Cdc Small Business Finance Corp

San Diego, CA
Tax-exempt since Feb. 2021
EIN: 95-3512045

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Economic Development (NTEE)

Donations to this organization are tax deductible.

Revenue

$27.6M (2023)

Expenses

$26.5M (2023)

Total Assets

$119M (2023)

Total Liabilities

$53.3M (2023)

Years with multiple filings

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Revenue

$27,607,207

Expenses

$26,543,703

Net Income

$1,063,504

Net Assets

$65,267,175

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,654,144	9.6%
Program Services	$12,517,485	45.3%
Investment Income	$5,869,905	21.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$169,111	0.6%
Net Fundraising	$0
Sales of Assets	$2,712,844	9.8%
Net Inventory Sales	$0
Other Revenue	$3,683,718	13.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$921,163	3.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$12,107,347	45.6%

Assets/Debt
Total Assets	$118,524,945
Total Liabilities	$53,257,770
Net Assets	$65,267,175

Compensation

Key Employees and Officers	Compensation	Related	Other
Andrew Erickson (Vice President, Senior Com)	$392,024	$0	$60,128
Mark Hogan (Vice President, Senior Com)	$312,697	$0	$29,850
Thomas Brune (President Ventures Lending Tech)	$302,684	$0	$46,339
Robert Villarreal (Chief External Affairs Officer)	$256,125	$0	$28,594
Anthony Barengo (Svp Of Credit)	$253,607	$0	$33,814
Erin Hebert (Head Of Operations)	$251,832	$0	$43,459
Randy Shoopman (Vp Of Software Development Ventures)	$250,319	$0	$31,661
Julie Middleton (Vice President Sales And Support)	$230,597	$0	$36,675
Ellis Carr (President & Ceo)	$0	$862,564	$39,208
Kurt Chilcott (Director/Consultant)	$0	$163,250	$0
Alaina Beverly (Director)	$0	$5,000	$0
Gail Markulin (Director)	$0	$5,000	$0
Pedro Goitia (Director)	$0	$5,000	$0
L Ray Moncrief (Director)	$0	$2,500	$0
Dan Varner (Director)	$0	$5,000	$0
Erik Caldwell (Director)	$0	$5,000	$0
Frank Robinson (Director)	$0	$5,000	$0
Tom Topuzes (Director)	$0	$5,000	$0
Lauren Tylor Orion (Director)	$0	$5,000	$0
Gary Cunningham (Director)	$0	$6,250	$0
Oswaldo Acosta (Director)	$0	$5,000	$0
Grace Chionuma (Director)	$0	$0	$0
Rick Benito (Director)	$0	$5,000	$0
Sheryl Cameron (Director)	$0	$0	$0
Jennifer Smith Dolin (Director)	$0	$6,250	$0
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990

Filed on Sept. 26, 2024

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Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2022

Revenue

$26,865,626

Expenses

$28,209,180

Net Income

-$1,343,554

Net Assets

$64,311,267

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,034,162	7.6%
Program Services	$17,942,183	66.8%
Investment Income	$3,292,892	12.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$182,646
Net Fundraising	$0
Sales of Assets	$2,248,329	8.4%
Net Inventory Sales	$0
Other Revenue	$1,530,706	5.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,007,070	7.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$13,708,925	48.6%

Assets/Debt
Total Assets	$92,661,741
Total Liabilities	$28,350,474
Net Assets	$64,311,267

Compensation

Key Employees and Officers	Compensation	Related	Other
Dean Aloe (Vice President, Senior Commercial Lender)	$776,069	$0	$39,048
Armen Madatyan (Senior Vice President, Business Development)	$516,894	$0	$31,878
Chris Bane (Vice President, Senior Commercial Lender)	$470,321	$0	$45,312
Kim Buttemer (Chief Operations Officer Outgoing)	$456,847	$0	$2,083
Michael Sarthou (Vice President, Senior Commercial Lender)	$300,819	$0	$50,549
Merri Adams (Vice President, Senior Commercial Lender)	$300,048	$0	$14,600
Robert Villarreal (Chief External Affairs Officer)	$279,517	$0	$25,318
Lakisha Gant (Vp 504 Loan Operations)	$258,086	$0	$18,458
Erin Hebert (Head Of Operations)	$243,018	$0	$28,934
Michael Owen (Chief Credit Officer Emeritus)	$240,473	$0	$1,100
Shelli Hayman (Vp Of Production Smart Growth Business Products)	$207,110	$0	$26,322
Anthony Barengo (Svp Of Credit)	$200,682	$0	$19,122
Ellis Carr (President & Ceo)	$0	$693,114	$36,067
Kurt Chilcott (Director/Consultant)	$0	$322,500	$0
Alaina Beverly (Director)	$0	$5,000	$0
Gail Markulin (Director)	$0	$5,000	$0
Pedro Goitia (Director)	$0	$5,000	$0
L Ray Moncrief (Director)	$0	$3,750	$0
Dan Varner (Director)	$0	$5,000	$0
Erik Caldwell (Director)	$0	$5,000	$0
Frank Robinson (Director)	$0	$3,750	$0
Tom Topuzes (Director)	$0	$5,000	$0
Lauren Tylor Orion (Director)	$0	$5,000	$0
Gary Cunningham (Director)	$0	$2,500	$0
Oswaldo Acosta (Director)	$0	$5,000	$0
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990

Filed on Oct. 10, 2023

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2021

Revenue

$31,738,512

Expenses

$25,025,312

Net Income

$6,713,200

Net Assets

$65,654,821

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$738,955	2.3%
Program Services	$23,666,619	74.6%
Investment Income	$5,395,361	17.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$162,566
Net Fundraising	$0
Sales of Assets	$1,639,590	5.2%
Net Inventory Sales	$0
Other Revenue	$460,553	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,305,929	13.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$14,257,385	57.0%

Assets/Debt
Total Assets	$123,395,668
Total Liabilities	$57,740,847
Net Assets	$65,654,821

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (Board Chair & Consultant)	$691,892	$216,250	$19,097
Dean Aloe (Vp, Senior Commercial Lender)	$664,764	$0	$22,835
Michael Owen (Cco)	$539,781	$0	$29,456
Armen Madatyan (Sr. Vp, Business Development)	$448,333	$0	$29,655
Kim Buttemer (Coo)	$443,353	$0	$43,745
Chris Bane (Vp, Senior Commercial Lender)	$396,599	$0	$42,926
Robert Villarreal (Chief External Affairs Officer)	$264,461	$0	$22,231
Kenneth Rosenthal (Sr. Advisor For Lending, Education And Training)	$256,538	$0	$22,835
Thomas Brune (President Ventures Lending)	$250,879	$0	$27,432
Erin Hebert (Sr. Vp Of Adminstration)	$225,182	$0	$34,615
Lakisha Gant (Vp 504 Loan Operations)	$221,867	$0	$16,020
Penina Goodman (Sr. Vice President Of Marketing)	$200,446	$0	$2,807
Shelli Hayman (Vp Of Production Smart Growth Business Development)	$192,640	$0	$19,500
Tony Barengo (Svp Of Credit)	$190,903	$0	$17,195
Catherine Riddle (Cfo Former)	$118,726	$0	$12,012
Alaina Beverly (Board Director)	$0	$5,000	$0
Bill Sommer (Board Director (Outgoing))	$0	$0	$0
Dan Varner (Board Director)	$0	$3,750	$0
Ellis Carr (President & Ceo)	$0	$725,300	$34,203
Erik Caldwell (Board Director)	$0	$3,750	$0
Frank Robinson (Board Director)	$0	$3,750	$0
Gail Markulin (Board Director)	$0	$5,000	$0
Gary Cunningham (Board Director)	$0	$2,500	$0
Georgia Dutro (Board Director (Outgoing))	$0	$0	$0
Grace Chionuma (Board Director)	$0	$0	$0
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990

Filed on Sept. 26, 2022

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Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2020

Revenue

$7,270,597

Expenses

$6,734,493

Net Income

$536,104

Net Assets

$58,788,625

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,397,665	88.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$44,934
Net Fundraising	$0
Sales of Assets	$383,128	5.3%
Net Inventory Sales	$0
Other Revenue	$534,738	7.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,091,252	45.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$506,368	7.5%

Assets/Debt
Total Assets	$280,079,202
Total Liabilities	$221,290,577
Net Assets	$58,788,625

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President & Ceo)	$891,621	$0	$41,066
Michael Owen (Cco)	$538,182	$0	$38,101
Kim Buttemer (Coo)	$430,086	$0	$46,688
Catherine Riddle (Cfo & Cto)	$355,053	$0	$28,622
Dean Aloe (Loan Officer)	$320,810	$0	$27,319
Chris Bane (Loan Officer)	$318,864	$0	$31,504
Armen Madatyan (Loan Officer)	$295,420	$0	$37,417
Thomas Brune (Vp Of Software Development)	$236,242	$0	$22,889
Erin Hebert (Evp)	$229,578	$0	$25,524
Eric Mandell (Loan Officer)	$216,145	$0	$13,110
Penina Goodman (Svp Brand Marketing)	$213,955	$0	$20,918
Robert Villarreal (Evp)	$211,722	$0	$20,137
Rick Benito (Asst. Secretary)	$0	$0	$0
Erik Caldwell (Secretary)	$0	$0	$0
Sheryl Cameron (Vice Chair)	$0	$0	$0
Kurt Chilcott (President)	$0	$0	$0
Kristine Chung (Board Director)	$0	$0	$0
Steven Doss (Board Director)	$0	$0	$0
Georgia Dutro (Board Director)	$0	$0	$0
Joan Earhart (Board Director)	$0	$0	$0
Tyler Orion (Past Chair)	$0	$0	$0
Kevin Palmer (Treasurer)	$0	$0	$0
Omar Passons (Board Director)	$0	$0	$0
Frank Robinson (Board Director)	$0	$0	$0
Wayne Schell (Board Director)	$0	$0	$0
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990

Filed on Nov. 30, 2021

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Fiscal Year Ending Sept.
2020

Revenue

$32,736,743

Expenses

$22,459,502

Net Income

$10,277,241

Net Assets

$58,405,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$32,774,701	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$37,958
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,855,461	12.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,483,782	28.9%

Assets/Debt
Total Assets	$274,839,666
Total Liabilities	$216,434,149
Net Assets	$58,405,517

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President And Ceo)	$873,228	$0	$40,066
Michael Owen (Cco)	$494,489	$0	$37,597
Dean Aloe (Loan Officer)	$407,972	$0	$17,319
Kim Buttemer (Coo)	$405,541	$0	$46,184
Armen Madatyan (Loan Officer)	$380,715	$0	$27,417
Catherine Riddle (Cfo & Cto)	$326,493	$0	$28,122
Chris Bane (Loan Officer)	$253,792	$0	$31,254
Kenneth Rosenthal (Loan Officer)	$226,690	$0	$20,406
Tom Brune (Programmer Analyst)	$216,949	$0	$19,754
Erin Helbert (Evp)	$206,262	$0	$25,024
Penina Goodman (Svp Brand Marketing)	$202,618	$0	$20,418
Robert Villarreal (Evp)	$198,143	$0	$19,637
Thomas Topuzes (Chair)	$0	$0	$0
Kevin Palmer (Treasurer)	$0	$0	$0
Erik Caldwell (Secretary)	$0	$0	$0
Rick Benito (Assistant Secretary)	$0	$0	$0
Sheryl Cameron (Vice Chair)	$0	$0	$0
Tyler Orion (Director)	$0	$0	$0
Joan Earhart (Director)	$0	$0	$0
Kristine Chung (Director)	$0	$0	$0
Steve Doss (Director)	$0	$0	$0
Georgia Dutro (Director)	$0	$0	$0
Omar Passons (Director)	$0	$0	$0
Frank Robinson (Director)	$0	$0	$0
Wayne Schell (Director)	$0	$0	$0
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990

Filed on June 29, 2022

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Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Sept.
2019

Revenue

$22,451,658

Expenses

$18,885,940

Net Income

$3,565,718

Net Assets

$48,128,276

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$22,503,672	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$52,014
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,984,008	10.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,325,718	38.8%

Assets/Debt
Total Assets	$86,407,439
Total Liabilities	$38,279,163
Net Assets	$48,128,276

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President And Ceo)	$880,379	$0	$43,537
Michael Owen (Cco)	$497,521	$0	$40,523
Kim Buttemer (Coo)	$414,173	$0	$41,721
Dean Aloe (Loan Officer)	$409,502	$0	$28,463
Armen Madatyan (Loan Officer)	$384,736	$0	$17,750
Catherine Riddle (Cfo & Cto)	$331,022	$0	$30,658
Chris Bane (Loan Officer)	$261,151	$0	$35,851
Kenneth Rosenthal (Loan Officer)	$228,225	$0	$20,402
Tom Brune (Programmer Analyst)	$226,032	$0	$22,558
Penina Goodman (Svp Brand Marketing)	$206,848	$0	$21,933
Robert Villarreal (Evp)	$200,616	$0	$15,750
Tyler Orion (Director)	$0	$0	$0
Joan Earhart (Director)	$0	$0	$0
Kevin Palmer (Treasurer)	$0	$0	$0
Thomas Topuzes (Chair)	$0	$0	$0
Rick Benito (Assistant Secretary)	$0	$0	$0
Sheryl Cameron (Vice Chair)	$0	$0	$0
Kristine Chung (Director)	$0	$0	$0
Steve Doss (Director)	$0	$0	$0
Georgia Dutro (Director)	$0	$0	$0
Erik Caldwell (Secretary)	$0	$0	$0
Omar Passons (Director)	$0	$0	$0
Frank Robinson (Director)	$0	$0	$0
Wayne Schell (Director)	$0	$0	$0
Jerry A Schneider (Director)	$0	$0	$0
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990

Filed on Aug. 14, 2020

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Sept.
2018

Revenue

$20,772,975

Expenses

$16,640,229

Net Income

$4,132,746

Net Assets

$44,562,558

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$30,250	0.1%
Program Services	$20,782,652	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$39,927
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,990,711	12.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,823,364	41.0%

Assets/Debt
Total Assets	$76,713,993
Total Liabilities	$32,151,435
Net Assets	$44,562,558

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President And Ceo)	$841,953	$0	$34,481
Michael Owen (Cco)	$478,861	$0	$38,218
Kim Buttemer (Coo)	$361,785	$0	$48,865
Dean Aloe (Loan Officer)	$359,060	$0	$32,695
Armen Madatyan (Loan Officer)	$334,166	$0	$30,455
Catherine Riddle (Cfo & Cto)	$314,174	$0	$17,453
Tom Brune (Programmer Analyst)	$209,142	$0	$24,679
Tuyen Sam (Loan Officer)	$205,864	$0	$7,946
Kelly Ryan (Loan Officer)	$204,526	$0	$19,011
Robert Villarreal (Evp)	$178,794	$0	$18,568
Tyler Orion (Director)	$0	$0	$0
Joan Earhart (Director)	$0	$0	$0
Julie Huston (Chair)	$0	$0	$0
Kevin Palmer (Treasurer)	$0	$0	$0
Thomas Topuzes (Vice Chair)	$0	$0	$0
Rick Benito (Director)	$0	$0	$0
Sheryl Cameron (Secretary)	$0	$0	$0
Kristine Chung (Director)	$0	$0	$0
Steve Doss (Director)	$0	$0	$0
Georgia Dutro (Director)	$0	$0	$0
Heather Endresen (Director)	$0	$0	$0
Cruz Gonzalez (Director)	$0	$0	$0
Erik Caldwell (Asst Secretary)	$0	$0	$0
Omar Passons (Director)	$0	$0	$0
Frank Robinson (Director)	$0	$0	$0
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990

Filed on Aug. 15, 2019

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Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Sept.
2017

Revenue

$19,649,143

Expenses

$17,050,708

Net Income

$2,598,435

Net Assets

$40,429,812

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,757,135	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$107,992
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,944,608	11.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,970,319	40.9%

Assets/Debt
Total Assets	$59,403,946
Total Liabilities	$18,974,134
Net Assets	$40,429,812

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President And Ceo)	$879,639	$0	$30,726
Michael Owen (Cco)	$459,033	$0	$35,685
Catherine Riddle (Cfo & Cto)	$316,605	$0	$27,525
Kim Buttemer (Coo)	$282,520	$0	$45,689
Dean Aloe (Loan Officer)	$268,661	$0	$32,399
Armen Madatyan (Loan Officer)	$257,943	$0	$26,532
Ken Rosenthal (Loan Officer)	$224,917	$0	$20,023
Tom Brune (Programmer Analyst)	$217,211	$0	$33,022
Robert Villarreal (Evp)	$179,196	$0	$23,459
Tyler Orion (Director)	$0	$0	$0
Joan Earhart (Director)	$0	$0	$0
Julie Huston (Chair)	$0	$0	$0
Kevin Palmer (Treasurer)	$0	$0	$0
Thomas Topuzes (Vice Chair)	$0	$0	$0
Rick Benito (Director)	$0	$0	$0
Sheryl Cameron (Secretary)	$0	$0	$0
Kristine Chung (Director)	$0	$0	$0
Steve Doss (Director)	$0	$0	$0
Georgia Dutro (Director)	$0	$0	$0
Heather Endresen (Director)	$0	$0	$0
Cruz Gonzalez (Director)	$0	$0	$0
Erik Caldwell (Assit Secretary)	$0	$0	$0
Omar Passons (Director)	$0	$0	$0
Frank Robinson (Director)	$0	$0	$0
Wayne Schell (Director)	$0	$0	$0
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990

Filed on Aug. 14, 2018

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Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Sept.
2016

Revenue

$18,529,570

Expenses

$13,298,777

Net Income

$5,230,793

Net Assets

$37,831,378

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$18,539,022	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$9,452
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,941,852	14.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,371,442	40.4%

Assets/Debt
Total Assets	$56,835,254
Total Liabilities	$19,003,876
Net Assets	$37,831,378

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President And Ceo)	$825,913	$0	$31,468
Michael Owen (Cco)	$505,057	$0	$37,787
Dean Aloe (Loan Officer)	$321,527	$0	$32,098
Armen Madatyan (Loan Officer)	$291,245	$0	$27,915
Catherine Riddle (Cfo & Cto)	$279,049	$0	$28,915
Kim Buttemer (Coo)	$278,794	$0	$48,599
Tuyen Sam (Loan Officer)	$238,964	$0	$15,951
Tom Brune (Programmer Analyst)	$211,169	$0	$34,533
Phil Muler (Loan Officer)	$202,662	$0	$34,855
Tyler Orion (Chair)	$0	$0	$0
Joan Earhart (Vice Chair)	$0	$0	$0
Julie Huston (Treasurer)	$0	$0	$0
Kevin Palmer (Secretary)	$0	$0	$0
Thomas Topuzes (Assit Secretary)	$0	$0	$0
Rick Benito (Director)	$0	$0	$0
Sheryl Cameron (Director)	$0	$0	$0
Kristine Chung (Director)	$0	$0	$0
Steve Doss (Director)	$0	$0	$0
Georgia Dutro (Director)	$0	$0	$0
Heather Endresen (Director)	$0	$0	$0
Cruz Gonzalez (Director)	$0	$0	$0
Erik Caldwell (Director)	$0	$0	$0
Omar Passons (Director)	$0	$0	$0
Frank Robinson (Director)	$0	$0	$0
Wayne Schell (Director)	$0	$0	$0
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990

Filed on Aug. 3, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Sept.
2015

Revenue

$18,660,940

Expenses

$13,211,713

Net Income

$5,449,227

Net Assets

$32,600,585

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$18,614,937	99.8%
Investment Income	$61,077	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$15,074
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,872,691	14.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,666,287	42.9%

Assets/Debt
Total Assets	$50,456,692
Total Liabilities	$17,856,107
Net Assets	$32,600,585

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President And Ceo)	$817,031	$0	$51,725
Michael Owen (Cco)	$491,400	$0	$45,747
Dean Aloe (Loan Officer)	$285,332	$0	$29,174
Tuyen Sam (Loan Officer)	$272,426	$0	$17,543
Kim Buttemer (Coo)	$271,054	$0	$41,952
Armen Madatyan (Loan Officer)	$245,953	$0	$31,575
Catherine Riddle (Cfo & Cto)	$242,149	$0	$29,821
Phil Muler (Loan Officer)	$220,558	$0	$21,998
Tom Brune (Programmer Analyst)	$206,164	$0	$40,163
Tyler Orion (Chair)	$0	$0	$0
Joan Earhart (Vice Chair)	$0	$0	$0
Julie Huston (Treasurer)	$0	$0	$0
Kevin Palmer (Secretary)	$0	$0	$0
Thomas Topuzes (Assit Secretary)	$0	$0	$0
Rick Benito (Director)	$0	$0	$0
Sheryl Cameron (Director)	$0	$0	$0
Kristine Chung (Director)	$0	$0	$0
Steve Doss (Director)	$0	$0	$0
Georgia Dutro (Director)	$0	$0	$0
Heather Endresen (Director)	$0	$0	$0
Cruz Gonzalez (Director)	$0	$0	$0
Alan Mittleman (Director)	$0	$0	$0
Omar Passons (Director)	$0	$0	$0
Frank Robinson (Director)	$0	$0	$0
Wayne Schell (Director)	$0	$0	$0
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990

