2020-08-13T19:57:34-05:00 2019-09-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2018-10-01 943064064 CALIFORNIA STATEWIDE CERTIFIED DEVELOPMENT CORPORATION CALI 8003486258 426 D STREET DAVIS CA 95616 JEFF BOONE CEO 8003486258 2020-08-11 1 TRACY S PAGLIA P00366884 2099556100 2020-08-11 172.9.161.112 2020-08-11 17:43:44 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2CA4604677747A1B8287DC7DD1B2F222DAF5CAE3 2018 2020-11-06 18:47:13Z JEFF BOONE 426 D STREET DAVIS CA 95616 6203882 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 10 26 11 0 0 0 0 4310422 5068123 419209 555119 24219 10185 4753850 5633427 39411 39005 0 0 3532835 4059232 0 0 0 1208865 1391763 4781111 5490000 -27261 143427 6267368 6604051 889472 1082728 5377896 5521323 THE CORPORATION ASSISTS BUSINESSES TO OBTAIN GOVERNMENT LOANS AND SERVICES THOSE LOANS FOR THE PURPOSE OF PROMOTING URBAN AND RURAL ECONOMIC GROWTH. 0 0 3894782 39005 5037515 SBA 504 AND 7A LOAN PROGRAMS: DURING FYE 9/30/2019, CSCDC WAS RESPONSIBLE FOR PLACEMENT OF 174 SBA 504 LOANS AND 14 SBA 7A LOANS WITHIN ITS OWN PORTFOLIO. ADDITIONALLY, CSCDC SUPPORTED OTHER SBA PROGRAMS THROUGH REFERRALS TO SBA 7A LENDERS, MICRO-LENDING PROGRAMS AND BUSINESS ASSISTANCE PROGRAMS. SINCE INCEPTION, CSCDC HAS PROVIDED OVER $1.7 BILLION IN LOANS TO SMALL BUSINESSES SUPPORTING OVER $2.4 BILLION IN TOTAL PROJECT FINANCING TO OVER 2,550 SMALL BUSINESSES, HELPING CREATE OR RETAIN 25,140 JOBS. 75413 0 30608 USDA INTERMEDIARY RELENDING PROGRAM: AS OF 9/30/2019, OVER $1.75 MILLION IN IRP FUNDS HAVE BEEN COMMITTED TO RURAL SMALL BUSINESS THROUGHOUT CALIFORNIA. SINCE THE PROGRAM'S INCEPTION, 54 BUSINESSES IN RURAL CALIFORNIA HAVE BEEN ASSISTED, HELPING IN THE RETENTION OR CREATION OF 849 JOBS. 3970195 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 1 38 0 1 26 1 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X JEFF BOONE 5302972140 426 D STREET DAVIS CA 95616 JOHN DIMICHELE CHAIRMAN 1.00 0.10 X X 5850 0 0 JIM GARLOCK VICE CHAIRMAN 1.00 0.10 X X 4675 0 0 JOHN LESCROART SECRETARY 1.00 0.10 X X 3850 0 0 MARK LEAS TREASURER 1.00 0.10 X X 3019 0 0 ROBERT BRADY DIRECTOR 1.00 0.10 X 4700 0 0 DON CAVAZOS DIRECTOR 1.00 0.10 X 0 0 0 BARBARA HAYES DIRECTOR 1.00 0.10 X 5125 0 0 LEE SCOTT DIRECTOR 1.00 0.10 X 6125 0 0 LAUREL SHOCKLEY DIRECTOR 1.00 0.10 X 4650 0 0 BRUCE STENSLIE DIRECTOR 1.00 0.10 X 3700 0 0 JEFF BOONE CEO 40.00 0.10 X 261589 0 8052 SASHA GLOBA PRESIDENT 40.00 0.00 X 238089 0 6685 CARLO SAMSON EXECUTIVE VP 40.00 0.00 X 388781 0 41797 PATRICIA GRIFFIN GLOBA SENIOR LOAN OFFICER 40.00 0.00 X 244451 0 36662 CRAIG SAMSON BUSINESS DEVELOPMENT OFFICER 40.00 0.00 X 173764 0 27869 MARK SCHWAN SENIOR UNDERWRITER 40.00 0.00 X 134400 0 16256 ALEEN HARMON SENIOR UNDERWRITER 40.00 0.00 X 130233 0 20192 DIANE BERRY SENIOR CLOSING OFFICER 40.00 0.00 X 126500 0 15748 1739501 0 173261 14 0 1 0 0 LOAN SERVICING FEES 561000 2979993 2979993 LOAN PACKAGING FEES 561000 2030426 2030426 OTHER PROGRAM INCOME 561000 57704 57704 5068123 491754 491754 633820 570455 63365 63365 63365 OTHER INCOME 561000 10185 10185 10185 5633427 5068123 0 565304 39005 39005 1267807 1057958 209849 298283 257375 40908 1986381 1749935 236446 58611 50573 8038 231384 199651 31733 216766 187038 29728 73339 73339 78315 78315 143960 143960 41109 41109 42190 42190 111562 111562 89897 89897 83885 83885 91695 71224 20471 8117 2490 5627 78518 78518 51704 51704 ENTERTAINMENT 156869 156869 DUES AND SUBSCRIPTIONS 38561 38561 ENVIRONMENTAL REPORT 14925 14925 REDUCTION