2020-10-29T11:56:24-05:00 2020-06-30 200570323 NELSON & ASSOCIATES CPAS 9245 LAGUNA SPRINGS DR STE 200 ELK GROVE CA 957587991 990 2019-07-01 943010425 CSAC FINANCE CORPORATION CSAC 9166508120 1100 K STREET SACRAMENTO CA 95814 ALAN FERNANDES CEO 9166508120 2020-10-29 true MICHELLE O NELSON CPA CFE MSA P00453636 9162996800 2020-10-29 66.60.176.98 2020-10-29 11:56:24 CD P 30975856F6ED02E8A14FA60E49B0057144E6BB39 30975856F6ED02E8A14FA60E49B0057144E6BB39 2019 2021-04-22 16:20:28Z ALAN FERNANDES 1100 K STREET 101 SACRAMENTO CA 95814 6039216 false X WWW.CSACFINANCECORP.ORG X 1986 CA TO PROVIDE A BROAD ARRAY OF FINANCE, INVESTMENT, INSURANCE AND PURCHASING SERVICES TO BENEFIT CALIFORNIA COUNTIES AND RELATED PUBLIC AGENCIES. 11 11 6 11 424055 194434 0 17106171 5701335 295401 247433 61823 90448 17463395 6039216 5198571 5300000 0 1205312 1019449 0 0 819633 737022 7223516 7056471 10239879 -1017255 15276428 13710747 1038755 328366 14237673 13382381 TO PROVIDE A BROAD ARRAY OF FINANCE, INVESTMENT, INSURANCE AND PURCHASING SERVICES TO BENEFIT CALIFORNIA COUNTIES AND RELATED PUBLIC AGENCIES. false false 5300000 5300000 GRANTS TO CSAC TOTALED 5,300,000 1587411 ARRANGED FINANCING FROM ACQUIRING, CONSTRUCTING, IMPROVING, LEASING AND SELLING BUILDINGS, EQUIPMENT, AND OTHER REAL PROPERTY FOR THE BENEFIT OF COUNTIES AND PUBLIC AGENCIES. ADMINISTERED THE CALTRUST PROGRAM, A CALIFORNIA JOINT POWERS AUTHORITY WHICH POOLS AND INVESTS THE OPERATING RESERVES AND BOND PROCEEDS OF LOCAL PUBLIC AGENCIES. THIS INCLUDED EXTENSIVE RFP PROCESSES AND TRANSITION MANAGEMENT FOR ALL OF THEIR SERVICE PROVIDERS. 6887411 false false false false false false false false false false false false false true true true false false false false false false false false false false true false true false false false false false false false true false false false false false false false false true 4 0 true 6 true true true false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false CA X CHRISTY STUTZMAN 9166069510 1100 K STREET 101 SACRAMENTO CA 95814 ALAN FERNANDES CEO 40.00 X X 296045 0 0 LAURA LABANIEH OPERATIONS 40.00 X 189813 0 0 JAMES MANKER BUSINESS DEV 40.00 X 188006 0 0 RYAN ALSOP DIRECTOR 0.50 X 0 0 0 VERNON BILLY DIRECTOR X 0 0 0 GREG COX DIRECTOR 0.50 X 0 0 0 JIM ERB TREASURER 0.50 X X 0 0 0 RICHARD FORSTER DIRECTOR 0.50 X 0 0 0 ELBA GONZALEZ DIRECTOR X 0 0 0 GRAHAM KNAUS VICE PRESIDE 0.50 X X 0 0 0 LEONARD MOTY PRESIDENT 0.50 X X 0 0 0 SUSAN MURANISHI DIRECTOR 0.50 X 0 0 0 WILLIAM RUTLAND DIRECTOR 0.50 X 0 0 0 DAVID TWA DIRECTOR X 0 0 0 673864 3 false true false ADMINISTRATIVE FEES 525990 3018355 3018355 CORPORATE ASSOICATES 1002918 1002918 CAL TRUST INCOME 525100 527727 527727 DEFERRED COMP PROGRAM 523000 424055 424055 DEFERRED COMP PROGRAM 900099 424055 424055 304225 304225 5701335 247433 247433 77024 77024 MISCELLANEOUS INCOME 13424 13424 13424 6039216 5615161 424055 5300000 5300000 629872 535391 94481 55817 82444 -26627 235490 208454 27036 90690 82790 7900 7580 6443 1137 58253 50478 7775 31704 12490 19214 11617 11617 3440 2924 516 8889 8060 829 72432 65314 7118 615 523 92 BOARD MEETING & EVENTS 343987 329920 14067 PROGRAM DEVELOPMENT 75633 70522 5111 INCOME TAX EXPENSE 61045 61045 MISCELLANEOUS 44586 37898 6688 24821 21098 3723 7056471 6887411 169060 0 2132947 1731283 333750 642609 501232 501232 53160 73075 12255339 10762548 15276428 13710747 132420 171121 906335 157245 1038755 328366 X 14237673 13382381 14237673 13382381 15276428 13710747 -1017255 161963 X false true X true false DUE TO CSAC 98885 FEDERAL & STATE INCOME TAXES 33360 UNEARNED REVENUE 25000 157245 X 6039216 6039216 6039216 7056471 7056471 7056471 SCHEDULE D, PAGE 3, PART X THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C)(4) OF THE INTERNAL REVENUE CODE. IT IS SUBJECT TO TAX ON ITS UNRELATED BUSINESS INCOME. INCOME TAXES ARE PROVIDED FOR THE TAX EFFECTS OF UNRELATED BUSINESS INCOME REPORTED IN THE FINANCIAL STATEMENTS. THERE ARE NO DIFFERENCES BETWEEN AMOUNTS REPORTED IN THE FINANCIAL STATEMENTS AND AMOUNTS REPORTED IN THE TAX RETURN; ACCORDINGLY, THERE ARE NO DEFERRED TAXES. MANAGEMENT BELEIVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE AN UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. false COUNTY SUPERVISORS ASSOC CA 1100 K STREET 101 SACRAMENTO CA 95814 5300000 CASH GENERAL PURPOSE X true true X false false false false false false false false false ALAN FERNANDES CEO 296045 296045 LAURA LABANIEH OPERATIONS 189813 189813 JAMES MANKER BUSINESS DEVELOPMENT 188006 188006 ED OF CSAC SEE BELOW false SCHEDULE L, PART V THE EXECUTIVE DIRECTOR OF CSAC IS A MEMBER OF THE BOARD OF DIRECTORS OF CSAC FINANCE CORPORATION. CSAC FINANCE CORPORATION RENTS OFFICE SPACE FROM CSAC. IN ADDITION, CSAC ADMINISTERS PAYROLL SERVICES TO CSAC FINANCE CORPORATION. CSAC FINANCE CORPORATION REIMBURSES CSAC FOR THE EXPENSES. THE CSAC FINANCE CORPORATION ANNUALLY ALLOCATES A GRANT TO CSAC BASED ON THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD IS PROVIDED A COPY OF THE 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY AND ANY CONFLICTS OF INTEREST IS DISCUSSED DURING THE BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE DETERMINES THE EXECUTIVE VICE PRESIDENTS COMPENSATION PACKAGE ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.