Overview

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Est.

2010

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT is a nonprofit focused on economic development and education services, providing housing counseling, financial literacy, homeownership opportunities, job services, business solutions, and economic development support. In filing year 2024, it operated with a $1.6M budget and $1.7M in revenue, and its listed top funders include HOMEFREE USA INC, NATIONAL COMMUNITY REINVESTMENT COALITION INC, and THE NORTH CAROLINA COALITION AGAINST DOMESTIC VIOLENCE INC.

Mission Statement

TO ENRICH AND EDUCATE LIVES BY PROVIDING HOUSING COUNSELING SERVICES, FINANCIAL LITERACY, HOMEOWNERSHIP OPPORTUNITIES, JOB SERVICES, BUSINESS SOLUTIONS, AND ECONOMIC DEVELOPMENT.
Revenues
$1.7M
Expenses
$1.9M
Net Income:
-$190.5K
Assets
$896.7K
Liabilities
$402.8K
Net Assets:
+$493.9K
Operating Budget
$1.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$129K
Largest grant received
$183K
J
James Stroud
Board Member
V
Vickie Feaster-Fornville
Board Member
M
Melvin Watson
Board Member
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  • 6 funders
  • 34 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT’s budget?
In 2024, CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT support?
CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT supports work in Economic development and Education services.
Where does CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT operate?
CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT is headquartered in Hillsborough, NC.
Who funded CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT recently?
In 2024, CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT received grants from THE NORTH CAROLINA COALITION AGAINST DOMESTIC VIOLENCE INC, HOMEFREE USA INC, and HOMEFREE USA INC. More information on this organization’s funders is available to registered users.
What is the largest grant CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT received in 2024?
The largest grant to CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT in 2024 exceeds $183 thousand.
What is CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT’s reliance on government grants?
CENTRE FOR HOMEOWNERSHIP & ECONOMIC DEVELOPMENT relied on government grants for more than 55% of their total revenue in 2024.