2021-11-10T09:05:04-08:00 2021-06-30 271682261 JAMES MARTA & CO LLP 701 HOWE AVE STE E3 SACRAMENTO CA 95825 990 2020-07-01 680065873 3CORE Inc 3COR 5308938732 2515 Ceanothus Avenue 105 Chico CA 95973 Patty Hess Executive Director 2021-11-10 true Patty Hess 999009999 James Marta P00358520 9169939494 X 0 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Patty Hess 7043089 false X 3coreedc.org X 1985 CA Serve as an intermediary for public and private funds that foster a stable and diversified local economy, to improve social, economic and employment conditions and implement sound, long-term strategy to address identified community needs. 6 6 10 33 0 795393 6203877 205034 821335 1611 256 90529 -767 1092567 7024701 914 4731539 0 488232 628124 0 0 229536 492700 718682 5852363 373885 1172338 7138608 7806094 3255161 2750309 3883447 5055785 X Serve as an intermediary for public and private funds that foster a stable and diversified local economy, to improve social, economic and employment conditions and implement sound, long-term strategy to address identified community needs. true false 5680144 Organization and Nature of Activities 3CORE, Inc. (the Corporation) is a private not-for-profit corporation organized and established in 1985 to serve the rural northern California region of Butte, Glenn, and Tehama and the cities therein. The specific purpose of the Corporation is to be an intermediary for public and private investments that foster a stable and diversified local economy, to improve social, economic, and employment conditions through collaborative partnerships and to implement a sound, long-term strategy that can address identified community needs through the private, public, and nonprofit organizations principally located within Butte, Glenn, and Tehama counties.The Corporation is a federally recognized Economic Development District (EDD), a state and federally certified Community Development Financial Institution (CDFI), and a licensed lender regulated by the California Department of Financial Protection and Innovation (DFPI).Services related to economic development are funded, in part, through various federal grants and matching funds provided by local jurisdictions.The Corporations revolving loan fund program provides financing to local businesses. The funds for the program are derived from various Economic Development Administration Grants, a Small Business Administration loan, various local grant funds, local matching funds, various equity equivalent investment loans, and reinvestment of interest and loan fees.The Corporation also provides contract services, in part to local government units, related to obtaining and administering grant projects.During the current fiscal year, the Corporation administered various grant programs at the direction of local counties and cities to aid small businesses in recovery from the economic effects of the COVID-19 pandemic. One of these programs was in partnership with the County of Butte in the amount of over four million dollars, creating an unusually large increase in passthrough grant revenue and grant disbursement expenses. 5680144 true true false false false false false false false false true false false false true false true false false false false false false false false false false false true false false false false false false true false false false false false false false false false false false true 299 0 true 10 true false false false false false false false 0 false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false CA X X X Joanna Williams 5308938732 2515 Ceanothus Avenue 105 Chico CA 95973 X Patty Hess Executive Director 40.00 0.00 76168 0 18703 Dan Blair President 0.50 0.00 X X 0 0 0 Starlyn Brown Secretary/Treas 0.50 0.00 X X 0 0 0 Kathy Schmitz Director 0.50 0.00 X 0 0 0 Tony Cardenas Director 0.50 0.00 X 0 0 0 Andrea Campos Vice President 0.50 0.00 X X 0 0 0 Jose Bravo Director 0.50 0.00 X 0 0 0 76168 18703 0 false false false Economic & Planning Systems Inc 400 Capitol Mall 28th Floor Sacramento CA 95814 Camp Fire Regional Study 169418 1 5896794 307083 6203877 Contract revenue 633163 633163 Loan Fees 17107 17107 Loan Interest 171065 171065 821335 256 256 0 0 17621 18388 -767 -767 -767 0 0 0 0 0 7024701 820568 256 0 4731539 4731539 0 0 98581 85075 13506 0 529543 456994 72549 0 0 0 0 0 16115 13958 2157 0 0 0 292086 265075 27011 4922 1214 3708 16550 15304 1246 0 0 0 19699 18808 891 0 0 48590 48590 0 23736 23736 15568 12148 3420 Repairs and Maintenance 17656 13111 4545 Licenses and Permits 6842 359 6483 Dues & Subscriptions 6040 6040 Donations 5400 5400 19496 17969 1527 5852363 5680144 172219 0 X 1387033 1048122 1857434 3296889 0 73470 5034 0 0 2759014 2751752 0 1409 1419 739772 36894 725248 702878 0 0 0 0 335000 0 7138608 7806094 68123 38236 453440 2242073 2115891 944965 142742 3255161 2750309 X 1306344 3175671 2577103 1880114 3883447 5055785 7138608 7806094 1172338 X false true X false true false X 305003 288508 1901109 795393 1477338 4767351 265361 229581 252163 205034 821335 1773474 0 0 0 570364 518089 2153272 1000427 2298673 6540825 0 0 6540825 2364 3884 7799 1611 256 15914 0 2364 3884 7799 1611 256 15914 0 47615 48759 44000 90529 17621 248524 620343 570732 2205071 1092567 2316550 6805263 0.96110 0.93950 0.00230 0.00340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200270 200270 501994 23240 478754 37508 13654 23854 702878 Deposits 142742 142742 7043089 18388 18388 7024701 7024701 5870751 18388 18388 5852363 5852363 Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rent expense not shown net in income $18388 Part XII, Line 2d: Other expenses and losses per audited F/S Rent expense shown under expenses $18388 false 0 0 Small Business COVID Grants 293 4731539 Marc Nemanic Assoc Direc 32500 Dues / management fee false Schedule L, Part V Supplemental Information Related Party Transactions California Finance Consortium (CFC)Fiscal year ended 6/30/213CORE is a member lender of CFC and pays annual dues in the amount of $2,500.3CORE is under contract as the agent for CFC. CFC paid 3CORE $30,000 to run the organization, manage the loan guarantee portfolio, and perform accounting duties.Marc Nemanic is Associate Director of 3CORE and Managing Board Member of CFC.In 2017, 3CORE loaned CFC $150,000; CFC pays quarterly interest payments.As of 6-30-2021, CFC held $591,160 in loan guarantees for 3CORE. Form 990, Part III, Line 2: New Services Same operations but based on the COVID-19 pandemic, 3CORE administered various grant programs at the direction of local counties and cities to aid small businesses in recovery from the economic effects of the COVID-19 pandemic. This created changes in pass-through grant revenue as compared to prior years in the amount of $4,726,539 and grant expenses of $4,731,539. Form 990, Part VI, Line 11b: Form 990 Review Process The board reviews the tax return at its monthly meeting before the Executive Director signs. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Incorporated a conflict of interest policy into the personnel manual applicable to employees and board members. Such persons are required to inform management of any potential conflicts upon occurrence of the development Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The board of directors conducts an annual evaluation and review of the compensation paid to the Executive Director and sets compensation for the position. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees All other staff compensation, including key employees, is established by the Executive Director. Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection The tax returns are available on Guidestar. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public.