COMMUNITY HEALTH CENTER CAPITAL FUND INC
BOSTON, MA | Suffolk County
Economic Development
Overview
COMMUNITY HEALTH CENTER CAPITAL FUND INC
04-3122535
40 COURT STREET 10TH FLOOR
BOSTON, MA 02108
Suffolk County
BOSTON, MA 02108
Suffolk County
Mission Statement
This nonprofit has not reported a mission statement.
CRA Category
- Economic Development
Nonprofit location
- This nonprofit is not located in any CRA geographies.
Awards & Certifications
- CDFI Organization
- CDFI Award Recipient
- NMTC Recipient
Founded
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
E70
E - Health - General & Rehabilitative
Public Health
Organizations that inform the public of health and safety hazards and measures for furthering the early detection, treatment or rehabilitation of people who have an illness, injury or disability.
IRS Activity Codes
165
Community health planning
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
621999
All Other Miscellaneous Ambulatory Health Care Centers
CRA Alignment
CRA Category
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and
then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications
Community Development Financial Institution
Date Certified
9/30/2015
Native American CDFI
N
Financial Institution Type
Loan Fund
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
| Year | Amount | Program | Awardee Name |
| 2013 | $1,057,990 | CDFI Financial Assistance | Community Health Center Capital Fund, Inc. |
| 2017 | $1,096,905 | CDFI Financial Assistance | Community Health Center Capital Fund, Inc. |
| 2018 | $875,000 | CDFI Financial Assistance | Community Health Center Capital Fund, Inc. |
| 2019 | $650,000 | CDFI Financial Assistance | Community Health Center Capital Fund, Inc. |
| 2020 | $650,000 | CDFI Financial Assistance | Community Health Center Capital Fund, Inc. |
| 2021 | $525,000 | CDFI Financial Assistance | Community Health Center Capital Fund, Inc. |
| 2021 | $1,826,265 | CDFI Rapid Response Program (COVID-19) | Community Health Center Capital Fund, Inc. |
| 2014 | $25,000,000 | New Markets Tax Credit | Community Health Center Capital Fund, Inc. |
| 2017 | $40,000,000 | New Markets Tax Credit | Community Health Center Capital Fund, Inc. |
| 2019 | $50,000,000 | New Markets Tax Credit | Community Health Center Capital Fund, Inc. |
| 2021 | $55,000,000 | New Markets Tax Credit | Community Health Center Capital Fund, Inc. |
Includes CDFI Fund awards granted between January 2013 and December 2023
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$4.7M
Revenue
$4.7M
Assets
$17.2M
IRS Business Master File Details
As of Oct 2023
Exempt Ruling Date
1991-11
Deductibility Status
Deductible
Last Tax Filing
2022
Organization Type
Corporation
Organization Tax Filing Status
990 (all other) or 990EZ return
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above 509(a)(3)
IRS Publication 78 Details
As of Nov 2023
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A supporting organization, unspecified type
IRS Form 990 Returns
Through August 2023
Nonprofit Location
Physical Address
40 COURT STREET 10TH FLOOR
BOSTON, MA 02108
Suffolk County
BOSTON, MA 02108
Suffolk County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
14454
MSA/MD
25
State
025
County
0303.02
Tract
Upper
Income Level
Core-Based Statistical Area
14460 - Boston-Cambridge-Newton, MA-NH
Combined Statistical Area
148 - Boston-Worcester-Providence, MA-RI-NH-CT
Metropolitan Division
14454 - Boston, MA
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
29.50%
FFIEC Designated Distressed Census Tract
FFIEC Underserved Census Tract
Market Data
| Census Tract | County | |
|---|---|---|
| 0303.02 | Suffolk County | |
| Population | ||
| Total Population | 1,844 | 792,647 |
| Total Households | 887 | 315,192 |
| Income | ||
| Median Family Income (Census*) | $250,001 | $80,260 |
| Median Family Income (2022 FFIEC est.) | $129,500 | $129,500 |
| Tract Income Percentage | 222.01% | N/A |
| Below Poverty Level | 19.5% | 17.3% |
| Unemployment Level | 11.6% | 6.9% |
| Housing | ||
| Total Housing Units | 1,303 | 346,557 |
| Total Owner-Occupied Units | 6.1% | 36.2% |
| Total Renter-Occupied Units | 61.9% | 63.8% |
| Total Vacant Units | 31.9% | 5.1% |
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
Management
11
Total Voting Members
in Governing Body
in Governing Body
11
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Allison Coleman
(617) 422-0350
(617) 422-0350
Principal Officer
Allison Coleman
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations
Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.
A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.
This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.
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