Civic Intelligence

The Mortgage Capital Development Corporation

990 • Fiscal year 2020 • EIN 94-3247824

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 03, 2021

Organization ProfileWWW.TMCFINANCING.COM

View Organization Page

1720 BroadwayOakland, CA 94612-2137

(415) 989-8855

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

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

2020 filings • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

7.83x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Source year 2020

Net Margin

49th percentile

3.8%

Higher net margin than 49% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$1,001,149

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2020 filings • $100M-$250M nonprofits • Source year 2020

Asset Growth

100th percentile

906%

Faster asset growth than 100% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

11%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$118,018,125

Up $106,288,856 (+906%) from 2019

Net Assets

Up

$9,114,763

Up $522,383 (+6.1%) from 2019

Liabilities

Up

$108,903,362

Up $105,766,473 (+3372%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin49th percentile

Revenue

Up

$13,911,258

Up $1,365,016 (+11%) from 2019

Expenses

Up

$13,388,875

Up $2,322,043 (+21%) from 2019

Net Income

Down

$522,383

Down $957,027 (-65%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$150M$100M$50M$0Assets 2010: $7,582,294Liabilities 2010: $3,805,642Net Assets 2010: $3,776,6522010Assets 2011: $8,555,452Liabilities 2011: $4,857,711Net Assets 2011: $3,697,7412011Assets 2012: $8,677,335Liabilities 2012: $4,951,127Net Assets 2012: $3,726,2082012Assets 2013: $6,656,335Liabilities 2013: $2,829,034Net Assets 2013: $3,827,3012013Assets 2014: $6,310,509Liabilities 2014: $1,854,786Net Assets 2014: $4,455,7232014Assets 2015: $6,328,700Liabilities 2015: $1,844,780Net Assets 2015: $4,483,9202015Assets 2016: $6,900,572Liabilities 2016: $2,251,033Net Assets 2016: $4,649,5392016Assets 2017: $8,022,974Liabilities 2017: $2,509,816Net Assets 2017: $5,513,1582017Assets 2018: $9,825,335Liabilities 2018: $2,712,365Net Assets 2018: $7,112,9702018Assets 2019: $11,729,269Liabilities 2019: $3,136,889Net Assets 2019: $8,592,3802019Assets 2020: $118,018,125Liabilities 2020: $108,903,362Net Assets 2020: $9,114,7632020Assets 2021: $77,426,961Liabilities 2021: $62,839,952Net Assets 2021: $14,587,0092021Assets 2022: $21,214,459Liabilities 2022: $6,813,765Net Assets 2022: $14,400,6942022Assets 2023: $22,477,678Liabilities 2023: $7,640,799Net Assets 2023: $14,836,8792023Assets 2024: $24,782,264Liabilities 2024: $9,806,680Net Assets 2024: $14,975,5842024

Highlighted filing

2020

Assets$118,018,125
Liabilities$108,903,362
Net Assets$9,114,763
Open 2020 Filing

Operations Trend

Revenue Growth74th percentile

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

$30M$20M$10M$0Expenses 2010: $7,932,2442010Expenses 2011: $9,134,3842011Revenue 2012: $9,549,904Expenses 2012: $9,521,437Net Income 2012: $28,4672012Expenses 2013: $10,125,4602013Revenue 2014: $10,133,758Expenses 2014: $9,505,336Net Income 2014: $628,4222014Revenue 2015: $10,555,909Expenses 2015: $10,403,029Net Income 2015: $152,8802015Revenue 2016: $10,856,690Expenses 2016: $10,691,071Net Income 2016: $165,6192016Revenue 2017: $11,196,256Expenses 2017: $10,332,637Net Income 2017: $863,6192017Revenue 2018: $11,968,054Expenses 2018: $10,368,242Net Income 2018: $1,599,8122018Revenue 2019: $12,546,242Expenses 2019: $11,066,832Net Income 2019: $1,479,4102019Revenue 2020: $13,911,258Expenses 2020: $13,388,875Net Income 2020: $522,3832020Revenue 2021: $21,275,511Expenses 2021: $15,735,299Net Income 2021: $5,540,2122021Revenue 2022: $19,772,313Expenses 2022: $19,341,008Net Income 2022: $431,3052022Revenue 2023: $21,879,934Expenses 2023: $21,499,419Net Income 2023: $380,5152023Revenue 2024: $24,303,783Expenses 2024: $23,926,074Net Income 2024: $377,7092024

Highlighted filing

2020

Revenue$13,911,258
Expenses$13,388,875
Net Income$522,383
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 3, 2021
Return Version
2019v5.2
Gross Receipts
$13,911,258
Mission and Program Overview

Mission

As a certified development company, the organizations primary purpose is to assist small businesses and individuals in acquiring loans from the u.s. Small business association (sba), and to then monitor those loans on behalf of the sba.

