2026-09-23T12:16:29-07:00 2026-06-30 742638320 West Davis & Company LLP 8200 North Mopac Expressway Suite 1 Austin TX 78759 990 2025-07-01 942674882 ARCATA ECONOMIC DEVELOPMENT CORPORATION ARCA 7077986132 707 K STREET EUREKA CA 95501 ROSS WELCH EXECUTIVE DIRECTOR 7077986132 2026-09-22 true Rob West CPA P00218847 5038286650 2025 NORTH EDGE BUSINESS FINANCING AND COMMUNITY DEVELOPMENT ROSS WELCH 707 K STREET EUREKA CA 95501 12662844 false X WWW.NORTHEDGEFINANCING.ORG X 1978 CA TO PROMOTE ECONOMIC DEVELOPMENT IN THE NORTH COAST REGION OF CALIFORNIA BY PROVIDING BUSINESS LENDING AND TECHNICAL ASSISTANCE SERVICES, COMMUNITY ECONOMIC DEVELOPMENT ASSISTANCE, AND MICROLOAN BUSINESS ASSISTANCE & TRAINING. 10 10 10 0 0 0 4586568 11483342 972884 1093007 106196 86495 0 5665648 12662844 3002790 9948407 0 847660 899265 0 0 1084270 1013776 4934720 11861448 730928 801396 19010277 16942589 11969113 9100029 7041164 7842560 TO PROMOTE ECONOMIC DEVELOPMENT IN THE NORTH COAST REGION OF CALIFORNIA BY PROVIDING BUSINESS LENDING AND TECHNICAL ASSISTANCE SERVICES, COMMUNITY ECONOMIC DEVELOPMENT ASSISTANCE, AND MICROLOAN BUSINESS ASSISTANCE & TRAINING. false false 971593 0 1104194 AEDC PROVIDES LOANS FOR SMALL BUSINESSES LOCATED THROUGHOUT NORTHERN CALIFORNIA. AEDC MADE 11 NEW LOANS DURING THE FISCAL YEAR. AT YEAR END, AEDC HAD 82 SMALL BUSINESS LOANS IN ITS PORTFOLIO. ADDITIONALLY, AEDC ADMINISTERED SMALL BUSINESS LOANS FOR LOCAL GOVERNMENTAL AGENCIES AND PROVIDED TECHNICAL ASSISTANCE AND TRAINING TO SMALL BUSINESSES THROUGHOUT NORTHERN CALIFORNIA. 10782691 9948407 75308 AEDC MANAGES SEVERAL PROGRAMS TO PROMOTE ECONOMIC DEVELOPMENT IN NORTHERN CALIFORNIA. AEDC ORGANIZES AN ECONOMIC DEVELOPMENT SUMMIT TO SUPPORT ENTREPRENEURS AND SMALL BUSINESSES. EMERGING LEADERS ARE BROUGHT TOGETHER FOR ESTABLISHING COLLABORATIVE STRATEGIES. AEDC PROVIDES OPPORTUNITIES FOR LOCAL NATIVE TRIBES TO COLLABORATE IN APPLYING FOR GRANTS. 11754284 true true false false false false false false false false true false false false false false true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 143 0 10 true false false false false false false false false false false X 10 10 false false false false false false false true true false false false true true true true true true true false CA X X TRACY TAYLOR 7077986132 707 K STREET EUREKA CA 95501 ROSS WELCH EXECUTIVE DIRECTOR 40.00 X 125130 0 12932 FAWN SCHEER BOARD CHAIR 1.00 X 0 0 0 AJ GONZALES VICE CHAIR 1.00 X 0 0 0 MICHAEL PROULX TREASURER 1.00 X 0 0 0 JANET DEPACE SECRETARY 1.00 X 0 0 0 MANDY MARQUEZ DIRECTOR 1.00 X 0 0 0 LARRY OETKER DIRECTOR 1.00 X 0 0 0 TERRY SUPAHAN DIRECTOR 1.00 X 0 0 0 AMBER WEIR DIRECTOR 1.00 X 0 0 0 WALT GEIST DIRECTOR 1.00 X 0 0 0 NICOLE FLORA DIRECTOR 1.00 X 0 0 0 125130 0 12932 1 false false false 11361633 121709 11483342 LOAN INTEREST AND FEES 525990 661457 0 0 PORTFOLIO MANAGAMENT 525990 283552 0 0 SBA 504 INCOME 525990 72690 0 0 PROGRAM MANAGEMENT 525990 63381 0 0 RECOVERIES & REIMBURSEMENTS 525990 11927 0 0 1093007 86495 0 0 12662844 1179502 0 0 9419056 9419056 529351 529351 138062 124947 13115 0 563804 510245 53559 0 39852 38219 1633 0 103466 99226 4240 0 54081 49949 4132 0 68863 68713 150 0 39522 28956 