Community Capital Fund
- Assets
- $1.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 45-4561134
Organization Overview
Community Capital Fund is located in Kansas City, MO. The organization was established in 2013. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Capital Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Community Capital Fund generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Capital Fund has awarded 42 individual grants totaling $498,048. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE GRANTS, TECHNICAL ASSISTANCE, AND COACHING TO SUPPORT UNDER-RESOURCED NEIGHBORHOODS AND BUSINESSES IN THE GREATER KANSAS CITY METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE AIDED INDIVIDUALS AND SMALL BUSINESS THROUGH PAYMENT OF RENT, UTILITIES, FOOD AND TRANSPORATION ASSISTANCE CAUSED BY COVID-19. WE SUPPORTED 202 HOUSEHOLDS AND 7 LOW TO MODERATE INCOME NEIGHBORHOOD COMMUNITY STABILIZATION EFFORTS. WE ALSO SUPPORTED LOCAL GOVERNMENT WITH THE GRANT MAKING EFFORTS IN RESPONSE TO COVID-19. 56 BUSINESSES RECEIVED APPROXIMATELY 460,000 IN GRANTS TO COVER THEIR RENT OBLIGATIONS. 64 OF AWARDS WENT TO LOCAL LANDLORDS AND MORTGAGE COMPANIES. 38 OF BUSINESS OWNERS WERE MINORITIES OWNED BUSINESSES AND 47 WERE FEMALE OWNED BUSINESSES.
THE ORGANIZATION PROVIDED GRANTS TO 40 AGENCIES FOR COMMUNITY PROJECTS AND NEIGHBORHOOD REVITALIZATION INITIATIVES THAT HELP BUILD STRONGER AND MORE EFFECTIVE NEIGHBORHOOD ORGRANIZATIONS IN LOW TO MODERATE INCOME AREAS THROUGHOUT THE GREATER KANSAS CITY REGION. SINCE 2015, WE HAVE AWARDED GRANTS TO NEIGHBORHOOD ORGANIZATIONS THROUGHOUT THE GREATER KANSAS CITY REGION TOTALLY 618,738. THESE GRANTS HAVE LEVERAGED 47,359 COMBINED VOLUNTEER HOURS AND HAVE ENGAGED 111,244 PARTICIPANTS RESIDENTS AND STAKEHOLDERS DURING THIS PERIOD.
THE ORGANIZATION SPONSORED WORKSHOPS FOR NEIGHBORHOOD, GOVERNMENT, AND NONPROFIT LEADERS, RESIDENTS, GRASSROOTS ACTIVISTS, AND OTHER COMMUNITY STAKEHOLDERS FROM BOTH KANSAS AND MISSOURI - A FREE OPPORTUNITY TO LEARN, COLLABORATE, AND BUILD NEW RELATIONSHIPS THAT SUPPORT COMMUNITY DEVELOPMENT. WE HAVE HOSTED THESE WORKSHOPS SINCED 2013.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruben Alonso III President | OfficerTrustee | 0.25 | $0 |
Phyllis Hardwick Executive Director | OfficerTrustee | 40 | $0 |
Lee Ann Piontek Vice President | OfficerTrustee | 0.25 | $0 |
Eze Redwood Secretary | OfficerTrustee | 0.25 | $0 |
Robert Givens Treasurer | OfficerTrustee | 0.25 | $0 |
Paige Strack Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $566,070 |
| All other contributions, gifts, grants, and similar amounts not included above | $832,446 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,398,516 |
| Total Program Service Revenue | $2,399 |
| Investment income | $45 |
| 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 | $1,400,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $654,873 |
| Grants and other assistance to domestic individuals. | $433,946 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $241,848 |
| Fees for services: Legal | $1,077 |
| Fees for services: Accounting | $12,147 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,139 |
| Office expenses | $11,097 |
| Information technology | $1,605 |
| Royalties | $0 |
| Occupancy | $450 |
| Travel | $144 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,443 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $793 |
| All other expenses | $2,519 |
| Total functional expenses | $1,368,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,493,316 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $675 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,497,991 |
| Accounts payable and accrued expenses | $131,518 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $227,505 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $165,000 |
| Other liabilities | $0 |
| Total liabilities | $524,023 |
| Net assets without donor restrictions | $973,968 |
| Net assets with donor restrictions | $0 |
| 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 | $1,497,991 |
Grants Awarded
Over the last fiscal year, Community Capital Fund has awarded $269,800 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
MAZOTA SOUTH LLC PURPOSE: COVID Relief | $10,000 |
TROPICAL ENTERPRISES II LLC PURPOSE: COVID Relief | $10,000 |
MILAGRO LLC PURPOSE: COVID Relief | $10,000 |
LIL GREEN BUFFALO LLC PURPOSE: COVID Relief | $10,000 |
PHYSIQUES LLC PURPOSE: COVID Relief | $10,000 |
EMILY HART INC PURPOSE: COVID Relief | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Community Capital Fund has recieved totaling $1,507,824.
| Awarding Organization | Amount |
|---|---|
Marion And Henry Bloch Family Foundation Kansas City, MO PURPOSE: CAPACITY BUILDING AND NEW PRODUCT DEVELOPMENT | $475,000 |
Marion And Henry Bloch Family Foundation Kansas City, MO PURPOSE: COMMUNITY GRANT | $375,000 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT FOR THE LAUNCH OF THE PROSPECT URBAN EATERY, A KITCHEN INCUBATOR PROVIDING ENTREPRENEURSHIP EDUCATION AND PROTOTYPING SUPPORT TO FOOD-BASED ENTREPRENEURS IN KANSAS CITY, MISSOURI. 202101-9851 | $150,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION | $125,000 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT FOR THE LAUNCH OF THE PROSPECT URBAN EATERY, A KITCHEN INCUBATOR PROVIDING ENTREPRENEURSHIP EDUCATION AND PROTOTYPING SUPPORT TO FOOD-BASED ENTREPRENEURS IN KANSAS CITY, MISSOURI. 202101-9851 | $100,000 |
Altcap Kansas City, MO PURPOSE: Working capital | $78,224 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Net Foundation For Television Lincoln, NE | $25,243,567 | $5,881,957 |
Allied Arts Of Oklahoma Inc Oklahoma City, OK | $9,236,321 | $5,698,295 |
Civic Center Foundation Oklahoma City, OK | $10,342,313 | $5,787,753 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Memphis Museums Inc Memphis, TN | $7,243,926 | $3,293,679 |
Artsbuild Chattanooga, TN | $20,819,407 | $7,133,514 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |
Richard & Ellen Sandor Art Foundation Chicago, IL | $0 | $3,100 |