2016-01-09T20:02:31-08:00 2015-06-30 Smith & Newell CPAs 950 Tharp Rd Ste 502 Yuba City CA 95993 990 2014-07-01 680065873 3CORE INC 3COR 5308938732 3120 COHASSET ROAD CHICO CA 95973 MARC NEMANIC Executive Dir. 2015-11-09 true Norman Newell CPA P00395862 5306739790 X 2014 2016-04-25 22:37:26Z MARC NEMANIC 3120 COHASSET ROAD CHICO CA 95973 487243 false false X www.3coreedc.org X 1985 CA Serve as intermediary for public and private investments that foster a stable and diversified local economy, to improve social, economic and employment conditions, and to implement sound, long-term strategy to address indentified community needs. 7 7 7 37 0 302004 249068 177109 177291 7039 3971 139168 56913 625320 487243 0 0 384977 307523 0 0 220707 164657 605684 472180 19636 15063 4533081 5708290 2491970 3652116 2041111 2056174 Serve as intermediary for public and private investments that foster a stable and diversified local economy, to improve social, economic and employment conditions, and to implement sound, long-term strategy to address indentified community needs. false false 386507 177291 The Organization was organized and established in 1985 as a private nonprofit organization serving the three county region of Butte, Glenn and Tehama. The specific purpose of this Organization is to be an intermediary for public and private investments that foster a stable and diversified local economy, to improve social economic and employment conditions through collaborative partnerships and to implement a sound, long-term strategy that can address identified community needs through private, public, and non-profit organizations principally located within Butte, Glenn and Tehama counties.Services related to economic development are primarily funded through various federal grants. The Organization was designated as an economic development district by the Economic Development Administration under the provisions of the Public Works and Economic Development Act of 1965. Funds provided are to be used to foster economic planning and cooridnation services.The Organization also has established a revolving loan program in which funds are made available to local business. The funds for the program are derived from a U.S. Department of Commerce Economic Development Administration Grant, U.S. Department of Housing and Urban Development Block Grants, various local grant funds, local matching funds, refundable loans, and reinvestment of interest and loan packaging fees. The Organization also provides contract services, primarily to local government units, related to obtaining and administering grant projects. 386507 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 5 0 false 7 true false false false false false false false false 0 false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false CA X X JOANNA WILLIAMS 5308938732 3120 COHASSET ROAD CHICO CA 95973 X DAN BLAIR President 0.50 0.00 X X 0 0 0 STAR BROWN Secretary 0.50 0.00 X X 0 0 0 ALEXA BENSON-VALAVANIS Vice President 0.50 0.00 X X 0 0 0 KATHY SARMIENTO Director 0.50 0.00 X 0 0 0 JOVANNI TRICERRI Director 0.50 0.00 X 0 0 0 LORRI PRIDE Director 0.50 0.00 X 0 0 0 KARLI OLSEN Director 0.50 0.00 X 0 0 0 MARC NEMANIC Executive Dir. 40.00 0.00 X 0 0 0 0 false false false 0 146130 102938 249068 Loan interest and fees 522291 177291 177291 177291 3971 3971 0 0 0 0 0 0 0 Miscellaneous 900099 56913 56913 56913 487243 234204 3971 0 0 0 0 70263 51274 18989 0 174113 151558 22555 0 41703 34613 7090 21444 18694 2750 0 1746 1484 262 14530 12060 2470 0 0 0 0 2034 959 1075 2395 1496 899 0 0 0 7951 2920 5031 0 0 20265 20265 0 1506 1506 10741 8327 2414 Professional services 52685 48711 3974 Rent 16410 13622 2788 Equipment Rent 11679 5470 6209 Repairs & Maintenance 7406 6334 1072 15309 8720 6589 472180 386507 85673 0 435226 779905 1949095 2331599 0 56100 32547 0 0 2086768 2559833 0 37 57 47451 43102 5855 4349 0 0 0 0 0 4533081 5708290 31514 33349 2100929 3375275 359527 243492 2491970 3652116 X 835970 798934 1205141 1257240 2041111 2056174 4533081 5708290 15063 X false true X true true true X 170694 508844 682666 302004 249068 1913276 447415 265403 169512 177109 177291 1236730 0 0 0 618109 774247 852178 479113 426359 3150006 0 0 3150006 3217 4043 7039 3971 18270 0 3217 4043 7039 3971 18270 0 16796 14596 139168 56913 227473 618109 794260 870817 625320 487243 3395749 0.92760 0.95230 0.00540 0.00370 X Support Schedule: Other Income Explanation Miscellaneous revenue RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47451 43102 4349 4349 Compensated Absences Payable 12794 Deposits 198876 Line of Credit 15000 Unearned revenue 16822 243492 X 487243 487243 487243 472180 472180 472180 Part X : FIN48 Footnote The Corporation believes that it has appropriate support for any tax provision taken, and as such, does not have any uncertain tax positions that are material to the financial statemetns. The Corporation's federal and state information returns are subject to examination by regulatory agencies, generally for three and four years after they were filed for federal and state, respectively. Form 990, Part VI, Line 11b: Form 990 Review Process The board reviews the tax return at its monthly meeting before the Executive Director signs the return. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Organization has incorporated a conflict of interest policy into the personnel procedures manual applicable to employees and board members. Such persons are required to inform management of any potential conflicts upon occurrence of the development. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board of Directors conducts an annual evaluation and review of the compensation paid to the Executive Director and sets compensation for the position. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees All other staff compensation, including key employees, is established by the Executive Director. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents are made available on 3Core Inc's website. Additionally the 990 is made available on the Guide star Website.