2026-06-24T11:10:56-05:00 2025-09-30 881478669 CBIZ ADVISORS LLC 22260 HAGGERTY RD SUITE 110 NORTHVILLE MI 48167 990 2024-10-01 382391435 OAKLAND COUNTY BUSINESS FINANCE CORPORAT OAKL 2488585101 2100 PONTIAC LAKE ROAD WATERFORD MI 48328 CATHERINE RASEGAN SECRETARY 2488585101 2026-06-18 1 1 RAYMOND BOYD P02132222 2486595300 2026-06-18 2024 2025-03-06 01:10:19Z CATHERINE RASEGAN 2100 PONTIAC LAKE ROAD WATERFORD MI 48328 565666 0 X WWW.OAKGOV.COM X 1981 MI THE COMPANY IS A U.S. SMALL BUSINESS ADMINISTRATION (SBA) APPROVED CERTIFIED DEVELOPMENT COMPANY AND AN AUTHORIZED LENDER UNDER THE SBA SECTION 504 GUARANTEED LOAN PROGRAM THAT PROVIDES PARTIAL FINANCING OF FIXED ASSETS TO SMALL BUSINESSES. 11 11 0 0 0 0 0 0 512708 519027 20229 46639 0 0 532937 565666 0 0 0 0 0 0 0 0 0 531532 556387 531532 556387 1405 9279 1209231 1215410 23127 20027 1186104 1195383 X PROMOTE THE GENERAL WEALTH, WELFARE, AND PROSPERITY OF THE PEOPLE RESIDING OR OPERATING BUSINESSES WITHIN OUR AREA OF OPERATIONS, PROMOTE ECONOMIC DEVELOPMENT AND GROWTH OF THE SMALL BUSINESS COMMUNITY, PROMOTE AND INCREASE PRIVATE SECTOR EMPLOYMENT OPPORTUNITIES FOR THE PEOPLE OF OUR AREA OF OPERATIONS. THE MISSION WAS ADOPTED BY THE BOARD ON APRIL 7, 2009. 0 0 510629 519027 LOAN ANALYSIS AND ADMINISTRATION EXPENSES ASSOCIATED WITH ASSISTING BUSINESSES IN OBTAINING FINANCING FOR CAPITAL ACQUISITIONS AND IMPROVEMENTS. CURRENTLY, 155 COMPANIES ARE BEING SERVED BY THE ORGANIZATION. 510629 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X JODY WEISSLER DEFOE CHIEF DEPUTY TREASURER 2488580623 1200 NORTH TELEGRAPH ROAD DEPT 479 PONTIAC MI 48341 X DAVID P ELLIS CHAIRPERSON 0.20 X X 0 0 0 ANGIE WILLIAMS PRESIDENT 0.30 X X 0 0 0 DAVID H SHINDEL VICE-PRESIDENT 0.20 X X 0 0 0 CATHERINE RASEGAN SECRETARY (NON-VOTING) 0.30 X X 0 0 0 ROBERT WITTENBERG TREASURER (NON-VOTING) 0.10 X X 0 0 0 STEVE BALL TRUSTEE 0.20 X 0 0 0 DAVID WYNN TRUSTEE 0.10 X 0 0 0 LYNDA REILLY TRUSTEE 0.10 X 0 0 0 BARRY LEVINE TRUSTEE 0.30 X 0 0 0 KRIS PAWLOWSKI TRUSTEE 0.20 X 0 0 0 WAYNE CHAN TRUSTEE 0.10 X 0 0 0 NICHOLE SMITH TRUSTEE 0.30 X 0 0 0 ELIZABETH MASSERANG TRUSTEE 0.10 X 0 0 0 0 0 0 0 0 0 0 0 SERVICE FEE INCOME 522200 365902 365902 ESCROW FLOAT INTEREST 522200 104863 104863 PROCESSING FEES 522200 42177 42177 REIMBURSEMENT INCOME 522200 4275 4275 LATE FEE INCOME 522200 1810 1810 519027 46639 46639 565666 519027 0 46639 19645 19645 14200 14200 2665 2665 371 371 9675 9675 199 199 2735 2137 598 11915 11915 504 MARKETING / SCREENI 311071 311071 504 CLOSING STAFF 123206 123206 CDC MANAGEMENT STAFF 40000 34000 6000 CREDIT REPORTS 5571 5571 15134 4754 10380 556387 510629 45758 0 100 1142084 1150884 2275 12047 12251 55000 50000 1209231 1215410 23127 20027 23127 20027 X 1186104 1195383 1186104 1195383 1209231 1215410 9279 0 X X 0 1 X 0 0 0 0 0 565666 0 565666 0 565666 556387 0 556387 0 556387 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED AT THE QUARTERLY BOARD OF TRUSTEES MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE LOAN POLICY, WHICH WAS ORIGINALLY ADOPTED BY THE BOARD OF TRUSTEES IN 2006 AND UPDATED AND APPROVED BY THE BOARD IN 2015, HAS WITHIN IT THE MERIT RULES, WHICH OUTLINES STANDARDS OF CONDUCT, WHICH CLEARLY STATES A POLICY ON CONFLICT OF INTEREST FOR OAKLAND COUNTY OFFICERS AND EMPLOYEES. THE OAKLAND COUNTY BUSINESS FINANCE CORPORATION OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE TO THE BOARD ANY RELATIONSHIP THAT THEY MAY HAVE WITH A LOAN APPLICANT AND ARE REQUIRED TO ABSTAIN FROM A VOTE ON THAT PROJECT. ON EVERY LOAN APPLICATION THE LOAN APPLICANT AND THE LOAN OFFICER MUST SIGN AN SBA FORM STATING THAT THERE IS NO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.