2025-10-17T11:41:24-07:00 2024-12-31 952302617 SingerLewak 10960 Wilshire Blvd Ste 1100 Los Angeles CA 90024 990 2024-01-01 770439585 ECONOMIC DEVELOPMENT COLLABORATIVE- VENTURA COUNTY ECON 8053841800 4001 MISSION OAKS BLVD A-1 CAMARILLO CA 93012 BRUCE STENSLIE President & CEO 2025-10-17 true true Sherwin Tolentino P01345520 8055048410 2024 2025-03-06 01:10:19Z 4001 MISSION OAKS BLVD A-1 CAMARILLO CA 93012 8580625 false X www.edc-vc.com X 1996 CA To promote local economic development, administer financial and loan programs, provide assistance in the retention and development of local business, facilitate cluster development, provide technical assistance and training, operate a variety of programs to assist defense dependent industries, and serve as an administartive body for the dissemination of information pertaining to community economic development. 31 30 21 0 3495554 5148945 3957139 3251935 43146 7444 194363 145418 7690202 8553742 0 0 2015372 2131767 0 10239 5445490 6244136 7460862 8375903 229340 177839 15116656 15009671 10949053 10548814 4167603 4460857 The EDC creates empowered business owners, connected community partners and informed civic leaders in the greater Ventura and Santa Barbara County region. Established in 1996, we are a 501(c)3 non-profit public/private partnership corporation, dedicated to growing the regions economy. Our vision is for stewarding a strong and healthy Ventura and Santa Barbara regional economy with a high quality of life and broadly shared opportunities. false false 8117761 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. 8117761 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 51 0 true 21 true false false false false false false false 0 false false false false false false false false false false X 31 30 false false false false true true true true false false false true true true true true true true true false CA X X KELLY NOBLE 8053841800 4001 MISSION OAKS BLVD A-1 CAMARILLO CA 93012 BRUCE STENSLIE President & CEO 40.00 0.00 X 224058 0 45221 Jaime S Fall Director 40.00 0.00 182864 0 28045 RAY BOWMAN Director of Small Business Dev Cent 40.00 0.00 174705 0 33157 KELLY NOBLE Office Manager 40.00 0.00 111764 0 18575 Monica E Estrella Grants/Cont. Mgr 40.00 0.00 119360 0 1028 TRACIE A SCHNEIDER Comm Manager 40.00 0.00 103193 0 8159 Jim Eubanks Board Member 0.50 0.00 X 0 0 0 KRISTIN DECAS Chair 1.00 0.00 X X 0 0 0 AMY FONZO Board Member 0.50 0.00 X 0 0 0 NAN DRAKE Board Member 0.50 0.00 X 0 0 0 JEREMY GOLDBERG Board Member 0.50 0.00 X 0 0 0 HAROLD S EDWARDS Board Member 0.50 0.00 X 0 0 0 HENRY DUBROFF Board Member 0.50 0.00 X 0 0 0 Ursula Moran Board Member 0.50 0.00 X 0 0 0 SARAH MCLELLAND Board Member 0.50 0.00 X 0 0 0 CHRIS MEISSNER Board Member 0.50 0.00 X 0 0 0 CYNTHIA HERRERA Board Member 0.50 0.00 X 0 0 0 Peter Zierhut Sec'y/Treasurer 1.00 0.00 X X 0 0 0 CELINA ZACARIAS Board Member 0.50 0.00 X 0 0 0 Jeff Gorell Board Member 0.50 0.00 X 0 0 0 Janice Parvin Board Member 0.50 0.00 X 0 0 0 BOB ENGLER Vice Chair 1.00 0.00 X X 0 0 0 SIM TANG-PARADIS Board Member 0.50 0.00 X 0 0 0 Martita Martinez-Bravo Board Member 0.50 0.00 X 0 0 0 DANIEL GROFF Board Member 0.50 0.00 X 0 0 0 Albert Mendez Board Member 0.50 0.00 X 0 0 0 Rachel Lang Board Member 0.50 0.00 X 0 0 0 Bryan McDonald Board Member 0.50 0.00 X 0 0 0 MISTY PEREZ Board Member 0.50 0.00 X 0 0 0 JIM SCANLON Board Member 0.50 0.00 X 0 0 0 ALEX SCHNEIDER Board Member 0.50 0.00 X 0 0 0 TRACE STEVENSON Board Member 0.50 0.00 X 0 0 0 Pedro Chavez Board Member 0.50 0.00 X 0 0 0 Joe Schroeder Board Member 0.50 0.00 X 0 0 0 DEE DEE CAVANAUGH Board Member 0.50 0.00 X 0 0 0 STEPHANIE CALDWELL Board Member 0.50 0.00 X 0 0 0 TRACY PEREZ Board Member 0.50 0.00 X 0 0 0 915944 134185 6 false true false GBL Systems