Civic Intelligence

Brick Capital Community Development Corporation

990 • Fiscal year 2021 • EIN 56-1706757

Jan 01, 2021 to Dec 31, 2021 • Filed on Dec 08, 2022

Organization ProfileWWW.BC-CDC.ORG
PO Box 568Sanford, NC 27331-0568

(919) 775-2300

Siviq Scores

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

Liabilities / Assets

71st percentile

0.38x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

2.77x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Net Margin

18th percentile

-9.2%

Higher net margin than 18% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Asset Growth

65th percentile

17%

Faster asset growth than 65% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$3,435,000

Up $498,881 (+17%) from 2020

Net Assets

Down

$2,139,788

Down $42,820 (-2.0%) from 2020

Liabilities

Up

$1,295,212

Up $541,701 (+72%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin18th percentile

Revenue

Down

$467,042

Down $1,485,450 (-76%) from 2020

Expenses

Up

$509,862

Up $80,057 (+19%) from 2020

Net Income

Down

-$42,820

Down $1,565,507 (-103%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,447,081Liabilities 2011: $1,683,470Net Assets 2011: $1,763,6112011Assets 2012: $3,327,961Liabilities 2012: $1,700,042Net Assets 2012: $1,627,9192012Assets 2013: $3,188,113Liabilities 2013: $1,669,082Net Assets 2013: $1,519,0312013Assets 2014: $3,160,545Liabilities 2014: $1,754,598Net Assets 2014: $1,405,9472014Assets 2015: $2,992,413Liabilities 2015: $1,879,915Net Assets 2015: $1,112,4982015Assets 2016: $2,886,444Liabilities 2016: $1,736,422Net Assets 2016: $1,150,0222016Assets 2017: $1,885,122Liabilities 2017: $1,626,813Net Assets 2017: $258,3092017Assets 2018: $1,674,562Liabilities 2018: $1,559,500Net Assets 2018: $115,0622018Assets 2019: $1,627,458Liabilities 2019: $1,519,836Net Assets 2019: $107,6222019Assets 2020: $2,936,119Liabilities 2020: $753,511Net Assets 2020: $2,182,6082020Assets 2021: $3,435,000Liabilities 2021: $1,295,212Net Assets 2021: $2,139,7882021Assets 2022: $3,550,156Liabilities 2022: $1,483,040Net Assets 2022: $2,067,1162022Assets 2023: $3,586,290Liabilities 2023: $1,889,039Net Assets 2023: $1,697,2512023Assets 2024: $3,862,202Liabilities 2024: $2,957,274Net Assets 2024: $904,9282024

Highlighted filing

2021

Assets$3,435,000
Liabilities$1,295,212
Net Assets$2,139,788
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $450,791Expenses 2011: $425,352Net Income 2011: $25,4392011Revenue 2012: $335,801Expenses 2012: $449,757Net Income 2012: -$113,9562012Revenue 2013: $364,808Expenses 2013: $472,011Net Income 2013: -$107,2032013Revenue 2014: $334,368Expenses 2014: $447,452Net Income 2014: -$113,0842014Revenue 2015: $286,909Expenses 2015: $398,299Net Income 2015: -$111,3902015Revenue 2016: $455,493Expenses 2016: $417,969Net Income 2016: $37,5242016Revenue 2017: $307,253Expenses 2017: $1,087,454Net Income 2017: -$780,2012017Revenue 2018: $267,221Expenses 2018: $410,468Net Income 2018: -$143,2472018Revenue 2019: $234,565Expenses 2019: $413,341Net Income 2019: -$178,7762019Revenue 2020: $1,952,492Expenses 2020: $429,805Net Income 2020: $1,522,6872020Revenue 2021: $467,042Expenses 2021: $509,862Net Income 2021: -$42,8202021Revenue 2022: $448,682Expenses 2022: $521,354Net Income 2022: -$72,6722022Revenue 2023: $494,327Expenses 2023: $754,292Net Income 2023: -$259,9652023Revenue 2024: $1,887,519Expenses 2024: $1,883,714Net Income 2024: $3,8052024

Highlighted filing

2021

Revenue$467,042
Expenses$509,862
Net Income-$42,820
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Dec 8, 2022
Return Version
2021v4.2
Gross Receipts
$995,232
Mission and Program Overview

