Civic Intelligence

Ventura County Economic Development Association

990EZ • Fiscal year 2015 • EIN 95-1905685

Jan 01, 2015 to Dec 31, 2015 • Filed on May 09, 2016

PO Box 2744Camarillo, CA 93011

(805) 676-1332

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

80th percentile

25%

Faster asset growth than 80% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-21%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$23,095

Up $4,639 (+25%) from 2014

Net Assets

Up

$23,095

Up $14,139 (+158%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$129,757

Down $34,706 (-21%) from 2014

Expenses

Down

$115,618

Down $44,481 (-28%) from 2014

Net Income

Up

$14,139

Up $9,775 (+224%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $68,525Liabilities 2011: $5,268Net Assets 2011: $63,2572011Assets 2012: $51,385Liabilities 2012: $10,000Net Assets 2012: $41,3852012Assets 2013: $12,645Liabilities 2013: $8,053Net Assets 2013: $4,5922013Assets 2014: $18,456Liabilities 2014: $9,500Net Assets 2014: $8,9562014Assets 2015: $23,095Net Assets 2015: $23,0952015Assets 2016: $81,016Net Assets 2016: $81,0162016Assets 2017: $128,874Net Assets 2017: $128,8742017Assets 2018: $110,616Liabilities 2018: $520Net Assets 2018: $110,0962018Assets 2019: $111,770Liabilities 2019: $627Net Assets 2019: $111,1432019Assets 2020: $141,028Net Assets 2020: $141,0282020Assets 2021: $178,145Net Assets 2021: $178,1452021Assets 2022: $147,293Liabilities 2022: $86Net Assets 2022: $147,2072022Assets 2023: $132,658Liabilities 2023: $85Net Assets 2023: $132,5732023Assets 2024: $92,752Liabilities 2024: $176Net Assets 2024: $92,5762024

Highlighted filing

2015

Assets$23,095
Liabilities-
Net Assets$23,095

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $282,219Expenses 2011: $282,723Net Income 2011: -$5042011Revenue 2012: $257,149Expenses 2012: $279,021Net Income 2012: -$21,8722012Revenue 2013: $239,464Expenses 2013: $231,549Net Income 2013: $7,9152013Revenue 2014: $164,463Expenses 2014: $160,099Net Income 2014: $4,3642014Revenue 2015: $129,757Expenses 2015: $115,618Net Income 2015: $14,1392015Revenue 2016: $122,016Expenses 2016: $64,095Net Income 2016: $57,9212016Revenue 2017: $123,215Expenses 2017: $75,357Net Income 2017: $47,8582017Revenue 2018: $118,320Expenses 2018: $137,098Net Income 2018: -$18,7782018Revenue 2019: $119,343Expenses 2019: $118,296Net Income 2019: $1,0472019Revenue 2020: $101,258Expenses 2020: $71,373Net Income 2020: $29,8852020Revenue 2021: $68,147Expenses 2021: $31,030Net Income 2021: $37,1172021Revenue 2022: $15Expenses 2022: $30,953Net Income 2022: -$30,9382022Revenue 2023: $15Expenses 2023: $14,649Net Income 2023: -$14,6342023Revenue 2024: $18,183Expenses 2024: $58,180Net Income 2024: -$39,9972024

Highlighted filing

2015

Revenue$129,757
Expenses$115,618
Net Income$14,139
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 9, 2016
Return Version
2015v2.0
Gross Receipts
$129,757
Mission and Program Overview

Mission

Ventura county economic development association (vceda) is a non-profit, regional business association whose mission is to maintain and enhance, through education and awareness, a strong economy in ventura county. Primary focus is on advocacy for legislation and government programs that enhance the overall business climate. This is accomplished through by sponsoring programs on business issues, conducting seminars, workshops and conferences focus on business issues in an attempt to retain businesses, attract new businesses to the region. Our events, our committees, and projects we facilitate are an integral part of the activities for which we have an exempt status.

