Civic Intelligence

So Cal CDC

990 • Fiscal year 2022 • EIN 27-2790053

Oct 01, 2021 to Sep 30, 2022 • Filed on Jun 09, 2023

Organization ProfileWWW.SOCALCDC.COM
15455 San Fernando Mission C200Mission Hills, CA 91345

(818) 638-7001

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.10x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

44th percentile

3.7%

Higher net margin than 44% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

90th percentile

$195,136

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 15.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

29th percentile

-5.2%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

55th percentile

9.2%

Faster revenue growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$452,313

Down $24,994 (-5.2%) from 2021

Net Assets

Up

$405,034

Up $46,945 (+13%) from 2021

Liabilities

Down

$47,279

Down $71,939 (-60%) from 2021

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin44th percentile

Revenue

Up

$1,265,649

Up $106,535 (+9.2%) from 2021

Expenses

Down

$1,218,704

Down $67,875 (-5.3%) from 2021

Net Income

Up

$46,945

Up $174,410 (+137%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2016: $496,457Liabilities 2016: $3,518Net Assets 2016: $492,9392016Assets 2017: $503,467Liabilities 2017: $3,702Net Assets 2017: $499,7652017Assets 2018: $520,781Liabilities 2018: $18,787Net Assets 2018: $501,9942018Assets 2019: $698,924Liabilities 2019: $39,088Net Assets 2019: $659,8362019Assets 2020: $635,841Liabilities 2020: $150,287Net Assets 2020: $485,5542020Assets 2021: $477,307Liabilities 2021: $119,218Net Assets 2021: $358,0892021Assets 2022: $452,313Liabilities 2022: $47,279Net Assets 2022: $405,0342022Assets 2023: $315,232Liabilities 2023: $16,322Net Assets 2023: $298,9102023Assets 2024: $220,300Liabilities 2024: $7,351Net Assets 2024: $212,9492024

Highlighted filing

2022

Assets$452,313
Liabilities$47,279
Net Assets$405,034
Open 2022 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $761,262Expenses 2016: $660,857Net Income 2016: $100,4052016Revenue 2017: $795,892Expenses 2017: $789,066Net Income 2017: $6,8262017Revenue 2018: $868,909Expenses 2018: $866,680Net Income 2018: $2,2292018Revenue 2019: $1,287,420Expenses 2019: $1,129,578Net Income 2019: $157,8422019Revenue 2020: $1,155,095Expenses 2020: $1,329,377Net Income 2020: -$174,2822020Revenue 2021: $1,159,114Expenses 2021: $1,286,579Net Income 2021: -$127,4652021Revenue 2022: $1,265,649Expenses 2022: $1,218,704Net Income 2022: $46,9452022Revenue 2023: $1,336,189Expenses 2023: $1,442,313Net Income 2023: -$106,1242023Revenue 2024: $1,106,550Expenses 2024: $1,192,511Net Income 2024: -$85,9612024

Highlighted filing

2022

Revenue$1,265,649
Expenses$1,218,704
Net Income$46,945
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jun 9, 2023
Return Version
2021v4.2
Gross Receipts
$1,265,649
Mission and Program Overview

Mission

So cal cdc is a certified development company with the united states small business administration. The organization specializes in below market, fixed rate financing for commercial and industrial projects through the sba 504 loan programs. So cal cdc assists small businesses to receive the opportunity of financing their expansion projects with attractive rates and terms. The financing can be used for the purchase and/or development of land and building for owner occupied business purposes.

So cal cdc is a certified development company with the u.s. Small business administration. The organization specializes in below market, fixed rate financing for commercial and industrial projects through the sba 504 loan program. So cal cdc assists small businesses to receive the opportunity of financing their expansion projects with attractive rates and terms. The financing can be used for the purchase and/or development of land and building for business purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$283,416$415,681▲ $132,265
Cash and Non-Interest-Bearing Accounts$95,409$24,278▼ $71,131
Land, Buildings, and Equipment, Net$8,294$12,354▲ $4,060
Total Assets$477,307$452,313▼ $24,994
Other Assets Total$90,188$0▼ $90,188
Liabilities
Accounts Payable and Accrued Expenses$119,218$47,279▼ $71,939
Total Liabilities$119,218$47,279▼ $71,939
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$358,089$405,034▲ $46,945
Total Net Assets Fund Balance$358,089$405,034▲ $46,945
Total Liabilities and Net Assets / Fund Balance$477,307$452,313▼ $24,994

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,354$17,879$30,233
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Silverio RobledoPresidentFT$195,136$195,136

Board Members and Trustees

NameTitle
Oscar MonteagudoChairman
Alex EbkarianDirector
Francisco NavasDirector
Jonathan LopezDirector
Martin RodriguezDirector
Rene CervantesDirector
Scott WenrichDirector
Roy JassoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,265,639
Investment Income
$10
Other Revenue
$0
Change in Net Assets
$46,945

