Ventura County Economic Development Association

Nonprofit profile at a glance

EIN
951905685
IRS 990-EZ coverage
2014–2025
Forms available
Form 990 2013, Form 990-EZ 2025
Location
Camarillo, CA, USA
Phone
8056761332
Rating confidence
Limited

Official website

Reported finances

Revenue
$31,307
Expenses
$62,638
Assets
$61,485
Liabilities
$240

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

30 people listed

People named in this filing

  • Brenda Acomb Forbes (Director)
  • Letitia Austin (Director)
  • Julia Justus (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ventura county economic development association (vceda) is a non-profit, regional business association whose mission is to maintain and enhance, through education and awareness, a strong economy in ventura county. Primary focus is on advocacy for legislation and government programs that enhance the overall business climate. This is accomplished through by sponsoring programs on business issues, conducting seminars, workshops and conferences focus on business issues in an attempt to retain businesses, attract new businesses to the region. Our events, our committees, and projects we facilitate are an integral part of the activities for which we have an exempt status.

What it reported doing in 2025

Advocacy - vceda provides member support and advocacy regarding business and legislative issues, and education and awarness of how those issues impact local businesses. We accomplish this by: (1) sponsoring forums for debate and discussion; (2) monthly board and committee meetings; (3)regular articles in newsletters and a website; and,(4) creating position statements that are forwarded to elected officials.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -100.1%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -17.3% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 30 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 7/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.