EIN 58-1871946

North Carolina Association of CED

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
1989
Most recent tax filings
2024-12-01
Description
Enhancing NC Community Develepment Corporations Strengthen NC economy and create a better tomorrow for all North Carolinian's by enhancing Community Develepment Corporations (CDC) in their role of creating prosperous communities for the long term.
Related structure
North Carolina Association of CED is a subordinate organization under Rocky Mountedgecombe Community Development Corporation.
Also known as...
North Carolina Association of Community Development Corporations; North Carolina Association of Community Economic Development
Total revenues
$281,906
2024
Total expenses
$262,058
2024
Total assets
$462,131
2024
Num. employees
2
2024

Program areas at North Carolina Association of CED

Since its inception, NCACED has been working to strengthen communities and increase economic opportunities. In a historically distressed community experiencing significant economic recovery and transformation, NCACED is focused on a comprehensive strategy that encompasses place-based improvements to racially segregated disinvested neighborhoods and approaches to improve health outcomes for those who experience the greatest health disparities. As the region works to generate positive economic impact, NCACED has structured a community-driven model capable of replication elsewhere to guide one citys transformation in equitable development directions. NCACED supports the notion that those most impacted by the problems confronting our communities must be at the center of change efforts. NCACEDs model provides resident-level education and leadership development services, with the goal of expanding individual capacities and enhancing community
During 2024, the City began implementing planning process to develop a new Comprehensive Plan. The Comprehensive Plan would establish a long-term vision for the Citys future and would identify goals, policies and implementation strategies for achieving that vision. As follow up to an educational workshop NCACDC sponsored during 2024 to build the capacity for low wealth residents to collaborate with City officials in the development of the Plan, Rocky Mount officials recognized the need to address racial equity more comprehensively throughout the planning process. NCACDC facilitated a meeting between low-income neighborhood residents and City officials which included a community-generated presentation entitled Affordable HousingStrategy Recommendations for Rocky Mounts Comprehensive Plan. NCACDC demonstrated planning for equitables communities is possible through deeper participation, especially of communities commonly excluded from democratic voice and power.
Rocky Mount, NC straddles Nash & Edgecombe counties. According to the 2023 County Health Rankings, Edgecombe County ranked 99th out of 100 NC counties regarding health outcomes. On the Edgecombe County side of the City, decades of racial discrimination and current policies that fuel our exclusionary housing market, have resulted in racial patterns of development that lock Blacks into inferior neighborhoods, especially negatively impacting residents health and wellbeing. NCACDC aims to attack a root cause of local health challenges with a focus on residential segregation, including a significant shortage of affordable housing in Rocky Mount. NCACDC has sought to increase Black resident voices at decision-making tables. Our goal is to enlarge self-directed and direct participation opportunities for Black residents to act as leaders who push for real change that produces improvements to their neighborhoods & health. NCACDC works to strengthen the number and skills of residents impacted by housing and health disparities through outreach, contact and coordination of training, education, leadership development and power building sessions for these residents.

Who funds North Carolina Association of CED

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Amalgamated Charitable FoundationGeneral Operating Support$63,000

Financials for North Carolina Association of CED

RevenuesFYE 12/2024
Total grants, contributions, etc.$272,122
Program services$9,784
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$0
Total revenues$281,906
Data update history
June 1, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 13, 2025
Received grants
Identified 1 new grant, including a grant for $63,000 from Amalgamated Charitable Foundation
May 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 30, 2023
Received grants
Identified 6 new grant, including a grant for $150,000 from NEO Philanthropy Action Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
LobbyingState / local levelTax deductible donationsAccepts online donations
General information
Address
148 S Washington St Ste 105
Rocky Mount, NC 27801
Metro area
Rocky Mount, NC
County
Edgecombe County, NC
Website URL
ncacdc.org/ 
Phone
(252) 443-4659
IRS details
EIN
58-1871946
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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