FRESNO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION | FRESNO CDFI

FRESNO, CA | Fresno County
Economic Development

Overview

FRESNO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION | FRESNO CDFI
26-1177785
1920 MARIPOSA MALL
FRESNO, CA 93721
Fresno County
(559) 263-1030

Mission Statement info

AS A MISSION DRIVEN SMALL BUSINESS LOAN FUND, OUR PURPOSE IS TO GROW BUSINESSES AND JOBS IN UNDERSERVED COMMUNITIES.

Founded info
2008
Total Employees info
0
Total Volunteers info
Not reported
CRA Category info
  • Economic Development
Nonprofit location info
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Nonprofit Classification (NTEE Code) info
W60

W - Public, Society Benefit

Financial Institutions

Organizations that provide an alternative to the traditional banking system for people who want to maintain checking or savings accounts, purchase money orders, cash third-party checks or engage in other financial transactions.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
522000
Credit Intermediation and Related Activities

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2019
$714,000
CDFI Financial Assistance
2018
$750,000
CDFI Financial Assistance
2014
$700,000
CDFI Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1.9M
Revenue
$1.9M
Assets
$14.4M
Exempt Ruling Date info
2009-09
Deductibility Status info
Deductible
Tax Filing Year info
2018
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
States Where Tax Return is Filed info
CA
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1920 MARIPOSA MALL
FRESNO, CA 93721
Fresno County
FIPS Geocoded Address info
23420
MSA/CBSA info
06
State info
019
County info
0001.00
Tract info
Unknown
Income Level info
Core-Based Statistical Area info
Fresno, CA
Combined Statistical Area info
Fresno-Madera-Hanford, CA
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 75.62%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0001.00 Fresno County
Population
Total Population 2,912 984,521
Total Households 488 307,906
Income
Median Family Income (Census*) $0 $53,969
Median Family Income (2019 FFIEC) $57,300 N/A
Tract Income Percentage 0% N/A
Below Poverty Level 67.3% 22.5%
Unemployment Level 8.0% 8.7%
Housing
Total Housing Units 563 331,142
Total Owner-Occupied Units 0.7% 53.3%
Total Renter-Occupied Units 86.0% 46.7%
Total Vacant Units 13.3% 4.7%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

15
Total Voting Members
in Governing Body
info
14
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Salam Nalia
CEO
Principal Officer info
Salam Nalia
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower 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

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax 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 www.learncra.com.