2025-12-17T12:48:37-06:00 2025-06-30 952700123 LSL LLP 500 TECHNOLOGY DRIVE STE 350 IRVINE CA 92618 990 2024-07-01 912154838 SMALL BUSINESS DEVELOPMENT CORPORATION OF ORANGE COUNTY SMAL 7145711900 PO BOX 5266 RIVERSIDE CA 925175266 MICHAEL OCASIO PRESIDENT 7145711900 2025-11-17 1 0 KIMBERLY A MANNING CPA P01479364 9498298299 2025-11-17 2024 2025-03-06 01:10:19Z MICHAEL OCASIO PO BOX 5266 RIVERSIDE CA 925175266 3011603 0 X WWW.SBFDOC.ORG X 2001 CA TO PROVIDE FINANCIAL ASSISTANCE TO SMALL BUSINESSES. THE ORGANIZATION IS PRIMARILY INVOLVED IN ECONOMIC DEVELOPMENT LENDING ACTIVITIES PROVIDING STATE LOAN GUARANTEES AND OTHER DIRECT CAPITAL ACCESS PROGRAMS. 10 10 7 0 0 0 76500 80500 2325813 2816671 47770 71699 -4649 18192 2445434 2987062 7000 21555 0 0 1791694 2072813 0 0 0 306693 347390 2105387 2441758 340047 545304 5366878 5901420 1205971 1195209 4160907 4706211 X TO PROVIDE FINANCIAL ASSISTANCE TO SMALL BUSINESSES. THE ORGANIZATION IS PRIMARILY INVOLVED IN ECONOMIC DEVELOPMENT LENDING ACTIVITIES PROVIDING STATE LOAN GUARANTEES TO BANK AND NON-BANK LENDERS THROUGH THE STATE LOAN GUARANTEE PROGRAM AND OTHER DIRECT CAPITAL ACCESS TO ECONOMICALLY DISADVANTAGED BUSINESSES THROUGHOUT CALIFORNIA. THIS ULTIMATELY STRENGTHENS THE LOCAL BUSINESS ECONOMY BY CREATING AND RETAINING JOBS. 0 0 2111791 21555 2816804 PROVIDES LOAN GUARANTEES AND OTHER DIRECT CAPITAL ACCESS PROGRAMS TO ECONOMICALLY DISADVANTAGED BUSINESSES THROUGHOUT CALIFORNIA, WHICH ULTIMATELY STRENGTHENS THE LOCAL BUSINESS ECONOMY BY CREATING AND RETAINING JOBS. 2111791 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X CARRIE MILLER 7145711900 271 N SYCAMORE STREET SANTA ANA CA 92701 MICHAEL OCASIO CEO 40.00 X X 393510 0 21076 LARRY TRUJILLO SECRETARY 2.00 X X 0 0 0 PABLO OCASIO VICE CHAIRMAN 2.00 X X 0 0 0 THANH PHAM CHAIRMAN 2.00 X X 0 0 0 CASSAUNDRA JOHNSON TREASURER 2.00 X X 0 0 0 MICHAEL KARR DIRECTOR 1.00 X 0 0 0 GIL KEINAN DIRECTOR 1.00 X 0 0 0 ERIC BELL DIRECTOR 1.00 X 0 0 0 JOHNNY THOMAS DIRECTOR 1.00 X 0 0 0 CATHERINE NGUYEN DIRECTOR 1.00 X 0 0 0 CARRIE MILLER CHIEF FINANCIAL OFFICER 40.00 X 204685 0 28211 JIM ELY PRESIDENT 40.00 X 311548 0 14159 NESTOR CORREA SR VICE PRES COMMERCIAL LE 40.00 X 257617 0 28070 RICHARD LEE SR VICE PRES COMMERCIAL LE 40.00 X 238433 0 16234 MARIA LOPEZ CHIEF OPERATION OFFICER 40.00 X 143668 0 12831 EDDIE NEVAREZ CREDIT ANALYST 40.00 X 101792 0 14955 1651253 0 135536 7 0 1 0 0 80500 80500 PROCESSING AND LOAN FE 900099 2570621 2570621 STATE CONTRACT INCOME 900099 246000 246000 DEFAULT CLAIM RECOVERY 900099 50 50 2816671 71699 71699 42600 24541 18059 18059 18059 MISCELLANEOUS 900099 133 133 133 2987062 2816804 0 89758 21555 21555 997665 828669 168996 826958 768923 58035 144608 127255 17353 103582 91152 12430 93123 79193 13930 19956 15965 3991 11402 7542 3860 3837 1918 1919 20382 7745 