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Organizations Community Improvement & Capacity Building Valley Economic Development Center Inc.

Valley Economic Development Center Inc.

Fiscal year ending 2017. Filed on February 13, 2018.

5121 Van Nuys Blvd 3rd Floor
Van Nuys, California 91403

Valley Economic Development Center Inc. (EIN: 95-3139419) has filed an IRS Form 990 from fiscal year 2017–2020. In its fiscal year 2017 IRS Form 990 filing, Valley Economic Development Center Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 103 total employees. Among the employees shown here, the average compensation is $226,085. The highest compensated employee at Valley Economic Development Center Inc. is Roberto Barragan with fiscal year 2017 compensation of $403,311.

Revenue, expenses, and employee compensation

Revenue

$8,557,868

Expenses

$15,459,392

Employee compensation

$6,786,083
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Roberto Barragan
Chief Executive Officer
$403,311
$402,466 No related comp$845
Robert J Dennen
Chief Financial Officer
$255,089
$250,937 No related comp$4,152
Robert Lopez
Chief Operating Officer
$228,244
$206,880 No related comp$21,364
Alex Guerrero
Chief Development Officer
$209,176
$206,050 No related comp$3,126
Angela V Stanislawski
Vice President, Administration
$189,282
$188,922 No related comp$360
Lynn Fernandez
Vice President, Lending
$179,674
$179,352 No related comp$322
Antino Pizano
Lending Officer
$117,821
$117,821 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Anne Williams
Board Member
Ariel Berrios
Board Member
Byron Reed
Board Member
Clarence Williams
Board Member
Dutch Ross
Board Member
John Marquis
Board Member
Jose Villalobos
Board Member
Leandro Tyberg
Board Member
Manuel Rosales
Board Member
Mayumi Young
Board Member
Nishen Radia
Vice Chair and Board Member
Pegi Matsuda
Vice Chair and Board Member

Mission Statement

TO PROVIDE FINANCING ASSISTANCE, MANAGEMENT CONSULTING, AND TRAINING TO ENTREPRENEURS AND SMALL BUSINESS OWNERS IN AND AROUND LOS ANGELES COUNTY AND THROUGHOUT CALIFORNIA. ON JULY 2, 2019 VALLEY ECONOMIC DEVELOPMENT CENTER FILED FOR BANKRUPTCY. THE FILING FOR BANKRUPTCY IMPACTED ALL OF VEDC'S PROGRAMS.

Revisions to this organization profile

May 14, 2021:
2020 Valley Economic Development Center Inc. 990 filed
February 14, 2020:
2019 Valley Economic Development Center Inc. 990 filed
February 13, 2019:
2018 Valley Economic Development Center Inc. 990 filed

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