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
Financials for First Community Capital
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $419,575 | $468,795 | -10.5% |
| Program services | $65,227 | $40,559 | 60.8% |
| Investment income and dividends | $1,208 | $0 | 999% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $486,010 | $509,354 | -4.6% |
Organizations like First Community Capital
| Organization | Type | Location | Revenue |
|---|
| Johnstown Area Regional Industries | 501(c)(3) | Johnstown, PA | $1,838,203 |
| Rende Progress Capital | 501(c)(3) | Grand Rapids, MI | $814,275 |
| Catalyst Community Capital | 501(c)(3) | St Petersburg, FL | $805,577 |
| Wyoming Capital Access | 501(c)(3) | Casper, WY | $440,118 |
| Womens Venture Fund | 501(c)(3) | New York, NY | $153,874 |
| CRESER Capital Fund | 501(c)(3) | Sausalito, CA | $1,558,597 |
| Bridging Virginia | 501(c)(3) | Richmond, VA | $884,884 |
| People Incorporated Financial Services | 501(c)(3) | Abingdon, VA | $2,174,921 |
| Brooklyn Alliance Capital | 501(c)(3) | Brooklyn, NY | $411,848 |
| CDFI Friendly of South Bend | 501(c)(3) | South Bend, IN | $687,355 |
Data update history
April 25, 2025
Updated personnel
Identified 1 new personnel
April 20, 2025
Posted financials
Added Form 990 for fiscal year 2024
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
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/Â
- 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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