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Valley Economic Development Center Inc

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Management Services for Small Business, Entrepreneurs (NTEE)

Summary charts: organization finances over time

Revenue
$0 (2020)

Expenses
$0 (2020)

Total Assets
$0 (2020)

Total Liabilities
$0 (2020)

Years with multiple filings
Source: Form 990 tax filings from 2012 to 2020

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,840,242
Expenses
$447,460
Net Income
$13,392,782
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,000
0.2%
Program Services $38,944
0.3%
Investment Income $22
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,703
0.0%
Net Fundraising $0
Sales of Assets $494,020
3.6%
Net Inventory Sales $0
Other Revenue $13,275,553
95.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $135,030
30.2%
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Edward Arnold (Compliance Director) $0 $0 $0
Robert J Dennen (Financial Consultant) $0 $0 $0
Pegi Matsuda (Board Member) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Anita Wolman (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,413,075
Expenses
$5,310,363
Net Income
-$2,897,288
Net Assets
$1,260,399
Notable Sources of Revenue Percent of Total Revenue
Contributions $772,790
32.0%
Program Services $461,313
19.1%
Investment Income $6,150
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $48,216
2.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,124,606
46.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $193,393
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $773,351
14.6%
Assets/Debt
Total Assets $31,203,996
Total Liabilities $29,943,597
Net Assets $1,260,399
Compensation
Key Employees and Officers Compensation Related Other
Robert J Dennen (Chief Financial Officer) $193,393 $0 $8,195
Edward Arnold (Compliance Director) $121,684 $0 $0
Nishen Radia (Board Member) $0 $0 $0
Dutch Ross (Board Member) $0 $0 $0
Scott Aney (Chairman) $0 $0 $0
Ariel Berrios (Board Member) $0 $0 $0
Pegi Matsuda (Board Member) $0 $0 $0
Ron Meraz (Board Member) $0 $0 $0
Manuel Rosales (Board Member) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Shala Tavakoli (Board Member) $0 $0 $0
Anita Wolman (Board Member) $0 $0 $0
Ray Vasquez (Board Member) $0 $0 $0
John Marquis (Board Member Emeritus) $0 $0 $0
Walt Mosher (Board Member Emeritus) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,595,194
Expenses
$13,061,289
Net Income
-$8,466,095
Net Assets
$4,157,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,949,431
64.2%
Program Services $1,510,795
32.9%
Investment Income $34,384
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $30,687
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $69,897
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $310,533
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,147,475
16.4%
Assets/Debt
Total Assets $41,149,591
Total Liabilities $36,991,904
Net Assets $4,157,687
Compensation
Key Employees and Officers Compensation Related Other
Ray Vadalma (Chief Executive Officer) $163,575 $0 $15,768
Alex Guerrero (Chief Development Officer) $159,817 $0 $32,977
Robert J Dennen (Chief Financial Officer) $150,716 $0 $27,201
Elizabeth Wong (Assit Chief Financial Offi) $122,684 $0 $31,006
Monica Guerrero (Program Director) $112,548 $0 $25,876
Edward Arnold (Compliance Director) $104,320 $0 $16,839
Nishen Radia (Board Member) $0 $0 $0
Tamara Gurney (Board Member) $0 $0 $0
Scott Aney (Chairman) $0 $0 $0
Ariel Berrios (Vice Chair) $0 $0 $0
Pegi Matsuda (Board Member) $0 $0 $0
Ron Meraz (Board Member) $0 $0 $0
Byron Reed (Treasurer) $0 $0 $0
Manuel Rosales (Board Member) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Shala Tavakoli (Secretary) $0 $0 $0
Anita Wolman (Board Member) $0 $0 $0
Ray Vasquez (Board Member) $0 $0 $0
John Marquis (Board Member Emeritus) $0 $0 $0
Walt Mosher (Board Member Emeritus) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,809,589
Expenses
$11,741,822
Net Income
-$2,932,233
Net Assets
$14,716,125
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,553,261
51.7%
Program Services $3,526,347
40.0%
Investment Income $69,705
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $31,342
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $628,934
7.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $358,427
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,314,598
