San Diego Region Small Business Development Corporation

Organization Overview

San Diego Region Small Business Development Corporation is located in San Diego, CA. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Diego Region Small Business Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, San Diego Region Small Business Development Corporation generated $4.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (46.1%) each year. All expenses for the organization totaled $6.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE ECONOMIC DEVELOPMENT OF SMALL BUSINESS IN SAN DIEGO

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE ECONOMIC DEVELOPMENT OF SMALL BUSINESS BY MAKING AVAILABLE MANAGEMENT ASSISTANCE AND OTHER RESOURCES TO PROMOTE HEALTH, SAFETY AND SOCIAL WELFARE OF THE CITIZENS OF CALIFORNIA. TO ELIMINATE UNEMPLOYMENT OF THE ECONOMICALLY DISADVANTAGED OF THE STATE, AND TO STIMULATE ECONOMIC DEVELOPMENT, EMPLOYMENT, MINORITY GROUP AND DISABLED PERSONS ENTREPRENEURSHIP.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,350
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,350
Total Program Service Revenue$0
Investment income $308
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,158

Grants Recieved

Over the last fiscal year, we have identified 7 grants that San Diego Region Small Business Development Corporation has recieved totaling $2,235,000.

Awarding OrganizationAmount
Goldman Sachs Foundation

New York, NY

PURPOSE: GRANT TO SUPPORT COVID-19 RELIEF EFFORTS TO SMALL BUSINESSES NATIONALLY

$700,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$500,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$500,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$500,000
The San Diego Foundation

San Diego, CA

PURPOSE: FOR SCHOLARSHIP FOR TUITION, BOOKS AND FEES

$20,000
Banc Of California Charitable Foundation

Santa Ana, CA

PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT SMALL BUSINESSES PROGRAMS

$10,000
View Grant Recipient Profile

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