MICHIGAN COMMUNITY CAPITAL
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Michigan Community Capital, identified by EIN 33-1068719, is a nonprofit organization dedicated to economic development in Michigan. The organization aims to provide low-cost, flexible financial products and advisory services to support affordable housing and community-driven economic development projects that benefit low- and moderate-income residents. With an operating budget of $9.1 million and total revenue of $9.7 million for the 2024 filing year, Michigan Community Capital does not rely on a single funder for 50% or more of its revenue. For more information, visit www.michigancommunitycapital.org.
Mission Statement
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.
Cause Areas
1
Economic development
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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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Frequently Asked Questions
What is MICHIGAN COMMUNITY CAPITAL’s budget?
In 2024, MICHIGAN COMMUNITY CAPITAL reported an annual operating budget of around $9.1 million. More detailed financial information is available to registered users.
What causes does MICHIGAN COMMUNITY CAPITAL support?
MICHIGAN COMMUNITY CAPITAL supports work in Economic development.
Where does MICHIGAN COMMUNITY CAPITAL operate?
MICHIGAN COMMUNITY CAPITAL is headquartered in Lansing, MI.
Who funded MICHIGAN COMMUNITY CAPITAL recently?
In 2024, MICHIGAN COMMUNITY CAPITAL received grants from CHARLES STEWART MOTT FOUNDATION, UPTOWN REINVESTMENT CORPORATION, and STURGIS AREA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MICHIGAN COMMUNITY CAPITAL received in 2024?
The largest grant to MICHIGAN COMMUNITY CAPITAL in 2024 exceeds $125 thousand.
What is MICHIGAN COMMUNITY CAPITAL’s reliance on government grants?
MICHIGAN COMMUNITY CAPITAL relied on government grants for more than 10% of their total revenue in 2024.