Civic Intelligence

Love Community Development Corporation

990EZ • Fiscal year 2021 • EIN 58-2463983

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

Organization Profilewww.lovecdc.org
3980 N Liberty StWinston Salem, NC 27105

(336) 306-8119

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$21,719

Down $56,933 (-72%) from 2020

Net Assets

Down

$21,719

Down $56,933 (-72%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses

Revenue

Down

$71,888

Down $107,817 (-60%) from 2020

Expenses

Up

$128,821

Up $23,745 (+23%) from 2020

Net Income

Down

-$56,933

Down $131,562 (-176%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $372Liabilities 2011: $02011Assets 2012: $200Net Assets 2012: $2002012Assets 2013: $0Net Assets 2013: $02013Assets 2014: $2,348Liabilities 2014: $0Net Assets 2014: $2,3482014Assets 2015: $462Liabilities 2015: $02015Assets 2016: $121Liabilities 2016: $0Net Assets 2016: $1212016Assets 2017: $7,195Liabilities 2017: $0Net Assets 2017: $7,1952017Assets 2018: $218Liabilities 2018: $02018Assets 2019: $4,023Liabilities 2019: $0Net Assets 2019: $4,0232019Assets 2020: $78,652Liabilities 2020: $0Net Assets 2020: $78,6522020Assets 2021: $21,719Liabilities 2021: $0Net Assets 2021: $21,7192021Assets 2021: $93,616Liabilities 2021: $0Net Assets 2021: $93,6162021Assets 2022: $78,978Liabilities 2022: $0Net Assets 2022: $78,9782022Assets 2023: $74,822Liabilities 2023: $02023Assets 2024: $59,270Liabilities 2024: $0Net Assets 2024: $59,2702024

Highlighted filing

2021

Assets$21,719
Liabilities$0
Net Assets$21,719
Open 2021 Filing

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $4,612Expenses 2011: $4,705Net Income 2011: -$932011Revenue 2012: $26,666Expenses 2012: $22,166Net Income 2012: $4,5002012Revenue 2013: $29,624Expenses 2013: $29,624Net Income 2013: $02013Revenue 2014: $43,596Expenses 2014: $41,248Net Income 2014: $2,3482014Revenue 2015: $42,245Expenses 2015: $44,131Net Income 2015: -$1,8862015Revenue 2016: $36,917Expenses 2016: $37,258Net Income 2016: -$3412016Revenue 2017: $46,640Expenses 2017: $39,566Net Income 2017: $7,0742017Revenue 2018: $44,023Expenses 2018: $51,000Net Income 2018: -$6,9772018Revenue 2019: $42,856Expenses 2019: $39,051Net Income 2019: $3,8052019Revenue 2020: $179,705Expenses 2020: $105,076Net Income 2020: $74,6292020Revenue 2021: $71,888Expenses 2021: $128,821Net Income 2021: -$56,9332021Revenue 2021: $143,785Expenses 2021: $128,821Net Income 2021: $14,9642021Revenue 2022: $107,606Expenses 2022: $122,244Net Income 2022: -$14,6382022Revenue 2023: $110,767Expenses 2023: $114,923Net Income 2023: -$4,1562023Revenue 2024: $142,096Expenses 2024: $157,648Net Income 2024: -$15,5522024

Highlighted filing

2021

Revenue$71,888
Expenses$128,821
Net Income-$56,933
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$71,888
Mission and Program Overview

Mission

SEE GENERAL EXPLANATION

Program Services

DescriptionGrantsExpenses
Provide Traning & Resources for Senior Volunteers 55plus to help students in K-3 become proficient reaaders. Assist residents with Hardship w/Mtg/Rent/Food due to Covid-19--
ENRICH THE LIVES OF UNDERSERVED RESIDENTS(INCLUDING, BUT NOT LIMITED TO FORSYTH CO.)THRU COMMUNITY COLLABORATIONS-PROVIDE FOOD & NUTRITION SUPPORT,COMPANIONSHIP & ACCESS TO CARE--
SAFE,HEALTY,WHOLESOME & SUSTANIED COMMUNITY. Pharmacist from walgreens gave flu shots to clients at LCDC.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICIA L GILLIAMEmployeeFT$35,294-$35,294
BERTHA W PEEBLESEmployeePT$8,254-$8,254
ANGELINE SUMPTERPresidentFT$0--
RONALD G SUMPTEROffice DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Love Community Development Inc
EIN
58-2463983
Address
3980 N LIBERTY ST, Winston Salem, NC 27105

Signing Officer

Name
Angeline Sumpter
Title
President
Phone
3363068119
Signed
2022-05-13
Discuss with paid preparer
No

Preparer

Firm
Hagwood LMW Tax Service Inc
Address
4180 Mt Olivet Road, Martinsville, VA 24112
Preparer
William Hagwood
Phone
2763405507
Supplemental Narrative

Additional Explanations

General explanation attachment

“Form 990EZ-Part III Organizations Primary Exempt Purpose.Description:PROVIDE TRAINING FOR MORE THAN 100 PERSONS IN HOMEOWNERSHIP & DEBT RELATED COUNSELING & TOPROMOTE & DEVELOP A HIGHLY COMPETENT WORKFORCE. Develop leadership to further the mission of the Corporation. Provide training for leaders. encourage leaders to participate in forums, seminars, institutes, and workshops to seek leadership positions. Also partnered with Americorp (Housing Authority)to enhance the community. Partnered with Northwest food bank to feed the community(feeding well over 2500 people per month). PROVIDED CLOTHING FOR JOB TRAINING, INTERVIEWS FOR ADULTS & BACK TO SCHOOL CHILDREN FOR 30 TO50 PEOPLE. THEME DRESS TO IMPRESS. LOVE COMMUNITY HAS AN ELDERLY CLUB WHICH EDUCATES THE ELDERLY ON FINANCIAL,MONEY MATTERS,& FINDING EMPLOYMENT ETC. ALSO LOVE COMMUNITY GO OUT TO THE ELDERLY HOMES TO CHECK ON THERE WELLFARE.”

Description of other expenses Part I line 16

“Description AmountCommunications 250SUPPLIES 13,763Food Pantry 5,985Bank Charges 165Training & Out Reach 3,606TERMINIX 484INSURANCE (Liability) 356ADVERTISMENT/MARKETING 6,177”

Raw XML Appendix155 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1OFFICE DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherExpensesTotalAmt030786
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0SEE GENERAL EXPLANATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide Traning & Resources for Senior Volunteers 55plus to help students in K-3 become proficient reaaders. Assist residents with Hardship w/Mtg/Rent/Food due to Covid-19
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ENRICH THE LIVES OF UNDERSERVED RESIDENTS(INCLUDING, BUT NOT LIMITED TO FORSYTH CO.)THRU COMMUNITY COLLABORATIONS-PROVIDE FOOD & NUTRITION SUPPORT,COMPANIONSHIP & ACCESS TO CARE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SAFE,HEALTY,WHOLESOME & SUSTANIED COMMUNITY. Pharmacist from walgreens gave flu shots to clients at LCDC.
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990EZ-Part III Organizations Primary Exempt Purpose.Description:PROVIDE TRAINING FOR MORE THAN 100 PERSONS IN HOMEOWNERSHIP & DEBT RELATED COUNSELING & TOPROMOTE & DEVELOP A HIGHLY COMPETENT WORKFORCE. Develop leadership to further the mission of the Corporation. Provide training for leaders. encourage leaders to participate in forums, seminars, institutes, and workshops to seek leadership positions. Also partnered with Americorp (Housing Authority)to enhance the community. Partnered with Northwest food bank to feed the community(feeding well over 2500 people per month). PROVIDED CLOTHING FOR JOB TRAINING, INTERVIEWS FOR ADULTS & BACK TO SCHOOL CHILDREN FOR 30 TO50 PEOPLE. THEME DRESS TO IMPRESS. LOVE COMMUNITY HAS AN ELDERLY CLUB WHICH EDUCATES THE ELDERLY ON FINANCIAL,MONEY MATTERS,& FINDING EMPLOYMENT ETC. ALSO LOVE COMMUNITY GO OUT TO THE ELDERLY HOMES TO CHECK ON THERE WELLFARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountCommunications 250SUPPLIES 13,763Food Pantry 5,985Bank Charges 165Training & Out Reach 3,606TERMINIX 484INSURANCE (Liability) 356ADVERTISMENT/MARKETING 6,177
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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ReturnHeader/Filer/EIN0582463983
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$21,719
Liabilities
$0
Net assets
$21,719
Revenue
$71,888
Expenses
$128,821
Net income
-$56,933
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$1.42$1.58$0.16
2023Summary only. Only limited summary data is available for this year.$0.75$0.00$1.11$1.15$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.08$1.22$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.44$1.29$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.72$1.29$0.57
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.80$1.05$0.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.00$0.04$0.43$0.39$0.04
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.44$0.51$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$0.47$0.40$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.37$0.37$0.00
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.42$0.44$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.44$0.41$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.30$0.30$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.27$0.22$0.05
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.05$0.05$0.00