2026-02-26T18:53:13-08:00 2025-06-30 680399737 Janine Weber Bookkeeping and Tax 3876 Torrington Way Fairfield CA 94533 990 2024-07-01 911790564 Solano Economic Devco Corp SOLA 7078641855 5050 Business Center Dr Fairfield CA 94534 Christopher E Rico President & CEO 7078641855 2025-09-28 true true Janine Weber P00236237 7074218391 2026-02-26 X 2024 2025-03-06 01:10:19Z Solano EDC Christopher E Rico 5050 Business Center Dr Ste 200 Fairfield CA 94534 1309445 false X www.solanoedc.org X 1997 CA To bring greater prosperity to the people, businesses, and communities of Solano County through partnerships, projects, and programs that focus on Business Attraction, Business Retention and Expansion, and projects that serve the Public Good. 47 47 13 49 0 0 0 1191211 1248934 2315 10878 16004 20289 1209530 1280101 0 0 887993 1031237 0 0 230616 260502 1118609 1291739 90921 -11638 2266136 3961903 2037963 3745368 228173 216535 To bring greater prosperity to the people, businesses, and communities of Solano County through partnerships, projects, and programs that focus on Business Attraction, Business Retention and Expansion, and projects that serve the Public Good. false false Bay Area Regional Energy Network (BayREN) is a collaboration of the nine Bay Area Counties aimed at promoting energy efficiency, water conservation, and greenhouse gas reduction for residents, businesses, and local governments within the region. Revolving Loan Program: In partnership with the County of Solano, utilizing American Rescue Plan (ARPA) funds, we collaborated with three local lenders, First Northern Bank, Travis Credit Union and Valley Strong Credit union to create a revolving loan fund to assist local small businesses with financial recovery from the impacts of Covid 19. The Solano EDC Business Retention Program is aimed at actively supporting and maintaining existing businesses within Solano County, by understanding their needs and providing resources to help them grow and thrive within the community. false false false true false false false false false true false false false true false true true false false false false false false true false false false false true false false false false false false false false false false false true false false false true 3 0 true 13 true false false false false false false X 47 47 true false false false true true false true true false false true true true true true false true true false CA X Chris Rico 7078641855 5050 Business Center Dr Ste 200 Fairfield CA 94534 Christopher E Rico President / CEO 40.00 X 225441 0 0 J Paul Harrington Vice President 40.00 X 156495 0 0 Kevin Miller Chairman 3.00 X X 0 0 0 Kelley Jaeger-Jackson Vice Chair 3.00 X X 0 0 0 Nicole Byrd Braddock Treasurer 3.00 X X 0 0 0 David Gassaway Secretary 2.00 X X 0 0 0 Dr Kellie Butler Director 1.00 X 0 0 0 Savita Chaudhary Director 1.00 X 0 0 0 David Danzeisen Director 1.00 X 0 0 0 Bill Emlen Director 1.00 X 0 0 0 Daryl Halls Director 1.00 X 0 0 0 Newman Hoffman Director 1.00 X 0 0 0 Chris Matthews Director 1.00 X 0 0 0 Onassis McFarlane Director 1.00 X 0 0 0 Scott Reynolds Director 1.00 X 0 0 0 James Russell-Field Director 1.00 X 0 0 0 Scott Sheldon Director 1.00 X 0 0 0 Jeremiah Smith Director 1.00 X 0 0 0 Sanjit Sodhi Director 1.00 X 0 0 0 Naytri Sramek Director 1.00 X 0 0 0 Lindsey Strange Director 1.00 X 0 0 0 Wanda Williams Director 1.00 X 0 0 0 Paul Adler Director 0.50 X 0 0 0 Greg Armstrong Director 0.50 X 0 0 0 Bill Biasi Director 0.50 X 0 0 0 John Carli Director 0.50 X 0 0 0 Kim Castaneda Director 0.50 X 0 0 0 Jeremy Craig Director 0.50 X 0 0 0 Lisette Estrella-Henderson Director 0.50 X 0 0 0 Theresa Fortier Director 0.50 X 0 0 0 Mario Giuliani Director 0.50 X 0 0 0 Alma Hernandez Director 0.50 X 0 0 0 Dave Hubble Director 0.50 X 0 0 0 Kevin Johnson Director 0.50 X 0 0 0 Andrea Jones Director 0.50 X 0 0 0 Bridgit Koller Director 0.50 X 0 0 0 Albert Lavezzo Director 0.50 X 0 0 0 Jim Lindley Director 0.50 X 0 0 0 Alexander Matias Director 0.50 X 0 0 0 Kristina Miller Director 0.50 X 0 0 0 Cat Moy Director 0.50 X 0 0 0 Andrew Murray Director 0.50 X 0 0 0 Derek Nelson Director 0.50 X 0 0 0 Edwin Okamura Director 0.50 X 0 0 0 Jimmy Pierson Director 0.50 X 0 0 0 Bret Prebula Director 0.50 X 0 0 0 Jennifer Sachs Director 0.50 X 0 0 0 Terry Scott Director 0.50 X 0 0 0 Gina Vasquez Director 0.50 X 0 0 0 381936 0 0 2 false true false Membership Dues 900099 581174 0 0 County of Solano - BayREN Contract 900099 405549 0 0 Revolving Loan Fund (RLF) 900099 126411 0 0 City of Fairfield - TCC Contract 900099 75000 0 0 Solano Transportation Authority Contract 900099 41725 0 0 19075 0 0 1248934 10878 0 10878 44179 29344 14835 0 14835 Newsletter Sponsorship 900099 5000 0 0 5000 Service Fee Income 900099 454 0 0 454 5454 1280101 1248934 0 31167 394024 0 0 0 450252 0 0 0 66109 0 0 0 56847 0 0 0 64005 0 0 0 2500 0 0 0 51423 0 0 0 21641 0 0 0 49364 0 0 0 10698 0 0 0 26842 0 0 0 54658 0 0 0 4082 0 0 0 4273 0 0 0 205 0 0 0 13682 0 0 0 Dues, Memberships & Subs 20997 0 0 0 Taxes & Filing Fees 137 0 0 0 1291739 0 0 0 1075702 1129024 54649 158369 182615 2104 926363 2660664 26246 11386 15736 15380 561 356 2266136 3961903 14126 199 1829128 3732673 194709 12496 2037963 3745368 X 228173 216535 228173 216535 2266136 3961903 -11638 X false true true false false true false Other This organization made NO lobbying or political Other expenditures this year. 15736 15380 356 356 Unearned Sponsorships 12100 Unearned Grants 0 CitiBusiness Credit Card 396 12496 1277655 1277655 2446 2446 1280101 1841932 557383 557383 1284549 7190 7190 1291739 Pt XI, Line 4b Cash to Accrual Revenue Adjustment of $2,446 Pt XII, Line 2d An Allowance for Bad Debt (Credit Loss) Expense was recognized at $556,298 in the audit under the Current Expected Credit Loss (CECL) model. Pt XII, Line 2d Depreciation was adjusted by $1,085 to adjust to straight line from tax basis depreciation. Pt XII, Line 4b An adjustment was made for $7,190 to Accrued Vacation of Personnel. Annual Meeting 30354 30354 4265 8755 10075 30354 30354 4265 8755 10075 23095 7259 false false false Christopher E Rico 196136 0 29305 0 0 0 19614 0 13116 0 258171 0 0 0 J Paul Harrington 143086 0 13409 0 0 0 21463 0 1854 0 179812 0 0 0 Pt VI, Line 6 There are 7 Levels of Membership: The Legacy Circle, Chairs Circle, Executive Stakeholder, Corporate Investor, Premier Investor, Investor & Non-Profit Pt VI, Line 7a Members vote via ballot Pt VI, Line 11b Board members are advised before the return is filed that it has been completed and is available for review at the organizations office or online. Board members are encouraged to ask questions, preferably in writing, which are generally answered prior to submitting the return to the IRS. Pt VI, Line 12c The Conflict of Interest Policy is provided to all Officers, Directors and Key Employees annually. The Policy is reviewed, discussed, approved, and signed by each individual. These individuals must report any conflicts in writing and are advised that any time they become involved with an actual or potential conflict of interest, they must notify the organization immediately. Pt VI, Line 15a The Executive Committee and Board Officers establish the salary of the President / CEO during the annual budget process. Pt VI, Line 15b The Executive Committee and Board Officers establish the salary of Staff Personnel during the annual budget process. Pt VI, Line 19 Documents required by law (Determination Letter, Form 1024 Application, Forms 990) are available at the office upon request by appointment during normal business hours. Pt VI, Line 2 None of the Officers or Directors have a Family Relationship. However, some of the Directors have Business Relationships. The Cities of Benicia, Dixon, Fairfield, Rio Vista, Suisun City, Vacaville, Vallejo, and Winters, along with the County of Solano, each have two Directors apiece. Kaiser Permanente also have two Directors. Solano Economic Development Corp 5050 Business Center Dr Ste 200 Fairfield CA 94534 942912759 Charitable CA 501(c)3 9 NA false false false false false false false false false false false false false false false false false false false false