2023-07-21T10:12:43-07:00 2022-12-31 204207759 Farber Hass Hurley LLP 300 E Esplanade Drive Suite 1400 Oxnard CA 93036 990 2022-01-01 770439585 ECONOMIC DEVELOPMENT COLLABORATIVE- VENTURA COUNTY ECON 8053841800 4001 MISSION OAKS BLVD A-1 CAMARILLO CA 93012 BRUCE STENSLIE President & CEO 2023-07-21 true BRUCE STENSLIE 999009999 true Sherwin Tolentino P01345520 8055048410 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 4001 MISSION OAKS BLVD A-1 CAMARILLO CA 93012 3851536 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. 36 36 23 0 822049 1284002 2288143 2342350 1523 5596 678391 219588 3790106 3851536 0 0 1479371 1823260 0 0 2221478 2176485 3700849 3999745 89257 -148209 6956185 13661843 3049213 9808780 3906972 3853063 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 3716677 The Economic Development Collaborative-Ventura County (EDC-VC) is a public/private partnership that provides businesses with professional consulting, training and lending services to help business thrive and add jobs.WE are service drive, with activities organized around business retention and expansion, business attraction and the acceleration of entreprenuership. In 2020 our serives were shaped dramatically starting in March with the onset of the Pandemic. With the tremendous outpouring of federal assistance for economic stabilization, businesses needed an unprecedented level of guidance on navigating these new programs and access to capital. Beginning in March of 2020, EDC made a radical and timely pivot to address this extraordinary need, building upon our existing base of services by offering bilingual remote one-on-one consulting, implementing informational webinars and establishing a rapid response call team.During 2022 we continued to build on the program innovations we developed in 2020 and 2021, both to address the direct impacts of pandemic and to facilitate a broadly shared, equitable and sustainable economic recovery. For notable concentrations of activity:Our Small Business Development Center continued its statewide leadership, not only in volume of activity first among all 49 of Californias Small Business Centers for hours of direct business advising but especially in outcomes: first for facilitating capital access for Hispanic owned firms, second in capital accessed and third in start-ups and total positive economic impacts for women-owned firms.Our lending programs continued to excel in volume of loans and loan capital, with 58% of loans and 63% of loan capital distributed to minority and women-owned businesses since 2013.We secured designation from the California Office of Small Business Advocate as one of ten Inclusive Innovation Hubs, our purpose being to help women and minority technology entrepreneurs to overcome long-persistent barriers to access capital and technical assistance.We secured funding from the County of Ventura to participate with the Ventura County Office of Education, First 5 Ventura County and Child Development Resources, for improving resource deployment for child care providers, restoring and enhancing our regions capacity for caring for children and supporting women to return to work.We secured designation by the State of California as fiscal agent and co-convener for Uplift Central Coast, a $5 million, two-year six-county initiative to plan and implement an equitable and sustainable regional economic strategy.We launched the pilot training programs for our three-year, $5 million Digital Literacy program, reaching collaborative agreements for training design and delivery with the Ventura County Office of Education and Ventura County Adults Schools Consortium, with Womens Economic Ventures and with GBL Systems Corporation and CompTIA: Information Technology Certifications and Training. 3716677 true true false false false false false false false false true false false false 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 38 0 true 23 true false false false false false false false 0 false false false false false false false false false false X 36 36 false false false false true true true true false false false true true true true true true true true false CA X X SHALENE HAYMAN 8053841800 4001 MISSION OAKS BLVD A-1 CAMARILLO CA 93012 BRUCE STENSLIE President & CEO 40.00 0.00 X 230510 0 41585 RAY BOWMAN Director of Small Business Dev Cent 40.00 0.00 159087 0 21362 MARVIN BOATENG Dir of Lending 40.00 0.00 132793 0 6971 KELLY NOBLE Office Manager 40.00 0.00 114949 0 18334 CAROLE DRULIAS BOARD MEMBER 1.00 0.00 X 0 0 0 KRISTIN DECAS Board Member 2.00 0.00 X 0 0 0 AMY FONZO Board Member 1.00 0.00 X 0 0 0 NAN DRAKE Board Member 1.00 0.00 X 0 0 0 JEREMY GOLDBERG BOARD MEMBER 1.00 0.00 X 0 0 0 HAROLD S EDWARDS Chairman 2.00 0.00 X X 0 0 0 HENRY DUBROFF Board Member 1.00 0.00 X 0 0 0 GERHARD APFELTHALER PhD Board Member 1.00 0.00 X 0 0 0 SARAH MCLELLAND BOARD MEMBER 1.00 0.00 X 0 0 0 SKYLER DITCHFIELD Board Member 1.00 0.00 X 0 0 0 CHRIS MEISSNER Board Member 1.00 0.00 X 0 0 0 CYNTHIA HERRERA Board Member 1.00 0.00 X 0 0 0 KELLY LONG Board Member 2.00 0.00 X X 0 0 0 CELINA ZACARIAS Board Member 1.00 0.00 X 0 0 0 MARY JARVIS Board Member 1.00 0.00 X 0 0 0 PETER ZIERHUT Secretary/Treas 2.00 0.00 X X 0 0 0 BOB ENGLER Board Member 2.00 0.00 X 0 0 0 SIM TANG-PARADIS Board Member 1.00 0.00 X 0 0 0 DAN REVETTO BOARD MEMBER 1.00 0.00 X 0 0 0 BOB HUBER Board Member 1.00 0.00 X 0 0 0 BARRY WOLFMAN BOARD MEMBER 1.00 0.00 X 0 0 0 JEY LACEY Board Member 1.00 0.00 X 0 0 0 DANIEL GROFF Board Member 1.00 0.00 X 0 0 0 SIMONE ALEX BOARD MEMBER 1.00 0.00 X 0 0 0 SUZA FRANCINA BOARD MEMBER 1.00 0.00 X 0 0 0 MIKE JOHNSON Board Member 1.00 0.00 X 0 0 0 MISTY PEREZ Board Member 1.00 0.00 X 0 0 0 JIM SCANLON Board Member 1.00 0.00 X 0 0 0 ALEX SCHNEIDER Board Member 1.00 0.00 X 0 0 0 TRACE STEVENSON Board Member 1.00 0.00 X 0 0 0 SHAWN MULCHAY Board Member 1.00 0.00 X 0 0 0 DEE DEE CAVANAUGH Vice Chair 2.00 0.00 X X 0 0 0 RANDALL HERNANDEZ Board Member 1.00 0.00 X 0 0 0 ANDY SOBEL Board Member 2.00 0.00 X 0 0 0 STEPHANIE CALDWELL Board Member 1.00 0.00 X 0 0 0 TRACY PEREZ Board Member 1.00 0.00 X 0 0 0 637339 88252 4 false true false ANTHONY CURTIS ELLIOTT 2470 STEARNS ST 275 SIMI VALLEY CA 93063 SMALL BUSINESS CONS. 108225 MMKelly Consulting LLC 3625 Maricopa Road Atascadero CA 93422 CONSULTING 109417 i Prise Communications Inc 3255 Dove Canyon Drive OXNARD CA 93036 CONSULTING 137054 Solvang Chamber of Commerce 485 Alisal Road Suite 245 Solvang CA 93463 CONSULTING 111122 4 1151502 132500 1284002 Other Program Revenue 179273 179273 Program Revenue 2163077 2163077 2342350 5596 5596 0 0 22718 22718 22718 22718 0 0 0 0 Loan Recoveries 3670 3670 Local Gov't Board Dues 79200 79200 Local Private Board Dues 114000 114000 196870 3851536 225184 2342350 X 0 0 0 0 642739 599330 43409 0 888675 828657 60018 36591 33286 3305 136404 124085 12319 118851 108117 10734 0 21521 21521 39501 37528 1973 0 0 0 1552117 1537243 14874 18504 15979 2525 80000 70371 9629 0 0 133819 123387 10432 0 0 0 33002 33002 0 4380 4380 20516 16672 3844 COMMUNITY OUTREACH 72051 42080 29971 TRAVEL, MEALS & TRAINING 60734 47175 13559 TELEPHONE & FAX 46292 40999 5293 PROFESSIONAL DEVELOPMENT 28018 27893 125 66030 30873 35157 3999745 3716677 283068 0 3603939 7903840 0 685372 1425091 291982 69817 0 0 2292561 3688319 0 25470 58273 24101 11200 6389 12901 0 0 0 0 50472 503602 6956185 13661843 219473 241424 128038 201738 2652403 4726666 49299 4638952 3049213 9808780 X 3407612 3353703 499360 499360 3906972 3853063 6956185 13661843 -148209 94300 X false true X true true true X 1233780 1827219 2462869 3151076 3447079 12122023 0 0 1233780 1827219 2462869 3151076 3447079 12122023 0 12122023 987 1276 599 1523 5596 9981 0 573743 475592 817510 616217 372473 2855535 14987539 86216 0.80880 0.77210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24101 11200 12901 12901 LEASE LIABILITY 86124 REFUNDABLE ADVANCE 4552828 4638952 3945836 94300 94300 3851536 3851536 3999745 3999745 3999745 X false false false false false false false false false BRUCE STENSLIE President & CEO 214510 16000 5400 36185 272095 RAY BOWMAN Director of Small Business Dev Cent 156587 2500 4773 16589 180449 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.