2022-11-14T14:19:47-08:00 2022-06-30 811741762 Hudson Henderson & Company Inc 7473 N Ingram Suite 102 Fresno CA 93711 990 2021-07-01 942816185 The Economic Development Corporation Serving Fresno County ECON 5594762500 1060 Fulton Street 4th Floor Fresno CA 93721 Lee Ann Eager President & CEO 2022-11-14 true Lee Ann Eager 999009999 Brian Henderson P01814976 5594127576 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z 1060 Fulton Street 4th Floor Fresno CA 93721 2987261 false X www.fresnoedc.com X 1981 CA To promote and maintain a strong business climate throughout the city and to foster a healthy and sustainable economy for the benefit of the entire community. 34 34 25 0 2339000 2773650 0 2325 -5267 13914 36962 2355239 2805345 0 0 1360137 1386055 0 0 968271 1217359 2328408 2603414 26831 201931 1900359 1897304 832329 627343 1068030 1269961 To promote and maintain a strong business climate throughout the city and to foster a healthy and sustainable economy for the benefit of the entire community. false false 2318018 2979378 The corporation assists in the relocation of new businesses to the Fresno County area, resulting in numerous new jobs and an investment of millions. It also assists several businesses with expansions, creating new jobs in the area. In addition, the corporation works to retain regional employers, saving local jobs for the local economy. 2318018 false false false true false false false false false true false false false true true true false false false false false false false true false false false false true false false false false false false false false false false false false false false true 8 0 false 25 true false false false false false false false false X 34 34 false false false false false false false true true false false false false false false true false false CA X X Paul Thorn 5594762500 1060 Fulton Street 4th Floor Fresno CA 93721 Lee Ann Eager President & CEO 40.00 0.00 X 233375 0 18982 Ed Dunkel Past Chair 2.00 0.00 X 0 0 0 Nicholas Audino Chairman 10.00 0.00 X 0 0 0 Richard Caglia At-Large Direct 2.00 0.00 X 0 0 0 Paul Nerland Disignated Dire 2.00 0.00 X 0 0 0 Al Solis Secretary 2.00 0.00 X 0 0 0 Georgeanne White Designated Dire 2.00 0.00 X 0 0 0 Andrew Haussler Vice Chairman 2.00 0.00 X 0 0 0 John Brelsford At-Large Direct 2.00 0.00 X 0 0 0 Bobby Fena Director 2.00 0.00 X 0 0 0 Frank Hambalek Treasurer 2.00 0.00 X 0 0 0 Tom Zimmerman Director 1.00 0.00 X 0 0 0 Raj Beasla At-Large Direct 2.00 0.00 X 0 0 0 Robert Amaro Director 2.00 0.00 X 0 0 0 Ross Parnagian Director 1.00 0.00 X 0 0 0 Christopher A Brown Director 2.00 0.00 X 0 0 0 Scott Miller Director 1.00 0.00 X 0 0 0 Alyssa Armesto Director 1.00 0.00 X 0 0 0 Mike Karbassi Director 2.00 0.00 X 0 0 0 Derek Hayashi Director 1.00 0.00 X 0 0 0 Wade Nogy Director 2.00 0.00 X 0 0 0 Steve Brandau Director 2.00 0.00 X 0 0 0 Debbie Hunsaker Director 1.00 0.00 X 0 0 0 Ken Ramos Director 2.00 0.00 X 0 0 0 Kurt Madden Director 1.00 0.00 X 0 0 0 Chuck Riojas Director 1.00 0.00 X 0 0 0 Ram Nunna Director 1.00 0.00 X 0 0 0 Emilia Reyes Director 1.00 0.00 X 0 0 0 Josh Sherfield Director 1.00 0.00 X 0 0 0 Tyrone Roderick Williams Director 1.00 0.00 X 0 0 0 Peter Sanchez Director 1.00 0.00 X 0 0 0 Susan Ryan At-Large Direct 1.00 0.00 X 0 0 0 John Jansons Director 1.00 0.00 X 0 0 0 Katie Zenovich Director 1.00 0.00 X 0 0 0 Nicole Zieba Director 1.00 0.00 X 0 0 0 Adam Goldfarb Director 1.00 0.00 X 0 0 0 Carole Goldsmith Director 1.00 0.00 X 0 0 0 233375 18982 1 false true false Civic Center Square 906 N St 200 Fresno CA 93721 Rent 114459 1 280000 209830 2283820 2773650 0 2616 2616 0 0 0 7883 -7883 -7883 -7883 210995 174033 36962 0 0 0 2805345 -7883 2616 0 0 0 0 252357 229645 22712 0 856655 779556 77099 0 32043 29177 2866 245000 222932 22068 0 0 16501 16501 0 0 0 0 38097 38097 12077 12077 0 0 127403 115937 11466 15814 15814 0 24152 7820 16332 8250 8250 0 5831 5831 13159 13159 Contract Labor/Outside Service 789472 789472 Dues and Subscriptions 69697 69697 Other Expenses 20838 20838 Telephone 18818 18818 57250 19871 37379 2603414 2318018 285396 0 1301867 1411196 0 531078 427698 3680 496 0 0 0 0 44746 14932 415563 380081 18988 35482 0 0 0 0 7500 1900359 1897304 222015 207577 161501 185016 150000 150000 298813 84750 832329 627343 X 1068030 1269961 1068030 1269961 1900359 1897304 201931 X false true X true false false true true false 241560 217551 24009 174003 162530 11473 35482 Accrued Interest 8250 Accrued Payroll & Related Expenses 76500 84750 X 2979378 174033 174033 2805345 2805345 2777447 174033 174033 2603414 2603414 Part X : FIN48 Footnote The Organization is exempt from federal income taxes under Section 501(c)(6) of the Internal Revenue Code and applicable state law.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBTI).The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the fiscal year ending June 30, 2022.The Organization files tax forms in the U.S. federal jurisdiction and the State of California. The Organization is generally no longer subject to examination by these agencies for years before 2019. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Fundraising Event Income $174033 Part XII, Line 2d: Other expenses and losses per audited F/S Fundraising Expenses $174033 X X X X false CA Annual Event 120391 120391 23492 338 29594 35330 Real Estate Forecast 90604 90604 13680 619 36345 3705 210995 210995 37172 957 65939 39035 143103 67892 true X false false false Lee Ann Eager President & CEO 203375 30000 8147 10835 252357 Form 990, Part VI, Line 11b: Form 990 Review Process The Organization's management reviews the Form 990 prior to its filing. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Board approves compensation of CEO, after review of annual performance. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Available upon request.