As a certified development company, the organization's primary purpose is to assist small businesses and individuals in acquiring sba loans and then to monitor those loans on behalf of the sba.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,972,241$9,520,503▲ $5,548,262
Accounts Receivable$4,033,889$4,202,019▲ $168,130
Savings and Temporary Cash Investments$2,527,427$1,749,743▼ $777,684
Prepaid Expenses and Deferred Charges$154,850$202,338▲ $47,488
Land, Buildings, and Equipment, Net$178,591$127,296▼ $51,295
Total Assets$11,729,269$118,018,125▲ $106,288,856
Other Assets Total$862,271$102,216,226▲ $101,353,955
Liabilities
Unsecured Notes Loans Payable-$105,096,762-
Other Liabilities$1,749,546$2,015,068▲ $265,522
Accounts Payable and Accrued Expenses$1,387,343$1,791,532▲ $404,189
Total Liabilities$3,136,889$108,903,362▲ $105,766,473
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,592,380$9,114,763▲ $522,383
Total Net Assets Fund Balance$8,592,380$9,114,763▲ $522,383
Total Liabilities and Net Assets / Fund Balance$11,729,269$118,018,125▲ $106,288,856

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$73,623$164,886$238,509
Leasehold Improvements$45,984$91,431$137,415
Other Land Buildings$7,689$69,555$77,244
Other Assets Org$101,586,970--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara MorrisonPresidentFT$669,042$332,107$1,001,149
Kurt ChamblissExecutive VPFT$196,757$320,638$517,395
Jennifer DavisBus Dev OfficerFT$120,000$292,990$412,990
Ray MonhanCOO (to 8/2020)FT$242,655$88,331$330,986
Mike VanecekCFOFT$227,167$92,895$320,062
ANNA O'BRIENBus Dev OfficerFT$90,000$207,693$297,693
James AvezedoBus Dev OfficerFT$125,000$163,030$288,030
Bruce WhitakerBus Dev OfficerFT$110,000$159,612$269,612
Chris HunterBus Dev OfficerFT$70,834$124,070$194,904
Gail GoldmanBoard Member (to 2/20)-$4,050-$4,050
David NeagleBoard Member-$3,900-$3,900
Kelly LaroccaTreasurer/secretary-$3,635-$3,635
Arthur WashingtonBoard Member-$3,620-$3,620
Dana MandolesiBoard Member (to 2/20)-$3,600-$3,600
Neil MckinnonChairman-$3,150-$3,150
Dave GriffisBoard Member-$2,400-$2,400
Jennifer F RaikeBoard Member (to 2/20)-$2,100-$2,100
Scott ManivongVice Chair-$2,100-$2,100
Anthony BurneyBoard Member (to 10/19)-$900-$900
Kenneth G JohnsonBoard Member (to 2/20)-$240-$240

Board Members and Trustees

NameTitle
David HofmannBoard Member
Ian McdanielBoard Member
Ted UplandBoard Member
Dj KurtzeBoard Member (from 2/20)
Jennifer EltingeBoard Member (from 2/20)
Gregg MitchellCOO (from 4/2020)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,765,537
Investment Income
$30,975
Other Revenue
$114,746
Change in Net Assets
$522,383

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,911,258
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,911,258
Total Revenue per Form 990
$13,911,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,783,034
Other Expenses$2,923,902
Grants and Similar Amounts Paid$681,939
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,745,368$1,255,477-$6,000,845
Current Officers, Directors, Trustees, and Key Employees$1,938,260$539,436-$2,477,696
Grants to Domestic Orgs$681,939--$681,939
Other Employee Benefits$402,561$167,379-$569,940
All Other Expenses$462,902$53,306-$516,208
Payroll Taxes$361,701$150,238-$511,939
Occupancy$303,281$49,905-$353,186
Pension Plan Contributions$157,237$65,377-$222,614
Other Expenses$214,973$46,686-$214,973
Advertising$147,532--$147,532
Insurance$111,639$18,370-$130,009
Depreciation Depletion$91,435$15,046-$106,481
Fees for Services Other-$96,685-$96,685
Information Technology$80,384$13,227-$93,611
Office Expenses$77,345$12,727-$90,072
Total Functional Expenses$10,905,016$2,483,859$0$13,388,875

