Civic Intelligence

Collective Impact in New Hanover County Inc

EIN 83-3263326 • 501(c)3 • Wilmington, NC

Profile

Founded in 2019, the cape fear collective (cfc) is a collective impact and data science nonprofit backbone organization based in wilmington, north carolina. Born out of the corporate sector, cfc's mission is to scale big data, fundraising, social innovation, and large-scale initiative management to a six-county region in southeastern north carolina. Cfc employs data scientists, strategists, journalists, and process improvement experts who partner with anchor institutions from across the region. Together, they create sustainable impact programs that address social progress across a variety of sectors including economic development, health and human services, climate change and housing.

PO Box 7746Wilmington, NC 28406
Siviq Scores

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

Liabilities / Assets

88th percentile

0.75x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.37x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$115,782

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

93rd percentile

65%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

66%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$4,456,903

Up $1,153,222 (+35%) from 2022

Liabilities

Up

$3,562,249

Up $1,132,722 (+47%) from 2022

Net Assets

Up

$894,654

Up $20,500 (+2.3%) from 2022

Operations
Liabilities / Revenue88th percentileNet Margin76th percentile

Revenue

Up

$2,445,549

Up $782,964 (+47%) from 2022

Expenses

Up

$2,086,460

Up $551,466 (+36%) from 2022

Net Income

Up

$359,089

Up $231,498 (+181%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2020: $491,110Liabilities 2020: $25,800Net Assets 2020: $465,3102020Assets 2021: $759,150Liabilities 2021: $12,587Net Assets 2021: $746,5632021Assets 2022: $3,303,681Liabilities 2022: $2,429,527Net Assets 2022: $874,1542022Assets 2023: $4,456,903Liabilities 2023: $3,562,249Net Assets 2023: $894,6542023

Highlighted filing

2023

Assets$4,456,903
Liabilities$3,562,249
Net Assets$894,654
Open 2023 Filing

Operations Trend

Revenue Growth87th percentile

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

$3.0M$2.0M$1.0M$0Revenue 2020: $821,537Expenses 2020: $363,231Net Income 2020: $458,3062020Revenue 2021: $1,196,353Expenses 2021: $915,100Net Income 2021: $281,2532021Revenue 2022: $1,662,585Expenses 2022: $1,534,994Net Income 2022: $127,5912022Revenue 2023: $2,445,549Expenses 2023: $2,086,460Net Income 2023: $359,0892023

Highlighted filing

2023

Revenue$2,445,549
Expenses$2,086,460
Net Income$359,089
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$4,456,903
Liabilities
$3,562,249
Net assets
$894,654
Revenue
$2,445,549
Expenses
$2,086,460
Net income
$359,089
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.46$3.56$0.89$2.45$2.09$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.30$2.43$0.87$1.66$1.53$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.01$0.75$1.20$0.92$0.28
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.03$0.47$0.82$0.36$0.46
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$1,196,353
Mission and Program Overview

Mission

Founded in 2019, the cape fear collective (cfc) is a collective impact and data science nonprofit backbone organization based in wilmington, north carolina. Born out of the corporate sector, cfc's mission is to scale big data, fundraising, social innovation, and large-scale initiative management to a six-county region in southeastern north carolina. Cfc employs data scientists, strategists, journalists, and process improvement experts who partner with anchor institutions from across the region. Together, they create sustainable impact programs that address social progress across a variety of sectors including economic development, health and human services, climate change and housing.

Cfc's mission is to scale big data, fundraising, social innovation, and large-scale initiative management to a six-county region in southeastern north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$435,761$397,584▼ $38,177
Cash and Non-Interest-Bearing Accounts$49,221$234,668▲ $185,447
Accounts Receivable$6,128$75,821▲ $69,693
Investments Other Securities-$50,000-
Prepaid Expenses and Deferred Charges$0$1,077▲ $1,077
Total Assets$491,110$759,150▲ $268,040
Liabilities
Unsecured Notes Loans Payable$25,800$0▼ $25,800
Accounts Payable and Accrued Expenses$0$12,587▲ $12,587
Total Liabilities$25,800$12,587▼ $13,213
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$465,310$746,563▲ $281,253
Total Net Assets Fund Balance$465,310$746,563▲ $281,253
Total Liabilities and Net Assets / Fund Balance$491,110$759,150▲ $268,040

