Civic Intelligence

Northern California Community Loan Fund

EIN 94-3032394 • 501(c)3 • San Francisco, CA

Profile

The northern california community loan fund promotes economic justice and alleviates poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises. Through flexible financial products and sound advice, we create opportunities to make socially responsible investments that revitalize northern california communities.

870 Market Street 677San Francisco, CA 94102

www.ncclf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.70x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

4.58x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

84th percentile

33%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$298,990

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

90th percentile

25%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

137%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$161,816,185

Up $31,924,536 (+25%) from 2023

Liabilities

Up

$112,664,111

Up $20,467,629 (+22%) from 2023

Net Assets

Up

$49,152,074

Up $11,456,907 (+30%) from 2023

Revenue

Up

$24,622,332

Up $14,218,364 (+137%) from 2023

Expenses

Up

$16,578,910

Up $2,689,096 (+19%) from 2023

Net Income

Up

$8,043,422

Up $11,529,268 (+331%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2011: $40,614,532Liabilities 2011: $29,422,220Net Assets 2011: $11,192,3122011Assets 2012: $45,042,986Liabilities 2012: $30,489,156Net Assets 2012: $14,553,8302012Assets 2013: $47,014,633Liabilities 2013: $31,797,644Net Assets 2013: $15,216,9892013Assets 2014: $53,858,978Liabilities 2014: $37,072,018Net Assets 2014: $16,786,9602014Assets 2015: $59,355,993Liabilities 2015: $41,798,427Net Assets 2015: $17,557,5662015Assets 2016: $62,373,975Liabilities 2016: $43,410,901Net Assets 2016: $18,963,0742016Assets 2017: $76,514,626Liabilities 2017: $56,107,134Net Assets 2017: $20,407,4922017Assets 2018: $84,169,958Liabilities 2018: $58,879,893Net Assets 2018: $25,290,0652018Assets 2019: $90,244,194Liabilities 2019: $61,036,889Net Assets 2019: $29,207,3052019Assets 2020: $99,445,180Liabilities 2020: $69,511,671Net Assets 2020: $29,933,5092020Assets 2021: $118,645,783Liabilities 2021: $77,404,315Net Assets 2021: $41,241,4682021Assets 2022: $119,686,017Liabilities 2022: $82,179,276Net Assets 2022: $37,506,7412022Assets 2023: $129,891,649Liabilities 2023: $92,196,482Net Assets 2023: $37,695,1672023Assets 2024: $161,816,185Liabilities 2024: $112,664,111Net Assets 2024: $49,152,0742024

Highlighted filing

2024

Assets$161,816,185
Liabilities$112,664,111
Net Assets$49,152,074

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $4,282,586Expenses 2011: $3,315,001Net Income 2011: $967,5852011Expenses 2012: $4,825,8912012Expenses 2013: $4,334,9412013Revenue 2014: $5,995,327Expenses 2014: $4,706,731Net Income 2014: $1,288,5962014Revenue 2015: $7,281,365Expenses 2015: $5,971,527Net Income 2015: $1,309,8382015Revenue 2016: $7,106,831Expenses 2016: $6,251,908Net Income 2016: $854,9232016Revenue 2017: $7,872,481Expenses 2017: $6,902,986Net Income 2017: $969,4952017Revenue 2018: $12,488,077Expenses 2018: $7,534,710Net Income 2018: $4,953,3672018Revenue 2019: $12,416,145Expenses 2019: $8,738,413Net Income 2019: $3,677,7322019Revenue 2020: $11,934,054Expenses 2020: $11,569,984Net Income 2020: $364,0702020Revenue 2021: $20,656,685Expenses 2021: $8,976,444Net Income 2021: $11,680,2412021Revenue 2022: $13,288,785Expenses 2022: $11,678,145Net Income 2022: $1,610,6402022Revenue 2023: $10,403,968Expenses 2023: $13,889,814Net Income 2023: -$3,485,8462023Revenue 2024: $24,622,332Expenses 2024: $16,578,910Net Income 2024: $8,043,4222024

Highlighted filing

2024

Revenue$24,622,332
Expenses$16,578,910
Net Income$8,043,422

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$113$49.2$24.6$16.6$8.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$130$92.2$37.7$10.4$13.9$3.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$120$82.2$37.5$13.3$11.7$1.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$119$77.4$41.2$20.7$8.98$11.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$99.4$69.5$29.9$11.9$11.6$0.36
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.2$61.0$29.2$12.4$8.74$3.68
2018Summary only. Only limited summary data is available for this year.$84.2$58.9$25.3$12.5$7.53$4.95
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.5$56.1$20.4$7.87$6.90$0.97
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.4$43.4$19.0$7.11$6.25$0.85
2015Detailed filing. Detailed filing data is available for this year.$59.4$41.8$17.6$7.28$5.97$1.31
2014Detailed filing. Detailed filing data is available for this year.$53.9$37.1$16.8$6.00$4.71$1.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.0$31.8$15.2$4.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.0$30.5$14.6$4.83
2011Summary only. Only limited summary data is available for this year.$40.6$29.4$11.2$4.28$3.32$0.97
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 10, 2025
Return Version
2023v6.0
Gross Receipts
$32,372,643
Mission and Program Overview

Mission

The northern california community loan fund promotes economic justice and alleviates poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises. Through flexible financial products and sound advice, we create opportunities to make socially responsible investments that revitalize northern california communities.

Providing financing and financial expertise to strengthen low-income communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$77,721,782$84,034,094▲ $6,312,312
Savings and Temporary Cash Investments$10,890,901$22,939,847▲ $12,048,946
Cash and Non-Interest-Bearing Accounts$297,721$22,665,096▲ $22,367,375
Investments in Publicly Traded Securities$26,104,376$21,231,343▼ $4,873,033
Land, Buildings, and Equipment, Net$2,520,652$2,498,895▼ $21,757
Investments Other Securities$3,909,198$2,199,837▼ $1,709,361
Accounts Receivable$1,079,895$654,546▼ $425,349
Pledges and Grants Receivable$1,470,000$460,000▼ $1,010,000
Prepaid Expenses and Deferred Charges$239,948$179,652▼ $60,296
Investments Program Related$241,808$94,800▼ $147,008
Loans From Officers Directors$20,000$20,000→ $0
Total Assets$129,891,649$161,816,185▲ $31,924,536
Other Assets Total$5,415,368$4,858,075▼ $557,293
Liabilities
Unsecured Notes Loans Payable$81,046,971$103,316,122▲ $22,269,151
Deferred Revenue$5,029,824$3,925,228▼ $1,104,596
Other Liabilities$4,536,549$3,608,431▼ $928,118
Accounts Payable and Accrued Expenses$1,563,138$1,794,330▲ $231,192
Total Liabilities$92,196,482$112,664,111▲ $20,467,629
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$28,675,836$43,382,062▲ $14,706,226
Net Assets With Donor Restrictions$9,019,331$5,770,012▼ $3,249,319
Total Net Assets Fund Balance$37,695,167$49,152,074▲ $11,456,907
Total Liabilities and Net Assets / Fund Balance$129,891,649$161,816,185▲ $31,924,536

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,427,899-$2,427,899
Equipment$52,107$357,440$409,547
Leasehold Improvements$18,889$105,065$123,954
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Catherine HowardPresidentFT$261,983$37,007$298,990
Sabrina KelleyDirector of External RelationsFT$201,207$31,838$233,045
Wilfredo O MendozaCFOFT$193,867$35,326$229,193
Saul EttlinSenior Advisor to the PresidentFT$185,136$33,948$219,084
Scott SporteDirector of CreditFT$177,035$30,441$207,476
Nate SchaffranDirector of Business DevelopmentFT$163,809$35,204$199,013
Carmen Jones-weaksDirector of People & CultureFT$167,669$29,030$196,699
Jason RiggsCommunications DirectorFT$169,769$25,678$195,447
Amanda BornsteinDirector of Catalytic Consulting/trainingFT$162,190$25,976$188,166
Risa KeeperInterim Director of Catalytic Capital (thru 12/13/FT$167,281$19,178$186,459
Risa KeeperInterim Director of Catalytic Capita-$162,281$24,178$186,459
Daniel McdonaldSenior Business Development OfficerFT$148,953$15,199$164,152
Grayton HuangControllerFT$142,594$14,828$157,422
Pamela MerchantBoard Member/consultant-$4,600-$4,600

