Overview
What is California Capital Small Business Financial Development Corporation?
The California Capital Small Business Financial Development Corporation, also known as California Capital FDC, is a nonprofit organization situated in Sacramento, California. Their primary mission is to empower entrepreneurs from underserved communities by offering various financial products and services. Through cooperative agreements with the Small Business Administration, they provide educational workshops, one-on-one assistance, online learning, and connections to local resources. Notably, they focused on supporting the childcare industry and small businesses recovering from the COVID-19 pandemic in the recent past. Based in Sacramento, their team consists of 31 dedicated individuals.
Official website here: www.cacapital.org
Is California Capital Small Business Financial Development Corporation legitimate?
California Capital Small Business Financial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Capital Small Business Financial 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: $679,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,551,621
For more financial information, click here
Official website here: www.cacapital.org
What is the mission statement of California Capital Small Business Financial Development Corporation?
The California Capital Small Business Financial Development Corporation is dedicated to providing capital and development assistance to enhance economic opportunities for underserved communities and individuals. They achieve this goal by offering a variety of flexible financial products and services through collaboration. The organization operates a Women's Business Center, which under a cooperative agreement with the Small Business Administration, helps entrepreneurs start and grow their businesses through educational workshops, one-on-one assistance, online learning, and connections to local resources. This past year, the center particularly focused on the childcare industry, in addition to aiding small businesses in COVID recovery.
Official website here: www.cacapital.org
Who is the CEO of California Capital Small Business Financial Development Corporation?
Deborah Muramoto is the Chair of California Capital Small Business Financial Development Corporation. The CEO's salary of California Capital Small Business Financial Development Corporation is $208,219 and their total compensation is $251,327.
Official website here: www.cacapital.org
What is the revenue of California Capital Small Business Financial Development Corporation?
California Capital Small Business Financial Development Corporation's revenue in 2022 was $3,624,110.
Official website here: www.cacapital.org
Who are the executives of California Capital Small Business Financial Development Corporation and what are their salaries?
The average compensation at California Capital Small Business Financial Development Corporation during 2022 was $71,978. There are 31 employees at California Capital Small Business Financial Development Corporation.
Here are 12 key members and their salaries (California Capital Small Business Financial Development Corporation's CEO's salary is $208,219 and their total compensation is $251,327):
- Deborah Muramoto (President/Ceo)
- May Masunaga (Cfo)
- Judy Fletcher (Chief Lending Officer)
- Michael Schremmer (Coo)
- Ivor Newman (Program Director)
- Clarence Williams (Chair) [Trustee/Director]
- Virginia Coronado (Vice Chair) [Trustee/Director]
- Truman Rishard (Treasurer) [Trustee/Director]
- Shelley Seales (Secretary) [Trustee/Director]
- Denise Browne (Director)
- Drue Brown (Director)
- Nelson Chan (Director)
Official website here: www.cacapital.org
Where can I find the form 990 for California Capital Small Business Financial Development Corporation?
The California Capital Small Business Financial Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cacapital.org
Learn more at the official website: www.cacapital.org
Mission Statement of California Capital Small Business Financial Development Corporation
California Capital Small Business Financial Development Corporation is dedicated to providing capital and development assistance, aiming to increase economic opportunities for underserved communities and individuals. They achieve this objective by offering a wide array of flexible financial products and services through collaboration. In essence, their mission is to empower underserved communities and individuals by facilitating access to financial resources and tools to foster business growth and development.
One of the key initiatives of California Capital Small Business Financial Development Corporation is their Women's Business Center, known as the California Capital WBC. This division, operating under a cooperative agreement with the Small Business Administration, focuses on assisting entrepreneurs in starting and expanding their businesses. They accomplish this by providing educational workshops, one-on-one assistance, online learning, and connecting entrepreneurs with local resources. In the recent past, they have placed a particular emphasis on the childcare industry, while also offering support for small businesses during COVID-19 recovery.
In summary, California Capital Small Business Financial Development Corporation's mission is to offer financial aid and development assistance to underserved communities and individuals. They achieve this by collaborating with various organizations to provide a wide range of flexible financial products and services. Their Women's Business Center, in particular, empowers entrepreneurs by offering educational resources and connecting them with local support systems.
Impact
This information is meant to be a general summary of California Capital Small Business Financial Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
California Capital Small Business Financial Development Corporation's impact includes providing capital and development assistance to increase economic opportunities for underserved communities and individuals. Through a wide range of flexible financial products and services, they collaborate to support entrepreneurs in starting and growing their businesses. Their Women's Business Center, in particular, focuses on offering educational workshops, one-on-one assistance, online learning, and connection with local resources. In the past year, they have prioritized supporting the childcare industry and assisting with COVID recovery efforts for small businesses. Overall, their work contributes to community improvement by fostering economic empowerment and entrepreneurship in Sacramento, CA.
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.
CAPITAL ACCESS PROGRAM
Revenue
$164,390
WOMENS BUSINESS CENTER
Revenue
$24,892
SBDC
Revenue
$10,000
Organization Details
Founding Year
1982
Phone
(916) 442-1792
Principal Officer
Deborah Muramoto
Main Address
1792 TRIBUTE ROAD SUITE 270, SACRAMENTO, CA, 95815
Website
www.cacapital.org
NTEE Category
Code: S430 - Community improvement
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