Monterey County Business Council
To provide collaborative leadership to help people from business, government, education and the community work together on countywide issues.
Monterey County Business Council at a glance
In short: Monterey County Business Council gave $141K across 5 grants in 2024 (avg $28K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $140,520
- -27.4% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $28,104
- -27.4% vs 2023
- Median grant
- $12,520
- Total assets
- $1,546,636
- +44.5% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Monterey County Business Council funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Salinas United Business Assoc ($88K). Together the top 5 received $141K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 11 grants of 15 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $131K (2022) to $194K (2023). In 2024 it made 5 grants totaling $141K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Salinas United Business Assoc Salinas, CA | Collaboration on covid response | $88,000 |
| Monterey Peninsula Chamber Monterey, CA | Collaboration on covid response | $22,500 |
| UC Monterey Bay Seaside, CA | Collaboration on covid response | $12,520 |
| First 5 Monterey County Salinas, CA | Collaboration on covid response | $10,000 |
| Western Growers Service Corp Irvine, CA | Collaboration on covid response | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,546,636 | $1,987,247 | $1,514,410 | $140,520 | 5 | $67,304 |
| 2023 | $1,070,322 | $1,967,312 | $1,206,674 | $193,500 | 5 | $3,807 |
| 2022 | $292,655 | $1,305,887 | $1,091,764 | $131,000 | 5 | $61 |
| 2021 | $76,616 | $515,668 | $461,875 | — | — | $6 |
| 2020 | $24,332 | $477,815 | $506,397 | — | — | — |
About Monterey County Business Council
Based on IRS filings
Monterey County Business Council is a public charity, 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.
Leadership & Key People
Officers and directors from IRS filings
Monterey County Business Council is led by Paul Farmer, Executive Director on the 2024 filing; 1 of 6 officers listed in 2024 is compensated.
Officers on the 2024 filing
Paul Farmer
Executive Director
New on the 2024 filing
40 hrs/week
$136K (2024)
Amy Ivey
Chairman
Director → Secretary & Treasurer, 2023
Secretary & Treasurer → Chairman, 2024
On filings since 2022
2 hrs/week
No compensation reported
Chris Steinbruner
Director
Treasurer → Chairman, 2022
Chairman → Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
Peter Scudder
Director
Past Chairman → Director, 2022
On filings since 2020
2 hrs/week
No compensation reported
Luis Alvarez
Secretary & Treasurer
Past Chairman → Director, 2023
Director → Secretary & Treasurer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Megan Hunter
Vice Chair
Director → Vice Chair, 2024
On filings since 2022
2 hrs/week
No compensation reported
Former officers (8)
- Former: Kimbley Craig (2020–2023) — Executive Director
- Former: Joe Foster (2021–2023) — Vice President
- Former: Julie King (2020) — Secretary
- Former: Kathy Miller (2020) — Vice Chair
- Former: Michael LaPier (2020) — Director
- Former: Ray Corpuz (2020) — Director
- Former: Rob Weakley (2020) — Director
- Former: Wesley Van Camp (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $136K, to Paul Farmer (Executive Dir.).
Frequently asked questions about Monterey County Business Council
How much does Monterey County Business Council give each year?
Monterey County Business Council gave $141K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $194K across 5 grants.
What is Monterey County Business Council's typical grant size?
Monterey County Business Council's median grant in 2024 was $12,520, and its average grant was $28,104, across 5 grants on its 2024 IRS Form 990.
Where does Monterey County Business Council give grants?
Monterey County Business Council gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Salinas, CA (2 grants).
Does Monterey County Business Council give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Monterey County Business Council's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Collaboration on covid response" (5 grants).
Who are Monterey County Business Council's largest grantees?
Monterey County Business Council's largest 2024 grantees include Salinas United Business Assoc ($88,000), Monterey Peninsula Chamber ($22,500) and UC Monterey Bay ($12,520), according to its 2024 IRS Form 990. Together they received 88% of its itemized 2024 grant dollars.
How large is Monterey County Business Council?
Monterey County Business Council reported $1.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.0M.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS October 5, 2023)
- IRS filings on file for fiscal years 2020–2024
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Monterey County Business Council down — hundreds of funders to go?