Small Business Development Corporation
TO PROVIDE FINANCIAL ASSISTANCE TO SMALL BUSINESSES. THE ORGANIZATION IS PRIMARILY INVOLVED IN ECONOMIC DEVELOPMENT LENDING ACTIVITIES PROVIDING STATE LOAN GUARANTEES TO BANK AND NON-BANK LENDERS THROUGH THE STATE LOAN GUARANTEE PROGRAM AND OTHER DIRECT CAPITAL ACCESS TO ECONOMICALLY DISADVANTAGED BUSINESSES THROUGHOUT CALIFORNIA. THIS ULTIMATELY STRENGTHENS THE LOCAL BUSINESS ECONOMY BY CREATING AND RETAINING JOBS.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.9M
+10.0% YoY
Annual Giving
$5K
Grant Count
1
Avg Grant Size
$5K
About Small Business Development Corporation
Based on IRS filings
Small Business Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in RIVERSIDE, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.9M in total assets. In 2025, it awarded 1 grants totaling $5K. Net investment income was $72K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,901,420 | $5,366,878 | $4,981,581 |
| Revenue | $2,987,062 | $2,445,434 | $1,947,192 |
| Expenses | $2,441,758 | $2,105,387 | $1,675,516 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $71,699 | $47,770 | $36,916 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include La Sierra University ($5,168).
| Recipient | Purpose | Amount |
|---|---|---|
| LA SIERRA UNIVERSITY RIVERSIDE, CA | GRANT FOR ZAPARA SCHOOL OF BUSINESS | $5,168 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL OCASIO | CEO | 40 | $393,510 |
| LARRY TRUJILLO | SECRETARY | 2 | — |
| PABLO OCASIO | VICE CHAIRMAN | 2 | — |
| THANH PHAM | CHAIRMAN | 2 | — |
| CASSAUNDRA JOHNSON | TREASURER | 2 | — |
| MICHAEL KARR | DIRECTOR | 1 | — |
| GIL KEINAN | DIRECTOR | 1 | — |
| ERIC BELL | DIRECTOR | 1 | — |
| JOHNNY THOMAS | DIRECTOR | 1 | — |
| CATHERINE NGUYEN | DIRECTOR | 1 | — |
| CARRIE MILLER | CHIEF FINANCIAL OFFICER | 40 | $204,685 |
| JIM ELY | PRESIDENT | 40 | $311,548 |
| NESTOR CORREA | SR VICE PRES COMMERCIAL LE | 40 | $257,617 |
| RICHARD LEE | SR VICE PRES COMMERCIAL LE | 40 | $238,433 |
| MARIA LOPEZ | CHIEF OPERATION OFFICER | 40 | $143,668 |
| EDDIE NEVAREZ | CREDIT ANALYST | 40 | $101,792 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Small Business Development Corporation?
Small Business Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in RIVERSIDE, CA. It holds $5.9M in total assets as of 2025.
How large is Small Business Development Corporation?
As of 2025, Small Business Development Corporation holds $5.9M in total assets with $3.0M in annual revenue. It awarded 1 grants totaling $5K in 2025.
Where does Small Business Development Corporation operate?
Small Business Development Corporation has awarded grants in California.
What size grants does Small Business Development Corporation award?
In 2025, Small Business Development Corporation awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is Small Business Development Corporation's EIN?
Small Business Development Corporation's EIN (Employer Identification Number) is 91-2154838. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Small Business Development Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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