Nonprofit · EIN 94-2674882
ARCATA ECONOMIC DEVELOPMENT CORPORATION
Also known as NORTH EDGE
Tax-exempt · EUREKA, CA 95501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $12,662,844 | $11,861,448 | $801,396 | $16,942,589 | $9,100,029 | $7,842,560 |
| June 30, 2025 | 990 | $5,665,648 | $4,934,720 | $730,928 | $19,010,277 | $11,969,113 | $7,041,164 |
| June 30, 2024 | 990 | $5,324,974 | $4,520,789 | $804,185 | $14,465,626 | $8,155,390 | $6,310,236 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $11,483,342
- of which government grants
- $11,361,633
- Program service revenue
- $1,093,007
- Investment income
- $86,495
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $9,948,407
- Compensation of officers, directors and key employees
- $138,062
- Other salaries and wages
- $563,804
- Salaries, compensation and benefits (total)
- $899,265
- Professional fundraising fees
- $0
- Occupancy
- $21,515
- Travel
- $12,252
- Depreciation
- $29,048
- Program services (functional)
- $11,754,284
- Management and general (functional)
- $107,164
Balance sheet and other
- Total assets, start of year
- $19,010,277
- Total assets, end of year
- $16,942,589
- Total liabilities, end of year
- $9,100,029
- Net assets, end of year
- $7,842,560
- Land, buildings and equipment
- $352,234
- Net assets without donor restrictions
- $6,930,837
- Net assets with donor restrictions
- $911,723
- Gross receipts
- $12,662,844
- Employees
- 10
- Volunteers
- 0
- Year formed
- 1978
- 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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROSS WELCH | EXECUTIVE DIRECTOR Officer | 40 | $125,130 | $12,932 |
| FAWN SCHEER | BOARD CHAIR Trustee or director | 1 | $0 | $0 |
| AJ GONZALES | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| MICHAEL PROULX | TREASURER Trustee or director | 1 | $0 | $0 |
| JANET DEPACE | SECRETARY Trustee or director | 1 | $0 | $0 |
| MANDY MARQUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY OETKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY SUPAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMBER WEIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WALT GEIST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NICOLE FLORA | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2025: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROSS WELCH | EXECUTIVE DIRECTOR Officer | 40 | $122,440 | $12,293 |
| WALT GEIST | PRESIDENT Trustee or director | 1 | $0 | $0 |
| LARRY OETKER | VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| MICHAEL PROULX | TREASURER Trustee or director | 1 | $0 | $0 |
| JANET DEPACE | SECRETARY Trustee or director | 1 | $0 | $0 |
| MANDY MARQUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FAWN SCHEER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY SUPAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA SUSMILICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AJ GONZALES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NICOLE FLORA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMBER WEIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROSS WELCH | EXECUTIVE DIRECTOR Officer | 40 | $122,440 | $12,004 |
| JANET DEPACE | PRESIDENT Trustee or director | 1 | $0 | $0 |
| WALT GEIST | VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| MICHAEL PROULX | TREASURER Trustee or director | 1 | $0 | $0 |
| LARRY OETKER | SECRETARY Trustee or director | 1 | $0 | $0 |
| MANDY MARQUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FAWN SCHEER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY SUPAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA SUSMILICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHY MONTAGNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NICOLE FLORA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMBER WEIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 707 K ST, EUREKA, CA 95501-1122
- Principal officer (990 for 2025)
- ROSS WELCH, 707 K STREET, EUREKA, CA 95501
- Signed the 990
- ROSS WELCH, EXECUTIVE DIRECTOR
- Phone
- (707) 798-6132
- Website
- WWW.NORTHEDGEFINANCING.ORG
- Return prepared by
- West Davis & Company LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2674882 or by the name ARCATA 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 NORTH COAST REGION OF CALIFORNIA BY PROVIDING BUSINESS LENDING AND TECHNICAL ASSISTANCE SERVICES, COMMUNITY ECONOMIC DEVELOPMENT ASSISTANCE, AND MICROLOAN BUSINESS ASSISTANCE & TRAINING.
Program accomplishments
- AEDC PROVIDES LOANS FOR SMALL BUSINESSES LOCATED THROUGHOUT NORTHERN CALIFORNIA. AEDC MADE 11 NEW LOANS DURING THE FISCAL YEAR. AT YEAR END, AEDC HAD 82 SMALL BUSINESS LOANS IN ITS PORTFOLIO. ADDITIONALLY, AEDC ADMINISTERED SMALL BUSINESS LOANS FOR LOCAL GOVERNMENTAL AGENCIES AND PROVIDED TECHNICAL ASSISTANCE AND TRAINING TO SMALL BUSINESSES THROUGHOUT NORTHERN CALIFORNIA.Expenses $971,593 · revenue $1,104,194
- AEDC MANAGES SEVERAL PROGRAMS TO PROMOTE ECONOMIC DEVELOPMENT IN NORTHERN CALIFORNIA. AEDC ORGANIZES AN ECONOMIC DEVELOPMENT SUMMIT TO SUPPORT ENTREPRENEURS AND SMALL BUSINESSES. EMERGING LEADERS ARE BROUGHT TOGETHER FOR ESTABLISHING COLLABORATIVE STRATEGIES. AEDC PROVIDES OPPORTUNITIES FOR LOCAL NATIVE TRIBES TO COLLABORATE IN APPLYING FOR GRANTS.Expenses $10,782,691 · grants $9,948,407 · revenue $75,308
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 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2674882
- 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
- 1980
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $16,942,589
- Income (IRS master file)
- $12,662,844
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $12,662,844 | $11,861,448 | $16,942,589 | XML |
| 990 | June 2025 | $5,665,648 | $4,934,720 | $19,010,277 | XML |
| 990 | June 2024 | $5,324,974 | $4,520,789 | $14,465,626 | XML |
| 990 | June 2023 | $3,441,770 | $2,201,639 | $14,152,552 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 94-2674882).
Questions about ARCATA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of ARCATA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ARCATA ECONOMIC DEVELOPMENT CORPORATION is 94-2674882.
- Is ARCATA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to ARCATA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARCATA 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 ARCATA ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARCATA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of ARCATA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2026 names ROSS WELCH.
- Who are the officers and directors of ARCATA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2026 lists 11 people; 1 received compensation from the organization, the highest $125,130 (ROSS WELCH, EXECUTIVE DIRECTOR).
- How much revenue does ARCATA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $12,662,844, expenses of $11,861,448 and total assets of $16,942,589 at year end.
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All nonprofits in EUREKA · California · Community improvement and capacity building