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Nonprofit · EIN 77-0047947

SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION

Also known as SCEDCO

Tax-exempt · MODESTO, CA 95354

Financials

$804K$649K2022$1M$744K2023$867K$871K2024
Revenue Expenses · by fiscal year end
Financials of SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$866,560$870,899-$4,339$2,972,191$1,033,691$1,938,500
September 30, 2024990$1,002,158$743,619$258,539$2,816,404$873,565$1,942,839
September 30, 2023990 (amended)$803,770$648,763$155,007$2,670,814$986,515$1,684,299
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$847,072
Investment income
$19,488
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$142,982
Other salaries and wages
$378,514
Salaries, compensation and benefits (total)
$578,847
Professional fundraising fees
$0
Accounting fees
$37,003
Occupancy
$61,142
Travel
$10,969
Program services (functional)
$811,937
Management and general (functional)
$58,962

Balance sheet and other

Total assets, start of year
$2,816,404
Total assets, end of year
$2,972,191
Total liabilities, end of year
$1,033,691
Net assets, end of year
$1,938,500
Land, buildings and equipment
$16,565
Net assets without donor restrictions
$1,938,500
Gross receipts
$866,560
Employees
5
Volunteers
10
Year formed
1984
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARSHA CARRPresident & CEO
Trustee or director, Officer
40$170,538
PAUL CARUSOPAST CHAIRPERSO
Trustee or director, Officer
1$0
KURTIS CLARKBOARD MEMBER
Trustee or director
1$0
JANET L JENKINS2ND VICE CHAIR
Trustee or director, Officer
1$0
DANIEL GARCIA1ST VICE CHAIR
Trustee or director, Officer
1$0
WONDERLY CORREIABOARD MEMBER
Trustee or director
0$0
ELIZABETH JONESCHAIRPERSON
Trustee or director, Officer
1$0
MIKE RODRIGUESSecretary
Trustee or director, Officer
1$0
DENNIS WILSONTreasurer
Trustee or director, Officer
1$0
DIANE CORREIABOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
MARSHA CARRPresident & CEO
Trustee or director, Officer
40$173,198
PAUL CARUSOPAST CHAIRPERSO
Trustee or director, Officer
1$0
KURTIS CLARKBOARD MEMBER
Trustee or director
1$0
JANET L JENKINS2ND VICE CHAIR
Trustee or director, Officer
1$0
DANIEL GARCIA1ST VICE CHAIR
Trustee or director, Officer
1$0
WONDERLY CORREIABOARD MEMBER
Trustee or director
0$0
ELIZABETH JONESCHAIRPERSON
Trustee or director, Officer
1$0
MIKE RODRIGUESSecretary
Trustee or director, Officer
1$0
DENNIS WILSONTreasurer
Trustee or director, Officer
1$0
DIANE CORREIABOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensation
MARSHA CARRPresident & CEO
Trustee or director, Officer
40$164,218
PAUL CARUSOPAST CHAIRPERSO
Trustee or director, Officer
1$0
KURTIS CLARKExecutive Dir.
Trustee or director, Officer
1$0
JANET L JENKINSDirector
Trustee or director
1$0
DANIEL GARCIAVICE CHAIRPERSO
Trustee or director, Officer
1$0
ELIZABETH JONESCHAIRPERSON
Trustee or director, Officer
1$0
DICK MONTIETHDirector
Trustee or director, Officer
1$0
MIKE RODRIGUESSecretary
Trustee or director, Officer
1$0
DENNIS WILSONTreasurer
Trustee or director, Officer
1$0
ERIC TOBIASDirector
Trustee or director, Officer
1$0
DIANE CORREIADirector
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1301 L ST STE 4, MODESTO, CA 95354-0936
Signed the 990
MARSHA CARR, CEO
Phone
(209) 521-9372
Return prepared by
HAWKS & ASSOCIATES CPAS INC

California records

California keeps its own records of charities and corporations. Search them by EIN 77-0047947 or by the name SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION.

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

Mission

TO CREATE AND RETAIN JOBS IN CALIFORNIA BY PROVIDING LOANS TO SMALL BUSINESSES.

990 for the year ended September 30, 2025

Program accomplishments

  • SMALL BUSINESS LOAN PROGRAMS DESIGNED TO PROVIDE CAPITAL FOR BUSINESS DEVELOPMENT AND EXPANSION RESULTING IN EMPLOYMENT OPPORTUNITIES AND AREA ECONOMIC DEVELOPMENT TO RESIDENTS OF CALIFORNIA.
    Expenses $811,937

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 yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
77-0047947
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
1986
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,972,191
Income (IRS master file)
$866,560

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$866,560$870,899$2,972,191XML
990September 2024$1,002,158$743,619$2,816,404XML
990September 2023$803,770$648,763$2,670,814XML
990September 2022$973,986$756,161$2,493,619IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 77-0047947).

Questions about SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION

What is the EIN of SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION?
The employer identification number (EIN) of SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION is 77-0047947.
Is SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUCCESS CAPITAL EXPANSION & 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 SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SUCCESS CAPITAL EXPANSION & 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 are the officers and directors of SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $170,538 (MARSHA CARR, President & CEO).
How much revenue does SUCCESS CAPITAL EXPANSION & DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $866,560, expenses of $870,899 and total assets of $2,972,191 at year end.

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