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Nonprofit · EIN 94-2450438

KINGS COUNTY ECOMOMIC DEVELOPMENT CORP

Tax-exempt · HANFORD, CA 93230

Financials

$392K$303K2023$517K$470K2024
Revenue Expenses · by fiscal year end
Financials of KINGS COUNTY ECOMOMIC DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$516,992$469,865$47,127$7,255,755$197,633$7,058,122
June 30, 2024990$391,728$302,608$89,120$7,180,732$169,737$7,010,995
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$243,475
Membership dues
$69,000
Program service revenue
$156,359
Investment income
$79,842
Net gain from sales of assets
$79,842
Net income from fundraising events
$37,316
Other revenue
$37,316

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$308
Professional fundraising fees
$0
Legal fees
$4,000
Accounting fees
$21,945
Program services (functional)
$410,125
Management and general (functional)
$59,740

Balance sheet and other

Total assets, start of year
$7,180,732
Total assets, end of year
$7,255,755
Total liabilities, end of year
$197,633
Net assets, end of year
$7,058,122
Land, buildings and equipment
$692
Net assets without donor restrictions
$896,383
Net assets with donor restrictions
$6,161,739
Gross receipts
$542,058
Employees
1
Year formed
1977
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 / weekCompensation
David KahnChairman
Trustee or director
1$0
Dusty FerenceVice Chair
Trustee or director
1$0
James PrestonSecretary
Trustee or director
1$0
Rodney BlacoTreasurer
Trustee or director
1$0
Jeanette TackettPast Chair
Trustee or director
1$0
Michele BrockMember
Trustee or director
1$0
Joel DeLiraMember
Trustee or director
1$0
Robert FloresMember
Trustee or director
1$0
Gary GermaineMember
Trustee or director
1$0
Tim HaydockMember
Trustee or director
1$0
Bob HernyMember
Trustee or director
1$0
JT MaldonadoMember
Trustee or director
1$0
Miguel RamirezMember
Trustee or director
1$0
Mark RossMember
Trustee or director
1$0
Calvin RossiMember
Trustee or director
1$0
9 more people on this return
NameTitleHours / weekCompensation
Parveen SanduMember
Trustee or director
1$0
Jason UsherMember
Trustee or director
1$0
Kyria MartinezAppointee
Trustee or director
1$0
Mark KairisCity Council
Trustee or director
1$0
Frank GornickCity Council
Trustee or director
1$0
Doug VerboonSupervisor
Trustee or director
1$0
Cynthia Echavarria BaruchEx-Officer
Trustee or director
1$0
Julieta MartinezCEO
Officer
20$0
Cobi ReviousCFO
Officer
20$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensation
David KahnChairman
Trustee or director
1$0
Dusty FerenceVice Chair
Trustee or director
1$0
James PrestonSecretary
Trustee or director
1$0
Rodney BlacoTreasurer
Trustee or director
1$0
Jeanette TackettPast Chair
Trustee or director
1$0
Michele BrockMember
Trustee or director
1$0
Joel DeLiraMember
Trustee or director
1$0
Robert FloresMember
Trustee or director
1$0
Gary GermaineMember
Trustee or director
1$0
Tim HaydockMember
Trustee or director
1$0
Bob HernyMember
Trustee or director
1$0
JT MaldonadoMember
Trustee or director
1$0
Miguel RamirezMember
Trustee or director
1$0
Mark RossMember
Trustee or director
1$0
Calvin RossiMember
Trustee or director
1$0
Parveen SanduMember
Trustee or director
1$0
Jason UsherMember
Trustee or director
1$0
Mark KairisCity Council
Trustee or director
1$0
Frank GornickCity Council
Trustee or director
1$0
Doug VerboonSupervisor
Trustee or director
1$0
Cynthia Echavarria BaruchEx-Officer
Trustee or director
1$0
Julieta MartinezCEO
Officer
20$0
Cobi ReviousCFO
Officer
20$0

Address and contacts

Address (IRS master file)
124 N IRWIN ST, HANFORD, CA 93230-4538
Principal officer (990 for 2024)
Julieta Martinez, 124 N Irwin Street, Hanford, CA 93230
Signed the 990
Cobi Revious, CFO
Phone
(559) 585-3576
Return prepared by
Henderson CPAs

Mission

The corporation promotes economic development within kings county through participation with state and federal programs designed to finance business facilities and community development projects in rural areas.

990 for the year ended June 30, 2025

Program accomplishments

  • The corporation assists in the relocation of new businesses to the Kings County area. It also assists several businesses with expansions, creating new jobs in the area.
    Expenses $252,521
  • The Corporation works to retain regional employers, assisting with economic development and marketing for local business, saving local jobs for the local economy.
    Expenses $157,604

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
94-2450438
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1978
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,255,755
Income (IRS master file)
$542,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$368,011$266,014$7,085,343IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 KINGS COUNTY ECOMOMIC DEVELOPMENT CORP

What is the EIN of KINGS COUNTY ECOMOMIC DEVELOPMENT CORP?
The employer identification number (EIN) of KINGS COUNTY ECOMOMIC DEVELOPMENT CORP is 94-2450438.
Is KINGS COUNTY ECOMOMIC DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1978.
Are donations to KINGS COUNTY ECOMOMIC DEVELOPMENT CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KINGS COUNTY ECOMOMIC DEVELOPMENT CORP 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 KINGS COUNTY ECOMOMIC DEVELOPMENT CORP 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 KINGS COUNTY ECOMOMIC DEVELOPMENT CORP 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 KINGS COUNTY ECOMOMIC DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 names Julieta Martinez.
Who are the officers and directors of KINGS COUNTY ECOMOMIC DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 lists 24 people; 0 received compensation from the organization.
How much revenue does KINGS COUNTY ECOMOMIC DEVELOPMENT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $516,992, expenses of $469,865 and total assets of $7,255,755 at year end.

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