Nonprofit · EIN 95-2406199
ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY
Tax-exempt · SAN DIEGO, CA 92101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,301,353 | $4,289,303 | $12,050 | $3,860,448 | $1,465,757 | $2,394,691 |
| December 31, 2023 | 990 | $3,999,265 | $3,988,637 | $10,628 | $3,922,793 | $1,540,152 | $2,382,641 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,955,090
- Program service revenue
- $1,067,937
- Investment income
- $95,947
- Net gain from sales of assets
- $2,649
- Net income from fundraising events
- $180,248
- Other revenue
- $182,379
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $779,519
- Other salaries and wages
- $1,992,583
- Salaries, compensation and benefits (total)
- $3,318,647
- Professional fundraising fees
- $0
- Accounting fees
- $29,271
- Occupancy
- $289,878
- Travel
- $126,935
- Depreciation
- $20,294
- Program services (functional)
- $3,699,810
- Management and general (functional)
- $589,493
Balance sheet and other
- Total assets, start of year
- $3,922,793
- Total assets, end of year
- $3,860,448
- Total liabilities, end of year
- $1,465,757
- Net assets, end of year
- $2,394,691
- Land, buildings and equipment
- $31,570
- Net assets without donor restrictions
- $394,691
- Net assets with donor restrictions
- $2,000,000
- Gross receipts
- $4,656,572
- Employees
- 28
- Volunteers
- 200
- Year formed
- 1965
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK CAFFERTY | PRESIDENT & CEO Trustee or director, Officer | 40 | $451,194 | $21,614 |
| LAUREE SAHBA | COO Officer | 40 | $328,325 | $18,950 |
| NIKIA CLARKE | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $240,750 | $13,907 |
| EDUARDO VELASQUEZ | SR. DIRECTOR Highest-paid employee | 40 | $150,500 | $9,030 |
| JENNIFER STORM | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $134,075 | $8,045 |
| JENNIE BROOKS | BOARD CHAIR Trustee or director, Officer | 40 | $0 | $0 |
| THOMAS SEIDLER | VICE CHAIR Trustee or director, Officer | 40 | $0 | $0 |
| LISETTE ISLAS | VICE CHAIR INCLUSION Trustee or director, Officer | 40 | $0 | $0 |
| BRUCE FOLKMANN | TREASURER Trustee or director, Officer | 40 | $0 | $0 |
| NELSON ACKERLY | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CHRIS AMBLE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| PAUL BARIBAULT | DIRECTOR Trustee or director | 0 | $0 | $0 |
| KIMBERLY BECKER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| BRYAN BENSO | DIRECTOR Trustee or director | 0 | $0 | $0 |
| TOM BETHMANN | DIRECTOR Trustee or director | 0 | $0 | $0 |
61 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT BLAIR | DIRECTOR Trustee or director | 0 | $0 |
| LINDEN BLUE | DIRECTOR Trustee or director | 0 | $0 |
| KIMBERLY BREWER | DIRECTOR Trustee or director | 0 | $0 |
| JANICE BROWN | DIRECTOR Trustee or director | 0 | $0 |
| ALISON BUDELSKY | DIRECTOR Trustee or director | 0 | $0 |
| TIAGO CARNEIRO | DIRECTOR Trustee or director | 0 | $0 |
| RHO CAULEY BRUNER | DIRECTOR Trustee or director | 0 | $0 |
| ZOE CAWLFIELD | DIRECTOR Trustee or director | 0 | $0 |
| DAVID CHERASHORE | DIRECTOR Trustee or director | 0 | $0 |
| CLIFFORD CHO | DIRECTOR Trustee or director | 0 | $0 |
| ADELA DE LA TORRE | DIRECTOR Trustee or director | 0 | $0 |
| DAN DENHAM | DIRECTOR Trustee or director | 0 | $0 |
| DENNIS DOUCETTE | DIRECTOR Trustee or director | 0 | $0 |
| MARK FIELD | DIRECTOR Trustee or director | 0 | $0 |
| JANE FINLEY | DIRECTOR Trustee or director | 0 | $0 |
| ALISON FLEURY | DIRECTOR Trustee or director | 0 | $0 |
| PATRICIO FRIAS | DIRECTOR Trustee or director | 0 | $0 |
| KERRY FULCHER | DIRECTOR Trustee or director | 0 | $0 |
| LAURA GARRETT | DIRECTOR Trustee or director | 0 | $0 |
| CARLOS GONZALEZ | DIRECTOR Trustee or director | 0 | $0 |
| STEFFI HAFEN | DIRECTOR Trustee or director | 0 | $0 |
| JAMES HARRIS | DIRECTOR Trustee or director | 0 | $0 |
| ASHLEY HAYSLIP | DIRECTOR Trustee or director | 0 | $0 |
| ERIC ICKE | DIRECTOR Trustee or director | 0 | $0 |
| JASON JAGER | DIRECTOR Trustee or director | 0 | $0 |
| KEITH B JONES | DIRECTOR Trustee or director | 0 | $0 |
| PRADEEP KHOSLA | DIRECTOR Trustee or director | 0 | $0 |
| JUNE KOMAR | DIRECTOR Trustee or director | 0 | $0 |
| JAKE LEACH | DIRECTOR Trustee or director | 0 | $0 |
| KATHRYN LEMBO | DIRECTOR Trustee or director | 0 | $0 |
| ALESSANDRA LEZAMA | DIRECTOR Trustee or director | 0 | $0 |
| JEFF LINDEMAN | DIRECTOR Trustee or director | 0 | $0 |
| MATTHEW LUXTON | DIRECTOR Trustee or director | 0 | $0 |
| SHELLEY LYFORD | DIRECTOR Trustee or director | 0 | $0 |
| LAURA MACNEEL | DIRECTOR Trustee or director | 0 | $0 |
| ARNULFO MANRIQUEZ | DIRECTOR Trustee or director | 0 | $0 |
| ANNE MARBARGER | DIRECTOR Trustee or director | 0 | $0 |
| SANDRA MCDONOUGH | DIRECTOR Trustee or director | 0 | $0 |
| MARK MILLIRON | DIRECTOR Trustee or director | 0 | $0 |
| JULI MORAN | DIRECTOR Trustee or director | 0 | $0 |
| MIKE NEAL | DIRECTOR Trustee or director | 0 | $0 |
| ELLEN NEUFELDT | DIRECTOR Trustee or director | 0 | $0 |
| CARLOS NUNEZ | DIRECTOR Trustee or director | 0 | $0 |
| GRANT OLIPHANT | DIRECTOR Trustee or director | 0 | $0 |
| TAD PARZEN | DIRECTOR Trustee or director | 0 | $0 |
| KEVIN PEGELS | DIRECTOR Trustee or director | 0 | $0 |
| TOM PENN | DIRECTOR Trustee or director | 0 | $0 |
| STEVE PONTELL | DIRECTOR Trustee or director | 0 | $0 |
| KAREN REINHARDT | DIRECTOR Trustee or director | 0 | $0 |
| MONIQUE RODRIGUEZ | DIRECTOR Trustee or director | 0 | $0 |
| MANUEL RODRIGUEZ | DIRECTOR Trustee or director | 0 | $0 |
| DANIEL RYAN | DIRECTOR Trustee or director | 0 | $0 |
| AARON RYAN | DIRECTOR Trustee or director | 0 | $0 |
| MARK STUART | DIRECTOR Trustee or director | 0 | $0 |
| COLTON SUDBERRY | DIRECTOR Trustee or director | 0 | $0 |
| PETER TOWNSHEND | DIRECTOR Trustee or director | 0 | $0 |
| RAY VARELA | DIRECTOR Trustee or director | 0 | $0 |
| SIDDHARTHA VIVEK | DIRECTOR Trustee or director | 0 | $0 |
| BARBARA WIGHT | DIRECTOR Trustee or director | 0 | $0 |
| CHRIS WILLIAMS | DIRECTOR Trustee or director | 0 | $0 |
| DERRICK YORK | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 81 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK CAFFERTY | PRESIDENT & CEO Trustee or director, Officer | 40 | $436,958 |
| LAUREE SAHBA | COO Officer | 40 | $318,800 |
| NIKIA CLARK | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $233,000 |
| HEATHER ACE | DIRECTOR Trustee or director | 0 | $0 |
| NELSON ACKERLY | DIRECTOR Trustee or director | 0 | $0 |
| CHRIS AMBLE | DIRECTOR Trustee or director | 0 | $0 |
| KIMBERLY BECKER | DIRECTOR Trustee or director | 0 | $0 |
| NEIL BENCE | DIRECTOR Trustee or director | 0 | $0 |
| ROBERT BLAIR | DIRECTOR Trustee or director | 0 | $0 |
| LINDEN BLUE | DIRECTOR Trustee or director | 0 | $0 |
| STEVE BRASS | DIRECTOR Trustee or director | 0 | $0 |
| KIMBERLY BREWER | DIRECTOR Trustee or director | 0 | $0 |
| BOB BROWER | DIRECTOR Trustee or director | 0 | $0 |
| JANICE BROWN | DIRECTOR Trustee or director | 0 | $0 |
| DEBORA BURKE | DIRECTOR Trustee or director | 0 | $0 |
| MALIN BURNHAM | DIRECTOR Trustee or director | 0 | $0 |
