EIN 91-1951777

Working Solutions Cdfi

IRS 501(c) type
501(c)(3)
Num. employees
27
Year formed
1999
Most recent tax filings
2023-09-01
NTEE code, primary
Description
Working Solutions is a certified, nonprofit Community Development Financial Institution (CDFI) with a mission to provide affordable capital, customized business consulting, and community connections for underserved entrepreneurs in the San Francisco B...
Also known as...
TMC Development Working Solutions
Total revenues
$6,684,587
2023
Total expenses
$4,561,932
2023
Total assets
$18,529,952
2023
Num. employees
27
2023

Program areas at Working Solutions Cdfi

Working Solutions Cdfi ("Working Solutions or "the organization") is a California nonprofit corporation and a certified community development financial institution (Cdfi). Working Solutions is the first to believe in start-up and early-stage businesses by providing affordable capital, customized business consulting, and community connections to diverse entrepreneurs - with a focus on low-income individuals, entrepreneurs of color, and women - to increase economic opportunity in northern California. Working Solutions supports microenterprise growth to strengthen the local economy, create jobs, and build strong communities. Working Solutions provides the following services: (i) loans from $5,000 to $100,000; (ii) small business grants; (iii) free, one-on-one business consulting to help entrepreneurs navigate the challenges of owning a small business with a specific focus on financial management and risk mitigation; and (iv) referrals to free or low-cost industry experts for legal, accounting, marketing, and other types of specialized support.

Who funds Working Solutions Cdfi

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Scale LinkGeneral Support$315,916
JP Morgan Chase FoundationIn Support of Underserved Small Business Expansion$300,000
Sobrato Family Foundation (SFF)Capital, Consulting and Community Small Business Success for Silicon Valley$220,000
...and 8 more grants received

Personnel at Working Solutions Cdfi

NameTitleCompensation
Sara RazaviChief Executive Officer$178,136
Gasper MagallanesChief Financial Officer$176,990
Laura HooverChief Development Officer$170,561
Titi IkhileChief Program Officer
Jenelle RingHuman Resources Director
...and 21 more key personnel

Financials for Working Solutions Cdfi

RevenuesFYE 09/2023
Total grants, contributions, etc.$5,740,891
Program services$942,774
Investment income and dividends$922
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$6,684,587

Form 990s for Working Solutions Cdfi

Fiscal year endingDate received by IRSFormPDF link
2023-092024-02-14990View PDF
2022-092023-03-10990View PDF
2021-092022-03-11990View PDF
2020-092021-04-15990View PDF
2019-092020-12-23990View PDF
...and 10 more Form 990s

Organizations like Working Solutions Cdfi

OrganizationLocationRevenue
Common CapitalSpringfield, MA$1,986,861
Craft3Astoria, OR$32,060,164
Rural Missouri IncorporatedJefferson City, MO$3,116,015
Community Loan Fund of the Capital RegionAlbany, NY$2,816,861
Piedmont Business CapitalGreensboro, NC$2,396,117
Seattle Economic Development Fund Business Impact NWTukwila, WA$6,779,426
South Carolina Community Loan FundCharleston, SC$6,646,393
Chicago Community Loan Fund (CCLF)Chicago, IL$15,665,409
California Coastal Rural Development CorporationSalinas, CA$5,011,409
Dakota ResourcesRenner, SD$3,906,257
Data update history
December 22, 2024
Received grants
Identified 4 new grant, including a grant for $300,000 from JP Morgan Chase Foundation
October 4, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $50,000 from Comerica Charitable Foundation
June 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Business and community development organizationsCharities
Issues
Human servicesCommunity improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
930 Montgomery St 400
San Francisco, CA 94133
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
workingsolutions.org/ 
Phone
(415) 780-1217
IRS details
EIN
91-1951777
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
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
110834
FTB Entity ID
2074597
AB 488 data last updated ("as-of") date
2025-01-15
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