Civic Intelligence

Cudahy Economic Development Corporation

EIN 45-1544920 • 501(c)3 • Cudahy, CA

Profile

To lessen governmental burdens by providing assistance to the city of cudahy and cudahy community development commission in development efforts to promote economic development and eliminate blighting influences within the city of cudahy, but only to the extend that such purpose constitutes exclusively charitable, scientific and educational purposes.

5220 Santa Ana StreetCudahy, CA 90201

www.cudahyedc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $18,265,509 (-100%) from 2014

Liabilities

Down

$0

Down $17,445 (-100%) from 2014

Net Assets

Down

$0

Down $18,248,064 (-100%) from 2014

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $245,080 (-100%) from 2014

Expenses

Down

$0

Down $246,925 (-100%) from 2014

Net Income

Up

$0

Up $1,845 (+100%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $20,996,205Liabilities 2011: $8,200Net Assets 2011: $20,988,0052011Assets 2012: $20,054,466Liabilities 2012: $0Net Assets 2012: $20,054,4662012Assets 2013: $19,008,543Liabilities 2013: $15,400Net Assets 2013: $18,993,1432013Assets 2014: $18,265,509Liabilities 2014: $17,445Net Assets 2014: $18,248,0642014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0
Open 2015 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $11,3992011Expenses 2012: $1,152,9262012Revenue 2013: $376,994Expenses 2013: $745,211Net Income 2013: -$368,2172013Revenue 2014: $245,080Expenses 2014: $246,925Net Income 2014: -$1,8452014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015

Highlighted filing

2015

Revenue$0
Expenses$0
Net Income$0
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$18.3$0.02$18.2$0.25$0.25$0.00
2013Detailed filing. Detailed filing data is available for this year.$19.0$0.02$19.0$0.38$0.75$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.1$0.00$20.1$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$0.01$21.0$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$0
Mission and Program Overview

Mission

To lessen governmental burdens by providing assistance to the city of cudahy and cudahy community development commission in development efforts to promote economic development and eliminate blighting influences within the city of cudahy, but only to the extend that such purpose constitutes exclusively charitable, scientific and educational purposes.

To lessen governmental burdens by providing assistance to the city of cudahy and cudahy community development commission in development efforts to promote economic development and eliminate blighting influences within the city of cudahy, but only to the extent that such purpose constitutes exclusively charitable, scientific and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,146,889$0▼ $16,146,889
Other Notes and Loans Receivable, Net$1,435,725--
Cash and Non-Interest-Bearing Accounts$600,079--
Accounts Receivable$82,816--
Total Assets$18,265,509$0▼ $18,265,509
Liabilities
Accounts Payable and Accrued Expenses$17,445--
Total Liabilities$17,445$0▼ $17,445
Net Assets / Fund Balance
Temporarily Rstr Net Assets$20,108,995$0▼ $20,108,995
Unrestricted Net Assets$-1,860,931$0▲ $1,860,931
Total Net Assets Fund Balance$18,248,064$0▼ $18,248,064
Total Liabilities and Net Assets / Fund Balance$18,265,509$0▼ $18,265,509
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Michele GessnerChair
Alexander DavilaBoard Member
Martin FuentesBoard Member
Pamela RiosBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Cudahy economic development corp. Outside auditors and finance staff prepare the form 990. The form is then reviewed and approved by the organizations executive director. The form is then sent to the full board before mailing.”

Form 990, Part VI, Section B, Line 12C

“Cudahy economic development corp.(cedc) requires all employees to disclose, at least annually, all sources of income from compensation or from ownership of every outside entity that (a) sold, supplied or provided services (b) operated a competing enterprise or (c) provided goods or services to cedc in the last six months. Cedc also requires all directors to annually sign a statement affirming (a) receipt of cedc conflict of interest policy (b) understanding of the policy and (c) agreement with the policy. Cedc conflict of interest policy describes how cedc will resolve possible conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“Some or all of these items maybe available upon request.”

Filing and Contact Details

Filer

Filer Name
Cudahy Economic Development Corporation
EIN
45-1544920
Phone
3237735143
Address
5220 SANTA ANA STREET, CUDAHY, CA 90201

Signing Officer

Name
Jose E Pulido
Title
City Manager
Phone
3237735143
Signed
2016-11-14

Organization Details

Principal Officer
Jose E Pulido
Formed
2011
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Vasquez & Co Llp
Address
801 S GRAND AVE SUITE 400, LOS ANGELES, CA 90017
Preparer
Gilbert R Vasquez
Phone
2138731700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Assets & liabilities were all transfer to city of cudahy -18,248,064.”

Raw XML Appendix268 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/BOYAmt082816
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IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03237735143
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05220 SANTA ANA STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CUDAHY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
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IRS990/DecisionsSubjectToApprovaInd00
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IRS990/Desc0PROVIDE ASSISTANCE TO THE CITY OF CUDAHY AND CUDAHY COMMUNITY DEVELOPMENT COMMISSION IN DEVELOPMENT EFFORTS TO PROMOTE ECONOMIC DEVELOPMENT AND ELIMINATE BLIGHTING INFLUENCES WITHIN THE CITY OF CUDAHY, BUT ONLY TO THE EXTENT THAT SUCH PURPOSE CONSTITUTES EXCLUSIVELY CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES.
IRS990/DescribedInSection501c3Ind01
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IRS990/EmployeeCnt00
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IRS990/ExpenseAmt0121762
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHELE GESSNER
IRS990/Form990PartVIISectionAGrp/PersonNm1ALEXANDER DAVILA
IRS990/Form990PartVIISectionAGrp/PersonNm2PAMELA RIOS
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTIN FUENTES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016146889
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO LESSEN GOVERNMENTAL BURDENS BY PROVIDING ASSISTANCE TO THE CITY OF CUDAHY AND CUDAHY COMMUNITY DEVELOPMENT COMMISSION IN DEVELOPMENT EFFORTS TO PROMOTE ECONOMIC DEVELOPMENT AND ELIMINATE BLIGHTING INFLUENCES WITHIN THE CITY OF CUDAHY, BUT ONLY TO THE EXTENT THAT SUCH PURPOSE CONSTITUTES EXCLUSIVELY CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018248064
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-18248064
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01435725
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0360397
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0305000
IRS990/PYRevenuesLessExpensesAmt0-55397
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0360397
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0305000
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt00
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
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IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0593
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt066540
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-672432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020051
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0-585248
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0827235
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0-25000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-25000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/TotalSupportAmt0-610248
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CUDAHY ECONOMIC DEVELOPMENT CORP. OUTSIDE AUDITORS AND FINANCE STAFF PREPARE THE FORM 990. THE FORM IS THEN REVIEWED AND APPROVED BY THE ORGANIZATIONS EXECUTIVE DIRECTOR. THE FORM IS THEN SENT TO THE FULL BOARD BEFORE MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CUDAHY ECONOMIC DEVELOPMENT CORP.(CEDC) REQUIRES ALL EMPLOYEES TO DISCLOSE, AT LEAST ANNUALLY, ALL SOURCES OF INCOME FROM COMPENSATION OR FROM OWNERSHIP OF EVERY OUTSIDE ENTITY THAT (A) SOLD, SUPPLIED OR PROVIDED SERVICES (B) OPERATED A COMPETING ENTERPRISE OR (C) PROVIDED GOODS OR SERVICES TO CEDC IN THE LAST SIX MONTHS. CEDC ALSO REQUIRES ALL DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING (A) RECEIPT OF CEDC CONFLICT OF INTEREST POLICY (B) UNDERSTANDING OF THE POLICY AND (C) AGREEMENT WITH THE POLICY. CEDC CONFLICT OF INTEREST POLICY DESCRIBES HOW CEDC WILL RESOLVE POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOME OR ALL OF THESE ITEMS MAYBE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ASSETS & LIABILITIES WERE ALL TRANSFER TO CITY OF CUDAHY -18,248,064.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt00
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IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0CUDAHY
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IRS990/USAddress/ZIPCd090201
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.CUDAHYEDC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSE E PULIDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CITY MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03237735143
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CUDAHY ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CUDA
ReturnHeader/Filer/EIN0451544920
ReturnHeader/Filer/PhoneNum03237735143
ReturnHeader/Filer/USAddress/AddressLine1Txt05220 SANTA ANA STREET
ReturnHeader/Filer/USAddress/CityNm0CUDAHY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330700332
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VASQUEZ & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0801 S GRAND AVE SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090017
ReturnHeader/PreparerPersonGrp/PhoneNum02138731700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GILBERT R VASQUEZ
ReturnHeader/ReturnTs02016-11-15T18:45:13-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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No mirrored PDF or thumbnail assets are attached yet.