2025-08-12T15:57:14-05:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2023-10-01 943064064 CALIFORNIA STATEWIDE CERTIFIED DEVELOPMENT CORPORATION CALI 8009829192 426 D STREET DAVIS CA 95616 DENISE ZBORALSKE CFO/COO 9167655805 2025-08-12 1 1 AMY L HENDLEY P01300654 2099556100 2025-08-12 2023 2025-03-06 01:10:19Z CALIFORNIA STATEWIDE CDC DENISE ZBORALSKE 426 D STREET DAVIS CA 95616 12084043 0 X WWW.STATEWIDECDC.COM X 1987 CA ASSIST BUSINESSES OBTAIN GOV'T LOANS; SERVICE GOV'T LOANS TO PROMOTE URBAN & RURAL ECONOMIC GROWTH 12 12 46 0 0 0 5000 10000 9528802 10578698 271884 301653 151612 137575 9957298 11027926 83425 68226 0 0 7196990 7981322 0 0 0 2285907 2928065 9566322 10977613 390976 50313 11947341 11820386 4365042 4187774 7582299 7632612 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 9150403 68226 10578698 SBA 504 LOAN PROGRAM: DURING FYE 9/30/2024, CSCDC WAS RESPONSIBLE FOR PLACEMENT OF 238 SBA 504 LOANS AND 6 SBA 7A COMMUNITY ADVANTAGE 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 $2.5 BILLION IN LOANS TO SMALL BUSINESSES SUPPORTING $5 BILLION IN TOTAL PROJECT FINANCING TO 3,400 SMALL BUSINESSES, HELPING CREATE OR RETAIN OVER 35,000 JOBS. 9150403 0 1 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 0 0 0 0 0 0 0 0 0 1 41 0 1 46 1 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X DENISE ZBORALSKE 9167655805 426 D STREET DAVIS CA 95616 JOHN DIMICHELE CHAIRMAN 1.00 X X 23228 0 0 MARK LEAS TREASURER 1.00 X X 18482 0 0 BARBARA HAYES DIRECTOR 1.00 X 18240 0 0 DON CAVAZOS DIRECTOR 1.00 X 17671 0 0 ROBERT BRADY DIRECTOR 1.00 X 16971 0 0 CINDY LARSON DIRECTOR 1.00 X 15578 0 0 TODD HOLLEY DIRECTOR 1.00 X 15384 0 0 JAMES RENNER DIRECTOR 1.00 X 14059 0 0 LEE SCOTT VICE CHAIRMAN 1.00 X X 13982 0 0 PHIL FEGHALI DIRECTOR 1.00 X 13309 0 0 NAHZ ANVARY SECRETARY 1.00 X X 11646 0 0 TIFFANY MONROE DIRECTOR 1.00 X 10020 0 0 JEFF BOONE CEO 40.00 X 431717 0 13024 DENISE ZBORALSKE CFO/COO 40.00 X 271717 0 30349 CARLO SAMSON SENIOR EXECUTIVE VICE PRESIDENT 40.00 X 506621 0 35960 CRAIG SAMSON SENIOR VP, SR LOAN OFFICER 40.00 X 320824 0 34104 SPIROS KARATZIS SENIOR VP, SR LOAN OFFICER 40.00 X 212981 0 27020 MARAT MANUCHARYAN SENIOR VP, SR LOAN OFFICER 40.00 X 204948 0 27248 GEORGE CHRISTIDIS SENIOR VP, SR LOAN OFFICER 40.00 X 215779 0 14852 JEREMY MEHLER SENIOR VP, SR LOAN OFFICER 40.00 X 156789 0 29391 DANA LOFGREN VP, CLOSING MANAGER 40.00 X 159240 0 8428 2669186 0 220376 27 0 1 0 0 10000 10000 LOAN SERVICING FEES 561000 5609412 5609412 LOAN PACKAGING FEES 561000 3322432 3322432 LOAN INTEREST INCOME 561000 1558502 1558502 OTHER LOAN FEES 561000 88352 88352 10578698 197528 197528 1160242 1056117 104125 104125 104125 OTHER INCOME 561000 137575 137575 137575 11027926 10578698 0 439228 68226 68226 1995855 1422401 573454 211590 211590 4703516 4667281 36235 149271 145575 3696 483295 448690 34605 437795 400188 37607 25323 25323 69752 69752 62894 62894 197013 197013 98199 98199 279335 279335 193564 193564 86853 86853 600033 473346 126687 26605 26605 51262 51262 113096 113096 LENDING EXPENSES 762875 757804 5071 DUES & SUBSCRIPTIONS 30496 30496 330765 244831 85934 10977613 9150403 1827210 0 704773 913799 