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EIN 94-2674882

Aedc Small Business Lending Center

IRS 501(c) type
501(c)(3)
Num. employees
14
City
Eureka
State
California
Year formed
1978
Most recent tax filings
2024-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Aedc provides business lending, technical assistance, community economic development and microloan business assistance & training to promote economic development in northern California.
Also known as...
Arcata Economic Development Corporation
Total revenues
$5,324,974
2024
Total expenses
$4,520,789
2024
Total assets
$14,465,626
2024
Num. employees
14
2024

Program areas at Aedc Small Business Lending Center

Aedc provides loans for Small businesses located throughout northern California. Aedc made 29 new loans during the fiscal year. At year end, Aedc had 71 Small Business loans in its portfolio. Additionally, Aedc administered Small Business loans for local governmental agencies and provided technical assistance and training to Small businesses throughout northern California.
Aedc manages several programs to promote Economic Development in northern California. Aedc organizes an Economic Development summit to support entrepreneurs and Small businesses. Emerging leaders are brought together for establishing collaborative strategies. Aedc provides opportunities for local native tribes to collaborate in applying for grants.

Grants made by Aedc Small Business Lending Center

GranteeGrant descriptionAmount
North Coast Opportunities (NCO)Economic Resilience$1,269,243
Cal Poly Humboldt Sponsored Programs FoundationEconomic Resilience$721,604
True North Organizing NetworkEconomic Resilience$216,242

Who funds Aedc Small Business Lending Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Opportunity Finance Network (OFN)Ofn Cdfi Tech Grant Program Supported By Google.org$75,000

Personnel at Aedc Small Business Lending Center

NameTitleCompensation
Ross WelchExecutive Director$97,408
Tracy TaylorFinance Director
Brandi EasterOffice Manager
Janet de PaceSecretary$0
Scott BartlettPast President$0

Financials for Aedc Small Business Lending Center

RevenuesFYE 06/2024
Total grants, contributions, etc.$4,341,453
Program services$879,688
Investment income and dividends$103,833
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,324,974

Form 990s for Aedc Small Business Lending Center

Fiscal year endingDate received by IRSFormPDF link
2024-062024-09-26990View PDF
2023-062023-10-02990View PDF
2022-062022-10-31990View PDF
2021-062021-10-04990View PDF
2020-062021-03-01990View PDF
...and 10 more Form 990s
Data update history
October 14, 2024
Updated personnel
Identified 3 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $75,000 from Opportunity Finance Network (OFN)
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 26, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
707 K St
Eureka, CA 95501
County
Humboldt County, CA
Website URL
aedc1.org/ 
Phone
(707) 798-6132
IRS details
EIN
94-2674882
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
034504
FTB Entity ID
0894895
AB 488 data last updated ("as-of") date
2024-11-06
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