NonprofitsPacific Coast Regional Urban Small Business Development Corporation

Community Improvement & Capacity Building

Pacific Coast Regional Urban Small Business Development Corporation

LOS ANGELES, CA

Total revenue

$5.2M

Total expenses

$5.1M

Net assets

$18.2M

Grants received

$587K

7 grants

EIN

953182187

Tax year

2023

Mission

See schedule o

Programs

3 programs

Metro bifthe organization is contracted to provide administrative services on behalf of the los angeles county metropolitan transportation authority ("metro") business interruption fund ("bif"). The metro bif program provides grant funds to owners of small businesses that are directly impacted by metro construction activities. As of june 30, 2020, the organization had administered the disbursement of $28,372,051 of metro bif grant funds to qualifying grantees.

Expenses: $1.2M

Small business development center (sbdc)the organization hosts a service center within the us small business administration's small business development center (sbdc) network. Through this program, the organization provides counseling and training services to small business owners.

Expenses: $945K

Other program services primarily consist of other financial (i.e. Direct lending, loan underwriting, loan servicing) and educational services to underserved small business persons and communities.

Expenses: $1.0M

Financials

FY 2023

Revenue

Contributions & grants$2.5M
Program service revenue$2.6M
Investment income$67K
Other revenue
Total revenue$5.2M

Expenses

Grants paid
Salaries & benefits$3.6M
Fundraising
Other expenses$1.6M
Total expenses$5.1M
Total assets$28.7M
Net assets$18.2M

People

8 listed

NameRoleCompensation

MARK ROBERTSON SR

PRESIDENT, CEO

Board

$235K

40 hrs/wk

HAROLD HART-NIBBRIG

SECRETARY

Board

$70K

18 hrs/wk

DRUCILLA GARCIA-RICHARDSON

VICE CHAIR

Board

2 hrs/wk

JAMES D HICKEN

BOARD MEMBER

Board

2 hrs/wk

KAREN A CLARK

TREASURER

Board

2 hrs/wk

TENZER CUNNINGHAM

BOARD MEMBER

Board

2 hrs/wk

SERGIO SEPULVEDA

BOARD MEMBER

Board

2 hrs/wk

DAVID ROSS

CHAIRMAN

Board

2 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$15K
GRANT FOR BUSINESS SUPPORT ORGANIZATION
2024
$25K
ECONOMIC OPPORTUNITY
2023
$200K
ADVISED - FOR SUPPORTING SMALL BUSINESS THROUGH MODERNIZING INFRASTRUCTURE FOR REPORTING, EVALUATION, AND LEARNING TO BETTER SUPPORT YOUR LOCAL COMMUNITY.
2020
$197K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020

Funded by

$587K from 7 funders · 7 grants · 2020–2024

The San Francisco Foundation

$200K · 1 grant · 2020

Jpmorgan Chase Foundation

$197K · 1 grant · 2020

California Community Foundation

$25K · 1 grant · 2023

Common Future

$15K · 1 grant · 2024

Details

EIN953182187
NTEE codeS43Z
Subsection03
Ruling date1981-10
Formed1977
Employees46
Volunteers31
PACIFIC COAST REGIONAL URBAN SMALL BUSINESS DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo