Suncoast Community Capital Corporation
302 Manatee Avenue East
Suite 303
Bradenton FL 34208

SCC works with people of low income to achieve financial stability in our community.

CEO/Executive Director Art Mahoney
Board Chair Casey Colburn
Board Chair Company Affiliation ERG Law Firm
History and Background
Organization DBA
Suncoast Community Capital
Tax Exempt Status Public Supported Charity
Awarded a competitive grant from Community Foundation in the last 5 years? No
Incorporation Year 2009
Financial Summary
Projected Revenue $227,027.00
Projected Expenses $227,027.00
Additional Documents
IRS Letter of Determination
SCC 501(c)3
State Info
State Charitable Solicitations Permit Yes Mar 2015
State Registration Yes 0
We help families with their EKG - in this case meaning Earn/Keep/Grow efforts.  Pioneered by Rural Family Economic Success and supported by the Annie E. Casey Foundation and Aspen Institute, this framework helps families envision positive outcomes for their financial future.
To that end, SCC has worked with families to EARN more income through the Bridges to Careers program of CareerEdge.  Through the Volunteer Income Tax Assistance services SCC manages, families in this community can KEEP more of what they earn. And finally with resources like small business classes, referrals to financing, computer and financial literacy sessions, families and GROW their human capital and assets for a more prosperous future.
SCC’s founding board members incorporated the organization in 2009. 
The City of Bradenton’s Central Community Redevelopment Agency (CCRA) was committed to developing the human capital of the residents and businesses of the CCRA district, and provided seed funding for the launch of SCC.


The CCRA recognized that some of the organizational capacities needed to develop the human capital in the CCRA could not be created by an agency serving such a small population area; furthermore, some of the necessary resources were not available to a public agency. The CCRA and SCC’s board of directors envisioned, therefore, a non-profit organization that could capture major resources and provide opportunities to a larger geographical area.


The board of directors established SCC’s mission of small business and asset development, and placed the emphasis on creating opportunities for low- and moderate-income individuals. In February 2011, SCC hired Mike Kennedy as its first full-time employee. SCC developed quickly:


In partnership with the Manatee Community Action Agency (MCAA), SCC won a 3-year award for a microbusiness development program, initiated in October 2010, to help very low-income Manatee County residents develop and grow businesses.


SCC secured funding from all three of the City of Bradenton’s Community Redevelopment Agencies to provide business development services and access to lending to residents and businesses in those three geographical areas. It also obtained unrestricted funds to offer this same assistance to individuals and businesses in the rest of its service area.


SCC and Manatee Community Federal Credit Union (MCFCU) entered into a formal agreement whereby SCC provides microbusiness development services and MCFCU provides the business microloan function—so that together they can facilitate microbusiness growth in the region.
Because of its rapid start-up and focus on outcomes, SCC was approached by the UEP, a program of the Kauffman Foundation, to start a partnership in Southwest Florida. SCC responded positively to this opportunity and initiated the UEP on the Suncoast program to coach businesses to grow and create jobs. SCC and UEP partnered on UEP on the Suncoast from January to November 2012, coaching 20 businesses with the capacity to quickly grow and create jobs.
 Most recently, Manatee County Government approved a grant to reach out into the community and offer microbusiness services to those living in locations currently not being served by the organization. 75 aspiring entrepreneurs completed comprehensive six-week course in 2014.
  • SCC has the opportunity to serve 500 people with its free tax prep service "VITA" (Volunteer Income Tax Assistance).  Last year, VITA clients received an average of $1,400 in refunds and credits for a combined total economic impact of $410,000 infused into households with low-income.  This program can only reach those numbers with more volunteers willing to help prepare taxes and fill other roles.
  • Why would a nonprofit focused on financial stability look any different than a bank lobby downtown? SCC seeks donations of paint and supplies as well as a medium-large group of volunteers to help spruce up its signature computer lab the "Enterprise Center."
  • Banks of all sizes and missions have a role to play in financial stability for the communities in which they are located.  SCC invites any bank or financial institution interested in making a difference in financial stability to contact SCC for opportunities to support the SCC mission.
  • Every class of Bridges to Careers, a program of CareerEdge, thrives because of the volunteer mentors who help job-seekers learn by example.  HR experience is a plus but any variety of work experience is welcome.
  • ¡Voluntarios que hablan español! Si usted esta leyendo este mensaje, le necesitamos para traducir materias escritas, ser consejero, presentar planillas de impuestos y mucho más.
Statement from the CEO/Executive Director
I am struck by the power of the SCC Mission. It connects the dots related to what it takes to significantly increase well-being in families and communities of low income. When families experience an increase in income - kids do better in school. When families live in housing that is secure and they are not moving frequently - health outcomes improve.
Financial stability is both the cause and effect of many positive outcomes in our community.
Maybe most importantly however, this organization believes that people who have little income are in the best possible position to know what will change that situation. The programs and activities we pursue are based on those beliefs. 
Areas Served
Areas Served
FL- Manatee
FL- Sarasota
Service Categories
Primary Org Type Community Improvement, Capacity Building
Secondary Org Type Community Improvement, Capacity Building
Tertiary Org Type Human Services
SCC provides business development classes, business plan development, and financial education to new and existing microbusinesses, many of which are owned by individuals with low and moderate incomes.
Budget $95,000
Category Community Development, General/Other Community Economic Development
Program linked to organizational strategy? Yes
Population Served Poor,Economically Disadvantaged,Indigent
Short Term Success
By the end of approximately 4-16 coaching sessions (depending on the needs of the business owner), individuals will complete or improve business plans, complete applications for business micro-loans, receive micro-loans, start or expand microbusinesses and create full-time and part-time jobs for themselves and others.
Long Term Success
If the economy is going to bounce back, it must happen on Main Street. "Micro" or very small businesses represent more than 80% of all businesses in the U.S. Last year, more Americans became entrepreneurs than any time in the last 15 years. Whether these individuals are in construction, provide services, or run a restaurant, they are everywhere. In fact, if just one in three microbusinesses hired a single employee, the US would be at full employment.
Business models for Main Street businesses are well understood. Success is primarily a matter of execution. Of course, there are barriers and hurdles, but they can be resolved. We’re not saying this will be easy. Rather that it is possible and that it matters. 
The median net worth of business owners is almost 2.5 times higher than non-business owners. For a black woman, the difference is more than 10x. For a Latino man, the difference is 5x.
Source: Association for Enterprise Opportunity (
Program Success Monitored By
SCC uses intake forms, client tracking software and post-coaching business visits and surveys to track outcomes. 
Examples of Program Success As of Dec. 31, 2012, SCC's business coaching services have helped microbusiness owners, many of whom are low- to - moderate income, complete 82 business plans, develop 58 credit-rebuilding plans, access 29 micro-loans, start or expand 31 businesses, and create 26 jobs.  Client profiles and success stories are available on SCC's blog:

Suncoast Community Capital’s Volunteer Income Tax Assistance  (VITA) Program, or "Free Tax Prep", is available free for low- to moderate-income people (income less than $51,000 in 2012) who cannot prepare their tax returns on their own.  Our IRS-certified community volunteers help clients with special credits, such as the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), to maximize their refund or reduce their tax liability.

Budget $10,168
Category Community Development, General/Other Community Economic Development
Program linked to organizational strategy? Yes
Population Served Other Economic Level
Short Term Success
100% of clients will submit an income tax return that will help them garner tax credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) that will supplement their family incomes.
Long Term Success
Clients will re-invest their returns into the local economy or save all or a portion of their returns for the future purchase of productive assets like education, home ownership or business ownership.
According to a June 2012 report of the Center on Budget and Policy Priorities (CBPB), studies have found that the EITC encourages work, reduces poverty, helps families meet basic needs, and improves children’s achievement in school and likely increases their earnings as adults. To view the executive summary of the CBPB report, please visit
Program Success Monitored By
SCC's IRS-certified volunteers confirm the submittal of client tax returns and all clients are encouraged to fill out an optional intake form attempts to capture how returns will used, as well as other information.
Examples of Program Success
During the 2012 Volunteer Income Tax Assistance (VITA) season, 223 SCC clients submitted a tax return, and the total amount of returns for those clients was $357,667, or an average return of $1,618.40, which represents a considerable amount of income for a family with low income.  The average adjusted gross income of our VITA clients was $23,619.  Clients claimed $111,686 in Earned Income Tax Credits (EITC) and $71,726 in Child Tax Credits (CTC). 

CareerEdge Funders Collaborative started the Bridges to Careers initiative in April 2011, serving both incumbent workers and job seekers. Bridges is now managed by SCC, thanks to funding from CareerEdge, to enhance the skills and earning capabilities of unemployed and under-employed individuals by providing them with an opportunity to obtain necessary skills through training and credentialing to assist them in entering the workforce successfully and permanently.

Budget $50,000
Category Employment, General/Other Job Training & Employment
Program linked to organizational strategy? Yes
Population Served Unemployed, Underemployed, Dislocated Poor,Economically Disadvantaged,Indigent
Short Term Success
Our goal is to help unemployed and low-skill/low-wage workers advance to the next level in their careers by equipping them for jobs that they were not previously skilled for. The success indicators for this goal include the following:

a. The number and percentage of participants who advance into higher-skill/higher-wage positions.
b. The number and percentage of participants who enter new jobs .
c. The number and percentage of all participants who successfully complete Bridges trainings.
Long Term Success
Unemployed and under-employed individuals completing Bridges training will find full-time jobs that provide family-sustaining wages.
Program Success Monitored By
Bridges is evaluated by a firm called Capital Analytics, an independent third-party evaluator, which is contracted to Bridges funder CareerEdge year-round.  Capital Analytics will be responsible for centralized tracking, measurement and reporting of program milestones and outcomes. The work plan for doing so involves the following: 

All staff and trainers who provide direct services to Bridges participants will enter both participation and performance data into an Internet-based system provided by Capital Analytics. 


All Bridges staff who are involved with case management (personal needs assessments, support services, job placement and follow-up, once employed) will enter case notes and milestone data into the data system. Examples of milestones that will be tracked using this system include the date their employment starts, the types of support services being accessed, and the tenure of their use of support services.
Examples of Program Success

Since its start with CareerEdge, Bridges has served 480 people with over 1,020 certificates earned, leading to 294 job placements (through October 31, 2012).  81% of Bridges job seekers have obtained employment since the start of the grant.

CEO/Executive Director
Executive Director Art Mahoney
CEO Term Start Apr 2014
Experience Art Mahoney comes to Suncoast Community Capital with a broad background in the fields of marketing and business development. He was president of a company – Morey & Mahoney Advertising – that was voted ‘Best Strategic Marketing Company’ in the Denver region for two years running and was one of the ‘Top 5’ marketing agencies in the Denver market. He helped build the agency from $300,000 annual billings to over $25 million. He also owned seven other small businesses over the years, including Clarke Advertising in Sarasota. For the past eight years, Art has been a Certified Business Analyst with the Small Business Development Center at State College of Florida.


Art holds a Bachelor’s Degree in Journalism from Rutgers University and did his Masters at Boston University’s Graduate School of Public Relations and Communication. Art has volunteered as a Branding/Marketing Advisor with several Sarasota-area organizations: the Greater Sarasota Chamber of Commerce, the Sarasota Economic Development Corporation, Sarasota’s Jewish Family and Children’s Service and the Senior Friendship Center. Art has also played an important developmental role for the Sarasota Institute for the Ages (a major business development effort based on Sarasota’s unique aging demographics) and is a Board member at The Pines of Sarasota.


Art’s wife Pam Baron is Director of Senior Services at Jewish Family and Children’s Service. They have three grown children and six grandchildren.

Full Time Staff 2
Part Time Staff 2
Volunteers 33
Contractors 2
Staff Retention Rate % 100
Professional Development Yes
Management Reports to Board Yes
Organization Plans
Fundraising Plan No
Communication Plan No
Strategic Plan Yes
Strategic Plan Years 2
Strategic Plan Adopted Feb 2013
Management Succession Plan No
Policies and Procedures Yes
Continuity of Operations Plan No
Senior Staff
Catherine Ferrer Communications and Fundraising Director
Jessica Ruter Director of Financial Stability Services
Formal Evaluations
CEO Formal Evaluation Yes
Senior Management Formal Evaluation N/A
NonManagement Formal Evaluation Yes
SCC collaborates extensively with Manatee Community Federal Credit Union.  In March 2011, SCC and MCFCU inked a partnership agreement. In this partnership, SCC provides personalized business coaching and financial education, and MCFCU provides microloans of $50,000 or less to interested and eligible SCC clients who have completed SCC's coaching. Only SCC clients can access this loan fund.
SCC also refers business to the Small Business Development Center at the State College of Florida.
Government Licenses
Is your organization licensed by the Government? No
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy No
Board Chair
Board Chair Casey Colburn
Company Affiliation ERG Law Firm
Board Term Oct 2014 to Sept 2015
Board Members
Board Members
Mr. Casey Colburn Kirk Pinkerton
Mr. Stephen Thompson Najmy Thompson
Ms. Gale Whitson-Schmidt Katy Rose Olive Oils & retired CFO of General Board of Pension & Health Benefits of the United Methodist Church
Student serving on the board through Community Youth Development? No
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 0
Caucasian 2
Hispanic/Latino 0
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 2
Female 1
Unspecified 0
Board Term Lengths 3
Board Term Limits 2
Board Orientation Yes
Board Meeting Attendance % 80
Number of Full Board Meetings Annually 11
Board Self-Evaluation No
Written Board Selection Criteria No
Written Conflict of Interest Policy Yes
Percentage of Board Making Monetary Contributions 100
Percentage of Board Making In-Kind Contributions 100
Constituency Includes Client Representation No
Standing Committees
Board Governance
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Financial Info
Fiscal Year 2013
Projected Revenue $227,027.00
Projected Expenses $227,027.00
Spending Policy N/A
Historical Financials
Expense Allocation
Fiscal Year201320122011
Program Expense$140,537$352,642$71,134
Administration Expense$13,188$6,394$13,590
Fundraising Expense$6,934$12,787$5,474
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.130.941.39
Program Expense/Total Expenses87%95%79%
Fundraising Expense/Contributed Revenue4%4%4%
Assets and Liabilities
Fiscal Year201320122011
Total Assets$116,708$98,216$119,508
Current Assets$116,139$96,363$119,508
Long-Term Liabilities$0$0$0
Current Liabilities$2,661$5,077$3,870
Total Net Assets$114,047$93,139$115,638
Top Funding Sources
Fiscal Year201320122011
Top Funding Source & Dollar AmountContributions, gifts, grants $181,551Contributions, gifts, grants $349,189Contributions, gifts, grants $125,059
Second Highest Funding Source & Dollar AmountInvestment Income $16Investment income $135Interest $27
Third Highest Funding Source & Dollar Amount0 $00 $0- $0
CEO Compensation
Co-CEO Compensation
Tax Credits No
Short Term Solvency
Fiscal Year201320122011
Current Ratio: Current Assets/Current Liabilities43.6418.9830.88
Long Term Solvency
Fiscal Year201320122011
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? No
Financials Comments
Financial Comments by Foundation Foundations and corporations are included with individual contributions as they are not separated in the IRS Form 990s or audits. The financial figures were taken from the audited financial statements. The 990-EZ for tax year 2011 reconciles with the audited financial statements.  For the period inception (July 25, 2009) through September 30, 2010, expenses per the audit were $37,941, whereas expenses per the 990-EZ were $40,041.  With respect to the audited balance sheet, total (and current) assets were $82,750, compared to $84,150 per the 990-EZ.  Total liabilities per the audit were $2,000 compared to $5,500 per the 990-EZ.  Net assets per the audit were $80,750, compared to $78,650 per the 990-EZ.
Nonprofit Suncoast Community Capital Corporation
Address 302 Manatee Avenue East
Suite 303
Bradenton, FL 34208
Primary Phone 941 744-2666
CEO/Executive Director Art Mahoney
Board Chair Casey Colburn
Board Chair Company Affiliation ERG Law Firm
Year of Incorporation 2009