Nonprofit · EIN 20-0018055
ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS
Tax-exempt · RIVERSIDE, CA 92517
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $44,100 | $44,869 | -$769 | $17,384 | – | $17,384 |
| June 30, 2023 | 990-EZ | $44,100 | $50,050 | -$5,950 | $21,632 | – | $21,632 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Membership dues
- $44,100
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $43,530
- Other expenses
- $1,339
- Program services (functional)
- $42,252
Balance sheet and other
- Total assets, start of year
- $18,633
- Total assets, end of year
- $17,384
- Total liabilities, end of year
- –
- Net assets, end of year
- $17,384
- Cash, savings and investments
- $15,934
- Gross receipts
- $44,100
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Ocasio | President | 0.15 | $0 |
| Michael Ocasio | Treasurer | 0.15 | $0 |
| Carrie Miller | Secretary | 0.15 | $0 |
| Sanford Livingston | Vice President | 0.15 | $0 |
| Mark Robertson | Director | 0.15 | $0 |
| Debbie Raven | Director | 0.15 | $0 |
| Juan Carlos Hernandez | Director | 0.15 | $0 |
| Debbie Muramoto | Director | 0.15 | $0 |
| Lee Takikawa | Director | 0.15 | $0 |
990-EZ for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL OCASIO | PRESIDENT | 0.15 | $0 |
| MICHAEL OCASIO | TREASURER | 0.15 | $0 |
| MARIA LOPEZ | SECRETARY | 0.25 | $0 |
| MARK ROBERTSON | DIRECTOR | 0.15 | $0 |
| SANFORD LIVINGSTON | VICE PRESIDE | 0.15 | $0 |
| DEBBIE RAVEN | DIRECTOR | 0.15 | $0 |
| JUAN CARLOS HERNANDEZ | DIRECTOR | 0.15 | $0 |
| DEBBIE MURAMOTO | DIRECTOR | 0.15 | $0 |
| LEE TAKIKAWA | DIRECTOR | 0.15 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5266, RIVERSIDE, CA 92517-5266
- In care of
- % MICHAEL OCASIO
- Signed the 990-EZ
- Michael A Ocasio, President
- Phone
- (714) 571-1900
- Website
- tafdc.squarespce.com
California records
California keeps its own records of charities and corporations. Search them by EIN 20-0018055 or by the name ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Avocacy for the CA Loan Guarantee Program for Small Businesses
Program accomplishments
- To avocate for continuation of the California Loan Guarantee program for Small BusinessesExpenses $42,252
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 20-0018055
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S014)
- Assets (IRS master file)
- $17,384
- Income (IRS master file)
- $44,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $44,100 | $44,869 | $17,384 | XML |
| 990-EZ | June 2023 | $44,100 | $50,050 | $21,632 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0018055).
Questions about ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS
- What is the EIN of ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS?
- The employer identification number (EIN) of ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS is 20-0018055.
- Is ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2003.
- Are donations to ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS?
- The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does ASSOCIATION OF FINANCIAL DEVELOPMENT CORPORATIONS have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $44,100, expenses of $44,869 and total assets of $17,384 at year end.
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All nonprofits in RIVERSIDE · California · Community improvement and capacity building