2024-08-09T17:00:10-07:00 2023-12-31 330381007 Kho & Patel 160 E Arrow Highway San Dimas CA 91773 990 2023-01-01 753192344 Ampac Tri-State CDC Inc AMPA 9099151706 3110-B Inland Empire Ontario CA 91764 Hilda Kennedy Executive Director 2024-08-09 true true Harold Diep CPA P00288915 9099711000 2023 2024-08-08 14:25:15Z Hilda Kennedy 3110-B Inland Empire Ontario CA 91764 6017426 false X www.ampac.com X 2005 CA The organization's mission is to finance the growth of small businesses, promote economic development,job creation, and advocate for businesses utilizing small business administration resources. 10 10 36 0 1891398 2514451 3051658 3502975 0 0 4943056 6017426 0 0 2953949 3761625 0 0 1901457 2273426 4855406 6035051 87650 -17625 17135051 17937924 9495105 11830719 7639946 6107205 The organization's mission is to finance the growth of small businesses, promote economic development, job creation, and advocate for businesses utilizing small business administration resources. false false 4807013 2514451 3479183 The organization services small businesses within the State of California through the U.S. Small Business Administration's (SBA) Certified Development Company(Section 504) Program. The objective of the organization is to devote its resources to programs designed to stimulate economic development and growth in the urban, rural, and other disadvantaged persons and groups, in an attempt to provide working capital and other assistance,to enhance, stimulate entrepreneurial and employment opportunities. Additionally, organization provides assistance to potential California Businesses in the loan application process through its capacity to package, process, close, and service federal and state sponsored loan programs. 71045 23792 The SBA Faith based small business summit is an annual conference that the organization hosts in partnership with the small business administration Santa Ana's District Office. Its objective is to connect faith and business, provide relevant workshops and programs that can serve both sectors for the benefit of the community and economic empowerment. 4878058 true true false false false false false false false false true true false true true false true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 412 0 true 36 true false false false false false false false 0 false false false false false false false X 10 10 true false false false false false false true true false false true true true false true false true true false CA X Hilda Kennedy 9099151706 3110-B Inland Empire Ontario CA 91764 Hilda Kennedy Executive Dir. 40.00 0.00 X X 308424 0 0 Janise Graham Director 2.00 0.00 X 0 0 0 Thomas Galindo Director 2.00 0.00 X 0 0 0 Sharon Takaha Secretary 3.00 0.00 X 0 0 0 Aaron Bratton Board Member 1.00 0.00 X 0 0 0 Paul Leon Director 1.00 0.00 X 0 0 0 Moses Harris Director 2.00 0.00 X 0 0 0 Kristen Hakes Director 3.00 0.00 X 0 0 0 Omar Morel Director 3.00 0.00 X 0 0 0 Wanda Jones Board Member 1.00 0.00 X 0 0 0 308424 1 false true false 0 2514451 2514451 Event Income 23792 23792 Interest Income 859698 859698 Other Income 354921 354921 Processing Fees 760349 760349 Servicing Fees 1504215 1504215 3502975 0 0 0 0 0 0 0 0 0 6017426 3502975 0 0 0 0 308424 251579 56845 0 2797216 2281668 515548 0 415795 339161 76634 240190 195921 44269 0 0 0 0 0 0 0 68708 53408 15300 109880 47001 62879 0 0 0 0 0 0 159851 159851 0 16101 16101 41560 41560 Allowances for loan losses 503577 503577 Professional Fees 338626 301126 37500 Processing Expenses 241468 236639 4829 Lease Expense 209557 16991 192566 584098 491136 92962 6035051 4878058 1156993 0 3667952 4549068 0 0 244318 312889 0 0 8286726 7649937 0 60305 70987 88836 34437 63514 54399 0 1386562 1300691 0 0 3425674 3999953 17135051 17937924 23124 378536 9219612 10923873 252369 528310 9495105 11830719 X 3628116 3245375 4011830 2861830 7639946 6107205 17135051 17937924 X -17625 -1515116 X false true X true false X 648285 1685077 5179505 1893032 2514451 11920350 1225626 2194494 4111699 2567970 2643277 12743066 0 0 0 1873911 3879571 9291204 4461002 5157728 24663416 0 0 24663416 318260 344279 385678 482054 859698 2389969 0 318260 344279 385678 482054 859698 2389969 0 0 2192171 4223850 9676882 4943056 6017426 27053385 0.91170 0.92670 0.08830 0.07330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17868 10141 7727 70968 24296 46672 54399 1300691 Cash designated for long-term use 3998308 Deposits and other assets 1645 3999953 Other liabilities 528310 528310 6017426 6017426 6017426 6035051 6035051 6035051 X X false false false true false false false false false Hilda Kennedy Executive Dir. 207864 100560 308424 Form 990, Part VI, Section A, Line 2 Board member is related by marriage to the President/Executive Director of the organization.Son of the Executive Director was employed by the Organization during 2021. Compensation was commensurate based on experience.Another board member son was employed by the Organization during 2021. Compensation was also commensurate based on experience.Sister in Law of Executive Director was employed by the Organization during 2021. Compensation was commensurate based on experience.Nephew of Executive Director was employed by the Organization. Compensation was commensurate based on experience. Form 990, Part VI, Section B, Line 11b The Executive Director reviews the Form 990 and then forwards a coy of the Board of Directors for approval. Once approved by the Board of Directors the Form 990 is filed with the Internal Revenue Service. The annual financial statements are reviewed in detail by the Board of Directors. Form 990, Part VI, Section B, Line 15a The governing board reviews and approves the compensation of the Executive Director. Form 990, Part VI, Section B, Line 15b The governing board reviews and approves the compensation of the officers and key employees. The board approves the budget for all personnel. Form 990, Part VI, Section C, Line 19 The organization makes the governing documents, Financial Statements, and Form 990 available upon request during normal business hours. Form 990, Part XI, Line 9 Cummulative effect on CECL = -$365116 Form 990, Part XI, Line 9 Net assets with donor restrictions = -$1150000 BHBELJ 3110 B LLC 3110 Inland Empire Blvd Ste B Ontario CA 91764 853578732 Rental CA N/A -102369 2145400 false 1918488 false 0.85000 false false false false false false false false false false false false false false false false false false false