ECONOMIC DEVELOPMENT COLLABORATIVE VENTURA COUNTY

As filed

Subsection

03

NTEE code

S31

Classification

1000

Street

4001 MISSION OAKS BLVD STE A # 1

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• The Economic Development Collaborative-Ventura County (EDC-VC) is a public/privatepartnership that provides businesses with professional consulting, training and lending services to help business thrive and add jobs. For 2024:"Continuing to serve as fiscal agent and co-convener of Uplift Central Coast. Shaping an equitable recovery from COVID-19, this partnership draws us into dialogue with all manner of stakeholders across the Central Coast. That dialogue provides guidance to our current distribution of $9 million in state "Catalyst" grants to promote an equitable regional economic recovery. "Our Ventura County Digital Upskilling Training Program continues on two main fronts: a partnership with the Ventura County Adult Schools Consortium, for computer basics training, and a "Get Your Small Business Online" curriculum for entrepreneurs and small business owners, in collaboration with Women's Economic Ventures. This Digital Upskilling initiative is a pilot project with online replication toolkits available to other workforce and economic development training organizations."Our collaboration and participation in FATHOMWERX continues, in partnership with commands at Navy Base Ventura County, the Port of Hueneme and MatterLabs, serving as a public/private laboratory, community , and resource for technological innovation, striving to fuse small and non-traditional companies, academic institutions and other Department of Defense stakeholders together to work on the most challenging problems in miliary, port and maritime domains."Continuing partnership in support of Early Child Education, promoting a broad and stable early care ecosystem, including technical assistance and lending contributing to vibrant and competitive home-based and child care center businesses, and, especially, the highest quality care for children and support networks for working parents. Key initiatives and partnerships include the Isabella project-involving a broad coalition of partners committed to a pilot project to make highest-quality early childhood education available to 100% of 0- to 5-year-olds in the community of Santa Paula-and `the "Shared Services Alliance," a partnership with First 5 Ventura County, the County Office of Education and Child Development Resources of Ventura County."Serving as fiscal agent and managing partner of the Broadband Consortium of the Pacific Coast, in partnership with the Ventura Council of Governments developed the Ventura County Regional Broadband Initiative and Last Mile Connections Framework and continue to partner with the County of Santa Barbara for its regional plan implementation. "Finally, we continue our collaboration with the California Governor's Office of Business and Economic Development (GO-Biz):oThe GO-Biz Office of the Small Business Advocate designated EDC as an Accelerate CA: Inclusive Innovation Hub providing $1 million over four years to support technology-based firms and expanding opportunities for women and minority-owned businesses.oEDC was awarded some $900,000 to augment our federal U.S. Small Business Administration funding, helping to assure we maintain our high level of services as we recover from the pandemic.oOur lending programs and borrowers benefitted from nearly $3 million in loan guarantees from the GO-Biz Infrastructure and Economic Development Bank.oIn our role as the Ventura County Film Commission, we serve as an extension of the California Film Commission, also an office within GO-Biz.

  Expenses $8,117,761

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $8,553,742

  Expenses

  $8,375,903

  Contributions

  $5,148,945

  Grants paid

  $0

• 2023

  Revenue

  $7,690,202

  Expenses

  $7,460,862

  Contributions

  $3,495,554

  Grants paid

  $0

• 2022

  Revenue

  $3,851,536

  Expenses

  $3,999,745

  Contributions

  $1,284,002

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $3,790,106

  Expenses

  $3,700,849

  Assets (EOY)

  $6,956,185

• 2020 · 990

  Revenue

  $3,301,035

  Expenses

  $3,208,876

  Assets (EOY)

  $6,862,371

• 2019 · 990

  Revenue

  $2,319,665

  Expenses

  $2,413,885

  Assets (EOY)

  $6,001,778

• 2018 · 990

  Revenue

  $1,811,413

  Expenses

  $1,768,106

  Assets (EOY)

  $5,928,028

• 2017 · 990

  Revenue

  $1,698,614

  Expenses

  $1,746,288

  Assets (EOY)

  $5,256,238

• 2016 · 990

  Revenue

  $1,568,430

  Expenses

  $1,641,285

  Assets (EOY)

  $5,138,241

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• VENTURA COUNTY COMMUNITY FOUNDATION

  $250,000

  2022 · TO SUPPORT THE VENTURA COUNTY HQECE INITIATIVE ISABELLA PROJECT TO SUPPORT EDC/EARLY CHILDHOOD EDUCATION TASKFORCE PROJECT FOCUSING ON EARLY CHILDHOOD EDUCATION PROVIDERS IN SANTA PAULA, AND TO PROVIDE SPONSORSHIP FOR EDC 26TH ANNUAL MEETING

• CALIFORNIA EMERGING TECHNOLOGY FUND

  $30,000

  2024 · to support programs that increase broadband awareness and adoption

• CALIFORNIA EMERGING TECHNOLOGY FUND

  $25,000

  2023 · To support programs that increase broadband awareness and adoption

• KAISER FOUNDATION HEALTH PLAN INC

  $6,750

  2022 · Economic Development organization investment

Other IRS files