OF LOAN LOSS -34147 -34147 321264 321264 5490000 3970195 1519805 0 956334 916432 2353363 1598069 857515 1023689 479249 1440762 47958 38482 2299445 1006935 1357915 1292510 215034 294107 6267368 6604051 435576 646819 233832 272312 220064 163597 889472 1082728 X 5193810 5279069 184086 242254 5377896 5521323 6267368 6604051 143427 0 X 0 1 X 0 0 167737 167737 1481862 510943 970919 280118 182772 97346 369728 313220 56508 0 0 0 1292510 PCLP LOAN RESERVE 163597 163597 X 5683436 50009 50009 5633427 0 5633427 5541333 51333 51333 5490000 0 5490000 PART X, LINE 2: THE COMPANY IS A NONPROFIT CORPORATION 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, THESE CONSOLIDATED FINANCIAL STATEMENTS CONTAIN NO PROVISION FOR SUCH TAXES. INFORMATIONAL RETURNS ARE FILED ANNUALLY WITH FEDERAL AND STATE TAXING AUTHORITIES. THE COMPANY IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD AFFECT ITS TAX-EXEMPT STATUS. THE COMPANY HAD NO UNRECOGNIZED TAX BENEFITS AS OF SEPTEMBER 30, 2019 AND 2018, RESPECTIVELY. THE COMPANY 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 CONSOLIDATED FINANCIAL STATEMENTS. FOR THE YEARS ENDED SEPTEMBER 30, 2019 AND 2018, THERE WERE NO TAX, INTEREST OR PENALTIES RECORDED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF SUBSIDIARY REPORTED ON A SEPARATE RETURN 50,009. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF SUBSIDIARY REPORTED ON A SEPARATE RETURN 51,333. X X X X 0 0 0 0 0 0 0 1 0 JEFF BOONE CEO 177502 0 84087 0 0 0 6767 0 1285 0 269641 0 0 0 SASHA GLOBA PRESIDENT 160002 0 78087 0 0 0 5400 0 1285 0 244774 0 0 0 CARLO SAMSON EXECUTIVE VP 125000 0 263781 0 0 0 11000 0 30797 0 430578 0 0 0 PATRICIA GRIFFIN GLOBA SENIOR LOAN OFFICER 115008 0 129443 0 0 0 8461 0 28201 0 281113 0 0 0 CRAIG SAMSON BUSINESS DEVELOPMENT OFFICER 73542 0 100222 0 0 0 5819 0 22050 0 201633 0 0 0 MARK SCHWAN SENIOR UNDERWRITER 110000 0 24400 0 0 0 8128 0 8128 0 150656 0 0 0 ALEEN HARMON SENIOR UNDERWRITER 130233 0 0 0 0 0 6578 0 13614 0 150425 0 0 0 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 269641 EMPLOYMENT COMPENSATION 0 SASHA GLOBA FAMILY MEMBER OF KEY EMPLOYEE, PATTY GLOBA 244774 EMPLOYMENT COMPENSATION 0 CRAIG SAMSON FAMILY MEMBER OF KEY EMPLOYEE, CARLO SAMSON 201633 EMPLOYMENT COMPENSATION 0 PATTY GLOBA FAMILY MEMBER OF OFFICER, SASHA GLOBA 281113 EMPLOYMENT COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 2 ANITA BOONE AND JEFF BOONE - FAMILY RELATIONSHIP PATRICIA GLOBA AND SAHSA GLOBA - FAMILY RELATIONSHIP CRAIG SAMSON AND CARLO SAMSON - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S MANAGEMENT REVIEWS THE FORM 990 PRIOR TO FILING WITH THE IRS. THE BOARD RECEIVES A COPY OF THE FINAL FILED RETURN AFTER IT IS SUBMITTED TO 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 15 THE BOARD OF DIRECTORS MET TO REVIEW EXECUTIVE COMPENSATION COMPARABILITY DATA COMPILED BY AN INDEPENDENT CONSULTANT TO DETERMINE THE COMPENSATION PACKAGES FOR THE CHIEF EXECUTIVE OFFICER AND THE PRESIDENT WITH THE MEETING CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN DECEMBER 2017 WITH FINAL APPROVAL MADE IN MARCH 2018 BY THE FULL BOARD OF DIRECTORS. 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. CALIFORNIA STATEWIDE COMMUNITY DEVELOPMENT FUND INC 426 D STREET DAVIS CA 95616 831492139 COMMUNITY SUPPORT AND DEVELOPMENT CA 501(C)(3) LINE 10 CALIFORNIA STATEWIDE CERTIFIED DEVELOPMENT CORPORATION 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 CALIFORNIA STATEWIDE COMMUNITY DEVELOPMENT FUND INC Q 51333 FMV