2026-07-03T19:10:46-07:00 2025-06-30 333023707 One Team Accounting Incorporated 6425 E Madera St Long Beach CA 90815 990 2024-07-01 953464246 SAN FERNANDO VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION SANF 8182051770 5015 EAGLE ROCK BOULEVARD 211 LOS ANGELES CA 90041 MIGUEL JUAREZ President & ED 2026-07-03 true true Michael Driskill P03330508 5622474117 2024 2025-03-06 01:10:19Z MIGUEL JUAREZ 5015 EAGLE ROCK BOULEVARD 211 LOS ANGELES CA 90041 343835 false X https://goldenstatecdc.org 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 6 0 115990 15000 408076 328581 0 254 524066 343835 0 0 283140 208113 0 0 210056 122813 493196 330926 30870 12909 435056 281914 614993 483579 -179937 -201665 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. false false 272972 328581 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. 272972 true true false false false false false false false false false false false false false false false 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 1 0 true 6 true false false false false false false false 0 false false false false false false false X 6 6 false true false false false false false true true false false true true true true true true true true false CA X Roco Handal 8182051770 5015 Eagle Rock Blvd Ste 211 LOS ANGELES CA 90041 MIGUEL JUAREZ President & ED 40.00 0.00 X 144839 0 10500 GEORGE STAVARIS Chairman 2.00 0.00 X X 0 0 0 LEON PINK BOARD MEMBER 2.00 0.00 X 0 0 0 PEDRO BARRERA Secretary 2.00 0.00 X X 0 0 0 ALEJANDRO GUERRERO BOARD MEMBER 2.00 0.00 X 0 0 0 RUTH GARCIA-CORRALES BOARD MEMBER 2.00 0.00 X 0 0 0 WILLIAM SHIAO BOARD MEMBER 2.00 0.00 X 0 0 0 144839 10500 1 false true false 0 15000 15000 LOAN PROCESS & SERVICING 522390 328581 328581 328581 0 0 0 0 0 0 0 0 OTHER 900099 254 254 254 343835 328581 254 0 0 0 0 70000 63000 7000 0 103333 92999 10334 0 16320 14688 1632 18460 16615 1845 0 0 6403 5763 640 0 0 0 5943 5349 594 2110 1899 211 0 23644 21280 2364 0 22120 19908 2212 0 0 299 299 7628 7628 0 0 13443 13443 CONSULTANTS 20847 18762 2085 Dues and publications 6553 6553 OTHER 5852 5852 TELEPHONE 3957 3561 396 4014 3296 718 330926 272972 57954 0 136938 61439 0 90357 0 56683 0 0 194137 163792 0 6111 0 0 0 0 0 0 7513 0 435056 281914 107335 35146 507658 448433 614993 483579 X -179937 -201665 -179937 -201665 435056 281914 12909 -34637 X false false false X 28520 97398 15000 115990 15000 271908 0 0 28520 97398 15000 115990 15000 271908 0 271908 0 0 0 271908 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false false false false false false false false false MIGUEL JUAREZ President & ED 70000 74839 10500 155339 Form 990, Part VI, Section A, Line 3 The President/Executive Director and the Operations Manager are in-laws. In accordance with the Organizations conflict-of-interest policy, any compensation, performance evaluation, or decision-making involving related parties is subject to independent review and approval by disinterested members of the Board. Form 990, Part VI, Section B, Line 11b The President/Executive Director conducts a thorough review of the Form 990 prior to filing and provides a formal summary of the returns contents, key disclosures, and reporting outcomes to the Board of Directors. Form 990, Part VI, Section B, Line 12c Management and members of the Board of Directors complete an annual written conflict of interest statement affirming any actual, potential, or perceived conflicts. Form 990, Part VI, Section B, Line 15a Officer salaries are established by the Board of Directors using a comparability analysis that includes salary surveys, publicly available compensation data, and internet research of similarly situated organizations. The Board reviews this information to determine reasonable compensation for Officers. Form 990, Part VI, Section B, Line 15b Employee salaries are set by the Executive Director based on salary surveys, market data, and internet research of comparable positions within similar organizations. The Executive Director uses this information to ensure compensation is reasonable and aligned with industry standards. Form 990, Part VI, Section C, Line 19 The organizations governing documents, conflict-of-interest policy, and financial statements are made available for review upon request in accordance with the public disclosure requirements applicable to tax-exempt entities. Page 12, PART XI, LINE 8 - Explanation of Prior Period Adjustments During the current year, management identified an errorS in the previously reported financial statements related to the classification and recognition of certain amounts recorded in the prior periods. The errors resulted in an incorrect beginning net asset balance. The Organization recorded a prior period adjustment to correct the errors by adjusting beginning net assets as of the start of the year. Prior-year financial statements have not been restated. The adjustment does not affect current-year activities or results of operations.