Civic Intelligence

S G Atkins Community Development Corporation

990 • Fiscal year 2019 • EIN 56-2087076

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 17, 2020

Organization ProfileWWW.SGACDC.ORG
1922 S Martin Luther King DriveWinstonsalem, NC 27107

(336) 734-6915

Siviq Scores

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

Liabilities / Assets

67th percentile

0.35x

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

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

3.41x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Net Margin

11th percentile

-23%

Higher net margin than 11% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$106,361

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 20.8% of source-year revenue.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-10%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$4,982,869

Down $644,894 (-11%) from 2018

Net Assets

Down

$3,241,923

Down $126,692 (-3.8%) from 2018

Liabilities

Down

$1,740,946

Down $518,202 (-23%) from 2018

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin11th percentile

Revenue

Down

$510,379

Down $59,176 (-10%) from 2018

Expenses

Up

$629,639

Up $32,699 (+5.5%) from 2018

Net Income

Down

-$119,260

Down $91,875 (-335%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,452,831Liabilities 2011: $513,724Net Assets 2011: $1,939,1072011Assets 2012: $3,005,996Liabilities 2012: $20,996Net Assets 2012: $2,985,0002012Assets 2013: $3,141,151Liabilities 2013: $23,206Net Assets 2013: $3,117,9452013Assets 2014: $3,315,679Liabilities 2014: $113,098Net Assets 2014: $3,202,5812014Assets 2015: $4,204,312Liabilities 2015: $107,233Net Assets 2015: $4,097,0792015Assets 2016: $5,041,524Liabilities 2016: $1,574,422Net Assets 2016: $3,467,1022016Assets 2017: $4,981,990Liabilities 2017: $1,585,990Net Assets 2017: $3,396,0002017Assets 2018: $5,627,763Liabilities 2018: $2,259,148Net Assets 2018: $3,368,6152018Assets 2019: $4,982,869Liabilities 2019: $1,740,946Net Assets 2019: $3,241,9232019Assets 2020: $5,009,813Liabilities 2020: $1,789,490Net Assets 2020: $3,220,3232020Assets 2021: $5,076,056Liabilities 2021: $1,894,919Net Assets 2021: $3,181,1372021Assets 2022: $5,237,337Liabilities 2022: $1,933,935Net Assets 2022: $3,303,4022022Assets 2023: $4,819,862Liabilities 2023: $1,768,474Net Assets 2023: $3,051,3882023Assets 2024: $4,658,977Liabilities 2024: $1,754,540Net Assets 2024: $2,904,4372024

Highlighted filing

2019

Assets$4,982,869
Liabilities$1,740,946
Net Assets$3,241,923
Open 2019 Filing

Operations Trend

Revenue Growth22nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,543,978Expenses 2011: $233,372Net Income 2011: $1,310,6062011Revenue 2012: $1,398,767Expenses 2012: $352,874Net Income 2012: $1,045,8932012Revenue 2013: $621,259Expenses 2013: $488,314Net Income 2013: $132,9452013Revenue 2014: $691,162Expenses 2014: $606,526Net Income 2014: $84,6362014Revenue 2015: $1,488,743Expenses 2015: $594,245Net Income 2015: $894,4982015Revenue 2016: $1,396,285Expenses 2016: $2,026,262Net Income 2016: -$629,9772016Revenue 2017: $561,538Expenses 2017: $638,383Net Income 2017: -$76,8452017Revenue 2018: $569,555Expenses 2018: $596,940Net Income 2018: -$27,3852018Revenue 2019: $510,379Expenses 2019: $629,639Net Income 2019: -$119,2602019Revenue 2020: $642,733Expenses 2020: $664,333Net Income 2020: -$21,6002020Revenue 2021: $793,474Expenses 2021: $832,660Net Income 2021: -$39,1862021Revenue 2022: $1,070,705Expenses 2022: $947,974Net Income 2022: $122,7312022Revenue 2023: $812,357Expenses 2023: $1,064,370Net Income 2023: -$252,0132023Revenue 2024: $1,093,151Expenses 2024: $1,240,102Net Income 2024: -$146,9512024

Highlighted filing

2019

Revenue$510,379
Expenses$629,639
Net Income-$119,260
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 17, 2020
Return Version
2018v3.2
Gross Receipts
$1,000,900
Mission and Program Overview

Mission

Housing restoration and overall economic development in east winston-salem, north carolina along the martin luther king jr. Drive corridor

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,542,764$4,422,684▼ $120,080
Inventories for Sale or Use$834,919$321,544▼ $513,375
Cash and Non-Interest-Bearing Accounts$227,165$202,975▼ $24,190
Pledges and Grants Receivable$850$24,195▲ $23,345
Accounts Receivable$14,633$11,471▼ $3,162
Total Assets$5,620,331$4,982,869▼ $637,462
Liabilities
Other Liabilities$2,252,160$1,737,715▼ $514,445
Accounts Payable and Accrued Expenses$4,266--
Deferred Revenue$2,722$3,231▲ $509
Total Liabilities$2,259,148$1,740,946▼ $518,202
Net Assets / Fund Balance
Unrestricted Net Assets$3,216,262$3,144,986▼ $71,276
Temporarily Rstr Net Assets$144,921$96,937▼ $47,984
Total Net Assets Fund Balance$3,361,183$3,241,923▼ $119,260
Total Liabilities and Net Assets / Fund Balance$5,620,331$4,982,869▼ $637,462

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,157,107$710,512$4,867,619
Equipment$50,577$190,087$240,664
Land$215,000-$215,000
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleOtherTotal
Walter FarabeePresident$106,361$106,361

Board Members and Trustees

NameTitle
Cheraton LoveDirector
Constance MalletteDirector
Craig RichardsonDirector
Jack S Monell PhdDirector
John DavenportDirector
Kenya ThorntonDirector
Melicia Whitt-glover PhdDirector
Richard G Moye PhdDirector
Timothy McmullenDirector
Tonya McdanielDirector
Virginia HardestyDirector
Carol DavisExecutive Di
Jason ThielSecretary
Evelyn AcreeTreasurer
Allan YoungerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$149,073
Program Service Revenue
$312,306
Investment Income
$20
Other Revenue
$48,980
All Other Contributions
$89,073
Change in Net Assets
$-119,260

Audited Revenue Reconciliation

Revenue per Audited Statements
$510,379
Revenue Not Reported on Form 990
$106,362
Total Revenue per Audited Statements
$616,741
Total Revenue per Form 990
$510,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$427,560
Salaries, Compensation, and Employee Benefits$202,079
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,794$46,598-$186,392
Depreciation Depletion$133,317$4,664-$137,981
Occupancy$52,016--$52,016
Office Expenses$34,637$4,735-$39,372
Fees for Services Accounting-$27,000-$27,000
Payroll Taxes$10,670$3,557-$14,227
Insurance$9,396--$9,396
All Other Expenses$7,775--$7,775
Advertising-$5,094-$5,094
Other Expenses$4,328--$4,328
Travel-$3,501-$3,501
Other Employee Benefits$1,095$365-$1,460
Fees for Services Other$1,200--$1,200
Total Functional Expenses$534,125$95,514$0$629,639

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$736,001
Expenses per Audited Statements$629,639
Total Expenses per Form 990$629,639
Expenses Not Reported on Form 990$106,362
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Deferred Note Payable$1,584,000
Note Payable$139,276
Security Deposits$14,439
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

“Management, board, and certain funding organizations review prior to filing”

Form 990, Page 6, Part VI, Line 12C

“Conflicts of interest are discussed during annual performance review”

Form 990, Page 6, Part VI, Line 15A

“Salary adjustments are authorized by the board of directors”

Form 990, Page 6, Part VI, Line 19

“All pertinent documents are available for inspection at the organization's office”

Filing and Contact Details

Filer

Filer Name
Sg Atkins Community Development
EIN
56-2087076
Phone
3367346915
Address
1922 S MARTIN LUTHER KING DRIVE, WINSTONSALEM, NC 27107

Signing Officer

Name
Carol Davis
Title
Executive Director
Phone
3367346900
Signed
2020-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Davis
Formed
1998
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
20
Volunteers
23

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
Thomas M Borden
Phone
3367250635
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The cdc is an exempt organization under section 501(c)(3) of the internal revenue code and classified by the united states internal revenue service as other than a private foundation. The organization is subject to income tax on unrelated business income. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The cdc's forms 990, return of organization exempt from income tax, for the years ending june 30, 2017, 2018, and 2019 are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 488 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04266
IRS990/AccountsReceivableGrp/BOYAmt014633
IRS990/AccountsReceivableGrp/EOYAmt011471
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0HOUSING RESTORATION AND OVERALL ECONOMIC DEVELOPMENT IN EAST WINSTON-SALEM, NORTH CAROLINA ALONG THE MARTIN LUTHER KING JR. DRIVE CORRIDOR
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05094
IRS990/AdvertisingGrp/TotalAmt05094
IRS990/AllOtherContributionsAmt089073
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07775
IRS990/AllOtherExpensesGrp/TotalAmt07775
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0DAVID C HINTONCPA
IRS990/BooksInCareOfDetail/PhoneNum03367244261
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0832-D WEST FIFTH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINSTONSALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027101
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0227165
IRS990/CashNonInterestBearingGrp/EOYAmt0202975
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0490521
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0149073
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt020
IRS990/CYOtherExpensesAmt0427560
IRS990/CYOtherRevenueAmt048980
IRS990/CYProgramServiceRevenueAmt0312306
IRS990/CYRevenuesLessExpensesAmt0-119260
IRS990/CYSalariesCompEmpBnftPaidAmt0202079
IRS990/CYTotalExpensesAmt0629639
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0510379
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02722
IRS990/DeferredRevenueGrp/EOYAmt03231
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04664
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0133317
IRS990/DepreciationDepletionGrp/TotalAmt0137981
IRS990/Desc0FUNDED VARIOUS INITIATIVES IN MARTIN LUTHER KING JR. CORRIDOR FOR INFRASTRUCTURE DEVELOPMENT, ECONOMIC DEVELOPMENT, RECRUITMENT AND SITE DEVELOPMENT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0534125
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt027000
IRS990/FeesForServicesAccountingGrp/TotalAmt027000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01200
IRS990/FeesForServicesOtherGrp/TotalAmt01200
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0WALTER FARABEE
IRS990/Form990PartVIISectionAGrp/PersonNm1ALLAN YOUNGER
IRS990/Form990PartVIISectionAGrp/PersonNm2JACK S MONELL PHD
IRS990/Form990PartVIISectionAGrp/PersonNm3VIRGINIA HARDESTY
IRS990/Form990PartVIISectionAGrp/PersonNm4CONSTANCE MALLETTE
IRS990/Form990PartVIISectionAGrp/PersonNm5JASON THIEL
IRS990/Form990PartVIISectionAGrp/PersonNm6EVELYN ACREE
IRS990/Form990PartVIISectionAGrp/PersonNm7MELICIA WHITT-GLOVER PHD
IRS990/Form990PartVIISectionAGrp/PersonNm8TIMOTHY MCMULLEN
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN DAVENPORT
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD G MOYE PHD
IRS990/Form990PartVIISectionAGrp/PersonNm11KENYA THORNTON
IRS990/Form990PartVIISectionAGrp/PersonNm12CRAIG RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm13TONYA MCDANIEL
IRS990/Form990PartVIISectionAGrp/PersonNm14CHERATON LOVE
IRS990/Form990PartVIISectionAGrp/PersonNm15CAROL DAVIS
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0106361
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt060000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01000900
IRS990/GrossSalesOfInventoryAmt0507725
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09396
IRS990/InsuranceGrp/TotalAmt09396
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0834919
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0321544
IRS990/InvestmentIncomeGrp/ExclusionAmt020
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0900599
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04542764
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04422684
IRS990/LandBldgEquipCostOrOtherBssAmt05323283
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HOUSING RESTORATION AND OVERALL ECONOMIC DEVELOPMENT IN EAST WINSTON-SALEM, NORTH CAROLINA ALONG THE MARTIN LUTHER KING JR. DRIVE CORRIDOR
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03361183
IRS990/NetAssetsOrFundBalancesEOYAmt03241923
IRS990/NetIncomeOrLossGrp/ExclusionAmt017204
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt017204
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt052016
IRS990/OccupancyGrp/TotalAmt052016
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04735
IRS990/OfficeExpensesGrp/ProgramServicesAmt034637
IRS990/OfficeExpensesGrp/TotalAmt039372
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0365
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01095
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01460
IRS990/OtherExpensesGrp/Desc0ENTERPRISE PROJECT EXPENS
IRS990/OtherExpensesGrp/Desc1KITCHEN EXPENSES
IRS990/OtherExpensesGrp/Desc2PROJECTS
IRS990/OtherExpensesGrp/Desc3EAST END MASTER PLAN
IRS990/OtherExpensesGrp/ProgramServicesAmt0124924
IRS990/OtherExpensesGrp/ProgramServicesAmt17778
IRS990/OtherExpensesGrp/ProgramServicesAmt27195
IRS990/OtherExpensesGrp/ProgramServicesAmt34328
IRS990/OtherExpensesGrp/TotalAmt0124924
IRS990/OtherExpensesGrp/TotalAmt17778
IRS990/OtherExpensesGrp/TotalAmt27195
IRS990/OtherExpensesGrp/TotalAmt34328
IRS990/OtherLiabilitiesGrp/BOYAmt02252160
IRS990/OtherLiabilitiesGrp/EOYAmt01737715
IRS990/OtherRevenueMiscGrp/Desc0KITCHEN INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER SUPPORT
IRS990/OtherRevenueMiscGrp/Desc2GARDEN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014111
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt112007
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt25658
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014111
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112007
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25658
IRS990/OtherRevenueTotalAmt031776
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046598
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0139794
IRS990/OtherSalariesAndWagesGrp/TotalAmt0186392
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03557
IRS990/PayrollTaxesGrp/ProgramServicesAmt010670
IRS990/PayrollTaxesGrp/TotalAmt014227
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0850
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt024195
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CAROL DAVIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCE CENTER
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME SOHS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0181012
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt194854
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt236440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0181012
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt194854
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt236440
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0260310
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt016
IRS990/PYOtherExpensesAmt0470617
IRS990/PYOtherRevenueAmt0135
IRS990/PYProgramServiceRevenueAmt0309094
IRS990/PYRevenuesLessExpensesAmt0-27385
IRS990/PYSalariesCompEmpBnftPaidAmt0126323
IRS990/PYTotalExpensesAmt0596940
IRS990/PYTotalRevenueAmt0569555
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-119260
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0149073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0260310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0252702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01161499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0478187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02301771
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt082
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01104609
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0507725
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0507725
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81930
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02301771
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0149073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0260310
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0252702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01161499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0478187
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02301771
IRS990ScheduleA/TotalSupportAmt02809578
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04157107
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0710512
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04867619
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0106362
IRS990ScheduleD/DonatedServicesUseFcltsAmt0106362
IRS990ScheduleD/EquipmentGrp/BookValueAmt050577
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0190087
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0240664
IRS990ScheduleD/ExpensesNotReportedAmt0106362
IRS990ScheduleD/ExpensesSubtotalAmt0629639
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0215000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0215000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01584000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1139276
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214439
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt0106362
IRS990ScheduleD/RevenueSubtotalAmt0510379
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CDC IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE UNITED STATES INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE CDC'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING JUNE 30, 2017, 2018, AND 2019 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04422684
IRS990ScheduleD/TotalExpensesPerForm990Amt0629639
IRS990ScheduleD/TotalLiabilityAmt01737715
IRS990ScheduleD/TotalRevenuePerForm990Amt0510379
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0616741
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0736001
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT, BOARD, AND CERTAIN FUNDING ORGANIZATIONS REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST ARE DISCUSSED DURING ANNUAL PERFORMANCE REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY ADJUSTMENTS ARE AUTHORIZED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL PERTINENT DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,982,869
Liabilities
$1,740,946
Net assets
$3,241,923
Revenue
$510,379
Expenses
$629,639
Net income
-$119,260
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$1.75$2.90$1.09$1.24$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.82$1.77$3.05$0.81$1.06$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$1.93$3.30$1.07$0.95$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$1.89$3.18$0.79$0.83$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$1.79$3.22$0.64$0.66$0.02
2019Detailed filing. Detailed filing data is available for this year.$4.98$1.74$3.24$0.51$0.63$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.63$2.26$3.37$0.57$0.60$0.03
2017Summary only. Only limited summary data is available for this year.$4.98$1.59$3.40$0.56$0.64$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.04$1.57$3.47$1.40$2.03$0.63
2015Summary only. Only limited summary data is available for this year.$4.20$0.11$4.10$1.49$0.59$0.89
2014Summary only. Only limited summary data is available for this year.$3.32$0.11$3.20$0.69$0.61$0.08
2013Summary only. Only limited summary data is available for this year.$3.14$0.02$3.12$0.62$0.49$0.13
2012Summary only. Only limited summary data is available for this year.$3.01$0.02$2.99$1.40$0.35$1.05
2011Summary only. Only limited summary data is available for this year.$2.45$0.51$1.94$1.54$0.23$1.31