU) with Internet Service Providers (ISPs) Frontier Communications, Inc. (2015) and Charter Communications, Inc. (2016) to implement public benefits as a result of corporate consolidations. In addition to supporting and monitoring fulfillment of the MOU public benefit obligations by these ISPs, CETF managed $3 million in charitable funds from Frontier to achieve new broadband adoptions by low-income households in their service areas. CETF also received $32.5million ($6.5 million per year) from Charter through 2021 to continue core mission organizational operations and support School2Home and other digital inclusion programs in their service areas. In 2019, CETF entered into a MOU with T-Mobile in conjunction with their acquisition of Sprint which became effective in April 2020 when the transaction was approved by the CPUC. CETF has received $35 million from T-Mobile ($7 million per year) through 2024 for core mission and to implement School2Home and digital inclusion programs in their statewide service area. 53141 CETF was engaged by the City of San Jose through action by the City Council in February 2019 to manage approximately $24 million over 10 years for digital inclusion grants to non-profit communitybased organizations and public agencies. In February 2022, the City of San Jose revised its projection downward to approximately $8 million in digital inclusion grants. The CETF Board of Directors required a review of the contract with the City of San Jose after three years. The City of San Jose and CETF agreed to transition management of the program back to the city with a conclusion of the contract on September 30, 2023. CETF transferred remaining managed funds to the San Jose Public Library Foundation. 1248813 1365465 The CETF Board of Directors has adopted a 3-Year Strategic Plan for FY22-23 through FY24-25 which emphasizes 3 Overall Goals: Ubiquitous Deployment; Universal Adoption; and Deep Institutionalization. The incorporation of digital inclusion practices into all public agencies and major organizations serving low-income households and other disadvantaged populations is referred to as "Institutionalization" so that Digital Equity is "rooted" into organizational culture. To fulfill this Goal, CETF is pursuing partnerships with Public Agencies as a preferred high-performing vendor. 9944866 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 108 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X California Emerging Technology Fund 4157442383 PO Box 5897 Concord CA 94524 Richard Motta Treasurer 6.00 X X 46500 0 0 Carlos Ramos Director 2.00 X 7500 0 0 Renee Martinez Vice Chair 3.00 X X 7250 0 0 Barbara O'Connor Chair 2.00 X X 7000 0 0 Francis Gipson Director 2.00 X 6750 0 0 Jim Kirkland Director 2.00 X 6000 0 0 Darrell Stewart Secretary 2.00 X X 0 0 0 Jeff Campbell Director 2.00 X 0 0 0 Martha Escutia Director 2.00 X 0 0 0 Barb Johnston Yellowlees Director 2.00 X 0 0 0 Tim McCallion Director 2.00 X 0 0 0 Lenny Mendonca Director 2.00 X 0 0 0 Shireen Santosham Director 2.00 X 0 0 0 Sunne Wright McPeak President and CEO 40.00 X 412800 0 95164 Anne O Chief Management Officer 40.00 X 166200 0 35360 Agustin Urgiles School2Home Executive Manager 40.00 X 194600 0 38282 Leticia Alejandrez Director of Telehealth and Communications 40.00 X 174400 0 48720 Raquel Cinat School2Home Associate Vice President 40.00 X 178900 0 39627 Charlene Tatis Director of Digital Inclusion 40.00 X 150300 0 44401 Alana O'Brien Vice President Operations 40.00 X 148750 0 44318 1506950 0 345872 7 0 1 0 Hawksbill Group 873 Brown Drive EL DORADO HILLS CA 95672 Assistance with deployment and adoption 278783 Marissa Canche 17101 Hiawatha Drive Granda Hills CA 91344 Director of Broadband Adoption Grants 169700 Larry