Nonprofit · EIN 77-0151886
KERN ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · BAKERSFIELD, CA 93302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $928,640 | $1,092,793 | -$164,153 | $1,000,789 | $400,994 | $599,795 |
| June 30, 2024 | 990 | $908,458 | $995,738 | -$87,280 | $1,059,918 | $322,503 | $737,415 |
| June 30, 2023 | 990 | $930,261 | $856,536 | $73,725 | $1,140,986 | $333,621 | $807,365 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $247,028
- of which government grants
- $13,500
- Program service revenue
- $629,683
- Investment income
- $972
- Net income from fundraising events
- -$20,346
- Other revenue
- $50,957
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $195,000
- Other salaries and wages
- $527,687
- Salaries, compensation and benefits (total)
- $777,319
- Professional fundraising fees
- $0
- Legal fees
- $32,321
- Accounting fees
- $22,025
- Travel
- $1,102
- Depreciation
- $2,522
Balance sheet and other
- Total assets, start of year
- $1,059,918
- Total assets, end of year
- $1,000,789
- Total liabilities, end of year
- $400,994
- Net assets, end of year
- $599,795
- Land, buildings and equipment
- $14,425
- Net assets without donor restrictions
- $599,795
- Gross receipts
- $1,205,772
- Employees
- 7
- Volunteers
- 0
- Year formed
- 1986
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD CHAPMAN | PRESIDENT Officer | 40 | $195,000 |
| MELINDA BROWN | DIRECTOR Highest-paid employee | 1 | $130,000 |
| ALYSSA ARMESTO | DIRECTOR Trustee or director | 1 | $0 |
| JIMMY BALENTINE | DIRECTOR Trustee or director | 1 | $0 |
| ROB DUCHOW | DIRECTOR Trustee or director | 1 | $0 |
| BILL FARRIS | DIRECTOR Trustee or director | 1 | $0 |
| TIM CURLEY | DIRECTOR Trustee or director | 1 | $0 |
| SAUL AYON | DIRECTOR Trustee or director | 1 | $0 |
| ROMAN CYRUS | DIRECTOR Trustee or director | 1 | $0 |
| JONATHAN BAUTISTA | DIRECTOR Trustee or director | 1 | $0 |
| RICK KREISER | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE KRESS | DIRECTOR Trustee or director | 1 | $0 |
| JOSH BRYANT | DIRECTOR Trustee or director | 1 | $0 |
| SHERI HORN-BUNK | DIRECTOR Trustee or director | 1 | $0 |
| JEFF JONES | DIRECTOR Trustee or director | 1 | $0 |
34 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAYBELLE LIQUIGAN | DIRECTOR Trustee or director | 1 | $0 |
| TIM SULLIVAN | DIRECTOR Trustee or director | 1 | $0 |
| SUZANNE NOBLE | VICE CHAIR Trustee or director | 1 | $0 |
| MARY BETH GARRISON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN GUINN | DIRECTOR Trustee or director | 1 | $0 |
| JASON WELLS | DIRECTOR Trustee or director | 1 | $0 |
| BECKIE DILTZ | TREASURER Trustee or director | 1 | $0 |
| KEN KELLER | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN LOPEZ | DIRECTOR Trustee or director | 1 | $0 |
| TOM SABA | DIRECTOR Trustee or director | 1 | $0 |
| AYTOM SALOMON | DIRECTOR Trustee or director | 1 | $0 |
| DR VERNON HARPER JR | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA SCRIVNER | EX-OFFICIO, KEDF Trustee or director | 1 | $0 |
| GREG GARRETT | DIRECTOR Trustee or director | 1 | $0 |
| LARRY KOMAN | DIRECTOR Trustee or director | 1 | $0 |
| MIA CIFUENTES | DIRECTOR Trustee or director | 1 | $0 |
| VALENTIN MEDINA | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT THAYER | DIRECTOR Trustee or director | 1 | $0 |
| CAL ROSSI | DIRECTOR Trustee or director | 1 | $0 |
| DARIN BLUNT | DIRECTOR Trustee or director | 1 | $0 |
| KYLE SANDERS | DIRECTOR Trustee or director | 1 | $0 |
| MARQUETTE HAWKINS | DIRECTOR Trustee or director | 1 | $0 |
| PHILLIP PETERS | DIRECTOR Trustee or director | 1 | $0 |
| NICK AMBROSINI | DIRECTOR Trustee or director | 1 | $0 |
| ALEX DOMINGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| DR JOHN MENDIBURU | DIRECTOR Trustee or director | 1 | $0 |
| DR JERRY FLIGER | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON EVANS | DIRECTOR Trustee or director | 1 | $0 |
| GILBERT ALVARADO | DIRECTOR Trustee or director | 1 | $0 |
| DANA BRENNAN | IMMEDIATE PAST CHAIR Officer | 1 | $0 |
