EIN 84-3804891

First Community Capital

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2019
Most recent tax filings
2024-06-01
Description
First Community Capital provides access to capital and technical assistance to disadvantaged rural and micro businesses, with a focus on minority-owned businesses.
Total revenues
$486,010
2024
Total expenses
$398,785
2024
Total assets
$1,316,731
2024
Num. employees
5
2024

Program areas at First Community Capital

As of June 30, 2024, First Community Capital has issued 124 microloans, totaling approximately $575,830 to eligible small businesses. Additionally, as of the same date, FCC reports 124 outstanding loans, amounting to $590,000. These loans are fully amortized, with interest rates varying between 6% and 12%, and terms ranging from 12 to 60 months. These loans supported both home-based and non-home-based businesses, including existing companies and startups.

Who funds First Community Capital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The San Francisco Foundation (TSFF)Advised - for General Operating Support.$100,000
The Bank of America Charitable FoundationProgram/operating Support$15,000
Inland Empire Community FoundationCommunity Organizing/building$10,000

Financials for First Community Capital

RevenuesFYE 06/2024
Total grants, contributions, etc.$419,575
Program services$65,227
Investment income and dividends$1,208
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$0
Total revenues$486,010
Data update history
April 25, 2025
Updated personnel
Identified 1 new personnel
April 20, 2025
Posted financials
Added Form 990 for fiscal year 2024
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $15,000 from The Bank of America Charitable Foundation
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from The San Francisco Foundation (TSFF)
Nonprofit Types
Business and community development organizationsCharities
Issues
Human servicesJobs and employmentBusiness and industry
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
2060 Chicago Ave A11
Riverside, CA 92507
Metro area
Riverside-San Bernardino-Ontario, CA
County
Riverside County, CA
Website URL
firstcommunitycapital.org/ 
Phone
(951) 296-6181
IRS details
EIN
84-3804891
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0289083
FTB Entity ID
4229733
AB 488 data last updated ("as-of") date
2025-07-02
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