Public Charity

FOLSOM COMMUNITY DEVELOPMENT CORPORATION

FOLSOM COMMUNITY DEVELOPMENT CORPORATION is a Public Charity headquartered in FOLSOM, CA. Financial data from the 2025 filing: $505K revenue, $391K expenses, $847K total assets. 12 publicly reported grants to this organization, totaling roughly $130K, appear in IRS filings.

EIN: 680377492 FOLSOM, CA Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$505K
Total Expenses$391K
Total Assets$847K
Grant Records12
Funding Total$130K
Filing Years2021–2025

Mission

THE ORGANIZATION WILL ENCOURAGE SOUND AND BENEFICIAL ECONOMIC DEVELOPMENT IN THE CITY OF FOLSOM BY DEVELOPING AND MANAGING REAL PROPERTY. THE CORPORATION WILL LESSEN THE BURDENS OF GOVERNMENT BY ASSISTING IN DEVELOPING PUBLIC PROPERTIES. THE CORPORATION WILL PROMOTE SOCIAL WELFARE AND COMBAT COMMUNITY DETERIORATION BY DEVELOPING AND MANAGING DISADVANTAGED REAL PROPERTY IN FOLSOM.

Sample Grants Received

2025
Support for the economic development within the City of Folsom
$10,000
2024
Support for the economic development within the City of Folsom
$20,000
2022
Support for the economic development within the City of Folsom
$10,000
2020
Support for the economic development within the City of Folsom
$10,000
2020
COMMUNITY HEALTH
$10,000

Showing up to 5 of 12 total records — full history available with membership.

Officers & Directors

VICE CHAIRPERSON Eileen Reynolds
SECRETARY John Messner
CEO/PRESIDENT Joseph Gagliardi
DIRECTOR Pete Thompson
TREASURER Rob Aragon
CHAIR Robert Holderness

Officer compensation and complete director data available with membership.

Top Grant Purposes

Support for the economic development within the City of Folsom
$90,000 8 grants
Community Health
$20,000 2 grants
COMMUNITY HEALTH
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $505K $391K $847K
2024 $381K $532K $770K
2023 $352K $317K $754K
2022 $164K $269K $715K
2021 $390K $257K $903K

Between 2021 and 2025, reported annual revenue grew from $390K to $505K (+30%), with total assets most recently reported at $847K.

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

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