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,388,875
Total Expenses per Audited Statements$13,388,875
Total Expenses per Form 990$13,388,875
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tmc Community CapitalOakland, CA501(c)(3)Working Capital & Grant Program$675,000
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
ANNA O'BRIENFamily Member of Director and OfficerEmployee Compensation (includes Benefits and Retirement Contributions)No$297,693
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$1,084,780
Client Deposits$763,332
Deferred Rent, Net of Current Portion$74,242
Liabilities for Loan Losses$63,551
Current Portion of Deferred Rent$29,163
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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

“Form 990 is prepared by an independent cpa firm in conjunction with the organization's chief financial officer. A draft of form 990 is reviewed by the chief financial officer, and any corrections or modifications are made by the outside cpa. The revised draft is then reviewed by the board of directors. Any concerns that the board of directors have are raised with the cpa firm and a consensus is achieved. The return is then finalized and electronically filed with the taxing authorities.”

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

“Board members, officers and key employees must annually complete a schedule to disclose all potentially conflicting transactions.”

Form 990, Part VI, Section B, Line 15

“The compensation committee reviews comparative tax returns and industry surveys to establish the compensation for the executive director and officers.”

Form 990, Part VI, Section C, Line 18

“The organization relies upon guidestar and foundationcenter.org to publish the return on the internet.”

Form 990, Part VI, Section C, Line 19

“Tmc development makes form 990 available upon request.”

Filing and Contact Details

Filer

Filer Name
The Mortgage Capital Development
EIN
94-3247824
Phone
4159898855
Address
1720 BROADWAY, OAKLAND, CA 94612-2137

Signing Officer

Name
Mike Vanecek
Title
CFO
Phone
4159898855
Signed
2021-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Morrison
Formed
1996
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
12
Employees
48
Volunteers
0

Preparer

Firm
Bpm Llp
Address
4200 BOHANNON DRIVE SUITE 250, MENLO PARK, CA 94025-1021
Preparer
Carolyn R Amster
Phone
6508556800
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The full board now approves audited financial statements and tax returns.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal and california income tax under section 501(c)(4) of the internal revenue code and section 23701f of the california revenue and taxation code. Accordingly, the organization has paid no income taxes and the financial statements include no provision for income taxes. The organization follows fasb asc 740-10, accounting for uncertainty in income taxes. The tax years of 2016 through 2018 remain open.”

