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Mce Social Capital

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

EIN: 203154063 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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?

Mce Social Capital's revenue in 2022 was $11,604,034.


Official website here: www.mcesocap.org

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)
  • Compensation: $244,730
  • Related: $0
  • Other: $19,354

    • Catherine Covington (Man Dir & Chief Bus Dev Officer)
  • Compensation: $152,507
  • Related: $0
  • Other: $21,556

    • Genevieve R Llamzon (General Counsel & Coo)
  • Compensation: $159,713
  • Related: $0
  • Other: $13,173

    • Marcia Myers (Managing Dir. & Cfo)
  • Compensation: $126,467
  • Related: $0
  • Other: $18,114

    • Carolyn Han (Investment Manager)
  • Compensation: $107,399
  • Related: $0
  • Other: $10,162

    • Wendy Turman (Managing Dir. & Cfo (Thru 6/22))
  • Compensation: $86,750
  • Related: $0
  • Other: $15,973

    • Elena Pons (Managing Director & Cio)
  • Compensation: $100,133
  • Related: $0
  • Other: $0

    • Pierre Berard (Managing Dir. & Cio (Thru 6/22))
  • Compensation: $80,916
  • Related: $0
  • Other: $9,332

    • Gary Ford (Chairman Of The Bod) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Carnahan (Board Member, Treasurer & Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ayesha Wagle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Brunner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Mccallum (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Chu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Davidson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Ayliffe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Morales (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kanini Mutooni (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Ansara (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Devere (Board Member (Thru 12/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leah Bradford Francis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg Stallard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Swanson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond J Dunn Jay Dunn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sayuri Sharper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Way (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Taylor (Senior Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • 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.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $123,405
  • Program Service Revenue: $4,517,400
  • Gross Receipts: $39,632,352

    • Assets and Liabilities:
  • Total Assets: $77,753,967
  • Total Liabilities: $68,848,672
  • Net Assets: $8,905,295
  • 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

    Principal Officer

    Gary Ford

    Main Address

    5758 GEARY BLVD 261, SAN FRANCISCO, CA, 94121

    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.