Economic Development Corporation of San Benito County
Nonprofit profile at a glance
- EIN
- 942893171
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2018
- Location
- Hollister, CA, USA
- Phone
- 8316361882
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $49,555
- Expenses
- $26,223
- Assets
- $189,031
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Bobbi R Wells (Executive Director)
People named in this filing
- Mary Hubbell (Treasurer)
- Brenda Weatherly (Director)
- Ken Lindsay (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Economic Development Corporation of San Benito county promotes economic growth and development in San Benito County, California through business attraction, retention, expansion and creation, while maintaining and preserving our agricultural land and rural environment.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 31
- Transparency & Controls: 73
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 23.4%; rating input score 23
- Program expense ratio: 44.1%; rating input score 44
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 47.1%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 7.21; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 44.4%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 23.4% of revenue deployed · 44.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Sustainability: Officer compensation ratio scored 4/100.