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Springboard Cdfi

Springboard Home Loans

Organization summary

Type of Nonprofit

Designated as a 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: Housing, Shelter / Housing Support Services -- Other (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$169k (2022)

Expenses
$385k (2022)

Total Assets
$9.35M (2022)

Total Liabilities
$701k (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings 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.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$168,905
Expenses
$384,826
Net Income
-$215,921
Net Assets
$8,648,787
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $169,794
> 100%
Investment Income $77
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,804
Net Inventory Sales $0
Other Revenue $838
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $116,433
30.3%
Professional Fundraising Fees $0
Other Salaries and Wages $39,957
10.4%
Assets/Debt
Total Assets $9,349,739
Total Liabilities $700,952
Net Assets $8,648,787
Compensation
Key Employees and Officers Compensation Related Other
Angelique Capalbo (President) $94,890 $0 $7,510
Curtis Paradzick (Director) $0 $0 $0
Todd Emerson (Board Chair) $0 $0 $0
Denis Gitschier (Treasurer) $0 $0 $0
Steven Clark (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$676,910
Expenses
$494,843
Net Income
$182,067
Net Assets
$8,864,708
Notable Sources of Revenue Percent of Total Revenue
Contributions $137,119
20.3%
Program Services $463,879
68.5%
Investment Income $14
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $75,898
11.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $207,831
42.0%
Professional Fundraising Fees $0
Other Salaries and Wages $51,121
10.3%
Assets/Debt
Total Assets $9,572,019
Total Liabilities $707,311
Net Assets $8,864,708
Compensation
Key Employees and Officers Compensation Related Other
Joanne Cordero (Former President) $194,273 $0 $13,558
Curtis Paradzick (Director) $0 $0 $0
John Perlstein (Director) $0 $0 $0
Todd Emerson (Chair/President) $0 $0 $0
Denis Gitschier (Treasurer) $0 $0 $0
Steven Clark (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,406,050
Expenses
$1,411,241
Net Income
$1,994,809
Net Assets
$8,682,641
Notable Sources of Revenue Percent of Total Revenue
Contributions $263,995
7.8%
Program Services $3,142,043
92.2%
Investment Income $12
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $359,954
25.5%
Professional Fundraising Fees $0
Other Salaries and Wages $419,876
29.8%
Assets/Debt
Total Assets $9,545,566
Total Liabilities $862,925
Net Assets $8,682,641
Compensation
Key Employees and Officers Compensation Related Other
Joanne Cordero (President) $196,592 $0 $16,349
Angelique Capalbo (Vp Lending) $135,777 $0 $11,236
Dona Ellena (Dir Of Production) $114,103 $0 $4,421
Curtis Paradzick (Director) $0 $0 $0
John Perlstein (Director) $0 $0 $0
Todd Emerson (Chair) $0 $0 $0
Denis Gitschier (Treasurer) $0 $0 $0
Steven Clark (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,850,444
Expenses
$2,433,659
Net Income
-$583,215
Net Assets
$6,294,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,850,444
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $448,003
18.4%
Professional Fundraising Fees $0
Other Salaries and Wages $717,339
29.5%
Assets/Debt
Total Assets $9,261,266
Total Liabilities $2,966,383
Net Assets $6,294,883
Compensation
Key Employees and Officers Compensation Related Other
Angelique Capalbo (Vp Lending) $182,153 $0 $0
Joanne Cordero (President) $144,669 $0 $0
Dona Ellena (Dir Of Prod) $121,181 $0 $0
John Perlstein (Director) $0 $0 $0
Denis Gitschier (Director) $0 $0 $0
Steven Clark (Director) $0 $0 $0
Curtis Paradzick (Director) $0 $0 $0
Todd Emerson (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$743,000
Expenses
$2,929,871
Net Income
-$2,186,871
Net Assets
$6,672,138
Notable Sources of Revenue Percent of Total Revenue
Contributions $239,606
32.2%
Program Services $503,390
67.8%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $587,212
20.0%
Professional Fundraising Fees $0
Other Salaries and Wages $666,983
22.8%
Assets/Debt
Total Assets $9,338,614
Total Liabilities $2,666,476
Net Assets $6,672,138
Compensation
Key Employees and Officers Compensation Related Other
Gabe Del Rio (Past President) $186,942 $0 $0
Angelique Capalbo (Vp Lending) $168,010 $0 $0
Lupe Hernandez (Vice President) $131,412 $0 $0
Lorenzo Dominguez (Manager) $107,997 $0 $0
Todd Emerson (Chairman) $0 $0 $0
John Perlstein (Director) $0 $0 $0
Denis Gitschier (Director) $0 $0 $0
Steven Clark (Director) $0 $0 $0
Curtis Paradzick (Director) $0 $0 $0
Jamil Atcha (Ex Vice Preside) $0 $0 $0
Joanne Cordero (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,696,179
Expenses
$3,639,307
Net Income
-$943,128
Net Assets
$8,858,618
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,779,036
66.0%
Program Services $917,116
34.0%
Investment Income $27
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $647,306
17.8%
Professional Fundraising Fees $0
Other Salaries and Wages $841,509
23.1%
Assets/Debt
Total Assets $9,191,951
Total Liabilities $333,333
Net Assets $8,858,618
Compensation
Key Employees and Officers Compensation Related Other
Gabe Del Rio (President) $215,868 $0 $0
Angelique Capalbo (Vp Lending) $167,547 $0 $0
Jamil Atcha (Ex Vice Preside) $142,219 $0 $0
Matt Callahan (Vp Sales) $121,672 $0 $0
Todd Emerson (Chairman) $0 $0 $0
John Perlstein (Director) $0 $0 $0
Denis Gitschier (Director) $0 $0 $0
Steven Clark (Director) $0 $0 $0
Curtis Paradzick (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,106,525
Expenses
$2,050,974
Net Income
$1,055,551
Net Assets
$10,078,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,539,123
81.7%
Program Services $546,375
17.6%
Investment Income $26
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $21,001
0.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $358,862
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $499,849
24.4%
Assets/Debt
Total Assets $10,483,849
Total Liabilities $405,397
Net Assets $10,078,452
Compensation
Key Employees and Officers Compensation Related Other
Gabe Del Rio (President) $201,060 $0 $0
Matt Callahan (Vp Sales) $62,920 $0 $0
Todd Emerson (Chairman) $0 $0 $0
Denis Gitschier (Director) $0 $0 $0
Steven Clark (Director) $0 $0 $0
Curtis Paradzick (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,997,173
Expenses
$2,596,138
Net Income
$1,401,035
Net Assets
$10,719,109
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,210,262
80.3%
Program Services $792,173
19.8%
Investment Income $28
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,284
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $338,624
13.0%
Professional Fundraising Fees $0
Other Salaries and Wages $622,509
24.0%
Assets/Debt
Total Assets $11,060,545
Total Liabilities $341,436
Net Assets $10,719,109

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,070,519
Expenses
$2,371,054
Net Income
$1,699,465
Net Assets
$8,079,381
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,803,112
44.3%
Program Services $1,276,716
31.4%
Investment Income $28
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $990,663
24.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $192,260
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,222,008
51.5%
Assets/Debt
Total Assets $14,035,900
Total Liabilities $5,956,519
Net Assets $8,079,381
Compensation
Key Employees and Officers Compensation Related Other
Jorge Vega (Vp Realty) $132,453 $0 $0
Dian Sodano (Vp Lending) $106,246 $0 $12,696
Gabe Del Rio (Coo) $104,295 $51,369 $5,150
Susan M Reynolds (President/Ceo) $59,679 $121,167 $9,320
Brian Kay (Cfo) $50,271 $102,067 $18,356
Stephen Baker (Treasurer) $0 $0 $0
Michael Innis Thompson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,790,152
Expenses
$2,582,469
Net Income
$207,683
Net Assets
$6,379,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $933,990
33.5%
Program Services $1,856,123
66.5%
Investment Income $39
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $192,259
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,260,776
48.8%
Assets/Debt
Total Assets $11,679,347
Total Liabilities $5,299,431
Net Assets $6,379,916
Compensation
Key Employees and Officers Compensation Related Other
Dian Sodano (Vp Lending) $112,218 $0 $11,853
Jorge Vega (Vp Realty) $103,820 $0 $16,144
Gabe Del Rio (Coo) $91,394 $45,015 $3,564
Susan M Reynolds (President/Ceo) $56,164 $114,029 $23,149
Brian Kay (Cfo) $44,702 $90,760 $21,181
Stephen Baker (Treasurer) $0 $0 $0
Karen Bucey (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,684,198
Expenses
$3,275,618
Net Income
$408,580
Net Assets
$6,172,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,752,034
47.6%
Program Services $1,932,072
52.4%
Investment Income $92
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $187,971
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,393,356
42.5%
Assets/Debt
Total Assets $13,409,978
Total Liabilities $7,237,745
Net Assets $6,172,233

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,623,820
Expenses
$2,717,569
Net Income
$906,251
Net Assets
$5,763,653
Notable Sources of Revenue Percent of Total Revenue
Contributions $140,000
3.9%
Program Services $3,480,784
96.1%
Investment Income $2,769
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $267
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $68,464
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $829,275
30.5%
Assets/Debt
Total Assets $14,284,093
Total Liabilities $8,520,440
Net Assets $5,763,653

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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 »

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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.

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