Economic Development Coalition

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To actively promote Economic Development in southwest riverside county while working with various cities, the county of riverside and the local chambers of commerce.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0428745) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
24¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $4K a year · 2% of revenue · last 4 filings
A surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
24%
of spending
24% of spending went to programs.
Pt IX · Ln 25 · col B
4.6 mo
of spending, in cash
4.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $56K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$29K
23% of total assets
Liabilities are 23% of assets.
Pt X · Ln 26
Independent board members
20
of 20 voting members
20 of 20 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$307K
-10% vs prior year
Spent
$332K
To programs
24%
Net assets
$99K
By yearFY2021–FY2025
Revenue
$307K
FY2025▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2021$117K
FY2022$228K
FY2023$247K
FY2024$342K
FY2025$307K
Expenses
$332K
FY2025▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$195K
FY2023$239K
FY2024$341K
FY2025$332K
Net assets
$99K
FY2025▼ -20%
Tap a bar for its year
Net assets by fiscal year
FY2021$81K
FY2022$114K
FY2023$122K
FY2024$124K
FY2025$99K

From the FY2025 Form 990 (year ending June 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

24 cents of each dollar spent went to programs.

Program services 24% · $81K Management & general 76% · $251K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990.

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.

See Economic Development Coalition executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

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

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3 programs · $81K · in their 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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0428745) · Dispute this line
$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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0428745) · Dispute this line
Pt IX · Ln 25 · 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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0428745) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

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

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$307K
Ln 12
Gifts and grantsLn 1h$313K
Investment incomeLn 3$810
Money outPt IX
$332K
Ln 25
Programscol B$81K
Managementcol C$251K
Owns and owesPt X
$99K
net assets · Ln 32
Cash and savingsLn 1–2$126K
Total assetsLn 16$128K
LiabilitiesLn 26$29K
PeoplePt VI, VII
21
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$313K
Investment incomeLn 3$810
Total revenueLn 12$307K
Assets in detailPt X, end of year
CashLn 1$85K
SavingsLn 2$41K
Cash and savings togetherLn 1–2$126K
Accounts receivableLn 4$2K
Total assetsLn 16$128K
LiabilitiesLn 26$29K
Net assetsLn 32$99K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$148K$126K
Total assetsLn 16$148K$128K
LiabilitiesLn 26$24K$29K
Net assetsLn 32$124K$99K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$190K$190K
Pension plan contributionsLn 8$4K$4K
Payroll taxesLn 10$14K$14K
Management feesLn 11a$12K$12K
Other fees for servicesLn 11g$301$301
Advertising and promotionLn 12$65K$65K
Information technologyLn 14$428$428
OccupancyLn 16$2K$2K
TravelLn 17$11K$11K
Conferences, conventions and meetingsLn 19$5K$5K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$19K$16K$4K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$332K$81K$251K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Nov 14, 2025 $307K$332K−$25K$99K 990 PDF
FY2024Filed with the IRS Nov 15, 2024 $342K$341K$2K$124K 990 PDF
FY2023Filed with the IRS Dec 18, 2023 $247K$239K$8K$122K 990 PDF
FY2022Filed with the IRS Nov 11, 2022 $228K$195K$33K$114K 990 PDF
FY2021Filed with the IRS Jan 10, 2022 $117K$81K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $306,889 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $297,968$313,200
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$810
I-11 Other revenuePrior year $44,410−$7,121
I-12 Total revenuePrior year $342,378$306,889
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $228,636$209,183
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $112,191$122,563
I-18 Total expensesPrior year $340,827$331,746
I-19 Revenue less expensesPrior year $1,551−$24,857
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $306,889 across 6 lines filed
VIII-1b Membership dues$263,200
VIII-1f All other contributions, gifts and grants$50,000
VIII-1h Total contributions, gifts and grants$313,200
VIII-3 Investment incomeUnrelated business $810$810
VIII-8 Net income from fundraising eventsExcluded from tax −$7,121−$7,121
VIII-12 Total revenueRelated to mission $0 · Unrelated business $810 · Excluded from tax −$7,121$306,889
Part IX · Statement of functional expenses $331,746 across 13 lines filed
IX-7 Other salaries and wagesManagement $190,353$190,353
IX-8 Pension plan contributionsManagement $4,362$4,362
IX-10 Payroll taxesManagement $14,468$14,468
IX-11a Management feesManagement $12,000$12,000
IX-11g Other fees for servicesManagement $301$301
IX-12 Advertising and promotionPrograms $65,367$65,367
IX-14 Information technologyManagement $428$428
IX-16 OccupancyManagement $1,721$1,721
IX-17 TravelManagement $10,699$10,699
IX-19 Conferences, conventions and meetingsManagement $5,079$5,079
IX-23 InsuranceManagement $3,600$3,600
IX-24 Other expenses (24a–d)Programs $15,508 · Management $3,935$19,443
IX-24e All other expensesManagement $3,925$3,925
IX-25 Total functional expensesPrograms $80,875 · Management $250,871 · Fundraising $0$331,746
Part X · Balance sheet $128,415 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $107,539$85,497
X-2 Savings and temporary cash investmentsStart of year $40,108$40,918
X-4 Accounts receivable$2,000
X-16 Total assetsStart of year $147,647$128,415
X-17 Accounts payable and accrued expensesStart of year $16,830$12,660
X-25 Other liabilitiesStart of year $6,968$16,763
X-26 Total liabilitiesStart of year $23,798$29,423
X-27 Net assets without donor restrictionsStart of year $123,849$98,992
X-32 Total net assets or fund balancesStart of year $123,849$98,992
X-33 Total liabilities and net assetsStart of year $147,647$128,415
Part XI · Reconciliation of net assets $98,992 net assets at year end
XI-1 Total revenue$306,889
XI-2 Total expenses$331,746
XI-3 Revenue less expenses−$24,857
XI-4 Net assets at start of year$123,849
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$98,992

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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