Overview
What is Cdc Small Business Finance Corporation?
Cdc Small Business Finance Corporation is a California, Nevada, and Arizona-based nonprofit organization dedicated to championing the growth of diverse small businesses in their communities. By leveraging their expertise in unique capital solutions, they exceed expectations through teamwork, integrity, and creativity. Their mission is to provide essential economic development services that make a difference in the communities they serve, all while demonstrating unwavering advocacy and reinvestment.
Official website here: www.cdcloans.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Cdc Small Business Finance Corporation has earned a remarkable Four-Star rating from Charity Navigator, demonstrating a strong commitment to accountability and financial health. Scoring 96%, the organization reflects excellent governance practices, with a significant majority of independent board members and stringent auditing processes in place. This high rating suggests that donors can trust the organization to manage funds responsibly.
The organization has successfully implemented various policies, such as conflict of interest and whistleblower protections, which contribute to its transparent operational framework. Additionally, Cdc maintains a low liabilities-to-assets ratio of 30.59%, indicating strong financial stability. With a program expenses ratio of 84.19%, a substantial portion of its funding goes directly towards its core programs, underscoring its mission-driven focus.
While the ratings are overwhelmingly positive, ongoing monitoring of the organization’s performance and impact remains essential for potential donors. Transparency in reporting and maintaining high standards in governance will be crucial as Cdc continues to serve small businesses.
This AI summary has been generated from information found on Charity Navigator.
Is Cdc Small Business Finance Corporation legitimate?
Cdc Small Business Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cdc Small Business 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: $2,007,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,708,925
For more financial information, click here
Official website here: www.cdcloans.com
What is the mission statement of Cdc Small Business Finance Corporation?
The Cdc Small Business Finance Corporation is dedicated to fostering the expansion of diverse small businesses in various communities. Leveraging its extensive expertise in delivering unique capital solutions, the organization goes above and beyond to surpass the expectations of its partners. Through a combination of teamwork, integrity, and creativity, Cdc Small Business Finance Corporation makes a significant impact in the communities it serves by means of unwavering advocacy and reinvestment. The primary mission of this corporation is to offer capital solutions and economic development services to a diverse range of small companies.
Official website here: www.cdcloans.com
Who is the CEO of Cdc Small Business Finance Corporation?
Natalie Gunn is the President & Ceo of Cdc Small Business Finance Corporation. The CEO's salary of Cdc Small Business Finance Corporation is $0 and their total compensation is $729,181.
Official website here: www.cdcloans.com
What is the revenue of Cdc Small Business Finance Corporation?
Cdc Small Business Finance Corporation's revenue in 2022 was $26,865,626.
Official website here: www.cdcloans.com
Who are the executives of Cdc Small Business Finance Corporation and what are their salaries?
The average compensation at Cdc Small Business Finance Corporation during 2022 was $87,799. There are 179 employees at Cdc Small Business Finance Corporation.
Here are 36 key members and their salaries (Cdc Small Business Finance Corporation's CEO's salary is $0 and their total compensation is $729,181):
- Compensation: $0
- Related: $693,114
- Other: $36,067
- Compensation: $0
- Related: $322,500
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $3,750
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $3,750
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $2,500
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $3,750
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $5,000
- Other: $0
- Compensation: $0
- Related: $3,750
- Other: $0
- Compensation: $456,847
- Related: $0
- Other: $2,083
- Compensation: $279,517
- Related: $0
- Other: $25,318
- Compensation: $240,473
- Related: $0
- Other: $1,100
- Compensation: $0
- Related: $396,827
- Other: $31,617
- Compensation: $0
- Related: $240,861
- Other: $66,790
- Compensation: $0
- Related: $276,554
- Other: $74,668
- Compensation: $0
- Related: $316,032
- Other: $77,933
- Compensation: $0
- Related: $247,773
- Other: $40,734
- Compensation: $0
- Related: $109,321
- Other: $8,347
- Compensation: $258,086
- Related: $0
- Other: $18,458
- Compensation: $243,018
- Related: $0
- Other: $28,934
- Compensation: $207,110
- Related: $0
- Other: $26,322
- Compensation: $200,682
- Related: $0
- Other: $19,122
- Compensation: $776,069
- Related: $0
- Other: $39,048
- Compensation: $516,894
- Related: $0
- Other: $31,878
- Compensation: $470,321
- Related: $0
- Other: $45,312
- Compensation: $300,819
- Related: $0
- Other: $50,549
- Compensation: $300,048
- Related: $0
- Other: $14,600
Official website here: www.cdcloans.com
Where can I find the form 990 for Cdc Small Business Finance Corporation?
Cdc Small Business Finance Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdcloans.com
Learn more at the official website: www.cdcloans.com
Mission Statement of Cdc Small Business Finance Corporation
CDC Small Business Finance Corporation, a leading organization, is dedicated to championing the growth of diverse small companies in various communities by drawing upon its unparalleled expertise in delivering unique capital solutions. The corporation goes above and beyond the expectations of its partners, fostering teamwork, integrity, and creativity to make a significant impact. In simple terms, CDC Small Business Finance Corporation strives to provide capital and economic development services to small businesses in California, Nevada, and Arizona.
By offering tailored financing options and economic development services, CDC Small Business Finance Corporation empowers small businesses to thrive and contribute positively to their communities. Through its commitment to unwavering advocacy and reinvestment, the corporation ensures the success of the businesses it serves, ultimately creating vibrant and prosperous neighborhoods. By providing capital solutions, CDC Small Business Finance Corporation is not just financing the growth of small businesses; it is investing in the future of communities and the people who call them home.
Moreover, CDC Small Business Finance Corporation sets itself apart with its teamwork, integrity, and creativity. Its professionals collaborate closely with business owners to understand their unique needs and design customized financial solutions. By maintaining the highest ethical standards and fostering a culture of innovation, the corporation is able to consistently exceed the expectations of its partners and help them overcome challenges, even during uncertain economic times. Through its dedication to making a difference, CDC Small Business Finance Corporation is more than just a financial institution; it is a trusted partner that is continually invested in the success of the small businesses and communities it serves.
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Impact
October, 2024
Cdc Small Business Finance Corporation significantly impacts local economies by championing the growth of diverse small businesses. By offering tailored capital solutions and economic development services in California, Nevada, and Arizona, they empower entrepreneurs to thrive in competitive markets.
Their expertise in delivering unique financial options allows small companies to access the resources they need to expand and innovate. This support not only fosters individual business success but also stimulates economic activity in communities. Cdc Small Business Finance places a strong emphasis on teamwork, integrity, and creativity, ensuring that their partnerships with local businesses lead to tangible results.
Through unwavering advocacy and strategic reinvestment, they make a profound difference in the communities they serve, contributing to overall community improvement and economic vitality.
This information is meant to be a general summary of Cdc Small Business 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,541,221
- Program Service Revenue: $17,942,183
- Gross Receipts: $51,598,372
Assets and Liabilities:
- Total Assets: $92,661,741
- Total Liabilities: $28,350,474
- Net Assets: $64,311,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICING FEES
Revenue
$9,985,552
PROCESSING FEES
Revenue
$6,385,843
CLOSING FEES
Revenue
$1,032,996
PACKAGING FEES
Revenue
$537,792
Organization Details
Founding Year
1978
Phone
(703) 647-2360Principal Officer
Natalie Gunn
Main Address
2448 HISTORIC DECATUR ROAD 200, SAN DIEGO, CA, 92106
Website
www.cdcloans.comNTEE Category
Code: S30 - Community improvement
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