Civic Intelligence

Common Capital Inc

EIN 22-3051402 • 501(c)3 • Springfield, MA

Profile

Common capital, inc. Is a nonprofit community development financial institution (cdfi) certified by the u.s. Treasury department working to grow and strengthen the regional economy by strengthening local businesses and community organizations in western and central massachusetts. Common capital, inc. Provides business loans and technical assistance to help business owners and organizations establish and grow in order to improve income levels, expand job opportunities, and strengthen the local communities. Common caputal, inc. Also provides direct access to alternative financing sources and predominately serves economically-distressed, low-wealth communities.

1780 Main StreetSpringfield, MA 01103

www.common-capital.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.39x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

3.84x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

7th percentile

-41%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

0.7%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-44%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,059,939

Up $76,865 (+0.7%) from 2023

Liabilities

Up

$4,260,938

Up $532,574 (+14%) from 2023

Net Assets

Down

$6,799,001

Down $455,709 (-6.3%) from 2023

Revenue

Down

$1,109,925

Down $876,936 (-44%) from 2023

Expenses

Up

$1,565,634

Up $82,237 (+5.5%) from 2023

Net Income

Down

-$455,709

Down $959,173 (-191%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2012: $5,727,279Liabilities 2012: $2,422,470Net Assets 2012: $3,304,8092012Assets 2013: $5,840,020Liabilities 2013: $2,093,925Net Assets 2013: $3,746,0952013Assets 2014: $5,846,226Liabilities 2014: $2,088,348Net Assets 2014: $3,757,8782014Assets 2015: $6,657,309Liabilities 2015: $2,175,268Net Assets 2015: $4,482,0412015Assets 2016: $6,580,191Liabilities 2016: $2,017,598Net Assets 2016: $4,562,5932016Assets 2017: $6,147,591Liabilities 2017: $1,917,871Net Assets 2017: $4,229,7202017Assets 2018: $6,362,011Liabilities 2018: $2,167,314Net Assets 2018: $4,194,6972018Assets 2019: $6,675,702Liabilities 2019: $2,409,177Net Assets 2019: $4,266,5252019Assets 2020: $7,154,318Liabilities 2020: $2,901,531Net Assets 2020: $4,252,7872020Assets 2021: $7,690,982Liabilities 2021: $3,012,751Net Assets 2021: $4,678,2312021Assets 2022: $10,407,941Liabilities 2022: $3,656,695Net Assets 2022: $6,751,2462022Assets 2023: $10,983,074Liabilities 2023: $3,728,364Net Assets 2023: $7,254,7102023Assets 2024: $11,059,939Liabilities 2024: $4,260,938Net Assets 2024: $6,799,0012024

Highlighted filing

2024

Assets$11,059,939
Liabilities$4,260,938
Net Assets$6,799,001

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,769,307Expenses 2012: $1,149,835Net Income 2012: $1,619,4722012Revenue 2013: $1,574,888Expenses 2013: $1,136,235Net Income 2013: $438,6532013Revenue 2014: $885,288Expenses 2014: $873,505Net Income 2014: $11,7832014Revenue 2015: $1,818,665Expenses 2015: $1,081,230Net Income 2015: $737,4352015Revenue 2016: $1,042,343Expenses 2016: $966,498Net Income 2016: $75,8452016Revenue 2017: $966,271Expenses 2017: $1,202,496Net Income 2017: -$236,2252017Revenue 2018: $747,091Expenses 2018: $767,593Net Income 2018: -$20,5022018Revenue 2019: $1,211,493Expenses 2019: $1,139,665Net Income 2019: $71,8282019Revenue 2020: $925,720Expenses 2020: $939,458Net Income 2020: -$13,7382020Revenue 2021: $1,556,130Expenses 2021: $1,130,686Net Income 2021: $425,4442021Revenue 2022: $3,175,807Expenses 2022: $1,102,792Net Income 2022: $2,073,0152022Revenue 2023: $1,986,861Expenses 2023: $1,483,397Net Income 2023: $503,4642023Revenue 2024: $1,109,925Expenses 2024: $1,565,634Net Income 2024: -$455,7092024

Highlighted filing

2024

Revenue$1,109,925
Expenses$1,565,634
Net Income-$455,709

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$4.26$6.80$1.11$1.57$0.46
2023Summary only. Only limited summary data is available for this year.$11.0$3.73$7.25$1.99$1.48$0.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$3.66$6.75$3.18$1.10$2.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.69$3.01$4.68$1.56$1.13$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.15$2.90$4.25$0.93$0.94$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.68$2.41$4.27$1.21$1.14$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.36$2.17$4.19$0.75$0.77$0.02
2017Summary only. Only limited summary data is available for this year.$6.15$1.92$4.23$0.97$1.20$0.24
2016Summary only. Only limited summary data is available for this year.$6.58$2.02$4.56$1.04$0.97$0.08
2015Summary only. Only limited summary data is available for this year.$6.66$2.18$4.48$1.82$1.08$0.74
2014Summary only. Only limited summary data is available for this year.$5.85$2.09$3.76$0.89$0.87$0.01
2013Summary only. Only limited summary data is available for this year.$5.84$2.09$3.75$1.57$1.14$0.44
2012Summary only. Only limited summary data is available for this year.$5.73$2.42$3.30$2.77$1.15$1.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$1,109,925
Mission and Program Overview

Mission

Common capital, inc. Is a nonprofit community development financial institution (cdfi) certified by the u.s. Treasury department working to grow and strengthen the regional economy by strengthening local businesses and community organizations in western and central massachusetts. Common capital, inc. Provides business loans and technical assistance to help business owners and organizations establish and grow in order to improve income levels, expand job opportunities, and strengthen the local communities. Common caputal, inc. Also provides direct access to alternative financing sources and predominately serves economically-distressed, low-wealth communities.

Common capital, inc. Is a nonprofit community development financial institution, certified by the u.s. Treasury department, working to improve the regional economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$6,865,804$7,808,835▲ $943,031
Savings and Temporary Cash Investments$3,253,316$2,818,699▼ $434,617
Pledges and Grants Receivable$810,019$194,280▼ $615,739
Prepaid Expenses and Deferred Charges$23,530$33,778▲ $10,248
Investments Program Related$30,405$30,405→ $0
Accounts Receivable-$3,565-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$10,983,074$11,059,939▲ $76,865
Other Assets Total$0$170,377▲ $170,377
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,536,815$3,836,598▲ $299,783
Accounts Payable and Accrued Expenses$156,549$259,305▲ $102,756
Other Liabilities$0$145,035▲ $145,035
Escrow Account Liability$20,000$20,000→ $0
Deferred Revenue$15,000--
Total Liabilities$3,728,364$4,260,938▲ $532,574
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,484,508$6,737,555▲ $253,047
Net Assets With Donor Restrictions$770,202$61,446▼ $708,756
Total Net Assets Fund Balance$7,254,710$6,799,001▼ $455,709
Total Liabilities and Net Assets / Fund Balance$10,983,074$11,059,939▲ $76,865

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$68,034$68,034
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Raymond Lanza-weilCEOFT$142,632$14,419$157,051

Board Members and Trustees

NameTitle
James HicksonChair
Keith FaireyVice Chair
Diane SmithDirector
Jodi Rathbun-briggsDirector
Jonathan DaenDirector
Leonard UnderwoodDirector
Richard SullivanDirector
Trenda LoftinDirector
Pascale DesirAssistant Clerk
Linda DunlavyClerk
Jay LeonardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$453,625
Program Service Revenue
$655,262
Investment Income
$1,038
Other Revenue
$0
All Other Contributions
$42,000
Change in Net Assets
$-455,709

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,109,925
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$135,016,420
Total Revenue per Audited Statements
$136,126,345
Total Revenue per Form 990
$1,109,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$804,512
Other Expenses$761,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$497,448--$497,448
Fees for Services Other$152,735$42,870-$195,605
Current Officers, Directors, Trustees, and Key Employees$172,701--$172,701
Other Employee Benefits$72,517--$72,517
Payroll Taxes$61,557$289-$61,846
Interest$55,486--$55,486
Occupancy$43,899$6,014-$49,913
Fees for Services Accounting$6,290$29,131-$35,421
Other Expenses$168$34,179-$34,347
Advertising$31,043--$31,043
Information Technology$29,975--$29,975
Insurance$16,822$798-$17,620
Office Expenses$8,538$6,163-$14,701
Fees for Services Legal-$14,561-$14,561
Travel$4,537$4,214-$8,751
Conferences and Meetings-$4,217-$4,217
Total Functional Expenses$1,386,032$179,602$0$1,565,634

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$140,485,885
Expenses Not Reported on Form 990$138,920,251
Expenses per Audited Statements$1,565,634
Total Expenses per Form 990$1,565,634
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$145,035
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The following officers and directors are also employees of way finders, inc.: keith fairey and pascale desir.

