Public Charity

KERN ECONOMIC DEVELOPMENT CORPORATION

KERN ECONOMIC DEVELOPMENT CORPORATION is a Public Charity headquartered in BAKERSFIELD, CA. Financial data from the 2024 filing: $908K revenue, $996K expenses, $1.1M total assets. 10 publicly reported grants to this organization, totaling roughly $108K, appear in IRS filings.

EIN: 770151886 BAKERSFIELD, CA Latest filing: 2024
Total Revenue$908K
Total Expenses$996K
Total Assets$1.1M
Grant Records10
Funding Total$108K
Filing Years2020–2024

Mission

ATTRACTING NEW BUSINESS & INDUSTRY TO ALL CITIES & COMMUNITIES IN KERN COUNTY. RETAIN EXISTING INDUSTRY & COMPILE DATA TO ATTRACT NEW INDUSTRY.

Sample Grants Received

2024
TO CONNECT EDUCATION INITIATIVES, COMMUNITY PARTNERSHIPS, AND BUSINESS LEADERS ON PROJECTS TO DEVELOP THE LOCAL WORKFORCE TO MEET THE NEEDS OF THE LOCAL ECONOMY.
$10,000
2024
Kern Economic Development Corp Annual Sponsorship
$7,500
2023
TO ATTRACT NEW BUSINESS AND INDUSTRY TO ALL COMMUNITIES IN KERN COUNTY.
$12,500
2023
Kern Economic Development Corp Sponsored Event
$10,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

DIRECTOR Alexandro Garcia
DIRECTOR Alyssa Armesto
VICE CHAIR Andy Stanley
DIRECTOR Aytom Salomon
TREASURER Beckie Diltz
DIRECTOR Bill Farris

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$37,900 2 grants
TO ATTRACT NEW BUSINESS AND INDUSTRY TO ALL COMMUNITIES IN KERN COUNTY.
$12,500 1 grant
Miscellaneous Donation
$10,000 1 grant
Kern Economic Development Corp Sponsored Event
$10,000 1 grant
TO CONNECT EDUCATION INITIATIVES, COMMUNITY PARTNERSHIPS, AND BUSINESS LEADERS ON PROJECTS TO DEVELOP THE LOCAL WORKFORCE TO MEET THE NEEDS OF THE LOCAL ECONOMY.
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $908K $996K $1.1M
2023 $930K $857K $1.1M
2022 $972K $792K $1.2M
2021 $963K $689K $889K
2020 $748K $856K $576K

Between 2020 and 2024, reported annual revenue grew from $748K to $908K (+21%), 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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