Mission
Assist growing small businesses obtain low cost optimally structured financing for fixed asset expansions which helps them retain and create jobs and assist their communities with neighborhood commercial revitalization efforts.
Public Charity
Bay Area Employment Development Company
Bay Area Employment Development Company is a Public Charity headquartered in Concord, CA. Financial data from the 2024 filing: $4.5M revenue, $4.0M expenses, $3.7M total assets. IRS filings disclose 11 grants awarded by this foundation, totaling roughly $76K.
EIN: 953457545
Concord, CA
Latest filing: 2024
Total Revenue$4.5M
Total Expenses$4.0M
Total Assets$3.7M
Grants Given11
Grant Total$76K
Filing Years2020–2024
Sample Grants Given
Centro Community Partners
Economic Development
$10,000
DONATION OF ENTREPRENEURAL TRAINING AND MICROLENDING ORGANIZATION
$20,000
CAMP FIRE RELIEF FUND
$5,000
ECONOMIC DEVELOPMENT - SMALL BUSINESS PROMOTION
$5,000
SEMINAR SPONSORSHIP THROUGH ALAMEDA COUNTY SBDC
$5,000
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
Treasurer
Bonnie Lipscomb
Director
Francine Boards
Director
James Baird
Loan Analyst
Kimberly Shinjo
Senior VP
Mark Schwan
President
Michael Johnson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.5M | $4.0M | $3.7M |
| 2023 | $5.1M | $4.4M | $2.4M |
| 2022 | $5.0M | $4.7M | $1.7M |
| 2021 | $4.4M | $4.5M | $2.3M |
| 2020 | $4.0M | $4.0M | $2.1M |
Between 2020 and 2024, reported annual revenue grew from $4.0M to $4.5M (+15%), with total assets most recently reported at $3.7M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in CA.
CA
Full geographic grant map with state-by-state breakdown available with membership.