Mission
Our mission is to assist these enterprises to grow, thrive, and prosper enabling the overall economic development to our under served communities.
Public Charity
California Coastal Rural Development Cor
California Coastal Rural Development Cor, of Salinas, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.9M in revenue, $3.6M in expenses, $21.6M in total assets. 1 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.
EIN: 940276025
Salinas, CA
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$4.9M
Total Expenses$3.6M
Total Assets$21.6M
Grant Records1
Funding Total$25K
Filing Years2021–2025
Where $100 goes at California Coastal Rural Development Cor
How California Coastal Rural Development Cor divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$77
Programs
the work itself
$23
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $77 for programs
$42
Direct Loan Program
$29
Loan Guarantee Program
$4
Small Business Assistance
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
CHARITABLE DONATION
$25,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
Member
Cindy Merzon
Member
Clay Appleton
Member
Danny Braga
Chief Lender Officer
David Dickinson
SM Loan Officer
Erich Kortz
Controller
Fred Madison
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.9M | $3.6M | $21.6M |
| 2024 | $6.8M | $3.4M | $20.3M |
| 2023 | $5.0M | $3.5M | $18.6M |
| 2022 | $5.5M | $3.2M | $15.9M |
| 2021 | $4.2M | $3.0M | $13.1M |
Between 2021 and 2025, reported annual revenue grew from $4.2M to $4.9M (+15%), with total assets most recently reported at $21.6M.
Interactive year-over-year charts and full filing details available with membership.