2023-12-04T20:56:25-08:00 2023-06-30 680399737 Janine Weber Bookkeeping and Tax 3876 Torrington Way Fairfield CA 94533 990 2022-07-01 911790564 Solano Economic Devco Corp SOLA 7078641855 5050 Business Center Dr Fairfield CA 94534 Christopher E Rico President & CEO 7078641855 2023-11-07 true Christopher Rico XXX-XX-XXXX true Janine Weber EA P00236237 7074218391 2023-12-04 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Solano EDC Christopher E Rico 5050 Business Center Dr Ste 200 Fairfield CA 94534 1352511 false X www.solanoedc.org X 1997 CA To positively impact the economic growth of Solano County by maintaining & enhancing a competitive location for businesses to expand & locate, providing direct service to scale local traded sector industries, attracting new jobs & investment, & connecting businesses with resources to meet their needs. The EDC collaborates with the cities, county, workforce development, utilities, & education to deliver all resources. 56 56 10 56 0 0 0 958829 1334397 39 6 13078 9441 971946 1343844 0 0 624995 752731 0 0 375268 507409 1000263 1260140 -28317 83704 147122 150411 93574 13159 53548 137252 To positively impact the economic growth of Solano County by maintaining & enhancing a competitive location for businesses to expand & locate, providing direct service to scale local traded sector industries, attracting new jobs & investment, & connecting businesses with resources to meet their needs. The EDC collaborates with the cities, county, workforce development, utilities, & education to deliver all resources. false false Solano Business First! is a network of all cities and partner organizations dedicated to reaching out and assisting existing companies in their cities by connecting them with specific resources, information, and services. Resources and services are available to assist businesses with expansions, address economic difficulties, access local, state and federal incentives and with assistance to help the company be more competitive in the broader marketplace. Confidential Site Location Assistance: Solano EDC works on a confidential basis with companies seeking to identify sites or buildings in the county, provides proposals and data per their request for location-decision evaluation, and will coordinate site tours. Once a company has identified specific sites that meet their needs, the City Economic Development representative will provide primary assistance, with the EDC continuing to provide data on workforce or access to programs to assist with location. As a Resource hub, the EDC provides demographic reports for special areas of interest, including information on available workforce, water rates, major employers, and occupations. For companies seeking business financing, the EDC will (1) Make referrals to agencies to assist with loan guarantees, direct financing, SBA loan packages, equipment and real estate financing and Industrial Development Bonds. (2) Assist businesses using recycled materials or diverting materials from the waste stream with Californias Recycling Market Development Zone Loan Program; and (3) Assist with project development infrastructure program financing partnered with a local city. false false false true false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false true false false false true 4 0 true 10 true false false false false false false X 56 56 true false false false true true false true true false false true false false false true true false CA X Chris Rico 7078641855 5050 Business Center Dr Ste 200 Fairfield CA 94534 Christopher E Rico President / CEO 40.00 X 184994 0 0 J Paul Harrington Program Manager 40.00 X 128283 0 0 Celia Esposito-Noy Chairman 2.00 X X 0 0 0 Kevin Miller Treasurer 1.00 X X 0 0 0 Albert Lavezzo Secretary 1.00 X X 0 0 0 Paul Adler Director 0.50 X 0 0 0 Greg Armstrong Director 0.50 X 0 0 0 Veronica Boe Director 0.50 X 0 0 0 Aaron Busch Director 0.50 X 0 0 0 Nicole Byrd Braddock Director 0.50 X 0 0 0 John Carli Director 0.50 X 0 0 0 Richard Casavecchia Director 0.50 X 0 0 0 Kim Castaneda Director 0.50 X 0 0 0 Fidel Chavez Director 0.50 X 0 0 0 David Danzeisen Director 0.50 X 0 0 0 Bill Emlen Director 0.50 X 0 0 0 Lisette Estrella-Henderson Director 0.50 X 0 0 0 Greg Folsom Director 0.50 X 0 0 0 Theresa Fortier Director 0.50 X 0 0 0 David Gassaway Director 