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California Emerging Technology Fund

Public charity
DBA: % RICH MOTTA
Community Development · CONCORD, CA · EIN 20-5184429

About

Provide leadership statewide to close the digital divide by accelerating the deployment and adoption of broadband and other advanced communication services to unserved and underserved communities.

In care of RICH Motta

Donations are tax-deductible
Category
Community Development
Employees
15
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$3.6M
Expenses
$9.5M
Assets
$27.1M
Liabilities
$893K

Financial history

$35.2M$17.6M$0
17181920212223
RevenueExpenses
Latest FY2023: $3.6M · Peak FY2020: $35.2M · Avg: $12.2M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$229K
Grants Given
$1.1M
CALIFORNIA EMERGING TECHNOLOGY FUND
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Address

2151 Salvio Street Suite 252
Concord, CA, 94520-245

Governance

Voting board members14
Independent members14
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
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