2024-05-15T08:00:49-07:00 2023-06-30 943408364 WILLIAMS ADLEY AND CO-CA LLP 7677 Oakport St Suite 1000 OAKLAND CA 94621 990 2022-07-01 942548556 Main Street Launch MAIN 5107634297 2101 Webster Street 1200 OAKLAND CA 94612 Jacob Singer President & CEO 2024-05-15 true Jacob Singer 999009999 true Robert Griffin P00201416 5108938114 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Jacob Singer 2101 Webster Street 1200 OAKLAND CA 94612 7518901 false X obdc.com 1979 To grow strong communities by providing financing and technical assistance to small businesses that provide employment service and community benefits 9 9 20 0 7644356 5467072 1000137 1176231 613992 546916 771931 328682 10030416 7518901 0 0 3925927 4213463 0 0 6150226 3042152 10076153 7255615 -45737 263286 30976803 28397163 17697430 14854504 13279373 13542659 To grow strong communities by providing financing and technical assistance to small businesses that provide employment service and community benefits false false 5019826 PROGRAM ACCOMPLISHMENTSOur collaborative approach helps our clients create jobs and stimulate economic development in low-to-moderate income communities. The organization provided technical assistance to small business owners, originates business loans and grants, and works with local, state, and Federal government agencies to drive economic development results in low to moderate income areas and for low-to-moderate income business owners. Main Street Launch is certified by the United States Treasury Department as a Community Development Financial Institution (CDFI) and has delegated authority from the Small Business Administration as an SBA Community Advantage lender. 5019826 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 20 0 true 20 true false false false false false false false 0 false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false CA X Jacob Singer 5107634297 2101 Webster St Suite 1200 Oakland CA 94612 Joyce Windross EVP Operations 40.00 0.00 405263 0 59318 Jacob Singer President & CEO 40.00 0.00 X 361000 0 57514 Jen Verne Chief Dev Officer 40.00 0.00 277436 0 50739 Karla DeLeon Credit Officer 40.00 0.00 210824 0 43602 Darius Mahajer SVP Marketing Mgr 40.00 0.00 200676 0 38118 Eric Nelson Director 0.50 0.00 X 5500 0 0 Jim Wong Director 0.50 0.00 X 5500 0 0 Matt Ching Director 0.50 0.00 X 5500 0 0 Stephanie L Jones Treasurer 0.50 0.00 X 5500 0 0 Wendell Jones Director 0.50 0.00 X 5500 0 0 Arthur Washington Director 0.50 0.00 X 5000 0 0 Mark Lindquist Director 0.50 0.00 X 5000 0 0 Tiffany Short Director 0.50 0.00 X 2500 0 0 Gladys Green Director 0.50 0.00 X 0 0 0 Tiffany Short Director 0.50 0.00 X 0 0 0 Lasandra Hunt Director 0.50 0.00 X 0 0 0 1495199 249291 5 false true false Techsperience PO Box 16097 Oakland CA 94610 Technology 101360 Net At Work Inc PO Box 70280 Philadelphia PA 19176 Technology 143082 Amtrino Technologies LLC 7054 Dublin Meadows St D Dublin CA 94568 Technology 204160 3 5467072 5467072 Fee for services 633859 633859 LATE FEES 863 863 LOAN FEES 120774 120774 Loan sale income 235498 235498 Loan Servicing Fees 185237 185237 1176231 546916 546916 0 0 0 0 0 0 0 Extinguishment of debt 900099 OTHER INCOME 900099 328682 328682 328682 7518901 2051829 0 0 0 0 1495199 1036685 458514 0 1970372 1283246 687126 0 0 747892 500656 247236 0 50998 34139 16859 76498 51210 25288 0 0 0 0 2589 1733 856 0 0 0 440280 294733 145547 73824 49419 24405 0 0 457200 457200 0 144626 96816 47810 104489 69947 34542 Technology Consultant Service 755983 506072 249911 Loan Application 250382 250382 Miscellaneous 232629 155727 76902 Community Outreach 226624 151707 74917 226030 80154 145876 7255615 5019826 2235789 0 7553392 4237869 11382804 8977605 581905 2271267 251253 549460 0 0 10246177 10885888 0 66614 90859 1183140 891752 436014 291388 0 0 0 0 458644 1092827 30976803 28397163 420833 390903 14066907 12418524 3209690 2045077 17697430 14854504 X 3785229 4490673 9494144 9051986 13279373 13542659 30976803 28397163 263286 X false true X true true true X 5014892 6074518 9110612 7644356 5467072 33311450 0 0 5014892 6074518 9110612 7644356 5467072 33311450 0 33311450 1026536 959158 665662 613992 546916 3812264 0 225226 77526 252331 328682 883765 38007479 0.87640 0.89600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68366 68366 6737 891752 -885015 293331 293331 814706 814706 291388 Accrued Expenses 549030 Other Liabilities 1175269 Unearned Revenue 320778 2045077 7518901 7518901 7518901 7255615 7255615 7255615 false false false false false false false false false Darius Mahajer SVP Marketing Mgr 142315 58361 9817 28301 238794 Jacob Singer President & CEO 311000 50000 26000 31514 418514 Jen Verne Chief Dev Officer 150945 126491 22500 28239 328175 Joyce Windross EVP Operations 219099 186164 28600 30718 464581 Karla DeLeon Credit Officer 201126 9698 20166 23436 254426 Form 990, Part VI, Section B, Line 11b Form 990 Reviewed by Governing Body Form 990, Part VI, Section B, Line 12c THE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED. Form 990, Part VI, Section B, Line 15a Approved by the Board Form 990, Part VI, Section B, Line 15b Approved by the Board Form 990, Part VI, Section C, Line 19 Audit report made available to Dun & Bradstreet