Nonprofit · EIN 94-0276025
CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION
Tax-exempt · SALINAS, CA 93901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,857,769 | $3,639,496 | $1,218,273 | $21,596,032 | $7,960,643 | $13,635,389 |
| June 30, 2024 | 990 | $6,796,425 | $3,360,039 | $3,436,386 | $20,315,819 | $7,898,703 | $12,417,116 |
| June 30, 2023 | 990 | $5,011,409 | $3,514,702 | $1,496,707 | $18,558,574 | $9,577,844 | $8,980,730 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $768,341
- of which government grants
- $476,000
- Program service revenue
- $4,097,005
- Investment income
- $0
- Net rental income
- -$7,577
- Other revenue
- -$7,577
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $336,479
- Other salaries and wages
- $1,081,240
- Salaries, compensation and benefits (total)
- $1,719,592
- Professional fundraising fees
- $0
- Occupancy
- $188,829
- Depreciation
- $17,445
- Program services (functional)
- $2,574,919
- Management and general (functional)
- $1,064,577
Balance sheet and other
- Total assets, start of year
- $20,315,819
- Total assets, end of year
- $21,596,032
- Total liabilities, end of year
- $7,960,643
- Net assets, end of year
- $13,635,389
- Land, buildings and equipment
- $1,450,967
- Net assets without donor restrictions
- $12,377,052
- Net assets with donor restrictions
- $1,258,337
- Gross unrelated business income
- -$7,577
- Gross receipts
- $4,921,147
- Employees
- 12
- Volunteers
- 24
- Year formed
- 1982
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lee Takikawa | President Trustee or director, Officer | 40 | $246,753 | $30,961 |
| Fred Madison | Controller Highest-paid employee | 40 | $119,070 | $41,856 |
| David Dickinson | Chief Lender Officer Highest-paid employee | 40 | $120,272 | $31,578 |
| Erich Kortz | SM Loan Officer Highest-paid employee | 40 | $110,220 | $25,571 |
| Roy Robbins | Chairman & CFO Trustee or director, Officer | 2.5 | $6,700 | $0 |
| Clay Appleton | Member Trustee or director | 2.5 | $6,700 | $0 |
| Ted CagatVice Chair | Secretary/Treasurer Trustee or director, Officer | 2.5 | $3,100 | $0 |
| Louie Valenzuela | Member Trustee or director | 2.5 | $3,100 | $0 |
| Danny Braga | Member Trustee or director | 2.5 | $3,000 | $0 |
| Cindy Merzon | Member Trustee or director | 2.5 | $2,300 | $0 |
| Juan Batista | Member Trustee or director | 2.5 | $2,100 | $0 |
| Maeda Palius | Member Trustee or director | 2.5 | $1,800 | $0 |
| Sebastian Guillen | Member Trustee or director | 2.5 | $800 | $0 |
| John Moskal | Member Trustee or director | 2.5 | $0 | $0 |
| Jeff Rawlings | Member (Through 4/2025) Trustee or director | 2.5 | $0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEE TAKIKAWA | PRESIDENT Trustee or director, Officer | 40 | $238,333 | $29,774 |
| DAVID DICKINSON | CHIEF LENDER OFFICER Highest-paid employee | 40 | $119,840 | $44,452 |
| FRED MADISON | CONTROLLER Highest-paid employee | 40 | $119,840 | $41,307 |
| ERICH KORTZ | SM LOAN OFFICER Highest-paid employee | 40 | $108,500 | $25,912 |
| LOREE VAN BEBBER | MEMBER/MARKETING MANAGER Highest-paid employee | 40 | $100,117 | $22,613 |
| ROY ROBBINS | CHAIRMAN & CFO Trustee or director, Officer | 2.5 | $4,600 | $0 |
| JEFF RAWLINGS | MEMBER Trustee or director | 2.5 | $2,200 | $0 |
| DANNY BRAGA | MEMBER Trustee or director | 2.5 | $2,100 | $0 |
| LOUIE VALENZUELA | MEMBER Trustee or director | 2.5 | $2,100 | $0 |
| JUAN BATISTA | MEMBER Trustee or director | 2.5 | $2,100 | $0 |
| CLAY APPLETON | MEMBER Trustee or director | 2.5 | $2,100 | $0 |
| TED CAGAT | VICE CHAIR & DIRECTOR Trustee or director, Officer | 2.5 | $1,900 | $0 |
| MAEDA PALIUS | MEMBER Trustee or director | 2.5 | $1,700 | $0 |
| CINDY MERZON | DIRECTOR Trustee or director | 2.5 | $1,100 | $0 |
| SEBASTIAN GUILLEN | MEMBER Trustee or director | 2.5 | $800 | $0 |
| JOHN MOSKAL | MEMBER Trustee or director | 2.5 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEE TAKIKAWA | PRESIDENT Trustee or director, Officer | 40 | $187,400 | $23,947 |
| DAVID DICKINSON | CHIEF LENDER OFFICER Highest-paid employee | 40 | $110,369 | $35,219 |
| FRED MADISON | CONTROLLER Highest-paid employee | 40 | $107,542 | $33,037 |
| CINDY MERZON | SBDC DIRECTOR Highest-paid employee | 40 | $107,291 | $22,307 |
| ROY ROBBINS | CHAIRMAN & CFO Trustee or director, Officer | 10 | $5,400 | $0 |
| CLAY APPLETON | MEMBER Trustee or director | 2.5 | $4,000 | $0 |
| LOUIE VALENZUELA | MEMBER Trustee or director | 2.5 | $2,450 | $0 |
| JEFF RAWLINGS | MEMBER Trustee or director | 2.5 | $2,200 | $0 |
| DANNY BRAGA | MEMBER Trustee or director | 2.5 | $2,000 | $0 |
| TED CAGAT | VICE CHAIR & SECRETARY Trustee or director, Officer | 2.5 | $1,900 | $0 |
| JUAN BATISTA | MEMBER Trustee or director | 10 | $1,900 | $0 |
| MAEDA PALIUS | MEMBER Trustee or director | 2.5 | $1,200 | $0 |
| SEBASTIAN GUILLEN | MEMBER Trustee or director | 2.5 | $200 | $0 |
| JOHN MOSKAL | MEMBER Trustee or director | 2.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 132 W GABILAN ST, SALINAS, CA 93901-2660
- In care of
- % YPP
- Principal officer (990 for 2024)
- Lee Takikawa, 132 W Gabilan St, Salinas, CA 93901
- Signed the 990
- LEE TAKIKAWA, President
- Phone
- (831) 424-1099
- Website
- WWW.CALCOASTAL.ORG
- Return prepared by
- Eide Bailly LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-0276025 or by the name CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION.
- 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
Our mission is to assist these enterprises to grow, thrive, and prosper enabling the overall economic development to our under served communities.
Program accomplishments
- Loan Guarantee Program - Provides loan guarantees to encourage lenders to make loans to marginal credit businesses and farmers.Expenses $978,469 · revenue $1,556,862
- Direct Loan Program - Make direct loans to small farm operators utilizing USA Farm Services Agency loan guarantees.Expenses $1,416,206 · revenue $2,253,353
- Intermediate Relending Program - Provides relending to small businesses that manufacture or provide services in small cities.Expenses $51,498 · revenue $81,940
- Small Business Assistance - Provides lending and technical assistance to small businesses through the U.S. Small Business Administration microlending program. NAD Bank Program makes direct loans to commercial enterprises located in areas impacted by the North American Free Trade Agreement utilizing U.S.D.A.'s Business and Industry Loan Guarantee program.Expenses $128,746 · revenue $204,850
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 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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 94-0276025
- 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
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $21,596,032
- Income (IRS master file)
- $4,921,147
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,857,769 | $3,639,496 | $21,596,032 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $6,796,425 | $3,360,039 | $20,315,819 | XML |
| 990 | June 2023 | $5,011,409 | $3,514,702 | $18,558,574 | XML |
| 990 | June 2022 | $5,534,051 | $3,186,047 | $15,880,769 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | 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 94-0276025).
Questions about CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION
- What is the EIN of CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION is 94-0276025.
- Is CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CALIFORNIA COASTAL RURAL 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 CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION 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 COASTAL RURAL DEVELOPMENT CORPORATION 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 COASTAL RURAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Lee Takikawa.
- Who are the officers and directors of CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 15 people; 13 received compensation from the organization, the highest $246,753 (Lee Takikawa, President).
- How much revenue does CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,857,769, expenses of $3,639,496 and total assets of $21,596,032 at year end.
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