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California Coastal Rural Development Corporation

Public charityFed auditsIRS 990
DBA: % YPP
Community Development · SALINAS, CA · EIN 94-0276025

About

California coastal rural development corporation is dedicated to providing financial assistance to small businesses for the purpose of creating employment and economic development. We provide FARM loans and loan guarantees to businesses that have the ability to repay, but are unable to secure funds at a reasonable rate from commercial credit institutions.

In care of YPP

Donations are tax-deductible
Category
Community Development
Employees
15
Volunteers
24

Financial Snapshot

FY ending 2024-06-30
Revenue
$6.8M
Expenses
$3.4M
Assets
$20.3M
Liabilities
$7.9M

Financial history

$6.8M$3.4M$0
1718192021222324
RevenueExpenses
Latest FY2024: $6.8M · Avg: $4.7M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

CALIFORNIA COASTAL RURAL DEVELOPMENT CORPORATION
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Address

132 W Gabilan ST
Salinas, CA, 93901-266

Governance

Voting board members11
Independent members11
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
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