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← CHARLOTTE REGIONAL REALTOR ASSOC HOUSING OPPORTUNITY FOUNDATI

Form 990 for tax year 2022

Filed by CHARLOTTE REGIONAL REALTOR ASSOC HOUSING OPPORTUNITY FOUNDATI.

Totals

Total revenue
$509,469
Total expenses
$458,942
Contributions and grants received
$518,456
Grants paid
$130,445
Program service revenue
$0
Investment income
$229
Other revenue
-$9,216
Total assets, end of year
$1,940,924
Total liabilities, end of year
$136,742
Net assets or fund balances, end of year
$1,804,182
Program services expenses (Part IX)
$346,741
Management and general expenses
$26,158
Fundraising expenses
$86,043
Program service expenses (Part III)
$346,741

Program services were 75.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $92,534

  • 1d · Related organizations

    $284,409

  • 1f · All other contributions, gifts and grants

    $141,513

  • 1g · Noncash contributions included above

    $42,982

  • 3 · Investment income

    total $229 · excluded $229

  • 8a · Fundraising events: gross income

    $50,016

  • 8a · Fundraising events: contributions included on line 1c

    $92,534

  • 8b · Fundraising events: direct expenses

    $59,232

  • 8c · Net income from fundraising events

    total -$9,216 · excluded -$9,216

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $130,445 · program services $130,445

  • 11a · Fees: management

    total $235,545 · program services $151,190 · management and general $19,891 · fundraising $64,464

  • 13 · Office expenses

    total $6,954 · management and general $695 · fundraising $6,259

  • 16 · Occupancy

    total $6,000 · program services $3,851 · management and general $507 · fundraising $1,642

  • 19 · Conferences, conventions and meetings

    total $223 · management and general $223

  • 24a · Other expenses: SHARED SERVICES EXPENSE

    total $48,864 · program services $31,365 · management and general $4,126 · fundraising $13,373

  • 24b · Other expenses: PROGRAM EVENTS

    total $29,707 · program services $29,707

  • 24e · All other expenses

    total $1,204 · program services $183 · management and general $716 · fundraising $305

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $804,096 · end of year $875,310

  • 15 · Other assets

    beginning of year $1,206,368 · end of year $1,065,614

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $158

  • 19 · Deferred revenue

    beginning of year $0 · end of year $900

  • 25 · Other liabilities

    beginning of year $116,055 · end of year $135,684

  • 27 · Net assets without donor restrictions

    beginning of year $1,321,596 · end of year $1,225,138

  • 28 · Net assets with donor restrictions

    beginning of year $572,813 · end of year $579,044

Mission and programs · 2022

Mission

CANOPY HOUSING FOUNDATION IS THE CHARITABLE ARM OF THE CANOPY REALTOR ASSOCIATION AND ACTIVELY SUPPORTS THE FULL HOUSING CONTINUUM FROM HOMELESSNESS TO HOMEOWNERSHIP; PROMOTES AFFORDABLE HOMEOWNERSHIP; PROVIDES FUNDING TO CREATE HOUSING OPPORTUNITIES; AND POSITIONS AND DEVELOPS REALTORS AS LEADERS IN PHILANTHROPIC ACTIVITIES.

Activities or mission (Part I)

REALTORS CREATING HOUSING OPPORTUNITIES THROUGH ADVOCACY, EDUCATION, FUNDING AND LEADERSHIP.

  • REALTORS (R) CARE DAY IS AN ANNUAL COMMUNITY SERVICE PROJECT COORDINATED BY THE FOUNDATION WHERE APPROXIMATELY 400 REALTOR VOLUNTEERS WORKED TO PROVIDE CRITICAL HOME REPAIRS FOR 15 HOMES AND FACILITIES IN MECKLENBURG, IREDELL AND HAYWOOD COUNTIES ON APRIL 29TH, 2022. INCLUDED IN THE PROJECT WERE REPAIRS MADE TO THE FACILITIES OF THREE NON-PROFIT AGENCIES: HOPE HAVEN AND MCCREESH PLACE IN CHARLOTTE, NC AND CHILDREN'S HOPE ALLIANCE IN TROUTMAN, NC. IN ADDITION, TWO SEPARATE FOOD DRIVES WERE HELD IN CONJUNCTION WITH THE PROJECT WITH ALMOST 8,000 LBS OF FOOD COLLECTED FOR AREA FOOD PANTRIES. IN SELECTING WORK SITES, THE FOUNDATION WORKS WITH LOCAL HOUSING PARTNERS AND LOCAL MUNICIPALITIES TO IDENTIFY ELIGIBLE HOMEOWNERS, WHO THEN GO THROUGH A DETAILED APPLICATION AND VERIFICATION PROCESS. SINCE ITS INCEPTION 13 YEARS AGO, THIS PROJECT HAS ASSISTED 300 FAMILIES AND NON-PROFIT ORGANIZATIONS.

    Expenses $214,448

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $92,848 · Grants $91,000

  • STRIDES FOR SHELTER 5K RUN / WALK IS PRESENTED BY THE CANOPY HOUSING FOUNDATION ANNUALLY AND IS DEDICATED TO MEETING THE NEEDS OF THE LOCAL HOMELESS COMMUNITY. THE RACE HAS GENERATED OVER $130,000 THAT HAS BEEN RETURNED TO THE COMMUNITY FOR HOMELESS INITIATIVES SINCE ITS INCEPTION. PROCEEDS OF $39,444.97 FROM THE 2022 STRIDES FOR SHELTER 5K RUN / WALK WERE DONATED TO THE CHARLOTTE RESCUE MISSION. THE CHARLOTTE RESCUE MISSION SERVES THOSE AT THE INTERSECTION OF HOMELESSNESS AND ADDICTION THROUGH HOUSING, COUNSELING, FITNESS, AND EDUCATIONAL PROGRAMS. RACE PROCEEDS WERE USED TOWARD NEEDED RENOVATIONS TO THEIR FACILITY.

