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Bay Area Employment Development Company

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$5.13M (2023)

Expenses
$4.44M (2023)

Total Assets
$2.36M (2023)

Total Liabilities
$356k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings 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.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,131,867
Expenses
$4,439,699
Net Income
$692,168
Net Assets
$2,003,211
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,103,848
99.5%
Investment Income $789
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,230
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $159,708
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,405,789
54.2%
Assets/Debt
Total Assets $2,359,655
Total Liabilities $356,444
Net Assets $2,003,211
Compensation
Key Employees and Officers Compensation Related Other
Richard Grant (Ceo) $389,276 $0 $11,250
Joseph Lampe (Senior Vp) $320,738 $0 $30,000
Fletcher Chang (Loan Analyst) $189,225 $0 $9,754
Mark Schwan (Senior Vp) $166,785 $0 $18,750
Robert Thompson (Vice President) $165,102 $0 $29,486
James Baird (Director) $150,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Torran Nixon (Director) $4,000 $0 $0
Michael Johnson (President) $4,000 $0 $0
Scott Hauge (Director) $4,000 $0 $0
Bonnie Lipscomb (Treasurer) $4,000 $0 $0
Olivia Rebanal (Director) $4,000 $0 $0
Francine Boards (Director) $0 $0 $0
Scott Rodde (Former Director Current Counsel) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,006,883
Expenses
$4,660,301
Net Income
$346,582
Net Assets
$1,311,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,699,866
93.9%
Investment Income $302,528
6.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,489
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $645,720
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,989,763
42.7%
Assets/Debt
Total Assets $1,691,619
Total Liabilities $380,576
Net Assets $1,311,043
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Ceo) $590,610 $0 $24,500
Scott Rodde (Former Director Current Counsel) $385,425 $0 $0
Joseph Lampe (Senior Vp) $362,020 $0 $61,002
Richard Grant (Senior Vp) $336,067 $0 $45,367
Fletcher Chang (Sr. Loan Analyst) $183,000 $0 $35,675
Kimberly Shinjo (Loan Analyst) $163,000 $0 $23,391
Robert Thompson (Vice President) $162,358 $0 $41,421
William Locklin (Director) $4,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Greg Young (President) $4,000 $0 $0
Torran Nixon (Director) $4,000 $0 $0
Michael Johnson (Treasurer) $4,000 $0 $0
Scott Hauge (Director) $4,000 $0 $0
Bonnie Robinson (Director) $4,000 $0 $0
Olivia Rebanal (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,389,327
Expenses
$4,470,467
Net Income
-$81,140
Net Assets
$964,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,236,861
96.5%
Investment Income $105,578
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $46,888
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $896,839
20.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,561,795
34.9%
Assets/Debt
Total Assets $2,283,354
Total Liabilities $1,318,893
Net Assets $964,461
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Ceo) $841,169 $0 $35,726
Joseph Lampe (Senior Vp) $441,621 $0 $74,747
Scott Rodde (Former Director Current Counsel) $383,875 $0 $0
Richard Grant (Senior Vp) $275,015 $0 $55,380
Fletcher Chang (Sr. Loan Analyst) $178,000 $0 $39,560
Kimberly Shinjo (Loan Analyst) $158,000 $0 $28,555
Robert Thompson (Vice President) $151,994 $0 $46,792
William Locklin (President) $4,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Greg Young (Treasurer) $4,000 $0 $0
Torran Nixon (Director) $4,000 $0 $0
Michael Johnson (Director) $4,000 $0 $0
Scott Hauge (Director) $4,000 $0 $0
Bonnie Robinson (Director) $4,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,957,115
Expenses
$3,951,457
Net Income
$5,658
Net Assets
$1,047,036
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,688,587
93.2%
Investment Income $252,248
6.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,280
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $656,984
16.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,534,731
38.8%
Assets/Debt
Total Assets $2,078,409
Total Liabilities $1,031,373
Net Assets $1,047,036
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Director) $592,242 $0 $35,268
Joseph Lampe (Senior Vp) $334,295 $0 $64,556
Richard Grant (Senior Vp) $232,720 $0 $50,398
Fletcher Chang (Sr. Loan Analyst) $165,500 $0 $42,210
Kimberly Shinjo (Loan Analyst) $144,000 $0 $25,513
