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Employer Identification Number 95-3139419

VALLEY ECONOMIC DEVELOPMENT CE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:VALLEY ECONOMIC DEVELOPMENT CE
Employer identification number (EIN):95-3139419
EIN Issuing AuthorityMemphis, TN
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations
401k Pension/Benefits registration VALLEY ECONOMIC DEVELOPMENT CE 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO CREATE AND SUSTAIN JOBS AND BUSINESSES IN OUR COMMUNITIES BY PROVIDING HIGH-QUALITY ECONOMIC DEVELOPMENT SERVICES.
Number of Employees103
Number of Volunteers0
Year Formed1976

Organization Governance

Legal DomicileCA
Voting Members - Governing Body15
Voting Members - Independent15

Organization Financials

2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 461,313
Program Service Revenue from current yearUSD $ 38,944
Investment Income from prior yearUSD $ 6,150
Investment Income from current yearUSD $ 494,042
Other Revenue from prior yearUSD $ 1,172,822
Other Revenue from current yearUSD $ 13,282,256
Gross receipts from all sourcesUSD $ 13,840,242
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 1,260,399
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 29,943,597
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 31,203,996
Revenues less expenses for current yearUSD $ 13,392,782
Revenues less expenses for previous yearUSD $ -2,897,288
Total expenses for current yearUSD $ 447,460
Total expenses for previous yearUSD $ 5,310,363
Other expenses in current yearUSD $ 290,202
Other expenses in previous yearUSD $ 4,043,105
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 157,258
Employee salary and benefits paid in previous yearUSD $ 1,267,258
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 13,840,242
Total revenue in previous fiscal yearUSD $ 2,413,075
Contributions and grants from current yearUSD $ 25,000
Contributions and grants from previous yearUSD $ 772,790
Total of other revenueUSD $ 13,275,553
2020-03-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,510,795
Program Service Revenue from current yearUSD $ 461,313
Investment Income from prior yearUSD $ 34,384
Investment Income from current yearUSD $ 6,150
Other Revenue from prior yearUSD $ 100,584
Other Revenue from current yearUSD $ 1,172,822
Gross receipts from all sourcesUSD $ 2,413,075
Net assets / fund balances at end of fiscal yearUSD $ 1,260,399
Net assets / fund balances at beginning of fiscal yearUSD $ 4,157,687
Total liabilities at end of fiscal yearUSD $ 29,943,597
Total liabilities at beginning of fiscal yearUSD $ 36,991,904
Total assets at end of fiscal yearUSD $ 31,203,996
Total assets at beginning of fiscal yearUSD $ 41,149,591
Revenues less expenses for current yearUSD $ -2,897,288
Revenues less expenses for previous yearUSD $ -8,466,095
Total expenses for current yearUSD $ 5,310,363
Total expenses for previous yearUSD $ 13,061,289
Other expenses in current yearUSD $ 4,043,105
Other expenses in previous yearUSD $ 10,002,732
Total fundraising expenses in current yearUSD $ 12,665
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,267,258
Employee salary and benefits paid in previous yearUSD $ 3,058,557
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,413,075
Total revenue in previous fiscal yearUSD $ 4,595,194
Contributions and grants from current yearUSD $ 772,790
Contributions and grants from previous yearUSD $ 2,949,431
Total of other revenueUSD $ 1,124,606
2019-03-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,526,347
Program Service Revenue from current yearUSD $ 1,510,795
Investment Income from prior yearUSD $ 69,705
Investment Income from current yearUSD $ 34,384
Other Revenue from prior yearUSD $ 660,276
Other Revenue from current yearUSD $ 100,584
Gross receipts from all sourcesUSD $ 4,595,194
Net assets / fund balances at end of fiscal yearUSD $ 4,157,687
Net assets / fund balances at beginning of fiscal yearUSD $ 14,716,125
Total liabilities at end of fiscal yearUSD $ 36,991,904
Total liabilities at beginning of fiscal yearUSD $ 43,458,870
Total assets at end of fiscal yearUSD $ 41,149,591
Total assets at beginning of fiscal yearUSD $ 58,174,995
Revenues less expenses for current yearUSD $ -8,466,095
Revenues less expenses for previous yearUSD $ -2,932,233
Total expenses for current yearUSD $ 13,061,289
Total expenses for previous yearUSD $ 11,741,822
Other expenses in current yearUSD $ 10,002,732
Other expenses in previous yearUSD $ 7,127,948
Total fundraising expenses in current yearUSD $ 253,948
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,058,557
Employee salary and benefits paid in previous yearUSD $ 4,613,874
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 4,595,194
Total revenue in previous fiscal yearUSD $ 8,809,589
Contributions and grants from current yearUSD $ 2,949,431
Contributions and grants from previous yearUSD $ 4,553,261
Total of other revenueUSD $ 69,897
2018-03-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 5,695,405
Program Service Revenue from current yearUSD $ 3,526,347
Investment Income from prior yearUSD $ -171,333
Investment Income from current yearUSD $ 69,705
Other Revenue from prior yearUSD $ 188,791