| TIAGO CARNEIRO | DIRECTOR Trustee or director | 0 | $0 |
| RHO CAULEY BRUNER | DIRECTOR Trustee or director | 0 | $0 |
| DAVID CHERASHORE | DIRECTOR Trustee or director | 0 | $0 |
| CLIFFORD CHO | DIRECTOR Trustee or director | 0 | $0 |
| ADELA DE LA TORRE | DIRECTOR Trustee or director | 0 | $0 |
| DAN DENHAM | DIRECTOR Trustee or director | 0 | $0 |
| DENNIS DOUCETTE | DIRECTOR Trustee or director | 0 | $0 |
| MARK FIELD | DIRECTOR Trustee or director | 0 | $0 |
| JANE FINLEY | DIRECTOR Trustee or director | 0 | $0 |
| ALISON FLEURY | DIRECTOR Trustee or director | 0 | $0 |
| BRUCE FOLKMANN | DIRECTOR Trustee or director | 0 | $0 |
| PATRICIO FRIAS | DIRECTOR Trustee or director | 0 | $0 |
| YEHUDI GAFFEN | DIRECTOR Trustee or director | 0 | $0 |
| LAURA GARRETT | DIRECTOR Trustee or director | 0 | $0 |
| CARLOS GONZALEZ | DIRECTOR Trustee or director | 0 | $0 |
| JAMES HARRIS | DIRECTOR Trustee or director | 0 | $0 |
| DANIEL HEDSTROM | DIRECTOR Trustee or director | 0 | $0 |
| INGO HENTSCHEL | DIRECTOR Trustee or director | 0 | $0 |
| ERIC ICKE | DIRECTOR Trustee or director | 0 | $0 |
| JASON JAGER | DIRECTOR Trustee or director | 0 | $0 |
| KEITH B JONES | DIRECTOR Trustee or director | 0 | $0 |
| PRADEEP KHOSLA | DIRECTOR Trustee or director | 0 | $0 |
| JUNE KOMAR | DIRECTOR Trustee or director | 0 | $0 |
| JAKE LEACH | DIRECTOR Trustee or director | 0 | $0 |
| KATHRYN LEMBO | DIRECTOR Trustee or director | 0 | $0 |
| SHELLEY LYFORD | DIRECTOR Trustee or director | 0 | $0 |
| SHELDON LYN | DIRECTOR Trustee or director | 0 | $0 |
| LAURA MACNEEL | DIRECTOR Trustee or director | 0 | $0 |
| ANNE MARBARGER | DIRECTOR Trustee or director | 0 | $0 |
| SANDRA MCDONOUGH | DIRECTOR Trustee or director | 0 | $0 |
| MARK MILLIRON | DIRECTOR Trustee or director | 0 | $0 |
| JULI MORAN | DIRECTOR Trustee or director | 0 | $0 |
| TRACY MURPHY | DIRECTOR Trustee or director | 0 | $0 |
| MIKE NEAL | DIRECTOR Trustee or director | 0 | $0 |
| ELLEN NEUFELDT | DIRECTOR Trustee or director | 0 | $0 |
| DEBORAH NGUYEN | DIRECTOR Trustee or director | 0 | $0 |
| GRANT OLIPHANT | DIRECTOR Trustee or director | 0 | $0 |
| KEVIN PEGELS | DIRECTOR Trustee or director | 0 | $0 |
| KAREN REINHARDT | DIRECTOR Trustee or director | 0 | $0 |
| MATTHEW REEL | DIRECTOR Trustee or director | 0 | $0 |
| MANUEL RODRIGUEZ | DIRECTOR Trustee or director | 0 | $0 |
| DANIEL RYAN | DIRECTOR Trustee or director | 0 | $0 |
| AARON RYAN | DIRECTOR Trustee or director | 0 | $0 |
| PUNEET SARIN | DIRECTOR Trustee or director | 0 | $0 |
| MARK STUART | DIRECTOR Trustee or director | 0 | $0 |
| STEVEN STUCKEY | DIRECTOR Trustee or director | 0 | $0 |
| COLTON SUDBERRY | DIRECTOR Trustee or director | 0 | $0 |
| PETER TOWNSHEND | DIRECTOR Trustee or director | 0 | $0 |
| THOMAS TURNER | DIRECTOR Trustee or director | 0 | $0 |
| RAY VARELA | DIRECTOR Trustee or director | 0 | $0 |
| SIDDHARTHA VIVEK | DIRECTOR Trustee or director | 0 | $0 |
| CHRIS WILLIAMS | DIRECTOR Trustee or director | 0 | $0 |
| DERRICK YORK | DIRECTOR Trustee or director | 0 | $0 |
| DAVID THOMAS JR | DIRECTOR Trustee or director | 0 | $0 |
| PETE TOWNSHEND | DIRECTOR Trustee or director | 0 | $0 |
| TOM TURNER | DIRECTOR Trustee or director | 0 | $0 |
| KAMNI VIJAY | DIRECTOR Trustee or director | 0 | $0 |
| SIDD VIVEK | DIRECTOR Trustee or director | 0 | $0 |
| BARBARA WIGHT | DIRECTOR Trustee or director | 0 | $0 |
| CHRIS WILLIAMS | DIRECTOR Trustee or director | 0 | $0 |
| JENNIE BROOKS | BOARD CHAIR Officer | 40 | $0 |
| BARBARA WIGHT | SECRETARY Officer | 40 | $0 |
