Public Charity

COMMON CAPITAL INC

COMMON CAPITAL INC, of SPRINGFIELD, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.8M in revenue, $1.8M in expenses, $11.9M in total assets. 8 publicly reported grants to this organization, totaling roughly $228K, appear in IRS filings.

EIN: 223051402 SPRINGFIELD, MA Small Business Development NTEE: S43 Latest filing: 2025
Total Revenue$1.8M
Total Expenses$1.8M
Total Assets$11.9M
Grant Records8
Funding Total$228K
Filing Years2021–2025

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.

Where $100 goes at Common Capital Inc

How Common Capital Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$78 Programs the work itself
$22 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $78 for programs

$78
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Diane Smith
CHAIR James Hickson
TREASURER Jay Leonard
DIRECTOR Jodi Rathbun-Briggs
DIRECTOR Jonathan Daen
VICE CHAIR Keith Fairey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$117,582 4 grants
Human & Social Services
$60,000 2 grants
Health & Medicine
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.8M $1.8M $11.9M
2024 $1.1M $1.6M $11.1M
2023 $2.0M $1.5M $11.0M
2022 $3.2M $1.1M $10.4M
2021 $1.6M $1.1M $7.7M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $1.8M (+14%), with total assets most recently reported at $11.9M.

Interactive year-over-year charts and full filing details available with membership.

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