Best 3170 Phoenix Lane Alameda CA 94502 Director of Neighborhood Transformation 163500 Rosa Guerrero (Guerrero Consulting) 6033 Passons Blvd Pico Rivera CA 90660 Senior Program Director for School2Home 148400 Elaine Carpenter 2525 Larkens Street San Francisco CA 94109 Senior Consultant for School2Home 142750 5 570888 226528 797416 Public Partnership Pro 541900 1365465 1365465 1365465 425084 425084 Miscellaneous Income 541900 74423 74423 74423 2662388 1365465 0 499507 2379899 2379899 1852822 1574899 277923 485733 412873 72860 59218 50335 8883 82379 70022 12357 135601 115261 20340 7554 7554 61500 61500 863146 753370 109776 38709 33694 5015 52399 44539 7860 53947 45855 8092 23984 23984 43274 43274 5442 4626 816 59575 50639 8936 School 2 Home 2464113 2464113 Programs - Riverside Co 1254166 1254166 Media Relations and com 421982 421982 Call Center expenses 61329 61329 184498 183280 1218 10591270 9944866 646404 0 11463335 12998133 7167059 5222196 8419361 250667 150252 70341 77484 132671 126144 9252 6527 18143 83343 27147491 18788602 116258 101609 430000 222080 346872 84130 893130 407819 X 26246497 18299257 7864 81526 26254361 18380783 27147491 18788602 -7928882 55304 0 X X 0 1 X 1 1 1 X 35200000 250346 1243346 1363002 797416 38854110 35200000 250346 1243346 1363002 797416 38854110 38854110 8827 3055 5558 241957 425084 684481 74423 74423 39613014 3326844 0.98080 0.94470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 335523 0 0 335523 0 Part II-B, Line 1: CETF staff provided information and assistance requested by legislators. CETF also engaged registered lobbyist and properly reported their activity to the California Fair Political Practices Commission. CETF Promoted full collections and expenditure authority ($150M annually) for CASF. Sponsored Digital Equity Bill of Rights (AB414 - Reyes); passed and signed by Governor in 2023. Sponsored: Affordable Internet and Net Equality Act of 2024 / LifeLine Reform (AB1588 - Wilson); Telehealth For All Policy (AB1943 - Weber); Get Connected California Act of 2024 (SB1179, SB424). Supported DIVCA Reform (AB1826 - Holden). Promoted Education Technology Policy. 32347 32347 0 100324 93797 6527 6527 Lease Liabilities 84130 84130 X 2717692 55304 55304 2662388 0 2662388 10591270 0 10591270 0 10591270 Part X, Line 2: The Organization is a nonprofit organization exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Accordingly, no provision for federal income taxes is required. The Organization applies the guidance on accounting for uncertain tax provisions in FASB ASC 740 Income Taxes. The Organization is no longer subject to income tax examinations for tax years up to and including 2021. 1 Southland Integrated Systems 9862 Chapman Avenue Suite 100 Garden Grove CA 92841 953403526 501C(3) 6120 0 To support programs that increase broadband awareness and adoption Southeast Community Development Corp PO BOX 327 BELL CA 90201 954473319 501C(3) 14590 0 To support programs that increase broadband awareness and adoption Sigma Beta Xi 12125 Day Street Ste E303 Moreno Valley CA 92557 300779014 501C(3) 27770 0 To support programs that increase broadband awareness and adoption CSU Fresno Foundation 4910 North Chestnut Avenue FreSNO CA 93726 946003272 501C(3) 52180 0 To support programs that increase broadband awareness and adoption San Diego Association Of Governments 401 B Street Suite 800 SAN DIEGO CA 92101 100000 0 To support programs that increase broadband awareness and adoption Southern California Association Of Governments 900 Wilshire Blvd Suite 1700 LOS ANgeles CA 90017 100000 0 To support programs that increase broadband awareness and adoption County of Sonoma 2300 County Center Drive Suite A220 Santa Rosa CA 95403 25000 0 To support programs that increase