Board Members and Trustees

NameTitle
Anita AddisonBoard Chair
Andy MadeiraBoard Member
Bhavani DaryananiBoard Member
Caroyn JohnsonBoard Member
Estella SanchezBoard Member
Luisa MedinaBoard Member
Nikki BeasleyBoard Member
Patricia GopaulBoard Member
Bryan IgnozziBoard Member (thru 1/1/24)
Luis RodriguezBoard Member (thru 6/1/24)
David ElsaesserSecretary
John ChanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
45 Lincoln QsfLegal Services403 HOLIDAY COURT, Warrenton, VA 20186$133,199
The Norfus FirmHr And Dei ConsultingPOB 11177, Miami, FL 33101$115,569
Nixon PeabodyLegal Services300 S GRAND AVE 4100, Los Angeles, CA 90071$102,584
Revenue and Support

Revenue Composition

Contributions and Grants
$17,580,905
Program Service Revenue
$5,594,997
Investment Income
$1,441,430
Other Revenue
$5,000
All Other Contributions
$16,040,175
Change in Net Assets
$8,043,422

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,585,092
Revenue Not Reported on Financial Statements
$37,240
Revenue Not Reported on Form 990
$3,753,488
Total Revenue per Audited Statements
$28,338,580
Total Revenue per Form 990
$24,622,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,766,665
Salaries, Compensation, and Employee Benefits$5,683,657
Total Fundraising Expense$393,537
Grants and Similar Amounts Paid$128,588
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,643,730$431,684$95,744$4,171,158
Interest$1,808,376--$1,808,376
Fees for Services Other$715,245$47,394$53,216$815,855
Current Officers, Directors, Trustees, and Key Employees$317,389$144,268$115,414$577,071
Other Employee Benefits$345,003$40,859$9,031$394,893
Information Technology$307,776$43,142$20,192$371,110
Occupancy$319,742$33,963$9,896$363,601
Payroll Taxes$294,593$41,949$14,848$351,390
Office Expenses$190,278$5,379$4,357$200,014
Pension Plan Contributions$163,278$20,601$5,266$189,145
Fees for Services Legal$79,103$89,941$9,097$178,141
Grants to Domestic Orgs$128,588--$128,588
Insurance$74,023$40,165$1,754$115,942
Fees for Services Accounting$25,547$81,999$9$107,555
Advertising$22,515$3,276$26,523$52,314
Travel$31,969$5,182$14,846$51,997
Conferences and Meetings$29,781$15,348$6,028$51,157
Depreciation Depletion$39,492$5,578$2,026$47,096
Fees for Service Investment Mgmnt Fees-$37,240-$37,240
All Other Expenses$15,790$551$4,668$21,009
Other Expenses$8,975$5,743$622$15,340
Total Functional Expenses$15,091,111$1,094,262$393,537$16,578,910

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,881,673
Total Expenses per Form 990$16,578,910
Expenses per Audited Statements$16,541,670
Expenses Not Reported on Form 990$340,003
Expenses Not Reported on Financial Statements$37,240
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
REVOLUTIONARY ECONOMY FOR ALL LOCAL PEOPLE'S FUNDSan Francisco, CA501(c)(3)General Operating Support$57,038
First Nations Development InstituteLongmont, CA501(c)(3)General Operating Support$35,775
SOGOREA TE' LAND TRUSTOakland, CA501(c)(3)General Operating Support$35,775
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$20,000$20,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held in Trust$2,609,707
Operating Lease Liability$955,980
Other Liabilities$42,744
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
Yes
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

All board members received a copy of the form 990 before it was filed. Board members were encouraged to review the form 990 and forward their questions to the vice president of finance or to community vision's accounting firm who addressed these questions. The finance committee reviewed the form in detail prior to filing and recommended the filing of the return to the full board of directors.

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

All staff and board members complete a disclosure form annually. Discussion and disclosure are included in regular board and committee meetings, as appropriate. If an actual conflict exists, the person involved is to recuse themselves from taking action on the transaction.

Form 990, Part VI, Section B, Line 15

The management team led by the president reviews salary information for similar positions at other nonprofit and community development financial institutions. This group recommends salary ranges based on comparable data and obtains approval for those ranges from the executive committee of the board of directors. All discussions are documented contemporaneously and a record of the decisions are maintained in the organization's files. The board of directors reviews the performance of the president and approves the compensation for that position based on comparable data from similar organization.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request for the same period of time set forth in sec. 6104(d).

