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CALIFORNIA CAPITAL FINANCIAL DEVELOPMENT CORPORATION

EIN 94-2861631 SACRAMENTO, CA

Revenue 2024
$4,350,528
Expenses 2024
$3,994,915

Program services were 82.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S430
Classification
2000
Street
1792 TRIBUTE RD STE 270

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO EQUITABLY PROVIDE CAPITAL AND DEVELOPMENT ASSISTANCE TO INCREASE ECONOMIC OPPORTUNITIES BY OFFERING A WIDE RANGE OF FLEXIBLE FINANCIAL PRODUCTS AND TECHNICAL SERVICES THROUGH COLLABORATION.

  • CAPITAL ACCESS PROGRAM: CALIFORNIA CAPITAL ADMINISTERS VARIOUS LOAN PROGRAMS INCLUDING DIRECT LENDING TO SMALL BUSINESSES THROUGH FEDERAL AND DONOR FUNDED PROGRAMS AND ADMINISTERS LOAN GUARANTEES UNDER THE DIRECTION OF THE STATE OF CALIFORNIA IN WHICH LOANS ARE GUARANTEED FOR SMALL BUSINESSES AS WELL AS TECHNICAL ASSISTANCE FOR LOAN READINESS.

    Expenses $1,150,448 · Revenue $729,766

  • PROCUREMENT TECHNICAL ASSISTANCE CENTER AND APEX ACCELERATOR: UNDER COOPERATIVE AGREEMENT WITH THE DEPARTMENT OF DEFENSE, THE APEX ACCELERATOR PROVIDES CAPACITY-BUILDING TRAINING AND DIRECT ASSISTANCE TO SMALL BUSINESSES RELATED TO GOVERNMENT CONTRACTING. WE PROVIDE THIS PROCUREMENT TECHNICAL ASSISTANCE TO SMALL BUSINESSES WHO WISH TO OR CURRENTLY DO BUSINESS WITH FEDERAL, STATE, OR LOCAL GOVERNMENT.

    Expenses $707,789

  • RESEARCH AND BUSINESS DEVELOPMENT: CCFDC HAS DELIVERED IMPACT DRIVEN PROGRAMS WITHIN BUSINESS CORRIDORS AND STRENGTHENED NETWORK CONNECTIONS WITH ECONOMIC DEVELOPMENT AGENCIES IN SACRAMENTO. ONE OF THE PROGRAMS WITHIN THIS PROGRAM SERVICE IS THE SACRAMENTO VALLEY SMALL BUSINESS DEVELOPMENT CENTER FUNDED BY THE SMALL BUSINESS ADMINISTRATION.

    Expenses $756,727 · Grants $43,000

  • CALIFORNIA CAPITAL WOMEN'S BUSINESS CENTER: UNDER COOPERATIVE AGREEMENT WITH THE SMALL BUSINESS ADMINISTRATION, CCFDC IS COMMITTED TO BUILDING THE CAPACITY OF SMALL BUSINESSES THROUGH EDUCATIONAL WORKSHOPS, ONE-ON-ONE ASSISTANCE, ONLINE LEARNING, AND CONNECTION WITH LOCAL RESOURCES. WBC SERVICES FOCUS ON ENTREPRENEURSHIP, ACCESS TO CAPITAL, AND SPECIALIZED PROGRAMS FOR INDUSTRY SECTORS INCLUDING CHILDCARE AND B2B SERVICES.

    Expenses $664,350 · Grants $51,276 · Revenue $3,248

  • ACCESS TO HOUSING AND ECONOMIC DEVELOPMENT

    Expenses $15,757

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Shelley Seales

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Denise Browne

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Truman Rishard

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Deborah Muramoto

    PRESIDENT/CEO/SECRETARY

    Total calculated
    $211,905
    From this org
    $211,905
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,905
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $211,905
  • Drue Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniel Savala

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Raymond Sebastian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • May Masunaga

    CHIEF FINANCIAL OFFICER

    Total calculated
    $201,906
    From this org
    $133,815
    From related orgs
    $0
    Other
    $68,091
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,815
    Bonus
    $0
    Other
    $0
    Deferred
    $7,800
    Nontaxable benefits
    $60,291
    Filer's total
    $201,906
  • Michael Schremmer

    CHIEF OPERATIONS OFFICER

    Total calculated
    $133,927
    From this org
    $114,008
    From related orgs
    $0
    Other
    $19,919
    Hours/week
    40
  • Ivor Newman

    APEX PROGRAM DIRECTOR

    Total calculated
    $109,561
    From this org
    $104,344
    From related orgs
    $0
    Other
    $5,217
    Hours/week
    40
  • Bob Gonzales

    CHIEF CREDIT OFFICER

    Total calculated
    $160,572
    From this org
    $129,932
    From related orgs
    $0
    Other
    $30,640
    Hours/week
    29

    Schedule J breakdown matched by us

    Base
    $129,932
    Bonus
    $0
    Other
    $0
    Deferred
    $5,523
    Nontaxable benefits
    $25,117
    Filer's total
    $160,572
  • Siew Yee Lee

    SBDC PROGRAM DIRECTOR

    Total calculated
    $122,674
    From this org
    $100,472
    From related orgs
    $0
    Other
    $22,202
    Hours/week
    40
  • Sunita Maharaj

    LOAN PORTFOLIO MANAGER

    Total calculated
    $125,740
    From this org
    $102,195
    From related orgs
    $0
    Other
    $23,545
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $4,350,528
    Expenses
    $3,994,915
    Contributions
    $3,615,396
    Grants paid
    $94,276
  • 2023
    Revenue
    $3,652,060
    Expenses
    $3,894,051
    Contributions
    $3,113,587
    Grants paid
    $0
  • 2022
    Revenue
    $4,136,742
    Expenses
    $3,848,552
    Contributions
    $3,672,920
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $3,624,110
    Expenses
    $3,503,917
    Assets (EOY)
    $3,926,926
  • 2020 · 990

    Revenue
    $4,828,871
    Expenses
    $3,005,436
    Assets (EOY)
    $3,879,539
  • 2019 · 990

    Revenue
    $2,226,025
    Expenses
    $2,209,163
    Assets (EOY)
    $1,961,231
  • 2018 · 990

    Revenue
    $2,237,889
    Expenses
    $1,914,549
    Assets (EOY)
    $1,522,137

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.