| THOMAS SEIDLER | TREASURER Officer | 40 | $0 |
| ROB DOUGLAS | VICE CHAIR Officer | 40 | $0 |
| LISETTE ISLAS | VICE CHAIR, INCLUSIVE GROWTH Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 MARKET ST 438, SAN DIEGO, CA 92101-7420
- Principal officer (990 for 2024)
- MARK CAFFERTY, 1100 MARKET STREET 438, SAN DIEGO, CA 92101
- Signed the 990
- MARK CAFFERTY, PRESIDENT
- Phone
- (619) 234-8484
- Website
- WWW.SANDIEGOBUSINESS.ORG
- Return prepared by
- CONSIDINE & CONSIDINE
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2406199 or by the name ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY.
- 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 MAXIMIZE THE REGION'S ECONOMIC PROSPERITY AND GLOBAL COMPETITIVENESS.
Program accomplishments
- THE REGIONAL SBDC LEAD CENTER, BASED AT SOUTHWESTERN COLLEGE, CONTRACTS WITH EDC TO COORDINATE AND FACILITATE RECOVERY ASSISTANCE AND RESOURCES FOR SMALL BUSINESSES. IN ADDITION, SBDC CONTRACTS WITH EDC/WTC TO PROVIDE EXPORT COUNSELING AND RESOURCES TO SMALL BUSINESSES.THE CITY OF SAN DIEGO CONTRACTS WITH EDC TO PROVIDE BUSINESS RETENTION, AND EXPANSION SERVICES THROUGHOUT THE CITY. IT ALSO SUPPORTS EDC AFFLIATE WORLD TRADE CENTER SAN DIEGO'S METROCONNECT PROGRAM TO HELP SMALL BUSINESS BUILD EXPORTS, FACILITATE FOREIGN DIRECT INVESTMENT AND ORGANIZE TRADE MISSIONS.Expenses $3,699,810 · revenue $1,067,937
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-2406199
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1966
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,860,448
- Income (IRS master file)
- $4,656,572
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,301,353 | $4,289,303 | $3,860,448 | XML |
| 990 | December 2023 | $3,999,265 | $3,988,637 | $3,922,793 | XML |
| 990 | December 2022 | $3,684,416 | $3,691,585 | $2,869,414 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 95-2406199).
Questions about ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY
- What is the EIN of ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY?
- The employer identification number (EIN) of ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY is 95-2406199.
- Is ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1966.
- Are donations to ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY 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 ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY?
- The 990 for the year ended December 31, 2024 names MARK CAFFERTY.
- Who are the officers and directors of ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY?
- The 990 for the year ended December 31, 2024 lists 76 people; 5 received compensation from the organization, the highest $451,194 (MARK CAFFERTY, PRESIDENT & CEO).
- How much revenue does ECONOMIC DEVELOPMENT CORPORATION- SAN DIEGO COUNTY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,301,353, expenses of $4,289,303 and total assets of $3,860,448 at year end.
Other nonprofits in SAN DIEGO
- SCRIPPS HEALTH EIN 95-1684089 · last filed 990 for 2025
- SHARP HEALTHCARE EIN 95-6077327 · last filed 990 for 2025
- RADY CHILDRENS HOSPITAL SAN DIEGO EIN 95-1691313 · last filed 990 for 2025
- SHARP MEMORIAL HOSPITAL EIN 95-3782169 · last filed 990 for 2025
- SOUTHERN CALIFORNIA SCHOOLS VOLUNTARY EMPLOYEES BENEFITS ASSOC EIN 33-0579503 · last filed 990 for 2025
- SHARP HEALTH PLAN EIN 33-0519730 · last filed 990 for 2025
- GROSSMONT HOSPITAL CORPORATION EIN 33-0449527 · last filed 990 for 2025
- SAN DIEGO IMPERIAL COUNTIES DEVELOPMENTAL SERVICES INC EIN 95-3735517 · last filed 990 for 2025