Civic Intelligence

San Bernardino Economic Development Corporation

990EZ • Fiscal year 2016 • EIN 95-2861902

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

201 North E Street Third FloorSan Bernardino, CA 92401

(909) 663-2279

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2016

Assets

Down

$1

Down $255,651 (-100%) from 2014

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $273,461 (-100%) from 2014

Revenue

Flat

$0

Flat from 2014

Expenses

Flat

$0

Flat from 2014

Net Income

Flat

$0

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $0Liabilities 2010: $02010Assets 2011: $0Liabilities 2011: $02011Assets 2012: $436,287Liabilities 2012: $454,0962012Assets 2014: $255,652Liabilities 2014: $273,4612014Assets 2016: $1Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$1
Liabilities$0
Net Assets$0

Operations Trend

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

$40K$20K$0-$20KRevenue 2010: $0Expenses 2010: $0Net Income 2010: $02010Revenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $6,862Expenses 2012: $24,671Net Income 2012: -$17,8092012Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2016

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

Aiding of those communities within and adjacent to the city of san bernardino which have become or may become economically and socially disadvantaged by attracting new industry to such communities and the city of san bernardino and by encouraging the development and retention of existing industries within such communities and the city of san bernardino

Program Services

DescriptionGrantsExpenses
ASSISTING IN THE IMPLEMENTATION OF VARIOUS REDEVELOPMENT INITIATIVES WITHIN THE CITY OF SAN BERNARDINO AND TO UNDERTAKE SUCH OTHER ACTIVITIES, PROGRAMS AND PROJECTS OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRED SHORETTPresident-$0--
JAMES L MULVIHILLSecretary-Treasurer-$0--
BENITO J BARRIOSVice President-$0--
Filing and Contact Details

Filer

Filer Name
San Bernardino Economic Development
EIN
95-2861902
Phone
9096632279
Address
201 NORTH E STREET THIRD FLOOR, SAN BERNARDINO, CA 92401

Signing Officer

Name
Barbara Lindset
Title
President
Phone
9093845122
Signed
2017-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Rogers Anderson Malody & Scott Llp
Address
735 E CARNEGIE DRIVE SUITE 100, SAN BERNARDINO, CA 92408
Preparer
Terry Shea CPA
Phone
9098890871
Supplemental Narrative

Additional Explanations

Footnotes to Form 990-ez

In march 2011, assets having a book value of $90,457,979 were transferred from the former redevelopment agency of the city of san bernardino (former rda) to the organization. On february 1, 2012, the former rda was dissolved and responsibility for its affairs was assumed by the city of san bernardino, acting as successor agency to the former rda (successor agency), pursuant to california state law. In march 2013, the california state controller found that the march 2011 transfer was improper, and ordered that the assets be returned to the successor agency. Subsequently, the assets were returned to the successor agency.

Raw XML Appendix116 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARBARA LINDSETH
IRS990EZ/BooksInCareOfDetail/PhoneNum09096632279
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 NORTH E STREET THIRD FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN BERNARDINO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092401
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FRED SHORETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES L MULVIHILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BENITO J BARRIOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0AIDING OF THOSE COMMUNITIES WITHIN AND ADJACENT TO THE CITY OF SAN BERNARDINO WHICH HAVE BECOME OR MAY BECOME ECONOMICALLY AND SOCIALLY DISADVANTAGED BY ATTRACTING NEW INDUSTRY TO SUCH COMMUNITIES AND THE CITY OF SAN BERNARDINO AND BY ENCOURAGING THE DEVELOPMENT AND RETENTION OF EXISTING INDUSTRIES WITHIN SUCH COMMUNITIES AND THE CITY OF SAN BERNARDINO
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ASSISTING IN THE IMPLEMENTATION OF VARIOUS REDEVELOPMENT INITIATIVES WITHIN THE CITY OF SAN BERNARDINO AND TO UNDERTAKE SUCH OTHER ACTIVITIES, PROGRAMS AND PROJECTS OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06862
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt06862
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06862
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06862
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06862
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN MARCH 2011, ASSETS HAVING A BOOK VALUE OF $90,457,979 WERE TRANSFERRED FROM THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO (FORMER RDA) TO THE ORGANIZATION. ON FEBRUARY 1, 2012, THE FORMER RDA WAS DISSOLVED AND RESPONSIBILITY FOR ITS AFFAIRS WAS ASSUMED BY THE CITY OF SAN BERNARDINO, ACTING AS SUCCESSOR AGENCY TO THE FORMER RDA (SUCCESSOR AGENCY), PURSUANT TO CALIFORNIA STATE LAW. IN MARCH 2013, THE CALIFORNIA STATE CONTROLLER FOUND THAT THE MARCH 2011 TRANSFER WAS IMPROPER, AND ORDERED THAT THE ASSETS BE RETURNED TO THE SUCCESSOR AGENCY. SUBSEQUENTLY, THE ASSETS WERE RETURNED TO THE SUCCESSOR AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FOOTNOTES TO FORM 990-EZ
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBARA LINDSET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09093845122
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAN BERNARDINO ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SANB
ReturnHeader/Filer/EIN0952861902
ReturnHeader/Filer/PhoneNum09096632279
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 NORTH E STREET THIRD FLOOR
ReturnHeader/Filer/USAddress/CityNm0SAN BERNARDINO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092401
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952662063
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROGERS ANDERSON MALODY & SCOTT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0735 E CARNEGIE DRIVE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN BERNARDINO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092408
ReturnHeader/PreparerPersonGrp/PhoneNum09098890871
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRY SHEA CPA
ReturnHeader/ReturnTs02017-05-11T18:21:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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