Public Charity

TMC COMMUNITY CAPITAL

TMC COMMUNITY CAPITAL is a Public Charity headquartered in OAKLAND, CA. Financial data from the 2024 filing: $2.9M revenue, $2.6M expenses, $5.9M total assets. 19 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.

EIN: 825204018 OAKLAND, CA Latest filing: 2024
Total Revenue$2.9M
Total Expenses$2.6M
Total Assets$5.9M
Grant Records19
Funding Total$2.6M
Filing Years2020–2024

Mission

TMC COMMUNITY CAPITAL'S PURPOSE IS TO ASSIST UNDERSERVED ENTREPRENEURS IN THE STATE OF CALIFORNIA BY PROVIDING THEM WITH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE AND RESOURCES TO SUCCESSFULLY START AND GROW A BUSINESS. TMC COMMUNITY CAPITAL SUPPORTS MICROENTERPRISE GROWTH AS A STRATEGY TO STRENGTHEN THE LOCAL ECONOMY, CREATE JOBS, AND BUILD STRONG COMMUNITIES. THE ORGANIZATION PROVIDES THE FOLLOWING SERVICES: MICROLOANS/SMALL BUSINESS LOANS OF $5,000 TO $50,000 THROUGHOUT THE STATE OF CALIFORNIA. TECHNICAL ASSISTANCE (BUSINESS COACHING, ADVISING, EDUCATION AND MENTORING). REFERRALS FOR FREE AND LOW-COST BUSINESS RESOURCES. EDUCATIONAL PRESENTATIONS ON ACCESS TO CAPITAL.

Officers & Directors

DIRECTOR Barabara Morrison
PRESIDENT & CEO Daniel Fernandez
DIRECTOR Darcy Mackay
DIRECTOR Jermaine Mcmihelk
SECRETARY Jing Cao
DIRECTOR Joyce Sloss

Officer compensation and complete director data available with membership.

Top Grant Purposes

WORKING CAPITAL & GRANT PROGRAM
$1,200,000 4 grants
Community Development
$350,000 2 grants
For grant recipient's exempt purposes
$280,000 2 grants
ASSISTANCE WITH ONLINE FINANCING
$175,000 1 grant
WORKING CAPITAL
$150,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.9M $2.6M $5.9M
2023 $2.4M $1.9M $5.3M
2022 $1.2M $1.1M $2.9M
2021 $1.4M $1.1M $1.0M
2020 $1.1M $1.0M $418K

Between 2020 and 2024, reported annual revenue grew from $1.1M to $2.9M (+170%), with total assets most recently reported at $5.9M.

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

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