Filed on Aug. 12, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2014

Revenue

$19,447,449

Expenses

$15,132,504

Net Income

$4,314,945

Net Assets

$27,151,358

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,377,537	99.6%
Investment Income	$54,735	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$11,803	0.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,374	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,475,430	9.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,906,297	45.6%

Assets/Debt
Total Assets	$44,445,598
Total Liabilities	$17,294,240
Net Assets	$27,151,358

Compensation

Key Employees and Officers	Compensation	Related	Other
Kurt Chilcott (President & Ceo)	$561,782	$0	$23,057
Michael Owen (Cco)	$457,788	$0	$35,038
Dean Aloe (Loan Officer)	$438,618	$0	$19,514
Armen Madatyan (Loan Officer)	$362,172	$0	$25,408
Tuyen Sam (Loan Officer)	$361,200	$0	$20,327
Michael Sarthou (Loan Officer)	$236,638	$0	$31,953
Kim Buttemer (Coo)	$236,200	$0	$32,885
Phil Mulder (Loan Officer)	$225,310	$0	$17,385
Catherine Riddle (Cfo & Cto)	$219,660	$0	$21,527
Rick Benito (Chairman)	$0	$0	$0
Sheryl Cameron (Director)	$0	$0	$0
Kristine Chung (Director)	$0	$0	$0
Steve Doss (Director)	$0	$0	$0
Joan Earhart (Treasurer)	$0	$0	$0
Heather Endresen (Director)	$0	$0	$0
Cruz Gonzalez (Director)	$0	$0	$0
Tyler Orion (Director)	$0	$0	$0
Chico Perez (Director)	$0	$0	$0
Bill Sommer (Immediate Past President)	$0	$0	$0
Steve Stultz (Director)	$0	$0	$0
Tom Topuzes (Director)	$0	$0	$0
Gary Youmans (Director)	$0	$0	$0
Alan Aiello (Director)	$0	$0	$0
Julie Houston (Assit Secretary)	$0	$0	$0
Alan Mittleman (Director)	$0	$0	$0
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990

Filed on Aug. 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2013

Revenue

$19,549,282

Expenses

$16,148,191

Net Income

$3,401,091

Net Assets

$22,836,413

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$80,600	0.4%
Program Services	$18,553,795	94.9%
Investment Income	$388,040	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$348	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$526,499	2.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,472,054	9.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,284,395	38.9%

Assets/Debt
Total Assets	$50,504,985
Total Liabilities	$27,668,572
Net Assets	$22,836,413

990

Filed on Oct. 20, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2012

Revenue

$19,946,246

Expenses

$17,694,197

Net Income

$2,252,049

Net Assets

$19,435,322

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$419,400	2.1%
Program Services	$18,958,562	95.0%
Investment Income	$377,076	1.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$61,939
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$253,147	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,181,613	6.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,841,192	38.7%

Assets/Debt
Total Assets	$48,017,679
Total Liabilities	$28,582,357
Net Assets	$19,435,322

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$17,052,538

Expenses

$18,125,359

Net Income

-$1,072,821

Net Assets

$17,183,273

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$16,734,730	98.1%
Investment Income	$330,529	1.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$89,692
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$76,971	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,155,459	6.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,970,438	32.9%

Assets/Debt
Total Assets	$47,432,682
Total Liabilities	$30,249,409
Net Assets	$17,183,273

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 2, 2024

Cdc Small Business Finance Corp

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $27.6M (2023)

Expenses $26.5M (2023)

Total Assets $119M (2023)

Total Liabilities $53.3M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Audits

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Audits

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2014

Revenue

$27.6M (2023)

Expenses

$26.5M (2023)

Total Assets

$119M (2023)

Total Liabilities

$53.3M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005