Cpca Ventures
- Assets
- $18.4m
- Revenue
- $634.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 12/1999
- Data as of
- 03/2023
- EIN
- 94-3345480
Organization Overview
Cpca Ventures is located in Sacramento, CA. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cpca Ventures 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 03/2023, Cpca Ventures generated $634.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.4m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Cpca Ventures has awarded 12 individual grants totaling $360,000. 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
TO PROVIDE NEEDY INDIVIDUALS AND FAMILIES ACCESS TO HEALTH CARE SERVICES, OR SUPPORT, OR PROMOTE SUCH SERVICE PROVIDERS, INCLUDING CALIFORNIA PRIMARY CARE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CALIFORNIA COMMUNITY CLINICS AND HEALTH CENTERS ACCESS TO LOW-INTEREST FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS.
CPCA VENTURES LAUNCHED A COVID RESPONSE LOAN FUND IN PARTNERSHIP TO HELP PANDEMIC IMPACTED CHCS WITH CAPITAL AND OPERATING COSTS.
CURRENT YEAR CHANGE IN LOAN LOSS RESERVE ASSOCIATED WITH PROVIDING CALIFORNIA COMMUNITY CLINICS AND HEALTH CENTERS ACCESS TO LOW-INTEREST FINANCING.
LENDING PROGRAM AT BELOW-MARKET INTEREST RATES TO BENEFIT CALIFORNIA-BASED COMMUNITY HEALTH CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francisco Silva President & Chief Executive Officer | Officer | 2 | $0 |
Sonja Spowart Chief Financial Officer | Officer | 2 | $0 |
Britta Guerrero Chair | OfficerTrustee | 1 | $0 |
David Vliet Immediate Past Chair | OfficerTrustee | 1 | $0 |
David Lontok Treasurer | OfficerTrustee | 1 | $0 |
Christy Ward Vice Speaker | OfficerTrustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $481,355 |
| Investment income | $0 |
| 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 | $634,041 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,840 |
| Advertising and promotion | $0 |
| Office expenses | $10 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $242,137 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $72,736 |
| Total functional expenses | $1,387,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,260,677 |
| Savings and temporary cash investments | $334,854 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,771,913 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,367,444 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $7,423,570 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,968 |
| Total liabilities | $7,464,538 |
| Net assets without donor restrictions | $9,916,007 |
| Net assets with donor restrictions | $986,899 |
| 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 | $18,367,444 |
Grants Awarded
Over the last fiscal year, Cpca Ventures has awarded $120,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SANTA ROSA COMMUNITY HEALTH CENTERS PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |
YEHOWA MEDICAL SERVICES PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |
CLINICAS DE SALUD DEL PUEBLO INC PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |
LIFELONG MEDICAL CARE PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |