2025-09-19T16:30:07-07:00 2024-06-30 852496100 JEFFREY A HILL CPA CORPORATION 19602 Fariman Drive Carson CA 90746 990 2023-07-01 953464246 SAN FERNANDO VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION SANF 8182051770 5015 EAGLE ROCK BOULEVARD SUITE 211 LOS ANGELES CA 90041 MIGUEL JUAREZ PRESIDENT AND EXECUTIVE DIRECTOR 8182051770 2025-09-19 0 1 Jeffrey Hill P02459689 3107491014 2025-09-19 2023 2025-03-06 01:10:19Z GOLDEN STATE CERTIFIED DEVELOPMENT CORPORATION MIGUEL JUAREZ 5015 EAGLE ROCK BOULEVARD SUITE 211 LOS ANGELES CA 90041 524066 0 X X 2001 CA TO ASSIST SMALL BUSINESSES TO ACCESS CAPITAL FOR GROWTH AND SUSTAINABILITY THROUGH VARIOUS LENDING ACTIVITIES AND TO CREATE AND SUSTAIN JOBS WITHIN DISTRESSED AND DISADVANTAGED COMMUNITIES. 6 6 5 0 0 0 15000 115990 407945 408076 0 0 0 0 422945 524066 0 0 0 0 222041 283140 0 0 0 199896 210056 421937 493196 1008 30870 418953 435056 629760 614993 -210807 -179937 TO ASSIST SMALL BUSINESSES TO ACCESS CAPITAL FOR GROWTH AND SUSTAINABILITY THROUGH VARIOUS LENDING ACTIVITIES AND TO CREATE AND SUSTAIN JOBS WITHIN DISTRESSED AND DISADVANTAGED COMMUNITIES. 0 0 420242 0 408076 THE CORPORATION IS A CERTIFIED DEVELOPMENT CORPORATON (CDC), AN AGENT OF THE U.S. SMALL BUSINESS ADMINISTRATION, AND AS SUCH ORIGINATES, SERVICES, AND MONITORS SBA 504 LOAN TRANSACTIONS TO QUALIFYING BUSINESSES. THE OBJECTIVE OF THE PROGRAM IS TO PROMOTE BUSINESS GROWTH AND CREATE/SUSTAIN EMPLOYMENT. THE CORPORATION ALSO OPERATES A DIRECT LOAN PROGRAM THAT LENDS FUNDS TO SMALL BUSINESSES. THE MAXIMUM LOAN AMOUNT IS $200,000 AND THE SMALL BUSINESS MAY USE THE LOAN PROCEEDS FOR WORKING CAPITAL, REAL ESTATE (EXCEPT FOR REAL ESTATE ACQUIRED AND HELD PRIMARILY FOR SALE, LEASE OR INVESTMENT), OR THE ACQUISITION OF MATERIALS, SUPPLIES, FURNITURE, FIXTURES OR EQUIPMENT. 0 0 0 420242 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 5 1 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ORGANIZATION STAFF 8189079977 5015 EAGLE ROCK BOULEVARD SUITE 211 LOS ANGELES CA 90041 MIGUEL JUAREZ PRESIDENT/EXECUTIVE DIRECTOR 40 0 X 95500 0 0 ANDREW BARRERA BOARD SECRETARY 2 0.00 X 0 0 0 ALEX GUERRERO BOARD MEMBER 2 0 X 0 0 0 SAL MENDOZA BOARD MEMBER 2 0 X 0 0 0 WILLIAM SHIAO BOARD MEMBER 2 0 X 0 0 0 GEORGE STAVARIS BOARD CHAIR 2 0.00 X 0 0 0 RUTH CORRALES BOARD MEMBER 2 0 X 0 0 0 95500 0 0 0 0 0 0 0 0 0 0 0 16090 99900 0 115990 408076 408076 0 0 408076 0 0 0 0 0 0 524066 408076 0 0 95500 85550 9950 135113 122002 13111 25789 23210 2579 26738 24064 2674 0 25313 22782 2531 13186 13186 PROFESSIONAL FEES 63623 57261 6362 0 REIMBURSABLE 42468 38221 4247 0 COMPUTER AND INTERNET 22816 20534 2282 0 IT SERVICE 13346 12011 1335 0 29304 14607 14697 493196 420242 72954 0 221638 136938 6484 90357 169045 194137 14273 6111 7513 7513 418953 435056 63093 107335 566667 507658 629760 614993 X -210807 -179937 0 0 -210807 -179937 418953 435056 30870 0 0 0 0 0 X 1 X 0 1 0 X 84885 28520 97398 15000 115990 341793 84885 28520 97398 15000 115990 341793 341793 341793 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section B, Line 11b THE PRESIDENT/EXECUTIVE DIRECTOR REVIEWS THE TAX RETURN AND REPORTS THE RESULTS TO THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 12c MANAGEMENT AND BOARD MEMBERS COMPLETE A STATEMENT ON AN ANNUAL BASIS DISCLOSING ALL CONFLICTS. Form 990, Part VI, Section B, Line 15 OFFICER SALARIES ARE DETERMINED BY THE BOARD OF DIRECTORS USING SALARY SURVEYS AND INTERNET SEARCHES FOR COMPARISON PURPOSES. EMPLOYEE SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR USING SALARY SURVEYS AND INTERNET SEARCHES FOR COMPARISON PURPOSES. Form 990, Part VI, Section C, Line 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. As a result of the effects on daily operations due to the California wildfires in January 2025, the accompanying form 990 for San Fernando Valley Small Business Development Corporation dba Golden State Certified Development Corporation is being submitted after the normal due date of May 15, 2025. The taxpayer is requesting that any penalty for filing form 990 after the normal due date be abated in accordance with IRS pronouncement CA-2025-01 dated January 10, 2025. This IRS pronouncement grants all businesses located in Los Angeles County that were affected by the California wildfires a six-month extension to file its Form 990.