EIN 20-3154063

Mce Social Capital

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
2005
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Mce Social Capital invests capital in enterprises committed to generating sustainable livelihoods and aims to generate economic opportunities for women and families in underserved communities throughout the developing world. In 2021, Mce issued $22.5 million in new loans to 25 financial service providers and small and growing businesses, bringing their total outstanding portfolio of loans held by 56 fsps and sgbs to $53 million.
Also known as...
Microcredit Enterprises
Total revenues
$6,705,830
2023
Total expenses
$7,743,692
2023
Total assets
$92,298,717
2023
Num. employees
16
2023

Program areas at Mce Social Capital

During 2023, Mce Social Capital issued a combined $39.1 million in new loans to 35 financial service providers and small and growing businesses. At the end of 2023, Mce's total outstanding portfolio of loans was $77.7 million held by 61 fsps and sgbs. This Capital will be used to support the development of businesses and Social enterprises in 29 countries around the world. Since disbursing its first loan in 2006, Mce has financed loans for 126 fsps and 35 sgbs in 62 countries.

Who funds Mce Social Capital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$176,075
The Nu Skin Force for Good FoundationHumanitarian$93,362
Linked FoundationGlobal Socialventure Fund$72,775
...and 30 more grants received totalling $907,876

Personnel at Mce Social Capital

NameTitleCompensation
Camilla NestorChief Executive Officer$244,730
Ginny Reyes LlamzonGeneral Counsel and Chief Operating Officer
Amy BellChief Financial Officer
Elena PonsManaging Director and Chief Investment Officer$100,133
Marcia MyersManaging Director and Chief Financial Officer / Controller$126,467
...and 20 more key personnel

Financials for Mce Social Capital

RevenuesFYE 12/2023
Total grants, contributions, etc.$690,784
Program services$5,025,646
Investment income and dividends$173,818
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$815,582
Total revenues$6,705,830

Form 990s for Mce Social Capital

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-30990View PDF
2022-122023-11-08990View PDF
2021-122022-11-15990View PDF
2020-122021-11-09990View PDF
2019-122021-03-02990View PDF
...and 12 more Form 990s

Organizations like Mce Social Capital

OrganizationLocationRevenue
FINCA InternationalWashington, DC$21,106,368
Village CapitalHouston, TX$10,821,621
Trickle Up ProgramNew York, NY$6,266,801
Women's World BankingNew York, NY$13,414,983
She Is Safe (SIS )Roswell, GA$1,908,145
Women DeliverNew York, NY$6,563,266
Morning Star Development (MSD)Colorado Springs, CO$1,932,486
Kakenya's DreamArlington, VA$2,100,044
The Preemptive Love CoalitionHewitt, TX$5,255,832
AccionWashington, DC$26,132,981
Data update history
August 25, 2024
Received grants
Identified 5 new grant, including a grant for $37,000 from The Boston Foundation (TBF)
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $22,775 from The Way Charitable Foundation
February 4, 2024
Received grants
Identified 13 new grant, including a grant for $93,362 from The Nu Skin Force for Good Foundation
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
International-focused organizationsCharities
Issues
Women and girlsCommunity improvementForeign affairsInternational developmentBusiness and industry
Characteristics
Operates internationallyNational levelTax deductible donationsAccepts online donations
General information
Address
5758 Geary Blvd 261
San Francisco, CA 94121
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
mcesocap.org/ 
Phone
(415) 230-4330
IRS details
EIN
20-3154063
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q33: International Relief
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0154098
FTB Entity ID
2757202
AB 488 data last updated ("as-of") date
2024-11-20
Free account sign-up

Want updates when Mce Social Capital has new information, or want to find more organizations like Mce Social Capital?

Create free Cause IQ account