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Nonprofit · EIN 68-0451036

FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · FOLSOM, CA 95630

Financials

$1.3M$1.2M2022$1.2M$1.6M2023$1.3M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,270,044$1,254,557$15,487$1,191,668$232,478$959,190
June 30, 2024990$1,242,869$1,570,326-$327,457$1,184,281$240,578$943,703
June 30, 2023990$1,276,385$1,235,064$41,321$1,559,576$288,416$1,271,160
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,270,020
Investment income
$24
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,575
Accounting fees
$9,124
Depreciation
$32,289

Balance sheet and other

Total assets, start of year
$1,184,281
Total assets, end of year
$1,191,668
Total liabilities, end of year
$232,478
Net assets, end of year
$959,190
Land, buildings and equipment
$71,241
Net assets with donor restrictions
$959,190
Gross receipts
$1,270,044
Employees
0
Volunteers
0
Year formed
2000
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
JOE GAGLIARDICEO
Trustee or director, Officer
1$0$264,933
ROBERT HOLDERNESSDIRECTOR
Trustee or director
1$0$0
ENID BALDOCKSECRETARY
Trustee or director, Officer
1$0$0
HARRY E ELLIOTT IIIDIRECTOR
Trustee or director
1$0$0
JOHN MESSNERDIRECTOR
Trustee or director
1$0$0
JIM ALVESDIRECTOR
Trustee or director
1$0$0
ROB ARAGONDIRECTOR
Trustee or director
1$0$0
MARTHA LOFGRENVICE CHAIR
Trustee or director, Officer
1$0$0
MARK BAHOUTHDIRECTOR
Trustee or director
1$0$0
LISA HAUSMANNDIRECTOR
Trustee or director
1$0$0
EILEEN REYNOLDSCHAIR
Trustee or director, Officer
1$0$0
KEN GETZTREASURER
Trustee or director, Officer
1$0$0
ART PIMENTELDIRECTOR
Trustee or director
1$0$0
KELLY BRENKDIRECTOR
Trustee or director
1$0$0
SHAINA DIMARIANODIRECTOR
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
BRANDON GOODYEARDIRECTOR
Trustee or director
1$0
WILL KEMPTONDIRECTOR
Trustee or director
1$0
CARRIE LANEDIRECTOR
Trustee or director
1$0
RYAN LOOFBOURROWDIRECTOR
Trustee or director
1$0
JAMIE MCCULLOUGHDIRECTOR
Trustee or director
1$0
JON PETERSONDIRECTOR
Trustee or director
1$0
ROB ROSSDIRECTOR
Trustee or director
1$0
AARON SILVADIRECTOR
Trustee or director
1$0
ERIK SWANSONDIRECTOR
Trustee or director
1$0
GRETCHEN TOBINDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationFrom related orgs
JOE GAGLIARDICEO
Trustee or director, Officer
1$0$260,979
CANDICE HARPERCHAIR
Trustee or director, Officer
1$0$0
ROBERT HOLDERNESSVICE CHAIR
Trustee or director, Officer
1$0$0
ENID BALDOCKSECRETARY
Trustee or director, Officer
1$0$0
HARRY E ELLIOTT IIIDIRECTOR
Trustee or director
1$0$0
JOHN MESSNERDIRECTOR
Trustee or director
1$0$0
JIM ALVESDIRECTOR
Trustee or director
1$0$0
KEVIN BARRIDIRECTOR
Trustee or director
1$0$0
ROB ARAGONDIRECTOR
Trustee or director
1$0$0
SARAH KOLIGIANDIRECTOR
Trustee or director
1$0$0
MARTHA LOFGRENDIRECTOR
Trustee or director
1$0$0
MARK BAHOUTHDIRECTOR
Trustee or director
1$0$0
ANNE DESCALZODIRECTOR
Trustee or director
1$0$0
LISA HAUSMANNDIRECTOR
Trustee or director
1$0$0
JUSTIN RAITHELDIRECTOR
Trustee or director
1$0$0
EILEEN REYNOLDSDIRECTOR
Trustee or director
1$0$0
KEN GETZTREASURER
Trustee or director, Officer
1$0$0
ART PIMENTELDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgs
JOE GAGLIARDICEO
Trustee or director, Officer
1$0$216,307
CANDICE HARPERCHAIR
Trustee or director, Officer
1$0$0
ROBERT HOLDERNESSVICE CHAIR
Trustee or director, Officer
1$0$0
ENID BALDOCKSECRETARY
Trustee or director, Officer
1$0$0
HARRY E ELLIOTT IIIDIRECTOR
Trustee or director
1$0$0
JOHN MESSNERDIRECTOR
Trustee or director
1$0$0
JIM ALVESDIRECTOR
Trustee or director
1$0$0
KEVIN BARRIDIRECTOR
Trustee or director
1$0$0
ROB ARAGONDIRECTOR
Trustee or director
1$0$0
SARAH KOLIGIANDIRECTOR
Trustee or director
1$0$0
MARTHA LOFGRENDIRECTOR
Trustee or director
1$0$0
MARK BAHOUTHDIRECTOR
Trustee or director
1$0$0
ANNE DESCALZODIRECTOR
Trustee or director
1$0$0
LISA HAUSMANNDIRECTOR
Trustee or director
1$0$0
JUSTIN RAITHELDIRECTOR
Trustee or director
1$0$0
EILEEN REYNOLDSDIRECTOR
Trustee or director
1$0$0
KEN GETZTREASURER
Trustee or director, Officer
1$0$0
ART PIMENTELDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
200 WOOL ST, FOLSOM, CA 95630-2549
In care of
% JOSEPH P GAGLIARDI PRES
Principal officer (990 for 2024)
JOSEPH GAGLIARDI, 200 WOOL STREET, FOLSOM, CA 95630
Signed the 990
JOSEPH GAGLIARDI, CEO
Phone
(916) 985-2698
Return prepared by
AP GROUP INC

