Civic Intelligence

Lumber River Cog Housing Corporation

EIN 82-3167196 • 501(c)3 • Pembroke, NC

Profile

The organization's exempt purpose is to provide repairs to public housing in north carolina. Funding resources will be used to develop and construct low-income multifamily housing to these communities.

30 Cj Walker DrPembroke, NC 28372

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

9th percentile

0.05x

Higher debt load relative to revenue than 9% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Source year 2025

Net Margin

19th percentile

-50%

Higher net margin than 19% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

NTEE L20 • $1M-$5M nonprofits • Source year 2025

Asset Growth

53rd percentile

-2.2%

Faster asset growth than 53% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

66th percentile

9.0%

Faster revenue growth than 66% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$4,590,872

Down $101,029 (-2.2%) from 2024

Liabilities

Up

$9,150

Up $671 (+7.9%) from 2024

Net Assets

Down

$4,581,722

Down $101,700 (-2.2%) from 2024

Revenue

Up

$203,266

Up $16,843 (+9.0%) from 2024

Expenses

Up

$304,967

Up $41,143 (+16%) from 2024

Net Income

Down

-$101,701

Down $24,300 (-31%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2018: $4,983,384Liabilities 2018: $4,845Net Assets 2018: $4,978,5392018Assets 2019: $4,974,768Liabilities 2019: $10,501Net Assets 2019: $4,964,2672019Assets 2020: $5,477,237Liabilities 2020: $531,078Net Assets 2020: $4,946,1592020Assets 2021: $4,922,641Liabilities 2021: $0Net Assets 2021: $4,922,6412021Assets 2022: $4,911,191Liabilities 2022: $7,298Net Assets 2022: $4,903,8932022Assets 2023: $4,767,134Liabilities 2023: $6,311Net Assets 2023: $4,760,8232023Assets 2024: $4,691,901Liabilities 2024: $8,479Net Assets 2024: $4,683,4222024Assets 2025: $4,590,872Liabilities 2025: $9,150Net Assets 2025: $4,581,7222025

Highlighted filing

2025

Assets$4,590,872
Liabilities$9,150
Net Assets$4,581,722

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $5,000,000Expenses 2018: $21,461Net Income 2018: $4,978,5392018Revenue 2019: $0Expenses 2019: $14,272Net Income 2019: -$14,2722019Revenue 2020: $0Expenses 2020: $18,108Net Income 2020: -$18,1082020Revenue 2021: $71,462Expenses 2021: $94,980Net Income 2021: -$23,5182021Revenue 2022: $189,570Expenses 2022: $208,318Net Income 2022: -$18,7482022Revenue 2023: $164,133Expenses 2023: $307,203Net Income 2023: -$143,0702023Revenue 2024: $186,423Expenses 2024: $263,824Net Income 2024: -$77,4012024Revenue 2025: $203,266Expenses 2025: $304,967Net Income 2025: -$101,7012025

Highlighted filing

2025

Revenue$203,266
Expenses$304,967
Net Income-$101,701

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 10, 2026
Return Version
2024v5.5
Gross Receipts
$203,266
Mission and Program Overview

Mission

The organization's exempt purpose is to provide repairs to public housing in north carolina. Funding resources will be used to develop and construct low-income multifamily housing to these communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,092,607$4,005,530▼ $87,077
Cash and Non-Interest-Bearing Accounts$595,673$580,981▼ $14,692
Prepaid Expenses and Deferred Charges$3,621$4,361▲ $740
Total Assets$4,691,901$4,590,872▼ $101,029
Liabilities
Other Liabilities$8,479$9,150▲ $671
Total Liabilities$8,479$9,150▲ $671
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,683,422$4,581,722▼ $101,700
Total Net Assets Fund Balance$4,683,422$4,581,722▼ $101,700
Total Liabilities and Net Assets / Fund Balance$4,691,901$4,590,872▼ $101,029

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,005,530$348,308-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$195,168
Investment Income
$5,634
Other Revenue
$2,464
Change in Net Assets
$-101,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,967
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$82,454--$82,454
Total Functional Expenses$304,967$0$0$304,967
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
Security Deposit$9,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST.

Form 990, Part VI, Section C, Line 19

All are availble upon request.

Filing and Contact Details

Filer

Filer Name
Lumber River Cog Housing Corporation
EIN
82-3167196
Phone
9106185533
Address
30 CJ WALKER DR, PEMBROKE, NC 28372

Signing Officer

Name
Walter David Richardson
Title
Executive Director
Phone
9106185533
Signed
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter David Richardson
Formed
2017
Legal Domicile
Nc
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Thompson Price Scott Adams & Co
Address
4024 OLEANDER DRIVE SUITE 3, WILMINGTON, NC 28403
Preparer
Gregory S Adams
Phone
9107994872
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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0WALTER DAVID RICHARDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09106185533
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUMBER RIVER COG HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LUMB
ReturnHeader/Filer/EIN0823167196
ReturnHeader/Filer/PhoneNum09106185533
ReturnHeader/Filer/USAddress/AddressLine1Txt030 CJ WALKER DR
ReturnHeader/Filer/USAddress/CityNm0PEMBROKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028372
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561824665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMPSON PRICE SCOTT ADAMS & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04024 OLEANDER DRIVE SUITE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028403
ReturnHeader/PreparerPersonGrp/PhoneNum09107994872
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY S ADAMS
ReturnHeader/ReturnTs02026-02-23T11:00:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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