Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
990 • Fiscal year 2016 • EIN 56-1708764
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
63rd percentile
Higher top officer pay than 63% of similar nonprofits.
Top officer pay equals 82.7% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Assets
Up$637,761
Up $53,212 (+9.1%) from 2015
Net Assets
Down$427,420
Down $114,843 (-21%) from 2015
Liabilities
Up$210,341
Up $168,055 (+397%) from 2015
Revenue
Down$85,560
Down $21,759 (-20%) from 2015
Expenses
Up$200,403
Up $2,955 (+1.5%) from 2015
Net Income
Down-$114,843
Down $24,714 (-27%) from 2015
The mission of Belmont CDC is to preserve the historic integrity of the Belmont neighborhood of Charlotte, North Carolina and surrounding areas, utilizing traditional and non-traditional methods of community economic development. The goal of Belmont CDC is to provide affordable housing, educational, and living wage employment opportunities; business and entrepreneurship development, elderly housing, services for low-to-moderate-income residents, and ensure full access to and participation in the economic revitalization of the community.
To preserve the historic integrity of Belmont neighborhood and surrounding areas, utilizing traditional and non-traditional methods of community economic development.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $63,694 | $212,138 | ▲ $148,444 |
| Inventories for Sale or Use | $139,020 | $149,650 | ▲ $10,630 |
| Investments Program Related | - | $29,387 | - |
| Land, Buildings, and Equipment, Net | $2,407 | $0 | ▼ $2,407 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $584,549 | $637,761 | ▲ $53,212 |
| Other Assets Total | $379,428 | $246,586 | ▼ $132,842 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $23,376 | $183,030 | ▲ $159,654 |
| Accounts Payable and Accrued Expenses | $18,910 | $27,311 | ▲ $8,401 |
| Total Liabilities | $42,286 | $210,341 | ▲ $168,055 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $542,263 | $427,420 | ▼ $114,843 |
| Total Net Assets Fund Balance | $542,263 | $427,420 | ▼ $114,843 |
| Total Liabilities and Net Assets / Fund Balance | $584,549 | $637,761 | ▲ $53,212 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $27,462 | $27,462 |
| Other Land Buildings | - | $2,800 | $2,800 |
| Other Assets Org | $1,350 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Reginald Jones | Executive Direc | FT | $70,725 | $70,725 |
| Name | Title |
|---|---|
| Rodrick Banks | Chairman |
| Valery Exis | Vice Chair |
| Derek Wilson | Director |
| Michael Hall | Director |
| Sedrick McCallum | Director |
| Tracy Montross | Director |
| Demetria Faulkner-Welch | Secretary |
| Reginald McKnight | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Real Estate Other | 1 | $70,600 | Fair Market Value (FMV) |
| Total Noncash Contributions | 1 | $70,600 | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $138,963 |
| Other Expenses | $61,440 |
| Total Fundraising Expense | $16,611 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $35,363 | $28,290 | $7,072 | $70,725 |
| Other Salaries and Wages | $22,060 | $17,649 | $4,413 | $44,122 |
| Office Expenses | $13,702 | $8,468 | $1,068 | $23,238 |
| Fees for Services Other | $5,764 | $14,241 | $135 | $20,140 |
| Other Employee Benefits | $7,665 | $6,132 | $1,533 | $15,330 |
| Payroll Taxes | $4,393 | $3,514 | $879 | $8,786 |
| Occupancy | $3,585 | $1,722 | $431 | $5,738 |
| Other Expenses | $2,308 | $1,846 | $462 | $4,616 |
| Insurance | $1,886 | $1,509 | $377 | $3,772 |
| Depreciation Depletion | $1,203 | $963 | $241 | $2,407 |
| Interest | $1,529 | - | - | $1,529 |
| Total Functional Expenses | $99,458 | $84,334 | $16,611 | $200,403 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $737,363 |
| Expenses Not Reported on Form 990 | $536,960 |
| Expenses per Audited Statements | $200,403 |
| Total Expenses per Form 990 | $200,403 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The 990 will be reviewed by the Executive Director before filing.”
“Made available upon request.”
“Cost of inventory sold $536960”
“Cost of inventory sold $536960”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 18910 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 27311 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To preserve the historic integrity of Belmont neighborhood and surrounding areas, utilizing traditional and non-traditional methods of community economic development. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherContributionsAmt | 0 | 170151 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Reginald Jones |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7043350450 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1601 Harrill Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Charlotte |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28205 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 63694 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 212138 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 7072 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 28290 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 35363 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 70725 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 170151 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -90170 |
| IRS990/CYOtherExpensesAmt | 0 | 61440 |
| IRS990/CYOtherRevenueAmt | 0 | 5579 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -114843 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 138963 |
| IRS990/CYTotalExpensesAmt | 0 | 200403 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 16611 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 85560 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 241 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 963 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1203 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2407 |
| IRS990/Desc | 0 | The organization works to improve the quality of life of the residents of the Belmont neighborhood in Charlotte, NC by improving housing & providing educational & business opportunities. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 99458 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 135 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 14241 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 5764 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 20140 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 37.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Rodrick Banks |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Valery Exis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Demetria Faulkner-Welch |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Derek Wilson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Tracy Montross |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Sedrick McCallum |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Reginald McKnight |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Michael Hall |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Reginald Jones |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 70725 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Executive Direc |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -90170 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 446790 |
| IRS990/GrossReceiptsAmt | 0 | 622520 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 377 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1509 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1886 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3772 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 1529 |
| IRS990/InterestGrp/TotalAmt | 0 | 1529 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 139020 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 149650 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 29387 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 30262 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2407 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 30262 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 536960 |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To preserve the historic integrity of Belmont neighborhood and surrounding areas, utilizing traditional and non-traditional methods of community economic development. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 23376 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 183030 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 542263 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 427420 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -90170 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -90170 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoncashContributionsAmt | 0 | 70600 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 431 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1722 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 3585 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5738 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 1068 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 8468 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 13702 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 23238 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 379428 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 246586 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 1533 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 6132 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 7665 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 15330 |
| IRS990/OtherExpensesGrp/Desc | 0 | Communications |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 462 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1846 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2308 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 4616 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Other |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5579 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 5579 |
| IRS990/OtherRevenueTotalAmt | 0 | 5579 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 4413 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 17649 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 22060 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 44122 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 879 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3514 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 4393 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8786 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Reginald Jones |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 62994 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 29639 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 54662 |
| IRS990/PYOtherRevenueAmt | 0 | 14686 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -90129 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 142786 |
| IRS990/PYTotalExpensesAmt | 0 | 197448 |
| IRS990/PYTotalRevenueAmt | 0 | 107319 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -114843 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 170151 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 62994 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 372145 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 175977 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 542383 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1323650 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 19 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 5579 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 14686 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6905 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2019 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 202 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 29391 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.92810 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.92170 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1255711 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 67939 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 170151 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 62994 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 372145 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 175977 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 542383 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1323650 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1353060 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 27462 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 27462 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 536960 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 200403 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 245236 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 1350 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Construction in Process |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | Employee Receivable |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 536960 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 2800 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2800 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 536960 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 536960 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 85560 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Cost of inventory sold $536960 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | Cost of inventory sold $536960 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part XII, Line 2d: Other expenses and losses per audited F/S |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 246586 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 200403 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 85560 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 622520 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 737363 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | false |
| IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt | 0 | FMV |
| IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt | 0 | 70600 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | false |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The 990 will be reviewed by the Executive Director before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Made available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.