2024-03-01T15:18:38-07:00 2023-09-30 990 2022-10-01 742670381 CAPITAL CERTIFIED DEVELOPMENT CORPORATION CAPI 5126150365 4330 Gaines Ranch Loop S220 Austin TX 78735 Thomas J Braasch Executive Director 5126150387 2024-03-01 Thomas J Braasch 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Capital CDC Thomas J Braasch 4330 Gaines Ranch Loop S220 Austin TX 78735 8615049 0 X www.capitalcdc.com X 1993 TX To promote economic development by facilitating SBA 504 loans and other programs for small businesses 14 13 36 33 0 0 0 0 7836095 8508694 12945 95492 2499 10863 7851539 8615049 0 0 0 0 5553798 5944194 0 0 0 1253192 1293265 6806990 7237459 1044549 1377590 10331482 12256539 1506340 2083286 8825142 10173253 To promote economic development by facilitating 504 loans and other programs for small businesses within Texas, New Mexico and Arkansas 0 0 5983005 0 8508693 THE ORGANIZATION PROVIDES ACCESS TO THE SBA 504 LOAN PROGRAM TO ALL SMALL BUSINESSES IN TEXAS AND NEW MEXICO AND ARKANSAS. THE PROGRAM ASSISTS SMALL BUSINESSES WITH LONG-TERM, FIXED ASSET FINANCING AT INTEREST RATES COMPARABLE TO COMMERCIAL PAPER. 0 0 0 5983005 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 36 1 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Thomas J Braasch 5123279229 4330 Gaines Ranch Loop S220 Austin TX 78735 Amy Joseph Business Development Region Manager 40 0 X 598309 0 34211 Harry Leach Jr Business Development Region Manager 40 0 X 489769 0 24538 Thomas Braasch Executive Director 40 0 X 352854 0 36632 Paula Dean Director of Finance and Administration 40 0 X 239964 0 35678 Frank Grigsby Business Development Officer 40 0 X 231186 0 19107 Jason Bigham Business Development Region Manager 40 0 X 199861 0 26851 Gary Henderson President 0 0 X X 0 0 0 Paul Reade Vice President 0 0 X X 0 0 0 Lane Lanford Treasurer 0 0 X X 0 0 0 Alan Talkington Secretary 0 0 X X 0 0 0 Carl Condon Director 0 0 X 0 0 0 Deepesh Kholwadwala Director 0 0 X 0 0 0 Roland Love Director 0 0 X 0 0 0 Julia Sheldon Director 0 0 X 0 0 0 J Hampton Skelton Director 0 0 X 0 0 0 Bill Young Director 0 0 X 0 0 0 Laurie Roach Director 0 0 X 0 0 0 Greg Garner Director 0 0 X 0 0 0 Garrett Morgan Director 0 0 X 0 0 0 John Jenkins Director 0 0 X 0 0 0 2111943 0 177017 18 0 1 0 0 0 Loan Servicing Fees 525990 5098091 5098091 0 0 Loan Processing Fees 525990 2359681 2359681 0 0 Loan Packaging Fees 525990 101000 101000 0 0 Interest Earnings 525990 634216 634216 0 0 Community Advantage Fees 525990 315706 315706 0 0 0 0 0 0 8508694 95492 0 0 95492 0 0 0 0 0 0 0 0 0 0 0 0 10863 0 0 10863 10863 8615049 8508694 0 106355 0 0 0 0 0 0 0 0 423384 211692 211692 0 0 0 0 0 4616331 4139624 476707 0 171006 151872 19134 0 401525 367012 34513 0 331948 290937 41011 0 0 0 0 0 240 0 240 0 24945 0 24945 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 134011 0 134011 0 129195 94159 35036 0 136842 118497 18345 0 0 0 0 0 248426 215123 33303 0 98700 93765 4935 0 0 0 0 8900 7707 1193 0 0 0 0 0 0 0 0 161306 139682 21624 0 57008 41323 15685 0 Training 19092 16533 2559 0 Bad Debt 101818 0 101818 0 Selling 94265 94265 0 0 Contributions 78517 814 77703 0 7237459 5983005 1254454 0 482550 388142 4854535 4336667 0 0 1763442 2063970 0 0 0 0 2354799 4011552 0 0 336243 383364 1027215 527226 521487 499989 18426 572855 10331482 12256539 1200063 1260877 306277 822409 1506340 2083286 X 8825142 10173253 0 0 8825142 10173253 10331482 12256539 1377590 0 0 0 -29479 0 X 0 1 X 0 0 X 5759673 5956620 6645619 7838594 8519557 34720063 5759673 5956620 6645619 7838594 8519557 34720063 0 0 0 0 0 0 34720063 18878 10558 90174 12945 95493 228048 18878 10558 90174 12945 95493 228048 5778551 5967178 6735793 7851539 8615050 34948111 0.99347 0.99552 0.00653 0.00448 X 0 0 0 0 0 0 0 0 518373 210589 307784 0 508842 316637 192205 0 0 0 0 499989 0 Refundable Deposits 102427 Lease Liabilities 719982 822409 X 8615049 0 0 0 0 0 8615049 0 0 0 8615049 7237459 0 0 0 0 0 7237459 0 0 0 7237459 Schedule D, Part X, Line 2 The organization has been classified as an other-than private foundation and is tax-exempt under section 501(c)(3) of the Internal Revenue Code. The organization is subject to a tax on income from any unrelated business income. There was no unrelated business income for the year ended September 30, 2018. Financial Accounting Standards Board Accounting Standards Codification (ASC) Section 740, Income Taxes, requires extensive disclosures about uncertain tax positions. The requirements of this Standard are applicable to nonprofit organizations. The organization evaluates any uncertain tax positions using the provisions of ASC 450, Contingencies. