Csac Finance Corporation

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

EIN: 943010425 ✦ Sacramento, CA ✦ Designated as a 501(c)(4)

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Overview

What is Csac Finance Corporation?

Csac Finance Corporation is a nonprofit organization situated in California. Their primary mission is to offer a comprehensive range of financial, investment, insurance, and procurement services to benefit various California counties and related public entities. By providing these services, Csac Finance Corporation aims to contribute positively to the welfare and development of these public agencies.


Official website here: www.csacfinancecorp.org

Is Csac Finance Corporation legitimate?

Csac Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Csac Finance 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $723,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $431,669

For more financial information, click here


Official website here: www.csacfinancecorp.org

What is the mission statement of Csac Finance Corporation?

Csac Finance Corporation's mission is to offer a comprehensive range of financial, investment, insurance, and procurement services with the primary objective of benefiting California counties and related public agencies. By providing these services, the corporation aims to contribute positively to their operations and overall well-being. The corporation's activities are geared towards enhancing the financial stability and operational efficiency of these entities, thereby promoting their ability to serve the public effectively.


Official website here: www.csacfinancecorp.org

Who is the CEO of Csac Finance Corporation?

Alan Fernandes is the Ceo of Csac Finance Corporation. The CEO's salary of Csac Finance Corporation is $364,187 and their total compensation is $384,592.


Official website here: www.csacfinancecorp.org

What is the revenue of Csac Finance Corporation?

Csac Finance Corporation's revenue in 2023 was $8,866,567.


Official website here: www.csacfinancecorp.org

Who are the executives of Csac Finance Corporation and what are their salaries?

The average compensation at Csac Finance Corporation during 2023 was $230,953. There are 5 employees and 11 volunteers at Csac Finance Corporation.


Here are 15 key members and their salaries (Csac Finance Corporation's CEO's salary is $364,187 and their total compensation is $384,592):


Alan Fernandes (Ceo)
  • Compensation: $364,187
  • Related: $0
  • Other: $20,405
James Manker (Director Of Business Development)
  • Compensation: $253,374
  • Related: $0
  • Other: $28,116
Christy Higgins (Operations Manager)
  • Compensation: $122,294
  • Related: $0
  • Other: $58,098
Robert Pierce (Coo)
  • Compensation: $45,106
  • Related: $0
  • Other: $0
Leonard Moty (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Jennings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elba Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Villegas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Barger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Zeeb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Knaus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Rutland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Muranishi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Forster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Alsop (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.csacfinancecorp.org

Where can I find the form 990 for Csac Finance Corporation?

Csac Finance Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.csacfinancecorp.org

Learn more at the official website: www.csacfinancecorp.org

Mission Statement of Csac Finance Corporation

Csac Finance Corporation, as a nonprofit organization, is dedicated to providing a wide range of financial, investment, insurance, and purchasing services. Its primary mission is to benefit California counties and related public agencies by offering these services. The corporation aims to utilize its resources to contribute positively to the well-being and development of these entities, ensuring they have the necessary financial support and tools to function effectively. By offering a broad array of services, Csac Finance Corporation seeks to support these entities in their various needs, ultimately contributing to the overall betterment of California's public sector.

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Impact




October, 2024

Csac Finance Corporation significantly impacts California's counties and public agencies by offering a diverse range of financial services. These services include finance, investment, insurance, and purchasing solutions tailored to meet the unique needs of local governments. By facilitating access to comprehensive financial resources, the organization enhances the operational efficiency of public agencies, enabling them to better serve their communities.

The corporation's focus on public benefit contributes to improved fiscal management and financial stability within local government entities. Its services support essential projects and initiatives, allowing counties to invest in infrastructure, public safety, and community development. Additionally, by streamlining purchasing processes, Csac Finance Corporation helps public agencies achieve cost savings and better procurement strategies. Overall, its presence plays a crucial role in empowering California's local governments, ultimately fostering stronger, more resilient communities.




This information is meant to be a general summary of Csac Finance Corporation. 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
$8,866,567 (2023)
Expenses
$8,610,932 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $108,700
  • Program Service Revenue: $8,623,925
  • Gross Receipts: $9,317,349

Assets and Liabilities:

  • Total Assets: $22,730,521
  • Total Liabilities: $600,761
  • Net Assets: $22,129,760

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Programs

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

Administrative fees

Revenue

$6,327,866

Cal Trust income

Revenue

$254,957

Coop purchasing

Revenue

$52,656

Corporate Associates

Revenue

$1,182,302

Deferred comp program

Revenue

$806,144

Organization Details

Founding Year

1986

Principal Officer

Alan Fernandes

Main Address

1100 K Street 101, Sacramento, CA, 95814

NTEE Category

Code: W60 - Public benefit

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