12637 38175 30540 7635 25464 20371 5093 20000 20000 22572 11286 11286 15958 12766 3192 COMMUNITY OUTREACH 50876 50876 MEALS AND MEETINGS 12744 10195 2549 DUES AND SUBSCRIPTIONS 9812 7850 1962 TAXES AND LICENSES 8490 3820 4670 -5401 -5830 429 2441758 2111791 329967 0 4021591 2753721 57577 2070844 22577 35490 1224838 228318 1026880 996520 238253 44845 5366878 5901420 178248 195209 1000000 1000000 27723 0 1205971 1195209 X 4159025 4706211 1882 0 4160907 4706211 5366878 5901420 545304 0 X X 0 1 X 1 0 X 174600 85000 181500 76500 80500 598100 1103630 1658607 1721446 2325813 2816671 9626167 1278230 1743607 1902946 2402313 2897171 10224267 0 0 0 10224267 35256 44600 43009 47770 71699 242334 35256 44600 43009 47770 71699 242334 105 1237 43 133 1518 1313486 1788312 1947192 2450126 2969003 10468119 0.97670 0.97520 0.02310 0.02470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 433406 433406 711021 151061 559960 13849 12234 1615 66562 65023 1539 996520 X 3011603 24541 24541 2987062 0 2987062 2466299 24541 24541 2441758 0 2441758 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICES. ACCOUNTING STANDARDS REQUIRE A ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED "MORE LIKELY THAN NOT" TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT JUNE 30, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL DEPRECIATION 7,788. RENTAL EXPENSES 16,753. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL DEPRECIATION 7,788. RENTAL EXPENSES 16,753. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED "MORE LIKELY THAN NOT" TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATE ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT JUNE 30, 2024. 1 LA SIERRA UNIVERSITY 4500 RIVERWALK PKWY RIVERSIDE CA 92505 330413730 5168 0 GRANT FOR ZAPARA SCHOOL OF BUSINESS 1 0 0 0 0 0 0 0 1 0 MICHAEL OCASIO CEO 277058 0 116452 0 0 0 8312 0 12764 0 414586 0 0 0 JIM ELY PRESIDENT 193500 0 118048 0 0 0 0 0 14159 0 325707 0 0 0 NESTOR CORREA SR VICE PRES COMMERCIAL LE 101918 0 155699 0 0 0 3058 0 25012 0 285687 0 0 0 RICHARD LEE SR VICE PRES COMMERCIAL LE 98899 0 139534 0 0 0 2967 0 13267 0 254667 0 0 0 CARRIE MILLER CHIEF FINANCIAL OFFICER 120233 0 84452 0 0 0 3607 0 24604 0 232896 0 0 0 MARIA LOPEZ CHIEF OPERATION OFFICER 80442 0 63226 0 0 0 2413 0 10418 0 156499 0 0 0 EDDIE NEVAREZ CREDIT ANALYST 68542 0 33250 0 0 0 1141 0 13814 0 116747 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS MADE AVAILABLE TO THE EXECUTIVE COMMITTEE FOR REVIEW AND INSPECTION PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/HERSELF FROM ALL VOTING AND DISCUSSION ON THE MATTER FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS REVIEWED BY EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 INFORMATION AVAILABLE AT CORPORATE OFFICE UPON REQUEST FORM 990, PART XII, LINE 2C: THERE ARE NO CHANGES.