Mission

The organization, together with public and private investors, provides affordable housing, housing counseling, education, community, human and economic development to improve the quality of life in lee and surrounding counties of nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,754,782$3,232,144▲ $477,362
Cash and Non-Interest-Bearing Accounts$114,721$136,269▲ $21,548
Savings and Temporary Cash Investments$58,247$60,666▲ $2,419
Accounts Receivable$8,369$5,921▼ $2,448
Total Assets$2,936,119$3,435,000▲ $498,881
Liabilities
Mortgage Notes Payable Secured by Investment Property$668,779$1,201,606▲ $532,827
Other Liabilities$58,247$60,666▲ $2,419
Accounts Payable and Accrued Expenses$26,485$32,940▲ $6,455
Total Liabilities$753,511$1,295,212▲ $541,701
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,141,855$2,125,880▼ $15,975
Net Assets With Donor Restrictions$40,753$13,908▼ $26,845
Total Net Assets Fund Balance$2,182,608$2,139,788▼ $42,820
Total Liabilities and Net Assets / Fund Balance$2,936,119$3,435,000▲ $498,881

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,226,061$926,015$2,152,076
Land$1,753,926-$1,753,926
Other Land Buildings$252,157-$252,157
Equipment$0$52,136$52,136
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Margaret MurchisonPresident
William T WilsonVice President
James FrenchDirector
Kelley DuboisDirector
Milton BurchDirector
Pastor Rey KrenzlerDirector
Reverend Freeman BrooksDirector
Terry McmillanDirector
Brenda JohnsonAssistant Secretary
Brenda WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$146,061
Program Service Revenue
$219,429
Investment Income
$88,810
Other Revenue
$12,742
All Other Contributions
$85,330
Change in Net Assets
$-42,820

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other2$67,219Fair Market Value (FMV)
Other Non Cash Contri Table1$35,760Fair Market Value (FMV)
Other Non Cash Contri Table1$27,000Fair Market Value (FMV)
Total Noncash Contributions4$129,979-

Audited Revenue Reconciliation

Revenue per Audited Statements
$467,042
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$467,042
Total Revenue per Form 990
$467,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$349,825
Salaries, Compensation, and Employee Benefits$160,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$104,541$38,666-$143,207
Depreciation Depletion$60,541$9,855-$70,396
Fees for Services Accounting-$41,559-$41,559
Interest$33,517$1,037-$34,554
All Other Expenses$20,917$10,479-$31,396
Insurance$11,271$3,757-$15,028
Fees for Services Other-$13,700-$13,700
Payroll Taxes$6,436$5,265-$11,701
Other Expenses$7,555$29,900-$7,555
Office Expenses$4,981$1,661-$6,642
Other Employee Benefits$2,821$2,308-$5,129
Fees for Services Legal-$25-$25
Total Functional Expenses$345,892$163,970$0$509,862

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$509,862
Total Expenses per Audited Statements$509,862
Total Expenses per Form 990$509,862
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Fred Murchison IiiSon of Board Member, Margaret Murchison.PROPERTY LOCATED AT 3006 PARADISE WAY WAS SOLD BY BRICK CAPITAL COMMUNITY DEVELOPMENT CORPORATION TO FRED MURCHISON, III. THE TRANSACTION WAS UNDER ARM'S LENGTH TERMS AND CONSISTENT WITH OTHER UNRELATED PARTY TRANSACTIONS.No$170,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Property Placement Reserves$45,236
Escrow Deposits$15,430
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
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 B, Line 11B

“Form 990 is presented to the board of directors for its review and approval prior to being filed.”

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

“Board members and employees are required to disclose conflicts of interest when they arise. A conflict of interest policy is signed annually.”

Form 990, Part VI, Section B, Line 15A

“Current executive director pay is approved by the board.”

Form 990, Part VI, Section C, Line 19

“Organizational and other documents are available upon written request to the organization's office.”

Filing and Contact Details

Filer

Filer Name
Brick Capital Community Development
EIN
56-1706757
Phone
9197752300
Address
PO BOX 568, SANFORD, NC 27331-0568

Signing Officer

Name
Kerry Bashaw
Title
Executive Director
Phone
9197087864
Signed
2022-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerry Bashaw
Formed
1990
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
5

Preparer

Firm
Williams Overman Pierce Llp
Address
328 E MARKET STREET SUITE 100, GREENSBORO, NC 27401
Preparer
Maryellen Prance CPA
Phone
3362751686
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization evaluates all significant tax positions in accordance with fasb asc 740-10, income taxes. As of december 31, 2021, the organization does not believe that it has taken any positions that would require the recording of any additional tax liability, nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next year.”

Raw XML AppendixShowing 400 of 508 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/BOYAmt026485
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt032940
IRS990/AccountsReceivableGrp/BOYAmt08369
IRS990/AccountsReceivableGrp/EOYAmt05921
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION, TOGETHER WITH PUBLIC AND PRIVATE INVESTORS, PROVIDES AFFORDABLE HOUSING, HOUSING COUNSELING, EDUCATION, COMMUNITY, HUMAN AND ECONOMIC DEVELOPMENT TO IMPROVE THE QUALITY OF LIFE IN LEE AND SURROUNDING COUNTIES OF NC.
IRS990/AllOtherContributionsAmt085330
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt010479
IRS990/AllOtherExpensesGrp/ProgramServicesAmt020917
IRS990/AllOtherExpensesGrp/TotalAmt031396
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0KERRY BASHAW
IRS990/BooksInCareOfDetail/PhoneNum09197752300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 568
IRS990/BooksInCareOfDetail/USAddress/CityNm0SANFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0273310568
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0114721
IRS990/CashNonInterestBearingGrp/EOYAmt0136269
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0146061
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt088810
IRS990/CYOtherExpensesAmt0349825
IRS990/CYOtherRevenueAmt012742
IRS990/CYProgramServiceRevenueAmt0219429
IRS990/CYRevenuesLessExpensesAmt0-42820
IRS990/CYSalariesCompEmpBnftPaidAmt0160037
IRS990/CYTotalExpensesAmt0509862
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0467042
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09855
IRS990/DepreciationDepletionGrp/ProgramServicesAmt060541
IRS990/DepreciationDepletionGrp/TotalAmt070396
IRS990/Desc0INCREASED THE AVAILABILITY OF MODERATELY PRICED HOUSING FOR THE LOW TO MODERATE INCOME CITIZENS OF LEE AND SURROUNDING COUNTIES. INCREASED HOUSING COUNSELING ACTIVITY FOR FIRST-TIME HOMEBUYERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt040753
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt013908
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0345892
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt041559
IRS990/FeesForServicesAccountingGrp/TotalAmt041559
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt025
IRS990/FeesForServicesLegalGrp/TotalAmt025
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt013700
IRS990/FeesForServicesOtherGrp/TotalAmt013700
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/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MILTON BURCH
IRS990/Form990PartVIISectionAGrp/PersonNm1REVEREND FREEMAN BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES FRENCH
IRS990/Form990PartVIISectionAGrp/PersonNm3TERRY MCMILLAN
IRS990/Form990PartVIISectionAGrp/PersonNm4PASTOR REY KRENZLER
IRS990/Form990PartVIISectionAGrp/PersonNm5KELLEY DUBOIS
IRS990/Form990PartVIISectionAGrp/PersonNm6MARGARET MURCHISON
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIAM T WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm8BRENDA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm9BRENDA JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt088810
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt060731
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0617000
IRS990/GrossReceiptsAmt0995232
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03757
IRS990/InsuranceGrp/ProgramServicesAmt011271
IRS990/InsuranceGrp/TotalAmt015028
IRS990/InterestGrp/ManagementAndGeneralAmt01037
IRS990/InterestGrp/ProgramServicesAmt033517
IRS990/InterestGrp/TotalAmt034554
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0978151
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02754782
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03232144
IRS990/LandBldgEquipCostOrOtherBssAmt04210295
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0528190
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION, TOGETHER WITH PUBLIC AND PRIVATE INVESTORS, PROVIDES AFFORDABLE HOUSING, HOUSING COUNSELING, EDUCATION, COMMUNITY, HUMAN AND ECONOMIC DEVELOPMENT TO IMPROVE THE QUALITY OF LIFE IN LEE AND SURROUNDING COUNTIES OF NC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0668779
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01201606
IRS990/NetAssetsOrFundBalancesBOYAmt02182608
IRS990/NetAssetsOrFundBalancesEOYAmt02139788
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt088810
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt088810
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02141855
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02125880
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0129979
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01661
IRS990/OfficeExpensesGrp/ProgramServicesAmt04981
IRS990/OfficeExpensesGrp/TotalAmt06642
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02308
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02821
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05129
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01357
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14401
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt229900
IRS990/OtherExpensesGrp/ProgramServicesAmt053703
IRS990/OtherExpensesGrp/ProgramServicesAmt139609
IRS990/OtherExpensesGrp/ProgramServicesAmt27555
IRS990/OtherExpensesGrp/TotalAmt055060
IRS990/OtherExpensesGrp/TotalAmt144010
IRS990/OtherExpensesGrp/TotalAmt229900
IRS990/OtherExpensesGrp/TotalAmt37555
IRS990/OtherLiabilitiesGrp/BOYAmt058247
IRS990/OtherLiabilitiesGrp/EOYAmt060666
IRS990/OtherRevenueMiscGrp/BusinessCd0624200
IRS990/OtherRevenueMiscGrp/BusinessCd1642000
IRS990/OtherRevenueMiscGrp/Desc0DEBT FORGIVENESS INCOM
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt09000
IRS990/OtherRevenueMiscGrp/ExclusionAmt13742
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13742
IRS990/OtherRevenueTotalAmt012742
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038666
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0104541
IRS990/OtherSalariesAndWagesGrp/TotalAmt0143207
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05265
IRS990/PayrollTaxesGrp/ProgramServicesAmt06436
IRS990/PayrollTaxesGrp/TotalAmt011701
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KERRY BASHAW
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/BusinessCd1624200
IRS990/ProgramServiceRevenueGrp/BusinessCd2624200
IRS990/ProgramServiceRevenueGrp/BusinessCd3624200
IRS990/ProgramServiceRevenueGrp/Desc0SUPPORTIVE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2HOUSING COUNSELING
IRS990/ProgramServiceRevenueGrp/Desc3DEVELOPMENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0175938