broadband awareness and adoption AGIF Education Foundation of Santa Maria 702 E El Camino Santa Maria CA 93454 770289965 501C(3) 1153170 0 To support programs that increase broadband awareness and adoption California State Association of Counties 1100 K Street Sacramento CA 95814 946000551 501C(3) 100000 0 To support programs that increase broadband awareness and adoption Valley Vision PO Box 5897 Concord CA 94524 25000 0 To support programs that increase broadband awareness and adoption Inland Empire Regional Broadband Consort (IERBC) PO Box 236 Calimesa CA 92320 861756919 501C(3) 25000 0 To support programs that increase broadband awareness and adoption Imperial Valley Economic Dev Corp 2415 Imperial Business Park Dr Imperial CA 92251 330873809 501 c(6) 25000 0 To support programs that increase broadband awareness and adoption Economic Development Collaborative 4001 Mission Oaks Blvd Ste A 1 Camarillo CA 93012 770439585 501C(3) 25000 0 To support programs that increase broadband awareness and adoption Sierra Business Council PO Box 2428 Truckee CA 96160 680397204 501C(3) 25000 0 To support programs that increase broadband awareness and adoption North State Planning and Dev Collective PO Box 5897 Concord CA 94524 25000 0 To support programs that increase broadband awareness and adoption Monterey Bay Economic Partnership 3180 Imhin Rd Ste 102 Marina CA 93933 471379810 501C(3) 100000 0 To support programs that increase broadband awareness and adoption WiConduit 11150 Canyon Rd Forestville CA 95436 843431351 50000 0 To support programs that increase broadband awareness and adoption CalPoly Humboldt PO Box 5897 Concord CA 94524 100000 0 To support programs that increase broadband awareness and adoption La Deal PO Box 5897 Concord CA 94524 100000 0 To support programs that increase broadband awareness and adoption Best Practices (46 Local Governments) PO Box 5897 Concord CA 94524 45000 0 To support programs that increase broadband awareness and adoption County of Nevada California PO Box 5897 Concord CA 94524 25000 0 To support programs that increase broadband awareness and adoption Latinas Contra Cancer 25 N 14th Street Suite 670 San Jose CA 95112 562412069 501C(3) 10000 0 To support programs that increase broadband awareness and adoption FCC ACP Outreach Grants (multiple CBOs) PO Box 5897 Concord CA 94524 190264 0 To support programs that increase broadband awareness and adoption 12 11 Part I, Line 2: Grant recipients are required to submit periodic reports of progress in achieving the goals of the grant. These reports are reviewed and evaluated against stated project milestones. X X 0 0 0 0 0 0 0 0 0 Sunne Wright McPeak President and CEO 352800 0 60000 0 0 0 73500 0 21664 0 507964 0 0 0 Agustin Urgiles School2Home Executive Manager 164400 0 29000 0 1200 0 24660 0 13622 0 232882 0 0 0 Leticia Alejandrez Director of Telehealth and Communica 153200 0 20000 0 1200 0 22980 0 25740 0 223120 0 0 0 Raquel Cinat School2Home Associate Vice President 151200 0 26500 0 1200 0 22680 0 16947 0 218527 0 0 0 Anne O Chief Management Officer 147000 0 18000 0 1200 0 22050 0 13310 0 201560 0 0 0 Charlene Tatis Director of Digital Inclusion 129600 0 19500 0 1200 0 19440 0 24961 0 194701 0 0 0 Alana O'Brien Vice President Operations 123050 0 24500 0 1200 0 18458 0 25860 0 193068 0 0 0 Form 990, Part VI, Section B, line 11b Return reviewed and signed by Treasurer before filing. Form 990, Part VI, Section B, line 12c Compliance with the conflict of interest policy is monitored on an annual basis. Form 990, Part VI, Section B, line 15 Executive committee reviews compensation on an annual basis. Form 990, Part VI, Section C, line 19 Available on organization website. Form 990, Part XII, Line 2c: No changes since prior year.