Raw XML AppendixShowing 400 of 743 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/BOYAmt01387343
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01791532
IRS990/AccountsReceivableGrp/BOYAmt04033889
IRS990/AccountsReceivableGrp/EOYAmt04202019
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AS A CERTIFIED DEVELOPMENT COMPANY, THE ORGANIZATION'S PRIMARY PURPOSE IS TO ASSIST SMALL BUSINESSES AND INDIVIDUALS IN ACQUIRING SBA LOANS AND THEN TO MONITOR THOSE LOANS ON BEHALF OF THE SBA.
IRS990/AdvertisingGrp/ProgramServicesAmt0147532
IRS990/AdvertisingGrp/TotalAmt0147532
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt053306
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0462902
IRS990/AllOtherExpensesGrp/TotalAmt0516208
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0BARBARA MORRISON
IRS990/BooksInCareOfDetail/PhoneNum04159898855
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01720 BROADWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0OAKLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0946122137
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03972241
IRS990/CashNonInterestBearingGrp/EOYAmt09520503
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0539436
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt01938260
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02477696
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0681939
IRS990/CYInvestmentIncomeAmt030975
IRS990/CYOtherExpensesAmt02923902
IRS990/CYOtherRevenueAmt0114746
IRS990/CYProgramServiceRevenueAmt013765537
IRS990/CYRevenuesLessExpensesAmt0522383
IRS990/CYSalariesCompEmpBnftPaidAmt09783034
IRS990/CYTotalExpensesAmt013388875
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013911258
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt015046
IRS990/DepreciationDepletionGrp/ProgramServicesAmt091435
IRS990/DepreciationDepletionGrp/TotalAmt0106481
IRS990/Desc0THE ORGANIZATION CONTRIBUTES TO THE ECONOMIC DEVELOPMENT OF ITS REGION BY WORKING WITH THE SBA AND PRIVATE-SECTOR LENDERS TO PROVIDE FINANCING TO SMALL BUSINESSES. THE ORGANIZATION ASSISTS SMALL BUSINESSES IN GAINING ACCESS TO LONG-TERM FIXED RATE FINANCING FOR THE PURCHASE OF MAJOR FIXED ASSETS SUCH AS LAND AND BUILDINGS. THE PROGRAM IS DESIGNED TO ENABLE SMALL BUSINESSES TO CREATE AND RETAIN JOBS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt048
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt010905016
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt096685
IRS990/FeesForServicesOtherGrp/TotalAmt096685
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2540.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16168767
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1725946
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1817773
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1922666
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2121621
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2211937
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2323283
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2417787
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2517442
IRS990/Form990PartVIISectionAGrp/PersonNm0ANTHONY BURNEY
IRS990/Form990PartVIISectionAGrp/PersonNm1ARTHUR WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm2DANA MANDOLESI
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVE GRIFFIS
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID HOFMANN
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID NEAGLE
IRS990/Form990PartVIISectionAGrp/PersonNm6DJ KURTZE
IRS990/Form990PartVIISectionAGrp/PersonNm7GAIL GOLDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8JENNIFER ELTINGE
IRS990/Form990PartVIISectionAGrp/PersonNm9JENNIFER F RAIKE
IRS990/Form990PartVIISectionAGrp/PersonNm10KELLY LAROCCA
IRS990/Form990PartVIISectionAGrp/PersonNm11KENNETH G JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm12NEIL MCKINNON
IRS990/Form990PartVIISectionAGrp/PersonNm13SCOTT MANIVONG
IRS990/Form990PartVIISectionAGrp/PersonNm14TED UPLAND
IRS990/Form990PartVIISectionAGrp/PersonNm15IAN MCDANIEL
IRS990/Form990PartVIISectionAGrp/PersonNm16BARBARA MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm17KURT CHAMBLISS
IRS990/Form990PartVIISectionAGrp/PersonNm18RAY MONHAN
IRS990/Form990PartVIISectionAGrp/PersonNm19MIKE VANECEK
IRS990/Form990PartVIISectionAGrp/PersonNm20GREGG MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm21JAMES AVEZEDO
IRS990/Form990PartVIISectionAGrp/PersonNm22ANNA O'BRIEN
IRS990/Form990PartVIISectionAGrp/PersonNm23BRUCE WHITAKER
IRS990/Form990PartVIISectionAGrp/PersonNm24JENNIFER DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm25CHRIS HUNTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13620
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt74050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt92100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt103635
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt123150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt132100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16832382
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17491449
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18313213
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19297396
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21266409
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22285756
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23246329
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24395203
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25177462
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER (TO 10/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER (TO 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER (FROM 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER (TO 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER (FROM 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER (TO 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER (TO 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE VP
IRS990/Form990PartVIISectionAGrp/TitleTxt18COO (TO 8/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt19CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt20COO (FROM 4/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt21BUS DEV OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BUS DEV OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BUS DEV OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BUS DEV OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BUS DEV OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0681939
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0681939
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0681939
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt013911258
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt023
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013227
IRS990/InformationTechnologyGrp/ProgramServicesAmt080384
IRS990/InformationTechnologyGrp/TotalAmt093611
IRS990/InsuranceGrp/ManagementAndGeneralAmt018370
IRS990/InsuranceGrp/ProgramServicesAmt0111639
IRS990/InsuranceGrp/TotalAmt0130009
IRS990/InvestmentIncomeGrp/ExclusionAmt030975
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030975
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0325872
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0178591
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0127296
IRS990/LandBldgEquipCostOrOtherBssAmt0453168
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AS A CERTIFIED DEVELOPMENT COMPANY, THE ORGANIZATIONS PRIMARY PURPOSE IS TO ASSIST SMALL BUSINESSES AND INDIVIDUALS IN ACQUIRING SBA LOANS AND THEN TO MONITOR THOSE LOANS ON BEHALF OF THE SBA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08592380
IRS990/NetAssetsOrFundBalancesEOYAmt09114763
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08592380
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09114763
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt049905
IRS990/OccupancyGrp/ProgramServicesAmt0303281
IRS990/OccupancyGrp/TotalAmt0353186
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012727
IRS990/OfficeExpensesGrp/ProgramServicesAmt077345
IRS990/OfficeExpensesGrp/TotalAmt090072
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0862271
IRS990/OtherAssetsTotalGrp/EOYAmt0102216226
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0167379
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0402561
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0569940
IRS990/OtherExpensesGrp/Desc0RESERVE FOR DEBENTURE F
IRS990/OtherExpensesGrp/Desc1EQUIPMENT & SOFTWARE LE
IRS990/OtherExpensesGrp/Desc2PPP DEBT FACILTIY INTER
IRS990/OtherExpensesGrp/Desc3REFERRAL FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt046686
IRS990/OtherExpensesGrp/ProgramServicesAmt0531144
IRS990/OtherExpensesGrp/ProgramServicesAmt1283716
IRS990/OtherExpensesGrp/ProgramServicesAmt2313599
IRS990/OtherExpensesGrp/ProgramServicesAmt3214973
IRS990/OtherExpensesGrp/TotalAmt0531144
IRS990/OtherExpensesGrp/TotalAmt1330402
IRS990/OtherExpensesGrp/TotalAmt2313599
IRS990/OtherExpensesGrp/TotalAmt3214973
IRS990/OtherLiabilitiesGrp/BOYAmt01749546
IRS990/OtherLiabilitiesGrp/EOYAmt02015068
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0REFERRAL FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1CA PREMIUM INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt067271
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt147475
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt067271
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt147475
IRS990/OtherRevenueTotalAmt0114746
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01255477
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04745368
IRS990/OtherSalariesAndWagesGrp/TotalAmt06000845
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0150238
IRS990/PayrollTaxesGrp/ProgramServicesAmt0361701
IRS990/PayrollTaxesGrp/TotalAmt0511939
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt065377
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0157237
IRS990/PensionPlanContributionsGrp/TotalAmt0222614
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0154850
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0202338
IRS990/PrincipalOfficerNm0BARBARA MORRISON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN SERVICING FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2PPP LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc3FLOAT INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07068984
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14468896
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21545447
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3682210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07068984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14468896
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21545447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3682210
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0206493
IRS990/PYInvestmentIncomeAmt0101614
IRS990/PYOtherExpensesAmt02495919
IRS990/PYOtherRevenueAmt087217

