First Community Capital Inc
- Assets
- $107.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Temecula, CA
- Founding
- Data as of
- 06/2021
- EIN
- 84-3804891
Organization Overview
First Community Capital Inc is located in Temecula, CA. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Community Capital Inc 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 06/2021, First Community Capital Inc generated $68.6k in total revenue. All expenses for the organization totaled $34.0k during the year ending 06/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WHEN THE HEALTH AND ECONOMIC DISASTER OF COVID-19 HIT OUR SMALL BUSINESSES, FCC SWIFTLY RESPONDED TO THEIR CRITICAL NEEDS. THROUGH THE US SMALL BUSINESS ADMINISTRATION (SBA) ECONOMIC INJURY DISASTER LOAN (EIDL) PROGRAM, FCC HAS HELPED OVER 65 MICROENTERPRISES SECURE LOANS TO FUND THEIR BUSINESS OPERATIONS THROUGH THE PANDEMIC TO SURVIVE UNTIL THE CRISIS HAS PASSED. IN ADDITION, FCC HAS MADE DIRECT LOANS SPECIFICALLY TO MINORITY-OWNED MICROBUSINESSES WHO DID NOT QUALIFY FOR THE SBA EIDL LOAN AND WOULD HAVE OTHERWISE BEEN LEFT WITHOUT FINANCIAL ASSISTANCE AND FORCED TO CLOSE THEIR BUSINESSES, LIKELY TO NEVER REOPEN. IN THE NEXT 12-18 MONTHS, FCC IS POISED TO RAISE ITS PROFILE AS A LEADING RESOURCE OF CREATIVE CAPITAL AND CAPACITY BUILDING FOR EQUITABLE ECONOMIC DEVELOPMENT THROUGHOUT THE COUNTIES OF SOUTHERN CALIFORNIA.
WHEN THE HEALTH AND ECONOMIC DISASTER OF COVID-19 HIT OUR SMALL BUSINESSES, FCC SWIFTLY RESPONDED TO THEIR CRITICAL NEEDS. THROUGH THE US SMALL BUSINESS ADMINISTRATION (SBA) ECONOMIC INJURY DISASTER LOAN (EIDL) PROGRAM, FCC HAS HELPED OVER 65 MICROENTERPRISES SECURE LOANS TO FUND THEIR BUSINESS OPERATIONS THROUGH THE PANDEMIC TO SURVIVE UNTIL THE CRISIS HAS PASSED. IN ADDITION, FCC HAS MADE DIRECT LOANS SPECIFICALLY TO MINORITY-OWNED MICROBUSINESSES WHO DID NOT QUALIFY FOR THE SBA EIDL LOAN AND WOULD HAVE OTHERWISE BEEN LEFT WITHOUT FINANCIAL ASSISTANCE AND FORCED TO CLOSE THEIR BUSINESSES, LIKELY TO NEVER REOPEN. IN THE NEXT 12-18 MONTHS, FCC IS POISED TO RAISE ITS PROFILE AS A LEADING RESOURCE OF CREATIVE CAPITAL AND CAPACITY BUILDING FOR EQUITABLE ECONOMIC DEVELOPMENT THROUGHOUT THE COUNTIES OF SOUTHERN CALIFORNIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Mccoy Treasurer | 2 | $0 | |
Mark Davis Director | 2 | $0 | |
Fatimoh Muhammed Director | 2 | $0 | |
Tchaidor Jay Diallo President & CEO | 40 | $0 | |
Edward Johnson Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,479 |
| Total Program Service Revenue | $5,164 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,643 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $15,327 |
| Occupancy, rent, utilities, and maintenance | $430 |
| Printing, publications, postage, and shipping | $1,432 |
| Other expenses | $16,793 |
| Total expenses | $33,982 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,742 |
| Other assets | $0 |
| Total assets | $107,793 |
| Total liabilities | $102,500 |
| Net assets or fund balances | $5,293 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that First Community Capital Inc has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
California Association For Microenterprise Opportunity San Francisco, CA PURPOSE: LLR Grant | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Alliance For Jobs Sacramento, CA | $6,038,417 | $3,530,973 |
San Francisco Apartment Association San Francisco, CA | $2,302,341 | $1,784,441 |
Him For Her Inc Oakland, CA | $1,716,312 | $2,511,922 |
Smacna Columbia Chapter Portland, OR | $2,111,957 | $1,356,476 |
Voz Workers Rights Education Project Portland, OR | $1,004,281 | $955,718 |
Committee On Jobs San Francisco, CA | $1,464,807 | $693,718 |
Interfaith Movement For Human Integrity Oakland, CA | $1,176,689 | $898,241 |
Cfa Society Of Los Angeles Incorporated Sherman Oaks, CA | $2,450,980 | $767,466 |
California Alarm Association Woodland Hills, CA | $122,258 | $604,649 |
Escrow Institute Of California San Diego, CA | $374,060 | $203,963 |
Douglas Timber Operators Roseburg, OR | $207,125 | $271,097 |
Cyber Proud Inc Sacramento, CA | $104,146 | $339,581 |