REGION BUSINESS INC

EIN: 900871609

SACRAMENTO, CA

Total Revenue
$253,495
Total Expenses
$238,073
Total Assets
$3,785
Net Assets
$-91,331
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
JOSHUA WOOD
Phone
9165592522
Tax Period
2020-07-01 to 2021-06-30

REGION BUSINESS INC, founded in 2012, is a small nonprofit that reported $253K in total revenue in fiscal year 2020. Expenses of $238K left a modest 6% surplus.

Mission

REGION BUSINESS, INC. IS THE REGION'S LEADING CHAMPION FOR ECONOMIC GROWTH

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $253,495
Investment Income $0
Other Revenue $0
TOTAL REVENUE $253,495

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,807
Fundraising Expenses $0
Program Expenses $0
Other Expenses $165,266
TOTAL EXPENSES $238,073

Year-over-Year Comparison

2020 2019 Change
Revenue $253,495 N/A N/A
Expenses $238,073 N/A N/A
Net Income $15,422 $0 N/A
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
38
Independent Members
38
Employees
2
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
7
$0
Total Directors
37
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA NICOLLS PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL PORTER PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CHUCK HACK PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
ROSS COFER CPA TREASURER 1.00
Officer Director
$0 $0 $0
DAN RAMOS REGION BUILDERS CHAIRMAN 1.00
Director
$0 $0 $0
DAVE RITCHIE REGION FINANCE CHAIRMAN 1.00
Director
$0 $0 $0
BOB WALTER BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL LOWNDES ANIXTER 1.00
Director
$0 $0 $0
HENRY DE VERE WHITE REGION RESTAURANTS CHAIRMAN 1.00
Director
$0 $0 $0
TRENT YACKZAN SUDWERK BREWING COMPANY 1.00
Director
$0 $0 $0
BILL YEE 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRAD DES JARDIN BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDON HAEFELE BOARD MEMBER 1.00
Director
$0 $0 $0
MATT MORROW 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRYAN JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE SIKICH SECRETARY 1.00
Officer Director
$0 $0 $0
CHRIS HARRIS JL HARRIS PAINTING 1.00
Director
$0 $0 $0
CHRIS JAROSZ BOARD MEMBER 1.00
Director
$0 $0 $0
CLINTON MYERS BOARD MEMBER 1.00
Director
$0 $0 $0
DAN ERIKSSON BOARD MEMBER 1.00
Director
$0 $0 $0
EVAN JACOBS BOARD MEMBER 1.00
Director
$0 $0 $0
FRAN MCDERMOTT BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF HENRY BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF GOOD BOARD MEMBER 1.00
Director
$0 $0 $0
LOUISE WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL BROUGHTON BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN GRIMES BOARD MEMBER 1.00
Director
$0 $0 $0
RICH MEEKER BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE KIMMEL BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLAS ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
DEREK MINNEMA BOARD MEMBER 1.00
Director
$0 $0 $0
RON BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN LUCCHETTI BOARD MEMBER 1.00
Director
$0 $0 $0
TONY MOAYED TRICORP GROUP 1.00
Director
$0 $0 $0
SIMON DE VERE WHITE DE VERE'S IRISH PUB 1.00
Director
$0 $0 $0
VINCE BERNACCHI BOARD MEMBER 1.00
Director
$0 $0 $0
WYATT JONES BOARD MEMBER 1.00
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
2021 $253,495 $238,073 $3,785 $15,422
2020 $287,598 $295,509 $3,408 $-7,911
2019 $397,680 $423,581 $4,204 $-25,901
2018 $369,871 $341,407 $37,276 $28,464
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