Overview
What is National Coalition For Community Capital Nc3?
National Coalition for Community Capital Nc3, based in Sacramento, California, is a forward-thinking nonprofit organization dedicated to democratizing financial systems. Their mission revolves around empowering citizen investors to foster the growth of local ventures, thereby promoting economic opportunities for all. During the year 2022, they hosted educational programs, conducted webinars, launched educational tools, and published resources to connect activists and entrepreneurs with expert advice. They are committed to inclusivity, focusing on historically marginalized communities due to socio-economic factors. Notably, they partnered with Rutgers University for a crowdfunding program for Black and Latinx entrepreneurs.
Official website here: www.nc3now.org
Is National Coalition For Community Capital Nc3 legitimate?
National Coalition For Community Capital Nc3 is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Coalition For Community Capital Nc3 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,996
For more financial information, click here
Official website here: www.nc3now.org
What is the mission statement of National Coalition For Community Capital Nc3?
National Coalition For Community Capital Nc3's mission is centered around democratizing financial systems. The organization aims to empower citizen investors, encouraging them to foster growth in locally-rooted ventures. This, in turn, creates economic opportunities for all, with a strong focus on historically marginalized communities and entrepreneurs, often excluded due to factors such as class, race, ethnicity, gender, or sexual orientation. In their mission, NC3 hosts educational programs, develops resources, and runs initiatives to promote community investing and connect activists with expert advice.
Official website here: www.nc3now.org
Who is the CEO of National Coalition For Community Capital Nc3?
Chris Miller is the Chairman of National Coalition For Community Capital Nc3.
Official website here: www.nc3now.org
What is the revenue of National Coalition For Community Capital Nc3?
National Coalition For Community Capital Nc3's revenue in 2022 was $108,514.
Official website here: www.nc3now.org
Who are the executives of National Coalition For Community Capital Nc3 and what are their salaries?
The average compensation at National Coalition For Community Capital Nc3 during 2022 was $59,996. There is 1 employee and 12 volunteers at National Coalition For Community Capital Nc3.
Here are 9 key members and their salaries:
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Official website here: www.nc3now.org
Where can I find the form 990 for National Coalition For Community Capital Nc3?
National Coalition For Community Capital Nc3's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nc3now.org
Learn more at the official website: www.nc3now.org
Mission Statement of National Coalition For Community Capital Nc3
The National Coalition For Community Capital Nc3 is dedicated to revolutionizing financial systems, with a focus on empowering everyday investors to stimulate the growth of locally-rooted businesses. This organization is particularly passionate about fostering economic opportunities for communities and entrepreneurs who have historically been marginalized due to factors such as socio-economic status, race, ethnicity, gender, or sexual orientation. By democratizing financial systems, Nc3 aims to catalyze the expansion of locally-rooted ventures, ultimately promoting economic equality for all.
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Impact
October, 2024
The National Coalition for Community Capital (NC3) has a significant impact on democratizing financial systems and creating economic opportunities for diverse communities. By empowering citizen investors, NC3 supports the growth of locally-rooted ventures, fostering a more inclusive economy.
In 2022, NC3 hosted educational programs in collaboration with institutions like Rutgers University to focus on crowdfunding for Black and Latinx entrepreneurs, enhancing accessibility to financial resources for historically marginalized groups. Through Community Capital Summer webinars, over 100 participants gained foundational knowledge about community investing, equipping them with the skills to engage meaningfully in their local economies.
The launch of the Community Capital Toolbox provided activists and entrepreneurs with essential techniques for community capital funding, while the Technical Assistance Directory facilitated connections between community capital advocates and expert advisors, ensuring that support is readily available.
Furthermore, the Montana Local Investing 101 course educated 43 registrants on local investing basics, illustrating NC3's commitment to grassroots financial education. The updated Local Investing Resource Center now offers a comprehensive array of resources, including video content and legal templates, enhancing the capacity of local investing clubs and businesses.
With initiatives like the Community Capital Accelerator, NC3 effectively connects builders of community capital with tailored support, amplifying the reach and impact of their projects. Overall, NC3's work is pivotal in fostering an equitable financial landscape that enables all community members to thrive, especially those historically excluded from economic opportunities.
This information is meant to be a general summary of National Coalition For Community Capital Nc3. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $32
- Program Service Revenue: $15,344
- Gross Receipts: $108,514
Assets and Liabilities:
- Total Assets: $55,877
- Total Liabilities: $0
- Net Assets: $55,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING & TRAINING FEE
Revenue
$15,225
TICKET SALES
Revenue
$119
Organization Details
Founding Year
2017
Phone
(661) 755-3213Principal Officer
Chris Miller
Main Address
1809 S STREET SUITE 101-302, SACREMENTO, CA, 95811
Website
www.nc3now.orgNTEE Category
Code: B60 - Education
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