10566 0 108447 91188 17259 0 56207 55011 1196 0 21515 21515 0 0 12252 10938 1314 0 63903 63903 0 0 74727 74727 0 0 29048 29048 0 0 44174 44174 0 0 BAD DEBTS 87731 87731 0 0 CERF & ARPA OUTREACH 369446 369446 0 0 PROJECT EXPENSES 19502 19502 0 0 PORTFOLIO EXPENSES 18439 18439 0 0 11861448 11754284 107164 0 300 300 8122854 7588299 32066 27208 619688 830967 7875558 8083283 614461 0 58911 60298 568168 215934 375656 352234 1310783 0 19010277 16942589 499192 635100 4791793 2639713 4178128 3325216 2500000 2500000 11969113 9100029 X 6373873 6930837 667291 911723 7041164 7842560 19010277 16942589 801396 X false true X true true true X 0 1575714 2641042 4341453 4586568 11483342 24628119 0 0 1575714 2641042 4341453 4586568 11483342 24628119 0 24628119 0 0 0 24628119 1.00000 1.00000 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 60000 60000 349073 87268 261805 128513 98084 30429 30582 30582 0 352234 12662844 12662844 12662844 11861448 11861448 11861448 true CHILDCARE FACILITIES SUPPORT 384 498767 CERF STIPENDS 222 30584 Pt I Line 2 FOR THE ARPA CHILDCARE FUNDS, WE HAVE ESTABLISHED THE ARPA ACCOUNTABILITY Pt I Line 2 TEAM, A GROUP OF PARTNERS, INCLUDING THE COUNTY OF HUMBOLDT, WHO ARE Pt I Line 2 FAMILIAR WITH THE CONTRACT AND THE PURPOSE OF THE FUNDING. THE GROUP Pt I Line 2 MEETS BIWEEKLY TO REVIEW ANY CRITERIA AND ANY OPERATING PROCEDURES FOR Pt I Line 2 THE PROGRAM TO ASSURE THAT WE ARE MEETING THE SPIRIT AND THE TECHNICAL Pt I Line 2 REQUIREMENTS OF THE GRANT. WE HAVE WRITTEN SOPS FOR EACH PROGRAM, WITH Pt I Line 2 BUILT IN AUDITING FOR ANY FUNDING THAT IS DISTRIBUTED. FOR CERF, WE ARE Pt I Line 2 WORKING WITH PARTNERS TO ASSURE THAT THEY ARE USING THEIR FUNDS Pt I Line 2 APPROPRIATELY. WE DO THAT BY RECEIVING MONTHLY REPORTS FROM OUR PARTNERS Pt I Line 2 AND ALL OF THEIR BACK UP RECEIPTS. FOR ANY RECEIPT THAT IS NOT EXPLAINED Pt I Line 2 ON THE SUBMISSION, WE WILL FOLLOW UP TO GET FURTHER EXPLANATION. AS WE Pt I Line 2 DETERMINE WHERE WE HAVE RECURRING QUESTIONS, WE WILL CREATE NEW Pt I Line 2 TEMPLATES FOR PARTNERS TO PROVIDE ENHANCED REPORTING. WE ALSO SUBMIT Pt I Line 2 MONTHLY REPORTS TO THE STATE OF CALIFORNIA (EDD) AND MEET WITH THEM EACH Pt I Line 2 MONTH TO DISCUSS THE PROGRESS OF THE GRANT AND ANSWER ANY QUESTIONS Pt I Line 2 THEY HAVE ABOUT OUR SUBMITTED INVOICES. Pt VI, Line 12c ARCATA ECONOMIC DEVELOPMENT CORPORATION REGULARLY AND Pt VI, Line 12c CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE Pt VI, Line 12c CONFLICT OF INTEREST POLICY AND TAKES CORRECTIVE ACTION Pt VI, Line 12c AS NECESSARY. Pt VI, Line 15a SALARY RECOMMENDATIONS GO TO THE EXECUTIVE COMMITTEE Pt VI, Line 15b FOR APPROVAL. THE EXECUTIVE COMMITTEE REVIEWS THE Pt VI, Line 15b RECOMMENDATIONS AND MAKES RECOMMENDATIONS TO THE BOARD Pt VI, Line 15b OF DIRECTORS CONCERNING ANNUAL STAFFING LEVELS, Pt VI, Line 15b COMPENSATION, AND INCENTIVE PLANS. Pt VI, Line 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL Pt VI, Line 19 REPORTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Pt VI, Line 11b THE EXECUTIVE DIRECTOR AND THE FINANCE DIRECTOR Pt VI, Line 11b REVIEW THE FORM 990, WHICH IS THEN SUBMITTED TO THE Pt VI, Line 11b BOARD FOR REVIEW PRIOR TO FILING.