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EIN 54-1757884

Redc Community Capital Group

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Richmond
State
Virginia
Year formed
1995
Most recent tax filings
2014-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Notice
This nonprofit is terminated or no longer active
Redc Community Capital Group may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
To promote economic and community development by providing financing and services to small businesses in order to create jobs and increase the flow of credit and capital into targeted low income communities.
Total revenues
$518,224
2014
Total expenses
$856,578
2014
Total assets
$590,090
2014
Num. employees
6
2014

Program areas at Redc Community Capital Group

Provide training, financing and technical assistance to small and disadvantaged businesses in low-wealth communities of the richmond- petersburg msa in order to create jobs and stimulate economic development.

Who funds Redc Community Capital Group

Federal funding details
Federal agencyProgram nameAmount
Small Business AdministrationMICROLOAN ENTERPRISE DEVELOPMENT LOAN PROGRAM$1,547,706

Personnel at Redc Community Capital Group

NameTitleCompensation
Randolph R SheltonPresident and Chief Executive Officer$67,559
C Renee Wyatt-ChaplineSecretary$0
Richard T RileyChairman$0
Garland W CurtisVice Chairman$0

Financials for Redc Community Capital Group

RevenuesFYE 06/2014
Total grants, contributions, etc.$407,809
Program services$110,213
Investment income and dividends$2
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$200
Total revenues$518,224

Form 990s for Redc Community Capital Group

Fiscal year endingDate received by IRSFormPDF link
2014-062015-09-10990View PDF
2013-062014-07-02990View PDF
2012-062013-08-06990View PDF
2011-062012-05-25990View PDF
2010-062011-03-01990View PDF
Data update history
No data updates available
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Human servicesCommunity improvementJobs and employmentEconomic developmentBusiness and industry
Characteristics
Receives government fundingTerminated
General information
Address
413 Stuart Cir Suite 320
Richmond, VA 23220
Metro area
Richmond, VA
County
Richmond city, VA
Website URL
redcfinance.org/ 
Phone
(804) 780-3013
IRS details
EIN
54-1757884
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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