EIN 94-3099401

Merritt Community Capital Corporation

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1989
Most recent tax filings
2023-12-01
Description
Merritt Community Capital Corporation supports and raises capital for the development of low to moderate-income housing in California, as well as provides affordable housing for low income persons. The Corporation acts as the general partner in partnerships that invest in local partnerships, building or rehabilitating units of affordable housing under IRS Sec. 42. Additionally, the Corporation provides supporting services.
Total revenues
$7,447,840
2023
Total expenses
$5,946,265
2023
Total assets
$41,740,384
2023
Num. employees
14
2023

Program areas at Merritt Community Capital Corporation

The Corporation was formed to act as the general partner in partnerships which have invested in local partnerships, which build or rehabilitate units of affordable housing under the provisions of irs sec. 42. The Corporation provides supporting services to these partnerships on an ongoing basis.

Grants made by Merritt Community Capital Corporation

GranteeGrant descriptionAmount
Local Initiatives Support CorporationHdti Program Implementation$250,000
National Association of State and Local Equity FundsAffordable Housing Education$85,000
Non-Profit Housing Association of Northern California (NPH)Investing in Affordable Housing$60,000
...and 18 more grants made totalling $786,794

Personnel at Merritt Community Capital Corporation

NameTitleCompensation
Ari BeliakPresident and Chief Executive Officer$420,385
Paul CarneyChief Financial Officer and Chief Operating Officer / Chief Operating Officer and Chief Financial Officer / Director$312,000
Charles A. Chuck CornellExecutive Director and Chief Financial Officer$0
Nedrah BarnesChief Financial Officer$206,500
Izaac Garcia SinghDirector of Asset Management$249,000
...and 9 more key personnel

Financials for Merritt Community Capital Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$7,237,856
Investment income and dividends$209,984
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$0
Total revenues$7,447,840

Form 990s for Merritt Community Capital Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-10990View PDF
2021-122022-11-03990View PDF
2020-122021-08-31990View PDF
2019-122020-10-15990View PDF
...and 10 more Form 990s
Data update history
February 13, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 14, 2025
Used new vendors
Identified 1 new vendor, including
September 23, 2024
Updated personnel
Identified 12 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsRetirement homesCharities
Issues
Human servicesHousing
Characteristics
LobbyingState / local levelTax deductible donationsAccepts online donations
General information
Address
1901 Harrison St 1650
Oakland, CA 94612
Metro area
San Francisco-Oakland-Berkeley, CA
County
Alameda County, CA
Website URL
merrittcap.org/ 
Phone
(510) 444-7870
IRS details
EIN
94-3099401
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L22: Senior Citizens Housing, Retirement Communities
NAICS code, primary
62422: Community Housing Services
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
076740
FTB Entity ID
1508781
AB 488 data last updated ("as-of") date
2025-03-05
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