Overview

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Est.

1997

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Community Foundation CDC Inc is a nonprofit organization dedicated to enhancing public housing and housing development for low and moderate-income families. With an operating budget of $208.1K and total revenue of $144.6K for the 2024 filing year, the organization focuses on providing financial education, promoting home ownership, and facilitating affordable housing through neighborhood revitalization efforts. The foundation does not rely on any single funder for more than 50% of its revenue, ensuring a diversified funding approach to support its mission. For more information, visit their website at www.cfcdc.org.

Mission Statement

The Organization's mission is to provide individuals and families a firm foundation through financial education, the encouragement of home ownership and to provide affordable housing to low and moderate income families through neighborhood revitalization and/or other community and economic development activities.
Revenues
$144.6K
Expenses
$208.1K
Net Income:
-$63.6K
Assets
$1.1M
Liabilities
$595.5K
Net Assets:
+$468.6K
Operating Budget
$208.1K
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
$17.2K
Largest grant received
$24.5K
K
Kathie Brantley
Board Member
I
Inetta Black
Board Member
C
Carolyn White
Board Member

Frequently Asked Questions

What is Community Foundation CDC Inc’s budget?
In 2024, Community Foundation CDC Inc reported an annual operating budget of around $208 thousand. More detailed financial information is available to registered users.
What causes does Community Foundation CDC Inc support?
Community Foundation CDC Inc supports work in Public housing and Housing development.
Where does Community Foundation CDC Inc operate?
Community Foundation CDC Inc is headquartered in Mooresville, NC.
Who funded Community Foundation CDC Inc recently?
In 2024, Community Foundation CDC Inc received grants from NORTH CAROLINA HOUSING COALITION INC, Wells Fargo Foundation, and NORTH CAROLINA HOUSING COALITION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Community Foundation CDC Inc received in 2024?
The largest grant to Community Foundation CDC Inc in 2024 exceeds $24 thousand.