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To encourage, stimulate and promote housing development and home ownership within Maine.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$2.3M
Program Spending
93%
of total expenses go to program services
Total Contributions
$1M
Total Expenses
▼$2.4M
Total Assets
$12.9M
Total Liabilities
▼$8.8M
Net Assets
$4.1M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$1,814
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$3.1M
Awards Found
22
Small Business Administration
$394K
TECHNICAL ASSISTANCE AND TRAINING TO PROSPECTIVE AND EXISTING SBA MICRO-LOAN PROGRAM BORROWERS.
Small Business Administration
$382.1K
COMMUNITY CONCEPTS FINANCE CORPORATION, ME THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$378.4K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$305.5K
MICROLOAN - COMMUNITY CONCEPTS FINANCE CORPORATION AKA COMM CONCEPTS INC. - ME TO PROVIDING TRAINING AND TECHNICAL ASSISTANCE TO LOAN BORROWERS.
Small Business Administration
$265.6K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$252.5K
COMMUNITY CONCEPTS FINANCE CORP - ME
Small Business Administration
$185.9K
MICROLOAN PROGRAM TECHNICAL ASSISTANCE
Small Business Administration
$167K
COMMUNITY CONCEPTS FINANCE CORP - ME TO ASSIST ALL ENTREPRENEURS BUSINESS OWNERS AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS UNDER THE PROGRAM THE SMALL BUSINESS ADMINISTRATION SBA WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE NON PROFIT AND QUASI GOVERNMENTAL ORGANIZATIONS INTERMEDIARY LENDERS THAT WILL USE THE LOAN FUNDS TO MAKE SHORT TERM FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO 50000 DOLLARS TO START UP NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL INVENTORY SUPPLIES FURNITURE FIXTURES MACHINERY AND OR EQUIPMENT IN ADDITION THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING MANAGEMENT AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS UNDER THE PROGRAM SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDIARY LENDER
Department of Agriculture
$105K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$58K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$56.9K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$46.8K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$35.9K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$33.1K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$30.3K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$23.8K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$18.9K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$13.3K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Small Business Administration
-$280.77
MICROLOAN PROGRAM TECHNICAL ASSISTANCE GRANT
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $2.3M | $1M | $2.4M | $12.9M | $4.1M |
| 2022IRS e-File | $2.1M | $1.2M | $2M | $12.5M | $4.4M |
| 2021 | $1.6M | $823.9K | $1.7M | $13.2M | $4.5M |
| 2020 | $1.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| James Martin | CEO - Cci | 10 | $0 | $193.5K | $27.2K | $220.8K |
| Laura Gormley | CFO - Cci | 10 | $0 | $139.2K | $28.9K | $168.1K |
| Nathan Libby | Past President | 40 | $0 | $109K | $14.3K | $123.3K |
| Travis Frautten | Chair | 2 | $0 | $0 | $0 | $0 |
| Dennis Lajoie | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Lincoln Jeffers | Secretary | 2 | $0 | $0 | $0 | $0 |
| Natalie Beale | President | 40 | $0 | $0 | $0 | $0 |
James Martin
CEO - Cci
$220.8K
Hrs/Wk
10
Compensation
$0
Related Orgs
$193.5K
Other
$27.2K
Laura Gormley
CFO - Cci
$168.1K
Hrs/Wk
10
Compensation
$0
Related Orgs
$139.2K
Other
$28.9K
Nathan Libby
Past President
$123.3K
Hrs/Wk
40
Compensation
$0
Related Orgs
$109K
Other
$14.3K
Travis Frautten
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dennis Lajoie
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Lincoln Jeffers
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Natalie Beale
President
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Fowsia Musse | Director | 2 | $0 | $0 | $0 | $0 |
| Jennifer Corbet | Director | 2 | $0 | $0 | $0 | $0 |
| Peter Garcia | Director | 2 | $0 | $0 | $0 | $0 |
| Steven Davis | Director | 2 | $0 | $0 | $0 | $0 |
Fowsia Musse
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jennifer Corbet
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Peter Garcia
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $663.6K |
| $1.4M |
| $14.8M |
| $4.6M |
| 2019 | $1.7M | $588.8K | $1.5M | $14.3M | $4.5M |
| 2018 | $1.6M | $601.5K | $1.5M | $13.8M | $4.3M |
| 2017 | $2.8M | $1.9M | $1.5M | $13.1M | $4.2M |
| 2016 | $1.9M | $670.2K | $1.1M | $11.4M | $2.9M |
| 2015 | $1.1M | $504.1K | $1.2M | $10M | $2.2M |
| 2014 | $1M | $508.8K | $1.2M | $7.9M | $2.3M |
| 2013 | $780.2K | $401.3K | $774K | $7.2M | $2.5M |
| 2012 | $584.6K | $224.2K | $640.8K | $7.6M | $2.5M |
| 2011 | $1.5M | $1.1M | $910.2K | $9.9M | $2.5M |
| 2021 | 990 | DataIRS e-File |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
Steven Davis
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0