2024-05-15T12:24:59-05:00 2023-06-30 465577902 RICHARDSON & COMPANY LLP 550 HOWE AVENUE SUITE 210 SACRAMENTO CA 95825 990 2022-07-01 942861631 CALIFORNIA CAPITAL SMALL BUSINESS FINANCIAL DEVELOPMENT CORPORATION CALI 9164421792 1792 TRIBUTE ROAD SUITE 270 SACRAMENTO CA 95815 DEBORAH MURAMOTO PRESIDENT 9164421792 2024-05-09 1 DEBORAH MURAMOTO 999009999 0 CURT JENSON P01208626 9165648727 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CALIFORNIA CAPITAL FDC DEBORAH MURAMOTO 1792 TRIBUTE ROAD SUITE 270 SACRAMENTO CA 95815 4136742 0 X WWW.CACAPITAL.ORG X 1982 CA PROVIDE CAPITAL AND DEVELOPMENT ASSISTANCE TO INCREASE ECONOMIC OPPORTUNITIES FOR UNDERSERVED COMMUNITIES AND PERSONS BY OFFERING A WIDE RANGE OF FLEXIBLE FINANCIAL PRODUCTS AND SERVICES THROUGH COLLABORATION. 6 6 34 54 0 0 3291606 3672920 199282 463643 133222 179 0 0 3624110 4136742 0 0 0 0 2558360 2728862 0 0 0 945557 1119690 3503917 3848552 120193 288190 3926926 4782406 916094 1483384 3010832 3299022 X PROVIDE CAPITAL AND DEVELOPMENT ASSISTANCE TO INCREASE ECONOMIC OPPORTUNITIES FOR UNDERSERVED COMMUNITIES AND PERSONS BY OFFERING A WIDE RANGE OF FLEXIBLE FINANCIAL PRODUCTS AND SERVICES THROUGH COLLABORATION. 1 0 1256443 463343 CAPITAL ACCESS PROGRAM: CALIFORNIA CAPITAL ADMINISTERS VARIOUS LOAN PROGRAMS INCLUDING DIRECT LENDING TO SMALL BUSINESSES THROUGH FEDERAL AND DONOR FUNDED PROGRAMS AND ADMINISTERS LOAN GUARANTEES UNDER THE DIRECTION OF THE STATE OF CALIFORNIA IN WHICH LOANS ARE GUARANTEED FOR SMALL BUSINESSES AS WELL AS TECHNICAL ASSISTANCE FOR LOAN READINESS. 719102 300 CALIFORNIA CAPITAL WOMEN'S BUSINESS CENTER: UNDER COOPERATIVE AGREEMENT WITH THE SMALL BUSINESS ADMINISTRATION, IS COMMITTED TO BUILDING THE CAPACITY OF SMALL BUSINESSES THROUGH EDUCATIONAL WORKSHOPS, ONE-ON-ONE ASSISTANCE, ONLINE LEARNING, AND CONNECTION WITH LOCAL RESOURCES. WBC SERVICES FOCUS ON ENTREPRENEURSHIP, ACCESS TO CAPITAL, AND SPECIALIZED PROGRAMS FOR INDUSTRY SECTORS INCLUDING CHILDCARE AND B2B SERVICES. 568071 SACRAMENTO VALLEY SBDC: CALIFORNIA CAPITAL EXPANDED SERVICES WITH THE ADDITION OF THE SBDC IN 2022. THE SBDC IS A SMALL BUSINESS ADVISORY FUNDED THROUGH THE SBA TO ASSIST SMALL BUSINESSES WITH A BROAD RANGE OF BUSINESS DEVELOPMENT SERVICES. 532720 CALIFORNIA CAPITAL APEX ACCELERATOR: UNDER COOPERATIVE AGREEMENT WITH THE DEPARTMENT OF DEFENSE, THE APEX ACCELERATOR PROVIDES CAPACITY-BUILDING TRAINING AND DIRECT ASSISTANCE TO SMALL BUSINESSES RELATED TO GOVERNMENT CONTRACTING. WE PROVIDE THIS PROCUREMENT TECHNICAL ASSISTANCE TO SMALL BUSINESSES WHO WISH TO OR CURRENTLY DO BUSINESS WITH FEDERAL, STATE, OR LOCAL GOVERNMENT. 532720 3076336 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 32 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 CA X THE ORGANIZATION 9164421729 1792 TRIBUTE ROAD STE 270 SACRAMENTO CA 95815 CLARENCE WILLIAMS CHAIR (THRU MAY '23) 1.00 X X 0 0 0 VIRGINIA CORONADO VICE CHAIR 1.00 X X 0 0 0 TRUMAN RISHARD TREASURER 1.00 X X 0 0 0 SHELLEY SEALES SECRETARY 1.00 X X 0 0 0 DENISE BROWNE DIRECTOR 1.00 X 0 0 0 DRUE BROWN DIRECTOR 1.00 X 0 0 0 DEBORAH MURAMOTO PRESIDENT/CEO 40.00 X 177692 0 23145 MAY MASUNAGA CHIEF FINANCIAL OFFICER 40.00 X 140830 0 19465 MICHAEL SCHREMMER CHIEF OPERATIONS OFFICER 40.00 X 114116 0 11792 JUDY FLETCHER CHIEF LENDING OFFICER 40.00 X 155880 0 8735 IVOR NEWMAN PROGRAM DIRECTOR 40.00 X 104362 0 5218 692880 0 68355 5 0 1 0 EMFOR GROUP LLC 180 PROMENADE CIR STE 300 SACRAMENTO CA 95834 BUSINESS COUNSELOR 127616 1 3104970 567950 3672920 CAPITAL ACCESS PROGRAM 900099 463343 463343 WOMENS BUSINESS CENTER 900099 300 300 463643 179 179 4136742 463643 0 179 X 651655 518949 132706 1697171 1351552 345619 65003 28222 36781 135504 109218 26286 179529 144464 35065 7472 4974 2498 21975 21975 488836 447525 41311 13829 12869 960 126413 82536 43877 28073 25707 2366 172929 100008 72921 48239 26537 21702 17844 10833 7011 5588 5588 24050 14741 9309 LOAN LOSSES 92983 92983 MISCELLANEOUS EXPENSE 49984 25789 24195 DUES & FEES 21475 14391 7084 INDIRECT EXPENSES 0 65038 -65038 3848552 3076336 772216 0 734263 13010 1019033 1824296 1996420 2117484 30780 37657 167913 143424 23271 24489 123159 765470 3926926 4782406 176885 386394 637782 73286 265000 101427 758704 916094 1483384 X 2630901 2408166 379931 890856 3010832 3299022 3926926 4782406 288190 0 X 0 1 X 1 1 1 X 2288450 519849 509555 3291606 3672920 10282380 2288450 519849 509555 3291606 3672920 10282380 1011440 9270940 5309 381 179 5869 10288249 6821258 0.90110 0.99890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14671 14671 153242 143424 9818 24489 INTEREST RECEIVABLE 9383 EMPLOYEE BENEFIT PLAN (457(B)) 70750 RIGHT OF USE ASSET 672294 DEPOSITS 13043 765470 EMPLOYEE BENEFIT PLAN (457(B)) 70750 LEASE LIABILITY 687954 758704 X 4150412 13670 13670 4136742 0 4136742 3862222 13670 13670 3848552 0 3848552 PART X, LINE 2: MANAGEMENT OF CCFDC HAS EVALUATED THE TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES. MANAGEMENT DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. 0 0 0 0 0 0 0 0 0 DEBORAH MURAMOTO PRESIDENT/CEO 177692 0 0 0 0 0 8835 0 14310 0 200837 0 0 0 JUDY FLETCHER CHIEF LENDING OFFICER 155880 0 0 0 0 0 7825 0 910 0 164615 0 0 0 MAY MASUNAGA CHIEF FINANCIAL OFFICER 140830 0 0 0 0 0 7975 0 11490 0 160295 0 0 0 DEBORAH MURAMOTO PRESIDENT TO FINANCE OPERATIONS OF THE ORGANIZATION X 265000 265000 0 1 1 265000 AKEMI ALDEN AKEMI IS CFO'S DAUGHTER 54288 AKEMI WAS A FULL-TIME EMPLOYEE OF THE ORGANIZATION. 0 FORM 990, PART III, LINE 2 SACRAMENTO VALLEY SMALL BUSINESS DEVELOPMENT CENTER IS DEDICATED TO PROVIDING ONE-ON-ONE ADVISING, SPECIALIZED TRAINING, AND COMMUNITY-FOCUSED PROGRAMS TO DELIVER ECONOMIC IMPACTS FOR ENTREPRENEURS AND SMALL BUSINESSES IN OUR REGION. FORM 990, PART VI, SECTION B, LINE 11B COMMITTEE REVIEWS AND APPROVES BEFORE SUBMITTAL FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND CFO HAVE NOT HAD RAISES SINCE 7/1/21. THE CEO'S LAST RAISE IN 2021 WAS DETERMINED AND NEGOTIATED WITH THE BOARD. THE CFO'S RAISE WAS SET BY THE CEO. KEY EMPLOYEE RAISES INVOLVE A PERFORMANCE REVIEW PERFORMED BY THE CEO. WE ALWAYS COMPARE SALARIES WITH COMPENSATION STUDIES WE PURCHASE OR FIND ONLINE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G INSTRUCTORS/COUNSELORS: PROGRAM SERVICE EXPENSES 408,816. MANAGEMENT AND GENERAL EXPENSES 9,475. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 418,291. HR CONSULTANT: PROGRAM SERVICE EXPENSES 4,355. MANAGEMENT AND GENERAL EXPENSES 3,283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,638. COMPUTER CONSULTANT: PROGRAM SERVICE EXPENSES 3,241. MANAGEMENT AND GENERAL EXPENSES 5,106. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,347. GRANT WRITING CONSULTANT: PROGRAM SERVICE EXPENSES 24,400. MANAGEMENT AND GENERAL EXPENSES 16,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,400. WEB/VIDEO CONSULTANT: PROGRAM SERVICE EXPENSES 1,429. MANAGEMENT AND GENERAL EXPENSES 363. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,792. OTHER: PROGRAM SERVICE EXPENSES 5,284. MANAGEMENT AND GENERAL EXPENSES 7,084. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,368.