Mission
The Corporation was formed for the benefit of the County of San Diego to help manage the risks related to future receipt of tobacco settlement payments and facilitate the efficient use of these tobacco settlement payments.
Public Charity
San Diego County Tobacco Securitization Corporation
Based in San Diego, CA, San Diego County Tobacco Securitization Corporation operates as a Public Charity. The organization reported $28.7M in revenue, $33.5M in expenses, $13.6M in total assets for fiscal year 2025.
EIN: 330927692
San Diego, CA
Public Finance, Taxation & Monetary Policy
NTEE: W22
Latest filing: 2025
Total Revenue$28.7M
Total Expenses$33.5M
Total Assets$13.6M
Grant Records0
Filing Years2021–2025
Where $100 goes at San Diego County Tobacco Securitization Corporation
How San Diego County Tobacco Securitization Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$100
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 $100 for programs
$81
Principal
$19
Debt related reimbursement
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
DIRECTOR
Chris Herrera
CHIEF FINANCIAL OFFICER
Joan Bracci
SECRETARY
Michel Anderson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $28.7M | $33.5M | $13.6M |
| 2024 | $30.5M | $35.7M | $14.4M |
| 2023 | $33.4M | $34.8M | $16.1M |
| 2022 | $35.5M | $38.2M | $17.6M |
| 2021 | $34.4M | $37.1M | $17.0M |
Between 2021 and 2025, reported annual revenue declined from $34.4M to $28.7M (-16%), with total assets most recently reported at $13.6M.
Interactive year-over-year charts and full filing details available with membership.