EIN 85-0663372

Monterra Community Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Smcu Community Fund is a 501(c)(3) nonprofit fund created by San Mateo Credit Union to support our commitment to financial wellness in our community. The fund provides relief to small businesses located in the unincorporated Northfair Oaks zip codes that have been adversely affected by COVID-19. Additionally, the fund increases the availability of out-of-school programs for socioeconomically disadvantaged students in San Mateo County, with support derived from local government contributions. The fund is located in Redwood City, CA.
Related structure
Monterra Community Fund is a subordinate organization under San Mateo Credit Union (SMCU).
Also known as...
Smcu Community Fund
Total revenues
$640,273
2023
Total expenses
$831,694
2023
Total assets
$506,529
2023
Num. employees
0
2023

Program areas at Monterra Community Fund

Coastside victims Fund - the purpose of this program is to provide aid to victims of the half moon bay shooting.
North fair oaks small business - the purpose of this program is to provide assistance to small businesses located in north fair oaks, ca.
Daly city small business and restaurants - the purpose of this program is to provide assistance to small businesses and restaurants located in daly city, ca
Restaurant brewery winery - the purpose of this program is to provide assistance to restaurants located in san mateo county, ca. Palo alto restaurants - the purpose of this program is to provide assistance to restaurants located in palo alto, ca.scholarships - the purpose of this program is to provide scholarships to incoming college students.community donations - the purpose of this program is to provide funding to various charities within the community.microfood - the purpose of this program is to provide assistance to micro food businesses located in san mateo county, ca.small business - the purpose of this program is to provide assistance to small businesses located in san mateo county, ca.

Grants made by Monterra Community Fund

GranteeGrant descriptionAmount
Thrive Alliance Thrive - The Alliance of NonprofitsTo Provide Assistance To Nonprofits Located in San Mateo County$12,000

Who funds Monterra Community Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Community Development$29,865
Mavericks Community FoundationGeneral Support$17,993
Asian Mcdonalds Operators AssociationCommunity Emergency$10,800

Personnel at Monterra Community Fund

NameTitleCompensation
David DiamondBoard Member$0
Wade PainterPresident$0
Suzanne KnowltonSecretary$0

Financials for Monterra Community Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$639,201
Program services$0
Investment income and dividends$1,072
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$640,273

Form 990s for Monterra Community Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-09990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF

Organizations like Monterra Community Fund

OrganizationLocationRevenue
Grow South Dakota / Northeast South Dakota Economic CorporationSisseton, SD$1,331,875
Venture North Funding and DevelopmentTraverse City, MI$987,877
Community Loan Fund of the Capital RegionAlbany, NY$2,816,861
South Eastern Development FoundationSioux Falls, SD$2,441,148
Common CapitalSpringfield, MA$1,986,861
Sabre FinanceBirmingham, AL$1,669,572
Rural Missouri IncorporatedJefferson City, MO$3,116,015
Pennsylvania Community Development and Finance CorporationReading, PA$312,915
Community Lending Partners of New JerseyNew Brunswick, NJ$1,103,829
Three Rivers CdePontotoc, MS$570,564
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $29,865 from Silicon Valley Community Foundation (SVCF)
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsState / local levelReceives government fundingProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
350 Convention Way
Redwood City, CA 94063
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Mateo County, CA
Website URL
monterracommunityfund.org/ 
Phone
(650) 363-1725
IRS details
EIN
85-0663372
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0271236
FTB Entity ID
4578173
AB 488 data last updated ("as-of") date
2025-02-05
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