Overview
What is Capital Access Group Inc?
Capital Access Group Inc, situated in San Francisco, California, functions as a certified development company (CDC) approved by the Small Business Administration (SBA). Their primary mission is to stimulate the growth and expansion of small businesses primarily through SBA loan programs, specifically the 504 loan program. By doing so, they provide marketing, processing, closing, and servicing services for long-term real estate loans. With a team of 13 dedicated individuals, Capital Access Group Inc plays a crucial role in supporting small businesses, contributing to economic development in their community.
Official website here: www.capitalaccess.com
Is Capital Access Group Inc legitimate?
Capital Access Group Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Capital Access Group Inc 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: $545,113
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,006,032
For more financial information, click here
Official website here: www.capitalaccess.com
What is the mission statement of Capital Access Group Inc?
Capital Access Group Inc, functioning as an SBA-certified Development Company (CDC), primarily stimulates the growth and expansion of small businesses predominantly through SBA loan programs. Their mission is centered around fostering the development of these businesses, utilizing SBA loan programs as a primary tool. The organization's main activities include marketing, processing, closing, and servicing of long-term real estate loans, often through the SBA 504 Loan Program. In essence, Capital Access Group Inc plays a significant role in supporting the growth of small businesses by facilitating access to SBA loans.
Official website here: www.capitalaccess.com
What is the revenue of Capital Access Group Inc?
Capital Access Group Inc's revenue in 2023 was $4,397,482.
Official website here: www.capitalaccess.com
Who are the executives of Capital Access Group Inc and what are their salaries?
The average compensation at Capital Access Group Inc during 2023 was $196,242. There are 13 employees at Capital Access Group Inc.
Here are 14 key members and their salaries:
- Compensation: $545,113
- Related: $0
- Other: $30,751
- Compensation: $394,239
- Related: $0
- Other: $13,977
- Compensation: $239,420
- Related: $0
- Other: $24,435
- Compensation: $209,977
- Related: $0
- Other: $26,509
- Compensation: $220,235
- Related: $0
- Other: $13,118
- Compensation: $196,240
- Related: $0
- Other: $16,309
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $3,800
- Related: $0
- Other: $0
- Compensation: $3,800
- Related: $0
- Other: $0
- Compensation: $3,800
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $2,600
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
Official website here: www.capitalaccess.com
Where can I find the form 990 for Capital Access Group Inc?
Capital Access Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.capitalaccess.com
Learn more at the official website: www.capitalaccess.com
Mission Statement of Capital Access Group Inc
Capital Access Group Inc, functioning as an SBA-certified Development Company (CDC), is dedicated to stimulating the growth and expansion of small businesses predominantly through SBA loan programs. Their primary mission is to facilitate the procurement of long-term real estate loans for businesses, primarily through the SBA 504 loan program. By offering marketing, processing, closing, and servicing of such loans, Capital Access Group Inc plays a significant role in supporting the growth and development of small businesses, thereby contributing to the overall economic growth of the community.
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Impact
October, 2024
Capital Access Group Inc significantly contributes to the growth and expansion of small businesses by operating as an SBA Certified Development Company (CDC). Located in San Francisco, California, the organization is dedicated to facilitating access to long-term real estate loans primarily through the SBA 504 Loan Program. By marketing, processing, closing, and servicing these loans, Capital Access Group Inc plays a crucial role in enabling small businesses to secure the financing needed for growth and development.
This impact extends beyond financial assistance; by supporting small businesses, the organization helps stimulate local economies, create jobs, and promote community improvement. By lowering the barriers to capital for entrepreneurs, Capital Access Group Inc fosters an environment where small businesses can thrive, innovate, and contribute to the overall economic vitality of the region.
This information is meant to be a general summary of Capital Access Group Inc. 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: $61,796
- Program Service Revenue: $4,335,686
- Gross Receipts: $4,397,482
Assets and Liabilities:
- Total Assets: $2,689,643
- Total Liabilities: $1,124,673
- Net Assets: $1,564,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLOAT INCOME
Revenue
$644,470
Late fee
Revenue
$7,455
LOAN PROCESSING
Revenue
$1,121,938
LOAN SERVICING
Revenue
$2,455,522
Other
Revenue
$106,301
Organization Details
Founding Year
1995
Principal Officer
Jacklyn Jordan
Website
www.capitalaccess.comNTEE Category
Code: S43 - Community improvement
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