2023-08-15T15:54:22-05:00 2022-09-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2021-10-01 943064064 CALIFORNIA STATEWIDE CERTIFIED DEVELOPMENT CORPORATION CALI 8003486258 426 D STREET DAVIS CA 95616 DENISE ZBORALSKE CFO 8003486258 2023-08-15 1 DENISE ZBORALSKE 999009999 TRACY S PAGLIA P00366884 2099556100 2023-08-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CALIFORNIA STATEWIDE CDC JEFF BOONE 426 D STREET DAVIS CA 95616 9833147 0 X WWW.CALSTATEWIDE.COM X 1987 CA ASSIST BUSINESSES OBTAIN GOV'T LOANS; SERVICE GOV'T LOANS TO PROMOTE URBAN & RURAL ECONOMIC GROWTH 10 6 44 12 0 0 55000 0 8392863 8737533 925907 96048 44300 149846 9418070 8983427 89201 84305 0 0 5862437 6807718 0 0 0 1917507 1877220 7869145 8769243 1548925 214184 11143357 11407239 4166218 4215916 6977139 7191323 X CSCDC BELIEVES IN GIVING BUSINESSES THE OPPORTUNITY TO GROW. CSCDC RESPONDS TO EACH CLIENT WITH THE PERSONAL SERVICE THAT ONLY AN EXPERIENCED, KNOWLEDGEABLE CDC LIKE OURS CAN PROVIDE. CSCDC HAS A REPUTATION FOR CONSISTENTLY FAST PROCESSING TURNAROUND, AND ARE ESPECIALLY SENSITIVE TO THE DETAILS AND KIND OF FOLLOW-THROUGH NECESSARY TO MAKE AN SBA TRANSACTION SUCCESSFUL. 0 0 7212461 0 8105896 SBA 504 LOAN PROGRAM: DURING FYE 9/30/2022, CSCDC WAS RESPONSIBLE FOR PLACEMENT OF 197 SBA 504 LOANS. ADDITIONALLY, CSCDC SUPPORTED OTHER SBA PROGRAMS THROUGH REFERRALS TO SBA 7A LENDERS, MICROLENDING PROGRAMS AND BUSINESS ASSISTANCE PROGRAMS. SINCE INCEPTION, CSCDC HAS PROVIDED OVER $2 BILLION IN LOANS TO SMALL BUSINESSES SUPPORTING $5 BILLION IN TOTAL PROJECT FINANCING TO 3,200 SMALL BUSINESSES, HELPING CREATE OR RETAIN OVER 34,000 JOBS. 423769 84305 631637 SBA 7A LOAN PROGRAM: DURING FYE 9/30/2022, CSCDC WAS RESPONSIBLE FOR PLACEMENT OF 14 SBA 7A COMMUNITY ADVANTAGE LOANS. ADDITIONALLY, CSCDC SUPPORTED OTHER SBA PROGRAMS THROUGH REFERRALS TO SBA 7A LENDERS, MICROLENDING PROGRAMS AND BUSINESS ASSISTANCE PROGRAMS. 7636230 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 37 0 1 44 1 0 0 0 0 0 0 0 0 X 10 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X JEFF BOONE 5302972140 426 D STREET DAVIS CA 95616 CARLO SAMSON SENIOR EXECUTIVE VICE PRESIDENT 40.00 X 696914 0 38799 CRAIG SAMSON SENIOR VP, SR LOAN OFFICER 40.00 X 446016 0 36603 JEFF BOONE CEO 40.00 X 396000 0 12779 MARK SCHWAN SENIOR VP, SR LOAN OFFICER 40.00 X 231279 0 32638 PATRICIA GLOBA THRU 0822 SENIOR VP, SR LOAN OFFICER 40.00 X 171695 0 29070 DENISE POST SENIOR CLOSER 40.00 X 146326 0 22793 ALEEN HARMON SENIOR UNDERWRITER 40.00 X 131800 0 18971 DENISE ZBORALSKE CFO/COO 40.00 X 127282 0 17953 DIANE BERRY SENIOR UNDERWRITER 40.00 X 137489 0 5411 DANA LOFGREN CLOSING MANAGER 40.00 X 135387 0 5416 JOHN DIMICHELE CHAIRMAN 1.00 X X 19388 0 0 ROBERT BRADY DIRECTOR 1.00 X 19088 0 0 LEE SCOTT VICE CHAIRMAN 1.00 X X 18638 0 0 DON CAVAZOS DIRECTOR 1.00 X 17813 0 0 NAHZ AVERY SECRETARY 1.00 X X 16463 0 0 TODD HOLLEY DIRECTOR 1.00 X 16013 0 0 BARBARA HAYES DIRECTOR 1.00 X 15300 0 0 MARK LEAS TREASURER 1.00 X X 13763 0 0 CINDY LARSON DIRECTOR 1.00 X 225 0 0 JAMES RENNER DIRECTOR 1.00 X 0 0 0 2756879 0 220433 28 0 1 0 0 LOAN SERVICING FEES 561000 4247066 4247066 LOAN PACKAGING FEES 561000 3735711 3735711 LOAN INTEREST INCOME 561000 492480 492480 OTHER LOAN FEES 561000 262276 262276 8737533 20974 20974 924794 849720 75074 75074 75074 OTHER INCOME 561000 149846 149846 149846 8983427 8737533 0 245894 84305 84305 2266609 2090509 176100 416239 416239 3258053 3213287 44766 100134 99234 900 421186 403478 17708 345497 332694 12803 28233 28233 16447 16447 84900 84900 151431 151431 100352 100352 184731 1196 183535 197864 125934 71930 61784 61784 130573 5188 125385 28041 28041 50866 50866 87300 87300 LENDING EXPENSES 399642 382477 17165 ENTERTAINMENT 281206 281206 DUES & SUBSCRIPTIONS 24673 24673 49177 21011 28166 8769243 7636230 1133013 0 3052647 2432162 1452170 2963105 582976 1531696 5279273 2010458 104203 113179 1362307 762052 589360 600255 0 1506385 82728 249999 11143357 11407239 1181094 969856 179345 252313 2588714 2874679 217065 119068 4166218 4215916 X 6716704 6854969 260435 336354 6977139 7191323 11143357 11407239 214184 0 X 0 1 X 1 0 167737 167737 649957 350456 299501 125275 77650 47625 419338 333946 85392 600255 PCLP LOAN RESERVE 107947 INTEREST PAYABLE 11121 119068 X 8983427 0 8983427 0 8983427 8769243 0 8769243 0 8769243 PART X, LINE 2: CSCDC IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(4), AND FROM STATE OF CALIFORNIA INCOME TAXES, EXCEPT ON UNRELATED BUSINESS INCOME. THEREFORE, THE FINANCIAL STATEMENTS CONTAIN NO PROVISION FOR SUCH TAXES. INFORMATIONAL RETURNS ARE FILED ANNUALLY WITH FEDERAL AND STATE TAXING AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD AFFECT ITS TAX-EXEMPT STATUS AND HAD NO UNRECOGNIZED TAX BENEFITS AS OF SEPTEMBER 30, 2022 AND 2021. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. DURING THE YEARS ENDED SEPTEMBER 30, 2022 AND 2021, THERE WERE NO TAX, INTEREST, OR PENALTIES RECORDED IN THE STATEMENTS OF ACTIVITIES. 1 YOLO COUNTY CASA 724 MAIN ST SUITE 101 WOODLAND CA 95695 680362495 501(C)(3) 5600 0 GENERAL SUPPORT COMMUNICARE HEALTH CENTERS 2051 JOHN JONES RD DAVIS CA 95616 942188574 501(C)(3) 7500 0 GENERAL SUPPORT 2 0 PART I, LINE 2: THE ORGANIZATION MAKES CHARITABLE CONTRIBUTIONS TO QUALIFIED 501(C)(3) PUBLIC CHARITIES. NO FORMAL MONITORING IS REQUIRED. X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 CARLO SAMSON SENIOR EXECUTIVE VICE PRESIDENT 125000 0 571914 0 0 0 8585 0 30214 0 735713 0 0 0 CRAIG SAMSON SENIOR VP, SR LOAN OFFICER 88333 0 357683 0 0 0 13046 0 23557 0 482619 0 0 0 JEFF BOONE CEO 281250 0 114750 0 0 0 11059 0 1720 0 408779 0 0 0 MARK SCHWAN SENIOR VP, SR LOAN OFFICER 110004 0 121275 0 0 0 8592 0 24046 0 263917 0 0 0 PATRICIA GLOBA THRU 0822 SENIOR VP, SR LOAN OFFICER 115008 0 56687 0 0 0 6868 0 22202 0 200765 0 0 0 DENISE POST SENIOR CLOSER 132207 0 14119 0 0 0 0 0 22793 0 169119 0 0 0 ALEEN HARMON SENIOR UNDERWRITER 120000 0 11800 0 0 0 5272 0 13699 0 150771 0 0 0 PART I, LINE 1A THE SIGNIFICANT OTHERS OF EMPLOYEES ARE INVITED TO ATTEND THE ANNUAL STAFF RETREAT AND THE BOARD RETREAT. THE COMPANY PAYS FOR THEIR TRAVEL COSTS. THEY ARE NOT CONSIDERED TAXABLE TO THE RECIPIENTS. THE BUSINESS DEVELOPMENT OFFICERS HAVE MEMBERSHIPS TO A GOLF CLUB FOR BUSINESS PURPOSES. THE MEMBERSHIPS ARE NOT CONSIDERED TAXABLE TO THE RECIPIENT. PART I, LINE 7 MANAGEMENT ANNUALLY DETERMINES EMPLOYEE BONUSES ON A DISCRETIONARY BASIS USING A MODEL THAT CONNECTS BONUS AMOUNTS TO PERFORMANCE OF THE INDIVIDUAL, TEAM, AND THE ORGANIZATION. ANITA BOONE FAMILY MEMBER OF OFFICER, JEFF BOONE 98736 EMPLOYMENT COMPENSATION 0 CARLO SAMSON FAMILY MEMBER OF KEY EMPLOYEE, CRAIG SAMSON 789679 EMPLOYMENT COMPENSATION 0 CRAIG SAMSON FAMILY MEMBER OF KEY EMPLOYEE, CARLO SAMSON 527897 EMPLOYMENT COMPENSATION 0 AMY CARLA DEGUZMAN FAMILY MEMBER OF KEY EMPLOYEES, CARLO AND CRAIG SAMSON 124273 EMPLOYMENT COMPENSATION 0 UNLEASHING LEADERS 100% CONTROLLED ENTITY OF BOARD MEMBER, LEE SCOTT 42474 SOFTWARE IMPLEMENTATION SERVICE 0 FORM 990, PART VI, SECTION A, LINE 2 CARLO SAMSON AND CRAIG SAMSON - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO/COO AND CEO. THE BOARD RECEIVED A COPY OF THE FINAL RETURN VIA THE BOARD PORTAL BEFORE THE RETURN WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD OR DELEGATED POWERS SHALL SIGN A STATEMENT ATTESTING TO THE FACT THAT HE/SHE: - HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY. - HAS READ AND UNDERSTANDS THE POLICY. - HAS AGREED TO COMPLY WITH THE POLICY. - UNDERSTANDS THE ORGANIZATION IS A NON-PROFIT CORPORATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. NO TRANSACTION OF THE ORGANIZATION SHALL BE VOIDABLE BY REASON OF THE FACT THAT ANY DIRECTOR OR OFFICER OF THE ORGANIZATION HAS AN INTEREST IN THE CONCERN WITH WHICH SUCH TRANSACTION IS ENTERED INTO, PROVIDED: A) THE INTEREST OF SUCH OFFICER OR DIRECTOR IS FULLY DISCLOSED TO THE BOARD OF DIRECTORS. B) SUCH TRANSACTION IS DULY APPROVED BY THE BOARD OF DIRECTORS NOT SO INTERESTED OR CONNECTED AS BEING IN THE BEST INTERESTS OF THE ORGANIZATION. C) PAYMENTS TO THE INTERESTED OFFICER OR DIRECTOR ARE REASONABLE AND DO NOT EXCEED FAIR MARKET VALUE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D) NO INTERESTED OFFICER OR DIRECTOR MAY VOTE OR LOBBY ON THE MATTER OR BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT THE MEETING AT WHICH SUCH TRANSACTION MAY BE AUTHORIZED. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION, AND RATIONALE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS MEETS TO REVIEW AND DETERMINE COMPENSATION FOR THE CEO ANNUALLY, USING COMPARABILITY DATA COMPILED BY A THIRD-PARTY INDEPENDENT COMPENSATION CONSULTANT PER SBA REQUIREMENTS. THE MEETING WAS CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2021 WITH APPROVAL BY THE FULL BOARD OF DIRECTORS. COMPENSATION FOR THE CFO/COO IS ALSO BASED ON AN ANALYSIS BY A THIRD-PARTY COMPENSATION CONSULTANT. THE SALARY IS APPROVED BY THE CEO AND REVIEWED BY THE BOARD ON AN ANNUAL BASIS. ALL OTHER KEY EMPLOYEE COMPENSATION IS BASED ON INDUSTRY AND MARKET ANALYSIS, APPROVED BY THE CEO AND REVIEWED ANNUALLY BY THE BOARD, PER SBA REQUIREMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.