NonprofitsSolano Economic Devco Corporation

Solano Economic Devco Corporation

FAIRFIELD, CA

Total revenue

$1.2M

Total expenses

$1.1M

Net assets

$228K

Grants received

$113K

5 grants

EIN

911790564

Tax year

2023

Mission

To bring greater prosperity to the people, businesses, and communities of Solano County through partnerships, projects, and programs that focus on Business Attraction, Business Retention and Expansion, and projects that serve the Public Good.

Programs

2 programs

Revolving Loan Program: In partnership with the County of Solano, utilizing American Rescue Plan (ARPA) funds, we collaborated with three local lenders, First Northern Bank, Travis Credit Union and Valley Strong Credit union to create a revolving loan fund to assist local small businesses with financial recovery from the impacts of Covid 19.

Expenses: $92K

The Solano EDC Business Retention Program is aimed at actively supporting and maintaining existing businesses within Solano County, by understanding their needs and providing resources to help them grow and thrive within the community.

Expenses: $83K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.2M
Investment income$2K
Other revenue$16K
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$888K
Fundraising
Other expenses$231K
Total expenses$1.1M
Total assets$2.3M
Net assets$228K

People

50 listed

NameRoleCompensation

Christopher E Rico

President / CEO

Board

$217K

40 hrs/wk

Kevin Miller

Chairman / Treasurer

Board

3 hrs/wk

Albert Lavezzo

Secretary

Board

1 hrs/wk

Paul Adler

Director

Board

0.5 hrs/wk

Greg Armstrong

Director

Board

0.5 hrs/wk

Dr Kellie Butler

Director

Board

0.5 hrs/wk

Nicole Byrd Braddock

Director

Board

0.5 hrs/wk

John Carli

Director

Board

0.5 hrs/wk

Kim Castaneda

Director

Board

0.5 hrs/wk

David Danzeisen

Director

Board

0.5 hrs/wk

Matthew Estipona

Director

Board

0.5 hrs/wk

Lisette Estrella-Henderson

Director

Board

0.5 hrs/wk

Theresa Fortier

Director

Board

0.5 hrs/wk

Daryl Halls

Director

Board

0.5 hrs/wk

Erin Hannigan

Director

Board

0.5 hrs/wk

Heather Henry

Director

Board

0.5 hrs/wk

Alma Hernandez

Director

Board

0.5 hrs/wk

Newman Hoffman

Director

Board

0.5 hrs/wk

Kelley Jaeger-Jackson

Director

Board

0.5 hrs/wk

Kevin Johnson

Director

Board

0.5 hrs/wk

Andrea Jones

Director

Board

0.5 hrs/wk

Bridgit Koller

Director

Board

0.5 hrs/wk

Mina Loera-Diaz

Director

Board

0.5 hrs/wk

Mitch Mashburn

Director

Board

0.5 hrs/wk

Onassis McFarlane

Director

Board

0.5 hrs/wk

Cat Moy

Director

Board

0.5 hrs/wk

Derek Nelson

Director

Board

0.5 hrs/wk

Edwin Okamura

Director

Board

0.5 hrs/wk

Jimmy Pierson

Director

Board

0.5 hrs/wk

Jon Quick

Director

Board

0.5 hrs/wk

Scott Reynolds

Director

Board

0.5 hrs/wk

Nicolas Ruhl

Director

Board

0.5 hrs/wk

James Russell-Field

Director

Board

0.5 hrs/wk

Terry Scott

Director

Board

0.5 hrs/wk

Scott Sheldon

Director

Board

0.5 hrs/wk

Jeremiah Smith

Director

Board

0.5 hrs/wk

Sanjit Sodhi

Director

Board

0.5 hrs/wk

Naytri Sramek

Director

Board

0.5 hrs/wk

Lindsey Strange

Director

Board

0.5 hrs/wk

Gina Vasquez

Director

Board

0.5 hrs/wk

Bill Biasi

Ex Officio

Board

0.5 hrs/wk

Aaron Busch

Ex Officio

Board

0.5 hrs/wk

Jeremy Craig

Ex Officio

Board

0.5 hrs/wk

Bill Emlen

Ex Officio

Board

0.5 hrs/wk

David Gassaway

Ex Officio

Board

0.5 hrs/wk

Mario Giuliani

Ex Officio

Board

0.5 hrs/wk

Jim Lindley

Ex Officio

Board

0.5 hrs/wk

Kristina Miller

Ex Officio

Board

0.5 hrs/wk

Andrew Murray

Ex Officio

Board

0.5 hrs/wk

J Paul Harrington

Vice President

Staff

$140K

40 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$25K
GENERAL SUPPORT
2024
$10K
TO ASSIST IN THE GROWTH, AND RETAINMENT OF BUSINESS AND INDUSTRY IN SOLANO COUNTY.
2023
$13K
TO ASSIST IN THE GROWTH, AND RETAINMENT OF BUSINESS AND INDUSTRY IN SOLANO COUNTY.
2022

Funded by

$113K from 2 funders · 5 grants · 2022–2024

Sutter Valley Hospitals

$90K · 3 grants · 2022–2024

Valley Strong Cu Fka

$23K · 2 grants · 2022–2023

Details

EIN911790564
Subsection06
Ruling date1998-02
Formed1997
Employees12
Volunteers49
SOLANO ECONOMIC DEVCO CORPORATION — Mission, Financials & Grants Received | Grantivo