NonprofitsSmall Business Development Corporation Of Orange County

Community Improvement & Capacity Building

Small Business Development Corporation Of Orange County

RIVERSIDE, CA

Total revenue

$3.0M

Total expenses

$2.4M

Net assets

$4.7M

Grants received

$40K

2 grants

EIN

912154838

Tax year

2024

Mission

To provide financial assistance to small businesses. The organization is primarily involved in economic development lending activities providing state loan guarantees and other direct capital access programs.

Financials

FY 2024

Revenue

Contributions & grants$81K
Program service revenue$2.8M
Investment income$72K
Other revenue$18K
Total revenue$3.0M

Expenses

Grants paid$22K
Salaries & benefits$2.1M
Fundraising
Other expenses$347K
Total expenses$2.4M
Total assets$5.9M
Net assets$4.7M

People

16 listed

NameRoleCompensation

MICHAEL OCASIO

CEO

Board

$394K

40 hrs/wk

JIM ELY

PRESIDENT

Board

$312K

40 hrs/wk

CARRIE MILLER

CHIEF FINANCIAL OFFICER

Board

$205K

40 hrs/wk

ERIC BELL

DIRECTOR

Board

1 hrs/wk

JOHNNY THOMAS

DIRECTOR

Board

1 hrs/wk

CATHERINE NGUYEN

DIRECTOR

Board

1 hrs/wk

GIL KEINAN

DIRECTOR

Board

1 hrs/wk

MICHAEL KARR

DIRECTOR

Board

1 hrs/wk

CASSAUNDRA JOHNSON

TREASURER

Board

2 hrs/wk

THANH PHAM

CHAIRMAN

Board

2 hrs/wk

PABLO OCASIO

VICE CHAIRMAN

Board

2 hrs/wk

LARRY TRUJILLO

SECRETARY

Board

2 hrs/wk

NESTOR CORREA

SR VICE PRES COMMERCIAL LE

Staff

$258K

40 hrs/wk

RICHARD LEE

SR VICE PRES COMMERCIAL LE

Staff

$238K

40 hrs/wk

MARIA LOPEZ

CHIEF OPERATION OFFICER

Staff

$144K

40 hrs/wk

EDDIE NEVAREZ

CREDIT ANALYST

Staff

$102K

40 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$20K
Entrepreneur Loan Fund
2023
$20K
Entrepreneur Loan Fund
2022

Funded by

$40K from 1 funder · 2 grants · 2022–2023

Comerica Charitable Foundation

$40K · 2 grants · 2022–2023

Details

EIN912154838
NTEE codeS30
Subsection03
Ruling date2002-10
Formed2001
Employees7
Volunteers0
SMALL BUSINESS DEVELOPMENT CORPORATION OF ORANGE COUNTY — Mission, Financials & Grants Received | Grantivo