SO CAL CDC
AI Summary
SO CAL CDC is a nonprofit organization focused on economic development, operating as a certified development company with the U.S. Small Business Administration. The organization specializes in providing below-market, fixed-rate financing for commercial and industrial projects through the SBA 504 loan program, helping small businesses secure funding for expansion projects. With an operating budget of $1.2 million and total revenue of $1.1 million for the filing year 2024, SO CAL CDC plays a vital role in facilitating business growth through accessible financing options. For more information, visit www.socalcdc.com.
Mission Statement
SO CAL CDC IS A CERTIFIED DEVELOPMENT COMPANY WITH THE U.S. SMALL BUSINESS ADMINISTRATION. THE ORGANIZATION SPECIALIZES IN BELOW MARKET, FIXED RATE FINANCING FOR COMMERCIAL AND INDUSTRIAL PROJECTS THROUGH THE SBA 504 LOAN PROGRAM. SO CAL CDC ASSISTS SMALL BUSINESSES TO RECEIVE THE OPPORTUNITY OF FINANCING THEIR EXPANSION PROJECTS WITH ATTRACTIVE RATES AND TERMS. THE FINANCING CAN BE USED FOR THE PURCHASE AND/OR DEVELOPMENT OF LAND AND BUILDING FOR BUSINESS PURPOSES.
Cause Areas
1
Economic development
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Frequently Asked Questions
What is SO CAL CDC’s budget?
In 2024, SO CAL CDC reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does SO CAL CDC support?
SO CAL CDC supports work in Economic development.
Where does SO CAL CDC operate?
SO CAL CDC is headquartered in Mission Hills, CA.