STANISLAUS EQUITY PARTNERS INC

EIN: 473797356 501(c)(3) Community Improvement

MODESTO, CA

Total Revenue
$2,691,585
Total Expenses
$1,667,031
Total Assets
$7,558,201
Net Assets
$7,288,690
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Principal Officer
JESSICA FILBRUN
Phone
2096205121
Tax Period
2025-01-01 to 2025-12-31

STANISLAUS EQUITY PARTNERS INC, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $2.7M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.0M, a strong 38% operating margin.

Mission

THE ORGANIZATION WORKS TO CONNECT NEIGHBORS, RESOURCES AND OPPORTUNITIES. AS A COMMUNITY DEVELOPMENT CORPORATION, STEP WORKS TO EMPOWER STANISLAUS RESIDENTS WITH ACCESS TO ASSET BUILDING OPPORTUNITIES THROUGH HOUSING, SMALL BUSINESS SERVICES AND AFFORDABLE LENDING.

Program Service Accomplishments

Program 1
Expenses: $1,269,254 Revenue: $225,228

AS A COMMUNITY DEVELOPMENT CORPORATION, STEP WORKS TO EMPOWER STANISLAUS RESIDENTS WITH ACCESS TO ASSET BUILDING OPPORTUNITIES THROUGH HOUSING, SMALL BUSIENSS SERVICES AND AFFORDABLE LENDING THROUGH...

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AS A COMMUNITY DEVELOPMENT CORPORATION, STEP WORKS TO EMPOWER STANISLAUS RESIDENTS WITH ACCESS TO ASSET BUILDING OPPORTUNITIES THROUGH HOUSING, SMALL BUSIENSS SERVICES AND AFFORDABLE LENDING THROUGH VARIOUS PROGRAMS THAT IT OFFERS.

Program 2
Revenue: $136,100

BUILD AND FUND THE AFFORDABLE HOUSING TRUST FUND TO PURCHASE, COVENANT AND HOLD LAND FOR THE DEVELOPMENT OF AFFORDABLE HOUSING PROJECTS.

Program 3

THE PROPOSED MICRO HOME MANUFACTURING AND CONSTRUCTION TRAINING PROGRAM IS MULTIFACETED ECONOMIC AND WORKFORCE DEVELOPMENT INITIATIVE DESIGNED TO SIMULTANEOUSLY ADDRESS WORKFORCE SKILL GAPS, REGIONAL...

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THE PROPOSED MICRO HOME MANUFACTURING AND CONSTRUCTION TRAINING PROGRAM IS MULTIFACETED ECONOMIC AND WORKFORCE DEVELOPMENT INITIATIVE DESIGNED TO SIMULTANEOUSLY ADDRESS WORKFORCE SKILL GAPS, REGIONAL HOUSING SHORTAGES, AND ECONOMIC DISPARITIES ACROSS STANISLAUS, MERCED, AND SAN JOAQUIN 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 (2025)

Revenue Breakdown

Contributions & Grants $1,635,595
Program Service Revenue $361,328
Investment Income $114,755
Other Revenue $579,907
TOTAL REVENUE $2,691,585

Expense Breakdown

Grants Paid $0
Salaries & Benefits $613,664
Fundraising Expenses $0
Program Expenses $1,269,254
Other Expenses $1,053,367
TOTAL EXPENSES $1,667,031

Year-over-Year Comparison

2025 2024 Change
Revenue $2,691,585 $2,359,441 +0.1%
Expenses $1,667,031 $2,225,816 -0.3%
Net Income $1,024,554 $133,625 +6.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
5
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
3
$337,184
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLIVE GRIMBLEBY BOARD CHAIR 0.40
Officer Director
$0 $0 $0
KURTIS CLARK BOARD VICE C 0.40
Director
$0 $0 $0
JESSICA FILBRUN PRESIDENT/CE 40.00
Officer
$168,759 $23,087 $191,846
DORIS DANIEL BRIMA CFO 40.00
Officer
$122,318 $23,020 $145,338
KATHRYN DAVIS MEMBER 0.40
Director
$0 $0 $0
TINA ROCHA MEMBER 0.40
Director
$0 $0 $0
RANDY CLARK MEMBER 0.40
Director
$0 $0 $0
LUIS PEREZ MEMBER 0.40
Director
$0 $0 $0
MARGARET JAMES MEMBER 0.40
Director
$0 $0 $0
DIEGO CAPISTRAN MEMBER 0.40
Director
$0 $0 $0
ALEX WALKER MEMBER 0.40
Director
$0 $0 $0
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 $2,691,585 $1,667,031 $7,558,201 $1,024,554
2024 No data No data No data No data
2023 $3,535,307 $2,010,650 $8,791,608 $1,524,657
2022 $5,324,541 $1,216,505 $5,523,385 $4,108,036
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