Nonprofit · EIN 85-3085043
CRESER CAPITAL FUND
Tax-exempt · SAUSALITO, CA 94965
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,456,964 | $1,648,614 | -$191,650 | $1,295,161 | $4,284 | $1,290,877 |
| December 31, 2023 | 990 | $1,558,597 | $1,132,495 | $426,102 | $1,640,294 | $157,767 | $1,482,527 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,342,557
- of which government grants
- $909,110
- Program service revenue
- $26,007
- Investment income
- $86,499
- Other revenue
- $1,901
Expenses
- Grants and similar amounts paid
- $381,500
- Compensation of officers, directors and key employees
- $649,057
- Salaries, compensation and benefits (total)
- $680,317
- Professional fundraising fees
- $0
- Legal fees
- $44,176
- Accounting fees
- $57,875
- Occupancy
- $10,290
- Travel
- $50,094
- Depreciation
- $1,132
- Program services (functional)
- $1,079,362
- Management and general (functional)
- $259,102
- Fundraising (functional)
- $310,150
Balance sheet and other
- Total assets, start of year
- $1,640,294
- Total assets, end of year
- $1,295,161
- Total liabilities, end of year
- $4,284
- Net assets, end of year
- $1,290,877
- Land, buildings and equipment
- $4,357
- Net assets without donor restrictions
- $1,290,877
- Gross receipts
- $1,456,964
- Employees
- 2
- Year formed
- 2020
- State of legal domicile
- DE
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Mayra Mizrachi | President Trustee or director, Officer | 40 | $303,794 | $22,583 |
| Juan Hernandez | CEO Trustee or director, Officer | 40 | $303,794 | $18,885 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Mayra Mizrachi | President Trustee or director, Officer | 35 | $254,669 | $25,421 |
| Juan Hernandez | CEO Trustee or director, Officer | 35 | $254,668 | $18,140 |
Address and contacts
- Address (IRS master file)
- 180 HARBOR DRIVE, SAUSALITO, CA 94965-2844
- Mailing address (990-N for 2021)
- 195 San Carlos Avenue Apt 1, Sausalito CA 94965
- Principal officer (990 for 2024)
- Juan Hernandez, 180 Harbor Drive Suite 224, Sausalito, CA 94965
- Principal officer (990-N for 2021)
- Mayra Mizrachi, 195 San Carlos Avenue Apt 1, Sausalito CA 94965
- Signed the 990
- Mayra Mizrachi, President
- Phone
- (415) 421-7555
- Website
- www.cresercapital.org
- Return prepared by
- Fontanello Duffield & Otake LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 85-3085043 or by the name CRESER CAPITAL FUND.
- 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
CRESER Capital Fund will accelerate access to capital and unlock the Latino economic growth engine's force to promote the development and advancement of Latino businesses to power the next generation's future.
Program accomplishments
- Program-Related Investments in Latino Small Business in Sonoma County and educational financial planning and management services to Latino smallbusinesses in Sonoma County.Expenses $1,079,362 · grants $381,500 · revenue $26,007
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3085043
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $1,295,161
- Income (IRS master file)
- $1,456,964
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,456,964 | $1,648,614 | $1,295,161 | IRS |
| 990 | December 2023 | $1,558,597 | $1,132,495 | $1,640,294 | XML |
| 990 | December 2022 | $883,038 | $684,811 | $1,061,712 | IRS |
| 990-N for 2021 Officer: Mayra Mizrachi | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2021 | – | – | – | 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 85-3085043).
Questions about CRESER CAPITAL FUND
- What is the EIN of CRESER CAPITAL FUND?
- The employer identification number (EIN) of CRESER CAPITAL FUND is 85-3085043.
- Is CRESER CAPITAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to CRESER CAPITAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CRESER CAPITAL FUND 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 CRESER CAPITAL FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CRESER CAPITAL FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CRESER CAPITAL FUND?
- The 990 for the year ended December 31, 2024 names Juan Hernandez.
- Who are the officers and directors of CRESER CAPITAL FUND?
- The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $303,794 (Mayra Mizrachi, President).
- How much revenue does CRESER CAPITAL FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,456,964, expenses of $1,648,614 and total assets of $1,295,161 at year end.
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All nonprofits in SAUSALITO · California · Community improvement and capacity building