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Filing year 2023

COMMON CAPITAL INC

Springfield, Massachusetts·EIN 22-3051402·NTEE S430 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.1M
Total assets
$11.1M
Total expenses
$1.6M
Reported officers
12
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Massachusetts.

CEO
Median to 75th percentile
$157k
$175k
Base
$143k
Bonus
Other
Benefits
$11k
Vice Chair
Board Vice Chair
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$23k
$25k
Assistant Clerk
Officer (Unspecified)
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at COMMON CAPITAL INC equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
10%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 146%
over 2 years

From $64k in 2021 to $157k in 2023.

$64k
2021
$144k
2022
$157k
2023
In today's dollarsEst.
Up 122% in real terms$79k to $175k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 146% from 2021 to 2023, while revenue fell 65%.

$64k in 2021 to $157k in 2023.
  • Board Vice Chair pay rose 39% from 2021 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about COMMON CAPITAL INC

What does the Chief Executive Officer of COMMON CAPITAL INC earn?

In 2023, the Chief Executive Officer of COMMON CAPITAL INC received $157,051 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COMMON CAPITAL INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at COMMON CAPITAL INC falls between the median and the 75th percentile. In 2023, the highest total compensation at COMMON CAPITAL INC equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are COMMON CAPITAL INC's revenue and expenses?

In 2023, COMMON CAPITAL INC reported $1.1M in total revenue and $1.6M in total expenses on its IRS Form 990.

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