Economic Development Coalition

Temecula, CA · Business league / trade association

! Not tax-deductible Latest data FY2025
Revenue
$307K
▼ -10% vs prior year
Spent
$332K
To programs
24%
Net assets
$99K

Form 990 for the fiscal year ending June 2025 (IRS tax year 2024).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. Inland Empire Community Foundation
$56K in the latest grant year.
Spent on programs?
24% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -10% vs prior year
Legal name (IRS)Hdr · item CEconomic Development Coalition
EINHdr · item D33-0428745
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFOct 1991
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CTemecula, CA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.edcsouthwestcalifornia.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.24 Management & general $0.76
Program services24%$81K
Management & general76%$251K
Total functional expensesLn 25$332K

Financial health

Revenue & expenses by yearFY2021–FY2025
Revenue
$307K
FY2025▼ -10%
Expenses
$332K
FY2025▼ -3%
Operating surplus
-8%
revenue over expenses▼ -1888% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
63%
of spending is salaries & benefits▼ -6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$128K
FY2025▼ -13%
Total liabilities
$29K
FY2025▲ +24%
Revenue less expensesPt I · Ln 19−$25K
Total assetsPt X · Ln 16$128K
Program-expense ratioPt IX · col B24%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420

Balance Sheet

Part X · end of year
CashLn 1$126K
Total assetsLn 16$128K
Total liabilitiesLn 26$29K
Total net assetsLn 32$99K
Months of cash on handcomputed4.6

Statement of Revenue

Part VIII
Contributions & grants102%$313K
Investment income$810
Total revenueLn 12$307K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $126K · Operating expenses/yr $332K
4.6 months
Where the money goes
Program services
Program services $81K · Total expenses $332K
24%
Management & General
Management & general $251K · Total expenses $332K
76%
Fundraising
Fundraising $0 · Total expenses $332K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $284K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $313K · Total revenue $307K
102%
Government reliance
Government grants — · Total revenue $307K
—
Earned-income share
Program service revenue $0 · Total revenue $307K
0%
Investment reliance
Investment income $810 · Total revenue $307K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $332K
0%
Growth & trend
Revenue growth (YoY)
This year $307K · Prior year $342K
-10%
Revenue CAGR
FY2020 $117K · FY2024 $307K
+27%
Net-asset trend (YoY)
End of year $99K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $307K · Expenses $332K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $128K
—
Net-asset ratio
Net assets $99K · Total assets $128K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $128K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ann Shaw · Reported title EXECUTIVE BOARD MEMBER · Highest reported compensation $0 · Total expenses $332K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $209K · Total expenses $332K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 24%——
Overhead ratio 76%——
Fundraising cost ratio 0%——
Revenue growth -10%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Connie Stopher$163,886$155,902$92,995

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Promotes economic growth in Southwest Riverside County with cities and chambers of commerce.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $81K of program spending, described in the organization's own filed words · FY2024.
01

Provide a clear and united voice of the edc's economic development efforts. Be the "one voice" advocate of the PUBLIC/PRIVATE sector in pursuit of economic growth.

$81Kprogram expense
02

Establish, protect, and reflect high standards of quality economic development. Stimulate and assist business growth, expand job opportunities and enhance the competitive position of southwest california.

Pt IX · col B
03

Create task forces needed to carry out essential economic development activities. Provide and cultivate the leadership necessary to sustain the PUBLIC/PRIVATE partnership.

Pt IX · col B

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$56K

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $307K$332K-10% 990 PDF
FY2024 $342K$341K+38% 990 PDF
FY2023 $247K$239K+9% 990 PDF
FY2022 $228K$195K+95% 990 PDF
FY2021 $117K— 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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