Monterey County Business Council

SALINAS, CA EIN: 77-0417425 Website

TO PROVIDE COLLABORATIVE LEADERSHIP TO HELP PEOPLE FROM BUSINESS, GOVERNMENT, EDUCATION AND THE COMMUNITY WORK TOGETHER ON COUNTYWIDE ISSUES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+44.5% YoY

Annual Giving

$141K

-27.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$28K

-27.4% YoY

About Monterey County Business Council

Based on IRS filings

Monterey County Business Council is a nonprofit organization, based in SALINAS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 5 grants totaling $141K. Net investment income was $67K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $334K (100%)

States

California

Cities

IrvineMarinaMontereySalinasSeaside

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,546,636	$1,070,322	$292,655
Revenue	$1,987,247	$1,967,312	$1,305,887
Expenses	$1,514,410	$1,206,674	$1,091,764
Qualifying Distributions	—	—	—
Net Investment Income	$67,304	$3,807	$61
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Salinas United Business Assoc ($88,000), Monterey Peninsula Chamber ($22,500), UC Monterey Bay ($12,520).

Recipient	Purpose	Amount
First 5 Monterey County Salinas, CA	Collaboration on covid response	$10,000
Monterey Peninsula Chamber Monterey, CA	Collaboration on covid response	$22,500
Salinas United Business Assoc Salinas, CA	Collaboration on covid response	$88,000
UC Monterey Bay Seaside, CA	Collaboration on covid response	$12,520
Western Growers Service Corp Irvine, CA	Collaboration on covid response	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Paul Farmer	Executive Dir.	40	$135,621
Luis Alvarez	Secretary/Tres	2	—
Chris Steinbruner	Director	2	—
Peter Scudder	Director	2	—
Amy Ivey	Chairman	2	—
Megan Hunter	Vice Chair	2	—

Frequently Asked Questions

How large is Monterey County Business Council?

As of 2024, Monterey County Business Council holds $1.5M in total assets with $2.0M in annual revenue. It awarded 5 grants totaling $141K in 2024.

Where does Monterey County Business Council operate?

Monterey County Business Council has awarded grants in California.

What size grants does Monterey County Business Council award?

In 2024, Monterey County Business Council awarded 5 grants totaling $141K — an average of about $28K per grant, based on its IRS Form 990 filings.

What is Monterey County Business Council's EIN?

Monterey County Business Council's EIN (Employer Identification Number) is 77-0417425. IRS Form 990 filing data is available on this page for 2020–2024.