Nonprofit · EIN 74-2670381
CAPITAL CERTIFIED DEVELOPMENT CORPORATION
Tax-exempt · AUSTIN, TX 78735
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $11,066,004 | $8,813,843 | $2,252,161 | $16,742,983 | $2,063,156 | $14,679,827 |
| September 30, 2024 | 990 | $9,988,366 | $7,733,953 | $2,254,413 | $14,538,426 | $2,110,760 | $12,427,666 |
| September 30, 2023 | 990 | $8,615,049 | $7,237,459 | $1,377,590 | $12,256,539 | $2,083,286 | $10,173,253 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,709,480
- Investment income
- $324,311
- Other revenue
- $32,213
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $447,678
- Other salaries and wages
- $5,682,398
- Salaries, compensation and benefits (total)
- $7,203,957
- Professional fundraising fees
- $0
- Accounting fees
- $99,558
- Occupancy
- $249,494
- Travel
- $157,271
- Depreciation
- $159,592
- Program services (functional)
- $7,400,700
- Management and general (functional)
- $1,413,143
Balance sheet and other
- Total assets, start of year
- $14,538,426
- Total assets, end of year
- $16,742,983
- Total liabilities, end of year
- $2,063,156
- Net assets, end of year
- $14,679,827
- Land, buildings and equipment
- $236,544
- Net assets without donor restrictions
- $14,679,827
- Gross receipts
- $11,066,004
- Employees
- 43
- Volunteers
- 38
- Year formed
- 1993
- State of legal domicile
- TX
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 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Thomas Braasch | Executive Director Officer | 40 | $433,415 | $41,737 |
| Harry Leach Jr | Business Development Region Manager Highest-paid employee | 40 | $414,166 | $20,405 |
| Amy Joseph | Business Development Region Manager Highest-paid employee | 40 | $363,700 | $30,712 |
| Paula Dean | Director of Finance and Administration Highest-paid employee | 40 | $286,997 | $37,837 |
| Matt McCollum | Credit Director Highest-paid employee | 40 | $220,260 | $27,940 |
| Jason Bigham | Business Development Region Manager Highest-paid employee | 40 | $202,076 | $30,910 |
| Gary Henderson | President Trustee or director, Officer | 0 | $0 | $0 |
| Paul Reade | Vice President Trustee or director, Officer | 0 | $0 | $0 |
| Lane Lanford | Treasurer Trustee or director, Officer | 0 | $0 | $0 |
| Garrett Morgan | Secretary Trustee or director, Officer | 0 | $0 | $0 |
| Carl Condon | Director Trustee or director | 0 | $0 | $0 |
| Deepesh Kholwadwala | Director Trustee or director | 0 | $0 | $0 |
| Julia Sheldon | Director Trustee or director | 0 | $0 | $0 |
| J Hampton Skelton | Director Trustee or director | 0 | $0 | $0 |
| Bill Young | Director Trustee or director | 0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Laurie Roach | Director Trustee or director | 0 | $0 |
| Greg Garner | Director Trustee or director | 0 | $0 |
| Alan Talkington | Director Trustee or director | 0 | $0 |
| John Jenkins | Director Trustee or director | 0 | $0 |
990 for the year ended September 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Amy Joseph | Business Development Region Manager Highest-paid employee | 40 | $506,628 | $30,359 |
| Thomas Braasch | Executive Director Officer | 40 | $391,400 | $38,161 |
| Harry Leach Jr | Business Development Region Manager Highest-paid employee | 40 | $339,931 | $19,772 |
| Paula Dean | Director of Finance and Administration Highest-paid employee | 40 | $239,965 | $36,548 |
| Jason Bigham | Business Development Region Manager Highest-paid employee | 40 | $231,186 | $29,685 |
| Matt McCollum | Credit Director Highest-paid employee | 40 | $199,861 | $18,043 |
| Gary Henderson | President Trustee or director, Officer | 0 | $0 | $0 |
| Paul Reade | Vice President Trustee or director, Key employee | 0 | $0 | $0 |
| Lane Lanford | Treasurer Trustee or director, Officer | 0 | $0 | $0 |
| Alan Talkington | Secretary Trustee or director, Officer | 0 | $0 | $0 |
| Carl Condon | Director Trustee or director | 0 | $0 | $0 |
| Deepesh Kholwadwala | Director Trustee or director | 0 | $0 | $0 |
| Roland Love | Director Trustee or director | 0 | $0 | $0 |
| Julia Sheldon | Director Trustee or director | 0 | $0 | $0 |
| J Hampton Skelton | Director Trustee or director | 0 | $0 | $0 |
| Bill Young | Director Trustee or director | 0 | $0 | $0 |
| Laurie Roach | Director Trustee or director | 0 | $0 | $0 |
| Greg Garner | Director Trustee or director | 0 | $0 | $0 |
| Garrett Morgan | Director Trustee or director | 0 | $0 | $0 |
| John Jenkins | Director Trustee or director | 0 | $0 | $0 |
990 for the year ended September 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Amy Joseph | Business Development Region Manager Highest-paid employee | 40 | $598,309 | $34,211 |
| Harry Leach Jr | Business Development Region Manager Highest-paid employee | 40 | $489,769 | $24,538 |
| Thomas Braasch | Executive Director Officer | 40 | $352,854 | $36,632 |
| Paula Dean | Director of Finance and Administration Highest-paid employee | 40 | $239,964 | $35,678 |
| Frank Grigsby | Business Development Officer Highest-paid employee | 40 | $231,186 | $19,107 |
| Jason Bigham | Business Development Region Manager Highest-paid employee | 40 | $199,861 | $26,851 |
| Gary Henderson | President Trustee or director, Officer | 0 | $0 | $0 |
| Paul Reade | Vice President Trustee or director, Officer | 0 | $0 | $0 |
| Lane Lanford | Treasurer Trustee or director, Officer | 0 | $0 | $0 |
| Alan Talkington | Secretary Trustee or director, Officer | 0 | $0 | $0 |
| Carl Condon | Director Trustee or director | 0 | $0 | $0 |
| Deepesh Kholwadwala | Director Trustee or director | 0 | $0 | $0 |
| Roland Love | Director Trustee or director | 0 | $0 | $0 |
| Julia Sheldon | Director Trustee or director | 0 | $0 | $0 |
| J Hampton Skelton | Director Trustee or director | 0 | $0 | $0 |
| Bill Young | Director Trustee or director | 0 | $0 | $0 |
| Laurie Roach | Director Trustee or director | 0 | $0 | $0 |
| Greg Garner | Director Trustee or director | 0 | $0 | $0 |
| Garrett Morgan | Director Trustee or director | 0 | $0 | $0 |
| John Jenkins | Director Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4330 GAINES RANCH LOOP S220, AUSTIN, TX 78735-6733
- Principal officer (990 for 2024)
- Thomas J Braasch, 4330 Gaines Ranch Loop, S220, Austin, TX 78735
- Signed the 990
- Thomas J Braasch, Executive Director
- Phone
- (512) 615-0365
- Website
- www.capitalcdc.com
Mission
To promote economic development by facilitating 504 loans and other programs for small businesses within Texas, New Mexico and Arkansas.
Program accomplishments
- 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.Expenses $7,400,700 · revenue $10,709,480
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 74-2670381
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $14,538,426
- Income (IRS master file)
- $9,988,366
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $11,066,004 | $8,813,843 | $16,742,983 | XML |
| 990 | September 2024 | $9,988,366 | $7,733,953 | $14,538,426 | XML |
| 990 | September 2023 | $8,615,049 | $7,237,459 | $12,256,539 | XML |
| 990 | September 2022 | $7,851,539 | $6,806,990 | $10,331,482 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 74-2670381).
Questions about CAPITAL CERTIFIED DEVELOPMENT CORPORATION
- What is the EIN of CAPITAL CERTIFIED DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CAPITAL CERTIFIED DEVELOPMENT CORPORATION is 74-2670381.
- Is CAPITAL CERTIFIED DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to CAPITAL CERTIFIED DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAPITAL CERTIFIED DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAPITAL CERTIFIED DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPITAL CERTIFIED DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of CAPITAL CERTIFIED DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 names Thomas J Braasch.
- Who are the officers and directors of CAPITAL CERTIFIED DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 lists 19 people; 6 received compensation from the organization, the highest $433,415 (Thomas Braasch, Executive Director).
- How much revenue does CAPITAL CERTIFIED DEVELOPMENT CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $11,066,004, expenses of $8,813,843 and total assets of $16,742,983 at year end.
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