Program areas at PCR
Eda revolving loan fund under agreements with the economic Development administration (eda), the organization received federal grants to capitalize a revolving loan fund (rlf). The rlf capital is used by the organization to make loans to Small businesses in economically disadvantaged areas within the county of los angeles.
Small Business Development center (sbdc)the organization hosts a service center within the us Small Business administration's Small Business Development center (sbdc) network. Through this program, the organization provides counseling and training services to Small Business owners.
Metro bifthe organization is contracted to provide administrative services on behalf of the los angeles county metropolitan transportation authority ("metro") Business interruption fund ("bif"). The metro bif program provides grant funds to owners of Small businesses that are directly impacted by metro construction activities. As of june 30, 2020, the organization had administered the disbursement of $28,372,051 of metro bif grant funds to qualifying grantees.
Other program services primarily consist of other financial (i.e. Direct lending, loan underwriting, loan servicing) and educational services to underserved Small Business persons and communities.
Who funds Pacific Coast Regional Corporation (PCR)
Federal funding details
| Federal agency | CFDA code | Program name | Amount |
|---|
| Department of Commerce | 11.307 | ECONOMIC ADJUSTMENT ASSISTANCE | $4,565,378 |
| Small Business Administration | 59.037 | SMALL BUSINESS DEVELOPMENT CENTERS | $157,048 |
| Department of the Treasury | 21.020 | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM | $138,924 |
| ...and 2 more federal grants / contracts |
Personnel at PCR
| Name | Title | Compensation | Date of data |
|---|
| Mark Robertson | Chief Executive Officer | $222,399 | 2023-05-15 |
| Selena Davis | Senior Vice President and Chief Compliance Officer | | 2022-10-28 |
| Angela Winston | Vice President and Metro Bif Program Manager / Vice President and Program Manager | | 2022-10-28 |
| Colette Moore | SBDC Program Director | | 2022-10-28 |
| Bryan Miyamoto | Metro Bif Assistant Program Manager | | 2022-10-28 |
| ...and 4 more key personnel |
Financials for PCR
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,744,340 | $4,358,266 | -60% |
| Program services | $4,059,326 | $7,536,136 | -46.1% |
| Investment income and dividends | $631 | $540 | 16.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $5,804,297 | $11,894,942 | -51.2% |
Organizations like PCR
| Organization | Type | Location | Revenue |
|---|
| Metropolitan Economic Development Association | 501(c)(3) | Minneapolis, MN | $12,064,856 |
| Impact Seven | 501(c)(3) | Rice Lake, WI | $17,926,158 |
| Wisconsin Womens Business Initiative Corporation (WWBIC) | 501(c)(3) | Milwaukee, WI | $10,583,804 |
| Launch New York | 501(c)(3) | Buffalo, NY | $3,470,565 |
| Small Business Assistance Corporation | 501(c)(3) | Savannah, GA | $1,539,306 |
| Aedc Small Business Lending Center | 501(c)(3) | Eureka, CA | $2,196,456 |
| Western Colorado Business Development Corporation | 501(c)(3) | Grand Junction, CO | $2,689,196 |
| Sunshine State Economic Development Corporation | 501(c)(3) | Clearwater, FL | $1,695,679 |
| Logan Heights Community Development Corporation | 501(c)(3) | San Diego, CA | $6,411,912 |
| Renaissance Economic Development Corporation | 501(c)(3) | New York, NY | $5,438,735 |
Data update history
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 2 new personnel
July 23, 2022
Updated personnel
Identified 7 new personnel
May 22, 2022
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCommunity Development Financial InstitutionsCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingManagement and technical assistanceGala fundraisersTax deductible donations
General information
- Address
- 3255 Wilshire Blvd 1501
- Los Angeles, CA 90010
- Metro area
- Los Angeles-Long Beach-Anaheim, CA
- Website URL
- pcrcorp.org/Â
- Phone
- (213) 739-2999
- Facebook page
- sbdcpcrÂ
- Twitter profile
- @pcrsbdcÂ
IRS details
- EIN
- 95-3182187
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1977
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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