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EIN 56-1845590

North Carolina Community Development Initiative

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Durham
State
North Carolina
Year formed
1993
Most recent tax filings
2020-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Notice
This nonprofit is terminated or no longer active
North Carolina Community Development Initiative may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
North Carolina Community Development Initiative is a statewide public-private partnership that provides leadership and capital investment to high-performance Community Development corporations (cdc's) as well as other Community based economic Developm...
Also known as...
Development Initiative
Total revenues
$257,686
2020
Total expenses
$611,468
2020
Total assets
$0
2020
Num. employees
5
2020

Program areas at North Carolina Community Development Initiative

The "Initiative" allocations to grantees are based on the local Community Development corporation's ability to provide services.

Who funds North Carolina Community Development Initiative

Federal funding details
Federal agencyProgram nameAmount
Department of Housing and Urban DevelopmentCOMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII$2,114,548
Department of Housing and Urban DevelopmentCOMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII$59,070

Personnel at North Carolina Community Development Initiative

NameTitleCompensation
Angela PooleVice President of Finance and Human Resources$103,812
Tara KenchenPresident$168,845
Abdul SM RasheedPast Chief Executive Officer$147,812

Financials for North Carolina Community Development Initiative

RevenuesFYE 12/2020
Total grants, contributions, etc.$103,113
Program services$0
Investment income and dividends$105
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,847
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$150,621
Total revenues$257,686

Form 990s for North Carolina Community Development Initiative

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-02990View PDF
2018-122020-01-31990View PDF
2017-122019-03-15990View PDF
2016-122018-03-14990View PDF
2015-122017-03-24990View PDF
...and 6 more Form 990s
Data update history
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 22, 2021
Received grants
Identified 1 new grant, including a grant for $100,000 from Triangle Community Foundation
April 27, 2021
Posted financials
Added Form 990 for fiscal year 2018
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
August 30, 2018
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
LobbyingState / local levelReceives government fundingManagement and technical assistanceCommunity engagement / volunteeringTerminated
General information
Address
Post Office Box 1331
Durham, NC 27702
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Phone
(919) 956-2313
IRS details
EIN
56-1845590
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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