Form 990, Part VI, Section A, Line 6

Way finders, inc., a 501(c)(3) public charity, is the sole member of the organization.

Form 990, Part VI, Section A, Line 7A

Way finders, inc., the sole member, has the power to elect or appoint one or more members to the organization's governing board

Form 990, Part VI, Section B, Line 11B

The treasurer of the board of directors reviews the form 990 prior to filing. A standing invitation is given to all other board members to review the 990 if they would like. The treasurer makes a presentation to the board that he has reviewed the 990 and the board votes to accept the 990 based on his review.

Form 990, Part VI, Section B, Line 12C

All board members, staf members and volunteers are given a copy of the conflict of interest policy at the commencement of that person's relationship with common capital, inc. Full disclosure in writing is required to be made by all interested parties to the board in all conflicts of interest. Anyone who is in a position to make decisions about spending common capital, inc.'s resources and who also stand to benefit from that decision has a duty to disclose that information as soon as it arises. Following full disclosure, the board of directors determines whether a conflict of interest exists. If so, the board votes to authorize or reject the transaction to protect common capital, inc.'s best interests.

Form 990, Part VI, Section B, Line 15A

A review of the chief executive officer's salary is performed by the executive committee of the board. The committee uses the independent salary comparibility study prepared by opportunity financine network. An annual performance review is conducted and the results and the decision on the salary amount are presented to the full board of directors for approval.

Form 990, Part VI, Section C, Line 19

Documents are availble by request to derek j. Morris, cfo, way finders, inc., 1780 main street, springfield, ma 01103.

Filing and Contact Details

Filer

Filer Name
Common Capital Inc
EIN
22-3051402
Phone
4132331680
Address
1780 MAIN STREET, SPRINGFIELD, MA 01103

Signing Officer

Name
Raymond Lanza-weil
Title
President
Phone
4132331687
Signed
2025-05-08

Organization Details

Principal Officer
Raymond Lanza-weil
Formed
1990
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
8
Volunteers
17

Preparer

Firm
Daniel Dennis and Company Llp
Address
990 WASHINGTON STREET, DEDHAM, MA 02026
Preparer
Michael Driscoll
Phone
6172629898
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 152,735. Management and general expenses 15,443. Fundraising expenses 0. Total expenses 168,178. Hr services: program service expenses 0. Management and general expenses 27,427. Fundraising expenses 0. Total expenses 27,427.

Form 990, Part XII, Line 2C

This process has not changed from prior year.

Financial Statement Notes

PART IV, LINE 2B:

The organization is holding $20,000 in escrow as a loan loss reserve account for certain qualifying loans receivable.

PART X, LINE 2:

Common capital, inc. Evaluates tax positions taken or expected to be taken in its tax returns to determine whether the tax positions are "more-likely-than-not" of being sustained by the applicable tax authority. At june 30, 2024, common capital, inc. Believes that it has no uncertain tax positions within its open tax returns (fiscal years 2021-2023).

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenue from consolidated affiliates 135,016,420.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses from consolidated affiliates 138,920,251.

