The Mortgage Capital Development
AS A CERTIFIED DEVELOPMENT COMPANY, THE ORGANIZATION'S PRIMARY PURPOSE IS TO ASSIST SMALL BUSINESSES AND INDIVIDUALS IN ACQUIRING SBA LOANS AND THEN TO MONITOR THOSE LOANS ON BEHALF OF THE SBA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.8M
+10.3% YoY
Annual Giving
$180K
Grant Count
2
Avg Grant Size
$90K
About The Mortgage Capital Development
Based on IRS filings
The Mortgage Capital Development is a nonprofit organization, based in OAKLAND, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.8M in total assets. In 2024, it awarded 2 grants totaling $180K. Net investment income was $239K.
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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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,782,264 | $22,477,678 | $21,214,459 |
| Revenue | $24,303,783 | $21,879,934 | $19,772,313 |
| Expenses | $23,926,074 | $21,499,419 | $19,341,008 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $239,250 | $147,073 | $203,478 |
| 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 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Open Grants
1 open opportunity from The Mortgage Capital Development
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA MORRISON | PRESIDENT/CEO | 40 | $1,068,277 |
| KELLY LAROCCA | VICE CHAIR/TREAS/SEC (THRU FEB) | 0.1 | $3,300 |
| DJ KURTZE | CHAIR/VICE CHAIR | 0.1 | $2,700 |
| SCOTT MANIVONG | CHAIR (THRU JAN) | 0.1 | $2,100 |
| THOMAS CHAVEZ | TREAS/SEC (AS OF FEB) | 0.1 | $1,800 |
| DANIEL FUJIMOTO | BOARD MEMBER | 0.1 | $3,000 |
| DAVE GRIFFIS | BOARD MEMBER (THRU JAN) | 0.1 | $2,135 |
| DAVID HOFMANN | BOARD MEMBER | 0.1 | $2,100 |
| ARTUR WASHINGTON | BOARD MEMBER | 0.1 | $1,800 |
| JENNIFER ELTINGE | BOARD MEMBER | 0.1 | $1,200 |
| JAMES CHEUNG | BOARD MEMBER | 0.1 | $1,200 |
| TED UPLAND | BOARD MEMBER (THRU JAN) | 0.1 | $1,200 |
| IAN MCDANIAL | BOARD MEMBER (THRU JAN) | 0.1 | $900 |
| STEVE POLLETT | BOARD MEMBER | 0.1 | $900 |
| KEITH MERKLINK | BOARD MEMBER | 0.1 | — |
| WILLIAM SOMMER | BOARD MEMBER | 0.1 | — |
| ANSIE TING | BOARD MEMBER | 0.1 | — |
| KURT CHAMBLISS | EXECUTIVE VP BUSINESS DEV. | 40 | $619,821 |
| MIKE VANECEK | CFO / CIO | 40 | $454,544 |
| GREGG MITCHELL | COO | 40 | $357,740 |
| DEAN ALOE | BUS. DEV. OFFICER | 40 | $664,738 |
| CHRIS BANE | BUS. DEV. OFFICER | 40 | $534,872 |
| GEOFFREY MCGIVERN | BUS. DEV. OFFICER | 40 | $503,212 |
| JENNIFER DAVIS | BUS. DEV. OFFICER | 40 | $367,463 |
| ARMEN MADATYAN | BUS. DEV. OFFICER | 40 | $321,500 |
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Mortgage Capital Development on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities