NonprofitsSacramento County Tobacco Securitization Corporation

Public & Societal Benefit

Sacramento County Tobacco Securitization Corporation

SACRAMENTO, CA

Total revenue

$12.8M

Total expenses

$13.0M

Net assets

$6.6M

Grants received

EIN

943375035

Tax year

2024

Mission

To purchase from the county its right to receive tobacco settlement revenues (tsrs), borrow monies necessary to pay the purchase price for such tsrs, secure such borrowings with the tsrs, receive tsrs and residual payments regarding tsrs of the county, invest monies, and incur expenses.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$12.7M
Investment income$2K
Other revenue$112K
Total revenue$12.8M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$13.0M
Total expenses$13.0M
Total assets$157.1M
Net assets$6.6M

People

8 listed

NameRoleCompensation

PAT HUME

DIRECTOR

Board

1 hrs/wk

RICH DESMOND

DIRECTOR

Board

1 hrs/wk

PATRICK KENNEDY

DIRECTOR

Board

1 hrs/wk

PHIL SERNA

CHAIR

Board

1 hrs/wk

ROSARIO RODRIGUEZ

VICE CHAIR

Board

1 hrs/wk

BETTY WILLIAMS

DIRECTOR

Board

1 hrs/wk

HANG NGUYEN

INTERIM SECRETARY

Board

1 hrs/wk

AMANDA THOMAS

CHIEF FISCAL OFFICER

Board

1 hrs/wk

Details

EIN943375035
NTEE codeW22
Subsection03
Ruling date2000-09
Formed2001
Employees0
Volunteers8
SACRAMENTO COUNTY TOBACCO SECURITIZATION CORPORATION — Mission, Financials & Grants Received | Grantivo