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$50,000--
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Patrick BrienCEOFT$69,484$69,484

Board Members and Trustees

NameTitle
Lydia NewmanChair
Kate GroatVice Chair
Avery WashingtonDirector
Charrise HartDirector
Davis BrannanDirector
Dinesh ApteDirector
Girard NewkirkDirector
Jeanine MingeDirector
Terri EverettSecretary
Joe FinleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,194,366
Program Service Revenue
$0
Investment Income
$1,987
Other Revenue
$0
All Other Contributions
$1,168,566
Change in Net Assets
$281,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$555,651
Other Expenses$359,449
Total Fundraising Expense$22,115
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$339,148$25,863$7,643$372,654
Current Officers, Directors, Trustees, and Key Employees$61,909$30,954$10,318$103,181
Other Employee Benefits$35,886$5,084$1,607$42,577
Payroll Taxes$31,387$4,446$1,406$37,239
Information Technology$10,250$8,310-$18,560
All Other Expenses-$14,045-$14,045
Other Expenses$11,734--$11,734
Insurance-$5,695-$5,695
Occupancy-$5,400-$5,400
Conferences and Meetings$2,074$1,037$1,037$4,148
Fees for Services Accounting-$4,048-$4,048
Travel$3,576--$3,576
Fees for Services Other$2,326$329$104$2,759
Advertising-$2,100-$2,100
Office Expenses-$917-$917
Total Functional Expenses$784,757$108,228$22,115$915,100
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

“Form 990 is prepared by an independent cpa, reviewed by the treasurer and made available to the board of directors by email notification.”

Form 990, Part VI, Section B, Line 12C

“Board members are reminded on an annual basis of their duty to disclose potential conflicts to the executive director as soon as any potential conflicts arise.”

Form 990, Part VI, Section B, Line 15

“The board appoints a compensation committee to determine the executive director's compensation based on publicly-available documents, performance, and the constraints of the budget.”

Form 990, Part VI, Section C, Line 18

“Available at guidestar.org or by request from the organization.”

Form 990, Part VI, Section C, Line 19

“Available upon written request.”

Filing and Contact Details

Filer

Filer Name
Collective Impact in New Hanover County
EIN
83-3263326
Phone
9196072417
Address
PO BOX 7746, WILMINGTON, NC 28406

Signing Officer

Name
Joe Finley
Title
Treasurer
Phone
9196072417
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lydia Newman
Formed
2019
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
10

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
John M Robinson
Phone
3362944494
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Cfc utilizes an impact investing structure to raise investment capital from banks, corporations, and individual investors and deploys that capital to acquire, preserve, and renovate naturally occurring affordable housing. Cfc works closely with nonprofit partners in the affordable housing space and uses this investment mechanism to support their work in providing permanent supportive housing, refugee resettlement housing, access to first time home buying programs, affordable rentals, and other critical services and needs in the affordable housing sector. This program is closely aligned with cfc's data science program and cfc uses data analysis to ensure the affordable housing is being preserved in neighborhoods most in need of support.”

Schedule A - Unusual Grants

“For the tax year ended june 30, 2021, substantial start up funding was provided through multi-year pledges by two unrelated entities totaling $560,000. These have been classifed for schedule a support calculations as they were granted to kick-start the fledgling organization and would in all likelihood disqualify the organization under the 5-year public support test.”

