Southeast Fresno Community Economic Development Assn
- Assets
- $4.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 45-1467295
Organization Overview
Southeast Fresno Community Economic Development Assn, operating under the name Sefceda, is located in Fresno, CA. The organization was established in 2012. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sefceda is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sefceda generated $66.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $63.1k during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SOUTHEAST FRESNO COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION (SEFCEDA) IS A COMMUNITY ECONOMIC DEVELOPMENT PLATFORM TO ADVANCE AND PROMOTE PROSPERITY AND TO IMPROVE QUALITY OF LIFE FOR ALL RESIDENTS AND BUSINESSES THROUGH ENGAGEMENT, EDUCATION, AND AN ACTION PLAN THAT EXECUTES AND ENRICHES CULTURAL IDENTITY AND ATTRACT NEW RESIDENTS, EMPLOYERS AND INVESTORS TO SOUTHEAST FRESNO.
Describe the Organization's Program Activity:
Part 3
WORKFORCE DEVELOPMENT. SEFCEDA PROVIDES ASSISTANCE TO LOW-INCOME RESIDENTS IN OBTAINING JOB TRAINING FOR JOBS IN THE CONSTRUCTION INDUSTRIES AND PLACES RESIDENTS IN JOBS IN LOCAL BUSINESSES. THE MAIN PURPOSE OF THIS PROGRAM IS TO IMPROVE THE EARNING CAPACITY OF RESIDENTS AND TO IMPROVE THEIR INCOME TO ADDRESS THE PROBLEMS OF POVERTY WE HAVE IN THE AREA WE SERVE.
THIS CATEGORY INCLUDES OTHER MISCELLANEOUS EXPENDITURES REQUIRED FOR REFERRAL SERVICES PROVIDED BY SEFCEDA AND FOR OTHER INFORMATION PROVIDED BY SEFCEDA FOR INTERVIEWING OF CANDIDATES FOR THE VARIOUS ACTIVITIES WHERE THERE ARE NO SPECIFIC FUNDING SOURCES AVAILABLE.
BUSINESS DEVELOPMENT AND TECHNICAL ASSISTANCE. SEFCEDA HAS BEEN PROVIDING TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS LOCATED IN SOUTHEAST FRESNO. THAT INCLUDES HELPING THEM APPLY FOR SMALL BUSINESS GRANTS, CONNECTING THEM WITH OTHER AGENCIES THAT PROVIDE BUSINESS LOANS AND OTHER SERVICES. AN IMPORTANT PROJECT STARTED THIS YEAR THAT WILL CONTINUE IN 2023 IS A FACADE IMPROVEMENT PROGRAM THAT PROVIDES GOVERNMENT FUNDS TO SMALL BUSINESSES TO IMPROVE THE FRONT OF THEIR BUSINESSES THAT HELPS BEAUTIFY THE AREA, ATTRACT MORE CUSTOMERS AND GENERATE MORE BUSINESS ACTIVITY. SEFCEDA ALSO PROVIDES LOW INCOME RESIDENTS INFORMATION ABOUT HOW TO OPEN A NEW BUSINESS IN OUR COMMUNITY.
CREATION OF A NEW PARK AND RECREATION OPPORTUNITIES. SEFCEDA CONTINUES TO RECRUIT VOLUNTEERS FOR THE UPKEEP OF A 49-CARE VACANT PARK SITE. SEFCEDA HAS BEEN CLEANING UP THIS SITE AND IT IS READY TO CONTINUE TO PLANT NEW TREES ON THIS SITE. THROUGH THE PARTICIPATION OF RESIDENTS AND SEFCEDA, THE CITY OF FRESNO HAS COMMITTED TO FUND THE FIRST PHASE OF A REGIONAL PARK AND SOCCER COMPLEX ON THIS SITE. THIS PARK WILL IMPROVE AIR QUALITY IN THIS REGION AND IMPROVE THE HEALTH OF LOW-INCOME RESIDENTS WHO WILL USE THIS PARK. FUNDING FOR THE CONSTRUCTION OF A NEW PARK ON THIS SITE HAS BEEN APPROVED BY THE CITY OF FRESNO. SEFCEDA ALSO HAS ASSISTED THE CITY FO FRESNO IN COMMUNITY OUTREACH PROGRAMS TO INCREASE PUBLIC PARTICIPATION IN IDENTIFYIING NEW PARK IMPROVEMENTS AND THE REVIEW OF CULTURAL MASTER PLAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriel Lozano Program Manager | 20 | $0 | |
Michael Angel Board Member | 5 | $0 | |
Itzi Robles Board Of Directors Vice Chair | 10 | $0 | |
Catherine Robles Board Member | 5 | $0 | |
Nellie Neri Secretary | 10 | $0 | |
Jose Luis Barraza Chief Financial Officer Treasurer | 20 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,000 |
| Total Program Service Revenue | $53,210 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,402 |
| Professional fees and other payments to independent contractors | $7,648 |
| Occupancy, rent, utilities, and maintenance | $28,504 |
| Printing, publications, postage, and shipping | $1,249 |
| Other expenses | $11,316 |
| Total expenses | $63,119 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,645 |
| Other assets | $0 |
| Total assets | $4,645 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,645 |