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,265,649
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,265,649
Total Revenue per Form 990
$1,265,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$916,900
Other Expenses$301,804
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$531,188$59,021-$590,209
Current Officers, Directors, Trustees, and Key Employees$294,022$32,669-$326,691
Occupancy$58,915$6,546-$65,461
Fees for Services Accounting-$34,090-$34,090
Travel$20,709--$20,709
Office Expenses$17,461$2,111-$19,572
All Other Expenses$4,650$7,195-$11,845
Other Expenses$10,998--$10,998
Depreciation Depletion-$2,374-$2,374
Advertising$262--$262
Interest-$258-$258
Total Functional Expenses$1,074,440$144,264$0$1,218,704

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,218,704
Total Expenses per Audited Statements$1,218,704
Total Expenses per Form 990$1,218,704
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Officers of the company review the return prior to filing”

Form 990, Part VI, Section B, Line 12C

“Any potential or known conflicts of interest are discussed in board meetings as they arise.”

Form 990, Part VI, Section B, Line 15A

“Members of the board of directors review compensation amounts, taking into consideration work performed and comparable industry salaries.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
So Cal Cdc
EIN
27-2790053
Phone
8186387001
Address
15455 SAN FERNANDO MISSION C200, MISSION HILLS, CA 91345

Signing Officer

Name
Paola Macchiavello
Title
Secretary
Phone
6615844797
Signed
2023-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paola Macchiavello
Formed
2010
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
8
Volunteers
0

Preparer

Firm
Kkaj Llp
Address
27200 TOURNEY ROAD STE 475, VALENCIA, CA 91355
Preparer
Evan Faucette CPA
Phone
6617054222
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organiztion has a board of directors that assumes responsibility for oversight of the audit, including selection of the independent auditors.”

Financial Statement Notes

PART X, LINE 2:

“Management estimates that no tax positions taken by the company would be adjusted by taxing authorities under examination. The company's tax returns are still subject to examination by various tax authorities for tax years ending on or after september 30, 2017.”

Raw XML AppendixShowing 400 of 456 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0119218
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt047279
IRS990/AccountsReceivableGrp/BOYAmt0283416
IRS990/AccountsReceivableGrp/EOYAmt0415681
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SO CAL CDC IS A CERTIFIED DEVELOPMENT COMPANY WITH THE U.S. SMALL BUSINESS ADMINISTRATION. THE ORGANIZATION SPECIALIZES IN BELOW MARKET, FIXED RATE FINANCING FOR COMMERCIAL AND INDUSTRIAL PROJECTS THROUGH THE SBA 504 LOAN PROGRAM. SO CAL CDC ASSISTS SMALL BUSINESSES TO RECEIVE THE OPPORTUNITY OF FINANCING THEIR EXPANSION PROJECTS WITH ATTRACTIVE RATES AND TERMS. THE FINANCING CAN BE USED FOR THE PURCHASE AND/OR DEVELOPMENT OF LAND AND BUILDING FOR BUSINESS PURPOSES.
IRS990/AdvertisingGrp/ProgramServicesAmt0262
IRS990/AdvertisingGrp/TotalAmt0262
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07195
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04650
IRS990/AllOtherExpensesGrp/TotalAmt011845
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SO CAL CDC
IRS990/BooksInCareOfDetail/PhoneNum08186387001
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015455 SAN FERNANDO MISSION STE C200
IRS990/BooksInCareOfDetail/USAddress/CityNm0MISSION HILLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091345
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt095409
IRS990/CashNonInterestBearingGrp/EOYAmt024278
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032669
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0294022
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0326691
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010
IRS990/CYOtherExpensesAmt0301804
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01265639
IRS990/CYRevenuesLessExpensesAmt046945
IRS990/CYSalariesCompEmpBnftPaidAmt0916900
IRS990/CYTotalExpensesAmt01218704
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01265649
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02374
IRS990/DepreciationDepletionGrp/TotalAmt02374
IRS990/Desc0THE ORGANIZATION SUCCESSFULLY ASSISTED SMALL BUSINESSES IN OBTAINING FUNDING FOR THEIR EXPANSION PROJECTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01074440
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt034090
IRS990/FeesForServicesAccountingGrp/TotalAmt034090
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0MARTIN RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1JONATHAN LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2RENE CERVANTES
IRS990/Form990PartVIISectionAGrp/PersonNm3OSCAR MONTEAGUDO
IRS990/Form990PartVIISectionAGrp/PersonNm4FRANCISCO NAVAS
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT WENRICH
IRS990/Form990PartVIISectionAGrp/PersonNm6ROY JASSO
IRS990/Form990PartVIISectionAGrp/PersonNm7ALEX EBKARIAN
IRS990/Form990PartVIISectionAGrp/PersonNm8SILVERIO ROBLEDO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8195136
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01265649
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt0258
IRS990/InterestGrp/TotalAmt0258
IRS990/InvestmentIncomeGrp/ExclusionAmt010
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017879
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08294
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012354
IRS990/LandBldgEquipCostOrOtherBssAmt030233
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SO CAL CDC IS A CERTIFIED DEVELOPMENT COMPANY WITH THE UNITED STATES SMALL BUSINESS ADMINISTRATION. THE ORGANIZATION SPECIALIZES IN BELOW MARKET, FIXED RATE FINANCING FOR COMMERCIAL AND INDUSTRIAL PROJECTS THROUGH THE SBA 504 LOAN PROGRAMS. SO CAL CDC ASSISTS SMALL BUSINESSES TO RECEIVE THE OPPORTUNITY OF FINANCING THEIR EXPANSION PROJECTS WITH ATTRACTIVE RATES AND TERMS. THE FINANCING CAN BE USED FOR THE PURCHASE AND/OR DEVELOPMENT OF LAND AND BUILDING FOR OWNER OCCUPIED BUSINESS PURPOSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0358089
IRS990/NetAssetsOrFundBalancesEOYAmt0405034
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0358089
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0405034
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06546
IRS990/OccupancyGrp/ProgramServicesAmt058915
IRS990/OccupancyGrp/TotalAmt065461
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02111
IRS990/OfficeExpensesGrp/ProgramServicesAmt017461
IRS990/OfficeExpensesGrp/TotalAmt019572
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt090188
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MARKETING
IRS990/OtherExpensesGrp/Desc1DUES
IRS990/OtherExpensesGrp/Desc2PROCESSING EXPENSES
IRS990/OtherExpensesGrp/Desc3INSURANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt093116
IRS990/OtherExpensesGrp/ProgramServicesAmt122475
IRS990/OtherExpensesGrp/ProgramServicesAmt220644
IRS990/OtherExpensesGrp/ProgramServicesAmt310998
IRS990/OtherExpensesGrp/TotalAmt093116
IRS990/OtherExpensesGrp/TotalAmt122475
IRS990/OtherExpensesGrp/TotalAmt220644
IRS990/OtherExpensesGrp/TotalAmt310998
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059021
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0531188
IRS990/OtherSalariesAndWagesGrp/TotalAmt0590209
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAOLA MACCHIAVELLO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/Desc3CLOSING COSTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0801195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1329044
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt295839
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt339561
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0801195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1329044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt295839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt339561
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020
IRS990/PYOtherExpensesAmt0336932
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01159094
IRS990/PYRevenuesLessExpensesAmt0-127465
IRS990/PYSalariesCompEmpBnftPaidAmt0949647
IRS990/PYTotalExpensesAmt01286579
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01159114
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt046945
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01265639
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01265639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01159094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01287307
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0868846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04580886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt063
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0206
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt010
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt0113
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt063
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt0206
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt04580886
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01265639
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01159094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01287307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0868846
IRS990ScheduleA/Total509Grp/TotalAmt04580886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01265649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01159114
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01287420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0868909
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04581092
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01218704
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012354
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017879
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030233
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01265649
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ESTIMATES THAT NO TAX POSITIONS TAKEN BY THE COMPANY WOULD BE ADJUSTED BY TAXING AUTHORITIES UNDER EXAMINATION. THE COMPANY'S TAX RETURNS ARE STILL SUBJECT TO EXAMINATION BY VARIOUS TAX AUTHORITIES FOR TAX YEARS ENDING ON OR AFTER SEPTEMBER 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012354
IRS990ScheduleD/TotalExpensesPerForm990Amt01218704
IRS990ScheduleD/TotalRevenuePerForm990Amt01265649
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01265649
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01218704
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0195136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SILVERIO ROBLEDO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0195136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE BOARD OF DIRECTORS REVIEW COMPENSATION AMOUNTS, TAKING INTO CONSIDERATION WORK PERFORMED AND COMPARABLE INDUSTRY SALARIES.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS OF THE COMPANY REVIEW THE RETURN PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY POTENTIAL OR KNOWN CONFLICTS OF INTEREST ARE DISCUSSED IN BOARD MEETINGS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD OF DIRECTORS REVIEW COMPENSATION AMOUNTS, TAKING INTO CONSIDERATION WORK PERFORMED AND COMPARABLE INDUSTRY SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZTION HAS A BOARD OF DIRECTORS THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, INCLUDING SELECTION OF THE INDEPENDENT AUDITORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0477307
IRS990/TotalAssetsEOYAmt0452313
IRS990/TotalAssetsGrp/BOYAmt0477307
IRS990/TotalAssetsGrp/EOYAmt0452313
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144264
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01074440
IRS990/TotalFunctionalExpensesGrp/TotalAmt01218704
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0119218
IRS990/TotalLiabilitiesEOYAmt047279
IRS990/TotalLiabilitiesGrp/BOYAmt0119218
IRS990/TotalLiabilitiesGrp/EOYAmt047279
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0358089
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0405034
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01074440
IRS990/TotalProgramServiceRevenueAmt01265639
IRS990/TotalReportableCompFromOrgAmt0195136

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$452,313
Liabilities
$47,279
Net assets
$405,034
Revenue
$1,265,649
Expenses
$1,218,704
Net income
$46,945
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.01$0.21$1.11$1.19$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.30$1.34$1.44$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.05$0.41$1.27$1.22$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.12$0.36$1.16$1.29$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.15$0.49$1.16$1.33$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.04$0.66$1.29$1.13$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.02$0.50$0.87$0.87$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.80$0.79$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.49$0.76$0.66$0.10