COMMON CAPITAL INC
AI Summary
COMMON CAPITAL INC is a nonprofit community development financial institution and certified CDFI focused on entrepreneurship and working to improve the regional economy. In filing year 2025, it reported an operating budget and total revenue of $1.8M, with support from funders including BERKSHIRE BANK FOUNDATION INC, COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTS, and ACCION OPPORTUNITY FUND INC.
Mission Statement
COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, CERTIFIED BY THE U.S. TREASURY DEPARTMENT, WORKING TO IMPROVE THE REGIONAL ECONOMY.
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 15 funders
- 23 board & team members
- 9 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is COMMON CAPITAL INC’s budget?
In 2024, COMMON CAPITAL INC reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does COMMON CAPITAL INC support?
COMMON CAPITAL INC supports work in Entrepreneurship.
Where does COMMON CAPITAL INC operate?
COMMON CAPITAL INC is headquartered in Springfield, MA.
Who funded COMMON CAPITAL INC recently?
In 2025, COMMON CAPITAL INC received grants from COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTS, AMERICAN ONLINE GIVING FOUNDATION INC, and Wells Fargo Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant COMMON CAPITAL INC received in 2024?
The largest grant to COMMON CAPITAL INC in 2024 exceeds $41 thousand.
What is COMMON CAPITAL INC’s reliance on government grants?
COMMON CAPITAL INC relied on government grants for more than 35% of their total revenue in 2024.