Overview
What is California Statewide Certified Development Corporation?
California Statewide Certified Development Corporation, commonly known as CSCDC, is a nonprofit organization headquartered in Davis, California. Their primary mission is to assist small businesses in obtaining government loans, contributing to both urban and rural economic growth. Through the SBA 504 Loan Program, CSCDC placed 197 loans during the fiscal year ending September 30, 2022, and has supported other SBA programs through referrals to lenders and business assistance programs since its inception. With over $2 billion in loans provided, CSCDC has aided in financing projects for 3,200 small businesses, creating or retaining over 34,000 jobs. CSCDC is committed to giving businesses the opportunity to grow, providing personalized and efficient services to ensure the success of SBA transactions. With a team of 44 employees, CSCDC's dedication to supporting small businesses is evident in their consistent fast processing and attention to detail.
Official website here: www.calstatewide.com
Is California Statewide Certified Development Corporation legitimate?
California Statewide Certified Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. California Statewide Certified 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,168,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,910,420
For more financial information, click here
Official website here: www.calstatewide.com
What is the mission statement of California Statewide Certified Development Corporation?
The California Statewide Certified Development Corporation (CSCDC) is committed to assisting businesses in obtaining government loans. This organization believes in providing opportunities for business growth by offering personalized and expert services. CSCDC is known for its swift processing turnaround, demonstrating a sensitivity to the specifics required to ensure a successful Small Business Administration (SBA) transaction. The corporation's reputation is built on its consistent commitment to promoting economic growth, both in urban and rural areas, through the service of government loans.
Official website here: www.calstatewide.com
Who is the CEO of California Statewide Certified Development Corporation?
Jeff Boone is the CEO of California Statewide Certified Development Corporation The CEO's salary of California Statewide Certified Development Corporation is $464,866 and their total compensation is $477,872.
Official website here: www.calstatewide.com
What is the revenue of California Statewide Certified Development Corporation?
California Statewide Certified Development Corporation's revenue in 2023 was $9,957,298.
Official website here: www.calstatewide.com
Who are the executives of California Statewide Certified Development Corporation and what are their salaries?
The average compensation at California Statewide Certified Development Corporation during 2023 was $135,089. There are 45 employees and 12 volunteers at California Statewide Certified Development Corporation.
Here are 22 key members and their salaries (California Statewide Certified Development Corporation's CEO's salary is $464,866 and their total compensation is $477,872):
- Compensation: $701,048
- Related: $0
- Other: $53,370
- Compensation: $484,870
- Related: $0
- Other: $36,608
- Compensation: $464,866
- Related: $0
- Other: $13,006
- Compensation: $214,494
- Related: $0
- Other: $34,233
- Compensation: $229,169
- Related: $0
- Other: $37,925
- Compensation: $206,876
- Related: $0
- Other: $25,794
- Compensation: $156,955
- Related: $0
- Other: $27,611
- Compensation: $173,643
- Related: $0
- Other: $8,333
- Compensation: $159,736
- Related: $0
- Other: $7,925
- Compensation: $153,932
- Related: $0
- Other: $5,452
- Compensation: $19,052
- Related: $0
- Other: $0
- Compensation: $18,340
- Related: $0
- Other: $0
- Compensation: $18,115
- Related: $0
- Other: $0
- Compensation: $17,591
- Related: $0
- Other: $0
- Compensation: $17,290
- Related: $0
- Other: $0
- Compensation: $16,053
- Related: $0
- Other: $0
- Compensation: $15,490
- Related: $0
- Other: $0
- Compensation: $14,815
- Related: $0
- Other: $0
- Compensation: $14,741
- Related: $0
- Other: $0
- Compensation: $12,527
- Related: $0
- Other: $0
- Compensation: $2,514
- Related: $0
- Other: $0
- Compensation: $2,140
- Related: $0
- Other: $0
Official website here: www.calstatewide.com
Where can I find the form 990 for California Statewide Certified Development Corporation?
California Statewide Certified Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.calstatewide.com
Learn more at the official website: www.calstatewide.com
Mission Statement of California Statewide Certified Development Corporation
California Statewide Certified Development Corporation (CSCDC) is committed to assisting businesses in obtaining government loans. Their mission is rooted in the belief that providing such opportunities can foster economic growth, both in urban and rural areas. The corporation prides itself on its personalized service, ensuring each client receives the attention and expertise that only an experienced and knowledgeable Certified Development Company like CSCDC can offer.
CSCDC is renowned for its swift processing and turnaround times, understanding the intricacies and necessary follow-through required to make an Small Business Administration (SBA) transaction successful. They are particularly attuned to the specific details that are crucial to the success of these transactions. By consistently delivering on these fronts, CSCDC has established a reputation that sets it apart in the field of Certified Development Companies.
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Impact
October, 2024
California Statewide Certified Development Corporation (CSCDC) plays a vital role in supporting business growth and economic development across both urban and rural areas. The organization is instrumental in assisting businesses by facilitating government loans, specifically through the SBA 504 Loan Program. In the fiscal year ending September 30, 2022, CSCDC was responsible for placing 197 SBA 504 loans, reflecting its effectiveness in providing essential financial resources to small businesses.
Since its inception, CSCDC has provided over $2 billion in loans, leveraging a total project financing of about $5 billion for more than 3,200 small businesses. This significant financial support has helped create or retain over 34,000 jobs, showcasing its impact on employment and local economies.
CSCDC is recognized for its commitment to personalized service, ensuring each client receives attentive and knowledgeable support throughout the loan process. The organization is known for its quick processing turnaround and thorough follow-through, which are critical in making SBA transactions successful. By promoting access to capital and aiding in business development, CSCDC contributes to community improvement and economic vitality throughout California.
This information is meant to be a general summary of California Statewide Certified Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $153,391
- Program Service Revenue: $9,528,802
- Gross Receipts: $11,101,253
Assets and Liabilities:
- Total Assets: $11,407,239
- Total Liabilities: $4,215,916
- Net Assets: $7,191,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN SERVICING FEES
Revenue
$4,897,944
LOAN PACKAGING FEES
Revenue
$3,234,611
LOAN INTEREST INCOME
Revenue
$1,288,695
OTHER LOAN FEES
Revenue
$107,552
Organization Details
Founding Year
1987
Principal Officer
Jeff Boone
Website
www.calstatewide.comNTEE Category
Code: S30 - Community improvement
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