Folsom Community Development Corporation

Fiscal year ending 2024. Filed on May 15, 2025.

200 Wool Street
Folsom, California 95630

Folsom Community Development Corporation (EIN: 68-0377492) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Folsom Community Development Corporation, a 501(c)(3) charitable organization, reported compensation for 1 out of 5 total employees. Among the employees shown here, the average compensation is $260,979. The highest compensated employee at Folsom Community Development Corporation is Joseph Gagliardi with fiscal year 2024 compensation of $260,979.

Revenue, expenses, and employee compensation

Revenue

$381,364

Expenses

$531,707

Employee compensation

$121,928
Revenue, expenses, and employee compensation over time

Mission Statement

THE ORGANIZATION WILL ENCOURAGE SOUND AND BENEFICIAL ECONOMIC DEVELOPMENT IN THE CITY OF FOLSOM BY DEVELOPING AND MANAGING REAL PROPERTY. THE CORPORATION WILL LESSEN THE BURDENS OF GOVERNMENT BY ASSISTING IN DEVELOPING PUBLIC PROPERTIES. THE CORPORATION WILL PROMOTE SOCIAL WELFARE AND COMBAT COMMUNITY DETERIORATION BY DEVELOPING AND MANAGING DISADVANTAGED REAL PROPERTY IN FOLSOM.

Revisions to this organization profile

May 15, 2025:
2024 Folsom Community Development Corporation 990 filed
May 15, 2024:
2023 Folsom Community Development Corporation 990 filed
October 17, 2023:
2022 Folsom Community Development Corporation 990 filed

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