Robert Thompson (Vice President) $137,875 $0 $40,295
William Locklin (President) $4,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Greg Young (Treasurer) $4,000 $0 $0
Torran Nixon (Director) $4,000 $0 $0
Michael Johnson (Director) $4,000 $0 $0
Scott Hauge (Director) $4,000 $0 $0
Aben Hill (Director) $4,000 $0 $0
Bonnie Lipscomb (Director) $4,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,149,765
Expenses
$4,102,581
Net Income
$47,184
Net Assets
$1,716,410
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,611,918
87.0%
Investment Income $515,594
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,253
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $639,964
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,657,127
40.4%
Assets/Debt
Total Assets $2,542,649
Total Liabilities $826,239
Net Assets $1,716,410
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Executive Director) $378,610 $0 $37,629
Joseph Lampe (Senior Vp) $371,782 $0 $59,627
Richard Grant (Senior Vice President & Ma) $229,047 $0 $67,683
Fletcher Chang (Senior Loan Analyst) $163,400 $0 $43,567
Robert Thompson (Vice President) $144,591 $0 $31,241
Kimberly Shinjo (Loan Analyst) $140,500 $0 $22,558
Aben Hill (Director) $4,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Greg Young (Secretary) $4,000 $0 $0
Torran B Nixon (Director) $4,000 $0 $0
William Locklin (President) $4,000 $0 $0
Michael Johnson (Director) $4,000 $0 $0
Scott Hauge (Director) $4,000 $0 $0
Bonnie Lipscomb (Director) $4,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,075,144
Expenses
$3,692,100
Net Income
$383,044
Net Assets
$1,663,857
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,716,357
91.2%
Investment Income $352,574
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,213
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $400,233
10.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,662,326
45.0%
Assets/Debt
Total Assets $2,214,523
Total Liabilities $550,666
Net Assets $1,663,857
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Executive Director) $401,909 $0 $56,034
Joseph Lampe (Senior Vp) $383,819 $0 $34,637
Fletcher Chang (Senior Loan Analyst) $155,000 $0 $39,978
Kimberly Shinjo (Loan Analyst) $132,000 $0 $20,049
Robert Thompson (Vice President) $130,371 $0 $28,063
Richard Grant (Senior Vice President & Market Manager) $129,574 $0 $27,405
Aben Hill (Director) $4,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Greg Young (Secretary) $4,000 $0 $0
Torran B Nixon (Director) $4,000 $0 $0
William Locklin (President) $4,000 $0 $0
Michael Johnson (Director) $4,000 $0 $0
Scott Hauge (Director) $0 $0 $0
Bonnie Lipscomb (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,999,231
Expenses
$3,735,847
Net Income
$263,384
Net Assets
$1,284,715
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,724,076
93.1%
Investment Income $271,393
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,762
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $461,342
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,681,894
45.0%
Assets/Debt
Total Assets $1,852,771
Total Liabilities $568,056
Net Assets $1,284,715
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Executive Director) $360,000 $0 $52,657
Joseph Lampe (Senior Vp) $301,064 $0 $35,781
Robert Thompson (Vice President) $161,260 $0 $20,658
Fletcher Chang (Senior Loan Analyst) $151,500 $0 $29,024
Kimberly Shinjo (Loan Analyst) $129,833 $0 $13,192
Rodney Kojima (Senior Vp) $120,305 $0 $21,134
Aben Hill (Director) $4,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Marshall Rieger (Secretary) $4,000 $0 $0
Torran B Nixon (Director) $4,000 $0 $0
William Locklin (President) $4,000 $0 $0
Michael Johnson (Director) $4,000 $0 $0
Scott Hauge (Director) $4,000 $0 $0
Greg Young (Director) $4,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,912,667
Expenses
$3,850,747
Net Income
$61,920
Net Assets
$1,423,119
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,770,694
96.4%
Investment Income $141,973
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $463,582
12.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,810,065
47.0%
Assets/Debt
Total Assets $1,684,026
Total Liabilities $260,907
Net Assets $1,423,119
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Executive Director) $408,062 $0 $46,237
Joseph Lampe (Senior Vp) $300,808 $0 $37,181
Rodney Kojima (Senior Vp) $241,383 $0 $32,340
Fletcher Chang (Senior Loan Analyst) $152,000 $0 $29,637
Robert Thompson (Vice President) $144,421 $0 $18,037
Jason Tydeman (Senior Loan Analyst) $124,308 $0 $8,117
Sebastiano Scarampi (Director) $4,000 $0 $0
