Civic Intelligence

Solano Economic Development Corporation

EIN 94-2912759 • 501(c)3 • Fairfield, CA

Profile

The mission of Solano Economic Development Corporation is to enhance the economic vitality and quality of life of Solano County and its seven communities.

5050 Business Center DriveFairfield, CA 94534

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

92nd percentile

62%

Higher net margin than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

57th percentile

1.2%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

15th percentile

-59%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$46,048

Up $551 (+1.2%) from 2024

Liabilities

Down

$0

Down $7,135 (-100%) from 2024

Net Assets

Up

$46,048

Up $7,686 (+20%) from 2024

Operations
Liabilities / Revenue62nd percentileNet Margin92nd percentile

Revenue

Down

$12,310

Down $17,836 (-59%) from 2024

Expenses

Down

$4,624

Down $22,527 (-83%) from 2024

Net Income

Up

$7,686

Up $4,691 (+157%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

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

$60K$40K$20K$0Assets 2024: $45,497Liabilities 2024: $7,135Net Assets 2024: $38,3622024Assets 2025: $46,048Liabilities 2025: $0Net Assets 2025: $46,0482025

Highlighted filing

2025

Assets$46,048
Liabilities$0
Net Assets$46,048
Open 2025 Filing

Operations Trend

Revenue Growth15th percentile

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

$40K$30K$20K$10K$0Revenue 2024: $30,146Expenses 2024: $27,151Net Income 2024: $2,9952024Revenue 2025: $12,310Expenses 2025: $4,624Net Income 2025: $7,6862025

Highlighted filing

2025

Revenue$12,310
Expenses$4,624
Net Income$7,686
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,048
Liabilities
$0
Net assets
$46,048
Revenue
$12,310
Expenses
$4,624
Net income
$7,686
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$46.0$0.00$46.0$12.3$4.62$7.69
2024Detailed filing. Detailed filing data is available for this year.$45.5$7.14$38.4$30.1$27.2$3.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2024 to Oct 31, 2025
Signed
Jan 7, 2025
Return Version
2024v5.2
Gross Receipts
$12,310
Mission and Program Overview

Mission

The mission of Solano Economic Development Corporation is to enhance the economic vitality and quality of life of Solano County and its seven communities.

Program Services

DescriptionGrantsExpenses
Spearheaded the development of comprehensive ADU homeowner resources,including a website and other materials and technical Assistance 5,000 people were served$0$3,929
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris RicoPresident / CEOFT$0--
Kevin MillerChairman-$0--
Kelley Jaeger-JacksonVice-Chair-$0--
David GassawaySecretary-$0--
Nicole Byrd BraddockTreasurer-$0--
Paul AdlerDirector-$0--
Greg ArmstrongDirector-$0--
Bill BiasiDirector-$0--
Dr Kellie ButlerDirector-$0--
John CarliDirector-$0--
Kim CastanedaDirector-$0--
Savita ChaudharyDirector-$0--
Jeremy CraigDirector-$0--
David DanzeisenDirector-$0--
Bill EmlenDirector-$0--
Lisette Estrella-HendersonDirector-$0--
Theresa FortierDirector-$0--
Mario GiulianiDirector-$0--
Daryl HallsDirector-$0--
Alma HernandezDirector-$0--
Newman HoffmanDirector-$0--
Dave HubbleDirector-$0--
Kevin JohnsonDirector-$0--
Andrea JonesDirector-$0--
Bridgit KollerDirector-$0--
Albert LavezzoDirector-$0--
Jim LindleyDirector-$0--
Alexander MatiasDirector-$0--
Chris MatthewsDirector-$0--
Onassis McFarlaneDirector-$0--
Kristina MillerDirector-$0--
Cat MoyDirector-$0--
Andrew MurrayDirector-$0--
Derek NelsonDirector-$0--
Edwin OkamuraDirector-$0--
Jimmy PiersonDirector-$0--
Bret PrebulaDirector-$0--
Scott ReynoldsDirector-$0--
James Russell-FieldDirector-$0--
Jennifer SachsDirector-$0--
Terry ScottDirector-$0--
Scott SheldonDirector-$0--
Jeremiah SmithDirector-$0--
Sanjit SodhiDirector-$0--
Naytri SramekDirector-$0--
Lindsey StrangeDirector-$0--
Gina VasquezDirector-$0--
Wanda WilliamsDirector-$0--
Filing and Contact Details

Filer

Filer Name
Solano Economic Development Corporation
EIN
94-2912759
Phone
7078641855
Address
5050 Business Center Drive, Fairfield, CA 94534

Signing Officer

Name
Christopher E Rico
Title
President / CEO
Phone
7078641855
Signed
2025-01-07
Discuss with paid preparer
Yes

Preparer

Firm
Janine Weber Bookkeeping and Tax
Address
3876 Torrington Way, Fairfield, CA 94533
Preparer
Janine Weber
Phone
7074218391
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Taxes & Licenses 45.”

Form 990EZ, Part I, Line 16

“Misc Supplies 25.”

Form 990EZ, Part II, Line 26

“ADU Grant Funds Held 7135.”

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3David Gassaway
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