Public Charity

Santa Clara County Tobacco Securitization Corporation

Santa Clara County Tobacco Securitization Corporation, of San Jose, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $209K in revenue, $17.0M in expenses, $1.1M in total assets.

EIN: 208196689 San Jose, CA Public & Societal Benefit N.E.C. NTEE: W99 Latest filing: 2025
Total Revenue$209K
Total Expenses$17.0M
Total Assets$1.1M
Grant Records0
Filing Years2021–2025

Mission

The Organization was created for the benefit of the County of Santa Clara by helping to manage the risks related to future receipt of tobacco settlement payments (TSPs) and facilitate the efficient use of TSPs and thereby lessen the burdens of government.

Where $100 goes at Santa Clara County Tobacco Securitization Corporation

How Santa Clara County Tobacco Securitization Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
The specific purpose of the Organization is to make expenditures and otherwise distribute money from tobacco settlement payments for the benefit of the County of Santa Clara and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Curtis Boone
Director/Chair Julia Miller
CFO Margaret Olaiya
Director Paul Lorenz
Director Tina Zhuo

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $209K $17.0M $1.1M
2024 $204K $16.0M $943K
2023 $180K $15.1M $837K
2022 $152K $14.3M $766K
2021 $147K $13.5M $688K

Between 2021 and 2025, reported annual revenue grew from $147K to $209K (+42%), with total assets most recently reported at $1.1M.

Interactive year-over-year charts and full filing details available with membership.

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