EIN 74-3111258

California Finance Consortium

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2014
Most recent tax filings
2024-06-01
NTEE code, primary
Description
California Finance Consortium supports its member lenders in protecting their losses and receiving capital through loan guarantees and participations. Its members include 3CORE, Arcata Economic Development Corporation, Superior California Economic Development, and Yuba-Sutter Economic Development Corporation, who prioritize economic development. California Finance Consortium is located in Chico, CA.
Also known as...
High Sierra Resourse Conservation and Development Council
Total revenues
$6,246
2024
Total expenses
$724,706
2024
Total assets
$1,741,979
2024
Num. employees
0
2024

Program areas at California Finance Consortium

The California Finance Consortium (CFC) is made up of its member lenders: 3CORE, Arcata Economic Development Corporation, Superior California Economic Development, and Yuba-Sutter Economic Development Corporation. Consistent with their economic development mission, CFC helps member lenders deliver well- structured and reasonably priced capital to healthy, growing, small businesses in underserved areas. This is accomplished by purchasing a participation share in and assuming equal risk for loans underwritten and approved by member lenders. The CFC also offers loan guarantees as an additional credit enhancement for member lenders.

Grants made by California Finance Consortium

GranteeGrant descriptionAmount
Aedc Small Business Lending CenterLending Capital$175,000
Superior California Economic DevelopmentLending Capital$175,000
Yuba Sutter Economic Development CorporationLending Capital$175,000
...and 1 more grant made

Personnel at California Finance Consortium

NameTitleCompensation
Marc NemanicExecutive Director$0
Brynda StranixBoard President$0
Joanna WilliamsFinance Officer$0

Financials for California Finance Consortium

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Program services$6,246
Investment income and dividends$0
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$6,246

Form 990s for California Finance Consortium

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-04990View PDF
2023-062023-10-27990View PDF
2022-062022-09-26990View PDF
2021-062021-12-21990View PDF
2020-062021-04-14990View PDF
...and 8 more Form 990s
Data update history
January 21, 2024
Updated personnel
Identified 2 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 9, 2023
Updated personnel
Identified 1 new personnel
May 8, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsCharities
Issues
Land and water conservationEnvironmentBusiness and industry
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2515 Ceanothus Ave 105
Chico, CA 95973
Metro area
Chico, CA
County
Butte County, CA
Website URL
californiafinance.org/ 
Phone
(530) 893-8732
IRS details
EIN
74-3111258
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
129175
FTB Entity ID
2501826
AB 488 data last updated ("as-of") date
2024-12-31
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