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Nonprofiteer
← NORTH CAROLINA HOUSING COALITION INC

Form 990 for tax year 2023

Filed by NORTH CAROLINA HOUSING COALITION INC.

Totals

Total revenue
$4,049,010
Total expenses
$4,557,844
Contributions and grants received
$3,908,136
Grants paid
$3,261,305
Program service revenue
$138,900
Investment income
$324
Other revenue
$1,650
Total assets, end of year
$1,574,470
Total liabilities, end of year
$990,387
Net assets or fund balances, end of year
$584,083
Program services expenses (Part IX)
$4,210,849
Management and general expenses
$255,210
Fundraising expenses
$91,785
Program service expenses (Part III)
$4,210,849

Program services were 92.4% 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.

  • 1e · Government grants (contributions)

    $3,661,317

  • 1f · All other contributions, gifts and grants

    $246,819

  • 2a · Program service revenue: CONFRENCE REGISTRATION & SPON

    total $122,225 · related or exempt $122,225

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $16,675 · related or exempt $16,675

  • 3 · Investment income

    total $324 · excluded $324

  • 11a · Other revenue: MISC INCOME

    total $1,650 · excluded $1,650

  • 11e · Other revenue, total

    $1,650

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,161,689 · program services $1,161,689

  • 2 · Grants to domestic individuals

    total $2,099,616 · program services $2,099,616

  • 5 · Compensation of officers, directors and key employees

    total $84,979 · program services $66,600 · management and general $11,237 · fundraising $7,142

  • 7 · Other salaries and wages

    total $677,711 · program services $531,140 · management and general $89,613 · fundraising $56,958

  • 8 · Pension plan contributions

    total $28,858 · program services $22,452 · management and general $4,600 · fundraising $1,806

  • 9 · Other employee benefits

    total $113,841 · program services $88,570 · management and general $18,145 · fundraising $7,126

  • 10 · Payroll taxes

    total $61,385 · program services $48,439 · management and general $7,830 · fundraising $5,116

  • 11c · Fees: accounting

    total $127,589 · program services $94,545 · management and general $29,559 · fundraising $3,485

  • 11d · Fees: lobbying

    total $36,753 · management and general $36,753

  • 11g · Fees: other

    total $19,680 · program services $15,418 · management and general $4,262

  • 13 · Office expenses

    total $21,253 · program services $15,868 · management and general $3,924 · fundraising $1,461

  • 14 · Information technology

    total $11,296 · program services $8,532 · management and general $1,968 · fundraising $796

  • 16 · Occupancy

    total $28,618 · program services $23,462 · management and general $2,961 · fundraising $2,195

  • 17 · Travel

    total $10,753 · program services $6,242 · management and general $4,511

  • 19 · Conferences, conventions and meetings

    total $18,119 · program services $9,523 · management and general $2,896 · fundraising $5,700

  • 20 · Interest

    total $7,385 · program services $2,900 · management and general $4,485

  • 22 · Depreciation, depletion and amortization

    total $4,692 · management and general $4,692

  • 23 · Insurance

    total $3,744 · management and general $3,744

  • 24a · Other expenses: MISCELLANEOUS

    total $27,113 · program services $13,870 · management and general $13,243

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $12,770 · program services $1,983 · management and general $10,787

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $389,127 · end of year $206,690

  • 2 · Savings and temporary cash investments

    beginning of year $61,446 · end of year $61,270

  • 3 · Pledges and grants receivable

    beginning of year $1,067,286 · end of year $1,269,701

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,734 · end of year $7,769

  • 10a · Land, buildings and equipment: cost or other basis

    $94,883

  • 10b · Land, buildings and equipment: accumulated depreciation

    $65,843

  • 10c · Land, buildings and equipment, net

    beginning of year $60,426 · end of year $29,040

  • 17 · Accounts payable and accrued expenses

    beginning of year $72,610 · end of year $67,364

  • 18 · Grants payable

    beginning of year $375,039 · end of year $476,276

  • 19 · Deferred revenue

    end of year $105,000

  • 23 · Secured mortgages and notes payable

    end of year $323,261

  • 25 · Other liabilities

    beginning of year $45,453 · end of year $18,486

  • 27 · Net assets without donor restrictions

    beginning of year $414,723 · end of year $426,869

  • 28 · Net assets with donor restrictions

    beginning of year $678,194 · end of year $157,214

Mission and programs · 2023

Mission

THE COALITION IS A MEMBERSHIP ORGANIZATION LEADING A MOVEMENT TO ENSURE THAT EVERY NORTH CAROLINIAN HAS A HOME IN WHICH TO LIVE WITH DIGNITY AND OPPORTUNITY.

