NonprofitsThe Mortgage Capital Development Company

The Mortgage Capital Development Company

OAKLAND, CA

Total revenue

$24.3M

Total expenses

$23.9M

Net assets

$15.0M

Grants received

EIN

943247824

Tax year

2023

Mission

As a certified development company, the organization's primary purpose is to (cont'd on sch o) assist small businesses and individuals in acquiring sba loans and then to monitor those loans on behalf of the sba.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$24.0M
Investment income$239K
Other revenue$97K
Total revenue$24.3M

Expenses

Grants paid$192K
Salaries & benefits$17.8M
Fundraising
Other expenses$5.9M
Total expenses$23.9M
Total assets$24.8M
Net assets$15.0M

People

25 listed

NameRoleCompensation

BARBARA MORRISON

PRESIDENT/CEO

Board

$1.1M

40 hrs/wk

KURT CHAMBLISS

EXECUTIVE VP BUSINESS DEV.

Board

$620K

40 hrs/wk

MIKE VANECEK

CFO / CIO

Board

$455K

40 hrs/wk

GREGG MITCHELL

COO

Board

$358K

40 hrs/wk

KELLY LAROCCA

VICE CHAIR/TREAS/SEC (THRU FEB)

Board

$3K

0.1 hrs/wk

DANIEL FUJIMOTO

BOARD MEMBER

Board

$3K

0.1 hrs/wk

DJ KURTZE

CHAIR/VICE CHAIR

Board

$3K

0.1 hrs/wk

DAVE GRIFFIS

BOARD MEMBER (THRU JAN)

Board

$2K

0.1 hrs/wk

DAVID HOFMANN

BOARD MEMBER

Board

$2K

0.1 hrs/wk

SCOTT MANIVONG

CHAIR (THRU JAN)

Board

$2K

0.1 hrs/wk

ARTUR WASHINGTON

BOARD MEMBER

Board

$2K

0.1 hrs/wk

THOMAS CHAVEZ

TREAS/SEC (AS OF FEB)

Board

$2K

0.1 hrs/wk

JENNIFER ELTINGE

BOARD MEMBER

Board

$1K

0.1 hrs/wk

JAMES CHEUNG

BOARD MEMBER

Board

$1K

0.1 hrs/wk

TED UPLAND

BOARD MEMBER (THRU JAN)

Board

$1K

0.1 hrs/wk

STEVE POLLETT

BOARD MEMBER

Board

$900

0.1 hrs/wk

IAN MCDANIAL

BOARD MEMBER (THRU JAN)

Board

$900

0.1 hrs/wk

ANSIE TING

BOARD MEMBER

Board

0.1 hrs/wk

WILLIAM SOMMER

BOARD MEMBER

Board

0.1 hrs/wk

KEITH MERKLINK

BOARD MEMBER

Board

0.1 hrs/wk

DEAN ALOE

BUS. DEV. OFFICER

Staff

$665K

40 hrs/wk

CHRIS BANE

BUS. DEV. OFFICER

Staff

$535K

40 hrs/wk

GEOFFREY MCGIVERN

BUS. DEV. OFFICER

Staff

$503K

40 hrs/wk

JENNIFER DAVIS

BUS. DEV. OFFICER

Staff

$367K

40 hrs/wk

ARMEN MADATYAN

BUS. DEV. OFFICER

Staff

$322K

40 hrs/wk

Independent contractors

LAW OFFICES OF NOEL M NINO INC

LEGAL SERVICES

$376K

TODD E KOBERNICK

LEGAL SERVICES

$308K

SCOTT KIRKWOOD

SALESFORCE CRM SUPPORT

$182K

Details

EIN943247824
Subsection04
Ruling date1996-09
Formed1996
Employees106
Volunteers0
THE MORTGAGE CAPITAL DEVELOPMENT COMPANY — Mission, Financials & Grants Received | Grantivo