Filing and Contact Details

Filer

Filer Name
Community Vision Capital & Consulting
EIN
94-3032394
Phone
4153928215
Address
870 MARKET STREET 677, SAN FRANCISCO, CA 94102

Signing Officer

Name
Wil O Mendoza
Title
Vice President of Finance
Phone
4153928215
Signed
2025-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Howard
Formed
1987
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
10
Employees
46
Volunteers
26

Preparer

Firm
Hood & Strong Llp
Address
2580 N 1ST ST STE 460, SAN JOSE, CA 95131
Preparer
Maga E Kisriev
Phone
4089988400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Grants adjustment 10,000.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes on related income under section 501(c)(3) of the internal revenue code and from california franchise and/or income taxes under section 23701d of the california revenue and taxation code. As of september 30, 2024, management evaluated the organization's tax positions and concluded that the organization had maintained its tax-exempt status and had taken no uncertain tax positions that require adjustment to or disclosure in the consolidated financial statements.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Grants adjustment -10,000.

Raw XML AppendixShowing 400 of 1,153 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
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01794330
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IRS990/AccountsReceivableGrp/EOYAmt0654546
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING FINANCING AND FINANCIAL EXPERTISE TO STRENGTHEN LOW-INCOME COMMUNITIES.
IRS990/AdvertisingGrp/FundraisingAmt026523
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03276
IRS990/AdvertisingGrp/ProgramServicesAmt022515
IRS990/AdvertisingGrp/TotalAmt052314
IRS990/AllOtherContributionsAmt016040175
IRS990/AllOtherExpensesGrp/FundraisingAmt04668
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0551
IRS990/AllOtherExpensesGrp/ProgramServicesAmt015790
IRS990/AllOtherExpensesGrp/TotalAmt021009
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0WIL O MENDOZA
IRS990/BooksInCareOfDetail/PhoneNum04153928215
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0870 MARKET ST SUITE 677
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094102
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/CollectionsOfArtInd00
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WARRENTON
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1THE NORFUS FIRM
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2NIXON PEABODY
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1HR AND DEI CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc2LEGAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt017580905
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IRS990/CYTotalRevenueAmt024622332
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IRS990/DeferredRevenueGrp/BOYAmt05029824
IRS990/DeferredRevenueGrp/EOYAmt03925228
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt02026
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05578
IRS990/DepreciationDepletionGrp/ProgramServicesAmt039492
IRS990/DepreciationDepletionGrp/TotalAmt047096
IRS990/Desc0CAPITAL SOLUTIONS: SINCE 1987, COMMUNITY VISION HAS MADE 683 LOANS TOTALING $348 MILLION TO NONPROFITS AND SOCIAL ENTERPRISES SERVING DISINVESTED COMMUNITIES IN NORTHERN AND CENTRAL CALIFORNIA, LEVERAGING OVER $1.99 BILLION IN ADDITIONAL PROJECT FUNDING. THESE LOANS HAVE HELPED CREATE OR PRESERVE 7,733 AFFORDABLE HOUSING UNITS FOR LOW-INCOME FAMILIES AND INDIVIDUALS, AND FINANCED OVER 5.2 MILLION SQUARE FEET OF NEIGHBORHOOD-SERVING COMMERCIAL AND RESIDENTIAL SPACE. THESE LOANS HAVE ALSO HELPED CREATE OR PRESERVE 26,494 PERMANENT AND CONSTRUCTION JOBS, AND HELPED FINANCE PROJECTS BY ORGANIZATIONS THAT SERVE OVER 1.8 MILLION INDIVIDUALS. AT THE END OF FY24, COMMUNITY VISION MANAGED A PORTFOLIO OF 104 LOANS WORTH $92.8 MILLION TO 92 ORGANIZATIONS. DURING FY24, COMMUNITY VISION CLOSED 34 LOANS TOTALING $31 MILLION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt09019331
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05770012
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt046
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt011588502
IRS990/FamilyOrBusinessRlnInd00
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IRS990/MissionDesc0COMMUNITY VISION CAPITAL & CONSULTING PROMOTES ECONOMIC JUSTICE AND ALLEVIATES POVERTY BY INCREASING THE FINANCIAL RESILIENCE AND SUSTAINABILITY OF COMMUNITY-BASED NONPROFITS AND ENTERPRISES. THROUGH FLEXIBLE FINANCIAL PRODUCTS AND SOUND ADVICE, WE CREATE OPPORTUNITIES TO MAKE SOCIALLY RESPONSIBLE INVESTMENTS THAT REVITALIZE NORTHERN CALIFORNIA COMMUNITIES.
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