2025-05-13T12:09:42-05:00 2024-09-30 943108253 NOVOGRADAC & COMPANY LLP 1435 N MCDOWELL BLVD SUITE 350 PETALUMA CA 94954 990 2023-10-01 825204018 TMC COMMUNITY CAPITAL TMCC 4156555419 1611 TELEGRAPH 504 OAKLAND CA 94612 MIKE VANECEK CFO 4156555413 2025-05-13 1 1 LANCE SMITH P00696626 4152236144 2023 2025-03-06 01:10:19Z DANIEL FERNANDEZ 1611 TELEGRAPH 504 OAKLAND CA 94612 2855414 0 X WWW.TMCCOMMUNITYCAPITAL.ORG X 2018 CA TMC COMMUNITY CAPITAL'S PURPOSE IS TO ASSIST UNDERSERVED ENTREPRENEURS IN THE STATE OF CALIFORNIA BY PROVIDING THEM WITH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE AND RESOURCES TO SUCCESSFULLY START AND GROW A BUSINESS. 12 12 12 0 0 0 2156054 2357499 195771 497915 0 0 0 0 2351825 2855414 160000 0 0 0 992191 1502358 0 0 0 781726 1049046 1933917 2551404 417908 304010 5301238 5947225 4369632 4711609 931606 1235616 X TMC COMMUNITY CAPITAL'S PURPOSE IS TO ASSIST UNDERSERVED ENTREPRENEURS IN THE STATE OF CALIFORNIA BY PROVIDING THEM WITH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE AND RESOURCES TO SUCCESSFULLY START AND GROW A BUSINESS. TMC COMMUNITY CAPITAL SUPPORTS MICROENTERPRISE GROWTH AS A STRATEGY TO STRENGTHEN THE LOCAL ECONOMY, CREATE JOBS, AND BUILD STRONG COMMUNITIES. THE ORGANIZATION PROVIDES THE FOLLOWING SERVICES: MICROLOANS/SMALL BUSINESS LOANS OF $5,000 TO $50,000 THROUGHOUT THE STATE OF CALIFORNIA. TECHNICAL ASSISTANCE (BUSINESS COACHING, ADVISING, EDUCATION AND MENTORING). REFERRALS FOR FREE AND LOW-COST BUSINESS RESOURCES. EDUCATIONAL PRESENTATIONS ON ACCESS TO CAPITAL. 0 0 2111683 497915 MICROLOAN PROGRAM FOCUSES ON SERVING BUSINESSES THAT ARE TYPICALLY DISENFRANCHISED FROM TRADITIONAL LENDING, SUCH AS WOMEN BUSINESS OWNERS, MINORITY BUSINESS OWNERS AND BUSINESSES IN LOW-INCOME COMMUNITIES. THE ORGANIZATION PROVIDES OUTREACH TO CONNECT WITH POTENTIAL BORROWERS AND PROVIDES AN INTAKE ASSESSMENT THAT INCLUDES RESOURCE NAVIGATION AND A REFERRAL TO OTHER ORGANIZATIONS IF ADDITIONAL RESOURCES ARE NECESSARY. 2111683 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 CA X MICHAEL VANECEK 4156555413 1611 TELEGRAPH SUITE 504 OAKLAND CA 94612 BARABARA MORRISON DIRECTOR 1.00 X 0 0 0 KELLY LAROCCA DIRECTOR 1.00 X 0 0 0 JING CAO SECRETARY 1.00 X X 0 0 0 MARK HERBERT CHAIR 1.00 X X 0 0 0 JOYCE SLOSS DIRECTOR 1.00 X 0 0 0 DARCY MACKAY DIRECTOR 1.00 X 0 0 0 PAULA BAHAMON DIRECTOR 1.00 X 0 0 0 MONA AHMADI DIRECTOR 1.00 X 0 0 0 NORMA DUNN DIRECTOR 1.00 X 0 0 0 JERMAINE MCMIHELK DIRECTOR 1.00 X 0 0 0 MICHAEL VANECEK CFO 1.00 X 0 0 0 DANIEL FERNANDEZ PRESIDENT & CEO 40.00 X 182083 0 31982 MAYRA CONTRERAS LOPEZ DIRECTOR OF PARTNERSHIPS 40.00 X 113403 0 9031 VASANA LY PROGRAM DIRECTOR 40.00 X 170656 0 29619 466142 0 70632 3 0 1 0 0 650000 1707499 2357499 LOAN INCOME 900099 497915 497915 497915 2855414 497915 0 0 440115 320864 119251 823142 738294 84848 137617 115501 22116 101484 85145 16339 30898 30898 139103 139103 29078 29078 80368 73942 6426 40712 40712 53453 47574 5879 62827 62827 177253 177253 7668 7668 LOAN LOSS EXPENSE 180872 180872 EVENTS AND SPONSORSHIPS 176567 176567 ALL OTHER EXPENSE 44678 29817 14861 DEPRECIATION 10879 10879 14690 14690 2551404 2111683 439721 0 1663689 1815541 138750 570537 3450602 3409522 37291 40280 70135 32193 9706 37942 1200 73403 5301238 5947225 237632 366069 140000 101935 1500000 2500000 2492000 1743605 4369632 4711609 X 697606 675616 234000 560000 931606 1235616 5301238 5947225 304010 0 X 0 1 X 0 0 X 1050000 1183773 1118360 2156054 2357499 7865686 1050000 1183773 1118360 2156054 2357499 7865686 3441860 4423826 7865686 0.56240 0.45550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70135 32193 37942 37942 LOC PAYABLE 1680000 RIGHT-OF- USE LIABILITY- LEASES 63605 1743605 X 2716499 219210 219210 2497289 358125 358125 2855414 2412489 219210 219210 2193279 358125 358125 2551404 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701F OF THE CALIFORNIA REVNUE AND TAXATION CODE. ACCORDINGLY, THE ORGANIZATION HAS PAID NO INCOME TAXES. THE ORGANIZATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARDS ("FASB") ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ("ASC 740"). ASC 740 REQUIRES AN ORGANIZATION TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOAN LOSS EXEPENSE 180,872. INTEREST EXPENSE 177,253. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOAN LOSS EXPENSE 180,872. INTEREST EXPENSE 177,253. X 0 0 0 0 0 0 0 0 0 DANIEL FERNANDEZ PRESIDENT & CEO 182083 0 0 0 0 0 0 0 31982 0 214065 0 0 0 VASANA LY PROGRAM DIRECTOR 170656 0 0 0 0 0 22080 0 7539 0 200275 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A TMCCC EMPLOYEES ARE TECHNICALLY FOR W3 PURPOSES TRINET HR EMPLOYESS. TMC FINANCING AND TMC COMMUNITY CAPITAL USES ONE PAYROLL SYSTEM AND TMCCC REIMBURSES TMCF FOR PAYROLL AMOUNTS. FORM 990, PART VI, SECTION A, LINE 3 THERE IS A MASTER SERVICE AGREEMENT (MSA) BETWEEN TMC COMMUNITY CAPITAL AND TMC FININACING. THE MSA CREATES AN ADMINISTRATIVE COLLABORATION BETWEEN THE PARTIES TO SHARE CERTAIN OVERHEAD COSTS, INCLUDING BUT NOT LIMITED TO, FINANCE AND ACCOUNTING, HUMAN RESOURCES MANAGEMENT, AND OTHER ADMINISTRATIVE FUNCTIONS. TMC FINACING STAFF PROVIDING SUPPPORT TO TMC COMMUNITY CAPITAL VIA THE MSA AGREEMENT, PROVIDE SERVICES TO TMC COMMUNITY CAPITAL PRO BONO, IN-KIND SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15 YEAR END REVIEW PROCESS INCLUDES EVALUATION OF PERFORMANCE AND ANY COMPENSATION CHANGES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST