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
Personnel at Working Solutions Cdfi
Name | Title | Compensation | Date of data |
---|
Sara Razavi | Chief Executive Officer | $178,136 | 2024-11-22 |
Gasper Magallanes | Chief Financial Officer | $176,990 | 2024-11-22 |
Laura Hoover | Chief Development Officer | $170,561 | 2024-11-22 |
Titi Ikhile | Chief Program Officer | | 2024-11-22 |
Jenelle Ring | Human Resources Director | | 2024-11-22 |
...and 21 more key personnel |
Financials for Working Solutions Cdfi
Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
---|
Total grants, contributions, etc. | $5,740,891 | $1,461,365 | 292.8% |
Program services | $942,774 | $1,208,838 | -22% |
Investment income and dividends | $922 | $613 | 50.4% |
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 | $6,684,587 | $2,670,816 | 150.3% |
Organizations like Working Solutions Cdfi
Organization | Type | Location | Revenue |
---|
Common Capital | 501(c)(3) | Springfield, MA | $1,986,861 |
Craft3 | 501(c)(3) | Astoria, OR | $32,060,164 |
Rural Missouri Incorporated | 501(c)(3) | Jefferson City, MO | $3,116,015 |
Community Loan Fund of the Capital Region | 501(c)(3) | Albany, NY | $2,816,861 |
Piedmont Business Capital | 501(c)(3) | Greensboro, NC | $2,396,117 |
Seattle Economic Development Fund Business Impact NW | 501(c)(3) | Tukwila, WA | $6,779,426 |
South Carolina Community Loan Fund | 501(c)(3) | Charleston, SC | $6,646,393 |
Chicago Community Loan Fund (CCLF) | 501(c)(3) | Chicago, IL | $15,665,409 |
California Coastal Rural Development Corporation | 501(c)(3) | Salinas, CA | $5,011,409 |
Dakota Resources | 501(c)(3) | Renner, SD | $3,906,257 |
Data update history
October 4, 2024
Updated personnel
Identified 3 new personnel
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/Â
- 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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