GREATER SACRAMENTO AREA ECONOMIC COUNCIL

EIN: 465517841 501(c)(3) Community Improvement

SACRAMENTO, CA

Total Revenue
$12,028,183
Total Expenses
$5,958,517
Total Assets
$18,331,647
Net Assets
$17,424,058
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
BARRY BROOME
Phone
9164412144
Tax Period
2024-07-01 to 2025-06-30

GREATER SACRAMENTO AREA ECONOMIC COUNCIL, founded in 2014, is a mid-sized nonprofit in the Community Improvement sector that reported $12.0M in total revenue in fiscal year 2024. Revenue surged 350% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.1M, a strong 50% operating margin.

Mission

A PUBLIC-PRIVATE PARTNERSHIP TO RETAIN, ATTRACT AND CREATE SUSTAINABLE BUSINESSES IN SIX COUNTIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,906,663
Program Service Revenue $160,118
Investment Income $244,506
Other Revenue $-283,104
TOTAL REVENUE $12,028,183

Expense Breakdown

Grants Paid $247,000
Salaries & Benefits $3,157,412
Fundraising Expenses $267,295
Program Expenses $4,836,024
Other Expenses $2,554,105
TOTAL EXPENSES $5,958,517

Year-over-Year Comparison

2024 2023 Change
Revenue $12,028,183 $2,670,040 +3.5%
Expenses $5,958,517 $5,135,239 +0.2%
Net Income $6,069,666 $-2,465,199 -3.5%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
95
Independent Members
95
Employees
23
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$959,487
Total Directors
95
$0
Key Employees
1
$258,962
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY MAY CHAIR 1.00
Officer Director
$0 $0 $0
MARK FRIEDMAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
KIMBERLY MENZEL TREASURER 1.00
Officer Director
$0 $0 $0
FAYE NABHANI SECRETARY 1.00
Officer Director
$0 $0 $0
AARON LAUREL DIRECTOR 1.00
Director
$0 $0 $0
ADONAI MACK DIRECTOR 1.00
Director
$0 $0 $0
ALEX WICKS DIRECTOR 1.00
Director
$0 $0 $0
ALVIN CHEUNG DIRECTOR 1.00
Director
$0 $0 $0
AZIZZA DAVIS GOINES DIRECTOR 1.00
Director
$0 $0 $0
BOBBIE SINGH-ALLEN DIRECTOR 1.00
Director
$0 $0 $0
BONNIE GORE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN KING DIRECTOR 1.00
Director
$0 $0 $0
BRIAN TERNAN DIRECTOR 1.00
Director
$0 $0 $0
BRIAN VEERKAMP DIRECTOR 1.00
Director
$0 $0 $0
CAMERON LAW DIRECTOR 1.00
Director
$0 $0 $0
CATHY RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
CHRIS ERIAS DIRECTOR 1.00
Director
$0 $0 $0
CHRYSA DEMOS DIRECTOR 1.00
Director
$0 $0 $0
COLLEEN MCCAIN NELSON DIRECTOR 1.00
Director
$0 $0 $0
DALE CARLSEN DIRECTOR 1.00
Director
$0 $0 $0
DAN FLORES DIRECTOR 1.00
Director
$0 $0 $0
DANNY CARTWRIGHT DIRECTOR (THRU 06/6/25) 1.00
Director
$0 $0 $0
DARRELL STEINBERG DIRECTOR (THRU 06/6/25) 1.00
Director
$0 $0 $0
DAVE LUCCHETTI DIRECTOR 1.00
Director
$0 $0 $0
DAVE SHAW DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
DAVID RING DIRECTOR 1.00
Director
$0 $0 $0
DAVID SANDER DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
DAVID VILLANUEVA DIRECTOR 1.00
Director
$0 $0 $0
DERRICK NIELLO DIRECTOR 1.00
Director
$0 $0 $0
DOMINIQUE BELZA DIRECTOR (THRU 06/6/25) 1.00
Director
$0 $0 $0
DON CLARK DIRECTOR 1.00
Director
$0 $0 $0
DONALD TERRY DIRECTOR 1.00
Director
$0 $0 $0
DONNA BLAND DIRECTOR 1.00
Director
$0 $0 $0
DORIS MATSUI DIRECTOR 1.00
Director
$0 $0 $0
DWAYNE CRENSHAW DIRECTOR 1.00
Director
$0 $0 $0
ERIC JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
ERIC STEVENS DIRECTOR 1.00
Director
$0 $0 $0
GARRY MAISEL DIRECTOR 1.00
Director
$0 $0 $0
GARY BRADFORD DIRECTOR 1.00
Director
$0 $0 $0
GEORGE GRINZEWITSCH DIRECTOR 1.00
Director
$0 $0 $0
GLORIA PARTIDA DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
GREG CONNOLLY DIRECTOR 1.00
Director
