National Coalition For Community Capital - Nc3
- Assets
- $55.9k
- Revenue
- $108.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Sacremento, CA
- Founding
- Data as of
- 12/2022
- EIN
- 82-4122089
Organization Overview
National Coalition For Community Capital - Nc3 is located in Sacremento, CA. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Coalition For Community Capital - Nc3 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NC3S MISSION IS TO DEMOCRATIZE FINANCIAL SYSTEMS, WHERE EMPOWERED CITIZEN INVESTORS CATALYZE THE GROWTH OF LOCALLY-ROOTED VENTURES CREATING ECONOMIC OPPORTUNITY FOR ALL. WE ARE ESPECIALLY COMMITTED TO THE INTENTIONAL INCLUSION OF COMMUNITIES AND ENTREPRENEURS HISTORICALLY EXCLUDED DUE TO CLASS, RACE, ETHNICITY, GENDER, OR SEXUAL ORIENTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE YEAR ENDED DECEMBER 31, 2022 NATIONAL COALITION FOR COMMUNITY CAPITAL-NC3 OPERATED THE FOLLOWING PROGRAMS:HOSTED A EDUCATIONAL PROGRAM WITH RUTGERS UNIVERSITY ON CROWDFUNDING FOR BLACK ANDLATINX ENTREPRENEURS.EDUCATED OVER 100 PARTICIPANTS THROUGH COMMUNITY CAPITAL SUMMER WEBINARS ON THEBASICS OF COMMUNITY INVESTING.LAUNCHED THE COMMUNITY CAPITAL TOOLBOX, A FREE EDUCATIONAL TOOL TO DEMONSTRATE THEMETHODS OF COMMUNITY CAPITAL AVAILABLE FOR ACTIVISTS AND ENTREPRENEURS.PUBLISHED THE TECHNICAL ASSISTANCE DIRECTORY, A RESOURCE TO CONNECT COMMUNITY CAPITAL ACTIVISTS WITH EXPERT ADVICE.RAN MONTANA LOCAL INVESTING 101 WITH MICHAEL SHUMAN, A ONE-MONTH COURSE ON LOCALINVESTING BASICS FOR 43 REGISTRANTS.UPDATED THE LOCAL INVESTING RESOURCE CENTER TO INCLUDE VIDEO CONTENT, LEGAL TEMPLATES FOR LOCAL INVESTING CLUBS, AND A BUSINESS-FACING WORKBOOK.LAUNCHED THE COMMUNITY CAPITAL ACCELERATOR, A PROGRAM TO CONNECT COMMUNITY CAPITALBUILDERS WITH TAILORED SUPPORT ON THEIR PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Miller Chairman | OfficerTrustee | 2 | $0 |
Cameron Rhudy Vice Chair/trs | OfficerTrustee | 2 | $0 |
Katharine Czarnecki Merritt Asst. Treasurer | OfficerTrustee | 2 | $0 |
Brian Beckon Secretary | OfficerTrustee | 2 | $0 |
Samantha Ruiz Director | Trustee | 1 | $0 |
Eric Davis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,888 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,638 |
| Total Program Service Revenue | $15,344 |
| Investment income | $32 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,514 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,996 |
| Pension plan accruals and contributions | $4,590 |
| Other employee benefits | $322 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,264 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,874 |
| Advertising and promotion | $100 |
| Office expenses | $0 |
| Information technology | $6,145 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,208 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $255 |
| All other expenses | $64 |
| Total functional expenses | $96,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,652 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $225 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $55,877 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $42,036 |
| Net assets with donor restrictions | $13,841 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $55,877 |