NonprofitsSo Cal Cdc

Community Improvement & Capacity Building

So Cal Cdc

MISSION HILLS, CA

Total revenue

$1.1M

Total expenses

$1.2M

Net assets

$213K

Grants received

EIN

272790053

Tax year

2023

Mission

So cal cdc is a certified development company with the u.s. Small business administration. The organization specializes in below market, fixed rate financing for commercial and industrial projects through the sba 504 loan program. So cal cdc assists small businesses to receive the opportunity of financing their expansion projects with attractive rates and terms. The financing can be used for the purchase and/or development of land and building for business purposes.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.1M
Investment income$16
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$932K
Fundraising
Other expenses$261K
Total expenses$1.2M
Total assets$220K
Net assets$213K

People

10 listed

NameRoleCompensation

RENE CERVANTES

DIRECTOR

Board

5 hrs/wk

OSCAR MONTEAGUDO

CHAIRMAN

Board

5 hrs/wk

SCOTT WENRICH

DIRECTOR

Board

5 hrs/wk

MARTIN RODRIGUEZ

DIRECTOR

Board

5 hrs/wk

ALEX EBKARIAN

DIRECTOR

Board

5 hrs/wk

FRANCISCO NAVAS

DIRECTOR

Board

5 hrs/wk

ROY JASSO

SECRETARY

Board

5 hrs/wk

JONATHAN LOPEZ

DIRECTOR

Board

5 hrs/wk

SILVERIO ROBLEDO

PRESIDENT

Staff

$170K

40 hrs/wk

PAOLA MACCHIAVELLO

SECRETARY

Staff

$147K

40 hrs/wk

Details

EIN272790053
NTEE codeS30
Subsection03
Ruling date2016-08
Formed2010
Employees9
Volunteers0
SO CAL CDC — Mission, Financials & Grants Received | Grantivo