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  4. First American Capital Corporation
EIN 37-1439848

First American Capital Corporation

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Hales Corners
State
Wisconsin
Year formed
2002
Most recent tax filings
2022-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
First American Capital Corporation facilitates access to capital in the form of business loans for American Indian owned enterprises in Wisconsin Indian Country. Its mission is to contribute to economic development by creating new full-time jobs and supporting the retention of existing ones through micro-business loans. Clients also receive pre- and post-loan technical assistance from FACC.
Total revenues
$2,568,889
2022
Total expenses
$1,836,389
2022
Total assets
$8,230,351
2022
Num. employees
7
2022

Program areas at First American Capital Corporation

Program services: facc mission-driven outcomes included deploying micro-business loans resulting in new family supporting full time jobs being created and contributing to the retention of existing jobs in Wisconsin. In addition, clients received facc one-to-one business management capacity building technical assistance and business management workshops delivered virtually - and in person - designed to increase the competitiveness of facc clients and assist in their eventual graduation from the facc portfolio when meeting the credit standards of commercial banks. During 2022 facc began awarding diverse business investment equity grants to qualifying borrowers disproportionately impacted by the pandemic to help further recovery and to build resilience against the next economically disruptive events

Who funds First American Capital Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Oweesta CorporationGrant$60,000

Personnel at First American Capital Corporation

NameTitleCompensation
Gary MejcharExecutive Director$98,566
Craig AndersonPast Former Executive Director$81,731
William BesonPast Executive Director$98,566
Art OlszewskiSecretary$0
Craig ClementsVice President$0
...and 4 more key personnel

Financials for First American Capital Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,936,373
Program services$423,860
Investment income and dividends$197,636
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$4,800
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,220
Total revenues$2,568,889

Form 990s for First American Capital Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-26990View PDF
2021-122022-09-07990View PDF
2020-122021-11-12990View PDF
2019-122021-03-01990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s

Organizations like First American Capital Corporation

OrganizationLocationRevenue
Johnstown Area Regional IndustriesJohnstown, PA$1,565,309
CLIMB FundCharleston, SC$3,082,260
Entrepreneur Works FundPhiladelphia, PA$966,963
Flagship Enterprise CenterAnderson, IN$8,589,036
Prosperus Detroit Micro-LendingDetroit, MI$3,302,099
Shenandoah Community Capital FundStaunton, VA$937,977
Carolina Small Business Development FundRaleigh, NC$6,416,650
Northern Economic Initiatives CorporationMarquette, MI$3,668,012
Chi IshobakDowagiac, MI$1,872,798
Flagship Enterprise CapitalAnderson, IN$739,498
Data update history
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 13, 2023
Received grants
Identified 1 new grant, including a grant for $90,000 from Oweesta Corporation
May 14, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
10710 W Scharles Ave
Hales Corners, WI 53130
Metro area
Milwaukee-Waukesha, WI
County
Milwaukee County, WI
Website URL
aiccw-facc.org/ 
Phone
(414) 604-2044
IRS details
EIN
37-1439848
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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