1. Directory
  2. California
  3. Los Angeles
  4. Business Finance Capital
EIN 95-4313041

Business Finance Capital

IRS 501(c) type
501(c)(4)
Num. employees
29
City
Los Angeles
State
California
Year formed
1992
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
Business Finance Capital is an economic development organization in Los Angeles, CA whose mission is: To promote job creation and retention.
Also known as...
L A County Small Business Dev Corporation
Total revenues
$11,143,694
2023
Total expenses
$9,084,258
2023
Total assets
$9,446,622
2023
Num. employees
29
2023

Program areas at Business Finance Capital

Provided loans and servicing of loans to small businesses through the small Business administration loan program. The organization is a certfied development company. The program activities develop and sustain the economy and promote small Business growth, while retaining and creating jobs for communities.

Personnel at Business Finance Capital

NameTitleCompensation
Larry ScherzerChief Financial Officer and Secretary$0
Carly Whitney, CPASenior Vice President , Business Development Officer$897,193
Lisa MattaSenior Vice President$306,404
Ray SakaidaExecutive Vice President and Business Development Officer
Therese HoganVice President Loan Processing Manager$355,341
...and 6 more key personnel

Financials for Business Finance Capital

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$10,555,237
Investment income and dividends$588,457
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,143,694

Form 990s for Business Finance Capital

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-02-10990View PDF
2021-062022-04-27990View PDF
2020-062021-06-30990View PDF
2019-062020-02-18990View PDF
...and 9 more Form 990s
Data update history
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 16, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Used new vendors
Identified 1 new vendor, including
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Tax deductible donations
General information
Address
1055 W 7th St 2250
Los Angeles, CA 90017
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
bfcfunding.com/ 
Phone
(213) 999-1481
IRS details
EIN
95-4313041
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Business Finance Capital has new information, or want to find more organizations like Business Finance Capital?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy