Public Charity

VALLEY ECONOMIC DEVELOPMENT CENTER INC

Based in ENCINO, CA, VALLEY ECONOMIC DEVELOPMENT CENTER INC operates as a Public Charity. The organization reported $13.8M in revenue, $447K in expenses for fiscal year 2020. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $62K.

EIN: 953139419 ENCINO, CA General Support NTEE: DEFAULT Latest filing: 2020
Total Revenue$13.8M
Total Expenses$447K
Grant Records4
Funding Total$62K
Filing Years2017–2020

Mission

TO PROVIDE FINANCING ASSISTANCE, MANAGEMENT CONSULTING, AND TRAINING TO ENTREPRENEURS AND SMALL BUSINESS OWNERS IN AND AROUND LOS ANGELES COUNTY AND THROUGHOUT CALIFORNIA. ON JULY 2, 2019 VALLEY ECONOMIC DEVELOPMENT CENTER FILED FOR BANKRUPTCY. THE FILING FOR BANKRUPTCY IMPACTED ALL OF VEDC'S PROGRAMS.

Officers & Directors

BOARD MEMBER Anita Wolman
BOARD MEMBER Ariel Berrios
BOARD MEMBER Dutch Ross
COMPLIANCE DIRECTOR Edward Arnold
BOARD MEMBER EMERITUS John Marquis
BOARD MEMBER Leandro Tyberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$35,000 1 grant
Project Support
$20,000 2 grants
General Support
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2020 $13.8M $447K
2019 $4.6M $13.1M $41.1M
2018 $8.8M $11.7M $58.2M
2017 $8.6M $15.5M $74.1M

Between 2017 and 2020, reported annual revenue grew from $8.6M to $13.8M (+62%).

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

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