Michigan · Nonprofit
MICHIGAN COMMUNITY CAPITAL
MICHIGAN COMMUNITY CAPITAL (Michigan) receives grants from 6 organizations whose IRS filings report $3,737,500 to it, the largest being UPTOWN REINVESTMENT CORPORATION ($1,180,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $9.7M
- Funders on record
- 6
- Grants received
- $3.7M
- Net assets
- $15M
What Michigan Community Capital does
Mission
The mission of Michigan Community Capital is to facilitate low-income community investment in michigan. These investments will spur job creation and economic growth in low income communities across the state.
As stated on its FY2024 Form 990.
Programs
Facilitating and managing all nmtc investments
$993,181 spent$3,065,184 earned by the program15% of program spendingFacilitating and managing investments in affordable housing and other non-nmtc community development projects
$5,746,734 spent$1,836,200 earned by the program85% of program spendingProviding support and advisory services to other community development organizations
$0 spent$414,996 earned by the program0% of program spending
The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $6,739,915.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $16M to $35M (+120%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 25% · 2020 17% · 2021 52% · 2022 17% · 2023 3% · 2024 13%. Grants only. Government contracts and fees sit inside program revenue.
19% of MICHIGAN COMMUNITY CAPITAL’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Eric Hanna
President & CEO; director
Board chair
Mark Morante
Chairperson
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income rose $75k → $1.2M.
1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MICHIGAN COMMUNITY CAPITAL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MICHIGAN COMMUNITY CAPITAL leans on a few funders — its largest provides 32% of grant income and the top three 87%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
66% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MICHIGAN COMMUNITY CAPITAL.
Largest funder’s share by year: 2018 100% · 2019 87% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of MICHIGAN COMMUNITY CAPITAL's grant income comes from Michigan funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $226k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MICHIGAN COMMUNITY CAPITAL has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding MICHIGAN COMMUNITY CAPITAL receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.3M on record.
- Department of Housing and Urban Development$2.9M
- Department of the Treasury$2.4M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MICHIGAN COMMUNITY CAPITAL
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 67 related entities
- 410 Broadway LLC · disregarded
- 526 Chavez LLC · disregarded
- Cadillac Lofts 2 LLC · disregarded
- Cadillac Lofts II LLC · disregarded
- Cadillac Lofts LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for MICHIGAN COMMUNITY CAPITAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MICHIGAN COMMUNITY CAPITAL?
- MICHIGAN COMMUNITY CAPITAL (Michigan) receives grants from 6 organizations whose IRS filings report $3,737,500 to it, the largest being UPTOWN REINVESTMENT CORPORATION ($1,180,000). 1 of them have funded it in more than one year.
- How many funders does MICHIGAN COMMUNITY CAPITAL have?
- IRS filings report 6 organizations giving $3,737,500 in grants to MICHIGAN COMMUNITY CAPITAL, 1 of which have funded it in more than one year.
- Who is the largest funder of MICHIGAN COMMUNITY CAPITAL?
- UPTOWN REINVESTMENT CORPORATION is the largest funder on record, with $1,180,000 in grants. The full list of funders is on this page.
- How can an organization like MICHIGAN COMMUNITY CAPITAL find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Michigan Community Capital →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing