Ihub San Joaquin

Tax-deductible

Stockton, CA501(c)(3)Since 2014EmploymentEIN 47-2195886

To provide education, training, resources, & mentorship to entrepreneurs, innovators & students for the purpose of strengthening the economic climate of the san joaquin valley & to benefit the public by helping to create jobs & encourage economic development.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 18 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $57K a year · 16% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$371K
-12% vs prior year
Spent
$429K
To programs
74%
Net assets
$407K
By yearFY2022–FY2025
Revenue
$371K
FY2025▼ -12%
Revenue by fiscal year
FY2022$132K
FY2023$278K
FY2024$421K
FY2025$371K
Expenses
$429K
FY2025▲ +116%
Expenses by fiscal year
FY2022Not on file
FY2023$271K
FY2024$198K
FY2025$429K
Net assets
$407K
FY2025▼ -13%
Net assets by fiscal year
FY2022$236K
FY2023$243K
FY2024$465K
FY2025$407K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2015.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $318K Management & general 26% · $111K

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

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member (thru 9/25)
$0Pt VII · Sec A
Board Member (eff 9/25)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member (thru 7/25)
$0Pt VII · Sec A
See Ihub San Joaquin executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Fosters entrepreneurship and economic growth through innovative technology partnerships and job creation.

Provided by the organization

This section is blank until Ihub San Joaquin claims this page.

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3 program services account for $318K of program spending, described in the organization's own filed words · FY2025.
01

The IHUB2 program leverages awarded grant funding to enhance the capacity of the region's access to small business education and entrepreneur resources or trainers.

$284Kprogram expense
02

Hackathon is a day-long competition for middle school, high school, and college students who reside in san joaquin county. The emphasis of the competition is learning to code and on developing an app.

$26Kprogram expense
03

The innovation summit features a small business expo and speaker sessions on resources to help small businesses accelerate. And technologies that are transcending the green economy in california. The goal of the annual meeting & innovation summit is to provide a regional link to innovation in the valley.

$7Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$15K
Grants paid · 26 grants · $609K · 2023–2025
Stockton Community KitchenCA · FY2025$77,035
Huddle Co-Work CreateFY2025$48,000
Environmental Justice Coalition for WaterFY2025$32,490
Drc TruckingFY2025$29,850
Work Vine 209FY2025$24,000
Beam CircularCA · FY2025$20,000
San Joaquin PartnershipFY2025$6,492
Mission Mett LLCFY2025$5,675
Kommunity Hub NorcalCA · FY2025$5,139
Stockton Community KitchenCA · FY2024$54,532
Drc TruckingFY2024$22,400
Work Vine 209FY2024$13,000
Huddle Co-Work CreateFY2024$12,420
Mission Met LLCFY2024$6,025
Huddle Co-Work CreateFY2023$36,980
See all 26 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$371K
Ln 12
Gifts and grantsLn 1h$370K
Investment incomeLn 3$883
Money outPt IX
$429K
Ln 25
Programscol B$318K
Managementcol C$111K
Owns and owesPt X
$407K
net assets · Ln 32
Cash and savingsLn 1–2$279K
Total assetsLn 16$407K
LiabilitiesLn 26$0
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$370K
Government grantsLn 1e$297K
Investment incomeLn 3$883
Total revenueLn 12$371K
Assets in detailPt X, end of year
CashLn 1$279K
Cash and savings togetherLn 1–2$279K
InvestmentsLn 11–13$128K
Total assetsLn 16$407K
LiabilitiesLn 26$0
Net assetsLn 32$407K
OperationsPt I, VI
EmployeesI 50
VolunteersI 618
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$465K$279K
InvestmentsLn 11–13$128K
Total assetsLn 16$465K$407K
LiabilitiesLn 26$0$0
Net assetsLn 32$465K$407K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$270K$270K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$91K$91K
Advertising and promotionLn 12$20K$20K
Office expensesLn 13$5K$3K$2K
Conferences, conventions and meetingsLn 19$8K$8K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$25K$25K
Total functional expensesLn 25$429K$318K$111K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $371K$429K−$58K$407K 990 PDF
FY2024 $421K$198K$222K$465K 990 PDF
FY2023 $278K$271K$7K$243K 990 PDF
FY2022 $132K$236K 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
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $370,525 across 5 lines filed
VIII-1e Government grants$297,425
VIII-1f All other contributions, gifts and grants$72,217
VIII-1h Total contributions, gifts and grants$369,642
VIII-3 Investment incomeExcluded from tax $883$883
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $883$370,525
Part IX · Statement of functional expenses $428,982 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $270,034$270,034
IX-11c Accounting feesManagement $8,260$8,260
IX-11g Other fees for servicesManagement $91,000$91,000
IX-12 Advertising and promotionPrograms $19,996$19,996
IX-13 Office expensesPrograms $2,762 · Management $2,040$4,802
IX-19 Conferences, conventions and meetingsManagement $7,627$7,627
IX-23 InsuranceManagement $2,183$2,183
IX-24 Other expenses (24a–d)Programs $25,080$25,080
IX-25 Total functional expensesPrograms $317,872 · Management $111,110 · Fundraising $0$428,982
Part X · Balance sheet $406,793 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $465,250$279,211
X-12 Other securities$127,582
X-16 Total assetsStart of year $465,250$406,793
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $329,798$255,072
X-28 Net assets with donor restrictionsStart of year $135,452$151,721
X-32 Total net assets or fund balancesStart of year $465,250$406,793
X-33 Total liabilities and net assetsStart of year $465,250$406,793
Part XI · Reconciliation of net assets $406,793 net assets at year end
XI-1 Total revenue$370,525
XI-2 Total expenses$428,982
XI-3 Revenue less expenses−$58,457
XI-4 Net assets at start of year$465,250
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$406,793

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

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