0.50 X 0 0 0 Michael Ghiorso Director 0.50 X 0 0 0 Mario Giuliani Director 0.50 X 0 0 0 Daryl Halls Director 0.50 X 0 0 0 Erin Hannigan Director 0.50 X 0 0 0 Heather Henry Director 0.50 X 0 0 0 Alma Hernandez Director 0.50 X 0 0 0 Newman Hoffman Director 0.50 X 0 0 0 Kelley Jaeger-Jackson Director 0.50 X 0 0 0 Kevin Johnson Director 0.50 X 0 0 0 Andrea Jones Director 0.50 X 0 0 0 Konard Jones Director 0.50 X 0 0 0 Liz Kelly Director 0.50 X 0 0 0 Bridgit Koller Director 0.50 X 0 0 0 Jim Lindley Director 0.50 X 0 0 0 Mina Loera-Diaz Director 0.50 X 0 0 0 Mike Malone Director 0.50 X 0 0 0 Mitch Mashburn Director 0.50 X 0 0 0 Sheila Barrett McCabe Director 0.50 X 0 0 0 Onassis McFarlane Director 0.50 X 0 0 0 Kristina Miller Director 0.50 X 0 0 0 Cat Moy Director 0.50 X 0 0 0 Edwin Okamura Director 0.50 X 0 0 0 Scott Pardini Director 0.50 X 0 0 0 Jon Quick Director 0.50 X 0 0 0 Melyssa Reeves Director 0.50 X 0 0 0 Scott Reynolds Director 0.50 X 0 0 0 Nicolas Ruhl Director 0.50 X 0 0 0 James Russell-Field Director 0.50 X 0 0 0 Terry Scott Director 0.50 X 0 0 0 Scott Sheldon Director 0.50 X 0 0 0 Jeremiah Smith Director 0.50 X 0 0 0 Sheniece Smith Director 0.50 X 0 0 0 Sanjit Sodhi Director 0.50 X 0 0 0 Talyon Sortor Director 0.50 X 0 0 0 Lindsey Strange Director 0.50 X 0 0 0 Kathleen Trepa Director 0.50 X 0 0 0 Rob White Director 0.50 X 0 0 0 313277 0 0 2 false true false Membership Dues 900099 537371 0 0 County of Solano - BayREN Contract 900099 274568 0 0 City of Fairfield - TCC Contract 900099 70450 0 0 Solano Transportation Authority Contract 900099 55830 0 0 EDA Grant (Federal and Local) 900099 396178 0 0 1334397 6 0 6 15450 8667 6783 0 6783 Newsletter Sponsorship 900099 2500 0 0 2500 Service Fee Income 900099 158 0 0 158 2658 1343844 1334397 0 9447 201505 0 0 0 439749 0 0 0 38537 0 0 0 24741 0 0 0 48199 0 0 0 60 0 0 0 14335 0 0 0 310012 0 0 0 73118 0 0 0 8239 0 0 0 7096 0 0 0 51060 0 0 0 5051 0 0 0 8120 0 0 0 4162 0 0 0 9245 0 0 0 Dues, Memberships & Subs 16891 0 0 0 Taxes & Filing Fees 20 0 0 0 1260140 0 0 0 46771 141191 79351 2380 17500 3030 3500 3500 23579 23269 0 310 147122 150411 297 3878 93277 9281 93574 13159 X 53548 137252 53548 137252 147122 150411 83704 X false false false false true false Other This organization made "NO" lobbying or political Other expenditures this year. 23579 23269 310 310 Unearned Sponsorships 2500 Unearned Dues 1500 Unearned Grants 0 Unearned Meeting Revenue 80 CitiBusiness Credit Card 5201 9281 false false false Christopher E Rico 169844 0 7650 0 7500 0 12734 0 10656 0 208384 0 0 0 Pt VI, Line 6 There are 7 Levels of Membership: The Legacy Circle, Chair's Circle, Executive Stakeholder, Corporate Investor, Premier Investor, Investor & Non-Profit Pt VI, Line 7a Members vote via ballot Pt VI, Line 11b Board members are advised before the return is filed that it has been completed and is available for review at the organization's office or online. Board members are encouraged to ask questions, preferably in writing, which are generally answered prior to submitting the return to the IRS. Pt VI, Line 15a The Executive Committee and Board Officers establish the salary of the President / CEO during the annual budget process. Pt VI, Line 15b The Executive Committee and Board Officers establish the salary of Staff Personnel during the annual budget process. Pt VI, Line 19 Documents required by law (Determination Letter, Form 1024 Application, Forms 990) are available at the office upon request by appointment during normal business hours. Pt VI, Line 2 None of the Officers or Directors have a Family Relationship. However, some of the Directors have Business Relationships. The Cities of Benicia, Dixon, Fairfield, Rio Vista, Suisun City, Vacaville, Vallejo, and Winters, along with the County of Solano, each have two Directors apiece. Carpenters Local Union, Fairfield-Suisun Sewer District, Kaiser Permanente, and NorthBay Health also have two Directors apiece. Form 990, Part IX, Line 11g Media, Marketing and Public Relations 23330. Form 990, Part IX, Line 11g EDA Grant Consultants 286682. Solano Economic Development Corp 5050 Business Center Dr Ste 200 Fairfield CA 94534 942912759 Charitable CA 501(c)3 9 NA false false false false false false false false false false false false false false false false false false false false