Cpca Ventures EIN 94-3345480

Cpca Ventures

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Provides low-interest loans to California community health centers to help needy individuals and families access essential healthcare services. For fiscal year 2025 it reported $667K in revenue, $411K in expenses, and $11.4M in net assets.Pt I

Type
Supporting organization · Foundations & Grantmakers
Location
Sacramento, CA
Filings
6 on file (2020–2025)
Revenue
$667KFY2025
Expenses
$411K
Net assets
$11.4M
People
34
Filings
6
Updates
0
More identity details & actions ⌄
EIN  94-3345480 Supporting organization Sacramento, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides low-interest loans to California community health centers to help needy individuals and families access essential healthcare services.
Leadership
David Lontok · Secretary
Money in and out
$667K revenue, $411K expenses
Bottom line
+38% net inflow
Money in and out · FY2025
Total revenue
$667K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$11.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $255K
Where spending went · Part IX cols B–D
Program services $1.00
Net inflow
+38%
revenue over expenses, this year▼ -4% vs prior filing year
Pass-through gifts
0%
of revenue from contributions
Program spending
100%
of expenses reach stated programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$667K
FY2025▲ +5%
Expenses
$411K
FY2025▲ +8%
Total assets
$16.2M
FY2025▼ -6%
Total liabilities
$4.8M
FY2025▼ -22%
Total revenue
$667K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$11.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$255K
Total assetsPt X · Ln 16$16.2M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 330
Independent voting membersPt I · Ln 430
Mission & Programs · Part III

Where the work happens

3 program services account for $411K of program spending, described in the organization's own filed words · FY2024.
01

To provide california community clinics and health centers access to low-interest financing for information systems and capital needs.

$411Kprogram expense
02

Current year change in loan loss reserve associated with providing california community clinics and health centers access to low-interest financing.

Pt IX · col B
03

Lending program at below-market interest rates to benefit california-based community health centers.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCpca Ventures
EINHdr · item D94-3345480
Principal addressHdr · item CSacramento, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFDec 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a30
Independent voting membersPt VI · Ln 1b30
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Speaker
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A

Carmela Castellano-Garcia’s $23K as Former President & Chief Executive Officer is at the 20th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2021FY2020
Carmela Castellano-Garcia$22,794$16,933
Robert E Beaudry$13,509$12,064
Valerie Sheehan$11,312$7,269
Sonja Spowart$8,041
David Orange$8,018$7,785

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Investment income$391K · 59%
Program service revenue$276K · 41%
Investment income59%$391K
Program service revenue41%$276K
Total revenueLn 12$667K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$411K
Total functional expensesLn 25$411K

Balance Sheet

Part X · end of year
CashLn 1$9.4M
Total assetsLn 16$16.2M
Total liabilitiesLn 26$4.8M
Total net assetsLn 32$11.4M
Months of cash on handcomputed275.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9.4M · Operating expenses/yr $411K
275.3 months
Where the money goes
Program services
Program services $411K · Total expenses $411K
100%
Management & General
Management & general $0 · Total expenses $411K
0%
Fundraising
Fundraising $0 · Total expenses $411K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $667K
0%
Government reliance
Government grants — · Total revenue $667K
Earned-income share
Program service revenue $276K · Total revenue $667K
41%
Investment reliance
Investment income $391K · Total revenue $667K
+59%
Program self-sufficiency
Program service revenue $276K · Total expenses $411K
67%
Growth & trend
Revenue growth (YoY)
This year $667K · Prior year $634K
+5%
Revenue CAGR
FY2019 $171K · FY2024 $667K
+31%
Net-asset trend (YoY)
End of year $11.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $667K · Expenses $411K
+38%
Liabilities-to-Assets
Total liabilities — · Total assets $16.2M
Net-asset ratio
Net assets $11.4M · Total assets $16.2M
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $16.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Lontok · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $411K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $411K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth 5%
Legal fee ratio 3%
Accounting fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$250K
Grants paid · 13 grants · $1.4M · 2020–2022
Lifelong Medical CareCA · FY2021$30,000
Yehowa Medical ServicesCA · FY2021$30,000
St John's Community HealthCA · FY2020$30,000
Operation Samahan INCCA · FY2020$30,000
QueenscareCA · FY2020$30,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$667K revenue · viewing · ⤓ 990 PDF
FY2024$634K revenue · ⤓ 990 PDF
FY2023$634K revenue · ⤓ 990 PDF
FY2022$340K revenue · ⤓ 990 PDF
FY2021$2.1M revenue · ⤓ 990 PDF
FY2020$171K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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