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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 Public & Societal Benefit True Access Capital Corporation

True Access Capital Corporation

Fiscal year ending 2024. Filed on September 9, 2025.

100 West 10th Street 300
Wilmington, Delaware 19801

True Access Capital Corporation (EIN: 51-0345258) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, True Access Capital Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 17 total employees. Among the employees shown here, the average compensation is $168,647. The highest compensated employee at True Access Capital Corporation is Vandell Hampton Jr with fiscal year 2024 compensation of $206,039. True Access Capital Corporation changed its name from First State Community Loan Fund in 2019.

Revenue, expenses, and employee compensation

Revenue

$4,611,925

Expenses

$3,764,504

Employee compensation

$1,567,202
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Vandell Hampton Jr
President and Chief Executive Officer
$206,039
$185,116 No related comp$20,923
Lorenzo Merino
Senior Vice President, Director of Lending
$131,254
$123,330 No related comp$7,924

Benchmark Employee Compensation

Non-Employee Board Members

Barry L Lott
Board Member
Derrick Robinson
Board Member
Emanuel V Deshields
Board Member
Judith M Scarborough Cpa Cva Cff
Vice Chair
Justin Poser
Board Member
Paul B Hughes III
Chair
Pedro Viera Jr
Board Member
Rachael Mears
Treasurer
Rafael Zahralddin
Board Member
Robert Gunter
Board Member
Ron Kimbrough
Board Member
Sheryl Scanlon, Edd
Board Member

Mission Statement

BUILDING A THRIVING COMMUNITY BY EMPOWERING A DIVERSE BASE OF ENTREPRENEURS AND BUSINESSES THROUGH ACCESS TO CAPITAL, EDUCATION, ADVOCACY AND OPPORTUNITY.

Revisions to this organization profile

September 9, 2025:
2024 True Access Capital Corporation 990 filed
August 23, 2024:
2023 True Access Capital Corporation 990 filed
September 5, 2023:
2022 True Access Capital Corporation 990 filed

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