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,018,125
Liabilities
$108,903,362
Net assets
$9,114,763
Revenue
$13,911,258
Expenses
$13,388,875
Net income
$522,383
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.8$9.81$15.0$24.3$23.9$0.38
2023Detailed filing. Detailed filing data is available for this year.$22.5$7.64$14.8$21.9$21.5$0.38
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$6.81$14.4$19.8$19.3$0.43
2021Detailed filing. Detailed filing data is available for this year.$77.4$62.8$14.6$21.3$15.7$5.54
2020Detailed filing. Detailed filing data is available for this year.$118$109$9.11$13.9$13.4$0.52
2019Detailed filing. Detailed filing data is available for this year.$11.7$3.14$8.59$12.5$11.1$1.48
2018Detailed filing. Detailed filing data is available for this year.$9.83$2.71$7.11$12.0$10.4$1.60
2017Detailed filing. Detailed filing data is available for this year.$8.02$2.51$5.51$11.2$10.3$0.86
2016Detailed filing. Detailed filing data is available for this year.$6.90$2.25$4.65$10.9$10.7$0.17
2015Detailed filing. Detailed filing data is available for this year.$6.33$1.84$4.48$10.6$10.4$0.15
2014Detailed filing. Detailed filing data is available for this year.$6.31$1.85$4.46$10.1$9.51$0.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$2.83$3.83$10.1
2012Summary only. Only limited summary data is available for this year.$8.68$4.95$3.73$9.55$9.52$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.56$4.86$3.70$9.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.58$3.81$3.78$7.93