EIN 94-2861631

California Capital FDC

IRS 501(c) type
501(c)(3)
Num. employees
34
Year formed
1982
Most recent tax filings
2023-06-01
Description
Provide capital and development assistance to increase economic opportunities for underserved communities and persons by offering a wide range of flexible financial products and services.
Also known as...
California Capital Small Business Financial Development Corporation; California Capital Financial Development Corporation
Total revenues
$4,136,742
2023
Total expenses
$3,848,552
2023
Total assets
$4,782,406
2023
Num. employees
34
2023

Program areas at California Capital FDC

Capital access program: California Capital administers various loan programs including direct lending to Small businesses through federal and donor funded programs and administers loan guarantees under the direction of the state of California in which loans are guaranteed for Small businesses as well as technical assistance for loan readiness.
Sacramento valley sbdc: California Capital expanded services with the addition of the sbdc in 2022. The sbdc is a Small Business advisory funded through the sba to assist Small businesses with a broad range of Business Development services.
California Capital women's Business center: under cooperative agreement with the Small Business administration, is committed to building the capacity of Small businesses through educational workshops, one-on-one assistance, online learning, and connection with local resources. Wbc services focus on entrepreneurship, access to Capital, and specialized programs for industry sectors including childcare and b2b services.
California Capital apex accelerator: under cooperative agreement with the department of defense, the apex accelerator provides capacity-building training and direct assistance to Small businesses related to government contracting. We provide this procurement technical assistance to Small businesses who wish to or currently do Business with federal, state, or local government.

Who funds California Capital FDC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP Morgan Chase FoundationIn Support of Underserved Small Business Expansion$200,000
MUFG Union Bank FoundationCharitable$57,000
Association of Women's Business CentersGeneral Support$12,350

Personnel at California Capital FDC

NameTitleCompensation
Deborah Lowe MuramotoPresident and Chief Executive Officer$177,692
Michael SchremmerChief Operations Officer / Chief Operating Officer$114,116
Mike SchremmerChief Operations Officer
May MasunagaChief Financial Officer$140,830
Ivor NewmanProgram Director , Apex Accelerator$104,362
...and 14 more key personnel

Financials for California Capital FDC

RevenuesFYE 06/2023
Total grants, contributions, etc.$3,672,920
Program services$463,643
Investment income and dividends$179
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$4,136,742

Form 990s for California Capital FDC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-09-14990View PDF
2021-062022-05-16990View PDF
2020-062021-05-20990View PDF
2019-062020-09-25990View PDF
...and 8 more Form 990s
Data update history
October 19, 2024
Updated personnel
Identified 9 new personnel
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 1, 2024
Received grants
Identified 2 new grant, including a grant for $57,000 from MUFG Union Bank Foundation
October 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 27, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1792 Tribute Rd Suite 270
Sacramento, CA 95815
Metro area
Sacramento-Roseville-Folsom, CA
County
Sacramento County, CA
Website URL
cacapital.org/ 
Phone
(916) 442-1729
Facebook page
Cacapitalfdc 
Twitter profile
@cacapitalfdc 
IRS details
EIN
94-2861631
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
050856
FTB Entity ID
1130864
AB 488 data last updated ("as-of") date
2024-12-18
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