2025-08-14T20:32:58-07:00 2024-09-30 990 2023-10-01 742670381 CAPITAL CERTIFIED DEVELOPMENT CORPORATION CAPI 5126150365 4330 Gaines Ranch Loop S220 Austin TX 78735 Thomas J Braasch Executive Director 5126150387 2025-08-14 1 2023 2025-03-06 01:10:19Z Capital CDC Thomas J Braasch 4330 Gaines Ranch Loop S220 Austin TX 78735 9988366 0 X www.capitalcdc.com X 1993 TX To promote economic development by facilitating SBA 504 loans and other programs for small businesses 15 14 36 32 0 0 0 0 8508694 9671914 95492 302057 10863 14395 8615049 9988366 0 0 0 0 5944194 6289831 0 0 0 1293265 1444122 7237459 7733953 1377590 2254413 12256539 14538426 2083286 2110760 10173253 12427666 To promote economic development by facilitating 504 loans and other programs for small businesses within Texas, New Mexico and Arkansas. 0 0 6362242 0 9826294 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 6362242 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 15 14 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 506628 0 30359 Thomas Braasch Executive Director 40 0 X 391400 0 38161 Harry Leach Jr Business Development Region Manager 40 0 X 339931 0 19772 Paula Dean Director of Finance and Administration 40 0 X 239965 0 36548 Jason Bigham Business Development Region Manager 40 0 X 231186 0 29685 Matt McCollum Credit Director 40 0 X 199861 0 18043 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 1908971 0 172568 21 0 1 0 0 0 Loan Servicing Fees 525990 5667933 5667933 0 0 Loan Processing Fees 525990 2602955 2602955 0 0 Loan Packaging Fees 525990 105862 105862 0 0 Interest Earnings 525990 791352 791352 0 0 Community Advantage Fees 525990 503812 503812 0 0 0 0 0 0 9671914 302057 0 0 302057 0 0 0 0 0 0 0 0 0 0 0 0 Late Fee 525990 14395 0 0 14395 0 0 0 0 14395 9988366 9671914 0 316452 0 0 0 0 0 0 0 0 469274 234637 234637 0 0 0 0 0 4872775 4398315 474460 0 176784 158011 18773 0 414203 375511 38692 0 356795 317013 39782 0 0 0 0 0 640 0 640 0 49972 0 49972 0 0 0 0 0 0 0 0 0 0 0 0 0 0 171854 0 171854 0 121948 85605 36343 0 171605 149217 22388 0 0 0 0 0 248688 216244 32444 0 119342 113375 5967 0 0 0 0 0 11150 9695 1455 0 0 0 0 0 0 0 0 0 172137 149680 22457 0 62039 43534 18505 0 Training 26005 22612 3393 0 Bad Debt 124214 0 124214 0 Selling 87343 87343 0 0 Contributions 77185 1450 75735 7733953 6362242 1371711 0 388142 330582 4336667 4778003 0 0 2063970 2683878 0 0 0 0 4011552 5423090 0 0 383364 485285 1069617 699363 499989 370254 572855 467334 12256539 14538426 1260877 1388113 822409 722647 2083286 2110760 X 10173253 12427666 0 0 10173253 12427666 12256539 14538426 2254413 0 0 0 0 0 X 0 1 X 0 0 X 5956620 6645619 7838594 8519557 9686309 38646699 5956620 6645619 7838594 8519557 9686309 38646699 0 0 0 0 0 0 38646699 10558 90174 12945 95493 302057 511227 10558 90174 12945 95493 302057 511227 5967178 6735793 7851539 8615050 9988366 39157926 0.98694 0.99347 0.01306 0.00653 X 0 0 0 0 0 0 0 0 524350 276560 247790 0 545267 422803 122464 0 0 0 0 370254 0 Refundable Deposits 134025 Lease Liabiliites 588622 722647 X 9988366 0 0 0 0 0 9988366 0 0 0 9988366 7733953 0 0 0 0 0 7733953 0 0 0 7733953 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 247804 0 143597 0 0 0 15921 0 22239 0 429561 0 0 0 Amy Joseph Business Development Region Manager 108633 0 397995 0 0 0 20269 0 10090 0 536987 0 0 0 Harry Leach Jr Business Development Region Manager 113190 0 226741 0 0 0 10155 0 9617 0 359703 0 0 0 Paula Dean Director of Finance and Administration 146275 0 93690 0 0 0 10784 0 25764 0 276513 0 0 0 Jason Bigham Business Development Region Manager 95982 0 135204 0 0 0 9417 0 20268 0 260871 0 0 0 Matt McCollum Credit Director 110769 0 89092 0 0 0 8148 0 9895 0 217904 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