Form 990-EZ for tax year 2024
Filed by FEDCAP INVESTMENT CORPORATION.
Totals
- Total revenue
- $150,000
- Total expenses
- $141,348
- Contributions and grants received
- $150,000
- Grants paid
- not reported
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- not reported
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $125,000
- Total liabilities, end of year
- $152,186
- Net assets or fund balances, end of year
- -$27,186
- Program service expenses (Part III)
- $140,885
Program services were 99.7% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2024
Primary exempt purpose
HELP BARRIERED COMMUNITIES ACHIEVE ECONOMIC WELL-BEING THROUGH DIRECT FINANCIAL INVESTMENT AND EQUITY OPPORTUNITIES.
-
FEDCAP INVESTMENT CORP SPECIALIZES IN RAISING MONEY TO BE USED FOR HOME OWNERSHIP, LENDING FOR LOW-COST EQUITY INVESTMENTS, TECHNICAL ASSISTANCE, SMALL BUSINESS LOANS, AND PROJECT-BASED INVESTMENTS.
Expenses $140,885
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
Christine McMahonCHRISTINE MCMAHON
PRESIDENT & CEO OF FEDCAP
- Total calculated
- $0
- Hours/week
- 1
-
Carol KhouryCAROL KHOURY
CHAIR/CFO OF FEDCAP
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth BrezenoffKENNETH BREZENOFF
TRUSTEE/GEN. COUN. & VP ST
- Total calculated
- $0
- Hours/week
- 1
-
Lyell RitchieLYELL RITCHIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2024
- Filed
- 14 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202632269349201463
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