2024-05-15T17:56:39-07:00 2023-06-30 851568243 MPK Advisors & CPAs 41197 Golden Gate Circle Ste 208 Murrieta CA 92562 990 2022-07-01 843804891 First Community Capital Inc FIRS 9512966181 2060 Chicago Avenue A11 Riverside CA 92507 Tchaidor Jay Diallo CEO 2024-05-15 true Tchaidor Jay Diallo 999009999 true Michael Klein CPA P01084572 9517637970 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X Tchaidor Jay Diallo 2060 Chicago Avenue A11 Riverside CA 92507 509354 false X www.fccbi.org X 2019 CA Our mission is to foster economic justice and opportunity by providing access to capital and technical assistance to economically disadvantage micro and rural businesses. Our emphasis is on those businesses owned by people of color including women, veterans, refugees, immigrants, and individuals impacted by the justice system. 5 4 3 0 411756 468795 23115 40559 0 0 434871 509354 0 0 146247 164925 0 0 85990 84641 232237 249566 202634 259788 435550 759538 226050 290250 209500 469288 Our mission is to foster economic justice and opportunity by providing access to capital and technical assistance to economically disadvantage micro and rural businesses. Our emphasis is on those businesses owned by people of color including women, veterans, refugees, immigrants, and individuals impacted by the justice system.First Community Capital help low- and moderate-income entrepreneurs who lack sufficient training and education to gain access to capital and thereby delivering long-term economic small businesses recovery and resiliency.We often lend to borrowers that may not meet mainstream institutions underwriting criteria, helping to bridge the gap between conventional lending standards and the needs of hard-to-reach borrowers. false false 224317 40559 As of June 30, 2023, First Community Capital issued forty-eight (48) microloans, totaling $315,965 to low-income and disadvantaged entrepreneurs. These loans supported both home-based and non-home-based businesses, including existing companies and startups. 224317 true true false false false false false false false false true false true false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 6 0 true 3 true false false false false false false false 0 false false false false false false false X 5 4 false false false false false false false true true false false true true true true false false true false false CA Tchaidor Jay Diallo 9512966181 2060 Chicago Avenue A11 Riverside CA 92507 Tchaidor Jay Diallo President & CEO 40.00 0.00 X 163634 0 0 Vincent McCoy Treasurer 2.00 0.00 X X 0 0 0 Mark Davis Director 2.00 0.00 X 0 0 0 Edward Johnson Secretary 2.00 0.00 X X 0 0 0 Fatimoh Muhammed Director 2.00 0.00 X 0 0 0 163634 1 false true false 0 212738 256057 468795 Interest Income 522291 18797 18797 Late Fees 522291 542 542 Loan Fees 522291 21220 21220 40559 0 0 0 0 0 0 0 0 0 509354 40559 0 0 0 0 114400 114400 0 39045 24269 14776 0 0 11480 10436 1044 0 0 14513 13207 1306 0 0 0 18681 18681 575 575 1460 1460 0 0 25474 25120 354 0 0 7563 7563 6900 6900 0 656 656 565 565 Dues & Subscriptions 3454 3454 Other expenses 2885 1251 1634 Operations 1915 1915 0 249566 224317 25249 0 99024 402840 0 126539 36865 0 0 0 0 0 0 4589 2295 13749 2294 0 0 194664 315965 0 1574 1574 435550 759538 13450 212600 290250 226050 290250 X 84500 281288 125000 188000 209500 469288 435550 759538 259788 X false true X false false X 5000 63479 411756 468795 949030 0 0 5000 63479 411756 468795 949030 0 949030 0 0 0 949030 69398 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4589 2295 2294 2294 315965 509354 509354 509354 249566 249566 249566 X X X false false false false false false false false false Tchaidor Jay Diallo President & CEO 163634 163634 Part III, Additional Information The President/CEO compensation is determined by the Board of Directors. The Board uses Third-Party data and comparisons of compensation paid by similar Non-For-Profit Organizations. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the President/CEO and the Board Chairman before its signed and submitted to the IRS. Form 990, Part VI, Section B, Line 12c All Board Members and Management are required to disclose all potential conflicts of interest as they arise. Form 990, Part VI, Section B, Line 15a The President/CEO compensation is determined by the Board of Directors. The Board uses Third-Party data and comparisons of compensation paid by similar Non-For-Profit Organizations. Form 990, Part VI, Section C, Line 19 All Governing documents are maintained in our corporate office and are available for review upon request.