28.2%
Assets/Debt
Total Assets $58,174,995
Total Liabilities $43,458,870
Net Assets $14,716,125
Compensation
Key Employees and Officers Compensation Related Other
Robert J Dennen (Chief Financial Officer) $182,273 $0 $26,993
Alex Guerrero (Chief Development Officer) $172,407 $0 $24,447
Robert Lopez (Chief Operating Officer) $158,279 $0 $10,284
Monica Guerrero (Program Director) $116,653 $0 $16,360
Elizabeth Wong (Assit Chief Financial Officer) $108,921 $0 $12,333
Ray Vadalma (Chief Executive Officer) $106,310 $0 $8,238
Nishen Radia (Immediate Past Chair) $0 $0 $0
Scott Aney (Chairman Of The Board) $0 $0 $0
Anita Wolman (Board Member) $0 $0 $0
Ariel Berrios (Vice Chair) $0 $0 $0
Pegi Matsuda (Board Member) $0 $0 $0
Ron Meraz (Board Member) $0 $0 $0
Byron Reed (Treasurer) $0 $0 $0
Manuel Rosales (Board Member) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Shala Tavakoli (Secretary) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Ray Vasquez (Board Member) $0 $0 $0
John Marquis (Board Member) $0 $0 $0
Walt Mosher (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,557,868
Expenses
$15,459,392
Net Income
-$6,901,524
Net Assets
$18,508,580
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,845,005
33.2%
Program Services $5,695,405
66.6%
Investment Income $24,679
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $38,050
0.4%
Net Fundraising $0
Sales of Assets -$196,012
Net Inventory Sales $0
Other Revenue $150,741
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $251,473
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $5,198,267
33.6%
Assets/Debt
Total Assets $74,109,440
Total Liabilities $55,600,860
Net Assets $18,508,580
Compensation
Key Employees and Officers Compensation Related Other
Roberto Barragan (Chief Executive Officer) $402,466 $0 $845
Robert J Dennen (Chief Financial Officer) $250,937 $0 $4,152
Robert Lopez (Chief Operating Officer) $206,880 $0 $21,364
Alex Guerrero (Chief Development Officer) $206,050 $0 $3,126
Angela V Stanislawski (Vice President Admin) $188,922 $0 $360
Lynn Fernandez (Vice President Lending) $179,352 $0 $322
Antino Pizano (Lending Officer) $117,821 $0 $0
Nishen Radia (Board Member/Vice Chair) $0 $0 $0
Scott Aney (Board Member) $0 $0 $0
Anne Williams (Board Member) $0 $0 $0
Ariel Berrios (Board Member) $0 $0 $0
Pegi Matsuda (Board Member/Vice Chair) $0 $0 $0
Ron Meraz (Board Member) $0 $0 $0
Byron Reed (Board Member) $0 $0 $0
Manuel Rosales (Board Member) $0 $0 $0
Dutch Ross (Board Member) $0 $0 $0
Shala Tavakoli (Board Member) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Ray Vasquez (Board Member) $0 $0 $0
John Marquis (Board Member) $0 $0 $0
Mayumi Young (Board Member) $0 $0 $0
Clarence Williams (Board Member) $0 $0 $0
Jose Villalobos (Board Member) $0 $0 $0
Byron Reed (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,860,474
Expenses
$12,657,643
Net Income
$202,831
Net Assets
$25,410,109
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,065,603
62.7%
Program Services $4,707,906
36.6%
Investment Income $65,159
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,982
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,824
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $693,751
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,156,051
32.8%
Assets/Debt
Total Assets $70,136,982
Total Liabilities $44,726,873
Net Assets $25,410,109
Compensation
Key Employees and Officers Compensation Related Other
Roberto Barragan (Ceo) $265,687 $0 $0
Alex Guerrero (Coo) $200,997 $0 $0
Robert Dennen (Cfo) $184,415 $0 $0
Lynn Fernandez (Vp Lending) $156,917 $0 $0
Angela V Stanislawski (Vp Admin) $139,079 $0 $0
Hosheus Isaac (Vp Lending) $133,724 $0 $0
Nilima Kapoor (Dir Of Coll) $112,122 $0 $0
Ivette Ibarra (Dir Of Admin) $108,095 $0 $0
Nishen Radia (Board Member Vice Chair) $0 $0 $0
Pegi Matsuda (Board Member V Ice Chair) $0 $0 $0
John Marquis (Board Member Emeritus) $0 $0 $0
Ariel Berrios (Board Member) $0 $0 $0
Mayumi Young (Board Member) $0 $0 $0
Dutch Ross (Board Member) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Ray Vasquez (Board Member) $0 $0 $0
Clarence Williams (Board Member) $0 $0 $0
Scott Aney (Board Member) $0 $0 $0
Shala Tavakoli (Board Member) $0 $0 $0
Manuel A Rosales (Board Member) $0 $0 $0
Anne Williams (Board Member) $0 $0 $0
Walter Mosher (Board Member Emeritus) $0 $0 $0
Frances Pennington (Board Member) $0 $0 $0
Bryon K Reed (Board Member) $0 $0 $0
