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 SealesSHELLEY SEALES
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Denise BrowneDENISE BROWNE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Truman RishardTRUMAN RISHARD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Deborah MuramotoDEBORAH 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 BrownDRUE BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel SavalaDANIEL SAVALA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Raymond SebastianRAYMOND SEBASTIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
May MasunagaMAY 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 SchremmerMICHAEL SCHREMMER
CHIEF OPERATIONS OFFICER
- Total calculated
- $133,927
- From this org
- $114,008
- From related orgs
- $0
- Other
- $19,919
- Hours/week
- 40
-
Ivor NewmanIVOR NEWMAN
APEX PROGRAM DIRECTOR
- Total calculated
- $109,561
- From this org
- $104,344
- From related orgs
- $0
- Other
- $5,217
- Hours/week
- 40
-
Bob GonzalesBOB 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 LeeSIEW 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 MaharajSUNITA 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
-
2024 SUBGRANT
-
2024 SKILL FORWARD AND VSBDR
-
2024 SMALL BUSINESS COALITION FOR RACIAL JUSTICE
-
2022 GENERAL SUPPORT
-
2023 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT
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.