California · Nonprofit
FOLSOM COMMUNITY DEVELOPMENT CORPORATION
FOLSOM COMMUNITY DEVELOPMENT CORPORATION (California) receives grants from 3 organizations whose IRS filings report $154,500 to it, the largest being Safe Credit Union ($90,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $505k
- Funders on record
- 3
- Grants received
- $155k
- Net assets
- $140k
What Folsom Community Development Corporation does
Mission
The organization will encourage sound and beneficial economic development in the city of folsom by developing and managing real property. The corporation will lessen the burdens of government by assisting in developing public properties. The corporation will promote social welfare and combat community deterioration by developing and managing disadvantaged real property in folsom.
As stated on its FY2025 Form 990.
Program
The corporation encouraged sound and beneficial economic development in the city of folsom by developing and managing real property. The corporation lessened the burdens of government by assisting in developing public properties. The corporation promoted social welfare and combat community deterioration by developing and managing disadvantaged real property in folsom.
$317,208 spent$459,766 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $317,208.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $80k to $903k (+1027%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 35% · 2021 19% · 2022 49% · 2023 7% · 2024 51% · 2025 60%. Grants only. Government contracts and fees sit inside program revenue.
105% of FOLSOM COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Joseph Gagliardi
CEO/president
Board chair
Robert Holderness
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $18k.
Left out of every figure on this page: $40k from one payer (the payer shares this organization's board, largest Dignity Health). These are real filings, and they are not money FOLSOM COMMUNITY DEVELOPMENT CORPORATION raised.
From the IRS filings of FOLSOM COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FOLSOM COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 58% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOLSOM COMMUNITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 80% · 2022 49% · 2023 86% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
95% of FOLSOM COMMUNITY DEVELOPMENT CORPORATION's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FOLSOM COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like FOLSOM COMMUNITY DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Folsom Tourism Economic Development · exempt
- Folsom Chamber of Commerce · exempt
Screen this organization
A dated, signed PDF of the compliance screen for FOLSOM COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FOLSOM COMMUNITY DEVELOPMENT CORPORATION?
- FOLSOM COMMUNITY DEVELOPMENT CORPORATION (California) receives grants from 3 organizations whose IRS filings report $154,500 to it, the largest being Safe Credit Union ($90,000). 3 of them have funded it in more than one year.
- How many funders does FOLSOM COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $154,500 in grants to FOLSOM COMMUNITY DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
- Who is the largest funder of FOLSOM COMMUNITY DEVELOPMENT CORPORATION?
- Safe Credit Union is the largest funder on record, with $90,000 in grants. The full list of funders is on this page.
- How can an organization like FOLSOM COMMUNITY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Folsom Community Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing