California Statewide Certified Development Corporation
- Assets
- $11.9m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 45
- Location
- Davis, CA
- Founding
- 07/1988
- Data as of
- 09/2023
- EIN
- 94-3064064
Organization Overview
California Statewide Certified Development Corporation, operating under the name California Statewide Cdc, is located in Davis, CA. The organization was established in 1988. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 09/2023, California Statewide Cdc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Statewide Cdc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, California Statewide Cdc generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $9.6m during the year ending 09/2023. While expenses have increased by 12.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, California Statewide Cdc has awarded 15 individual grants totaling $875,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST BUSINESSES OBTAIN GOV'T LOANS; SERVICE GOV'T LOANS TO PROMOTE URBAN & RURAL ECONOMIC GROWTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
SBA 504 LOAN PROGRAM: DURING FYE 9/30/2023, CSCDC WAS RESPONSIBLE FOR PLACEMENT OF 166 SBA 504 LOANS AND 14 SBA 7A COMMUNITY ADVANTAGE LOANS. ADDITIONALLY, CSCDC SUPPORTED OTHER SBA PROGRAMS THROUGH REFERRALS TO SBA 7A LENDERS, MICROLENDING PROGRAMS AND BUSINESS ASSISTANCE PROGRAMS. SINCE INCEPTION, CSCDC HAS PROVIDED OVER $2.3 BILLION IN LOANS TO SMALL BUSINESSES SUPPORTING $5 BILLION IN TOTAL PROJECT FINANCING TO 3,200 SMALL BUSINESSES, HELPING CREATE OR RETAIN OVER 34,000 JOBS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlo Samson Senior Executive Vice President | Officer | 40 | $701,048 |
Craig Samson Senior Vp, Sr Loan Officer | Officer | 40 | $484,870 |
Jeff Boone CEO | Officer | 40 | $464,866 |
Denise Zboralske Cfo/coo | Officer | 40 | $214,494 |
Mark Schwan Senior Vp, Sr Loan Officer | Officer | 40 | $229,169 |
Patricia Globa Thru 822 Senior Vp, Sr Loan Officer | 40 | $206,876 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Law Offices Of Susan Whitaker Loan Closing Attorney | 9/29/18 | $271,765 |
Dawn Lofgren Loan Closing Services | 9/29/18 | $109,500 |
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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $9,528,802 |
| Investment income | $153,391 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $118,493 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,957,298 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,425 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,168,563 |
| Compensation of current officers, directors, key employees. | $237,152 |
| Compensation to disqualified persons | $205,178 |
| Other salaries and wages | $3,910,420 |
| Pension plan accruals and contributions | $118,257 |
| Other employee benefits | $404,219 |
| Payroll taxes | $390,353 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,397 |
| Fees for services: Accounting | $50,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,787 |
| Advertising and promotion | $228,793 |
| Office expenses | $84,805 |
| Information technology | $266,043 |
| Royalties | $0 |
| Occupancy | $198,206 |
| Travel | $56,116 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $485,952 |
| Interest | $27,586 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,030 |
| Insurance | $104,047 |
| All other expenses | $120,131 |
| Total functional expenses | $9,566,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $704,773 |
| Savings and temporary cash investments | $4,816,932 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,110,318 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,166,174 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $158,888 |
| Net Land, buildings, and equipment | $539,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $451,031 |
| Total assets | $11,947,341 |
| Accounts payable and accrued expenses | $1,144,968 |
| Grants payable | $0 |
| Deferred revenue | $252,313 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,708,985 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $258,776 |
| Total liabilities | $4,365,042 |
| Net assets without donor restrictions | $7,067,844 |
| Net assets with donor restrictions | $514,455 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,947,341 |
Grants Awarded
Over the last fiscal year, California Statewide Certified Development Corporation has awarded $13,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YOLO COUNTY CASA PURPOSE: GENERAL SUPPORT | $5,600 |
COMMUNICARE HEALTH CENTERS PURPOSE: GENERAL SUPPORT | $7,500 |