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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Founders First Community Development Corporation Inc.

Founders First Community Development Corporation Inc.

Fiscal year ending 2024. Filed on September 24, 2025.

10755 Scripps Poway Pkwy 202
San Diego, California 92131

Founders First Community Development Corporation Inc. (EIN: 74-3166719) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Founders First Community Development Corporation Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 6 total employees. Among the employees shown here, the average compensation is $121,070. The highest compensated employee at Founders First Community Development Corporation Inc. is Shaylon Scott with fiscal year 2024 compensation of $121,070. Founders First Community Development Corporation Inc. changed its name from Lift Development Enterprises Inc dba Founders First CDC Inc in 2021.

Revenue, expenses, and employee compensation

Revenue

$2,343,535

Expenses

$5,301,361

Employee compensation

$285,215
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Shaylon Scott
Executive Director
$121,070
$107,461 No related comp$13,609

Benchmark Employee Compensation

Non-Employee Board Members

Catherine Costa
Vice President
Kim Folsom
Chair
Kurtis Trevan
Trustee
Maurice Wilson
Secretary
Randy Frisch
Trustee
Rohan Kale
Trustee
Sharon Payne
Trustee
Sulaiman Rahman
Treasurer
Tammie Marceleno
Trustee
Tony Bialoruck
Trustee
Yadira Esqueda
Trustee

Contractors

Founders First Capital
Program Supporting
$3,789,007
With Reason LLC
Program Supporting
$102,000

Mission Statement

HELP UNDERSERVED, UNDER-REPRESENTED SMALL BUSINESS OWNERS OVERCOME CHALLENGES THEY FACE DUE TO LACK OF ACCESS TO CAPITAL AND TO ASSIST THEM IN INCREASING BUSINESS CAPACITY RESULTING IN HIGHER REVENUE GROWTH AND PROVIDING MORE JOBS.

Revisions to this organization profile

September 24, 2025:
2024 Founders First Community Development Corporation Inc. 990 filed
November 7, 2024:
2023 Founders First Community Development Corporation Inc. 990 filed
June 29, 2023:
2022 Founders First Community Development Corporation Inc. 990 filed

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