Raw XML AppendixShowing 400 of 571 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9226569
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASSISTANT CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0411625
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01109925
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt029975
IRS990/InformationTechnologyGrp/TotalAmt029975
IRS990/InsuranceGrp/ManagementAndGeneralAmt0798
IRS990/InsuranceGrp/ProgramServicesAmt016822
IRS990/InsuranceGrp/TotalAmt017620
IRS990/InterestGrp/ProgramServicesAmt055486
IRS990/InterestGrp/TotalAmt055486
IRS990/InvestmentIncomeGrp/ExclusionAmt01038
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01038
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt030405
IRS990/InvestmentsProgramRelatedGrp/EOYAmt030405
IRS990/IRPDocumentCnt0108
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt068034
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt068034
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. TREASURY DEPARTMENT WORKING TO GROW AND STRENGTHEN THE REGIONAL ECONOMY BY STRENGTHENING LOCAL BUSINESSES AND COMMUNITY ORGANIZATIONS IN WESTERN AND CENTRAL MASSACHUSETTS. COMMON CAPITAL, INC. PROVIDES BUSINESS LOANS AND TECHNICAL ASSISTANCE TO HELP BUSINESS OWNERS AND ORGANIZATIONS ESTABLISH AND GROW IN ORDER TO IMPROVE INCOME LEVELS, EXPAND JOB OPPORTUNITIES, AND STRENGTHEN THE LOCAL COMMUNITIES. COMMON CAPUTAL, INC. ALSO PROVIDES DIRECT ACCESS TO ALTERNATIVE FINANCING SOURCES AND PREDOMINATELY SERVES ECONOMICALLY-DISTRESSED, LOW-WEALTH COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03536815
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03836598
IRS990/NetAssetsOrFundBalancesBOYAmt07254710
IRS990/NetAssetsOrFundBalancesEOYAmt06799001
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06484508
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06737555
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06014
IRS990/OccupancyGrp/ProgramServicesAmt043899
IRS990/OccupancyGrp/TotalAmt049913
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06163
IRS990/OfficeExpensesGrp/ProgramServicesAmt08538
IRS990/OfficeExpensesGrp/TotalAmt014701
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0170377
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt072517
IRS990/OtherEmployeeBenefitsGrp/TotalAmt072517
IRS990/OtherExpensesGrp/Desc0LOAN LOSS RESERVE ADJUS
IRS990/OtherExpensesGrp/Desc1DUES AND FEES
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037166
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt134179
IRS990/OtherExpensesGrp/ProgramServicesAmt0204946
IRS990/OtherExpensesGrp/ProgramServicesAmt127370
IRS990/OtherExpensesGrp/ProgramServicesAmt2168
IRS990/OtherExpensesGrp/TotalAmt0204946
IRS990/OtherExpensesGrp/TotalAmt164536
IRS990/OtherExpensesGrp/TotalAmt234347
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0145035
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0497448
IRS990/OtherSalariesAndWagesGrp/TotalAmt0497448
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06865804
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07808835
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0289
IRS990/PayrollTaxesGrp/ProgramServicesAmt061557
IRS990/PayrollTaxesGrp/TotalAmt061846
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0810019
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0194280
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023530
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033778
IRS990/PrincipalOfficerNm0RAYMOND LANZA-WEIL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LENDING AND PROGRAM FE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0603498
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt151764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0603498
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt151764
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01485120
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02205
IRS990/PYOtherExpensesAmt0761340
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0499536
IRS990/PYRevenuesLessExpensesAmt0503464
IRS990/PYSalariesCompEmpBnftPaidAmt0722057
IRS990/PYTotalExpensesAmt01483397
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01986861
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-455709
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0655262
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03253316
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02818699
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0453625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01485120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02781568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01094054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0500814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06315181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02205
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-305
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-6334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03488
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt092
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt06315181
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0453625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01485120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02781568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01094054
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0500814
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06315181
IRS990ScheduleA/TotalSupportAmt06315273
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068034
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068034
IRS990ScheduleD/ExpensesNotReportedAmt0138920251
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01565634
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherExpensesIncludedAmt0138920251
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0145035
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/OtherRevenueAmt0135016420
IRS990ScheduleD/RevenueNotReportedAmt0135016420
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01109925
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS HOLDING $20,000 IN ESCROW AS A LOAN LOSS RESERVE ACCOUNT FOR CERTAIN QUALIFYING LOANS RECEIVABLE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COMMON CAPITAL, INC. EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. AT JUNE 30, 2024, COMMON CAPITAL, INC. BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ITS OPEN TAX RETURNS (FISCAL YEARS 2021-2023).
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REVENUE FROM CONSOLIDATED AFFILIATES 135,016,420.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3EXPENSES FROM CONSOLIDATED AFFILIATES 138,920,251.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01565634
IRS990ScheduleD/TotalLiabilityAmt0145035
IRS990ScheduleD/TotalRevenuePerForm990Amt01109925
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0136126345
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0140485885
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2142632
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0226569
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1149645
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10

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