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COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, CERTIFIED BY THE U.S. TREASURY DEPARTMENT, WORKING TO IMPROVE THE REGIONAL ECONOMY.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$2M
Program Spending
85%
of total expenses go to program services
Total Contributions
$1.5M
Total Expenses
▼$1.5M
Total Assets
$11M
Total Liabilities
▼$3.7M
Net Assets
$7.3M
Officer Compensation
→$159.3K
Other Salaries
$471.3K
Investment Income
$2,205
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$10M
Awards Found
24
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $2M | — | — – — | Open → |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1.1M | — | — – — | Open → |
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $995K | FY2021 | Jun 2021 – Jun 2023 | Open → |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $750K | — | — – — | Open → |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $600K | — | — – — | Open → |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $500K | — | — – — | Open → |
| Department of Commerce | WESTERN MASSACHUSETTS EN | $500K | FY2010 | Jun 2010 – Dec 2011 | Open → |
| Small Business Administration | COMMON CAPITAL INC - MA | $414K | FY2023 | Jul 2023 – Jun 2024 | Open → |
| Small Business Administration | SBA TA GRANT | $355.1K | FY2026 | Jul 2026 – Jun 2027 | Open → |
| Small Business Administration | OWBO; CONG;BLINC; FAST; PRIME; SBIR | $282K | FY2008 | Jun 2008 – Jun 2010 | Open → |
| Small Business Administration | MICROLOAN PROGRAM ARRA | $259.2K | FY2010 | Jan 2010 – Sep 2010 | Open → |
| Small Business Administration | CREATING ECONOMIC OPPORTUNITIES FOR LOW TO MODERATE-INCOME PEOPLE IN WESTERN & CENTRAL MA | $250K | FY2010 | Sep 2010 – Sep 2012 | Open → |
| Small Business Administration | COMMON CAPITAL INC. | $230.1K | FY2025 | Jul 2025 – Jun 2026 | Open → |
| Small Business Administration | COMMON CAPITAL INC - MA | $229.6K | FY2024 | Jul 2024 – Jun 2025 | Open → |
| Small Business Administration | COMMON CAPITAL, INC. MA THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS. | $225.9K | FY2021 | Jul 2021 – Jun 2022 | Open → |
| Small Business Administration | MICROLOAN PROGRAM | $225K | FY2022 | Jul 2022 – Jun 2023 | Open → |
| Small Business Administration | THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS. | $200.5K | FY2020 | Aug 2020 – Jun 2021 | Open → |
| Small Business Administration | NON PROFIT | $168.3K | FY2012 | Jul 2012 – Jun 2013 | Open → |
| Small Business Administration | MICROLOAN | $161.4K | FY2019 | Jul 2019 – Sep 2020 | Open → |
| Small Business Administration | MICROLOAN PROGRAM | $155.1K | FY2009 | Jan 2009 – Dec 2009 | Open → |
| Small Business Administration | MICROLOAN | $143.4K | FY2018 | Jul 2018 – Jun 2019 | Open → |
| Small Business Administration | MICRO LOAN | $108.9K | FY2014 | Jul 2014 – Jun 2015 | Open → |
| Small Business Administration | MICROLOAN | $93.4K | FY2017 | Jul 2017 – Jun 2018 | Open → |
| Small Business Administration | MICROLOAN | $90.1K | FY2015 | Aug 2015 – Jun 2016 | Open → |
Small Business Administration
$282K
OWBO; CONG;BLINC; FAST; PRIME; SBIR
Small Business Administration
$250K
CREATING ECONOMIC OPPORTUNITIES FOR LOW TO MODERATE-INCOME PEOPLE IN WESTERN & CENTRAL MA
Small Business Administration
$225.9K
COMMON CAPITAL, INC. MA THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$200.5K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Source: Federal Audit Clearinghouse (fac.gov)
Years audited
2
Clean years
2
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditurecombined across all audits filed that year | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2017 | Clean | Unmodified (Clean) | $1.6M | Yes | 2017-11-07 |
| 2016 | Clean | Unmodified (Clean) | $2M | Yes | 2016-12-06 |
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.6M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$2M
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $2M | $1.5M | $1.5M | $11M | $7.3M |
| 2022IRS e-File | $2M | $1.5M | $1.5M | $11M | $7.3M |
| 2021IRS e-File | $3.2M | $2.8M | $1.1M | $10.4M | $6.8M |
| 2020 | $925.7K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Keith Fairey | Vice Chair | 1 | $0 | $222.6K | $15.2K | $237.8K |
| Pascale Desir | Assistant Clerk | 1 | $0 | $147.7K | $10.9K | $158.6K |
| Raymond Lanza-Weil | CEO | 37.5 | $127.6K | $0 | $16.1K | $143.7K |
| James Hickson | Chair | 1 | $0 | $0 | $0 | $0 |
| Linda Dunlavy | Clerk | 1 | $0 | $0 | $0 | $0 |
| Jay Leonard | Treasurer | 1 | $0 | $0 | $0 | $0 |
Keith Fairey
Vice Chair
$237.8K
Hrs/Wk
1
Compensation
$0
Related Orgs
$222.6K
Other
$15.2K
Pascale Desir
Assistant Clerk
$158.6K
Hrs/Wk
1
Compensation
$0
Related Orgs
$147.7K
Other
$10.9K
Raymond Lanza-Weil
CEO
$143.7K
Hrs/Wk
37.5
Compensation
$127.6K
Related Orgs
$0
Other
$16.1K
James Hickson
Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Linda Dunlavy
Clerk
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jay Leonard
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Diane Smith | Director | 1 | $0 | $0 | $0 | $0 |
| Jodi Rathbun-Briggs | Director | 1 | $0 | $0 | $0 | $0 |
| Jonathan Daen | Director | 1 | $0 | $0 | $0 | $0 |
| Leonard Underwood | Director | 1 | $0 | $0 | $0 | $0 |
| Richard Sullivan | Director | 1 | $0 | $0 | $0 | $0 |
| Trenda Loftin | Director |
Diane Smith
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jodi Rathbun-Briggs
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jonathan Daen
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $500.8K |
| $939.5K |
| $7.2M |
| $4.3M |
| 2019 | $1.2M | $670.4K | $1.1M | $6.7M | $4.3M |
| 2018 | $747.1K | $309.5K | $767.6K | $6.4M | $4.2M |
| 2017 | $966.3K | $679K | $1.2M | $6.1M | $4.2M |
| 2016 | $1M | $779.3K | $966.5K | $6.6M | $4.6M |
| 2015 | $1.8M | $1.5M | $1.1M | $6.7M | $4.5M |
| 2014 | $885.3K | $490.5K | $873.5K | $5.8M | $3.8M |
| 2013 | $1.6M | $1.4M | $1.1M | $5.8M | $3.7M |
| 2012 | $2.8M | $2.4M | $1.1M | $5.7M | $3.3M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
Leonard Underwood
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Richard Sullivan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Trenda Loftin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0