Common Capital Inc.

Fiscal year ending 2020. Filed on May 5, 2021.

1780 Main Street
Springfield, Massachusetts 01103

Common Capital Inc. (EIN: 22-3051402) has filed an IRS Form 990 between fiscal years 2018 and 2023. In its fiscal year 2020 IRS Form 990 filing, Common Capital Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 5 total employees. Among the employees shown here, the average compensation is $221,104. The highest compensated employee at Common Capital Inc. is Peter Gagliardi with fiscal year 2020 compensation of $453,100.

Revenue, expenses, and employee compensation

Revenue

$925,720

Expenses

$939,458

Employee compensation

$479,113
Revenue, expenses, and employee compensation over time

Mission Statement

COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. TREASURY DEPARTMENT WORKING TO GROW AND STRENGTHEN THE REGIONAL ECONOMY BY STRENGTHENING LOCAL BUSINESSES AND COMMUNITY ORGANIZATIONS IN WESTERN AND CENTRAL MASSACHUSETTS. COMMON CAPITAL, INC. PROVIDES BUSINESS LOANS AND TECHNICAL ASSISTANCE TO HELP BUSINESS OWNERS AND ORGANIZATIONS ESTABLISH AND GROW IN ORDER TO IMPROVE INCOME LEVELS, EXPAND JOB OPPORTUNITIES, AND STRENGTHEN THE LOCAL COMMUNITIES. COMMON CAPUTAL, INC. ALSO PROVIDES DIRECT ACCESS TO ALTERNATIVE FINANCING SOURCES AND PREDOMINATELY SERVES ECONOMICALLY-DISTRESSED, LOW-WEALTH COMMUNITIES.

Revisions to this organization profile

May 16, 2024:
2022 Common Capital Inc. 990 filed
May 6, 2024:
2023 Common Capital Inc. 990 filed
March 18, 2022:
2021 Common Capital Inc. 990 filed

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