Program Services

DescriptionGrantsExpenses
ADVOCACY - VCEDA PROVIDES MEMBER SUPPORT AND ADVOCACY REGARDING BUSINESS AND LEGISLATIVE ISSUES, AND EDUCATION AND AWARNESS OF HOW THOSE ISSUES IMPACT LOCAL BUSINESSES. WE ACCOMPLISH THIS BY: (1) SPONSORING FORUMS FOR DEBATE AND DISCUSSION; (2) MONTHLY BOARD AND COMMITTEE MEETINGS; (3)REGULAR ARTICLES IN NEWSLETTERS AND A WEBSITE; AND,(4) CREATING POSITION STATEMENTS THAT ARE FORWARDED TO ELECTED OFFICIALS.--
EVENTS - VCEDA HELD MANY NETWORKING AND EDUCATIONAL EVENTS. IN2015 OUR 45TH ANNUAL BUSINESS OUTLOOK CONFERENCE WAS ENTITLED "THEROAD TO SUCCESS; TRENDS, CHALLENGES, AND OPPORTUNITIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL CARDONADirector-$0--
ERIC HARRISONDirector-$0--
STACY A ROSCOEExecutive Director-$0--
WILLIAM J BUENGEREx-Officio Mbr-$0--
SUE CHADWICKExecutive Direc-$0--
MARC CHARNEYExecutive Direc-$0--
AMY FONZODirector-$0--
KRISTEN DECASDirector-$0--
DR VLAD VAIMANExecutive Director-$0--
HENRY DUBROFFDirector-$0--
LORENA GOMEZDirector-$0--
JOE GIBSONDirector-$0--
PHIL NELSONDirector-$0--
JOSEPH D KREUTZDirector-$0--
ELLEN BROWNExecutive Director-$0--
DAWN NOORDA BOLDRINDirector-$0--
RUDY GONZALESDirector-$0--
MITCHELL KAHNExecutive Direc-$0--
MARIA VENTURADirector-$0--
MELISSA SAYERDirector-$0--
MARK SELLERSDirector-$0--
EDWIN LYONHonorary Member-$0--
MIKE DUROCHERDirector-$0--
BILL CAMARILLOChairman-$0--
TRACY PEREZDirector-$0--
RANDALL GEORGEDirector-$0--
MIKE SMITHDirector-$0--
CYNTHIA POLLARDDirector-$0--
JOHN CHAMBERLAINDirector-$0--
JIM MEANEYDirector-$0--
MICHAEL SILACCITreasurer-$0--
CELINA ZACARIASDirector-$0--
NAN DRAKEExecutive Director-$0--
JOHN KRISTDirector-$0--
DARREN KETTLEEx-Officio-$0--
DAVID SHOREDirector-$0--
SANDY SMITHDirector-$0--
DOUGLAS KINGDirector-$0--
KARA ROEDERDirector-$0--
DICK THOMPSONEx-Officio-$0--
BRUCE STENSLIEEx-Officio Mbr-$0--
KERBY LECKAExecutive Director-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Ventura County Economic
EIN
95-1905685
Phone
8056761332
Address
PO BOX 2744, CAMARILLO, CA 93011

Signing Officer

Name
Sandy Smith
Title
President & CEO
Signed
2016-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Rene S Randel MBA CPA CFP
Address
1601 Carmen Drive Suite 213, Camarillo, CA 93010
Preparer
Rene S Randel Mba CPA Cfp
Phone
8053893330
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1410

Other Expenses.1007

Conferences, Conventions, and Meetings $25975

Other Expenses.1008

Interest $146

Other Expenses.1012

Insurance $734

Other Expenses.1

CONTRACT SERVICES $40508

Other Expenses.2

MARKETING $13173

Other Expenses.3

ANNUAL MEETING $2499

Other Expenses.5

MEETINGS $1957

Other Expenses.7

TELEPHONE $1155

Other Expenses.8

BOC $1014

Other Expenses.9

Payroll service admin fee $674

Other Expenses.10

BANK FEES $662

Other Expenses.11

BUSINESS MEALS $300

Other Expenses.12

TAXES $10

Total Liabilities.1

- Beginning $0 - Ending $0

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt28Director
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IRS990EZ/PrimaryExemptPurposeTxt0VENTURA COUNTY ECONOMIC DEVELOPMENT ASSOCIATION (VCEDA) IS A NON-PROFIT, REGIONAL BUSINESS ASSOCIATION WHOSE MISSION IS TO MAINTAIN AND ENHANCE, THROUGH EDUCATION AND AWARENESS, A STRONG ECONOMY IN VENTURA COUNTY. PRIMARY FOCUS IS ON ADVOCACY FOR LEGISLATION AND GOVERNMENT PROGRAMS THAT ENHANCE THE OVERALL BUSINESS CLIMATE. THIS IS ACCOMPLISHED THROUGH BY SPONSORING PROGRAMS ON BUSINESS ISSUES, CONDUCTING SEMINARS, WORKSHOPS AND CONFERENCES FOCUS ON BUSINESS ISSUES IN AN ATTEMPT TO RETAIN BUSINESSES, ATTRACT NEW BUSINESSES TO THE REGION. OUR EVENTS, OUR COMMITTEES, AND PROJECTS WE FACILITATE ARE AN INTEGRAL PART OF THE ACTIVITIES FOR WHICH WE HAVE AN EXEMPT STATUS.
IRS990EZ/PrintingPublicationsPostageAmt03877
IRS990EZ/ProgramServiceRevenueAmt054650
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ADVOCACY - VCEDA PROVIDES MEMBER SUPPORT AND ADVOCACY REGARDING BUSINESS AND LEGISLATIVE ISSUES, AND EDUCATION AND AWARNESS OF HOW THOSE ISSUES IMPACT LOCAL BUSINESSES. WE ACCOMPLISH THIS BY: (1) SPONSORING FORUMS FOR DEBATE AND DISCUSSION; (2) MONTHLY BOARD AND COMMITTEE MEETINGS; (3)REGULAR ARTICLES IN NEWSLETTERS AND A WEBSITE; AND,(4) CREATING POSITION STATEMENTS THAT ARE FORWARDED TO ELECTED OFFICIALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EVENTS - VCEDA HELD MANY NETWORKING AND EDUCATIONAL EVENTS. IN2015 OUR 45TH ANNUAL BUSINESS OUTLOOK CONFERENCE WAS ENTITLED "THEROAD TO SUCCESS; TRENDS, CHALLENGES, AND OPPORTUNITIES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018785
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115618
IRS990EZ/TotalRevenueAmt0129757
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.VCEDA.ORG
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1410
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $25975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $146
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $734
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT SERVICES $40508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MARKETING $13173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANNUAL MEETING $2499
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEETINGS $1957
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE $1155
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BOC $1014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PAYROLL SERVICE ADMIN FEE $674
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BANK FEES $662
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BUSINESS MEALS $300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13TAXES $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDY SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VENTURA COUNTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0VENT
ReturnHeader/Filer/EIN0951905685
ReturnHeader/Filer/PhoneNum08056761332
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2744
ReturnHeader/Filer/USAddress/CityNm0CAMARILLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093011
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rene S Randel MBA CPA CFP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01601 Carmen Drive Suite 213
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Camarillo
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093010
ReturnHeader/PreparerPersonGrp/PhoneNum08053893330
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RENE S RANDEL MBA CPA CFP
ReturnHeader/ReturnTs02016-05-09T14:13:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.18$0.58$0.40
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.00$0.15$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.00$0.31$0.31
2021Detailed filing. Detailed filing data is available for this year.$1.78$1.78$0.68$0.31$0.37
2020Detailed filing. Detailed filing data is available for this year.$1.41$1.41$1.01$0.71$0.30
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.11$1.19$1.18$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.10$1.18$1.37$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.29$1.29$1.23$0.75$0.48
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.81$1.22$0.64$0.58
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.23$1.30$1.16$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.10$0.09$1.64$1.60$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.08$0.05$2.39$2.32$0.08
2012Summary only. Only limited summary data is available for this year.$0.51$0.10$0.41$2.57$2.79$0.22
2011Summary only. Only limited summary data is available for this year.$0.69$0.05$0.63$2.82$2.83$0.01