Cpca Ventures
- Assets
- $22.7m
- Revenue
- $340.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 12/1999
- Data as of
- 03/2022
- EIN
- 94-3345480
Organization Overview
Cpca Ventures is located in Sacramento, CA. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cpca Ventures is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Cpca Ventures generated $340.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $510.8k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Cpca Ventures has awarded 20 individual grants totaling $600,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE NEEDY INDIVIDUALS AND FAMILIES ACCESS TO HEALTH CARE SERVICES, OR SUPPORT, OR PROMOTE SUCH SERVICE PROVIDERS, INCLUDING CALIFORNIA PRIMARY CARE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CALIFORNIA COMMUNITY CLINICS AND HEALTH CENTERS ACCESS TO LOW-INTEREST FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS.
CURRENT YEAR CHANGE IN LOAN LOSS RESERVE ASSOCIATED WITH PROVIDING CALIFORNIA COMMUNITY CLINICS AND HEALTH CENTERS ACCESS TO LOW-INTEREST FINANCING.
LENDING PROGRAM AT BELOW-MARKET INTEREST RATES TO BENEFIT CALIFORNIA-BASED COMMUNITY HEALTH CENTERS.
CPCA VENTURES LAUNCHED A COVID RESPONSE LOAN FUND IN PARTNERSHIP TO HELP PANDEMIC IMPACTED CHCS WITH CAPITAL AND OPERATING COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christy Ward Vice Speaker | OfficerTrustee | 1 | $0 |
David Lontok Treasurer | OfficerTrustee | 1 | $0 |
Andrea Schwab-Galindo Speaker | OfficerTrustee | 0.5 | $0 |
Britta Guerrero Chair | OfficerTrustee | 1 | $0 |
David Vliet Immediate Past Chair | OfficerTrustee | 1 | $0 |
Paulo Soares Chair-Elect | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $322,852 |
| Investment income | $705 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $340,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $129,212 |
| Advertising and promotion | $0 |
| Office expenses | $5,378 |
| Information technology | $2,612 |
| Royalties | $0 |
| Occupancy | $142,256 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $179 |
| All other expenses | $0 |
| Total functional expenses | $510,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,266,273 |
| Savings and temporary cash investments | $705,356 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,689,758 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,661,387 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,663,845 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $340,854 |
| Total liabilities | $11,004,699 |
| Net assets without donor restrictions | $10,657,789 |
| Net assets with donor restrictions | $998,899 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,661,387 |
Grants Awarded
Over the last fiscal year, Cpca Ventures has awarded $120,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
El Centro, CA PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |
Berkeley, CA PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |
Los Angeles, CA PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |
Santa Rosa, CA PURPOSE: PROVIDE FINANCING FOR INFORMATION SYSTEMS AND CAPITAL NEEDS | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cpca Ventures has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
The California Endowment Los Angeles, CA PURPOSE: SUPPORTING COVID-19 RESPONSE AND RECOVERY EFFORTS: TO SUPPORT CALIFORNIA COMMUNITY HEALTH CENTERS AND BOLSTER COVID-19 RESPONSE AND RECOVERY EFFORTS. | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |