Civic Intelligence

Prosperity Unlimited Inc.

990 • Fiscal year 2018 • EIN 58-2108838

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization Profilewww.prosperitycdc.org

View Organization Page

1660 Garnet StreetKannapolis, NC 28083

(704) 933-7405

Siviq Scores

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

Liabilities / Assets

24th percentile

0.05x

Higher debt load relative to assets than 24% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

28th percentile

0.25x

Higher debt load relative to revenue than 28% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Net Margin

84th percentile

19%

Higher net margin than 84% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

63rd percentile

$94,310

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Asset Growth

51st percentile

-2.2%

Faster asset growth than 51% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-41%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$2,580,705

Down $58,623 (-2.2%) from 2017

Net Assets

Up

$2,446,637

Up $201,691 (+9.0%) from 2017

Liabilities

Down

$134,068

Down $260,314 (-66%) from 2017

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin84th percentile

Revenue

Down

$546,545

Down $372,343 (-41%) from 2017

Expenses

Down

$442,293

Down $338,107 (-43%) from 2017

Net Income

Down

$104,252

Down $34,236 (-25%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth51st 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: $3,147,429Liabilities 2011: $1,602,209Net Assets 2011: $1,545,2202011Assets 2012: $3,132,126Liabilities 2012: $1,382,033Net Assets 2012: $1,750,0932012Assets 2013: $2,893,090Liabilities 2013: $1,094,338Net Assets 2013: $1,798,7522013Assets 2014: $2,998,465Liabilities 2014: $1,045,954Net Assets 2014: $1,952,5112014Assets 2015: $2,984,812Liabilities 2015: $620,584Net Assets 2015: $2,364,2282015Assets 2016: $2,707,552Liabilities 2016: $465,801Net Assets 2016: $2,241,7512016Assets 2017: $2,639,328Liabilities 2017: $394,382Net Assets 2017: $2,244,9462017Assets 2018: $2,580,705Liabilities 2018: $134,068Net Assets 2018: $2,446,6372018Assets 2019: $2,997,039Liabilities 2019: $97,612Net Assets 2019: $2,899,4272019Assets 2020: $3,257,070Liabilities 2020: $780Net Assets 2020: $3,256,2902020Assets 2021: $3,287,662Liabilities 2021: $780Net Assets 2021: $3,286,8822021Assets 2022: $3,352,855Liabilities 2022: $780Net Assets 2022: $3,352,0752022Assets 2023: $3,484,893Liabilities 2023: $2,403Net Assets 2023: $3,482,4902023Assets 2024: $3,521,463Liabilities 2024: $2,906Net Assets 2024: $3,518,5572024

Highlighted filing

2018

Assets$2,580,705
Liabilities$134,068
Net Assets$2,446,637
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,202,475Expenses 2011: $1,211,341Net Income 2011: -$8,8662011Revenue 2012: $1,252,178Expenses 2012: $1,047,305Net Income 2012: $204,8732012Revenue 2013: $1,275,608Expenses 2013: $1,226,949Net Income 2013: $48,6592013Revenue 2014: $825,082Expenses 2014: $671,323Net Income 2014: $153,7592014Revenue 2015: $929,196Expenses 2015: $517,480Net Income 2015: $411,7162015Revenue 2016: $500,751Expenses 2016: $623,225Net Income 2016: -$122,4742016Revenue 2017: $918,888Expenses 2017: $780,400Net Income 2017: $138,4882017Revenue 2018: $546,545Expenses 2018: $442,293Net Income 2018: $104,2522018Revenue 2019: $940,483Expenses 2019: $487,693Net Income 2019: $452,7902019Revenue 2020: $790,193Expenses 2020: $433,330Net Income 2020: $356,8632020Revenue 2021: $512,735Expenses 2021: $482,143Net Income 2021: $30,5922021Revenue 2022: $548,872Expenses 2022: $483,679Net Income 2022: $65,1932022Revenue 2023: $582,780Expenses 2023: $452,365Net Income 2023: $130,4152023Revenue 2024: $478,985Expenses 2024: $442,918Net Income 2024: $36,0672024

Highlighted filing

2018

Revenue$546,545
Expenses$442,293
Net Income$104,252
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$659,163
Mission and Program Overview

