Public Charity

FOLSOM COMMUNITY DEVELOPMENT CORPORATION

FOLSOM COMMUNITY DEVELOPMENT CORPORATION is a Public Charity headquartered in FOLSOM, CA. Financial data from the 2024 filing: $381K revenue, $532K expenses, $770K total assets. 11 publicly reported grants to this organization, totaling roughly $120K, appear in IRS filings.

EIN: 680377492 FOLSOM, CA Latest filing: 2024
Total Revenue$381K
Total Expenses$532K
Total Assets$770K
Grant Records11
Funding Total$120K
Filing Years2020–2024

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

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
COMMUNITY HEALTH
$10,000
2020
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

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

SECRETARY Don Reid
DIRECTOR Eileen Reynolds
DIRECTOR John Messner
CEO/PRESIDENT Joseph Gagliardi
DIRECTOR Pete Thompson
TREASURER Rob Aragon

Officer compensation and complete director data available with membership.

Top Grant Purposes

Support for the economic development within the City of Folsom
$80,000 7 grants
Community Health
$20,000 2 grants
COMMUNITY HEALTH
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $381K $532K $770K
2023 $352K $317K $754K
2022 $164K $269K $715K
2021 $390K $257K $903K
2020 $144K $239K $80K

Between 2020 and 2024, reported annual revenue grew from $144K to $381K (+165%), with total assets most recently reported at $770K.

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

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