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Folsom Economic Development Corporation
Community Development · Folsom, California
200 Wool St, Folsom, CA 95630-2549
EIN: 680377492· Founded: Nov 1996· 30 years active· Filing Year: 2023
Annual Revenue
$352K
Total Expenses
$317K
Total Assets
$754K
Program Spending
16%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$109K
34.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$109K
35% of total expenses
Where the Money Goes
16%
Programs: 16%
Payroll: 35%
Other overhead: 85%
Program Revenue$49K (14%)
Total Expenses$317K (90%)
Payroll$109K (35%)
Overhead (non-program)85%
Trust Score Breakdown
Program Spending Ratio
16% of expenses go to programs
Revenue & Stability
$352K annual revenue
Executive Compensation
$109K total officer comp (34.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$754K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.