Mel Kohn (Board Member Em Eritus) $0 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,234,832
Expenses
$10,007,689
Net Income
$2,227,143
Net Assets
$25,683,118
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,813,394
72.0%
Program Services $3,311,646
27.1%
Investment Income $75,525
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $31,365
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,902
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $742,518
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,080,391
30.8%
Assets/Debt
Total Assets $68,931,410
Total Liabilities $43,248,292
Net Assets $25,683,118
Compensation
Key Employees and Officers Compensation Related Other
Roberto Barragan (Ceo) $315,596 $0 $34,309
Lynn Fernandez (Vp Lending) $166,349 $0 $23,402
Angela V Stanislawski (Vp Micro) $156,980 $0 $21,362
Warren Cooley (Vp Of Marketing) $135,970 $0 $13,305
Alex Guerrero (Coo) $127,966 $0 $15,245
Antonio Pizano (Dir. Of Bus. Dev.) $117,320 $0 $13,554
Eugene Pasechnik (Sba Manager) $107,969 $0 $16,146
Jessie Lee (Dir. Of Small Bus. East) $105,381 $0 $13,699
Robert Dennen (Cfo) $24,519 $0 $0
Nishen Radia (Board Member Vice Chair) $0 $0 $0
Pegi Matsuda (Board Member Chair) $0 $0 $0
John Marquis (Board Member Emeritus) $0 $0 $0
Ariel Berrios (Board Member) $0 $0 $0
Mayumi Young (Board Member) $0 $0 $0
Mel Kohn (Board Member Emeritus) $0 $0 $0
Dutch Ross (Board Member) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Ray Vasquez (Board Member) $0 $0 $0
Clarence Williams (Board Member) $0 $0 $0
Scott Aney (Board Member/Treasurer) $0 $0 $0
Shala Tavakoli (Board Member) $0 $0 $0
Manuel A Rosales (Board Member) $0 $0 $0
Ann Williams (Board Member) $0 $0 $0
Walter Mosher (Board Member Emeritus) $0 $0 $0
Frances Pennington (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,598,232
Expenses
$8,027,321
Net Income
$5,570,911
Net Assets
$23,390,975
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,161,482
74.7%
Program Services $3,336,045
24.5%
Investment Income $78,597
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $20,400
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,708
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $510,788
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,521,219
31.4%
Assets/Debt
Total Assets $53,502,022
Total Liabilities $30,111,047
Net Assets $23,390,975
Compensation
Key Employees and Officers Compensation Related Other
Roberto Barragan (Ceo) $299,912 $0 $38,152
Warren Cooley (Vp Of Marketing) $153,845 $0 $18,879
Roberta Turitz (Controller) $134,852 $0 $35,628
Lynn Fernandez (Vp Lending) $133,967 $0 $23,060
Angela V Stanislawski (Vp Operations) $116,180 $0 $18,363
Eugene Pasechnik (Sba Manager) $107,910 $0 $16,076
Antonio Pizano (Director Of Business Dev. Fdc) $102,028 $0 $13,571
Don St Clair (Past Chair) $0 $0 $0
Pegi Matsuda (Board Chair) $0 $0 $0
Mel Kohn (Board Member) $0 $0 $0
Scott Aney (Secretary) $0 $0 $0
Nishen Radia (Vice Chair) $0 $0 $0
Annie Williams (Board Member) $0 $0 $0
Byron K Reed (Board Member) $0 $0 $0
John Marquis (Treasurer) $0 $0 $0
Leandro Tyberg (Board Member) $0 $0 $0
Marvin Shelter (Board Member) $0 $0 $0
Sue Baaden (Board Member) $0 $0 $0
Walt Mosher (Board Member) $0 $0 $0
Ernie Gutierrez (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,854,473
Expenses
$6,749,252
Net Income
$5,105,221
Net Assets
$17,760,064
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,270,044
78.2%
Program Services $2,507,840
21.2%
Investment Income $37,919
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $38,670
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $769,929
11.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,769,548
26.2%
Assets/Debt
Total Assets $42,468,407
Total Liabilities $24,708,343
Net Assets $17,760,064

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,795,960
Expenses
$5,553,390
Net Income
$242,570
Net Assets
$12,654,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,532,455
78.2%
Program Services $1,412,185
24.4%
Investment Income -$202,335
Bond Proceeds $0
Royalties $0
Rental Property Income $53,655
0.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $396,662
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,708,723
30.8%
Assets/Debt
Total Assets $27,424,285
Total Liabilities $14,769,442
Net Assets $12,654,843

Document Links

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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