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the loss can be reasonably estimated. The amount recognized is subject to estimate and Management's judgment with respect to the likely outcome of each uncertain tax position. The organization does not believe that it has engaged in any situation that would result in an uncertain tax position. As a result, Management does not believe that any uncertain tax positions currently exist and, therefore, no loss contingency has been recognized in the accompanying financial statements. Currently, the organization has no open examinations with either the Internal Revenue Service or state taxing authorities. The organization's policy is to record any income tax related penalties and interest incurred as General and Administrative expense. There are no income tax related penalties and interest included in the accompanying financial statements. X 1 1 X X X X 0 0 0 1 0 1 0 0 0 Thomas Braasch Executive Director 236368 0 116486 0 0 0 14357 0 22275 0 389486 0 0 0 Amy Joseph Business Development Region Manager 103893 0 494416 0 0 0 23943 0 10269 0 632521 0 0 0 Harry Leach Jr Business Development Region Manager 109026 0 380743 0 0 0 14648 0 9890 0 514307 0 0 0 Paula Dean Director of Finance and Administration 155564 0 84400 0 0 0 10052 0 25626 0 275642 0 0 0 Frank Grigsby Business Development Officer 80444 0 150742 0 0 0 9247 0 9860 0 250293 0 0 0 Jason Bigham Business Development Region Manager 90198 0 109663 0 0 0 8237 0 18614 0 226712 0 0 0 Schedule J, Part I, Line 1a Health Club dues are taxable income to the employee, but may be reimbursed by the organization for up to $75 per month. Schedule J, Part I, Line 5 Business Development Region Managers and Sr. Business Development Officers are paid incentive bonuses contingent on revenue. Goals are established and approved by the Board of Directors on a fiscal year basis. Schedule J, Part I, Line 6 Executive Director receives incentive bonuses contingent on a mixture of net earnings and performance goals. Performance goals are measured with revenue generation metrics, as well as non-monetary metrics. Goals are established and approved by the Board of Directors on a fiscal year basis. All of the highest paid employees listed receive an equally distributed company performance bonus based on total net income for the fiscal year. Form 990, Part VI, Section A, Line 6 The organization has members. Form 990, Part VI, Section A, Line 7a A person who meets the qualification requirements to be a Director and who has been duly nominated, may be elected as a Director during any Board meeting by vote of the existing Directors. Officers shall be elected at the end of each fiscal year by the Board of Directors. An officer shall hold office until a successor is qualified and elected. Form 990, Part VI, Section B, Line 11b Each Director is given a complete copy of Form 990. If the Director has any questions or concerns, it can be addressed to the other Directors and the Executive Director. Form 990, Part VI, Section B, Line 12c Annually, all Directors are required to complete a Conflict of Interest Statement. If any problem arises as a result, the Board of Directors meet to resolve the problem. Form 990, Part VI, Section B, Line 15 The Executive Compensation Committee of the Board of Directors approves Executive Director and Director of Finance and Administration salaries annually and reviews all salaries and compensation of the organization. Form 990, Part VI, Section C, Line 19 All of the above items are available for public inspection upon request. Extension filed and accepted