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504 Capital Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.39M (2023)

Expenses
$1.9M (2023)

Total Assets
$3.76M (2023)

Total Liabilities
$468k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,391,150
Expenses
$1,897,942
Net Income
$493,208
Net Assets
$3,288,316
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,247,851
94.0%
Investment Income $181,144
7.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$37,845
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $297,100
15.7%
Professional Fundraising Fees $0
Other Salaries and Wages $785,787
41.4%
Assets/Debt
Total Assets $3,755,978
Total Liabilities $467,662
Net Assets $3,288,316
Compensation
Key Employees and Officers Compensation Related Other
Brent Swanson (President) $254,000 $0 $43,100
Christopher J Topping (Business Development Officer) $150,000 $0 $22,500
Kara Cournoyer (Operations Officer) $132,000 $0 $19,800
Laura M Sawyer (Underwriter) $126,000 $0 $18,900
Stephen S Perry (Loan Portfolio Manager) $103,500 $0 $15,525
Tara F Saunders (Secretary) $0 $0 $0
Joseph L Barnes Jr (Treasurer) $0 $0 $0
David S Jolley (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Bruce R Jones (Director) $0 $0 $0
Phil Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,795,888
Expenses
$1,695,518
Net Income
$100,370
Net Assets
$2,790,256
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,707,762
95.1%
Investment Income $88,126
4.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $290,063
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $718,000
42.3%
Assets/Debt
Total Assets $2,979,414
Total Liabilities $189,158
Net Assets $2,790,256
Compensation
Key Employees and Officers Compensation Related Other
Brent Swanson (President) $250,000 $0 $37,500
Christopher J Topping (Business Development Officer) $120,000 $0 $18,000
Laura M Sawyer (Underwriter) $111,000 $0 $16,650
Zachary P Petry (Business Development Officer) $110,000 $0 $16,500
Tara F Saunders (Secretary) $0 $0 $0
Joseph L Barnes Jr (Treasurer) $0 $0 $0
David S Jolley (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Bruce R Jones (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,683,143
Expenses
$1,275,578
Net Income
$407,565
Net Assets
$3,029,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,608,462
95.6%
Investment Income $71,859
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,807
0.2%
Net Inventory Sales $0
Other Revenue $15
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $270,938
21.2%
Professional Fundraising Fees $0
Other Salaries and Wages $514,000
40.3%
Assets/Debt
Total Assets $3,189,994
Total Liabilities $160,538
Net Assets $3,029,456
Compensation
Key Employees and Officers Compensation Related Other
Brent Swanson (President) $220,000 $0 $33,000
Christopher J Topping (Business Development Officer) $110,000 $0 $16,500
Laura M Sawyer (Underwriter) $105,000 $0 $15,750
Tara F Saunders (Secretary) $0 $0 $0
Joseph L Barnes Jr (Treasurer) $0 $0 $0
James T Carroll Iii (Director) $0 $0 $0
David S Jolley (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Bruce R Jones (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,297,046
Expenses
$1,147,976
Net Income
$149,070
Net Assets
$2,602,496
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,216,349
93.8%
Investment Income $80,020
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $677
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $207,000
18.0%
Professional Fundraising Fees $0
Other Salaries and Wages $477,778
41.6%
Assets/Debt
Total Assets $2,726,707
Total Liabilities $124,211
Net Assets $2,602,496
Compensation
Key Employees and Officers Compensation Related Other
Brent Swanson (President) $180,000 $0 $27,000
Lynn K Pierce (Vice President) $125,000 $0 $18,750
Tara F Saunders (Secretary) $0 $0 $0
Joseph L Barnes Jr (Treasurer) $0 $0 $0
James T Carroll Iii (Director) $0 $0 $0
David S Jolley (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Bruce R Jones (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,090,491
Expenses
$1,119,692
Net Income
-$29,201
Net Assets
$2,447,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $998,551
91.6%
Investment Income $99,268
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$7,328
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $207,000
18.5%
Professional Fundraising Fees $0
Other Salaries and Wages $452,416
40.4%
Assets/Debt
Total Assets $2,603,995
Total Liabilities $156,100
Net Assets $2,447,895
Compensation
Key Employees and Officers Compensation Related Other
Brent Swanson (President) $180,000 $0 $27,000
Lynn K Pierce (Vice President) $145,000 $0 $18,750
Robert M Anderson (Business Development Officer) $118,430 $0 $17,765
Tara F Saunders (Secretary) $0 $0 $0
Joseph L Barnes Jr (Treasurer) $0 $0 $0
James T Carroll Iii (Director) $0 $0 $0
Chris Topping (Director) $0 $0 $0
Cecil E Hobbs Jr (Director) $0 $0 $0
David S Jolley (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Bruce R Jones (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$939,175
Expenses
$1,073,210
Net Income
-$134,035
Net Assets
$2,362,125
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $831,002
88.5%
Investment Income $111,592
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$10,921
Net Inventory Sales $0
Other Revenue $7,502
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $227,700
21.2%
Professional Fundraising Fees $0
Other Salaries and Wages $404,180
37.7%
Assets/Debt
Total Assets $2,512,656
Total Liabilities $150,531
Net Assets $2,362,125

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$999,122
Expenses
$931,020
Net Income
$68,102
Net Assets
$2,564,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $897,232
89.8%
Investment Income $113,609
11.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,012
Net Inventory Sales $0
Other Revenue $293
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $227,700
24.5%
Professional Fundraising Fees $0
Other Salaries and Wages $358,133
38.5%
Assets/Debt
Total Assets $2,729,123
Total Liabilities $164,964
Net Assets $2,564,159
Compensation
Key Employees and Officers Compensation Related Other
Brent Swanson (President) $198,000 $0 $29,700
Lynn K Pierce (High Compensated Employee) $155,000 $0 $22,500
Robert Patrick Gomez (Direc Tor) $0 $0 $0
Joseph L Barnes Jr (Treasurer) $0 $0 $0
Mallory C Butler (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Tara F Saunders (Secretary) $0 $0 $0
James T Carroll Iii (Direc Tor) $0 $0 $0
Cecil E Hobbs Jr (Direc Tor) $0 $0 $0
David S Jolley (Direc Tor) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$847,793
Expenses
$970,858
Net Income
-$123,065
Net Assets
$2,561,875
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $717,903
84.7%
Investment Income $129,029
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $103
0.0%
Net Inventory Sales $0
Other Revenue $758
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $422,791
43.5%
Professional Fundraising Fees $0
Other Salaries and Wages $266,537
27.5%
Assets/Debt
Total Assets $2,709,459
Total Liabilities $147,584
Net Assets $2,561,875
Compensation
Key Employees and Officers Compensation Related Other
Robert Patrick Gomez (President) $250,000 $0 $37,500
Lynn K Pierce (High Compensated Employee) $150,000 $0 $0
Paula H Smith (Director) $0 $0 $0
Joseph L Barnes Jr (Treasurer) $0 $0 $0
Mallory C Butler (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Tara F Saunders (Secretary) $0 $0 $0
James T Carroll Iii (Director) $0 $0 $0
Cecil E Hobbs Jr (Director) $0 $0 $0
David S Jolley (Director) $0 $0 $0
Charity A Volman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$803,437
Expenses
$777,457
Net Income
$25,980
Net Assets
$2,581,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $666,782
83.0%
Investment Income $137,554
17.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$964
Net Inventory Sales $0
Other Revenue $65
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $294,519
37.9%
Professional Fundraising Fees $0
Other Salaries and Wages $251,478
32.3%
Assets/Debt
Total Assets $3,010,141
Total Liabilities $428,592
Net Assets $2,581,549
Compensation
Key Employees and Officers Compensation Related Other
Robert Patrick Gomez (President) $250,000 $0 $44,519
Lynn K Pierce (High Compensated Employee) $150,000 $0 $22,500
Paula H Smith (Secretary/Treasurer) $0 $0 $0
Joseph L Barnes Jr (Director) $0 $0 $0
Mallory C Butler (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Tara F Saunders (Director) $0 $0 $0
James T Carroll Iii (Director) $0 $0 $0
Cecil E Hobbs Jr (Director) $0 $0 $0
David S Jolley (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$828,886
Expenses
$742,874
Net Income
$86,012
Net Assets
$2,684,970
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $681,215
82.2%
Investment Income $149,931
18.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,260
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $294,519
39.6%
Professional Fundraising Fees $0
Other Salaries and Wages $242,324
32.6%
Assets/Debt
Total Assets $3,096,702
Total Liabilities $411,732
Net Assets $2,684,970
Compensation
Key Employees and Officers Compensation Related Other
Robert Patrick Gomez (President) $250,000 $0 $44,519
Lynn K Pierce (High Compensated Employee) $107,500 $0 $16,125
Paula H Smith (Secretary/Treasurer) $0 $0 $0
Kenneth C Alexander (Director) $0 $0 $0
Edward C Eaves (Director) $0 $0 $0
Florence G Kingston (Director) $0 $0 $0
Tara F Saunders (Director) $0 $0 $0
James T Carroll Iii (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$861,694
Expenses
$706,008
Net Income
$155,686
Net Assets
$2,531,203
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $739,126
85.8%
Investment Income $123,238
14.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$967
Net Inventory Sales $0
Other Revenue $297
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $294,519
41.7%
Professional Fundraising Fees $0
Other Salaries and Wages $200,336
28.4%
Assets/Debt
Total Assets $2,933,799
Total Liabilities $402,596
Net Assets $2,531,203

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$822,222
Expenses
$710,797
Net Income
$111,425
Net Assets
$2,453,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $703,259
85.5%
Investment Income $115,119
14.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,844
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $250,000
35.2%
Professional Fundraising Fees $0
Other Salaries and Wages $209,110
29.4%
Assets/Debt
Total Assets $2,854,250
Total Liabilities $400,572
Net Assets $2,453,678

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$894,412
Expenses
$662,972
Net Income
$231,440
Net Assets
$2,235,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $752,975
84.2%
Investment Income $122,355
13.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,082
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $250,000
37.7%
Professional Fundraising Fees $0
Other Salaries and Wages $169,664
25.6%
Assets/Debt
Total Assets $2,511,300
Total Liabilities $275,363
Net Assets $2,235,937

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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