EIN 56-2276970

Weaver Community Housing Association

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2001
Most recent tax filings
2023-12-01
Description
The Weaver Community Housing Association utilizes cooperative housing to achieve its mission of affordability, perpetuity, dweller-control, sustainability, diversity and community. One of its notable accomplishments includes the creation of the Cedar Rock Apartment Cooperative, which is the first hybrid mixed equity cooperative housing model in the country. This was made possible through an Orange County Housing Bond and ensures affordable housing for its 7 households indefinitely. The association is located in Carrboro, NC.
Total revenues
$139,125
2023
Total expenses
$172,839
2023
Total assets
$1,112,011
2023
Num. employees
0
2023

Program areas at Weaver Community Housing Association

Cedar Rock Apartment Cooperative was the first hybrid mixed equity cooperative housing model in the country. Acquired with the assistance of an Orange County Housing Bond it ensures affordability for the duration of the 7 household community. Bolin Creek Cooperative is the larger WCHA property providing affordable housing for 10 households with a shared community garden. Residents volunteer for property maintenance and operations in exchange for qualified savings accruals.

Financials for Weaver Community Housing Association

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$137,777
Investment income and dividends$650
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$698
Total revenues$139,125
Data update history
February 14, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 14, 2025
Updated personnel
Identified 5 new personnel
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 14, 2024
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 215
Carrboro, NC 27510
Metro area
Durham-Chapel Hill, NC
County
Orange County, NC
Website URL
wcha.coop/ 
Phone
(919) 260-6149
IRS details
EIN
56-2276970
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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