2024-05-15T13:51:06-05:00 2023-06-30 814195533 AP GROUP INC 950 GLENN DRIVE SUITE 125 FOLSOM CA 95630 990 2022-07-01 680377492 FOLSOM COMMUNITY DEVELOPMENT CORPORATION FOLS 9169852698 200 WOOL STREET FOLSOM CA 95630 JOSEPH GAGLIARDI CEO/PRESIDENT 9169852698 2024-05-15 1 JOSEPH GAGLIARDI 999009999 0 ANGIE PAPENDICK P00561515 9164000022 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSEPH GAGLIARDI 200 WOOL STREET FOLSOM CA 95630 430915 0 X WWW.CHOOSEFOLSOM.COM X 1996 CA PROVIDING FOR AND PROMOTING THE ECONOMIC WELL-BEING IN FOLSOM. 6 6 6 10 49088 0 166700 322695 0 49088 0 0 -2506 -19766 164194 352017 0 0 0 0 155219 117242 0 0 0 114178 199794 269397 317036 -105203 34981 714981 753583 652624 671472 62357 82111 X THE ORGANIZATION WILL ENCOURAGE SOUND AND BENEFICIAL ECONOMIC DEVELOPMENT IN THE CITY OF FOLSOM BY DEVELOPING AND MANAGING REAL PROPERTY. THE CORPORATION WILL LESSEN THE BURDENS OF GOVERNMENT BY ASSISTING IN DEVELOPING PUBLIC PROPERTIES. THE CORPORATION WILL PROMOTE SOCIAL WELFARE AND COMBAT COMMUNITY DETERIORATION BY DEVELOPING AND MANAGING DISADVANTAGED REAL PROPERTY IN FOLSOM. 0 0 251469 312695 THE CORPORATION ENCOURAGED SOUND AND BENEFICIAL ECONOMIC DEVELOPMENT IN THE CITY OF FOLSOM BY DEVELOPING AND MANAGING REAL PROPERTY. THE CORPORATION LESSENED THE BURDENS OF GOVERNMENT BY ASSISTING IN DEVELOPING PUBLIC PROPERTIES. THE CORPORATION PROMOTED SOCIAL WELFARE AND COMBAT COMMUNITY DETERIORATION BY DEVELOPING AND MANAGING DISADVANTAGED REAL PROPERTY IN FOLSOM. 251469 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 6 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 CA X JOSEPH GAGLIARDI 9169852698 200 WOOL STREET FOLSOM CA 95630 ROBERT HOLDERNESS CHAIR 0.25 0.25 X X 0 0 0 ROBERT FLAUT VICE CHAIR 0.25 0.25 X X 0 0 0 ROB ARAGON TREASURER 0.25 0.25 X X 0 0 0 DON REID SECRETARY 0.25 0.25 X X 0 0 0 JOHN MESSNER DIRECTOR 0.25 0.25 X X 0 0 0 EILEEN REYNOLDS DIRECTOR 0.25 0.25 X X 0 0 0 JOSEPH GAGLIARDI CEO/PRESIDENT 20.00 41.00 X 109442 109951 5598 109442 109951 5598 1 0 1 0 0 25903 296792 322695 EMPLOYEE RETENTION CRE 900099 49088 49088 49088 59132 78898 -19766 -19766 -19766 352017 0 49088 -19766 109442 109442 7800 7800 5367 5367 1170 1170 6627 6627 6000 6000 44283 44283 21713 21713 65 65 21284 21284 OUTSIDE SERVICES 68752 68752 STAFFING 17675 17675 50EA 4250 4250 PUBLIC RELATIONS 2400 2400 208 208 317036 251469 65567 0 16892 19299 107123 83881 0 799 475379 6993 472218 468386 118748 181218 714981 753583 25793 85175 177034 169322 449797 416975 652624 671472 X 0 0 0 0 62357 82111 62357 82111 714981 753583 X 34981 -15227 X 0 0 0 X 248000 124216 251325 179200 322695 1125436 248000 124216 251325 179200 322695 1125436 260419 865017 1125436 0.76860 0.68700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350000 350000 125379 6993 118386 468386 DUE FROM AFFILIATES 122897 WORK IN PROGRESS 58321 181218 X X X 0 0 0 0 0 0 0 0 0 JOSEPH GAGLIARDI CEO/PRESIDENT 109442 109951 0 0 0 0 0 0 0 0 109442 109951 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS, BY A MAJORITY OF ITS MEMBERS, MAY DESIGNATE THREE (3) OR MORE OF ITS MEMBERS TO CONSTITUTE AN EXECUTIVE COMMITTEE AND DELEGATE SUCH COMMITTEE ANY OF THE POWERS AND AUTHORITY OF THE BOARD IN MANAGE OF BUSINESS AND AFFAIRS OF THE CORPORATION, EXCEPT THE POWER TO ADOPT, AMEND OR REPEAL THE BYLAWS OR ARTICLES OF THE SELECTION OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. UPON DELIVERY OF THE TAX RETURN, THE BOARD MEMBERS DISCUSS ANY QUESTIONS OR COMMENTS THEY MAY HAVE ON THE 990 WITH THE PREPARER OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12 THE BOARD MONITORS COMPLIANCE ANNUALLY WHEN NEW OFFICERS ARE ELECTED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD FORMS A COMMITTEE THAT REVIEWS AND SETS THE CEO'S SALARIES AND COMPARES THE COMPENSATION TO OTHER NON-PROFITS (CHAMBERS). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK TO TAX DEPRECIATION ADJUSTMENT 78. PRIOR PERIOD ADJUSTMENT -15,305. FOLSOM TOURISM ECONOMIC DEVELOPMENT 200 WOOL STREET FOLSOM CA 95630 680451036 ECONOMIC DEVELOPMENT OF THE CITY OF FOLSOM CA 501(C)(6) 0 FOLSOM CHAMBER OF COMMERCE 200 WOOL STREET FOLSOM CA 95630 941573092 TO CONNECT BUSINESS AND COMMUNITY CA 501(C)(6) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 FOLSOM TOURISM ECONOMIC DEVELOPMENT C 55000 PROGRAM SUPPORT FOLSOM TOURISM ECONOMIC DEVELOPMENT Q 113302 PERSONNEL COSTS AND SERVICES PAID