NonprofitsBay Area Employment Development Company

Bay Area Employment Development Company

NAPA, CA

Total revenue

$4.5M

Total expenses

$4.0M

Net assets

$2.6M

Grants received

EIN

953457545

Tax year

2023

Mission

Assist growing small businesses obtain low cost optimally structured financing for fixed asset expansions which helps them retain and create jobs and assist their communities with neighborhood commercial revitalization efforts.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$4.5M
Investment income$19K
Other revenue$8K
Total revenue$4.5M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising
Other expenses$1.3M
Total expenses$4.0M
Total assets$3.7M
Net assets$2.6M

People

13 listed

NameRoleCompensation

James Baird

Director

Board

$138K

40 hrs/wk

Walter Menzel

Vice President

Board

$4K

1 hrs/wk

Torran Nixon

Director

Board

$4K

1 hrs/wk

Michael Johnson

President

Board

$4K

1 hrs/wk

Scott Hauge

Director

Board

$4K

1 hrs/wk

Bonnie Lipscomb

Treasurer

Board

$4K

1 hrs/wk

Olivia Rebanal

Director

Board

$4K

1 hrs/wk

Francine Boards

Director

Board

1 hrs/wk

Richard Grant

CEO

Staff

$396K

40 hrs/wk

Mark Schwan

Senior VP

Staff

$262K

40 hrs/wk

Kimberly Shinjo

Loan Analyst

Staff

$171K

40 hrs/wk

Susan Dunlap

Portfolio Manager

Staff

$159K

40 hrs/wk

Robert Thompson

Senior VP

Staff

$158K

40 hrs/wk

Independent contractors

Scott Rodde Inc

Legal Services

$385K

Details

EIN953457545
Subsection04
Ruling date1980-05
Formed1978
Employees17
BAY AREA EMPLOYMENT DEVELOPMENT COMPANY — Mission, Financials & Grants Received | Grantivo