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Community Capital Corporation

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

EIN: 522332161 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Community Capital Corporation?

Community Capital Corporation is a nonprofit organization situated in Washington, D.C., specifically at 514 V Street NE. Its primary role is to support and aid its affiliated organization, Carlos Rosario International Public Charter School. This school serves the immigrant community in Washington, D.C., through various charitable and educational programs and activities, aligning with the institution's mission and objectives. The Community Capital Corporation receives, manages, and distributes funds for charitable and educational purposes, primarily benefiting Carlos Rosario International Public Charter School. With a team of 15 dedicated individuals, the organization works to enhance the educational opportunities and resources available to the immigrant community.

Is Community Capital Corporation legitimate?

Community Capital Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Capital Corporation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $177,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $862,285

For more financial information, click here

What is the mission statement of Community Capital Corporation?

The Community Capital Corporation exists to receive, administer, and expend funds for charitable and educational purposes, specifically supporting the mission and goals of its backed organization, Carlos Rosario International Public Charter School. The organization's primary objective is to provide support and services, such as facility operation, to the school, which serves the immigrant community in Washington, D.C., through charitable and educational programs and activities, aligning with the school's mission and goals. The Community Capital Corporation's role is crucial in contributing to the school's mission of providing opportunities for the immigrant community.

What is the revenue of Community Capital Corporation?

Community Capital Corporation's revenue in 2024 was $5,864,467.

Who are the executives of Community Capital Corporation and what are their salaries?

The average compensation at Community Capital Corporation during 2024 was $74,239. There are 14 employees and 3 volunteers at Community Capital Corporation.

Here are 6 key members and their salaries:


Allison R Kokkoros (Member/Ex Officio)
  • Compensation: $0
  • Related: $216,524
  • Other: $34,827
Carmen Ramirez (Executive Dir/Member/Ex Officio)
  • Compensation: $169,549
  • Related: $0
  • Other: $27,699
Ana Harvey (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Torres (Member, Secretary, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vilma Rosario (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Asbury (Buidling Operations Manager)
  • Compensation: $137,327
  • Related: $0
  • Other: $37,501
Where can I find the form 990 for Community Capital Corporation?

Community Capital Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Community Capital Corporation

Community Capital Corporation is a non-profit organization that is committed to supporting the charitable and educational purposes of Carlos Rosario International Public Charter School. The organization's mission is to administer and expend funds in a manner that aligns with the mission and goals of the school. This school serves the immigrant community in Washington, DC, providing them with various charitable and educational programs and activities. Community Capital Corporation provides support and services, including facility operation, to ensure the smooth functioning of the school and its mission. The organization's primary objective is to contribute to the betterment of the immigrant community in Washington, DC, through the activities and programs of Carlos Rosario International Public Charter School.

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Impact




October, 2024

Community Capital Corporation plays a significant role in enhancing educational opportunities for the immigrant community in Washington, DC, primarily through its support of Carlos Rosario International Public Charter School. By receiving, administering, and expending funds for charitable and educational purposes, it provides vital resources that enable the school to operate effectively.

The corporation's impact is multifaceted. It facilitates the provision of essential services and supports programs that cater to the unique needs of immigrants, helping them to integrate into society and improve their quality of life. This support encompasses operational assistance for facilities, ensuring that the educational environment is conducive to learning.

Through its focused efforts, Community Capital Corporation not only enriches the educational landscape but also empowers individuals within the immigrant community, enabling them to pursue their goals and aspirations. Its commitment to fostering a supportive and resource-rich environment reflects a broader dedication to uplifting underrepresented populations and contributing to their successful integration into the fabric of the community.




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


Financials

This financial information is from Propublica.

Revenue
$5,864,467 (2024)
Expenses
$5,151,784 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $133,172
  • Program Service Revenue: $5,726,270
  • Gross Receipts: $5,864,467

Assets and Liabilities:

  • Total Assets: $22,525,452
  • Total Liabilities: $5,225,826
  • Net Assets: $17,299,626

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Programs

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

LEASE INCOME

Revenue

$5,726,270

Organization Details

Founding Year

2001

Principal Officer

Carmen C Ramirez

NTEE Category

Code: B11 - Education

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