EIN 94-2461685

Valley Small Business Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Year formed
1977
Most recent tax filings
2022-06-01
Description
Valley Small Business Development Corporation provides capital, management assistance, loan services, personnel, and business education to small business entrepreneurs in economically disadvantaged areas. It stimulates economic development by making capital available to underprivileged small business entrepreneurs and has thus stimulated employment and development in targeted areas all over the State California.
Total revenues
$2,277,955
2022
Total expenses
$1,558,868
2022
Total assets
$20,013,604
2022
Num. employees
12
2022

Program areas at Valley Small Business Development Corporation

Made capital available to underprivileged small business entrepreneurs and has thus stimulated employment and development in targeted areas all over the State California.

Who funds Valley Small Business Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
MUFG Union Bank FoundationCharitable$10,000
Umpqua Bank Charitable FoundationDeveloping Lending Strategies for Covid-19 Economi$5,000
Federal funding details
Federal agencyProgram nameAmount
Department of Agriculture90% LOAN GUATANTEE PROGRAM$4,212,701
Department of AgricultureINTERMEDIARY RELENDING PROGRAM$1,800,717
Department of AgricultureRURAL MICROENTREPRENEUR ASSISTANCE PROGRAM$416,974
...and 3 more federal grants / contracts

Personnel at Valley Small Business Development Corporation

NameTitleCompensation
Debbie RavenChief Executive Officer$160,400
Debra RavenPresident and Chief Executive Officer
Greg HaneyChief Financial Officer$51,144
Elisa HuberVice President - Ag Lending / Agricultural Loan Officer
Timothy RodriguezManaging Director of Direct Loan Programs / Chairperson$0
...and 7 more key personnel

Financials for Valley Small Business Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,036,697
Program services$1,241,258
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,277,955

Form 990s for Valley Small Business Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2020-062021-05-20990View PDF
2019-062020-08-21990View PDF
2018-062019-08-17990View PDF
2017-062018-01-19990View PDF
...and 7 more Form 990s

Organizations like Valley Small Business Development Corporation

OrganizationLocationRevenue
BCL of TexasAustin, TX$6,954,395
Northern Shores Community DevelopmentHarbor Springs, MI$743,057
Carolina Small Business Development FundRaleigh, NC$7,982,393
Aspermont Small Business Development CenterAspermont, TX$3,182,716
Native American Development CorporationBillings, MT$5,770,439
Southland Economic Development CorporationSanta Ana, CA$3,204,542
Allentown Economic Development CorporationAllentown, PA$1,731,246
Small Business Assistance CorporationSavannah, GA$1,539,306
Houston Business DevelopmentHouston, TX$3,620,643
Western Colorado Business Development CorporationGrand Junction, CO$2,689,196
Data update history
May 9, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from MUFG Union Bank Foundation
April 1, 2023
Updated personnel
Identified 1 new personnel
April 1, 2023
Used new vendors
Identified 1 new vendor, including
February 13, 2022
Updated personnel
Identified 1 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
7035 North Fruit Ave
Fresno, CA 93711
Metro area
Fresno, CA
County
Fresno County, CA
Website URL
vsbdc.com/ 
Phone
(559) 438-9680
IRS details
EIN
94-2461685
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Valley Small Business Development Corporation has new information, or want to find more organizations like Valley Small Business Development Corporation?

Create free Cause IQ account