Raw XML AppendixShowing 400 of 487 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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IRS990/ActivityOrMissionDesc0CFC'S MISSION IS TO SCALE BIG DATA, FUNDRAISING, SOCIAL INNOVATION, AND LARGE-SCALE INITIATIVE MANAGEMENT TO A SIX-COUNTY REGION IN SOUTHEASTERN NORTH CAROLINA.
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IRS990/Desc0COLLECTIVE IMPACT IN NEW HANOVER COUNTY (DBA CAPE FEAR COLLECTIVE) IS WORKING ON THE FOLLOWING STRATEGIC PRIORITIES:DRIVE DATA COLLABORATION AND ECOSYSTEM ALIGNMENTPROVIDE INSIGHTS TO THE SOCIAL IMPACT SECTOR BY CREATING AN OPEN SOURCE DATA PLATFORM THAT BUILDS OPERATIONAL EFFICIENCY AND EXPANDS FUNDRAISING OPPORTUNITIES THAT RESULT IN IMPROVED LIFE OUTCOMES FOR ALL PEOPLE.BEAR WITNESS AND AMPLIFY COMMUNITY VOICESBEAR WITNESS TO THE SYSTEMIC, STRUCTURAL INEQUITIES AND INJUSTICES FACING THE CAPE FEAR REGION AND AMPLIFY THE VOICES OF CITIZENS, PRACTITIONERS, AND ADVOCATES ON THE FRONT LINES OF THIS FIGHT.ORGANIZE FOR IMPACT...BUILD AN ENDURING TOWN SQUAREPROMOTE SUSTAINABLE, COMMUNITY-WIDE SYSTEMS AND OPERATIONAL INFRASTRUCTURE THAT SUPPORT THE SOCIAL IMPACT SECTOR IN NAVIGATING THE COMPLEXITIES OF THE REGION'S UNIQUE CHALLENGES. BUILD A CULTURE THAT CHAMPIONS COLLABORATION, EQUITY, AND TRANSPARENCY.SUPPORT INNOVATION IN THE SOCIAL SECTORFOSTER A CULTURE OF INNOVATION BY LEVERAGING RESOURCES AND CULTIVATING OPPORTUNITIES TO PROMOTE NEW METHODS FOR ACHIEVING SOCIAL PROGRESS.
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IRS990/MissionDesc0FOUNDED IN 2019, THE CAPE FEAR COLLECTIVE (CFC) IS A COLLECTIVE IMPACT AND DATA SCIENCE NONPROFIT BACKBONE ORGANIZATION BASED IN WILMINGTON, NORTH CAROLINA. BORN OUT OF THE CORPORATE SECTOR, CFC'S MISSION IS TO SCALE BIG DATA, FUNDRAISING, SOCIAL INNOVATION, AND LARGE-SCALE INITIATIVE MANAGEMENT TO A SIX-COUNTY REGION IN SOUTHEASTERN NORTH CAROLINA. CFC EMPLOYS DATA SCIENTISTS, STRATEGISTS, JOURNALISTS, AND PROCESS IMPROVEMENT EXPERTS WHO PARTNER WITH ANCHOR INSTITUTIONS FROM ACROSS THE REGION. TOGETHER, THEY CREATE SUSTAINABLE IMPACT PROGRAMS THAT ADDRESS SOCIAL PROGRESS ACROSS A VARIETY OF SECTORS INCLUDING ECONOMIC DEVELOPMENT, HEALTH AND HUMAN SERVICES, CLIMATE CHANGE AND HOUSING.
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05400
IRS990/OccupancyGrp/TotalAmt05400
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0917
IRS990/OfficeExpensesGrp/TotalAmt0917
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01607
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05084
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035886
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042577
IRS990/OtherExpensesGrp/Desc0COVID RESPONSE
IRS990/OtherExpensesGrp/Desc1CONTRACTS
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3COMMUNITY PROGRAMS
IRS990/OtherExpensesGrp/ProgramServicesAmt0114077
IRS990/OtherExpensesGrp/ProgramServicesAmt194209
IRS990/OtherExpensesGrp/ProgramServicesAmt278181
IRS990/OtherExpensesGrp/ProgramServicesAmt311734
IRS990/OtherExpensesGrp/TotalAmt0114077
IRS990/OtherExpensesGrp/TotalAmt194209
IRS990/OtherExpensesGrp/TotalAmt278181
IRS990/OtherExpensesGrp/TotalAmt311734
IRS990/OtherInd0X
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07643
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025863
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0339148
IRS990/OtherSalariesAndWagesGrp/TotalAmt0372654
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01406
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04446
IRS990/PayrollTaxesGrp/ProgramServicesAmt031387
IRS990/PayrollTaxesGrp/TotalAmt037239
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01077
IRS990/PrincipalOfficerNm0LYDIA NEWMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0819437
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02100
IRS990/PYOtherExpensesAmt0185591
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0458306
IRS990/PYSalariesCompEmpBnftPaidAmt0177640
IRS990/PYTotalExpensesAmt0363231
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0821537
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0281253
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0435761
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0397584
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0565451
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt037500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt07004
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0609955
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: START UP FUNDS DATE: 07/01/19 AMOUNT: 481937. DESCRIPTION: START UP FUNDS DATE: 07/01/19 AMOUNT: 200000. DESCRIPTION: START UP FUNDS DATE: 07/01/19 AMOUNT: 100000. DESCRIPTION: START UP FUNDS DATE: 05/03/21 AMOUNT: 360000. DESCRIPTION: START UP FUNDS DATE: 01/12/21 AMOUNT: 200000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0634366
