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Cape & Islands Community Community Development Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043286347 ✦ Centerville, MA ✦ Designated as a 501(c)(3)

Overview

What is Cape & Islands Community Community Development Inc?

Cape & Islands Community Community Development Inc, based in Centerville, Massachusetts, is a nonprofit organization committed to supporting small business owners in the state. They achieve this goal by administering loan programs and providing technical assistance, leveraging funding from various federal sources such as the USDA Intermediary Relending Program (IRP), USDA Rural Microentrepreneur (RMAP), and the U.S. Treasury Community Development Financial Institutions Fund (CDFI). With a team of five dedicated individuals, they strive to empower local entrepreneurs and contribute to the economic growth of Massachusetts.


Official website here: www.coastalcommunitycapital.org

Is Cape & Islands Community Community Development Inc legitimate?

Cape & Islands Community Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape & Islands Community Community Development Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $695,894

For more financial information, click here


Official website here: www.coastalcommunitycapital.org

What is the mission statement of Cape & Islands Community Community Development Inc?

Cape & Islands Community Community Development Inc's mission is centered around providing financial aid and technical assistance to small business owners in Massachusetts. They accomplish this by utilizing federal funds from various programs such as the USDA Intermediary Relending Program (IRP), USDA Rural Microentrepreneur (RMAP), and the U.S Treasury Community Development Financial Institutions Fund (CDFI). Their primary goal is to support these small businesses in their growth and development. They administer loan programs and offer technical assistance to help these entrepreneurs navigate the challenges of running a small business.


Official website here: www.coastalcommunitycapital.org

Who is the CEO of Cape & Islands Community Community Development Inc?

Jeannine Marshall is the Chair of Cape & Islands Community Community Development Inc.


Official website here: www.coastalcommunitycapital.org

What is the revenue of Cape & Islands Community Community Development Inc?

Cape & Islands Community Community Development Inc's revenue in 2023 was $2,234,340.


Official website here: www.coastalcommunitycapital.org

Who are the executives of Cape & Islands Community Community Development Inc and what are their salaries?

The average compensation at Cape & Islands Community Community Development Inc during 2023 was $139,179. There are 5 employees at Cape & Islands Community Community Development Inc.

Here are 10 key members and their salaries:

    Jeannine Marshall (President)
  • Compensation: $266,827
  • Related: $0
  • Other: $9,848

    • Peter Smith (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Giancola (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Harper (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Murphy (Assistant Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Sexton (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Augustinho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marlyn Agulnick-House (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelley Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Rodolakis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.coastalcommunitycapital.org

    Where can I find the form 990 for Cape & Islands Community Community Development Inc?

    The Cape & Islands Community Community Development Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.coastalcommunitycapital.org

    Learn more at the official website: www.coastalcommunitycapital.org

    Mission Statement of Cape & Islands Community Community Development Inc

    Cape & Islands Community Community Development Inc is committed to providing loans and technical assistance to small business owners in Massachusetts. Utilizing federal funds from the USDA Intermediary Relending Program (IRP), USDA Rural Microentrepreneur (RMAP), and the U.S. Treasury Community Development Financial Institutions Fund (CDFI), this nonprofit organization aims to support the growth and success of small businesses within the state. By administering loan programs and offering technical assistance, Cape & Islands Community Community Development Inc seeks to empower entrepreneurs, fostering a thriving business environment and contributing to the local economy.

    Impact

    This information is meant to be a general summary of Cape & Islands Community Community Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Cape & Islands Community Development Inc's impact is evident in the support and empowerment it provides to small business owners in Massachusetts. By administering loan programs and offering technical assistance, the organization plays a crucial role in fostering economic growth and sustainability within local communities. Through the utilization of federal funds from programs like the USDA Intermediary Relending Program, USDA Rural Microentrepreneur initiative, and U.S. Treasury Community Development Financial Institutions Fund, Cape & Islands Community Development Inc enables entrepreneurs to access the resources they need to thrive. In this way, the organization contributes to the overall improvement and development of the community, creating opportunities for business success and financial stability.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $51,403
  • Program Service Revenue: $832,947
  • Gross Receipts: $2,234,340

    • Assets and Liabilities:
  • Total Assets: $12,164,504
  • Total Liabilities: $4,880,410
  • Net Assets: $7,284,094
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FEE INCOME

    Revenue

    $832,947

    Organization Details

    Founding Year

    1995

    Principal Officer

    Jeannine Marshall

    Main Address

    5 PATTI PAGE WAY B, CENTERVILLE, MA, 02632

    NTEE Category

    Code: S30 - Community improvement

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