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132441
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27050
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0175938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132441
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01703249
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt035109
IRS990/PYOtherExpensesAmt0308389
IRS990/PYOtherRevenueAmt09000
IRS990/PYProgramServiceRevenueAmt0205134
IRS990/PYRevenuesLessExpensesAmt01522687
IRS990/PYSalariesCompEmpBnftPaidAmt0121416
IRS990/PYTotalExpensesAmt0429805
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01952492
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-42820
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0219429
IRS990/SavingsAndTempCashInvstGrp/BOYAmt058247
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060666
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0943500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0943800
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 15,571. 2018 AMOUNT: $ 21,985. 2019 AMOUNT: $ 13,499. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 3,742. DEBT FORGIVENESS INCOME - 2017 AMOUNT: $ 9,000. 2018 AMOUNT: $ 9,000. 2019 AMOUNT: $ 9,000. 2020 AMOUNT: $ 9,000. 2021 AMOUNT: $ 9,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0146061
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01703249
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04043
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01868953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0219429
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0205134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0191313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0201922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0233537
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01051335
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt012742
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt09000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt022499
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt030985
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt024571
IRS990ScheduleA/OtherIncome509Grp/TotalAmt099797
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.65440
IRS990ScheduleA/PublicSupportPY509Pct00.64880
IRS990ScheduleA/PublicSupportTotal509Amt01976488
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0943500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0943800
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0365490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01908383
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0202913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0205965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0237537
IRS990ScheduleA/Total509Grp/TotalAmt02920288
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0378232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01917383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0225412
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0236950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0262108
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03020085
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/BookValueAmt01226061
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0926015
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02152076
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052136
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052136
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0509862
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01753926
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01753926
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0252157
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0252157
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015430
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt145236
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PROPERTY PLACEMENT RESERVES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0467042
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740-10, INCOME TAXES. AS OF DECEMBER 31, 2021, THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY, NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03232144
IRS990ScheduleD/TotalExpensesPerForm990Amt0509862
IRS990ScheduleD/TotalLiabilityAmt060666
IRS990ScheduleD/TotalRevenuePerForm990Amt0467042
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0467042
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0509862
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0FRED MURCHISON III
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SON OF BOARD MEMBER, MARGARET MURCHISON.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0170000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PROPERTY LOCATED AT 3006 PARADISE WAY WAS SOLD BY BRICK CAPITAL COMMUNITY DEVELOPMENT CORPORATION TO FRED MURCHISON, III. THE TRANSACTION WAS UNDER ARM'S LENGTH TERMS AND CONSISTENT WITH OTHER UNRELATED PARTY TRANSACTIONS.
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0HVAC UNITS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1HOT WATER HEATERS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,435,000
Liabilities
$1,295,212
Net assets
$2,139,788
Revenue
$467,042
Expenses
$509,862
Net income
-$42,820
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.86$2.96$0.90$1.89$1.88$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.59$1.89$1.70$0.49$0.75$0.26
2022Detailed filing. Detailed filing data is available for this year.$3.55$1.48$2.07$0.45$0.52$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.44$1.30$2.14$0.47$0.51$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.94$0.75$2.18$1.95$0.43$1.52
2019Summary only. Only limited summary data is available for this year.$1.63$1.52$0.11$0.23$0.41$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.67$1.56$0.12$0.27$0.41$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.89$1.63$0.26$0.31$1.09$0.78
2016Detailed filing. Detailed filing data is available for this year.$2.89$1.74$1.15$0.46$0.42$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.99$1.88$1.11$0.29$0.40$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.16$1.75$1.41$0.33$0.45$0.11
2013Summary only. Only limited summary data is available for this year.$3.19$1.67$1.52$0.36$0.47$0.11
2012Summary only. Only limited summary data is available for this year.$3.33$1.70$1.63$0.34$0.45$0.11
2011Summary only. Only limited summary data is available for this year.$3.45$1.68$1.76$0.45$0.43$0.03