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Greater Sacramento Area Economic Council
Greater Sacramento Area Economic Council reported $12.0 million in revenue and $6.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.16 went to program services, $14.35 to management and general costs and $4.49 to fundraising. Its largest source of revenue was contributions and grants: 99.0% of the total. Government grants made up 8.4%. The highest compensation it reported for one person was $959,487 (PRESIDENT & CEO). 6 people received more than $100,000 in reportable compensation. Revenue rose 34% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $6.0MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M- Contributions & grants (non-government)$88.53 $11M
- Government grants$8.18 $1.0M
- Program service revenue$1.30 $160K
- Investment income$1.99 $245K
Other revenue was negative: −$283K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.2% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.4% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.5% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.0% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 8.4% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.3% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $959,487 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 16.10% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 6 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 35.1 | 9.2 |
| Independent voting board members Part VI 1a–1b | 95 of 95 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Greater Sacramento Economic Council (gsec) was honored as edo of the year by the international economic development council (iedc), winning the most prestigious award in the economic development industry. This year, gsec further expanded its international business engagement with a high-level delegation to south korea, advancing its globalizing Greater Sacramento initiative to strengthen global business recruitment. The organization also launched a new regional brand and repositioned its own branding, website and logo to celebrate its 10th anniversary. In addition to the edo of the year…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 40.00 hrs/week | $938,244 | $0 | $21,243 | $959,487 |
| EXECUTIVE VICE PRESIDENT Key employee, 40.00 hrs/week | $226,600 | $0 | $32,362 | $258,962 |
| CHIEF PERFORMANCE OFFICER Highest compensated employee, 40.00 hrs/week | $218,446 | $0 | $28,738 | $247,184 |
| VICE PRESIDENT OF MARKETIN Highest compensated employee, 40.00 hrs/week | $153,113 | $0 | $24,720 | $177,833 |
| DIRECTOR OF FINANCE & ADMI Highest compensated employee, 40.00 hrs/week | $132,550 | $0 | $20,744 | $153,294 |
| DIRECTOR OF BUSINESS DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $110,294 | $0 | $14,079 | $124,373 |
6 people received more than $100,000 in reportable compensation from Greater Sacramento Area Economic Council (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b95 · 95 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 523
Private foundation grants it received
2 private foundations reported grants to Greater Sacramento Area Economic Council totaling $125K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Greater Sacramento Area Economic Council's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Greater Sacramento Area Economic Council, you can publish a response that is linked from this page.
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Of every $100 Greater Sacramento Area Economic Council spent in FY2025, $81.16 went to programs. The full breakdown, from its IRS Form 990:
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All community improvement & capacity building charities · Largest charities in California
Questions people ask
How much of Greater Sacramento Area Economic Council's spending goes to programs?
In the fiscal year ending June 30, 2025, Greater Sacramento Area Economic Council reported that 81.2% of its $6.0 million in expenses went to program services, 14.4% to management and general and 4.5% to fundraising (Form 990, Part IX).
How much does Greater Sacramento Area Economic Council pay its top executive?
The largest total compensation Greater Sacramento Area Economic Council reported for one person in the fiscal year ending June 30, 2025 was $959,487, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Greater Sacramento Area Economic Council get its money?
Of $12.0 million in revenue in the fiscal year ending June 30, 2025, 99.0% came from contributions and grants (including 8.4% from government grants) and 1.3% from program service revenue (Form 990, Part VIII).
Is Greater Sacramento Area Economic Council a registered charity?
The IRS lists EIN 46-5517841 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600349349301315 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521219349301777 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440679349301559 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300479349301765 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220289349300207 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130159349300233 · read the filing
All filings for EIN 46-5517841: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.