    Expenses $39,445 · Grants $39,445

  • THE FOUNDATION PROVIDES VARIOUS EDUCATIONAL PROGRAMS. THE WORKFORCE HOUSING CERTIFICATE PROGRAM (WHCP) EDUCATES REALTORS TO WORK WITH FIRST-TIME BUYERS AND CLIENTS PURCHASING IN THE AFFORDABLE PRICE RANGE (UP TO 80% OF MEDIAN INCOME) AND HELPS THE PUBLIC MORE READILY IDENTIFY REALTORS WHO HAVE ACQUIRED THE EDUCATION AND SKILLS TO CONDUCT REAL ESTATE TRANSACTIONS IN THE WORKFORCE-HOUSING MARKET.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Lee Allen

    PRESIDENT

    Total calculated
    $13,420
    From this org
    $0
    From related orgs
    $12,000
    Other
    $1,420
    Hours/week
    0.5 + 9.5 related
  • Charisma Dockery Smith

    SECRETARY

    Total calculated
    $3,180
    From this org
    $0
    From related orgs
    $2,000
    Other
    $1,180
    Hours/week
    0.5 + 9.5 related
  • Justin Ckezepis

    DIRECTOR

    Total calculated
    $1,420
    From this org
    $0
    From related orgs
    $0
    Other
    $1,420
    Hours/week
    0.5 + 1.5 related
  • Joan Goode

    DIRECTOR

    Total calculated
    $1,180
    From this org
    $0
    From related orgs
    $0
    Other
    $1,180
    Hours/week
    0.5 + 1.5 related
  • Tiffany Johannes

    PRESIDENT-ELECT

    Total calculated
    $3,420
    From this org
    $0
    From related orgs
    $2,000
    Other
    $1,420
    Hours/week
    0.5 + 9.5 related
  • David Kennedy

    PAST PRESIDENT

    Total calculated
    $10,180
    From this org
    $0
    From related orgs
    $9,000
    Other
    $1,180
    Hours/week
    0.5 + 9.5 related
  • Geena Fie

    TREASURER

    Total calculated
    $3,420
    From this org
    $0
    From related orgs
    $2,000
    Other
    $1,420
    Hours/week
    0.5 + 9.5 related
  • Maren Brisson-Kuester

    DIRECTOR

    Total calculated
    $1,240
    From this org
    $0
    From related orgs
    $0
    Other
    $1,240
    Hours/week
    0.5 + 1.5 related
  • Jason Morton

    DIRECTOR

    Total calculated
    $1,180
    From this org
    $0
    From related orgs
    $0
    Other
    $1,180
    Hours/week
    0.5 + 1.5 related
  • Tanya Brown

    DIRECTOR

    Total calculated
    $1,240
    From this org
    $0
    From related orgs
    $0
    Other
    $1,240
    Hours/week
    0.5 + 1.5 related
  • David Deal

    DIRECTOR

    Total calculated
    $1,180
    From this org
    $0
    From related orgs
    $0
    Other
    $1,180
    Hours/week
    0.5 + 1.5 related
  • Brenda Hayden

    DIRECTOR

    Total calculated
    $1,180
    From this org
    $0
    From related orgs
    $0
    Other
    $1,180
    Hours/week
    0.5 + 1.5 related
  • Sallie Myrick

    DIRECTOR

    Total calculated
    $1,180
    From this org
    $0
    From related orgs
    $0
    Other
    $1,180
    Hours/week
    0.5 + 1.5 related
  • Brian Cagle

    DIRECTOR

    Total calculated
    $1,420
    From this org
    $0
    From related orgs
    $0
    Other
    $1,420
    Hours/week
    0.5 + 1.5 related
  • Jennifer Frontera

    DIRECTOR

    Total calculated
    $1,180
    From this org
    $0
    From related orgs
    $0
    Other
    $1,180
    Hours/week
    0.5 + 1.5 related
  • Alma Jacobs

    DIRECTOR

    Total calculated
    $520
    From this org
    $0
    From related orgs
    $0
    Other
    $520
    Hours/week
    0.5 + 1.5 related
  • Julie Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rick Judson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Anne Marie Decatsye

    CEO

    Total calculated
    $487,314
    From this org
    $0
    From related orgs
    $434,174
    Other
    $53,140
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $393,024 related
    Bonus
    $0 + $41,150 related
    Other
    $0
    Deferred
    $0 + $22,875 related
    Nontaxable benefits
    $0 + $30,265 related
    Filer's total
    $0 + $487,314 related
  • Michelle McCool

    CFO

    Total calculated
    $215,811
    From this org
    $0
    From related orgs
    $185,850
    Other
    $29,961
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,500 related
    Bonus
    $0 + $10,350 related
    Other
    $0
    Deferred
    $0 + $13,986 related
    Nontaxable benefits
    $0 + $15,975 related
    Filer's total
    $0 + $215,811 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CAROLINA MULTIPLE LISTING SERVICES INC

    C · MULTIPLE LISTING SERVICE · NC

Provenance

Return type
form_990
Tax year
2022
Filed
2 November 2023
IRS schema version
2022v5.0
Source object
202343119349303259

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