- Revenue 2025
- $18,549,186
- Expenses 2025
- $7,325,672
Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S31
- Classification
- 1000
- Street
- 801 S GRAND AVE STE 850
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 · 2025
Mission
THE PRIMARY PURPOSE OF THE ORGANIZATION SHALL BE TO COMBAT COMMUNITY DETERIORATION BY ASSISTING, IMPLMENTING, SUPPORTING OR CONTRIBUTING TO THE SUPPORT OF PROGRAMS, PROJECTS AND ACTIVITIES OF PUBLIC NATURE DESIGNED TO STIMULATE ECONOMIC DEVELOPMENT.
Activities or mission (Part I)
PROVIDE LOANS, INVESTMENTS AND TECHNICAL ASSISTANCE TO PROJECTS SERVING LOW INCOME COMMUNITIES.
-
THE ORGANIZATION ASSISTED IN COMBATING COMMUNITY DETERIORATION BY IMPLEMENTING, SUPPORTING OR CONTRIBUTING TO THE SUPPORT OF PROGRAMS, PROJECTS AND ACTIVITIES OF PUBLIC NATURE DESIGNED TO STIMULATE, FOSTER, COORDINATE, PLAN, IMPROVE AND ENCOURAGE ECONOMIC DEVELOPMENT THEREBY AMELIORATING CONDITIONS OF POVERTY, DEPENDENCY, CHRONIC UNEMPLOYMENT AND UNDER-EMPLOYMENT, RISING COMMUNITY TENSIONS, AND SOCIAL AND ECONOMIC DISPARITY IN AREAS OF POVERTY AND AREAS IMPACTED BY NATURAL AND UNNATURAL DISASTERS.
Expenses $6,827,096 · Grants $1,412,380 · Revenue $3,846,068
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
LEE KANON ALPERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
CINDY MISCIKOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
RICHARD MAIRE
DIRECTOR-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
DUTCH C ROSS III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
PATTIE EHSAEI
DIRECTOR-SECRETARY
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
MARCIA CHOO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
PAUL CHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
STEPHEN ROLFE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
LARA REGUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
ROBERT OEHLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.7 + 0.3 related
-
THOMAS J DESIMONE
PRESIDENT/CEO
- Total calculated
- $729,202
- From this org
- $624,062
- From related orgs
- $105,140
- Other
- $0
- Hours/week
- 33.7 + 6.3 related
Schedule J breakdown matched by us
- Base
- $345,066 + $58,136 related
- Bonus
- $278,996 + $47,004 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $624,062 + $105,140 related
-
JEMELLE DICIOCO
TREASURER, DIRECTOR OF FIN
- Total calculated
- $237,335
- From this org
- $203,114
- From related orgs
- $34,221
- Other
- $0
- Hours/week
- 33.7 + 6.3 related
Schedule J breakdown matched by us
- Base
- $145,347 + $24,488 related
- Bonus
- $57,767 + $9,733 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $203,114 + $34,221 related
-
JESSICA WAYBRIGHT
LEGAL COUNSEL
- Total calculated
- $277,368
- From this org
- $237,375
- From related orgs
- $39,993
- Other
- $0
- Hours/week
- 33.7 + 6.3 related
Schedule J breakdown matched by us
- Base
- $183,887 + $30,981 related
- Bonus
- $53,488 + $9,012 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $237,375 + $39,993 related
-
PAVLIN BUCHUKOV
DIRECTOR OF LENDING
- Total calculated
- $191,830
- From this org
- $164,171
- From related orgs
- $27,659
- Other
- $0
- Hours/week
- 33.7 + 6.3 related
Schedule J breakdown matched by us
- Base
- $164,171 + $27,659 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $164,171 + $27,659 related
-
ANTHONY SANTANA
DIRECTOR OF LENDING
- Total calculated
- $158,852
- From this org
- $135,948
- From related orgs
- $22,904
- Other
- $0
- Hours/week
- 33.7 + 6.3 related
Schedule J breakdown matched by us
- Base
- $110,273 + $18,579 related
- Bonus
- $25,675 + $4,325 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $135,948 + $22,904 related
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
-
2025
- Revenue
- $18,549,186
- Expenses
- $7,325,672
- Contributions
- $7,045,354
- Grants paid
- $1,412,380
-
2024
- Revenue
- $36,924,816
- Expenses
- $6,966,862
- Contributions
- $26,527,066
- Grants paid
- $1,700,532
-
2023
- Revenue
- $12,696,966
- Expenses
- $5,688,271
- Contributions
- $5,216,682
- Grants paid
- $1,265,067
-
2022
- Revenue
- $29,890,047
- Expenses
- $18,976,298
- Contributions
- $24,237,093
- Grants paid
- $12,560,841
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
- $20,248,596
- Expenses
- $4,032,710
- Assets (EOY)
- $84,073,617
-
2020 · 990
- Revenue
- $12,098,044
- Expenses
- $2,884,239
- Assets (EOY)
- $65,013,991
-
2019 · 990
- Revenue
- $6,406,307
- Expenses
- $3,584,621
- Assets (EOY)
- $57,648,449
-
2018 · 990
- Revenue
- $6,910,003
- Expenses
- $2,388,980
- Assets (EOY)
- $51,984,969
-
2017 · 990
- Revenue
- $8,639,727
- Expenses
- $1,953,988
- Assets (EOY)
- $39,093,774
-
2016 · 990
- Revenue
- $6,900,029
- Expenses
- $2,930,964
- Assets (EOY)
- $29,484,773
-
2015 · 990
- Revenue
- $3,770,159
- Expenses
- $1,061,230
- Assets (EOY)
- $26,143,454
-
2014 · 990
- Revenue
- $2,137,748
- Expenses
- $1,002,949
- Assets (EOY)
- $17,227,807
-
2013 · 990
- Revenue
- $4,581,495
- Expenses
- $1,033,933
- Assets (EOY)
- $14,996,721
-
2012 · 990
- Revenue
- not reported
- Expenses
- $649,546
- Assets (EOY)
- $8,636,222
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. Showing the 10 most recent; the API carries the rest.
Grants made
-
$8,500,000
2022 SMALL BUSINESS GRANT
-
2022 SMALL BUSINESS GRANT
-
$867,190
2024 SMALL BUSINESS GRANT
-
2022 SMALL BUSINESS GRANT
-
$424,361
2023 SMALL BUSINESS GRANT
-
2023 SMALL BUSINESS GRANT
-
$275,166
2024 SMALL BUSINESS GRANT
-
$262,299
2024 SMALL BUSINESS GRANT
-
$250,741
2025 SMALL BUSINESS GRANT
-
$247,317
2023 SMALL BUSINESS GRANT
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$10,000,000
2023 General support for programs, operations and other charitable purposes
-
SILICON VALLEY COMMUNITY FOUNDATION
$400,000
2023 Community Development
-
CALIFORNIA COMMUNITY FOUNDATION
$93,333
2022 HOUSING
-
CALIFORNIA COMMUNITY FOUNDATION
$83,334
2023 HOUSING
-
$25,000
2022 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
-
CALIFORNIA COMMUNITY FOUNDATION
$15,000
2024 HOUSING
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2025 return
-
BXB COMMUNITY INVESTMENT FUND LLC
LOAN FUND · CA · income $13,665 · assets $6,168,414
-
AFFORDABLE HOUSING INITIATIVE LLC
LOAN FUND · CA · income $792,023 · assets $17,373,247
-
LOAN FUND · CA · income $61,489 · assets $4,840,404
Related partnerships on its 2025 return
-
RELATED · NEW MARKETS TAX CREDIT · CA · 99.9% owned · share of income $3,417,315 · share of assets $5,257,252 · general or managing partner
Related corporations and trusts on its 2025 return
-
C · INVESTING · CA · 100% owned · share of income $2,006 · share of assets $17,877 · controlled entity
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 26 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.