Nonprofit · EIN 94-2461685
VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION
Tax-exempt · FRESNO, CA 93711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,074,276 | $1,970,658 | $103,618 | $22,888,649 | $15,977,489 | $6,911,160 |
| June 30, 2024 | 990 | $2,152,498 | $1,853,499 | $298,999 | $23,413,237 | $16,605,695 | $6,807,542 |
| June 30, 2023 | 990 | $3,097,036 | $1,608,935 | $1,488,101 | $19,113,461 | $12,604,918 | $6,508,543 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $383,412
- of which government grants
- $137,412
- Program service revenue
- $1,698,722
- Investment income
- $0
- Other revenue
- -$7,858
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $208,680
- Other salaries and wages
- $467,547
- Salaries, compensation and benefits (total)
- $758,757
- Professional fundraising fees
- $0
- Occupancy
- $48,104
- Travel
- $8,240
- Program services (functional)
- $1,433,382
- Management and general (functional)
- $534,535
- Fundraising (functional)
- $2,741
Balance sheet and other
- Total assets, start of year
- $23,413,237
- Total assets, end of year
- $22,888,649
- Total liabilities, end of year
- $15,977,489
- Net assets, end of year
- $6,911,160
- Land, buildings and equipment
- $885,195
- Net assets without donor restrictions
- $6,911,160
- Gross receipts
- $2,074,276
- Employees
- 7
- Year formed
- 1977
- 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 |
|---|---|---|---|---|
| Debbie Raven | CEO Trustee or director, Officer | 40 | $180,392 | $28,288 |
| Oscar Espinoza | Treasurer Trustee or director | 2 | $0 | $0 |
| Robert Poythress | Director Trustee or director | 2 | $0 | $0 |
| Antonio Avalos | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Ali Nekumanesh | Director Trustee or director | 2 | $0 | $0 |
| Julia Picher | Director Trustee or director, Officer | 2 | $0 | $0 |
| Ken Herron | Vice Chairman Trustee or director | 2 | $0 | $0 |
| Kee Xiong | Director Trustee or director | 2 | $0 | $0 |
| Frank Gallegos | Director Trustee or director, Officer | 2 | $0 | $0 |
| Susan Woesner | Secretary Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Debbie Raven | CEO Trustee or director, Officer | 40 | $145,392 | $29,736 |
| Oscar Espinoza | Treasurer Trustee or director | 2 | $0 | $0 |
| Robert Poythress | Director Trustee or director | 2 | $0 | $0 |
| Antonio Avalos | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Ali Nekumanesh | Director Trustee or director | 2 | $0 | $0 |
| Julia Picher | Director Trustee or director, Officer | 2 | $0 | $0 |
| Ken Herron | Director Trustee or director | 2 | $0 | $0 |
| Frank Gallegos | Director Trustee or director, Officer | 2 | $0 | $0 |
| Susan Woesner | Secretary Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Debbie Raven | CEO Trustee or director, Officer | 40 | $145,400 | $29,276 |
| Oscar Espinoza | Treasurer Trustee or director | 2 | $0 | $0 |
| Robert Poythress | Director Trustee or director | 2 | $0 | $0 |
| Antonio Avalos | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Ali Nekumanesh | Director Trustee or director | 2 | $0 | $0 |
| Julia Picher | Director Trustee or director, Officer | 2 | $0 | $0 |
| Ken Herron | Director Trustee or director | 2 | $0 | $0 |
| Kee Xiong | Chairperson Trustee or director, Officer | 2 | $0 | $0 |
| Susan Woesner | Director Trustee or director | 2 | $0 | $0 |
| Dorothy Thomas | Secretary Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7035 N FRUIT AVE, FRESNO, CA 93711-0761
- Principal officer (990 for 2024)
- Debbie Raven, 7035 North Fruit Avenue, Fresno, CA 93711
- Signed the 990
- Debbie Raven, CEO
- Phone
- (559) 438-9680
- Website
- WWW.VSBDC.COM
- Return prepared by
- Henderson CPAs
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2461685 or by the name VALLEY SMALL BUSINESS 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
Providing capital, management assistance and other financial resources, including loan services, personnel, and business education to small business entrepreneurs in economically disadvantaged areas, and thereby stimulating economic development.
Program accomplishments
- Made capital available to underprivileged small business entrepreneurs and has thus stimulated employment and development in targeted areas all over the State of California.Expenses $1,433,382
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
- 94-2461685
- 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
- 1978
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43Z)
- Assets (IRS master file)
- $22,888,649
- Income (IRS master file)
- $2,074,276
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,074,276 | $1,970,658 | $22,888,649 | XML |
| 990 | June 2024 | $2,152,498 | $1,853,499 | $23,413,237 | IRS |
| 990 | June 2023 | $3,097,036 | $1,608,935 | $19,113,461 | XML |
| 990 | June 2022 | $2,277,955 | $1,558,868 | $20,013,604 | 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 94-2461685).
Questions about VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION
- What is the EIN of VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION is 94-2461685.
- Is VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY SMALL BUSINESS 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 VALLEY SMALL BUSINESS 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 VALLEY SMALL BUSINESS 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 VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Debbie Raven.
- Who are the officers and directors of VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $180,392 (Debbie Raven, CEO).
- How much revenue does VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,074,276, expenses of $1,970,658 and total assets of $22,888,649 at year end.
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All nonprofits in FRESNO · California · Community improvement and capacity building