Overview
What is Mce Social Capital?
Mce Social Capital is a nonprofit organization situated in San Francisco, California. With a mission to create economic opportunities for underserved communities globally, particularly focusing on women and families, they invest capital in enterprises committed to generating sustainable livelihoods. In 2022, they issued a combined $40.3 million in new loans to 28 financial service providers and small businesses, expanding their total outstanding portfolio of loans to $64.5 million, held by 50 financial service providers and small businesses. These loans support the development of businesses and social enterprises in 32 countries worldwide, demonstrating their significant impact on a global scale. With a team of 19 dedicated individuals, Mce Social Capital continues to contribute to economic growth and empowerment in underprivileged communities.
Official website here: www.mcesocap.org
Is Mce Social Capital legitimate?
Mce Social Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mce Social Capital 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: $1,072,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,052,055
For more financial information, click here
Official website here: www.mcesocap.org
What is the mission statement of Mce Social Capital?
MCE Social Capital's mission is focused on creating economic opportunities for underserved communities, specifically women and families, on a global scale. The organization achieves this by investing capital into enterprises committed to generating sustainable livelihoods. By providing loans to financial service providers and small businesses, MCE Social Capital supports the development of businesses and social enterprises in 32 countries worldwide, thereby contributing to the betterment of lives in the developing world. Since its inception in 2006, MCE has financed loans in 65 countries, demonstrating its long-term commitment to this cause.
Official website here: www.mcesocap.org
Who is the CEO of Mce Social Capital?
Gary Ford is the Chairman Of The Bod of Mce Social Capital. The CEO's salary of Mce Social Capital is $244,730 and their total compensation is $264,084.
Official website here: www.mcesocap.org
What is the revenue of Mce Social Capital?
Who are the executives of Mce Social Capital and what are their salaries?
The average compensation at Mce Social Capital during 2022 was $111,824. There are 19 employees and 32 volunteers at Mce Social Capital.
Here are 27 key members and their salaries (Mce Social Capital's CEO's salary is $244,730 and their total compensation is $264,084):
- Camilla Nestor (Ceo)
- Catherine Covington (Man Dir & Chief Bus Dev Officer)
- Genevieve R Llamzon (General Counsel & Coo)
- Marcia Myers (Managing Dir. & Cfo)
- Carolyn Han (Investment Manager)
- Wendy Turman (Managing Dir. & Cfo (Thru 6/22))
- Elena Pons (Managing Director & Cio)
- Pierre Berard (Managing Dir. & Cio (Thru 6/22))
- Gary Ford (Chairman Of The Bod) [Trustee/Director]
- Kevin Carnahan (Board Member, Treasurer & Secretary) [Trustee/Director]
- Ayesha Wagle (Board Member) [Trustee/Director]
- Dan Brunner (Board Member) [Trustee/Director]
- Eric Mccallum (Board Member) [Trustee/Director]
- Jim Chu (Board Member) [Trustee/Director]
- Jim Davidson (Board Member) [Trustee/Director]
- John Ayliffe (Board Member) [Trustee/Director]
- Justin Morales (Board Member) [Trustee/Director]
- Kanini Mutooni (Board Member) [Trustee/Director]
- Karen Ansara (Board Member) [Trustee/Director]
- Laura Devere (Board Member (Thru 12/22)) [Trustee/Director]
- Leah Bradford Francis (Board Member) [Trustee/Director]
- Meg Stallard (Board Member) [Trustee/Director]
- Nancy Swanson (Board Member) [Trustee/Director]
- Raymond J Dunn Jay Dunn (Board Member) [Trustee/Director]
- Sayuri Sharper (Board Member) [Trustee/Director]
- William Way (Board Member) [Trustee/Director]
- Robert Taylor (Senior Advisor)
Official website here: www.mcesocap.org
Where can I find the form 990 for Mce Social Capital?
The Mce Social Capital’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mcesocap.org
Learn more at the official website: www.mcesocap.org
Mission Statement of Mce Social Capital
MCE Social Capital, a nonprofit organization, is dedicated to creating economic opportunities for women and families residing in underserved communities globally. Their mission is to invest capital in enterprises that are committed to generating sustainable livelihoods. By providing financing to financial service providers and small businesses, MCE Social Capital aims to foster the growth of businesses and social enterprises in 32 countries worldwide. Since its inception in 2006, the organization has disbursed loans to a total of 114 financial service providers (FSPs) and 32 small and growing businesses (SGBs) in 65 countries, contributing significantly to the development of these communities.
Impact
This information is meant to be a general summary of Mce Social Capital. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
MCE Social Capital's impact is significant in generating economic opportunities for women and families in underserved communities throughout the developing world. In 2022 alone, MCE invested $40.3 million in new loans to 28 financial service providers and small and growing businesses. The total outstanding portfolio of loans by the end of the year was $64.5 million, benefiting 50 FSPs and SGBs. This capital is instrumental in supporting the development of businesses and social enterprises in 32 countries worldwide. Since its inception in 2006, MCE has financed loans for over 100 financial service providers and small and growing businesses in 65 countries, making a tangible difference in community improvement.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINANCIAL SERVICE PROVIDER LOANS
Revenue
$3,704,139
SMALL GROWING BUSINESS LOANS
Revenue
$813,261
Organization Details
Founding Year
2005
Phone
(415) 230-4330
Principal Officer
Gary Ford
Main Address
5758 GEARY BLVD 261, SAN FRANCISCO, CA, 94121
Website
www.mcesocap.org
NTEE Category
Code: S43 - Community improvement
If you are a representative of Mce Social Capital and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.