Finance Fund Capital Corporation
Finance Fund Capital Corporation
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About this organization
Mission
Finance Fund Capital Corporation provides access to capital to promote development in low-income communities.
About
Finance Fund Capital Corporation offers a variety of different loan funds to form public-private partnerships by providing flexible financing that supports economic development and job creation in low-income communities. These loan funds and programs include the small business loan fund, community health load fund, healthy foods, and SBA community advantage loan programs.
Interesting data from their 2019 990 filing
The non-profit's aim, as stated in the filing, is “Finance fund capital corporation (fcap) is a nonprofit community development financial institution (cdfi) that forms public- private partnerships with financial institutions, investors, charitable foundations, community organizations and federal, state and local governments to provide flexible financing that supports economic development and job creation in low-income communities. fcap's borrowers include community-based nonprofit organizations and for profit businesses.”.
When referring to its actions, they were outlined as: “Finance fund capital corporation provides access to capital to promote development in low-income communities.”.
- The non-profit has complied with legal obligations by reporting their state of operation as OH.
- The non-profit's address in 2019 is noted in the filing as 175 SOUTH THIRD STREET NO 1200, COLUMBUS, OH, 43215.
- The non-profit's form for 2019 reports a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $3,656,935.
- The organization has 11 independent voting members.
- The organization was formed in 2014.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.