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Nonprofits›Cdc Small Business Finance Corp

Community Improvement & Capacity Building

Cdc Small Business Finance Corp

ARLINGTON, VA

Website

Total revenue

$31.0M

Total expenses

$29.3M

Net assets

$67.0M

Grants received

$4.5M

12 grants

EIN

953512045

Tax year

2024

Mission

We help build inclusive and equitable communities by providing people access to the capital and opportunities they deserve.

Programs

1 program

Sba section 504 loan program: cdc's primary source of revenue is the servicing and processing of the small business administration's ("sba") 504 loan programs. The 504 loan program provides long-term, fixed rate financing for major fixed assets that promote business growth and job creation.

Expenses: $8.5M

Financials

FY 2024

Revenue

Contributions & grants$1.6M

Program service revenue$13.2M

Investment income$11.4M

Other revenue$4.8M

Total revenue$31.0M

Expenses

Grants paid—

Salaries & benefits$18.4M

Fundraising—

Other expenses$10.9M

Total expenses$29.3M

Total assets$133.4M

Net assets$67.0M

People

30 listed

NameRoleCompensation

GRACE CHIONUMA

DIRECTOR

Board

—

1 hrs/wk

GARY CUNNINGHAM

DIRECTOR

Board

—

1 hrs/wk

JENNIFER SMITH DOLIN

DIRECTOR

Board

—

1 hrs/wk

CASEY FANNON

DIRECTOR

Board

—

1 hrs/wk

PEDRO GOITIA

DIRECTOR

Board

—

1 hrs/wk

GAIL MURKLIN

DIRECTOR

Board

—

1 hrs/wk

TYLOR ORION

DIRECTOR

Board

—

1 hrs/wk

FRANK ROBINSON

DIRECTOR

Board

—

1 hrs/wk

ELLIS CARR

PRESIDENT & CEO

Board

—

20 hrs/wk

DAN VARNER

DIRECTOR

Board

—

1 hrs/wk

NATALIE GUNN

CHIEF FINANCIAL OFFICER

Board

—

20 hrs/wk

JARET DINARD INGS

SENIOR DIRECTOR OF FINANCE

Board

—

20 hrs/wk

KIM DORSETT

CHIEF HUMAN RESOURCE OFFIC

Board

—

20 hrs/wk

BRIAN MCEVOY

GENERAL COUNSEL

Board

—

20 hrs/wk

MATTHEW WEHLAND

CHIEF OPERATING OFFICER

Board

—

20 hrs/wk

KARLA GILL

CHIEF TECHNOLOGY OFFICER

Board

—

20 hrs/wk

TOM TOPUZES

DIRECTOR

Board

—

1 hrs/wk

KURT CHILCOTT

DIRECTOR/CONSULTANT

Board

—

7 hrs/wk

OSWALDO ACOSTA

DIRECTOR

Board

—

1 hrs/wk

RICK BENIITO

DIRECTOR

Board

—

1 hrs/wk

ALAINA BEVERLY

DIRECTOR

Board

—

1 hrs/wk

ERIK CALDWELL

DIRECTOR

Board

—

1 hrs/wk

SHERYL CAMERON

DIRECTOR

Board

—

1 hrs/wk

KENNETH ROSENTHAL

SR ADVISOR FOR LENDING-ED & TRAINING

Staff

$395K

40 hrs/wk

THOMAS BRUNE

PRESIDENT VENTURES LENDING

Staff

$290K

40 hrs/wk

ANDREW ERICKSON

VICE PRESIDENT, SENIOR COM

Staff

$280K

40 hrs/wk

ANTHONY BARENGO

HEAD OF COMMERCIAL REAL ESTATE

Staff

$252K

40 hrs/wk

RANDY SHOOPMAN

VP OF SOFTWARE DEVELOPMENT

Staff

$247K

40 hrs/wk

ERIN HEBERT

HEAD OF OPERATIONS

Staff

$238K

40 hrs/wk

ANDREW MORT

CRE SALES MANAGER

Staff

$228K

40 hrs/wk

Independent contractors

KURT CHILCOTT

RETIREMENT DISBURSEMENTS

$337K

RSI ROOFING

ROOFING

$282K

TODD E KOBERNICK

LEGAL SERVICES

$233K

LIEN SOLUTIONS

LIEN SEARCHES

$114K

Grants received

Showing 12 of 12

FromAmountPurposeYear

CAPITAL IMPACT PARTNERS

$605K

FOR CAPACITY BUILDING AND BUSINESS GROWTH

2024

MISSION ECONOMIC DEVELOPMENT AGENCY

$35K

SMALL BUSINESS COALITION FOR RACIAL JUSTICE

2024

CAPITAL IMPACT PARTNERS

$2.5M

FOR CAPACITY BUILDING AND BUSINESS GROWTH

2023

MISSION ECONOMIC DEVELOPMENT AGENCY

$35K

SMALL BUSINESS COALITION FOR RACIAL JUSTICE

2023

THE SAN DIEGO FOUNDATION

$19K

SCHOLARSHIP FOR TUITION, BOOKS AND FEES

2023

CAPITAL IMPACT PARTNERS

$998K

TO WIDEN CREDIT ACCESS TO BIPOC OWNED BUSINESSES THROUGH ALTERNATIVE LENDING

2022

THE SAN DIEGO FOUNDATION

$35K

SCHOLARSHIP FOR TUITION, BOOKS, AND FEES

2022

The Bank of America Charitable Foundation Inc

$20K

PROGRAM/OPERATING SUPPORT

2022

The Bank of America Charitable Foundation Inc

$20K

PROGRAM/OPERATING SUPPORT

2022

Banc of California Charitable Foundation

$10K

THE PURPOSE OF THIS GRANT IS TO SUPPORT ECONOMIC DEVELOPMENT PROGRAMS

2022

CAPITAL IMPACT PARTNERS

$231K

OPEN FOR BUSINESS FUNDING

2021

THE SAN DIEGO FOUNDATION

$22K

FOR SCHOLARSHIP FOR TUITION, BOOKS, AND FEES

2021

Funded by

$4.5M from 5 funders · 12 grants · 2021–2024

Capital Impact Partners

$4.3M · 4 grants · 2021–2024

The San Diego Foundation

$75K · 3 grants · 2021–2023

Mission Economic Development Agency

$70K · 2 grants · 2023–2024

The Bank of America Charitable Foundation Inc

$40K · 2 grants · 2022

Banc of California Charitable Foundation

$10K · 1 grant · 2022

Details

EIN953512045

NTEE codeS30

Subsection03

Ruling date2021-02

Formed1978

Employees169

Volunteers0