California records

California keeps its own records of charities and corporations. Search them by EIN 68-0451036 or by the name FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE FOLSOM TOURISM BUREAU IS DEDICATED TO THE DEVELOPMENT OF FOLSOM AS A DESTINATION FOR VISITORS. THIS INCLUDES PROMOTIONS OF THE CITIES ATTRIBUTES IN ADDITION TO CREATING AN INFRASTRUCTURE FOR PROVIDING INFORMATION, TOUR PACKAGES, EVENTS AND OTHER ASPECTS NECESSARY FOR A QUALITY VISITOR EXPERIENCE. IN ADDITION, THE BUREAUS LONG TERM GOAL IS TO ENCOURAGE THE DEVELOPMENT OF ADDITIONAL AMENITIES SUCH AS CONFERENCE AND CONVENTION SPACE, SPORTS TOURISM FACILITIES AND VISUAL AND PERFORMING ARTS FACILITIES WHICH WILL ADD TO THE COMMUNITY'S ABILITY TO ATTRACT THIS IMPORTANT ECONOMIC COMPONENT.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROMOTE FOLSOM TOURISM. THE ORGANIZATION UNDERWROTE AND SPONSORED MANY AREA EVENTS SUCH AS THE CA INTERNATIONAL MARATHON, CA GANG TASK FORCE, FOLSOM LIVE, RIVER DISTRICT SUPPORT, US ROWING AND SEVERAL OTHER EVENTS AND CONFERENCES IN THE FOLSOM AREA.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
68-0451036
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,191,668
Income (IRS master file)
$1,270,044

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,270,044$1,254,557$1,191,668IRS
990June 2024$1,242,869$1,570,326$1,184,281IRS
990June 2023$1,276,385$1,235,064$1,559,576XML
990June 2022$1,247,213$788,594$1,522,979IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 68-0451036).

Questions about FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION is 68-0451036.
Is FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2003.
Are donations to FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names JOSEPH GAGLIARDI.
Who are the officers and directors of FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 25 people; 0 received compensation from the organization.
How much revenue does FOLSOM TOURISM AND ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,270,044, expenses of $1,254,557 and total assets of $1,191,668 at year end.

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