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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 77-0422186

VISALIA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · VISALIA, CA 93279

Financials

$141K$112K2024
Revenue Expenses · by fiscal year end
Financials of VISALIA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$140,546$111,743$28,803$226,992$0$226,992
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$93,921
Membership dues
$41,000
Investment income
$5,625

Expenses

Grants and similar amounts paid
$4,607
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$90,667
Printing, publications and postage
$2,087
Other expenses
$14,382
Program services (functional)
$104,416

Balance sheet and other

Total assets, start of year
$198,189
Total assets, end of year
$226,992
Total liabilities, end of year
$0
Net assets, end of year
$226,992
Cash, savings and investments
$226,992
Gross receipts
$140,546

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
STAN CANBYDIRECTOR1$0
RICK FEDERDIRECTOR1$0
MATT GRAHAMDIRECTOR1$0
CARRIE GROOVERDIRECTOR1$0
STACY HEATONDIRECTOR1$0
JEY LACEYDIRECTOR1$0
KEVIN MCKUSKERDIRECTOR1$0
MIGUEL MORADIRECTOR1$0
SHERRI PENADIRECTOR1$0
BRIAN POOCHIGIANDIRECTOR1$0
DAVID SERPADIRECTOR1$0
JUDY SILICATODIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 2722, VISALIA, CA 93279-2722
In care of
% LINDA TOLBERT
Signed the 990-EZ
BRUCE NICOTERO, EXECUTIVE DIRECTOR
Phone
(559) 901-4207
Return prepared by
VOLLMER DANIEL GAEBE & GROVELLP CPA'S

Mission

THE VISALIA ECONOMIC DEVELOPMENT CORPORATION SEEKS TO FOSTER ECONOMIC DEVELOPMENT AND GROWTH IN THE CITY OF VISALIA, CALIFORNIA.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • RESEARCH AND IMPLEMENT MARKETING OPPORTUNITIES, INCLUDING MAINTAINING OUR WEBSITE, NEWS RELEASES AND MEDIA RELATIONS, PAID ADVERTISING WHEN APPROPRIATE, AND MEETING WITH PROSPECTIVE EMPLOYERS AND SITE CONSULTANTS.
    Expenses $49,905
  • COORDINATION OF MONTHLY ASSOCIATION MEETINGS, INCLUDING SCHEDULING OF SPECIAL PRESENTATIONS, MONTHLY NEWSLETTERS, MEMBER RECRUITMENT, AND ORGANIZATIONAL MANAGEMENT.
    Expenses $19,962
  • MEETINGS WITH EXISTING EMPLOYERS TO INVITE DISCUSSION ABOUT BUSINESS IN VISALIA, CA.
    Expenses $14,971
  • COORDINATION OF MONTHLY FORUMS FOR INDUSTRIAL PARK BUSINESS.
    Expenses $14,971
  • SPONSORSHIP OF LOCAL BUSINESS LEAGUES AND COMMUNITY COLLEGES.
    Expenses $4,607

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-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

File the 2025 990-EZ for VISALIA ECONOMIC DEVELOPMENT CORPORATION

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
77-0422186
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$226,992
Income (IRS master file)
$140,546

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025–––IRS
990-EZJune 2024$127,572$123,994$198,189IRS
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––IRS
990-EZJune 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about VISALIA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of VISALIA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of VISALIA ECONOMIC DEVELOPMENT CORPORATION is 77-0422186.
Is VISALIA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to VISALIA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VISALIA 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 VISALIA 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 VISALIA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of VISALIA ECONOMIC DEVELOPMENT CORPORATION?
The 990-EZ for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does VISALIA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $140,546, expenses of $111,743 and total assets of $226,992 at year end.

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