Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
35th percentile
Faster asset growth than 35% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
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
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $0 | $68,034 | $68,034 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Raymond Lanza-weil | CEO | FT | $142,632 | $14,419 | $157,051 |
| Name | Title |
|---|---|
| James Hickson | Chair |
| Keith Fairey | Vice Chair |
| Diane Smith | Director |
| Jodi Rathbun-briggs | Director |
| Jonathan Daen | Director |
| Leonard Underwood | Director |
| Richard Sullivan | Director |
| Trenda Loftin | Director |
| Pascale Desir | Assistant Clerk |
| Linda Dunlavy | Clerk |
| Jay Leonard | Treasurer |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $145,035 |
“The following officers and directors are also employees of way finders, inc.: keith fairey and pascale desir.”
“Way finders, inc., a 501(c)(3) public charity, is the sole member of the organization.”
“Way finders, inc., the sole member, has the power to elect or appoint one or more members to the organization's governing board”
“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.”
“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.”
“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.”
“Documents are availble by request to derek j. Morris, cfo, way finders, inc., 1780 main street, springfield, ma 01103.”
“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.”
“This process has not changed from prior year.”
“The organization is holding $20,000 in escrow as a loan loss reserve account for certain qualifying loans receivable.”
“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).”
“Revenue from consolidated affiliates 135,016,420.”
“Expenses from consolidated affiliates 138,920,251.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 156549 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 259305 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 3565 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, CERTIFIED BY THE U.S. TREASURY DEPARTMENT, WORKING TO IMPROVE THE REGIONAL ECONOMY. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 31043 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 31043 |
| IRS990/AllOtherContributionsAmt | 0 | 42000 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DEREK J MORRIS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4132331658 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1780 MAIN STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SPRINGFIELD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01103 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 172701 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 172701 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 4217 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 4217 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 453625 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1038 |
| IRS990/CYOtherExpensesAmt | 0 | 761122 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 655262 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -455709 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 804512 |
| IRS990/CYTotalExpensesAmt | 0 | 1565634 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1109925 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 15000 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | 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. ALSO PROVIDES DIRECT ACCESS TO ALTERNATIVE FINANCING SOURCES. |
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| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
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| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 61446 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 20000 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 20000 |
| IRS990/ExpenseAmt | 0 | 1386032 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 29131 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 6290 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 35421 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 14561 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 14561 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 42870 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 152735 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 195605 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 37.50 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 7880 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LINDA DUNLAVY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PASCALE DESIR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LEONARD UNDERWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JODI RATHBUN-BRIGGS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RICHARD SULLIVAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TRENDA LOFTIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DIANE SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAY LEONARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | KEITH FAIREY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JONATHAN DAEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | RAYMOND LANZA-WEIL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 142632 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 226569 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | ASSISTANT CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 411625 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1109925 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 29975 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 29975 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 798 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 16822 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 17620 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 55486 |
| IRS990/InterestGrp/TotalAmt | 0 | 55486 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1038 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1038 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 30405 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 30405 |
| IRS990/IRPDocumentCnt | 0 | 108 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 68034 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 68034 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3536815 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3836598 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7254710 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6799001 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6484508 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6737555 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 6014 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 43899 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 49913 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6163 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 8538 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 14701 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 170377 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 72517 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 72517 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOAN LOSS RESERVE ADJUS |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 37166 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 34179 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 204946 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 27370 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 168 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 204946 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 64536 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 34347 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 145035 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 497448 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 497448 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 6865804 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 7808835 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 289 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 61557 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 61846 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 810019 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 194280 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 23530 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 33778 |
| IRS990/PrincipalOfficerNm | 0 | RAYMOND LANZA-WEIL |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INTEREST INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LENDING AND PROGRAM FE |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 51764 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 603498 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 51764 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1485120 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2205 |
| IRS990/PYOtherExpensesAmt | 0 | 761340 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 499536 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 503464 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 722057 |
| IRS990/PYTotalExpensesAmt | 0 | 1483397 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1986861 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -455709 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 655262 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 3253316 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2818699 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 453625 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1485120 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2781568 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1094054 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 500814 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 6315181 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1038 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2205 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | -305 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | -6334 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3488 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 92 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 6315181 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 453625 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1485120 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2781568 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1094054 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 500814 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 6315181 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6315273 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 68034 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 68034 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 138920251 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1565634 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | 1 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 138920251 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 145035 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OPERATING LEASE LIABILITY |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 135016420 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 135016420 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1109925 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS HOLDING $20,000 IN ESCROW AS A LOAN LOSS RESERVE ACCOUNT FOR CERTAIN QUALIFYING LOANS RECEIVABLE. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | 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). |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | REVENUE FROM CONSOLIDATED AFFILIATES 135,016,420. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | EXPENSES FROM CONSOLIDATED AFFILIATES 138,920,251. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART IV, LINE 2B: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1565634 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 145035 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1109925 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 136126345 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 140485885 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 142632 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 226569 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 149645 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
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