Cen Cal Business Finance Group

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770030865 ✦ Fresno, CA ✦ Designated as a 501(c)(4)

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Overview

What is Cen Cal Business Finance Group?

Cen Cal Business Finance Group is a nonprofit organization that primarily focuses on providing loan services to small businesses. Their mission is aimed at supporting entrepreneurial ventures, offering them the necessary financial assistance to grow and thrive. While the provided information is limited, it suggests that they are committed to assisting small businesses in their financial needs. The organization's activities are centered around this mission, providing essential financial services to these businesses.


Official website here: www.cencalfinance.com

Is Cen Cal Business Finance Group legitimate?

Cen Cal Business Finance Group is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cen Cal Business Finance Group 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $155,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,424

For more financial information, click here


Official website here: www.cencalfinance.com

What is the mission statement of Cen Cal Business Finance Group?

The Cen Cal Business Finance Group's primary mission is to offer loan services to small businesses. In essence, they aim to support the financial needs of small businesses by providing them with necessary loan facilities. This mission is crucial in fostering the growth and sustainability of small businesses, thereby contributing to the overall economic development. The group does not disclose other specific aspects of its mission in the provided information.


Official website here: www.cencalfinance.com

Who is the CEO of Cen Cal Business Finance Group?

Tal Cloud is the President of Cen Cal Business Finance Group.


Official website here: www.cencalfinance.com

What is the revenue of Cen Cal Business Finance Group?

Cen Cal Business Finance Group's revenue in 2022 was $1,091,689.


Official website here: www.cencalfinance.com

Who are the executives of Cen Cal Business Finance Group and what are their salaries?

The average compensation at Cen Cal Business Finance Group during 2022 was $62,669. There are 11 employees at Cen Cal Business Finance Group.


Here are 6 key members and their salaries:


Frank C Gallegos (Executive Dir.)
  • Compensation: $155,937
  • Related: $0
  • Other: $0
Tal Cloud (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brady Mcguinness (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linzie Daniel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Thomas (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank C Gallegos (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cencalfinance.com

Where can I find the form 990 for Cen Cal Business Finance Group?

Cen Cal Business Finance Group's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cencalfinance.com

Learn more at the official website: www.cencalfinance.com

Mission Statement of Cen Cal Business Finance Group

Cen Cal Business Finance Group is committed to a mission of providing loan services to small businesses. This nonprofit organization understands the significance of small businesses in local economies and strives to support their growth and sustainability by offering financial aid. By offering loan services, Cen Cal Business Finance Group helps small businesses overcome financial challenges, expand their operations, and contribute positively to their communities.

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Impact




October, 2024

Cen Cal Business Finance Group plays a vital role in bolstering small businesses in Fresno, CA, by providing essential loan services. By facilitating access to financing, the organization helps entrepreneurs secure the capital they need to start, expand, or sustain their operations. This support not only fosters individual business growth but also contributes to the overall economic vitality of the community.

The impact of Cen Cal Business Finance Group extends beyond financial assistance; it promotes community improvement by empowering local businesses, creating jobs, and stimulating economic development in the region. By focusing on the needs of small businesses, the organization helps them overcome barriers to growth, fosters entrepreneurship, and strengthens the local economy.




This information is meant to be a general summary of Cen Cal Business Finance Group. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,091,689 (2022)
Expenses
$1,069,475 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,115
  • Program Service Revenue: $1,090,574
  • Gross Receipts: $1,131,770

Assets and Liabilities:

  • Total Assets: $3,077,354
  • Total Liabilities: $2,150,455
  • Net Assets: $926,899

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN PROCESSING FEES

Revenue

$1,090,574

Organization Details

Founding Year

1984

Principal Officer

Tal Cloud

Main Address

5094 N FRUIT AVE 103, FRESNO, CA, 93711

NTEE Category

Code: S43 - Community improvement

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