Program areas at Working Solutions Cdfi
Working Solutions Cdfi ("Working Solutions or "the organization") is a California nonprofit corporation and a certified community development financial institution (Cdfi). Working Solutions is the first to believe in start-up and early-stage businesses by providing affordable capital, customized business consulting, and community connections to diverse entrepreneurs - with a focus on low-income individuals, entrepreneurs of color, and women - to increase economic opportunity in California. Working Solutions supports microenterprise growth to strengthen the local economy, create jobs, and build strong communities. Working Solutions provides the following services: (i) loans from $5,000 to $100,000; (ii) small business grants; (iii) free, one-on-one business consulting to help entrepreneurs navigate the challenges of owning a small business with a specific focus on financial management and risk mitigation; and (iv) referrals to free or low-cost industry experts for legal, accounting, marketing, and other types of specialized support.
Who funds Working Solutions Cdfi
Grants from foundations and other nonprofits
Personnel at Working Solutions Cdfi
Name | Title | Compensation | Date of data |
---|
Sara Razavi | Chief Executive Officer | $178,488 | 2025-02-18 |
Gasper Magallanes | Chief Financial Officer | $170,329 | 2025-02-24 |
Laura Hoover | Chief Development Officer | $168,109 | 2024-11-22 |
Titi Ikhile | Chief Program Officer | | 2024-11-22 |
Jenelle Ring | Human Resources Director | | 2024-11-22 |
...and 4 more key personnel |
Financials for Working Solutions Cdfi
Revenues | FYE 09/2024 | FYE 09/2023 | % Change |
---|
Total grants, contributions, etc. | $3,660,675 | $5,740,891 | -36.2% |
Program services | $1,338,471 | $942,774 | 42% |
Investment income and dividends | $154,926 | $922 | 16703.3% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $5,154,072 | $6,684,587 | -22.9% |
Organizations like Working Solutions Cdfi
Organization | Type | Location | Revenue |
---|
Common Capital | 501(c)(3) | Springfield, MA | $1,986,861 |
Grow South Dakota / Northeast South Dakota Economic Corporation | 501(c)(3) | Sisseton, SD | $1,710,583 |
Hartford Community Loan Fund | 501(c)(3) | Hartford, CT | $2,140,887 |
Rural Missouri Incorporated | 501(c)(3) | Jefferson City, MO | $3,116,015 |
Community Loan Fund of the Capital Region | 501(c)(3) | Albany, NY | $2,816,861 |
Woodland Financial Partners | 501(c)(3) | Keshena, WI | $2,731,167 |
Piedmont Business Capital | 501(c)(3) | Greensboro, NC | $2,396,117 |
Sabre Finance | 501(c)(3) | Birmingham, AL | $1,669,572 |
Seattle Economic Development Fund Business Impact NW | 501(c)(3) | Tukwila, WA | $6,779,426 |
Cape and Islands Community Community Development | 501(c)(3) | Centerville, MA | $1,517,571 |
Data update history
October 4, 2024
Updated personnel
Identified 3 new personnel
June 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Business and community development organizationsCharities
Issues
Human servicesCommunity improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 870 Market St 677
- San Francisco, CA 94102
- Metro area
- San Francisco-Oakland-Berkeley, CA
- County
- San Francisco County, CA
- Website URL
- workingsolutions.org/Â
- Phone
- (415) 780-1217
IRS details
- EIN
- 91-1951777
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1999
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current
- FTB status revoked
- Not revoked
- AG Registration Number
- 110834
- FTB Entity ID
- 2074597
- AB 488 data last updated ("as-of") date
- 2025-03-19
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