TMC Community Capital
TMC Community Capital is an Oakland, California-based nonprofit microlender and a public charity filing Form 990. It provides loans and business-support services to entrepreneurs in California, with a stated focus on women-owned, low-income, and under-resourced small businesses.
Key facts about TMC Community Capital
- EIN
- 82-5204018
- Latest 990 filing
- Form 990, 2025
- Total assets
- $7,665,552
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$7.7M
+28.9% YoY
Revenue
$5.5M
+92.6% YoY
Expenses
$4.7M
+84.2% YoY
How TMC Community Capital gives
- Giving fell 57% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Mission & Focus Areas
TMC Community Capital’s stated purpose is to assist underserved California entrepreneurs with access to capital, technical assistance, and resources to start and grow businesses. It describes microenterprise growth as a way to strengthen local economies, create jobs, and build strong communities.
Its services include microloans and small-business loans, business coaching, advising, education and mentoring, referrals to free or low-cost business resources, and educational presentations about access to capital. Its microloan program focuses on businesses typically disenfranchised from traditional lending, including women-owned and minority-owned businesses and businesses in low-income communities. The organization also describes providing outreach, intake assessment, resource navigation, and referrals when additional resources are needed.
Grantmaking
TMC Community Capital’s 2024 filing lists no grants, as do its 2023 and 2022 filings. The available program information describes past grant programs for small businesses, not current grant opportunities. Its Small Business, Big Heart program is closed; in summer 2020, it awarded 184 no-strings-attached grants, with funding from Signature Bank and TMC Financing. The program offered awards of up to $10,000 to eligible businesses in Oakland, Los Angeles, and San Francisco. The California Small Business COVID-19 Relief Grant Program is also listed as closed.
Ready to take the next step with TMC Community Capital?
Geographic Focus
Where this funder awards grants
TMC Community Capital serves businesses throughout California. Its loan eligibility requirements specify a for-profit California business that has operated and generated revenue for at least 12 months. The closed Small Business, Big Heart program was limited to businesses in Oakland, Los Angeles, and San Francisco.
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $160K (2023) to $448K (2021). In 2023 it made 1 grant totaling $160K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
44 grants across all recorded years
The most common grant size was under $50K: 43 grants of 44 (98%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant count |
|---|---|---|---|---|
| 2024 | $5,947,225 | $2,855,414 | $2,551,404 | 0 |
| 2023 | $5,301,238 | $2,351,825 | $1,933,917 | 0 |
| 2022 | $2,921,286 | $1,206,091 | $1,101,419 | 0 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,665,552 | $5,947,225 | $5,301,238 |
| Revenue | $5,499,285 | $2,855,414 | $2,351,825 |
| Expenses | $4,699,113 | $2,551,404 | $1,933,917 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 7, 2021)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 28, 2024)
- Added Form 990-EZ for fiscal year 2019 (received by the IRS February 11, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists the following officers and directors: Mark Herbert, chair; Jing Cao, secretary; and directors Barabara Morrison, Kelly LaRocca, Joyce Sloss, Darcy Mackay, Paula Bahamon, Mona Ahmadi, Norma Dunn, and Jermaine McMihelk.
TMC Community Capital is led by Daniel Fernandez, CEO since 2025 (on filings since 2022); 6 of 13 officers listed in 2025 are compensated.
Officers on the 2025 filing
Daniel Fernandez
CEO
President & CEO → CEO, 2025
On filings since 2022
40 hrs/week
$116K (2023) → $259K (2025)
Mark Herbert
Chair
Director → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Hanna Leen
Director of Finance
Program Director → Director of Finance, 2025
On filings since 2023
40 hrs/week
$106K (2023) → $129K (2025)
Mayra Contreras Lopez
Director of Partnerships
On filings since 2023
40 hrs/week
$101K (2023) → $135K (2025)
Francisco Alvarez
Director of Loan Operations
New on the 2025 filing
40 hrs/week
$135K (2025)
Joyce Sloss
Director
On filings since 2020
1 hr/week
No compensation reported
Kelly Larocca
Director
On filings since 2020
1 hr/week
No compensation reported
Jing Cao
Director
Director → Secretary, 2023
Secretary → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Darcy Mackey
Director
On filings since 2023
1 hr/week
No compensation reported
Norma Dunn
Director
On filings since 2024
1 hr/week
No compensation reported
Benjamin Mendoza
Lead Underwriter
New on the 2025 filing
40 hrs/week
$103K (2025)
Ryan Doria
Data Analyst
New on the 2025 filing
40 hrs/week
$105K (2025)
Jermaine McMihelk
Secretary
Director → Secretary, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (18)
- Former: Barabara Morrison (2019–2024) — Director
- Former: Michael Vanecek (2019–2024) — CFO
- Former: Mona Ahmadi (2020–2024) — Director
- Former: Paula Bahamon (2024) — Director
- Former: Vasana Ly (2024) — Program Director
- Former: Heather Cameron (2019–2023) — Director
- Former: Tamisie Honey (2019–2023) — Director
- Former: Michelle Svelti (2020–2023) — Director
- Former: Scott Rogalski (2020–2023) — Director
- Former: Joe Skowera (2021–2023) — Director
- Former: Armando Carmona (2023) — Director
- Former: Lindsy Carpenter (2020–2022) — Secretary
- Former: Marquita Jeffress (2020–2022) — Director
- Former: Ingrid Marthy (2021–2022) — Director
- Former: Ingrid Marielos-Marthy (2020) — Director
- Former: Joseph Skowera (2020) — Treasurer
- Former: Tamisie Vrolyk (2020) — Director
- Former: Lacy Lang (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $259K, to Daniel Fernandez (CEO). 6 officers or directors reported compensation on that filing.
Contact
Mailing address: 1611 Telegraph 504, Oakland, CA 94612
Phone: (415) 655-5419
Website: https://tmccommunitycapital.org
Frequently asked questions about TMC Community Capital
How large is TMC Community Capital?
TMC Community Capital reported $7.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.5M.
What does TMC Community Capital fund?
TMC Community Capital’s stated purpose is to assist underserved California entrepreneurs with access to capital, technical assistance, and resources to start and grow businesses. It describes microenterprise growth as a way to strengthen local economies, create jobs, and build strong communities. See mission & focus areas ↑
How do I apply for a grant from TMC Community Capital?
TMC Community Capital has no public application process in the sources Grantable reviewed. Check tmccommunitycapital.org for current guidelines, or contact the foundation directly before submitting a request.
Where does TMC Community Capital make grants?
TMC Community Capital serves businesses throughout California. Its loan eligibility requirements specify a for-profit California business that has operated and generated revenue for at least 12 months. The closed Small Business, Big Heart program was limited to businesses in Oakland, Los Angeles, and San Francisco.
What is TMC Community Capital's EIN?
TMC Community Capital's EIN (Employer Identification Number) is 82-5204018. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching TMC Community Capital by hand.
Explore Open Grants
Browse active grant opportunities in TMC Community Capital's focus areas in our free grants database
Similar Funders
Similar funders in California
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
California Community Foundation
Los Angeles, CA
The California Community Foundation funds work in education, health, housing, immigration, and other community needs, primarily in Los Angeles County. Its 2025 grants had a median of $50,000, though amounts varied widely; it does not accept unsolicited funding requests.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
The William & Flora Hewlett Foundation
Menlo Park, CA
The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, gender equity, governance, democracy, and philanthropy, with work in the San Francisco Bay Area, the U.S. West, nationally, and internationally. Its 2024 grants had a median of $150,000, though awards ranged from $50 to more than $11 million; it often provides long-term general operating support. It generally does not accept unsolicited requests, except through invited open processes.
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
Marin Community Foundation
Novato, CA
Marin Community Foundation funds equity-focused work, including affordable housing, homelessness, community resilience and power, and arts; its Buck Family Fund supports organizations serving Marin County, including those based elsewhere. Its 2025 grants had a median of $25,000 and ranged from $5,050 to $10 million; the profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,573
Total Given
$186.1M
Conrad N Hilton Foundation
Westlake Village, CA
The Conrad N. Hilton Foundation funds nonprofits working to improve lives and alleviate poverty, with initiatives including early childhood development, homelessness, refugees, safe water, and support for foster and opportunity youth. Its work is global, and its 2024 grants had a median award of $76,000. It generally does not accept unsolicited requests, except through its Good Neighbor Program for eligible local nonprofits and Title 1 schools.
Assets
$7.4B
Grants
1,339
Total Given
$287.7M
The California Endowment
Los Angeles, CA
The California Endowment funds health and racial equity, including health care access, community health, organizing, and policy change, primarily in California. Its 2024 grants had a median of $100,000, though amounts varied widely; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$4.5B
Grants
1,125
Total Given
$215.9M
Kaiser Foundation Hospitals
Oakland, CA
Kaiser Foundation Hospitals supports community health, health-care access, and efforts addressing health inequities, including mental and behavioral health, housing, and employment. Its 2024 grants had a median of $25,000, with most grant dollars going to California; Southern California grants focus on its 14 service areas. For Southern California regional grants, unsolicited letters of inquiry and proposals are not accepted; other application routes described include invited inquiries and open event sponsorship applications.
Assets
$87.4B
Grants
1,122
Total Given
$225.4M
Direct Relief
Santa Barbara, CA
Direct Relief funds community health centers, free and charitable clinics, educational institutions, and other organizations addressing health inequities, and provides medical supplies for healthcare facilities serving underserved communities and people affected by emergencies. Its 2025 grants ranged from $5,500 to $4.34 million, with a median of $100,000, supporting work across the U.S. and more than 80 countries. The available information does not state whether it accepts unsolicited grant requests.
Assets
$1.3B
Grants
1,367
Total Given
$337.4M
The San Diego Foundation
San Diego, CA
The San Diego Foundation supports nonprofits advancing racial and social justice, equity of opportunity, and resilient communities, with grants for projects, capacity building, or general support. Its 2025 itemized grants had a median of $25,000, with awards ranging from $5,100 to nearly $5 million; it generally funds organizations serving San Diego County residents, though some grants reach beyond the county. Applications are made through posted funding opportunities, and the profile does not state whether unsolicited requests are accepted.
Assets
$1.7B
Grants
1,158
Total Given
$94.3M
Jewish Community Foundation of Los Angeles
Los Angeles, CA
The Jewish Community Foundation of Los Angeles supports human services, health, education, Jewish life, arts and culture, and nonprofit capacity and facilities, with grants in Los Angeles, Israel, and beyond. Its 2024 itemized grants had a median of $25,000, though amounts varied widely. General Community grants are invitation-only and do not accept unsolicited requests; all 2025 grantmaking is by invitation only.
Assets
$1.2B
Grants
1,063
Total Given
$142.2M
Jewish Community Federation of San Francisco the Peninsula Marin & Sonoma
San Francisco, CA
Jewish Federation Bay Area funds programs that strengthen Jewish life, combat antisemitism, respond to crises, support people in need, and advance justice and inclusion. Its work focuses on the Bay Area, Israel, and beyond; 2025 grants had a median of $22,750, though amounts varied widely. It frequently issues requests for proposals and welcomes inquiries about its process, but no current opportunities are listed.
Assets
$2.0B
Grants
1,032
Total Given
$94.5M
The David and Lucile Packard Foundation
Los Altos, CA
The David and Lucile Packard Foundation funds charitable organizations working on just societies, healthy families and communities, and a healthy natural world, including climate solutions, ocean conservation, and science. Its 2024 grants had a median of $150,000, and half of grant dollars went to California recipients. It accepts unsolicited requests, but less than 1% of its grants come from them.
Assets
$8.5B
Grants
1,029
Total Given
$350.0M
More Funders in California
TMC Community Capital down — hundreds of funders to go?