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. 6 publicly reported grants to this organization, totaling roughly $178K, appear in IRS filings.

EIN: 223051402 SPRINGFIELD, MA Latest filing: 2025
Total Revenue$1.8M
Total Expenses$1.8M
Total Assets$11.9M
Grant Records6
Funding Total$178K
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.

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

COVID-19 GRANT
$50,000 1 grant
GENERAL SUPPORT
$37,582 2 grants
GENERAL PURPOSE
$30,000 1 grant
HUMAN SERVICES
$30,000 1 grant
P: HUMAN SERVICES
$30,000 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.

See the full picture for COMMON CAPITAL INC

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