Totals
- Total revenue
- $1,768,948
- Total expenses
- $1,797,966
- Contributions and grants received
- $838,111
- Grants paid
- $0
- Program service revenue
- $926,901
- Investment income
- $3,936
- Other revenue
- $0
- Total assets, end of year
- $11,930,932
- Total liabilities, end of year
- $5,160,949
- Net assets or fund balances, end of year
- $6,769,983
- Program services expenses (Part IX)
- $1,544,465
- Management and general expenses
- $253,501
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,544,465
Program services were 85.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$329,634
-
1f · All other contributions, gifts and grants
$508,477
-
2a · Program service revenue: LOAN INTEREST INCOME
total $871,203 · related or exempt $871,203
-
2b · Program service revenue: LENDING AND PROGRAM FE
total $55,698 · related or exempt $55,698
-
3 · Investment income
total $3,936 · excluded $3,936
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $192,444 · program services $192,444
-
7 · Other salaries and wages
total $534,969 · program services $534,969
-
9 · Other employee benefits
total $104,171 · program services $104,171
-
10 · Payroll taxes
total $65,449 · program services $65,449
-
11a · Fees: management
total $39,950 · management and general $39,950
-
11b · Fees: legal
total $20,619 · management and general $20,619
-
11c · Fees: accounting
total $6,314 · program services $6,314
-
11g · Fees: other
total $179,638 · program services $136,059 · management and general $43,579
-
12 · Advertising and promotion
total $45,471 · program services $39,587 · management and general $5,884
-
13 · Office expenses
total $15,081 · program services $8,352 · management and general $6,729
-
14 · Information technology
total $44,982 · program services $44,982
-
16 · Occupancy
total $51,399 · program services $49,619 · management and general $1,780
-
17 · Travel
total $17,016 · program services $8,928 · management and general $8,088
-
19 · Conferences, conventions and meetings
total $5,933 · management and general $5,933
-
20 · Interest
total $82,751 · program services $82,751
-
22 · Depreciation, depletion and amortization
total $11,526 · management and general $11,526
-
23 · Insurance
total $14,168 · program services $13,550 · management and general $618
-
24a · Other expenses: LOAN LOSS RESERVE ADJUS
total $255,291 · program services $255,291
-
24b · Other expenses: DUES AND FEES
total $64,683 · program services $1,926 · management and general $62,757
-
24c · Other expenses: OTHER EXPENSES
total $46,111 · program services $73 · management and general $46,038
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,818,699 · end of year $3,142,428
-
3 · Pledges and grants receivable
beginning of year $194,280 · end of year $31,630
-
4 · Accounts receivable
beginning of year $3,565 · end of year $1,329
-
7 · Other notes and loans receivable
beginning of year $7,808,835 · end of year $8,481,865
-
9 · Prepaid expenses and deferred charges
beginning of year $33,778 · end of year $29,554
-
10a · Land, buildings and equipment: cost or other basis
$55,089
-
10b · Land, buildings and equipment: accumulated depreciation
$7,346
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $47,743
-
13 · Investments: program-related
beginning of year $30,405 · end of year $30,405
-
14 · Intangible assets
end of year $45,994
-
15 · Other assets
beginning of year $170,377 · end of year $119,984
-
17 · Accounts payable and accrued expenses
beginning of year $259,305 · end of year $370,331
-
21 · Escrow or custodial account liability
beginning of year $20,000 · end of year $20,000
-
23 · Secured mortgages and notes payable
beginning of year $3,836,598 · end of year $4,650,634
-
25 · Other liabilities
beginning of year $145,035 · end of year $119,984
-
27 · Net assets without donor restrictions
beginning of year $6,737,555 · end of year $6,741,872
-
28 · Net assets with donor restrictions
beginning of year $61,446 · end of year $28,111
Mission and programs · 2024
Mission
COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. TREASURY DEPARTMENT WORKING TO GROW AND STRENGTHEN THE REGIONAL ECONOMY BY STRENGTHENING LOCAL BUSINESSES AND COMMUNITY ORGANIZATIONS IN WESTERN AND CENTRAL MASSACHUSETTS. COMMON CAPITAL, INC. PROVIDES BUSINESS LOANS AND TECHNICAL ASSISTANCE TO HELP BUSINESS OWNERS AND ORGANIZATIONS ESTABLISH AND GROW IN ORDER TO IMPROVE INCOME LEVELS, EXPAND JOB OPPORTUNITIES, AND STRENGTHEN THE LOCAL COMMUNITIES. COMMON CAPUTAL, INC. ALSO PROVIDES DIRECT ACCESS TO ALTERNATIVE FINANCING SOURCES AND PREDOMINATELY SERVES ECONOMICALLY-DISTRESSED, LOW-WEALTH COMMUNITIES.
Activities or mission (Part I)
COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, CERTIFIED BY THE U.S. TREASURY DEPARTMENT, WORKING TO IMPROVE THE REGIONAL ECONOMY.
-
PROVIDES BUSINESS LOANS AND TECHNICAL ASSISTANCE TO HELP BUSINESS OWNERS AND ORGANIZATIONS ESTABLISH AND GROW IN ORDER TO IMPROVE INCOME LEVELS, EXPAND JOB OPPORTUNITIES AND STRENGTHEN THE LOCAL COMMUNITIES. ALSO PROVIDES DIRECT ACCESS TO ALTERNATIVE FINANCING SOURCES.
Expenses $1,544,465 · Revenue $926,901
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
James HicksonJAMES HICKSON
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Linda DunlavyLINDA DUNLAVY
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
Pascale DesirPASCALE DESIR
ASSISTANT CLERK
- Total calculated
- $174,335
- From this org
- $0
- From related orgs
- $163,578
- Other
- $10,757
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $163,578 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $3,967 related
- Nontaxable benefits
- $0 + $6,790 related
- Filer's total
- $0 + $174,335 related
-
Leonard UnderwoodLEONARD UNDERWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jodi Rathbun-BriggsJODI RATHBUN-BRIGGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard SullivanRICHARD SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diane SmithDIANE SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jay LeonardJAY LEONARD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Keith FaireyKEITH FAIREY
VICE CHAIR
- Total calculated
- $261,751
- From this org
- $0
- From related orgs
- $234,175
- Other
- $27,576
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $234,175 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $6,031 related
- Nontaxable benefits
- $0 + $21,545 related
- Filer's total
- $0 + $261,751 related
-
Jonathan DaenJONATHAN DAEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Raymond Lanza-WeilRAYMOND LANZA-WEIL
CEO
- Total calculated
- $167,627
- From this org
- $150,051
- From related orgs
- $0
- Other
- $17,576
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $150,051
- Bonus
- $0
- Other
- $0
- Deferred
- $4,637
- Nontaxable benefits
- $12,939
- Filer's total
- $167,627
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
WAY FINDERS INC
501(C)(3) · AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT · MA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601319349302145
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.