CALIFORNIA CAPITAL FINANCIAL DEVELOPMENT CORPORATION

SACRAMENTO, CA | Sacramento County
Economic Development
CALIFORNIA CAPITAL FINANCIAL DEVELOPMENT CORPORATION
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

CALIFORNIA CAPITAL FINANCIAL DEVELOPMENT CORPORATION
94-2861631
1792 TRIBUTE RD STE 270
SACRAMENTO, CA 95815
Sacramento County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S43

S - Community Improvement, Capacity Building

Small Business Development

Organizations that provide technical assistance, venture capital, loans, loan guarantees or other forms of support for individuals or groups who want to establish or expand the operation of a small business enterprise or venture.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
541618
Other Management Consulting Services

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
10/25/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2019 $125,000 CDFI Financial Assistance open_in_new California Capital Small Business Financial Development Corporation
2021 $155,000 CDFI Financial Assistance open_in_new California Capital Small Business Financial Development Corporation
2021 $285,000 CDFI Rapid Response Program (COVID-19) open_in_new California Capital Small Business Financial Development Corporation
2018 $125,000 CDFI Technical Assistance open_in_new California Capital Small Business Financial Development Corporation
2020 $125,000 CDFI Technical Assistance open_in_new California Capital Small Business Financial Development Corporation

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$3.6M
Revenue
$3.6M
Assets
$3.9M

IRS Business Master File Details info

As of Oct 2023
Exempt Ruling Date info
1983-01
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of Nov 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2021-06
E-File
990
XML
990
Tax period ending in
2020-06
PDF
990
E-File
990
XML
990
Tax period ending in
2019-06
PDF
990
E-File
990
XML
990
Tax period ending in
2018-06
PDF
990
Tax period ending in
2016-06
PDF
990

Nonprofit Location

Physical Address info
1792 TRIBUTE RD STE 270
SACRAMENTO, CA 95815
Sacramento County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
40900
MSA/MD info
06
State info
067
County info
0054.02
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
40900 - Sacramento-Roseville-Folsom, CA
Combined Statistical Area info
472 - Sacramento-Roseville, CA
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 55.72%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0054.02 Sacramento County
Population
Total Population 3,272 1,571,767
Total Households 1,527 559,036
Income
Median Family Income (Census*) $58,796 $76,422
Median Family Income (2022 FFIEC est.) $102,400 $102,400
Tract Income Percentage 64.96% N/A
Below Poverty Level 26.5% 13.3%
Unemployment Level 2.2% 6.6%
Housing
Total Housing Units 1,735 583,858
Total Owner-Occupied Units 0.0% 57.8%
Total Renter-Occupied Units 88.0% 42.2%
Total Vacant Units 12.0% 3.9%
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body info
6
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Deborah Muramoto
(916) 442-1792
Principal Officer info
Deborah Muramoto
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.