Civic Intelligence

Campbell Apartments Inc

EIN 45-5043866 • 501(c)3 • King, NC

Profile

Providing low income housing for persons with disabilities.

PO Box 1194King, NC 27021

nchsm.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

8th percentile

-41%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

27th percentile

-3.3%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Revenue Growth

47th percentile

5.8%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Assets

Down

$1,341,065

Down $41,891 (-3.0%) from 2024

Liabilities

Down

$19,628

Down $3,506 (-15%) from 2024

Net Assets

Down

$1,321,437

Down $38,385 (-2.8%) from 2024

Revenue

Up

$94,171

Up $10,319 (+12%) from 2024

Expenses

Down

$132,556

Down $7,007 (-5.0%) from 2024

Net Income

Up

-$38,385

Up $17,326 (+31%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2017: $1,774,390Liabilities 2017: $358,512Net Assets 2017: $1,415,8782017Assets 2018: $1,658,411Liabilities 2018: $17,250Net Assets 2018: $1,641,1612018Assets 2019: $1,602,910Liabilities 2019: $17,199Net Assets 2019: $1,585,7112019Assets 2020: $1,564,661Liabilities 2020: $17,712Net Assets 2020: $1,546,9492020Assets 2021: $1,525,388Liabilities 2021: $16,589Net Assets 2021: $1,508,7992021Assets 2022: $1,483,607Liabilities 2022: $17,912Net Assets 2022: $1,465,6952022Assets 2023: $1,435,555Liabilities 2023: $20,022Net Assets 2023: $1,415,5332023Assets 2024: $1,382,956Liabilities 2024: $23,134Net Assets 2024: $1,359,8222024Assets 2025: $1,341,065Liabilities 2025: $19,628Net Assets 2025: $1,321,4372025

Highlighted filing

2025

Assets$1,341,065
Liabilities$19,628
Net Assets$1,321,437

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2017: $256,012Expenses 2017: $91,182Net Income 2017: $164,8302017Revenue 2018: $340,625Expenses 2018: $115,342Net Income 2018: $225,2832018Revenue 2019: $57,233Expenses 2019: $112,683Net Income 2019: -$55,4502019Revenue 2020: $79,205Expenses 2020: $117,967Net Income 2020: -$38,7622020Revenue 2021: $82,979Expenses 2021: $121,129Net Income 2021: -$38,1502021Revenue 2022: $79,438Expenses 2022: $122,542Net Income 2022: -$43,1042022Revenue 2023: $87,460Expenses 2023: $137,622Net Income 2023: -$50,1622023Revenue 2024: $83,852Expenses 2024: $139,563Net Income 2024: -$55,7112024Revenue 2025: $94,171Expenses 2025: $132,556Net Income 2025: -$38,3852025

Highlighted filing

2025

Revenue$94,171
Expenses$132,556
Net Income-$38,385

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 2, 2025
Return Version
2024v5.2
Gross Receipts
$94,171
Mission and Program Overview

Mission

Providing low income housing for persons with disabilities.

Low income housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,188,664$1,142,555▼ $46,109
Savings and Temporary Cash Investments$187,712$191,040▲ $3,328
Cash and Non-Interest-Bearing Accounts$513$1,363▲ $850
Accounts Receivable$750$908▲ $158
Prepaid Expenses and Deferred Charges$345$354▲ $9
Total Assets$1,382,956$1,341,065▼ $41,891
Other Assets Total$4,972$4,845▼ $127
Liabilities
Accounts Payable and Accrued Expenses$18,102$14,783▼ $3,319
Other Liabilities$4,972$4,845▼ $127
Deferred Revenue$60$0▼ $60
Total Liabilities$23,134$19,628▼ $3,506
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,359,822$1,321,437▼ $38,385
Total Net Assets Fund Balance$1,359,822$1,321,437▼ $38,385
Total Liabilities and Net Assets / Fund Balance$1,382,956$1,341,065▼ $41,891

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,069,000$301,274$1,370,274
Other Land Buildings$61,709$40,154$101,863
Equipment$8,524$64,537$73,061
Land$3,322-$3,322
Compensation and Service Providers

Board Members and Trustees

NameTitle
Garry MerrittPresident
Dave ColterVice President
David StewartDirector
Horace GrahamDirector
James KiserDirector
Keith KigerDirector
Larry ReddingDirector
Phil HoltSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,836
Program Service Revenue
$56,317
Investment Income
$18
Other Revenue
$0
Change in Net Assets
$-38,385

Audited Revenue Reconciliation

Revenue per Audited Statements
$94,171
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$94,171
Total Revenue per Form 990
$94,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$132,556
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$46,109--$46,109
Occupancy$23,180--$23,180
Insurance$13,202--$13,202
Fees for Services Management$11,946--$11,946
All Other Expenses$5,169$1,172-$6,341
Fees for Services Accounting-$5,836-$5,836
Office Expenses$4,109--$4,109
Other Expenses$2,277--$2,277
Conferences and Meetings$566--$566
Advertising$50--$50
Total Functional Expenses$125,548$7,008$0$132,556

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$132,556
Total Expenses per Audited Statements$132,556
Total Expenses per Form 990$132,556
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$4,845
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization is managed by a management company independent of the organization. Information is communicated as necessary between the two.

Form 990, Part VI, Section B, Line 11B

The tax return is reviewed and signed by the president of the board of directors. He reports to the board.

Form 990, Part VI, Section C, Line 19

The organization has no written conflict of interest policy. Governing documents, financial statements and other pertinent information are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Campbell Apartments Inc
EIN
45-5043866
Phone
3367653906
Address
PO BOX 1194, KING, NC 27021

Signing Officer

Name
Garry Merritt
Title
President
Phone
3367653906
Signed
2025-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garry Merritt
Formed
2012
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Kourtney B Payne
Phone
3362944494
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

It is the organization's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for 2025.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt094
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0427806
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt094153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt083834
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt087441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt079418
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt082960
IRS990ScheduleA/Total509Grp/TotalAmt0427806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt094171
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt083852
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt087460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt079438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt082979
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0427900
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01069000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0301274
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01370274
IRS990ScheduleD/EquipmentGrp/BookValueAmt08524
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064537
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073061
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0132556
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03322
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03322
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt061709
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040154
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0101863
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt094171
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2025.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01142555
IRS990ScheduleD/TotalExpensesPerForm990Amt0132556
IRS990ScheduleD/TotalLiabilityAmt04845
IRS990ScheduleD/TotalRevenuePerForm990Amt094171
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt094171
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0132556
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS MANAGED BY A MANAGEMENT COMPANY INDEPENDENT OF THE ORGANIZATION. INFORMATION IS COMMUNICATED AS NECESSARY BETWEEN THE TWO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED AND SIGNED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. HE REPORTS TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO WRITTEN CONFLICT OF INTEREST POLICY. GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER PERTINENT INFORMATION ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHRISTIAN VILLAGE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CHRISTIAN VILLAGE HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CAROLINA CHRISTIAN VILLAGE HOMES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581379192
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1200557167
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2581623250
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 1194
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 1194
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2PO BOX 1194
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0KING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1KING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2KING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027021
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd127021
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd227021
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

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