Corporation 760 Paseo Camarillo Ste 401 Camarillo CA 93010 Curriculum Training 305000 Monterey Bay Economic Partnership 3180 Imjin Road Ste 153 Marina CA 93933 Program Managing 250117 REACH 893 Marsh Street 13201 San Luis Obispo CA 93401 Program Managing 727831 CITIES GPS LLC 6109 29th Street NW Washington DC 20015 CONSULTING 605000 Deloitte Transactions & Business 555 W 5th Street 2700 Los Angeles CA 90013 CONSULTING 854441 5 4911145 237800 5148945 Other Program Revenue 194268 194268 Program Revenue 3057667 3057667 3251935 7444 7444 0 0 0 0 3114 26883 -23769 0 0 Loan Recoveries 612 612 Local Gov't Board Dues 79200 79200 Local Private Board Dues 89375 89375 169187 8553742 176631 3251935 X 0 0 0 0 477141 458739 18402 0 1301275 1251089 50186 47945 45260 2685 172040 162404 9636 133366 125896 7470 0 9333 8125 1208 0 0 0 0 4566446 4538387 28059 64416 59184 974 4258 96374 76780 13823 5771 33027 30626 2401 0 151800 124612 27188 66422 58373 8049 0 0 26145 26145 0 0 25175 21697 3478 TRAINING & DEVELOPMENTBG 738466 738466 IN-KIND 115415 88500 26915 COMMUNICATIONS 100363 95301 5062 EVENTS EXPENSE 64229 61680 2549 186525 146497 39818 210 8375903 8117761 247903 10239 6105330 6001391 0 2178999 1720229 413217 42987 0 0 4628151 5552700 0 61180 64756 29727 20092 9643 9635 0 0 0 0 1720136 1617973 15116656 15009671 1153879 810713 178077 206809 6351440 7016860 3265657 2514432 10949053 10548814 X 3668243 3933497 499360 527360 4167603 4460857 15116656 15009671 177839 115415 X false true X true true true X 2462869 3151076 3447079 7275542 8206612 24543178 0 0 2462869 3151076 3447079 7275542 8206612 24543178 0 24543178 599 1523 5596 43146 7444 58308 0 817510 616217 372473 381226 362843 2550269 27151755 79806 0.90390 0.87000 X 29727 20092 9635 9635 INTEREST RECEIVABLE 25206 REFUNDABLE DEPOSITS 11097 RIGHT OF USE ASSET 1581670 1617973 LEASE LIABILITY 79180 PAYROLL LIABILITIES 123783 REFUNDABLE ADVANCE 2311469 2514432 8669157 115415 115415 8553742 8553742 8491318 115415 115415 8375903 8375903 X false false false false false false false false false BRUCE STENSLIE President & CEO 224058 45221 269279 Jaime S Fall Director 182864 28045 210909 RAY BOWMAN Director of Small Business Dev Cent 174705 33157 207862 Form 990, Part VI, Section A, Line 6 Board of Directors: 12 Public and 25 Private Form 990, Part VI, Section A, Line 7a Board of directors adopts recommendations from committee level or staff. Form 990, Part VI, Section A, Line 7b Executive board meets and sends recommendations to the board of directors for approval. Form 990, Part VI, Section A, Line 8b Brown Act Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the president/CEO and the excutive committee of the board of directors prior to filing. Form 990, Part VI, Section B, Line 12c Annual review by agenda item at full board meeting. Form 990, Part VI, Section B, Line 15a Annual review by the executive committee as state in the bylaws. Form 990, Part VI, Section B, Line 15b For the President's position, the Board of Directors, through the Executive Committee, reviews performance and reviews comparatives on executive pay within the professional economic development community. The ad hoc committee's recommendation for compensation is reviewed by the executive committee and acted on by the full board. For other staff, the Board (per adopted personnel policy and the president's contract) directs the President to complete annual personnel/performance reviews with each staff. The board adopts a budget that includes personnel costs; the President has the authority to set compensation within the budget limits for staff. Form 990, Part VI, Section C, Line 19 Documents and policies are available upon request. Financial statements are published monthly to the public at board meetings.