NonprofitsCalifornia Coastal Rural Development Corporation

Community Improvement & Capacity Building

California Coastal Rural Development Corporation

SALINAS, CA

Total revenue

$6.8M

Total expenses

$3.4M

Net assets

$12.4M

Grants received

EIN

940276025

Tax year

2023

Mission

California coastal rural development corporation is dedicated to providing financing to small farmers and businesses throughout california. Our mission is to assist these enterprises to grow, thrive and prosper enabling the overall economic development of our underserved communities.

Programs

4 programs

Direct loan program-make direct loans to small farm operators utilizing usda farm services agency loan guarantees.

Intermediate relending program-provides relending to small businesses that manufacture or provide services in small cities

Small business assitance-provides lending and technical assistance to small businesses through the u.s. Small business administration microlending program

Nad bank program makes direct loans to commercial enterprises located in areas impacted by the north american free trade agreement utilizing u.s.d.a.'s business and industry loan guarantee program

Financials

FY 2023

Revenue

Contributions & grants$3.3M
Program service revenue$3.4M
Investment income
Other revenue$26K
Total revenue$6.8M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising
Other expenses$1.6M
Total expenses$3.4M
Total assets$20.3M
Net assets$12.4M

People

16 listed

NameRoleCompensation

LEE TAKIKAWA

PRESIDENT

Board

$238K

40 hrs/wk

ROY ROBBINS

CHAIRMAN & CFO

Board

$5K

2.5 hrs/wk

JEFF RAWLINGS

MEMBER

Board

$2K

2.5 hrs/wk

DANNY BRAGA

MEMBER

Board

$2K

2.5 hrs/wk

JUAN BATISTA

MEMBER

Board

$2K

2.5 hrs/wk

CLAY APPLETON

MEMBER

Board

$2K

2.5 hrs/wk

LOUIE VALENZUELA

MEMBER

Board

$2K

2.5 hrs/wk

TED CAGAT

VICE CHAIR & DIRECTOR

Board

$2K

2.5 hrs/wk

MAEDA PALIUS

MEMBER

Board

$2K

2.5 hrs/wk

CINDY MERZON

DIRECTOR

Board

$1K

2.5 hrs/wk

SEBASTIAN GUILLEN

MEMBER

Board

$800

2.5 hrs/wk

JOHN MOSKAL

MEMBER

Board

2.5 hrs/wk

DAVID DICKINSON

CHIEF LENDER OFFICER

Staff

$120K

40 hrs/wk

FRED MADISON

CONTROLLER

Staff

$120K

40 hrs/wk

ERICH KORTZ

SM LOAN OFFICER

Staff

$109K

40 hrs/wk

LOREE VAN BEBBER

MEMBER/MARKETING MANAGER

Staff

$100K

40 hrs/wk

Details

EIN940276025
NTEE codeS30
Subsection03
Ruling date1982-11
Formed1982
Employees15
Volunteers24
CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo