Nonprofit · EIN 47-1562918
ASPIRE COMMUNITY CAPITAL
Tax-exempt · CHARLOTTE, NC 28215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $549,724 | $788,592 | -$238,868 | $298,362 | $69,791 | $228,571 |
| June 30, 2024 | 990 | $681,991 | $888,551 | -$206,560 | $570,536 | $103,097 | $467,439 |
| June 30, 2023 | 990 | $705,865 | $653,982 | $51,883 | $839,705 | $165,706 | $673,999 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $525,132
- of which government grants
- $200,000
- Program service revenue
- $10,000
- Investment income
- $6,602
- Other revenue
- $7,990
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $105,677
- Other salaries and wages
- $230,096
- Salaries, compensation and benefits (total)
- $387,281
- Professional fundraising fees
- $0
- Occupancy
- $30,412
- Travel
- $21,649
- Depreciation
- $1,484
- Program services (functional)
- $558,430
- Management and general (functional)
- $151,723
- Fundraising (functional)
- $78,439
Balance sheet and other
- Total assets, start of year
- $570,536
- Total assets, end of year
- $298,362
- Total liabilities, end of year
- $69,791
- Net assets, end of year
- $228,571
- Land, buildings and equipment
- $7,300
- Net assets without donor restrictions
- $91,736
- Net assets with donor restrictions
- $136,835
- Gross receipts
- $588,266
- Employees
- 5
- Volunteers
- 25
- Year formed
- 2016
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Manuel Campbell | CEO Officer | 40 | $100,957 | $4,720 |
| Ronnie Bryant | Member Trustee or director | 1 | $0 | $0 |
| Edward Timberlake | Member Trustee or director | 1 | $0 | $0 |
| Artie Nicholson | Member Trustee or director | 1 | $0 | $0 |
| Tristan Ridley | Member Trustee or director | 1 | $0 | $0 |
| Laszlo Balassy | Member Trustee or director | 1 | $0 | $0 |
| Marcus Smith | Member Trustee or director | 1 | $0 | $0 |
| Adam Holtzschue | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Chiquitha Lloyd | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Penny Campbell | Member Trustee or director | 1 | $0 | $0 |
| Cam Dyer | Member Trustee or director | 1 | $0 | $0 |
| Crystal Joy | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Sharai Lavoie | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Olufemi Lamikanra | Member Trustee or director | 1 | $0 | $0 |
| Sonyia Richardson | Member Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Zeller | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Manuel Campbell | CEO Officer | 40 | $105,000 |
| Ronnie Bryant | Chairman Trustee or director, Officer | 1 | $0 |
| Edward Timberlake | Member Trustee or director | 1 | $0 |
| Artie Nicholson | Member Trustee or director | 1 | $0 |
| Steven Cohen | Secretary Trustee or director, Officer | 1 | $0 |
| Alvaro Luna | Member Trustee or director | 1 | $0 |
| Tristan Ridley | Member Trustee or director | 1 | $0 |
| Laszlo Balassy | Member Trustee or director | 1 | $0 |
| Marcus Smith | Member Trustee or director | 1 | $0 |
| Adam Holtzschue | Member Trustee or director | 1 | $0 |
| Chiquitha Lloyd | Vice Chair Trustee or director, Officer | 1 | $0 |
| Penny Campbell | Member Trustee or director | 1 | $0 |
| Cam Dyer | Member Trustee or director | 1 | $0 |
| Crystal Joy | Member Trustee or director | 1 | $0 |
| Sharai Lavoie | Member Trustee or director | 1 | $0 |
| Olufemi Lamikanra | Member Trustee or director | 1 | $0 |
| Sonyia Richardson | Member Trustee or director | 1 | $0 |
| Mike Zeller | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Manuel Campbell | CEO Officer | 40 | $96,058 |
| Ronnie Bryant | Chairman Trustee or director, Officer | 1 | $0 |
| Edward Timberlake | Member Trustee or director | 1 | $0 |
| Artie Nicholson | Member Trustee or director | 1 | $0 |
| Steven Cohen | Secretary Trustee or director, Officer | 1 | $0 |
| Alvaro Luna | Member Trustee or director | 1 | $0 |
| Tristan Ridley | Member Trustee or director | 1 | $0 |
| Laszlo Balassy | Member Trustee or director | 1 | $0 |
| Marcus Smith | Member Trustee or director | 1 | $0 |
| Adam Holtzschue | Member Trustee or director | 1 | $0 |
| Chiquitha Lloyd | Vice Chair Trustee or director, Officer | 1 | $0 |
| Penny Campbell | Member Trustee or director | 1 | $0 |
| Cam Dyer | Member Trustee or director | 1 | $0 |
| Crystal Joy | Member Trustee or director | 1 | $0 |
| Sharai Lavoie | Member Trustee or director | 1 | $0 |
| Olufemi Lamikanra | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3124 MILTON RD SUITE 301 303, CHARLOTTE, NC 28215-5008
- Principal officer (990 for 2024)
- Manuel Campbell, 3124 Milton Road Suite 301 303, Charlotte, NC 28215
- Signed the 990
- Manuel Campbell, CEO
- Phone
- (704) 777-1122
- Website
- aspirecommunitycapital.org
- Return prepared by
- Foard and Company PA
Mission
Radically Transforming Lives and Communities through Business Ownership
Program accomplishments
- ASPIRE Community Capital delivered a continuum of programs during the fiscal year designed to strengthen the financial capacity of underestimated entrepreneurs. Our programming equipped small business owners with the knowledge, tools, and individualized support needed to make informed financial decisions, improve operational stability, and progress toward capital readiness.WorkshopsASPIRE delivered a series of interactive financial literacy and business education workshops in partnership with trusted ecosystem organizations. These sessions equipped partner cohorts with foundational skills in budgeting, cash flow management, pricing, and financial decision-making.BootcampsThe organization conducted intensive programs, including the Access to Capital Bootcamp and the Business Planning Bootcamp, which guided entrepreneurs through developing business plans, building financial forecasts, and preparing to pursue capital. These programs strengthened participants operational capacity and competitiveness in capital markets.CoachingASPIRE provided one-on-one coaching and technical assistance to help entrepreneurs apply program concepts, implement financial systems, and strengthen decision-making processes. Coaching supported participants in tracking key metrics, improving financial practices, and advancing toward sustainable growth and capital readiness.Collectively, these programs advanced ASPIREs mission to build better borrowersentrepreneurs who are confident, informed, and positioned for long-term success.Expenses $558,430 · revenue $10,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1562918
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $298,362
- Income (IRS master file)
- $588,266
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $549,724 | $788,592 | $298,362 | XML |
| 990 | June 2024 | $681,991 | $888,551 | $570,536 | IRS |
| 990 | June 2023 | $705,865 | $653,982 | $839,705 | XML |
| 990 | June 2022 | $877,582 | $444,616 | $763,616 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1562918).
Questions about ASPIRE COMMUNITY CAPITAL
- What is the EIN of ASPIRE COMMUNITY CAPITAL?
- The employer identification number (EIN) of ASPIRE COMMUNITY CAPITAL is 47-1562918.
- Is ASPIRE COMMUNITY CAPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to ASPIRE COMMUNITY CAPITAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASPIRE COMMUNITY CAPITAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASPIRE COMMUNITY CAPITAL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASPIRE COMMUNITY CAPITAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASPIRE COMMUNITY CAPITAL?
- The 990 for the year ended June 30, 2025 names Manuel Campbell.
- Who are the officers and directors of ASPIRE COMMUNITY CAPITAL?
- The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $100,957 (Manuel Campbell, CEO).
- How much revenue does ASPIRE COMMUNITY CAPITAL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $549,724, expenses of $788,592 and total assets of $298,362 at year end.
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