Mission
Assist growing small businesses obtain low cost optimally structured financing for fixed asset expansions which helps them retain and create jobs and assist their communities with neighborhood commercial revitalization efforts.
Public Charity
Bay Area Employment Development Company
Bay Area Employment Development Company is a Public Charity headquartered in Concord, CA. Financial data from the 2025 filing: $5.0M revenue, $4.7M expenses, $4.0M total assets. IRS filings disclose 12 grants awarded by this foundation, totaling roughly $112K.
EIN: 953457545
Concord, CA
Latest filing: 2025
Total Revenue$5.0M
Total Expenses$4.7M
Total Assets$4.0M
Grants Given12
Grant Total$112K
Filing Years2021–2025
Where $100 goes at Bay Area Employment Development Company
How Bay Area Employment Development Company divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$80
Programs
the work itself
$20
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 $80 for programs
$80
Bay Area Employment Development Company BDC is licensed by the U.S
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.
Sample Grants Given
Centro Community Partners
Economic Development
$36,000
Centro Community Partners
Economic Development
$10,000
DONATION OF ENTREPRENEURAL TRAINING AND MICROLENDING ORGANIZATION
$20,000
CAMP FIRE RELIEF FUND
$5,000
ECONOMIC DEVELOPMENT - SMALL BUSINESS PROMOTION
$5,000
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
Treasurer
Bonnie Lipscomb
VP Loan Analyst
Eleni Caryotakis
Director
Francine Boards
VP Loan Analyst
Heather Ashbridge
SVP & Marketing Manager
Isiah Alcantar
Director
James Baird
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.0M | $4.7M | $4.0M |
| 2024 | $4.5M | $4.0M | $3.7M |
| 2023 | $5.1M | $4.4M | $2.4M |
| 2022 | $5.0M | $4.7M | $1.7M |
| 2021 | $4.4M | $4.5M | $2.3M |
Between 2021 and 2025, reported annual revenue grew from $4.4M to $5.0M (+13%), with total assets most recently reported at $4.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in CA.
CA
Full geographic grant map with state-by-state breakdown available with membership.