| JOE ASHLEY | DIRECTOR Officer | 1 | $0 |
| DAVID COUCH | SUPERVISOR Officer | 1 | $0 |
| ANDY STANLEY | CHAIR Officer | 1 | $0 |
| DENISE NEWTON | SECRETARY Officer | 1 | $0 |
990 for the year ended June 30, 2024: 45 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD CHAPMAN | PRESIDENT Officer | 40 | $177,965 |
| ALYSSA ARMESTO | DIRECTOR Trustee or director | 1 | $0 |
| JIMMY BALENTINE | DIRECTOR Trustee or director | 1 | $0 |
| ROB DUCHOW | DIRECTOR Trustee or director | 1 | $0 |
| BILL FARRIS | DIRECTOR Trustee or director | 1 | $0 |
| DAREN ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| TIM CURLEY | DIRECTOR Trustee or director | 1 | $0 |
| SAUL AYON | DIRECTOR Trustee or director | 1 | $0 |
| ROMAN CYRUS | DIRECTOR Trustee or director | 1 | $0 |
| JONATHAN BAUTISTA | DIRECTOR Trustee or director | 1 | $0 |
| RICK KREISER | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE KRESS | DIRECTOR Trustee or director | 1 | $0 |
| JOSH BRYANT | DIRECTOR Trustee or director | 1 | $0 |
| JOE HAY | DIRECTOR Trustee or director | 1 | $0 |
| ALEXANDRO GARCIA | DIRECTOR Trustee or director | 1 | $0 |
| SHERI HORN-BUNK | DIRECTOR Trustee or director | 1 | $0 |
| JOE HUGHES | DIRECTOR Trustee or director | 1 | $0 |
| JEFF JONES | DIRECTOR Trustee or director | 1 | $0 |
| MAYBELLE LIQUIGAN | DIRECTOR Trustee or director | 1 | $0 |
| CATHY PROUT | DIRECTOR Trustee or director | 1 | $0 |
| DEREK SPRAGUE | DIRECTOR Trustee or director | 1 | $0 |
| TIM SULLIVAN | DIRECTOR Trustee or director | 1 | $0 |
| NICK AMBROSINI | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT THAYER | DIRECTOR Trustee or director | 1 | $0 |
| SUZANNE NOBLE | DIRECTOR Trustee or director | 1 | $0 |
| MARY BETH GARRISON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN GUINN | DIRECTOR Trustee or director | 1 | $0 |
| JASON WELLS | DIRECTOR Trustee or director | 1 | $0 |
| BECKIE DILTZ | TREASURER Trustee or director | 1 | $0 |
| KEN KELLER | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN LOPEZ | DIRECTOR Trustee or director | 1 | $0 |
| TOM SABA | DIRECTOR Trustee or director | 1 | $0 |
| AYTOM SALOMON | DIRECTOR Trustee or director | 1 | $0 |
| BRUCE FREEMAN | DIRECTOR Trustee or director | 1 | $0 |
| DR JOHN MENDIBURU | DIRECTOR Trustee or director | 1 | $0 |
| DR VERNON HARPER JR | DIRECTOR Trustee or director | 1 | $0 |
| JIM DAMIAN | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA SCRIVNER | EX-OFFICIO, KEDF Trustee or director | 1 | $0 |
| LASHELLE COOPER | DIRECTOR Trustee or director | 1 | $0 |
| DANA BRENNAN | CHAIR Officer | 1 | $0 |
| JOE ASHLEY | DIRECTOR Officer | 1 | $0 |
| DAVID COUCH | SUPERVISOR Officer | 1 | $0 |
| ANDY STANLEY | VICE CHAIR Officer | 1 | $0 |
| DENISE NEWTON | SECRETARY Officer | 1 | $0 |
| ZACK SCRIVNER | SUPERVISOR Officer | 1 | $0 |
990 for the year ended June 30, 2023: 50 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD CHAPMAN | PRESIDENT Officer | 40 | $177,965 |
| ALYSSA ARMESTO | DIRECTOR Trustee or director | 1 | $0 |
| JIMMY BALENTINE | DIRECTOR Trustee or director | 1 | $0 |
| ROB DUCHOW | DIRECTOR Trustee or director | 1 | $0 |
| BILL FARRIS | DIRECTOR Trustee or director | 1 | $0 |
| TED CORDOVA | DIRECTOR Trustee or director | 1 | $0 |
| DAREN ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| DAVID HOWLETT | DIRECTOR Trustee or director | 1 | $0 |
| TIM CURLEY | DIRECTOR Trustee or director | 1 | $0 |
| SAUL AYON | DIRECTOR Trustee or director | 1 | $0 |
| ROMAN CYRUS | DIRECTOR Trustee or director | 1 | $0 |
| JONATHAN BAUTISTA | DIRECTOR Trustee or director | 1 | $0 |
| RICK KREISER | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE KRESS | DIRECTOR Trustee or director | 1 | $0 |
| JOSH BRYANT | DIRECTOR Trustee or director | 1 | $0 |
| JOE HAY | DIRECTOR Trustee or director | 1 | $0 |
| ALEXANDRO GARCIA | DIRECTOR Trustee or director | 1 | $0 |
| MIKE MOORE | DIRECTOR Trustee or director | 1 | $0 |
| SHERI HORN-BUNK | DIRECTOR Trustee or director | 1 | $0 |
| JOE HUGHES | DIRECTOR Trustee or director | 1 | $0 |
| JEFF JONES | DIRECTOR Trustee or director | 1 | $0 |
| MAYBELLE LIQUIGAN | DIRECTOR Trustee or director | 1 | $0 |
| MARK NOVAK | DIRECTOR Trustee or director | 1 | $0 |
| JASON MARSHALL | DIRECTOR Trustee or director | 1 | $0 |
| CATHY PROUT | DIRECTOR Trustee or director | 1 | $0 |
| DEREK SPRAGUE | DIRECTOR Trustee or director | 1 | $0 |
| TIM SULLIVAN | DIRECTOR Trustee or director | 1 | $0 |
| NICK AMBROSINI | DIRECTOR Trustee or director | 1 | $0 |
| KAREN MACEDONIO | DIRECTOR Trustee or director | 1 | $0 |
| CHEVELLE KRINITT | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT THAYER | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN WIGGINS | DIRECTOR Trustee or director | 1 | $0 |
| SUZANNE NOBLE | DIRECTOR Trustee or director | 1 | $0 |
| MARY BETH GARRISON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN GUINN | DIRECTOR Trustee or director | 1 | $0 |
| JASON WELLS | DIRECTOR Trustee or director | 1 | $0 |
| BECKIE DILTZ | DIRECTOR Trustee or director | 1 | $0 |
| KEN KELLER | DIRECTOR Trustee or director | 1 | $0 |
| JEY LACEY | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN LOPEZ | DIRECTOR Trustee or director | 1 | $0 |
| TOM SABA | DIRECTOR Trustee or director | 1 | $0 |
| ANDRAE GONZALES | DIRECTOR Trustee or director | 1 | $0 |
| MARY BARLOW | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA SCRIVNER | CHAIR KERN ECONOMIC DEV FNDTN Trustee or director | 1 | $0 |
| DANA BRENNAN | CHAIR Officer | 1 | $0 |
| JOE ASHLEY | IMMEDIATE PAST CHAIR Officer | 1 | $0 |
| DAVID COUCH | SUPERVISOR Officer | 1 | $0 |
| ANDY STANLEY | TREASURER Officer | 1 | $0 |
| DENISE NEWTON | SECRETARY Officer | 1 | $0 |
| ZACK SCRIVNER | SUPERVISOR Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1033, BAKERSFIELD, CA 93302-1033
- Principal officer (990 for 2024)
- RICHARD CHAPMAN, PO BOX 1033, BAKERSFIELD, CA 93302
- Signed the 990
- RICHARD CHAPMAN, PRESIDENT/CEO
- Phone
- (661) 862-5150
- Website
- WWW.KERNEDC.COM
- Return prepared by
- BARBICH HOOPER KING DILL HOFFMAN
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0151886 or by the name KERN ECONOMIC DEVELOPMENT CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
ATTRACTING NEW BUSINESS & INDUSTRY TO ALL CITIES & COMMUNITIES IN KERN COUNTY. RETAIN EXISTING INDUSTRY & COMPILE DATA TO ATTRACT NEW INDUSTRY.
Program accomplishments
- THE KERN ECONOMIC DEVELOPMENT CORPORATION PROVIDES FREE AND CONFIDENTIAL SERVICE TO FIRMS THAT ARE EXPANDING OR SEARCHING FOR A NEW BUSINESS LOCATION.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0151886
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,000,789
- Income (IRS master file)
- $1,205,772
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $928,640 | $1,092,793 | $1,000,789 | IRS |
| 990 | June 2024 | $908,458 | $995,738 | $1,059,918 | IRS |
| 990 | June 2023 | $930,261 | $856,536 | $1,140,986 | IRS |
| 990 | June 2022 | $971,949 | $792,500 | $1,184,437 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 77-0151886).
Questions about KERN ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of KERN ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of KERN ECONOMIC DEVELOPMENT CORPORATION is 77-0151886.
- Is KERN ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to KERN ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KERN 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 KERN 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 KERN 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 KERN ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names RICHARD CHAPMAN.
- Who are the officers and directors of KERN ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 49 people; 2 received compensation from the organization, the highest $195,000 (RICHARD CHAPMAN, PRESIDENT).
- How much revenue does KERN ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $928,640, expenses of $1,092,793 and total assets of $1,000,789 at year end.
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