EIN 81-0584343

Accompany Capital

IRS 501(c) type
501(c)(3)
Num. employees
18
Year formed
2002
Most recent tax filings
2022-09-01
Description
Accompany Capital creates a pathway to self-sufficiency for immigrant and refugee entrepreneurs in New York City by providing access to affordable credit, empowering with financial education, and offering training in best business practices and techno...
Also known as...
Center for Comm Dev for New Americans; Business Center for New Americans
Total revenues
$4,662,954
2022
Total expenses
$3,032,645
2022
Total assets
$18,104,193
2022
Num. employees
18
2022

Program areas at Accompany Capital

Access to CreditAccompany Capital's loan program awarded 204 new small business loans with a valueof $5,994,413 to immigrant, refugee, and women micro-entrepreneurs operatingbusinesses primarily in all five boroughs of New York City. 90% of all loans went to immigrant and refugee entrepreneurs and 55% were granted to women. We also helped entrepreneurs start 26 new businesses, and expand and strengthen 467 businesses. As a result, 141 jobs were created, and 831 jobs were retained, supporting the economic development of communities throughout the city.Business and Financial ManagementAccompany Capital provided 5,655 hours of small group training and individualizedassistance to 674 clients in FY 2022. A total of 46 webinars were offered on smallbusiness management, financial literacy, social media marketing, and homeownership,with a total of 756 participants. The Organization's staff assisted 563 businessesthrough business plan development, credit review and repair, cash flow analysis, andpreparing business loan applications. The Organization worked with clients from 55 countries in FY 2022.
Accompany Capital assisted micro and small business owners to access COVID19 relief in the form of debt relief, interest relief, grants, and low cost loansfrom the SBA, New York State, New York City, corporate, and private donors for COVID-19 relief programs. A total of 5,655 hours of small group training and individualized assistance to 674 clients in FY22 in addition to 46 workshops presented to 756 attendees.

Grants made by Accompany Capital

GranteeGrant descriptionAmount
Accompany CapitalQueens Small Business Cash Grants$1,409,775

Who funds Accompany Capital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Accompany CapitalQueens Small Business Cash Grants$1,409,775
Opportunity Finance Network (OFN)Ofns Small Business Grant Program Funded By Google.org$125,000
The Blackbaud Giving FundGeneral Support$100,100
...and 5 more grants received

Personnel at Accompany Capital

NameTitleCompensation
Yanki TsheringExecutive Director$182,921
Asisat MuldoonManager of Finance and Administration
Jessica MartinPortfolio and Compliance Manager
Nicole MasManager of Development and Communications
Calvin FletcherManager of Refugee Program and Loan Officer
...and 4 more key personnel

Financials for Accompany Capital

RevenuesFYE 09/2022
Total grants, contributions, etc.$4,418,809
Program services$31,570
Investment income and dividends$209,424
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,151
Total revenues$4,662,954

Form 990s for Accompany Capital

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-14990View PDF
2021-092022-08-08990View PDF
2020-092022-06-06990View PDF
2019-092020-09-29990View PDF
2018-092019-11-15990View PDF
...and 7 more Form 990s
Data update history
October 24, 2023
Received grants
Identified 2 new grant, including a grant for $100,100 from The Blackbaud Giving Fund
October 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 3, 2023
Updated personnel
Identified 1 new personnel
September 25, 2023
Used new vendors
Identified 2 new vendors, including , and
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsFamily service centersEthnic centersCharities
Issues
Human servicesImmigrationBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
120 Broadway Suite 230
New York, NY 10271
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
accompanycapital.org/ 
Phone
(212) 898-7850
Facebook page
accompanycapital 
Twitter profile
@accompanycap 
IRS details
EIN
81-0584343
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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