Overview

Sign up for

Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Community Advancement and Redevelopment Enterprise Inc is a nonprofit organization dedicated to providing affordable housing to low-income individuals. With an operating budget of $2 million and total revenue of $2.6 million for the 2024 filing year, the organization focuses on addressing housing needs within its community. There is no indication that it relies on a single funder for 50% or more of its revenue.

Mission Statement

THE ENTITY PROVIDES AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS.
Revenues
$2.6M
Expenses
$2M
Net Income:
+$550.6K
Assets
$7.9M
Liabilities
$868.3K
Net Assets:
+$7M
Operating Budget
$2M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
A
Anna McRae
Board Member
F
Fannie Young
Board Member
D
Donyelle Coalson
Board Member

Frequently Asked Questions

What is COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC’s budget?
In 2024, COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC support?
COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC supports work in Housing services.
Where does COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC operate?
COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC is headquartered in Monroe, NC.
What is COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC’s reliance on government grants?
COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC relied on government grants for more than 65% of their total revenue in 2024.