Skip to main content

Nonprofit · EIN 74-3111258

CALIFORNIA FINANCE CONSORTIUM

Tax-exempt · CHICO, CA 95973

Financials

$6K$725K2023$306K$312K2024
Revenue Expenses · by fiscal year end
Financials of CALIFORNIA FINANCE CONSORTIUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$305,993$312,148-$6,155$1,435,524$700$1,434,824
June 30, 2024990$6,246$724,706-$718,460$1,741,979$301,000$1,440,979
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$300,000
Program service revenue
$5,993
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$300,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,000
Program services (functional)
$307,098
Management and general (functional)
$5,050

Balance sheet and other

Total assets, start of year
$1,741,979
Total assets, end of year
$1,435,524
Total liabilities, end of year
$700
Net assets, end of year
$1,434,824
Net assets without donor restrictions
$743,246
Net assets with donor restrictions
$691,578
Gross receipts
$305,993
Employees
0
Volunteers
0
Year formed
2014
State of legal domicile
CA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Brynda StranixPresident
Trustee or director
1$0
Ross WelchVice President
Trustee or director
1$0
Patty HessSecretary/Treasurer
Trustee or director
1$0
Ryan RichardsonDirector
Trustee or director
1$0
Joanna WilliamsFinance Officer
Officer
10$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
Brynda StranixPresident
Trustee or director
1$0
Ross WelchVice President
Trustee or director
1$0
Patty HessSecretary/Treasurer
Trustee or director
1$0
Ryan RichardsonDirector
Trustee or director
1$0
Joanna WilliamsFinance Officer
Officer
10$0

Address and contacts

Address (IRS master file)
2515 CEANOTHUS AVE STE 105, CHICO, CA 95973-7720
In care of
% MARC NEMANIC
Mailing address (990-N for 2014)
3120 Cohasset Road No 1, Chico CA 95973
Principal officer (990 for 2024)
Brynda Stranix, 2515 Ceanothus Avenue 105, Chico, CA 95973
Principal officer (990-N for 2014)
Marc Nemanic, 3120 Cohasset Road No 1, Chico CA 95973
Signed the 990
Brynda Stranix, Board President
Phone
(530) 893-8732
Return prepared by
West Davis & Company LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 74-3111258 or by the name CALIFORNIA FINANCE CONSORTIUM.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The California Finance Consortium provides loss protection and capital support to its member lenders in the form of loan guarantees and loan participations.

990 for the year ended June 30, 2025

Program accomplishments

  • The California Finance Consortium (CFC) is made up of its member lenders: 3CORE, Arcata Economic Development Corporation, Superior California Economic Development, and Yuba-Sutter Economic Development Corporation. Consistent with their economic development mission, CFC helps member lenders deliver well- structured and reasonably priced capital to healthy, growing, small businesses in underserved areas. This is accomplished by purchasing a participation share in and assuming equal risk for loans underwritten and approved by member lenders. The CFC also offers loan guarantees as an additional credit enhancement for member lenders.
    Expenses $307,098 · grants $300,000 · revenue $5,993

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
74-3111258
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
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C30)
Assets (IRS master file)
$1,435,524
Income (IRS master file)
$305,993

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$305,993$312,148$1,435,524XML
990June 2024$6,246$724,706$1,741,979XML
990June 2023$6,593$19,101$2,160,239IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2014
Officer: Marc Nemanic
June 30, 2015≤ $50,000 receipts––e-Postcard

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 74-3111258).

Questions about CALIFORNIA FINANCE CONSORTIUM

What is the EIN of CALIFORNIA FINANCE CONSORTIUM?
The employer identification number (EIN) of CALIFORNIA FINANCE CONSORTIUM is 74-3111258.
Is CALIFORNIA FINANCE CONSORTIUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to CALIFORNIA FINANCE CONSORTIUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CALIFORNIA FINANCE CONSORTIUM 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 CALIFORNIA FINANCE CONSORTIUM 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 CALIFORNIA FINANCE CONSORTIUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CALIFORNIA FINANCE CONSORTIUM?
The 990 for the year ended June 30, 2025 names Brynda Stranix.
Who are the officers and directors of CALIFORNIA FINANCE CONSORTIUM?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does CALIFORNIA FINANCE CONSORTIUM have?
On its 990 for the year ended June 30, 2025 it reported revenue of $305,993, expenses of $312,148 and total assets of $1,435,524 at year end.

Other nonprofits in CHICO

All nonprofits in CHICO · California · Environment