  • HOUSING COUNSELING ASSISTANCE: IN 2023 AND 2022, THE COALITION WAS AWARDED COMPREHENSIVE HOUSING COUNSELING PROGRAM (CHC) FUNDS THROUGH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), OFFICE OF HOUSING COUNSELING. IN 2021, THE COALITION WAS ALSO AWARDED HOUSING STABILITY COUNSELING PROGRAM (HSCP) FUNDS THROUGH NEIGHBORWORKS AMERICA. THESE PROGRAMS PROVIDE COUNSELING AND ADVICE TO TENANTS AND HOMEOWNERS. THE COALITION CONTRACTS WITH HUD-APPROVED HOUSING COUNSELING AGENCIES TO PROVIDE A WIDE VARIETY OF HOUSING COUNSELING SERVICES TO HOMEBUYERS, HOMEOWNERS, RENTERS, AND THE HOMELESS. THROUGH A SUBRECIPIENT AGREEMENT WITH THE NC OFFICE OF RECOVERY AND RESILIENCY (NCORR) EXECUTED IN 2022, THE HOMEOWNERSHIP ASSISTANCE PROGRAM PROVIDES DOWN PAYMENT AND CLOSING COSTS ASSISTANCE TO FIRST TIME AND FIRST-GENERATION HOMEBUYERS FOR THE PURCHASE OF A HOME, TO BE USED AS THE PRIMARY RESIDENCE, WITHIN 16 COUNTIES MOST IMPACTED AND DISTRESSED BY HURRICANES MATTHEW AND FLORENCE. THROUGH A SUBRECIPIENT AGREEMENT WITH NCORR EXECUTED IN 2021, THE COALITION IS RESPONSIBLE FOR COORDINATING HOUSING COUNSELING SERVICES TO NCORR BUYOUT PROGRAM PARTICIPANTS.

    Expenses $3,582,140 · Grants $3,236,305

  • GENERAL PROGRAM SERVICES: IN 2021, THE COALITION WAS AWARDED A SUBGRANT FROM THE NC DHHS, DIVISION OF PUBLIC HEALTH FOR DEVELOPING A HOUSING LANDSCAPE ANALYSIS AND WORKING ON HOUSING POLICY RECOMMENDATIONS FOR INDIVIDUALS COMING OUT OF INCARCERATION SETTINGS AND WITH SUBSTANCE ABUSE ISSUES. THE COALITION WAS AWARDED A CONTINUATION FOR THE PROGRAM THROUGH 2024.

    Expenses $249,608

  • POLICY & ADVOCACY: THE COALITION PROVIDES GENERAL ADVOCACY, EDUCATION AND PUBLIC POLICY DEVELOPMENT TO INCREASE ACCESS TO AFFORDABLE HOUSING FOR LOW-INCOME NORTH CAROLINIANS. THE COALITION IS ALSO PART OF THE NATIONAL ENERGY EFFICIENCY FOR ALL CAMPAIGN THAT FOCUSES ON ENERGY EFFICIENCY FOR LOW-INCOME RENTERS AND THE OPPORTUNITY STARTS AT HOME THAT SEEKS TO BROADEN THE SUPPORT FOR HOUSING AMONG OTHER SECTORS. THE COALITION IS ALSO ENGAGED WITH AND SUPPORTS LOCAL INDIVIDUALS AND ORGANIZATIONS ENGAGED IN TENANT ORGANIZING.

    Expenses $219,013 · Grants $25,000

  • ANNUAL HOUSING CONFERENCES: THE COALITION CO-HOSTS AND FACILITATES THE NC ANNUAL HOUSING CONFERENCE WHICH BRINGS TOGETHER DEVELOPERS, LENDERS, ADVOCACY ORGANIZATIONS, SERVICE PROVIDERS, HOUSING COUNSELORS AND MANY OTHERS TO DISCUSS BEST PRACTICES AND THE IMPACT AFFORDABLE HOUSING HAS ON OUR FAMILIES, COMMUNITIES, AND ECONOMY. THE COALITION ALSO CO-HOSTS THE BRINGING IT HOME CONFERENCE, AN ANNUAL CONFERENCE FOR HOMELESS SERVICE PROVIDERS.

    Expenses $160,088

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Samuel Gunter

    EXECUTIVE DI

    Total calculated
    $109,357
    From this org
    $84,979
    From related orgs
    $0
    Other
    $24,378
    Hours/week
    40

  • Lesley Albritton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nikitra Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Cameron

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Evan Covington-Chavez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sofia Crisp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lee Cochran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ted Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Kornelis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Autrice Campbell Long

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tyler Mulligan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.0
Source object
202443199349316229

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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