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COMMON CAPITAL INC

EIN 22-3051402 SPRINGFIELD, MA

Largest nonprofits in Massachusetts

Revenue 2024
$1,768,948
Expenses 2024
$1,797,966

Program services were 85.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S430
Classification
1000
Street
1780 MAIN ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

6 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

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.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • James Hickson

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Linda Dunlavy

    CLERK

    Total calculated
    $0
    Hours/week
    1
  • Pascale 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 Underwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jodi Rathbun-Briggs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Diane Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jay Leonard

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Keith 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 Daen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Raymond 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,768,948
    Expenses
    $1,797,966
    Contributions
    $838,111
    Grants paid
    $0
  • 2023
    Revenue
    $1,109,925
    Expenses
    $1,565,634
    Contributions
    $453,625
    Grants paid
    $0
  • 2022
    Revenue
    $1,986,861
    Expenses
    $1,483,397
    Contributions
    $1,485,120
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $3,175,807
    Expenses
    $1,102,792
    Assets (EOY)
    $10,407,941
  • 2020 · 990

    Revenue
    $1,556,130
    Expenses
    $1,130,686
    Assets (EOY)
    $7,690,982
  • 2019 · 990

    Revenue
    $925,720
    Expenses
    $939,458
    Assets (EOY)
    $7,154,318
  • 2018 · 990

    Revenue
    $1,211,493
    Expenses
    $1,139,665
    Assets (EOY)
    $6,675,702
  • 2017 · 990

    Revenue
    $747,091
    Expenses
    $767,593
    Assets (EOY)
    $6,362,011

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

  • WAY FINDERS INC

    501(C)(3) · AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT · MA

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.