Other Revenue from current yearUSD $ 660,276
Gross receipts from all sourcesUSD $ 8,809,589
Net assets / fund balances at end of fiscal yearUSD $ 14,716,125
Net assets / fund balances at beginning of fiscal yearUSD $ 18,508,580
Total liabilities at end of fiscal yearUSD $ 43,458,870
Total liabilities at beginning of fiscal yearUSD $ 55,600,860
Total assets at end of fiscal yearUSD $ 58,174,995
Total assets at beginning of fiscal yearUSD $ 74,109,440
Revenues less expenses for current yearUSD $ -2,932,233
Revenues less expenses for previous yearUSD $ -6,901,524
Total expenses for current yearUSD $ 11,741,822
Total expenses for previous yearUSD $ 15,459,392
Other expenses in current yearUSD $ 7,127,948
Other expenses in previous yearUSD $ 8,673,309
Total fundraising expenses in current yearUSD $ 452,689
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,613,874
Employee salary and benefits paid in previous yearUSD $ 6,786,083
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,809,589
Total revenue in previous fiscal yearUSD $ 8,557,868
Contributions and grants from current yearUSD $ 4,553,261
Contributions and grants from previous yearUSD $ 2,845,005
Total of other revenueUSD $ 628,934
2017-03-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,707,906
Program Service Revenue from current yearUSD $ 5,695,405
Investment Income from prior yearUSD $ 65,159
Investment Income from current yearUSD $ -171,333
Other Revenue from prior yearUSD $ 21,806
Other Revenue from current yearUSD $ 188,791
Gross receipts from all sourcesUSD $ 9,939,696
Net assets / fund balances at end of fiscal yearUSD $ 18,508,580
Net assets / fund balances at beginning of fiscal yearUSD $ 25,410,109
Total liabilities at end of fiscal yearUSD $ 55,600,860
Total liabilities at beginning of fiscal yearUSD $ 44,726,873
Total assets at end of fiscal yearUSD $ 74,109,440
Total assets at beginning of fiscal yearUSD $ 70,136,982
Revenues less expenses for current yearUSD $ -6,901,524
Revenues less expenses for previous yearUSD $ 202,831
Total expenses for current yearUSD $ 15,459,392
Total expenses for previous yearUSD $ 12,657,643
Other expenses in current yearUSD $ 8,673,309
Other expenses in previous yearUSD $ 6,457,717
Total fundraising expenses in current yearUSD $ 773,339
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,786,083
Employee salary and benefits paid in previous yearUSD $ 6,199,926
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,557,868
Total revenue in previous fiscal yearUSD $ 12,860,474
Contributions and grants from current yearUSD $ 2,845,005
Contributions and grants from previous yearUSD $ 8,065,603
Gross income from fundraising eventsUSD $ 417,175
Total of other revenueUSD $ 150,741
2015-03-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,336,045
Program Service Revenue from current yearUSD $ 3,311,646
Investment Income from prior yearUSD $ 78,597
Investment Income from current yearUSD $ 75,525
Other Revenue from prior yearUSD $ 22,108
Other Revenue from current yearUSD $ 34,267
Gross receipts from all sourcesUSD $ 12,234,832
Net assets / fund balances at end of fiscal yearUSD $ 25,683,118
Net assets / fund balances at beginning of fiscal yearUSD $ 23,390,975
Total liabilities at end of fiscal yearUSD $ 43,248,292
Total liabilities at beginning of fiscal yearUSD $ 30,111,047
Total assets at end of fiscal yearUSD $ 68,931,410
Total assets at beginning of fiscal yearUSD $ 53,502,022
Revenues less expenses for current yearUSD $ 2,227,143
Revenues less expenses for previous yearUSD $ 5,570,911
Total expenses for current yearUSD $ 10,007,689
Total expenses for previous yearUSD $ 8,027,321
Other expenses in current yearUSD $ 5,286,509
Other expenses in previous yearUSD $ 4,251,535
Total fundraising expenses in current yearUSD $ 359,417
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,721,180
Employee salary and benefits paid in previous yearUSD $ 3,775,786
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12,234,832
Total revenue in previous fiscal yearUSD $ 13,598,232
Contributions and grants from current yearUSD $ 8,813,394
Contributions and grants from previous yearUSD $ 10,161,482
Total of other revenueUSD $ 2,902

Other Company Names associated with EIN

VALLEY ECONOMIC DEVELOPMENT CENTER INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 953139419

USA Location Address
5121 VAN NUYS BLVD STE 300
SHERMAN OAKS
CA
914031498
Date first seen: 2013-07-30
Date last seen: 2022-05-16
USA Mailing Address
5121 VAN NUYS BLVD STE 300
SHERMAN OAKS
CA
91403
Date first seen: 2007-01-01
Date last seen: 2025-09-30
USA Location Address
5121 VAN NUYS BLVD., 3RD FLOOR
VAN NUYS
CA
91403
Date first seen: 2007-01-01
Date last seen: 2025-09-30
USA Location Address
21550 BURBANK BLVD.
SUITE 105
WOODLAND HILLS
CA
91367
Date first seen: 2007-01-01
Date last seen: 2025-09-30
USA Mailing Address
16255 VENTURA BLVD NO 440
ENCINO
CA
91436
Date first seen: 2007-01-01
Date last seen: 2025-06-30
USA Location Address
8493 FARRALONE AVE # 3101
WEST HILLS
CA
913042221
Date first seen: 2023-10-17
Date last seen: 2023-10-17

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

EIN Change Events for VALLEY ECONOMIC DEVELOPMENT CE

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