Civic Intelligence

Carolina Common Enterprise

990 • Fiscal year 2020 • EIN 46-0568407

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 16, 2021

Organization ProfileWWW.COMMONENTERPRISE.COOP
PO Box 12408Durham, NC 27709-2408

(919) 246-9929

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.22x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

0.75x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Net Margin

29th percentile

-8.8%

Higher net margin than 29% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$74,200

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

1170%

Faster asset growth than 99% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

-5.7%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$175,434

Up $161,617 (+1170%) from 2019

Net Assets

Down

-$38,080

Down $25,010 (-191%) from 2019

Liabilities

Up

$213,514

Up $186,627 (+694%) from 2019

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin29th percentile

Revenue

Down

$283,199

Down $17,020 (-5.7%) from 2019

Expenses

Up

$308,209

Up $14,145 (+4.8%) from 2019

Net Income

Down

-$25,010

Down $31,165 (-506%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2013: $14,338Liabilities 2013: $9,0052013Assets 2014: $23,207Liabilities 2014: $7,314Net Assets 2014: $15,8932014Assets 2015: $17,899Liabilities 2015: $6,853Net Assets 2015: $11,0462015Assets 2016: $15,726Liabilities 2016: $34,532Net Assets 2016: -$18,8062016Assets 2017: $48,485Liabilities 2017: $56,263Net Assets 2017: -$7,7782017Assets 2018: $20,968Liabilities 2018: $40,193Net Assets 2018: -$19,2252018Assets 2019: $13,817Liabilities 2019: $26,887Net Assets 2019: -$13,0702019Assets 2020: $175,434Liabilities 2020: $213,514Net Assets 2020: -$38,0802020Assets 2021: $153,042Liabilities 2021: $221,601Net Assets 2021: -$68,5592021Assets 2022: $300,917Liabilities 2022: $425,893Net Assets 2022: -$124,9762022Assets 2023: $394,571Liabilities 2023: $575,882Net Assets 2023: -$181,3112023Assets 2024: $877,285Liabilities 2024: $1,038,301Net Assets 2024: -$161,0162024

Highlighted filing

2020

Assets$175,434
Liabilities$213,514
Net Assets-$38,080
Open 2020 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $66,661Expenses 2013: $65,568Net Income 2013: $1,0932013Revenue 2014: $93,181Expenses 2014: $82,621Net Income 2014: $10,5602014Revenue 2015: $265,923Expenses 2015: $270,770Net Income 2015: -$4,8472015Revenue 2016: $247,226Expenses 2016: $277,078Net Income 2016: -$29,8522016Revenue 2017: $179,422Expenses 2017: $168,394Net Income 2017: $11,0282017Revenue 2018: $253,377Expenses 2018: $264,824Net Income 2018: -$11,4472018Revenue 2019: $300,219Expenses 2019: $294,064Net Income 2019: $6,1552019Revenue 2020: $283,199Expenses 2020: $308,209Net Income 2020: -$25,0102020Revenue 2021: $386,090Expenses 2021: $416,569Net Income 2021: -$30,4792021Revenue 2022: $317,106Expenses 2022: $389,089Net Income 2022: -$71,9832022Revenue 2023: $316,424Expenses 2023: $372,759Net Income 2023: -$56,3352023Revenue 2024: $507,100Expenses 2024: $486,805Net Income 2024: $20,2952024

Highlighted filing

2020

Revenue$283,199
Expenses$308,209
Net Income-$25,010
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 16, 2021
Return Version
2020v4.1
Gross Receipts
$283,199
Mission and Program Overview

Mission

To assist individuals and communities - particularly those in low-income and socially disadvantaged rural and urban areas - in the creation, expansion and improvement of community-based enterprises with a particular focus on those that are cooperatively or mutually owned and governed.

To assist individuals and communities, particularly those in low-income and socially disadvantaged areas, in the creation, expansion, and improvement of rural and community-based enterprises, particularly those that are cooperatively or mutually owned and governed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,172$156,327▲ $154,155
Loans From Officers Directors$10,194$9,194▼ $1,000
Land, Buildings, and Equipment, Net$80$9,134▲ $9,054
Pledges and Grants Receivable$10,000$9,123▼ $877
Cash and Non-Interest-Bearing Accounts$715$0▼ $715
Total Assets$13,817$175,434▲ $161,617
Other Assets Total$850$850→ $0
Liabilities
Other Liabilities$0$175,064▲ $175,064
Accounts Payable and Accrued Expenses$16,693$15,566▼ $1,127
Escrow Account Liability$0$13,690▲ $13,690
Total Liabilities$26,887$213,514▲ $186,627
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-13,070$-38,080▼ $25,010
Total Net Assets Fund Balance$-13,070$-38,080▼ $25,010
Total Liabilities and Net Assets / Fund Balance$13,817$175,434▲ $161,617

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,134$1,044$10,178
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Thomas BeckettExecutive DirectorFT$74,200$74,200

Board Members and Trustees

NameTitle
Becky BowenDirector
Emily NailDirector
Janine Parker WoodsDirector
Jonathan PetersonDirector
Anne Claire BroughtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$278,756
Program Service Revenue
$4,215
Investment Income
$228
Other Revenue
$0
All Other Contributions
$56,633
Change in Net Assets
$-25,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$236,510
Other Expenses$71,161
Total Fundraising Expense$42,605
Grants and Similar Amounts Paid$538
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$112,550$12,987$4,329$129,866
Current Officers, Directors, Trustees, and Key Employees$22,260$22,260$29,680$74,200
Other Employee Benefits$14,622$1,687$562$16,871
Payroll Taxes$10,533$2,603$2,437$15,573
Occupancy$8,116$2,005$1,878$11,999
Conferences and Meetings$4,456$5,707$626$10,789
Travel$5,500$1,360$1,273$8,133
Office Expenses$3,588$3,025$765$7,378
Fees for Services Accounting-$7,214-$7,214
Other Expenses$4,398$1,087$1,018$6,503
Fees for Services Other$4,610$1,166-$5,776
Fees for Services Legal$5,126--$5,126
Advertising-$2,885-$2,885
Information Technology-$2,632-$2,632
Interest-$1,550-$1,550
Insurance-$939-$939
Grants to Domestic Orgs$538--$538
Depreciation Depletion$160$40$37$237
Total Functional Expenses$196,457$69,147$42,605$308,209
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$10,194$9,194▼ $1,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Covid-19 Economic Injury Disaster Loan$133,500
Paycheck Protection Program Loan$41,564
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees with authority to act on behalf of the governing body.”

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

“The prepared form 990 is reviewed and approved by management before the return is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed at least annually by the directors. All directors and officers are required to complete and sign a conflict of interest statement annually. A director or officer with a conflict of interest is prohibited from participating in deliberations and decisions regarding the transaction.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Carolina Common Enterprise
EIN
46-0568407
Phone
9192469929
Address
PO BOX 12408, DURHAM, NC 27709-2408

Signing Officer

Name
Thomas Beckett
Title
Executive Director
Phone
9192469929
Signed
2021-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Beckett
Formed
2012
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
5

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Bruce Mayer CPA
Phone
6082744020
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Engaged with roc usa, a national tax-exempt organization with the mission "to make quality resident ownership viable nationwide and to expand economic opportunities for homeowners in manufactured (mobile) home communities." carolina common enterprise (cce) is contractually affiliated with roc usa to implement the program of creating permanently affordable housing in manufactured home communities in north carolina. New activities include identifying such properties and securing ownership of and financing for such real estate assets on behalf of residents. Cce does not own real estate through this program.”

Financial Statement Notes

PART IV, LINE 2B:

“Carolina common enterprise collects receipts and makes disbursements on behalf of the following nonprofit corporations: accelerating appalachia, oak meadows community association, deep roots market, and karen community farm. Carolina common enterprise charges an administrative fee for administering these custodian accounts.”

Raw XML AppendixShowing 400 of 428 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016693
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015566
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ASSIST INDIVIDUALS AND COMMUNITIES, PARTICULARLY THOSE IN LOW-INCOME AND SOCIALLY DISADVANTAGED AREAS, IN THE CREATION, EXPANSION, AND IMPROVEMENT OF RURAL AND COMMUNITY-BASED ENTERPRISES, PARTICULARLY THOSE THAT ARE COOPERATIVELY OR MUTUALLY OWNED AND GOVERNED.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02885
IRS990/AdvertisingGrp/TotalAmt02885
IRS990/AllOtherContributionsAmt056633
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0THOMAS BECKETT
IRS990/BooksInCareOfDetail/PhoneNum09192469929
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 12408
IRS990/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0277092408
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0715
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt029680
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt022260
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt022260
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt074200
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt0626
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt05707
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04456
IRS990/ConferencesMeetingsGrp/TotalAmt010789
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0278756
IRS990/CYGrantsAndSimilarPaidAmt0538
IRS990/CYInvestmentIncomeAmt0228
IRS990/CYOtherExpensesAmt071161
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04215
IRS990/CYRevenuesLessExpensesAmt0-25010
IRS990/CYSalariesCompEmpBnftPaidAmt0236510
IRS990/CYTotalExpensesAmt0308209
IRS990/CYTotalFundraisingExpenseAmt042605
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0283199
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt037
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt040
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0160
IRS990/DepreciationDepletionGrp/TotalAmt0237
IRS990/Desc0OUR PROGRAM SERVICES INCLUDE COOPERATIVE DEVELOPMENT IN ECONOMICALLY MARGINALIZED COMMUNITIES, TECHNICAL ASSISTANCE TO STARTUP AND EXISTING COOPERATIVE ENTERPRISES, AND FOOD CO-OP DEVELOPMENT IN "FOOD DESERT" COMMUNITIES. WE CONTINUE THIS WORK BY ASSISTING FOOD SYSTEMS CO-OPS IN RURAL NORTH CAROLINA AND FOSTERING CONVERSION OF CONVENTIONAL BUSINESSES TO WORKER OWNERSHIP.CAROLINA COMMON ENTERPRISE (CCE) PROVIDES LICENSED LEGAL SERVICES TO CO-OPS THAT FALL WITHIN OUR MISSION CRITERIA. WE HAVE ALSO PARTICIPATED IN ORGANIZING COOPERATIVE LAWYERS AND ACCOUNTANTS NATIONALLY TO CREATE A COLLEGIAL NETWORK TO IMPROVE THE AVAILABILITY AND QUALITY OF PROFESSIONAL SERVICES FOR CO-OPS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt013690
IRS990/ExpenseAmt0191714
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07214
IRS990/FeesForServicesAccountingGrp/TotalAmt07214
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05126
IRS990/FeesForServicesLegalGrp/TotalAmt05126
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01166
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04610
IRS990/FeesForServicesOtherGrp/TotalAmt05776
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0ANNE CLAIRE BROUGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm1EMILY NAIL
IRS990/Form990PartVIISectionAGrp/PersonNm2BECKY BOWEN
IRS990/Form990PartVIISectionAGrp/PersonNm3JANINE PARKER WOODS
IRS990/Form990PartVIISectionAGrp/PersonNm4JONATHAN PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5THOMAS BECKETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt574200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0222123
IRS990/GrantAmt0538
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0538
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0538
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0283199
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02632
IRS990/InformationTechnologyGrp/TotalAmt02632
IRS990/InsuranceGrp/ManagementAndGeneralAmt0939
IRS990/InsuranceGrp/TotalAmt0939
IRS990/InterestGrp/ManagementAndGeneralAmt01550
IRS990/InterestGrp/TotalAmt01550
IRS990/InvestmentIncomeGrp/ExclusionAmt0228
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0228
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01044
IRS990/LandBldgEquipBasisNetGrp/BOYAmt080
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09134
IRS990/LandBldgEquipCostOrOtherBssAmt010178
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt010194
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt09194
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST INDIVIDUALS AND COMMUNITIES - PARTICULARLY THOSE IN LOW-INCOME AND SOCIALLY DISADVANTAGED RURAL AND URBAN AREAS - IN THE CREATION, EXPANSION AND IMPROVEMENT OF COMMUNITY-BASED ENTERPRISES WITH A PARTICULAR FOCUS ON THOSE THAT ARE COOPERATIVELY OR MUTUALLY OWNED AND GOVERNED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-13070
IRS990/NetAssetsOrFundBalancesEOYAmt0-38080
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-13070
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-38080
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01878
IRS990/OccupancyGrp/ManagementAndGeneralAmt02005
IRS990/OccupancyGrp/ProgramServicesAmt08116
IRS990/OccupancyGrp/TotalAmt011999
IRS990/OfficeExpensesGrp/FundraisingAmt0765
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03025
IRS990/OfficeExpensesGrp/ProgramServicesAmt03588
IRS990/OfficeExpensesGrp/TotalAmt07378
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0850
IRS990/OtherAssetsTotalGrp/EOYAmt0850
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0562
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01687
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014622
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016871
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt01018
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01087
IRS990/OtherExpensesGrp/ProgramServicesAmt04398
IRS990/OtherExpensesGrp/TotalAmt06503
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0175064
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04329
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012987
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0112550
IRS990/OtherSalariesAndWagesGrp/TotalAmt0129866
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02437
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02603
IRS990/PayrollTaxesGrp/ProgramServicesAmt010533
IRS990/PayrollTaxesGrp/TotalAmt015573
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09123
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THOMAS BECKETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATIVE FEE
IRS990/ProgramServiceRevenueGrp/Desc1CONSULTING SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11500
IRS990/ProgSrvcAccomActy2Grp/Desc0CAROLINA COMMON ENTERPRISE IS AFFILIATED WITH ROC USA TO DEVELOP A PROGRAM OF CONVERTING MANUFACTURED HOUSING COMMUNITIES TO RESIDENT OWNERSHIP IN NORTH CAROLINA. ACTIVITIES INCLUDE IDENTIFYING SUCH PROPERTIES AND SECURING OWNERSHIP OF AND FINANCING FOR SUCH REAL ESTATE ASSETS ON BEHALF OF RESIDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04743
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0276347
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0575
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt073388
IRS990/PYOtherRevenueAmt01679
IRS990/PYProgramServiceRevenueAmt022192
IRS990/PYRevenuesLessExpensesAmt06155
IRS990/PYSalariesCompEmpBnftPaidAmt0220101
IRS990/PYTotalExpensesAmt0294064
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0300219
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-25010
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04215
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02172
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0156327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0278756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0276347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0243582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0145502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0207509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01151696
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0228
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0162
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0453
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0111194
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73810
IRS990ScheduleA/PublicSupportPY170Pct00.77930
IRS990ScheduleA/PublicSupportTotal170Amt0850477
IRS990ScheduleA/SubstantialContributorsTotAmt0301219
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0278756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0276347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0243582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0145502
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0207509
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01151696
IRS990ScheduleA/TotalSupportAmt01152249
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0100
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/AgentTrusteeEtcInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt09134
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01044
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010178
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041564
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1133500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYCHECK PROTECTION PROGRAM LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1COVID-19 ECONOMIC INJURY DISASTER LOAN
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CAROLINA COMMON ENTERPRISE COLLECTS RECEIPTS AND MAKES DISBURSEMENTS ON BEHALF OF THE FOLLOWING NONPROFIT CORPORATIONS: ACCELERATING APPALACHIA, OAK MEADOWS COMMUNITY ASSOCIATION, DEEP ROOTS MARKET, AND KAREN COMMUNITY FARM. CAROLINA COMMON ENTERPRISE CHARGES AN ADMINISTRATIVE FEE FOR ADMINISTERING THESE CUSTODIAN ACCOUNTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09134
IRS990ScheduleD/TotalLiabilityAmt0175064
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09194
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt011070
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0THOMAS BECKETT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt09194
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ENGAGED WITH ROC USA, A NATIONAL TAX-EXEMPT ORGANIZATION WITH THE MISSION "TO MAKE QUALITY RESIDENT OWNERSHIP VIABLE NATIONWIDE AND TO EXPAND ECONOMIC OPPORTUNITIES FOR HOMEOWNERS IN MANUFACTURED (MOBILE) HOME COMMUNITIES." CAROLINA COMMON ENTERPRISE (CCE) IS CONTRACTUALLY AFFILIATED WITH ROC USA TO IMPLEMENT THE PROGRAM OF CREATING PERMANENTLY AFFORDABLE HOUSING IN MANUFACTURED HOME COMMUNITIES IN NORTH CAROLINA. NEW ACTIVITIES INCLUDE IDENTIFYING SUCH PROPERTIES AND SECURING OWNERSHIP OF AND FINANCING FOR SUCH REAL ESTATE ASSETS ON BEHALF OF RESIDENTS. CCE DOES NOT OWN REAL ESTATE THROUGH THIS PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY MANAGEMENT BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED AT LEAST ANNUALLY BY THE DIRECTORS. ALL DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. A DIRECTOR OR OFFICER WITH A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt013817
IRS990/TotalAssetsEOYAmt0175434
IRS990/TotalAssetsGrp/BOYAmt013817
IRS990/TotalAssetsGrp/EOYAmt0175434
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0278756
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042605
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069147
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0196457
IRS990/TotalFunctionalExpensesGrp/TotalAmt0308209
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026887
IRS990/TotalLiabilitiesEOYAmt0213514
IRS990/TotalLiabilitiesGrp/BOYAmt026887
IRS990/TotalLiabilitiesGrp/EOYAmt0213514
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-13070
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-38080
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0196457
IRS990/TotalProgramServiceRevenueAmt04215
IRS990/TotalReportableCompFromOrgAmt074200
IRS990/TotalRevenueGrp/ExclusionAmt0228
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04215
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0283199
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013817
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0175434
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01273
IRS990/TravelGrp/ManagementAndGeneralAmt01360
IRS990/TravelGrp/ProgramServicesAmt05500
IRS990/TravelGrp/TotalAmt08133
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 12408
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd0277092408
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.COMMONENTERPRISE.COOP
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$175,434
Liabilities
$213,514
Net assets
-$38,080
Revenue
$283,199
Expenses
$308,209
Net income
-$25,010
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.88$1.04$0.16$0.51$0.49$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.58$0.18$0.32$0.37$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.30$0.43$0.12$0.32$0.39$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.22$0.07$0.39$0.42$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.21$0.04$0.28$0.31$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.03$0.01$0.30$0.29$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.04$0.02$0.25$0.26$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.06$0.01$0.18$0.17$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.03$0.02$0.25$0.28$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.27$0.27$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.02$0.09$0.08$0.01
2013Summary only. Only limited summary data is available for this year.$0.01$0.01$0.07$0.07$0.00