EIN 94-3099401

Merritt Community Capital Corporation

IRS 501(c) type
501(c)(3)
Num. employees
17
Year formed
1989
Most recent tax filings
2022-12-01
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
$10,552,423
2022
Total expenses
$5,433,051
2022
Total assets
$31,748,169
2022
Num. employees
17
2022

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
PEP HousingDonation To Advance Their Mission$100,000
California Housing Partnership Corporation (CHPC)Equity Policy Research Fellowship$40,000
...and 12 more grants made

Personnel at Merritt Community Capital Corporation

NameTitleCompensation
Ari BeliakPresident and Chief Executive Officer$370,103
Paul CarneyChief Operating Officer$215,000
Charles A. Chuck CornellExecutive Director and Chief Financial Officer$0
Nedrah BarnesChief Financial Officer$206,500
Izaac Garcia SinghDirector of Asset Management$185,667
...and 16 more key personnel

Financials for Merritt Community Capital Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$543,552
Program services$9,961,782
Investment income and dividends$47,089
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$10,552,423

Form 990s for Merritt Community Capital Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-03990View PDF
2020-122021-08-31990View PDF
2019-122020-10-15990View PDF
2018-122019-10-31990View PDF
...and 9 more Form 990s
Data update history
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
December 31, 2023
Used new vendors
Identified 1 new vendor, including
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
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
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