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt037500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07004
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0678870
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02100
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04087
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt068915
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0565451
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt037500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt07004
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0609955
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0634366
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt037500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07004
IRS990ScheduleA/Total509Grp/TotalAmt0678870
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0636353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt039600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07004
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0682957
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/ScheduleBRequiredInd01
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt050000
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt050000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CFC UTILIZES AN IMPACT INVESTING STRUCTURE TO RAISE INVESTMENT CAPITAL FROM BANKS, CORPORATIONS, AND INDIVIDUAL INVESTORS AND DEPLOYS THAT CAPITAL TO ACQUIRE, PRESERVE, AND RENOVATE NATURALLY OCCURRING AFFORDABLE HOUSING. CFC WORKS CLOSELY WITH NONPROFIT PARTNERS IN THE AFFORDABLE HOUSING SPACE AND USES THIS INVESTMENT MECHANISM TO SUPPORT THEIR WORK IN PROVIDING PERMANENT SUPPORTIVE HOUSING, REFUGEE RESETTLEMENT HOUSING, ACCESS TO FIRST TIME HOME BUYING PROGRAMS, AFFORDABLE RENTALS, AND OTHER CRITICAL SERVICES AND NEEDS IN THE AFFORDABLE HOUSING SECTOR. THIS PROGRAM IS CLOSELY ALIGNED WITH CFC'S DATA SCIENCE PROGRAM AND CFC USES DATA ANALYSIS TO ENSURE THE AFFORDABLE HOUSING IS BEING PRESERVED IN NEIGHBORHOODS MOST IN NEED OF SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AN INDEPENDENT CPA, REVIEWED BY THE TREASURER AND MADE AVAILABLE TO THE BOARD OF DIRECTORS BY EMAIL NOTIFICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REMINDED ON AN ANNUAL BASIS OF THEIR DUTY TO DISCLOSE POTENTIAL CONFLICTS TO THE EXECUTIVE DIRECTOR AS SOON AS ANY POTENTIAL CONFLICTS ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD APPOINTS A COMPENSATION COMMITTEE TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON PUBLICLY-AVAILABLE DOCUMENTS, PERFORMANCE, AND THE CONSTRAINTS OF THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE AT GUIDESTAR.ORG OR BY REQUEST FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOR THE TAX YEAR ENDED JUNE 30, 2021, SUBSTANTIAL START UP FUNDING WAS PROVIDED THROUGH MULTI-YEAR PLEDGES BY TWO UNRELATED ENTITIES TOTALING $560,000. THESE HAVE BEEN CLASSIFED FOR SCHEDULE A SUPPORT CALCULATIONS AS THEY WERE GRANTED TO KICK-START THE FLEDGLING ORGANIZATION AND WOULD IN ALL LIKELIHOOD DISQUALIFY THE ORGANIZATION UNDER THE 5-YEAR PUBLIC SUPPORT TEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6SCHEDULE A - UNUSUAL GRANTS
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0COLLECTIVE IMPACT IN NEW HANOVER COUNTY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1COLLECTIVE IMPACT IN NEW HANOVER COUNTY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CAPE FEAR COLLECTIVE CAPITAL LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CAPE FEAR COLLECTIVE VENTURES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0863342110
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1863352330
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt050
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt150
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0AFFORDABLE RENTAL HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1AFFORDABLE RENTAL HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03916 OLEANDER DRIVE 7746
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt13916 OLEANDER DRIVE 7746
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0WILMINGTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1WILMINGTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd028403
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd128403
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0854312875
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0CAPE FEAR COLLECTIVE IMPACT OPPORTUNITY 1 LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt050796
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0-52
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0PO BOX 7746
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0WILMINGTON
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd028406
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

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