Fiscal year ending 2024. Filed on November 17, 2025.
502 E Cesar E Chavez Ave Suite A
Lansing, Michigan 48906
Michigan Community Capital (EIN: 33-1068719) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Michigan Community Capital, a 501(c)(3) charitable organization, reported compensation for 7 out of 24 total employees. Among the employees shown here, the average compensation is $188,923. The highest compensated employee at Michigan Community Capital is Eric Hanna with fiscal year 2024 compensation of $304,886. Michigan Community Capital changed its name from Michigan Magnet Fund in 2018.
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THE MISSION OF MICHIGAN COMMUNITY CAPITAL IS TO PROVIDE LOW-COST, FLEXIBLE FINANCIAL PRODUCTS COUPLED WITH ADVISORY SERVICES TO CREATE AND PRESERVE AFFORDABLE HOUSING AND INVEST IN JOB-CREATING, COMMUNITY-DRIVEN ECONOMIC DEVELOPMENT PROJECTS FOR THE BENEFIT OF LOW-AND MODERATE INCOME RESIDENTS AND COMMUNITIES IN MICHIGAN.
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