Mission

To develop and empower communities through social and economic development which includes improving housing, jobs, culture, and education for low wealth citizens within Cabarrus county and surrounding communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$945,996$1,064,160▲ $118,164
Cash and Non-Interest-Bearing Accounts$548,987$518,731▼ $30,256
Other Notes and Loans Receivable, Net$496,239$492,950▼ $3,289
Land, Buildings, and Equipment, Net$462,367$441,246▼ $21,121
Investments Other Securities$56,674$57,118▲ $444
Intangible Assets$120$0▼ $120
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,639,328$2,580,705▼ $58,623
Other Assets Total$128,945$6,500▼ $122,445
Liabilities
Mortgage Notes Payable Secured by Investment Property$290,895$132,986▼ $157,909
Other Liabilities$103,487$1,082▼ $102,405
Total Liabilities$394,382$134,068▼ $260,314
Net Assets / Fund Balance
Unrestricted Net Assets$2,216,613$2,446,637▲ $230,024
Temporarily Rstr Net Assets$28,333--
Total Net Assets Fund Balance$2,244,946$2,446,637▲ $201,691
Total Liabilities and Net Assets / Fund Balance$2,639,328$2,580,705▼ $58,623

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$397,087$263,260$660,347
Equipment$3,229$44,300$47,529
Land$40,930-$40,930
Other Land Buildings-$5,818$5,818
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louise MackCEOFT$77,141$17,169$94,310

Board Members and Trustees

NameTitle
Kim MiddlebrooksVice Chair
Tim DietrichDirector
Annise JohnsonInterim Preside
Octavia AlexanderSecretary
Trenton WhalenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$233,123
Program Service Revenue
$304,459
Investment Income
$8,047
Other Revenue
$916
All Other Contributions
$73,910
Change in Net Assets
$104,252

Audited Revenue Reconciliation

Revenue per Audited Statements
$546,545
Total Revenue per Audited Statements
$546,545
Total Revenue per Form 990
$546,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$287,703
Other Expenses$154,590
Total Fundraising Expense$3,240
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$150,877$599$66$151,542
Current Officers, Directors, Trustees, and Key Employees$61,713$13,885$1,543$77,141
Other Employee Benefits$36,172$2,464$274$38,910
Depreciation Depletion$18,930$3,973$467$23,370
Payroll Taxes$18,694$1,274$142$20,110
Occupancy$14,581$3,060$360$18,001
Fees for Services Other$15,067$1,700-$16,767
Insurance$13,114$893$99$14,106
All Other Expenses$8,648$1,416$36$10,100
Travel$8,199$559$62$8,820
Interest$7,230$655-$7,885
Office Expenses$2,811$211$23$3,045
Information Technology$2,429$510$60$2,999
Other Expenses$2,420$165$18$2,603
Total Functional Expenses$406,876$32,177$3,240$442,293

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$442,293
Total Expenses per Audited Statements$442,293
Total Expenses per Form 990$442,293
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other liabilities$1,082
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 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, Line 11B: Form 990 Review Process

“A draft of form 990 will be sent electronically to board members with one day allowed for questions or comments.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members are required to disclose affiliations and conflicts at board meetings and disclosures are noted in the meeting minutes.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Board determines the CEO compensation based on the 2015 Nonprofit Organizations North Carolina State Salary and Benefits Survey for the role of President/CEO plus takes into consideration that the CEO also fills the role of Lead Pre-purchase Counselor and the Instructor of all non-foreclosure prevention workshops.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are kept on file and made available upon request.”

Filing and Contact Details

Filer

Filer Name
Prosperity Unlimited Inc
EIN
58-2108838
Phone
7049337405
Address
1660 Garnet Street, Kannapolis, NC 28083

Signing Officer

Name
Louise Mack
Title
CEO
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louise Mack
Formed
1993
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
12
Volunteers
10

Preparer

Firm
C DeWitt Foard & Co PA CPAs
Address
817 E Morehead Street Ste 100, Charlotte, NC 28202-2767
Preparer
Terry W Lancaster
Phone
7043721515
Raw XML AppendixShowing 400 of 561 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/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To develop and empower communities through social and economic development which includes improving housing, jobs, culture, and education for low wealth citizens within Cabarrus county and surrounding communities
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt073910
IRS990/AllOtherExpensesGrp/FundraisingAmt036
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01416
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08648
IRS990/AllOtherExpensesGrp/TotalAmt010100
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Louise Mack
IRS990/BooksInCareOfDetail/PhoneNum07049337405
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01660 Garnet Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Kannapolis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028083
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0548987
IRS990/CashNonInterestBearingGrp/EOYAmt0518731
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt01543
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt013885
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt061713
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt077141
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0233123
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08047
IRS990/CYOtherExpensesAmt0154590
IRS990/CYOtherRevenueAmt0916
IRS990/CYProgramServiceRevenueAmt0304459
IRS990/CYRevenuesLessExpensesAmt0104252
IRS990/CYSalariesCompEmpBnftPaidAmt0287703
IRS990/CYTotalExpensesAmt0442293
IRS990/CYTotalFundraisingExpenseAmt03240
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0546545
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0467
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03973
IRS990/DepreciationDepletionGrp/ProgramServicesAmt018930
IRS990/DepreciationDepletionGrp/TotalAmt023370
IRS990/Desc0The organization assists individuals in acquiring and/or maintaining housing through financial counseling and training in areas such as financial literacy and counseling in prepurchase and foreclosure counseling.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0255354
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01700
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt015067
IRS990/FeesForServicesOtherGrp/TotalAmt016767
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt517169
IRS990/Form990PartVIISectionAGrp/PersonNm0Annise Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm1Octavia Alexander
IRS990/Form990PartVIISectionAGrp/PersonNm2Kim Middlebrooks
IRS990/Form990PartVIISectionAGrp/PersonNm3Trenton Whalen
IRS990/Form990PartVIISectionAGrp/PersonNm4Tim Dietrich
IRS990/Form990PartVIISectionAGrp/PersonNm5Louise Mack
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt577141
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Interim Preside
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-7677
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0159213
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0104941
IRS990/GrossReceiptsAmt0659163
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt060
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0510
IRS990/InformationTechnologyGrp/ProgramServicesAmt02429
IRS990/InformationTechnologyGrp/TotalAmt02999
IRS990/InsuranceGrp/FundraisingAmt099
IRS990/InsuranceGrp/ManagementAndGeneralAmt0893
IRS990/InsuranceGrp/ProgramServicesAmt013114
IRS990/InsuranceGrp/TotalAmt014106
IRS990/IntangibleAssetsGrp/BOYAmt0120
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0655
IRS990/InterestGrp/ProgramServicesAmt07230
IRS990/InterestGrp/TotalAmt07885
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt015724
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015724
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt056674
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt057118
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0313378
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0462367
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0441246
IRS990/LandBldgEquipCostOrOtherBssAmt0754624
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0112618
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To develop and empower communities through social and economic development which includes improving housing, jobs, culture, and education for low wealth citizens within Cabarrus county and surrounding communities
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0290895
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0132986
IRS990/NetAssetsOrFundBalancesBOYAmt02244946
IRS990/NetAssetsOrFundBalancesEOYAmt02446637
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-7677
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7677
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0360
IRS990/OccupancyGrp/ManagementAndGeneralAmt03060
IRS990/OccupancyGrp/ProgramServicesAmt014581
IRS990/OccupancyGrp/TotalAmt018001
IRS990/OfficeExpensesGrp/FundraisingAmt023
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0211
IRS990/OfficeExpensesGrp/ProgramServicesAmt02811
IRS990/OfficeExpensesGrp/TotalAmt03045
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0128945
IRS990/OtherAssetsTotalGrp/EOYAmt06500
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0274
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02464
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036172
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038910
IRS990/OtherExpensesGrp/Desc0Project costs
IRS990/OtherExpensesGrp/Desc1Credit reports
IRS990/OtherExpensesGrp/Desc2Telephone
IRS990/OtherExpensesGrp/Desc3Equipment rental
IRS990/OtherExpensesGrp/FundraisingAmt090
IRS990/OtherExpensesGrp/FundraisingAmt118
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0813
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1165
IRS990/OtherExpensesGrp/ProgramServicesAmt018400
IRS990/OtherExpensesGrp/ProgramServicesAmt115661
IRS990/OtherExpensesGrp/ProgramServicesAmt211930
IRS990/OtherExpensesGrp/ProgramServicesAmt32420
IRS990/OtherExpensesGrp/TotalAmt018400
IRS990/OtherExpensesGrp/TotalAmt115661
IRS990/OtherExpensesGrp/TotalAmt212833
IRS990/OtherExpensesGrp/TotalAmt32603
IRS990/OtherLiabilitiesGrp/BOYAmt0103487
IRS990/OtherLiabilitiesGrp/EOYAmt01082
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0916
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0916
IRS990/OtherRevenueTotalAmt0916
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt066
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0599
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0150877
IRS990/OtherSalariesAndWagesGrp/TotalAmt0151542
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0496239
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0492950
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0142
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01274
IRS990/PayrollTaxesGrp/ProgramServicesAmt018694
IRS990/PayrollTaxesGrp/TotalAmt020110
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Louise Mack
IRS990/PriorPeriodAdjustmentsAmt097439
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541990
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Counseling
IRS990/ProgramServiceRevenueGrp/Desc1Development fees
IRS990/ProgramServiceRevenueGrp/Desc2Program - Other
IRS990/ProgramServiceRevenueGrp/Desc3Program NCHFA
IRS990/ProgramServiceRevenueGrp/Desc4Rental income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051578
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211922
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3163400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt422359
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211922
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3163400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt422359
IRS990/ProgSrvcAccomActy2Grp/Desc0The organization develops affordable housing units for low to moderate individuals for rental and/or purchase
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0151522
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt022359
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0235650
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0335179
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0474676
IRS990/PYOtherRevenueAmt04896
IRS990/PYProgramServiceRevenueAmt0343163
IRS990/PYRevenuesLessExpensesAmt0138488
IRS990/PYSalariesCompEmpBnftPaidAmt0305724
IRS990/PYTotalExpensesAmt0780400
IRS990/PYTotalRevenueAmt0918888
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0104252
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0282100
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0945996
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01064160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0233123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0235650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0339706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0319767
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01252759
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015724
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01663
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02003
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt039014
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02000595
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0916
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04896
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05812
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82430
IRS990ScheduleA/PublicSupportPY170Pct00.83010
IRS990ScheduleA/PublicSupportTotal170Amt01069663
IRS990ScheduleA/SubstantialContributorsTotAmt0183096
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0233123
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0235650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0339706
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0319767
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01252759
IRS990ScheduleA/TotalSupportAmt01297585
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BookValueAmt0397087
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0263260
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0660347
IRS990ScheduleD/EquipmentGrp/BookValueAmt03229
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044300
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047529
IRS990ScheduleD/ExpensesSubtotalAmt0442293
IRS990ScheduleD/LandGrp/BookValueAmt040930
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040930
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05818
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other liabilities
IRS990ScheduleD/RevenueSubtotalAmt0546545
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0441246
IRS990ScheduleD/TotalExpensesPerForm990Amt0442293
IRS990ScheduleD/TotalLiabilityAmt01082
IRS990ScheduleD/TotalRevenuePerForm990Amt0546545
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0546545

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,580,705
Liabilities
$134,068
Net assets
$2,446,637
Revenue
$546,545
Expenses
$442,293
Net income
$104,252
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$0.00$3.52$0.48$0.44$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.58$0.45$0.13
2022Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$0.55$0.48$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.51$0.48$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.79$0.43$0.36
2019Detailed filing. Detailed filing data is available for this year.$3.00$0.10$2.90$0.94$0.49$0.45
2018Detailed filing. Detailed filing data is available for this year.$2.58$0.13$2.45$0.55$0.44$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.64$0.39$2.24$0.92$0.78$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.71$0.47$2.24$0.50$0.62$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.98$0.62$2.36$0.93$0.52$0.41
2014Summary only. Only limited summary data is available for this year.$3.00$1.05$1.95$0.83$0.67$0.15
2013Summary only. Only limited summary data is available for this year.$2.89$1.09$1.80$1.28$1.23$0.05
2012Summary only. Only limited summary data is available for this year.$3.13$1.38$1.75$1.25$1.05$0.20
2011Summary only. Only limited summary data is available for this year.$3.15$1.60$1.55$1.20$1.21$0.01