Mission
THE MISSION OF MICHIGAN COMMUNITY CAPITAL IS TO FACILITATE LOW-INCOME COMMUNITY INVESTMENT IN MICHIGAN. THESE INVESTMENTS WILL SPUR JOB CREATION AND ECONOMIC GROWTH IN LOW INCOME COMMUNITIES ACROSS THE STATE.
Public Charity
MICHIGAN COMMUNITY CAPITAL
MICHIGAN COMMUNITY CAPITAL is a Public Charity headquartered in LANSING, MI. Financial data from the 2024 filing: $9.7M revenue, $9.1M expenses, $74.9M total assets. 4 publicly reported grants to this organization, totaling roughly $2.5M, appear in IRS filings.
EIN: 331068719
LANSING, MI
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$9.7M
Total Expenses$9.1M
Total Assets$74.9M
Grant Records4
Funding Total$2.5M
Filing Years2019–2024
Where $100 goes at Michigan Community Capital
How Michigan Community Capital divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$88
Programs
the work itself
$12
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 $88 for programs
$77
Facilitating and managing investments in affordable housing and other non-nmtc community development projects
$11
Facilitating and managing all nmtc investments
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
TO PROMOTE ECONOMIC GROWTH, EMPLOYMENT AND DEVELOPMENT IN THE DOWNTOWN FLINT BUSINESS DISTRICT.
$1,180,000
PHILANTHROPY, VOLUNTEERISM AND GRANTMAKING FOUNDATIONS
$225,500
GENERAL OPERATING
$1,000,000
PROGRAM SUPPORT OF LOW-INCOME COMMUNITY INVESTMENT.
$75,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
CFO / COO
Adrianne Jenkins
DIRECTOR
Brad Heffner
DIR. OF PROPERTY MAINTENANCE
Brandon Miller
DIRECTOR
Doug Barcy
VP OF LENDING
Elisabeth Alexandrian
DIRECTOR
Elissa Sangalli
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $9.7M | $9.1M | $74.9M |
| 2023 | $6.7M | $7.2M | $66.8M |
| 2022 | $4.4M | $6.0M | $78.0M |
| 2020 | $3.7M | $2.7M | $46.9M |
| 2019 | $3.0M | $1.3M | $35.2M |
Between 2019 and 2024, reported annual revenue grew from $3.0M to $9.7M (+226%), with total assets most recently reported at $74.9M.
Interactive year-over-year charts and full filing details available with membership.