4816932 3494938 2110318 2534912 3166174 3743760 158888 159156 1362307 874344 539225 487963 451031 485858 11947341 11820386 1144968 1429631 252313 252313 2708985 2351012 258776 154818 4365042 4187774 X 7067844 6776177 514455 856435 7582299 7632612 11947341 11820386 50313 0 X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 167737 167737 649957 382953 267004 125275 85858 39417 419338 405533 13805 487963 PCLP LOAN RESERVE 107947 LEASE LIABILITY 39346 INTEREST PAYABLE 7525 154818 X 11027926 0 11027926 0 11027926 10977613 0 10977613 0 10977613 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, 2024 AND 2023. 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, 2024 AND 2023, THERE WERE NO TAX, INTEREST, OR PENALTIES RECORDED IN THE STATEMENTS OF ACTIVITIES. 1 BETTER LIFE FOUNDATION 4725 MOORE WAY CARMICHAEL CA 95608 371820255 501(C)(3) 12500 0 GENERAL SUPPORT CALIFORNIA STATEWIDE DEVELOPMENT FUND 426 D STREET DAVIS CA 95616 831492139 501(C)(3) 25000 0 GENERAL SUPPORT YOLO COUNTY CASA 724 MAIN STREET WOODLAND CA 95695 680362495 501(C)(3) 5200 0 GENERAL SUPPORT HEALTH EDUCATION COUNCIL 7617 ALMA VISTA WAY SUITE C SACRAMENTO CA 95831 680249296 501(C)(3) 7000 0 GENERAL SUPPORT 4 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 124636 0 381985 0 0 0 11600 0 24360 0 542581 0 0 0 JEFF BOONE CEO 299717 0 132000 0 0 0 11989 0 1035 0 444741 0 0 0 CRAIG SAMSON SENIOR VP, SR LOAN OFFICER 109656 0 211168 0 0 0 9744 0 24360 0 354928 0 0 0 DENISE ZBORALSKE CFO/COO 201717 0 70000 0 0 0 7376 0 22973 0 302066 0 0 0 SPIROS KARATZIS SENIOR VP, SR LOAN OFFICER 104003 0 108978 0 0 0 2933 0 24087 0 240001 0 0 0 MARAT MANUCHARYAN SENIOR VP, SR LOAN OFFICER 100748 0 104200 0 0 0 3152 0 24096 0 232196 0 0 0 GEORGE CHRISTIDIS SENIOR VP, SR LOAN OFFICER 106801 0 108978 0 0 0 2933 0 11919 0 230631 0 0 0 JEREMY MEHLER SENIOR VP, SR LOAN OFFICER 112009 0 44780 0 0 0 6272 0 23119 0 186180 0 0 0 DANA LOFGREN VP, CLOSING MANAGER 132750 0 26490 0 0 0 6370 0 2058 0 167668 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 USING A DEFINED BONUS PLAN USING A MODEL THAT CONNECTS BONUS AMOUNTS TO PERFORMANCE OF THE INDIVIDUAL, TEAM, AND THE ORGANIZATION. A PORTION OF BONUSES ARE DETERMINED ON A DISCRETIONARY BASIS. AMY CARLA DEGUZMAN FAMILY MEMBER OF KEY EMPLOYEES, CARLO AND CRAIG SAMSON 127649 EMPLOYMENT COMPENSATION 0 ANITA BOONE FAMILY MEMBER OF OFFICER, JEFF BOONE 83941 EMPLOYMENT COMPENSATION 0 CARLO SAMSON FAMILY MEMBER OF KEY EMPLOYEE, CRAIG SAMSON 538195 EMPLOYMENT COMPENSATION 0 CRAIG SAMSON FAMILY MEMBER OF KEY EMPLOYEE, CARLO SAMSON 374622 EMPLOYMENT COMPENSATION 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 REVIEWED AND APPROVED THE FORM 990 BEFORE IT 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 DISCLOSE ALL MATERIAL FACTS TO THE SBA, DIRECTORS, AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FOR MATTERS REQUIRING A VOTE, THE INTERESTED PERSON(S) MUST RECUSE THEMSELVES FROM THE VOTE. REMAINING DIRECTORS AND MEMBERS OF COMMITTEES WITHOUT A FINANCIAL INTEREST WILL VOTE ON THE TRANSACTION. 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 2022 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.