Walter Menzel (Vice President) $4,000 $0 $0
Marshall Rieger (Secretary) $4,000 $0 $0
Donald J Marvin (Director) $4,000 $0 $0
Torran B Nixon (Director) $4,000 $0 $0
William Locklin (President) $4,000 $0 $0
Michael Johnson (Director) $4,000 $0 $0
Greg Young (Senior Vp) $4,000 $0 $0
Scott Hauge (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,663,710
Expenses
$4,351,222
Net Income
$312,488
Net Assets
$1,361,199
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,508,667
96.7%
Investment Income $155,043
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $477,203
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,005,762
46.1%
Assets/Debt
Total Assets $1,721,635
Total Liabilities $360,436
Net Assets $1,361,199
Compensation
Key Employees and Officers Compensation Related Other
James Baird (Executive Director) $433,125 $0 $50,351
Joseph Lampe (Senior Vp) $294,692 $0 $34,402
Rodney Kojima (Senior Vp) $243,729 $0 $30,537
Robert Thompson (Vice President) $155,618 $0 $17,516
Fletcher Chang (Senior Loan Analyst) $153,132 $0 $33,452
Jason Tydeman (Senior Loan Analyst) $125,218 $0 $8,707
Sebastiano Scarampi (Director) $3,000 $0 $0
Walter Menzel (Vice President) $3,000 $0 $0
Marshall Rieger (Secretary) $3,000 $0 $0
Donald J Marvin (Director) $3,000 $0 $0
Torran B Nixon (Director) $3,000 $0 $0
William Locklin (President) $3,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$4,265,225
Expenses
$4,417,879
Net Income
-$152,654
Net Assets
$1,048,711
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,092,255
95.9%
Investment Income $156,028
3.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,942
0.4%
Assets/Debt
Total Assets $1,368,902
Total Liabilities $320,191
Net Assets $1,048,711
Compensation
Key Employees and Officers Compensation Other
James Baird (Executive Director) $457,473 $64,145
Joseph Lampe (Senior Vp) $341,669 $38,584
Robert Thompson (Vice President) $160,255 $23,451
Fletcher Chang (Senior Loan Analyst) $155,500 $39,804
Cal Cain (Vice President) $122,536 $6,317
Kimberly Shinjo (Loan Analyst) $116,500 $16,017
Sebastiano Scarampi (President) $3,000 $0
Walter Menzel (Vice President) $3,000 $0
Marshall Rieger (Secretary) $3,000 $0
Donald J Marvin (Director) $3,000 $0
Torran B Nixon (Director) $3,000 $0
William Locklin (Director) $3,000 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,938,447
Expenses
$3,918,275
Net Income
$20,172
Net Assets
$1,201,365
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,797,198
96.4%
Investment Income $117,456
3.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,793
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $511,493
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,618,625
41.3%
Assets/Debt
Total Assets $1,490,267
Total Liabilities $288,902
Net Assets $1,201,365

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,058,889
Expenses
$3,701,521
Net Income
$357,368
Net Assets
$1,181,193
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,956,591
97.5%
Investment Income $82,083
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,215
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $491,505
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,510,804
40.8%
Assets/Debt
Total Assets $1,420,952
Total Liabilities $239,759
Net Assets $1,181,193

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,796,610
Expenses
$3,821,762
Net Income
-$25,152
Net Assets
$823,825
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,742,497
98.6%
Investment Income $51,513
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,600
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $513,181
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,496,899
39.2%
Assets/Debt
Total Assets $1,054,506
Total Liabilities $230,681
Net Assets $823,825

Document Links

Fiscal Year Ending Sept.
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 Sept.
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 Sept.
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 Sept.
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 Sept.
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 Sept.
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

About 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.

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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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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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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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