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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 Community Improvement & Capacity Building Small Business Development Corporation of Orange County

Small Business Development Corporation of Orange County

Fiscal year ending 2025. Filed on December 17, 2025.

PO Box 5266
Riverside, California 92517

Small Business Development Corporation of Orange County (EIN: 91-2154838) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Small Business Development Corporation of Orange County, a 501(c)(3) charitable organization, reported compensation for 7 out of 7 total employees. Among the employees shown here, the average compensation is $255,256. The highest compensated employee at Small Business Development Corporation of Orange County is Michael Ocasio with fiscal year 2025 compensation of $414,586.

Revenue, expenses, and employee compensation

Revenue

$2,987,062

Expenses

$2,441,758

Employee compensation

$2,072,813
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Ocasio
Chief Executive Officer
$414,586
$393,510 No related comp$21,076
Jim Ely
President
$325,707
$311,548 No related comp$14,159
Nestor Correa
Senior Vice President Commercial LE
$285,687
$257,617 No related comp$28,070
Richard Lee
Senior Vice President Commercial LE
$254,667
$238,433 No related comp$16,234
Carrie Miller
Chief Financial Officer
$232,896
$204,685 No related comp$28,211
Maria Lopez
Chief Operating Officer
$156,499
$143,668 No related comp$12,831
Eddie Nevarez
Credit Analyst
$116,747
$101,792 No related comp$14,955

Benchmark Employee Compensation

Non-Employee Board Members

Cassaundra Johnson
Treasurer
Catherine Nguyen
Director
Eric Bell
Director
Gil Keinan
Director
Johnny Thomas
Director
Larry Trujillo
Secretary
Michael Karr
Director
Pablo Ocasio
Vice Chair
Thanh Pham
Chair

Mission Statement

TO PROVIDE FINANCIAL ASSISTANCE TO SMALL BUSINESSES. THE ORGANIZATION IS PRIMARILY INVOLVED IN ECONOMIC DEVELOPMENT LENDING ACTIVITIES PROVIDING STATE LOAN GUARANTEES TO BANK AND NON-BANK LENDERS THROUGH THE STATE LOAN GUARANTEE PROGRAM AND OTHER DIRECT CAPITAL ACCESS TO ECONOMICALLY DISADVANTAGED BUSINESSES THROUGHOUT CALIFORNIA. THIS ULTIMATELY STRENGTHENS THE LOCAL BUSINESS ECONOMY BY CREATING AND RETAINING JOBS.

Revisions to this organization profile

December 17, 2025:
2025 Small Business Development Corporation of Orange County 990 filed
May 15, 2025:
2024 Small Business Development Corporation of Orange County 990 filed
May 14, 2024:
2023 Small Business Development Corporation of Orange County 990 filed

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