$0 $0 $0
GREG JANDA DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
HARRY C ELLIOTT III DIRECTOR 1.00
Director
$0 $0 $0
HOLLY ANDREATTA DIRECTOR 1.00
Director
$0 $0 $0
JAMES BECKWITH DIRECTOR 1.00
Director
$0 $0 $0
JAMES WOOD DIRECTOR 1.00
Director
$0 $0 $0
JEFF BUTLER DIRECTOR 1.00
Director
$0 $0 $0
JEFF DERN DIRECTOR 1.00
Director
$0 $0 $0
JEREMIAH Z SMITH DIRECTOR 1.00
Director
$0 $0 $0
JILL GAYALDO DIRECTOR 1.00
Director
$0 $0 $0
JOHN HIDAHL DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
JOHN JACKSON DIRECTOR 1.00
Director
$0 $0 $0
JOHN JACKSON JR DIRECTOR 1.00
Director
$0 $0 $0
JUDSON RIGGS DIRECTOR (THRU 06/6/25) 1.00
Director
$0 $0 $0
KEN MONROE DIRECTOR 1.00
Director
$0 $0 $0
KEVIN MCCARTY DIRECTOR 1.00
Director
$0 $0 $0
KEVIN NAGLE DIRECTOR 1.00
Director
$0 $0 $0
KRISTA BERNASCONI DIRECTOR 1.00
Director
$0 $0 $0
KYLE ZIMBELMAN DIRECTOR 1.00
Director
$0 $0 $0
KYRIAKOS TSAKOPOULOS DIRECTOR 1.00
Director
$0 $0 $0
LARRY ALLBAUGH DIRECTOR 1.00
Director
$0 $0 $0
LARRY KELLEY DIRECTOR 1.00
Director
$0 $0 $0
LINDA DEOS DIRECTOR 1.00
Director
$0 $0 $0
LUCAS FRERICHS DIRECTOR 1.00
Director
$0 $0 $0
LUKE WOOD DIRECTOR 1.00
Director
$0 $0 $0
MARK NORIEGA DIRECTOR 1.00
Director
$0 $0 $0
MARY TEICHERT DIRECTOR 1.00
Director
$0 $0 $0
MATINA KOLOKOTRONIS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL GUYETTE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KORPIEL DIRECTOR (THRU 9/12/24) 1.00
Director
$0 $0 $0
MICHAEL PASQUALE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL TEEL DIRECTOR 1.00
Director
$0 $0 $0
PAUL JOINER DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
PAUL LAU DIRECTOR 1.00
Director
$0 $0 $0
RACHAEL MCKINNEY DIRECTOR 1.00
Director
$0 $0 $0
RACHEL DOWNS DIRECTOR (THRU 09/12/24) 1.00
Director
$0 $0 $0
RACHEL RADELL-HARRIS DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
RACHEL ZILLNER DIRECTOR 1.00
Director
$0 $0 $0
REGINA CUELLER DIRECTOR 1.00
Director
$0 $0 $0
ROSARIO RODRIGUEZ DIRECTOR (THRU 03/13/25) 1.00
Director
$0 $0 $0
SABYA DAS DIRECTOR 1.00
Director
$0 $0 $0
SADIE ST LAWRENCE DIRECTOR 1.00
Director
$0 $0 $0
SANDY AMARA DIRECTOR 1.00
Director
$0 $0 $0
SARAH AQUINO DIRECTOR 1.00
Director
$0 $0 $0
SHERI PEIFER DIRECTOR 1.00
Director
$0 $0 $0
SIRI NELSON DIRECTOR 1.00
Director
$0 $0 $0
SIRI PULIPATI DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN FLEMING DIRECTOR 1.00
Director
$0 $0 $0
STEVE PLEAU DIRECTOR 1.00
Director
$0 $0 $0
SUMAN AKULA DIRECTOR 1.00
Director
$0 $0 $0
TINA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
TOM STALLARD DIRECTOR 1.00
Director
$0 $0 $0
WENDY COHEN DIRECTOR 1.00
Director
$0 $0 $0
YANNIS ANGOURAS DIRECTOR 1.00
Director
$0 $0 $0
BARRY BROOME PRESIDENT & CEO 40.00
Officer
$938,244 $21,243 $959,487
ADRIAN TROELS EXECUTIVE VICE PRESIDENT 40.00
Key Emp
$226,600 $32,362 $258,962
BRITTANY JONES CHIEF PERFORMANCE OFFICER 40.00
Highest
$218,446 $28,738 $247,184
JASMINE WARD VICE PRESIDENT OF MARKETIN 40.00
Highest
$153,113 $24,720 $177,833
DANEA THOMAS DIRECTOR OF FINANCE & ADMI 40.00
Highest
$132,550 $20,744 $153,294
LUCY ROBERTS DIRECTOR OF BUSINESS DEVELOPMENT 40.00
Highest
$110,294 $14,079 $124,373
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $12,028,183 $5,958,517 $18,331,647 $6,069,666
2024 $2,670,040 $5,135,239 $12,142,091 $-2,465,199
2023 $2,910,340 $4,805,720 $14,127,749 $-1,895,380
2022 $3,467,560 $4,668,350 $15,768,585 $-1,200,790
2021 $7,892,758 $4,105,058 $16,716,562 $3,787,700
2020 $9,004,785 $4,510,916 $13,153,663 $4,493,869
2019 $2,841,237 $4,332,482 $8,991,980 $-1,491,245
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