Overview
What is California Southern Small Business Development Corporation?
California Southern Small Business Development Corporation is a nonprofit organization situated in San Diego, California. Their primary role involves administering loan guarantees to support the growth and development of small businesses within Southern California. In the 2021-2022 period, they aided 566 businesses in securing these loans. The organization's mission is to provide underwriting services and guarantee loans, thereby fostering the expansion of small businesses in the region. With a modest staff of five individuals, they contribute significantly to the local entrepreneurial landscape.
Official website here: www.casouth.com
Is California Southern Small Business Development Corporation legitimate?
California Southern Small Business Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Southern Small Business Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $264,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $494,491
For more financial information, click here
Official website here: www.casouth.com
What is the mission statement of California Southern Small Business Development Corporation?
The California Southern Small Business Development Corporation's mission is centered around supporting the growth and development of small businesses. Specifically, they undertake the task of underwriting and guaranteeing loans for small businesses situated in Southern California. This initiative aims to provide financial assistance, thereby facilitating the expansion and success of these businesses. In the 2021-2022 period, California Southern assisted a total of 566 businesses in securing guaranteed loans.
Official website here: www.casouth.com
Who is the CEO of California Southern Small Business Development Corporation?
Juan Carlos Hernandez is the President of California Southern Small Business Development Corporation.
Official website here: www.casouth.com
What is the revenue of California Southern Small Business Development Corporation?
California Southern Small Business Development Corporation's revenue in 2022 was $1,912,567.
Official website here: www.casouth.com
Who are the executives of California Southern Small Business Development Corporation and what are their salaries?
The average compensation at California Southern Small Business Development Corporation during 2022 was $151,806. There are 5 employees and 9 volunteers at California Southern Small Business Development Corporation.
Here are 13 key members and their salaries:
- Juan Carlos Hernandez (President)
- Ana L Davis (Loan Officer)
- Vanessa Cardenas Munoz (Loan Officer)
- Karla Ibanez (Loan Portfolio Mgr)
- Nury Saenz Ea (Treasurer) [Trustee/Director]
- Michel Anderson (Director)
- Ciro Villa (Director)
- Rebecca Humphries (Chair) [Trustee/Director]
- Jayzel Mendoza (Director)
- Dale Wineteer (Director)
- Barry J Schultz Esq (Vice Chair) [Trustee/Director]
- Kim Folsom (Director)
- Fernando Ponce (Secretary) [Trustee/Director]
Official website here: www.casouth.com
Where can I find the form 990 for California Southern Small Business Development Corporation?
The California Southern Small Business Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.casouth.com
Learn more at the official website: www.casouth.com
Mission Statement of California Southern Small Business Development Corporation
California Southern Small Business Development Corporation, in its mission, plays a crucial role in underwriting and guaranteeing small business loans in Southern California. This nonprofit organization is dedicated to aiding the growth and development of these businesses, providing them with the financial assistance they need to thrive. In the fiscal year 2021-2022, California Southern assisted a significant number of 566 businesses in obtaining these guaranteed loans, demonstrating its commitment to supporting small businesses in the region.
Impact
This information is meant to be a general summary of California Southern Small Business Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
California Southern Small Business Development Corporation's impact can be seen through its facilitation of small business loans in Southern California. In 2021-2022 alone, the organization assisted 566 businesses in obtaining guaranteed loans, supporting the growth and development of small businesses in the region. Through its underwriting services and loan guarantees, California Southern plays a vital role in stimulating economic activity and fostering entrepreneurship in Southern California.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COVID Loan Fees
Revenue
$454,470
Loan Guarantee Fees
Revenue
$1,203,561
Organization Details
Phone
(619) 232-7771
Principal Officer
Juan Carlos Hernandez
Main Address
2825 DEWEY ROAD BUILDING 202 205, SAN DIEGO, CA, 92106
Website
www.casouth.com
NTEE Category
Code: B43Z - Education
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