California Finance Consortium
California Finance Consortium
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About this organization
Revenue
$185,000
Expenses
$25,190
Mission
This Corporation Has Been Formed Under The California Nonprofit Benefit Corporation Law For The Advancement Of Local Enterprises In Underserved Areas, Expand The Economic Output In Their Communities By Linking These Enterprises To Capital, Expertise, Education,And Other Entrepreneurial Support Services, And To Carry On Other Charitable Activities Associated With The Goals As Allowed By Law.
About
The corporation has adopted policies for a loan guarantee program. It is in the process of raising funds for this program. The corporation is also seeking to add more members and affiliates to expand access to capital for the region's small businesses.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “This corporation has been formed under the california nonprofit benefit corporation law for the advancement of local enterprises in underserved areas, expand the economic output in their communities by linking these enterprises to capital, expertise, education,and other entrepreneurial support services, and to carry on other charitable activities associated with the goals as allowed by law.”.
When outlining the tasks it performs, they were referred to as: “This corporation has been formed under the california nonprofit benefit corporation law for the advancement of local enterprises in underserved areas, expand the economic output in their communities by linking these enterprises to capital, expertise, education,and other entrepreneurial support services, and to carry on other charitable activities associated with the goals as allowed by law.”.
- The non-profit's reported state of operation is CA as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 1430 EAST AVENUE 4A, CHICO, CA, 95926.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $159,810.
- The CEO compensation policy of the organization is not established through an independent review and approval process.
- The organization has 4 independent voting members.
- The organization was formed in 2014.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.