2025-05-14T15:29:20-05:00 2024-06-30 465577902 RICHARDSON & COMPANY LLP 550 HOWE AVENUE SUITE 210 SACRAMENTO CA 95825 990 2023-07-01 942861631 CALIFORNIA CAPITAL SMALL BUSINESS FINANCIAL DEVELOPMENT CORPORATION CALI 9164421792 1792 TRIBUTE ROAD SUITE 270 SACRAMENTO CA 95815 DEBORAH MURAMOTO PRESIDENT 9164421792 2025-05-14 1 0 CURT JENSON P01208626 9165648727 2025-05-13 2023 2025-03-06 01:10:19Z CALIFORNIA CAPITAL FDC DEBORAH MURAMOTO 1792 TRIBUTE ROAD SUITE 270 SACRAMENTO CA 95815 3652060 0 X WWW.CACAPITAL.ORG X 1982 CA TO EQUITABLY PROVIDE CAPITAL AND DEVELOPMENT ASSISTANCE TO INCREASE ECONOMIC OPPORTUNITIES BY OFFERING A WIDE RANGE OF FLEXIBLE FINANCIAL PRODUCTS AND TECHNICAL SERVICES THROUGH COLLABORATION. 7 6 35 8 0 0 3672920 3113587 463643 535274 179 3199 0 0 4136742 3652060 0 0 0 0 2728862 2921481 0 0 0 1119690 972570 3848552 3894051 288190 -241991 4782406 4252328 1483384 1320384 3299022 2931944 X TO EQUITABLY PROVIDE CAPITAL AND DEVELOPMENT ASSISTANCE TO INCREASE ECONOMIC OPPORTUNITIES BY OFFERING A WIDE RANGE OF FLEXIBLE FINANCIAL PRODUCTS AND TECHNICAL SERVICES THROUGH COLLABORATION. 0 0 1094576 534624 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. 631864 650 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. 687645 RESEARCH AND BUSINESS DEVELOPMENT: CCFDC HAS DELIVERED IMPACT DRIVEN PROGRAMS WITHIN BUSINESS CORRIDORS AND STRENGTHENED NETWORK CONNECTIONS WITH ECONOMIC DEVELOPMENT AGENCIES IN SACRAMENTO. ONE OF THE PROGRAMS WITHIN THIS PROGRAM SERVICE IS THE SACRAMENTO VALLEY SMALL BUSINESS DEVELOPMENT CENTER FUNDED BY THE SMALL BUSINESS ADMINISTRATION. 668537 PROCUREMENT TECHNICAL ASSISTANCE CENTER AND 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. 668537 3082622 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 40 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 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 SHELLEY SEALES CHAIR 1.00 X X 0 0 0 DENISE BROWNE VICE CHAIR 1.00 X X 0 0 0 TRUMAN RISHARD TREASURER 1.00 X X 0 0 0 DEBORAH MURAMOTO PRESIDENT/CEO/SECRETARY 40.00 X X 211823 0 10333 DRUE BROWN DIRECTOR 1.00 X 0 0 0 DANIEL SAVALA DIRECTOR 1.00 X 0 0 0 RAYMOND SEBASTIAN DIRECTOR 1.00 X 0 0 0 VIRGINIA CORONADO VICE CHAIR (UNTIL OCT 2023) 1.00 X 0 0 0 MAY MASUNAGA CHIEF FINANCIAL OFFICER 40.00 X 136623 0 19551 MICHAEL SCHREMMER CHIEF OPERATIONS OFFICER 40.00 X 114683 0 13010 IVOR NEWMAN APEX PROGRAM DIRECTOR 40.00 X 109363 0 5468 BOB GONZALES DIRECTOR OF LENDING 40.00 X 109975 0 12061 682467 0 60423 5 0 1 0 0 2556920 556667 3113587 CAPITAL ACCESS PROGRAM 900099 534624 534624 WOMENS BUSINESS CENTER 900099 650 650 535274 3199 3199 3652060 535274 0 3199 X 378330 296554 81776 2069582 1622246 447336 88634 34116 54518 198147 149481 48666 186788 148169 38619 11141 1335 9806 28753 2666 26087 458480 432866 25614 8142 5775 2367 75546 40448 35098 28136 24762 3374 176333 120824 55509 45413 30521 14892 37677 22017 15660 5657 5657 26260 12761 13499 MISCELLANEOUS EXPENSE 55554 42761 12793 DUES & FEES 15478 12181 3297 INDIRECT EXPENSES 0 83139 -83139 3894051 3082622 811429 0 12921 142802 89 58309 1824296 1052993 2117484 2254148 37657 41642 172039 149081 24489 22958 765470 679476 4782406 4252328 386394 236853 6386 298045 265000 825604 785486 1483384 1320384 X 2408166 2532480 890856 399464 3299022 2931944 4782406 4252328 X -241991 -125087 X 0 1 X 1 1 1 X 519849 509555 3291606 3672920 3113587 11107517 519849 509555 3291606 3672920 3113587 11107517 1185822 9921695 381 179 3199 3759 11111276 7356532 0.89290 0.90110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 172039 149081 22958 22958 INTEREST RECEIVABLE 12865 457 PLAN ASSETS 93500 RIGHT OF USE ASSET 557467 DEPOSITS 13043 HEALTH EQUITY POOL 2601 679476 457 PLAN LIABILITY 93500 LEASE LIABILITY 578114 REFUNDABLE ADVANCES 113872 785486 X 3669523 17463 17463 3652060 0 3652060 4036601 17463 125087 142550 3894051 0 3894051 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. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSSES 125,087. 0 0 0 0 0 0 0 0 0 DEBORAH MURAMOTO PRESIDENT/CEO/SECRETARY 211823 0 0 0 0 0 9445 0 888 0 222156 0 0 0 MAY MASUNAGA CHIEF FINANCIAL OFFICER 136623 0 0 0 0 0 7800 0 11751 0 156174 0 0 0 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. EFFECTIVE DEC. 2022, CEO'S SALARY WAS INCREASED $487.50 PER PAY PERIOD AND WAS BOARD APPROVED. 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 381,139. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 381,139. HR CONSULTANT: PROGRAM SERVICE EXPENSES 4,379. MANAGEMENT AND GENERAL EXPENSES 4,690. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,069. COMPUTER CONSULTANT: PROGRAM SERVICE EXPENSES 3,873. MANAGEMENT AND GENERAL EXPENSES 6,526. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,399. MARKETING CONSULTANT: PROGRAM SERVICE EXPENSES 8,729. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,729. GRANT WRITING CONSULTANT: PROGRAM SERVICE EXPENSES 11,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,000. WEB/VIDEO CONSULTANT: PROGRAM SERVICE EXPENSES 7,535. MANAGEMENT AND GENERAL EXPENSES 502. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,037. OTHER: PROGRAM SERVICE EXPENSES 16,211. MANAGEMENT AND GENERAL EXPENSES 13,896. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,107. FORM 990, PART XI, LINE 9: PROVISION FOR LOAN LOSSES -125,087.