Nonprofit · EIN 77-0429693
GILROY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · GILROY, CA 95020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $0 | $24,164 | -$24,164 | $6,129 | – | $6,129 |
| June 30, 2024 | 990-EZ | $715 | $90,385 | -$89,670 | $30,293 | – | $30,293 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $15,000
- Professional fees and payments to contractors
- $5,030
- Other expenses
- $4,134
- Program services (functional)
- $19,331
Balance sheet and other
- Total assets, start of year
- $30,293
- Total assets, end of year
- $6,129
- Total liabilities, end of year
- –
- Net assets, end of year
- $6,129
- Cash, savings and investments
- $5,904
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KURT MICHIELSSEN | BOARD CHAIR | 2 | $0 |
| CHRIS VANNI | Secretary | 2 | $0 |
| TOM CLINE | BOARD MEMBER | 1 | $0 |
| MANNY BHANDAL | BOARD MEMBER | 1 | $0 |
| PETER KATAVICH | BOARD MEMBER | 1 | $0 |
| FRANK JOHNSON | ADVISOR | 1 | $0 |
990-EZ for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KURT MICHIELSSEN | BOARD CHAIR | 2 | $0 |
| SCOTT WINANT | VICE CHAIR | 2 | $0 |
| CHRIS VANNI | Secretary | 2 | $0 |
| TOM CLINE | BOARD MEMBER | 1 | $0 |
| MANNY BHANDAL | BOARD MEMBER | 1 | $0 |
| PETER KATAVICH | BOARD MEMBER | 1 | $0 |
| GINA LOPEZ | BOARD MEMBER | 1 | $0 |
| VICTORIA VALENCIA | ADVISOR | 1 | $0 |
| JANE HOWARD | ADVISOR | 1 | $0 |
| FRANK JOHNSON | ADVISOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7471 MONTEREY ROAD, GILROY, CA 95020-5888
- In care of
- % WILLIAM E LINDSTEADT
- Signed the 990-EZ
- KURT MICHIELSSEN, BOARD CHAIR
- Phone
- (408) 847-7611
- Website
- GILROYEDC.COM
- Return prepared by
- Blaettler Accountancy
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0429693 or by the name GILROY 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
TO PROMOTE ECONOMIC DEVELOPMENT IN THE CITY OF GILROY, AND ASSIST LOCAL BUSINESSES AND GOVERNMENT AGENCIES IN THE AREA OF ECONOMIC DEVELOPMENT.
Program accomplishments
- MARKETING AND RECRUITMENT EFFORTS FOCUSED ON ATTRACTING BUSINESS THAT WOULD INCREASE SALES AND PROPERTY TAX REVENUES TO OFFSET THE LOSS OF FEDERAL AND STATE REVENUES.Expenses $19,331
- WORKING CLOSELY WITH LOCAL PARTNERSHIP ORGANIZATIONS, THE GILROY CHAMBER OF COMMERCE, THE GILROY DOWNTOWN BUSINESS ASSOCIATION AND THE GILROY VISITORS BUREAU TO INCREASE JOB AND INVESTMENT OPPORTUNITIES IN THE CITY OF GILROY.
- CONDUCTING LOCAL BUSINESS RETENTION INTERVIEWS TO DETERMINE WHAT SERVICES OR RESOURCES ARE NEEDED BY OUR EXISTING BUSINESSES TO IMPROVE THEIR PROFITABILITY AND HELP EXPAND THEIR BUSINESS AND CREATE NEW JOBS.
- FOCUS ON RECRUITING AND RETENTION OF BUSINESSES IN THE DOWNTOWN AREA OF GILROY.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 77-0429693
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $6,129
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $0 | $24,164 | $6,129 | XML |
| 990-EZ | June 2024 | $715 | $90,385 | $30,293 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | 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 77-0429693).
Questions about GILROY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of GILROY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GILROY ECONOMIC DEVELOPMENT CORPORATION is 77-0429693.
- Is GILROY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to GILROY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GILROY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GILROY 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 GILROY 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 GILROY ECONOMIC DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does GILROY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $0, expenses of $24,164 and total assets of $6,129 at year end.
Other nonprofits in GILROY
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- PAPA INTERNATIONAL INC EIN 33-1131612 · last filed 990-N for 2025
- CHRISTOPHER RANCH FOUNDATION EIN 83-2788440 · last filed 990-PF for 2025
- GILROY DRUG ABUSE PREVENTION COUNCIL EIN 77-0243482 · last filed 990-EZ for 2025
- TOVARFAMILY6 CORPORATION EIN 33-1299877 · last filed 990-N for 2025
- YACANEX COMMUNITY EIN 84-4636390 · last filed 990-N for 2025
- INDEPENDENT ORDER OF ODD FELLOWS EIN 95-3906173 · last filed 990-N for 2024
All nonprofits in GILROY · California · Community improvement and capacity building