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Nonprofiteer
← CENTER FOR COMMUNITY SELF-HELP

Form 990 for tax year 2023

Filed by CENTER FOR COMMUNITY SELF-HELP.

Totals

Total revenue
$3,240,499
Total expenses
$2,520,442
Contributions and grants received
$1,643,963
Grants paid
$1,903,689
Program service revenue
$1,229,710
Investment income
$243,872
Other revenue
$122,954
Total assets, end of year
$55,248,135
Total liabilities, end of year
$11,110,824
Net assets or fund balances, end of year
$44,137,311
Program services expenses (Part IX)
$2,423,023
Management and general expenses
$96,230
Fundraising expenses
$1,189
Program service expenses (Part III)
$2,423,023

Program services were 96.1% 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.

  • 1b · Membership dues

    $31,626

  • 1e · Government grants (contributions)

    $212,500

  • 1f · All other contributions, gifts and grants

    $1,399,837

  • 2a · Program service revenue: Charitable Credit

    total $1,229,710 · related or exempt $1,229,710

  • 2b · Program service revenue: Enhancement

  • 3 · Investment income

    total $243,872 · excluded $243,872

  • 11a · Other revenue: Technical Assist Rev

    total $22,629 · related or exempt $22,629

  • 11b · Other revenue: Sales Tax Refund

    total $42,083 · related or exempt $42,083

  • 11c · Other revenue: Other Income

    total $58,242 · related or exempt $58,242

  • 11e · Other revenue, total

    $122,954

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,903,689 · program services $1,903,689

  • 11c · Fees: accounting

    total $18,000 · management and general $18,000

  • 11d · Fees: lobbying

    total $9,087 · program services $9,087

  • 11g · Fees: other

    total $178,283 · program services $178,283

  • 13 · Office expenses

    total $1,724 · program services $1,351 · management and general $367 · fundraising $6

  • 16 · Occupancy

    total $15,386 · program services $12,060 · management and general $3,276 · fundraising $50

  • 17 · Travel

    total $7,694 · program services $7,694

  • 22 · Depreciation, depletion and amortization

    total $8,137 · program services $6,379 · management and general $1,732 · fundraising $26

  • 23 · Insurance

    total $594 · program services $466 · management and general $126 · fundraising $2

  • 24a · Other expenses: Staffing Reimb to SHSC

    total $295,250 · program services $231,435 · management and general $62,859 · fundraising $956

  • 24b · Other expenses: Sales Tax Expense

    total $47,711 · program services $37,399 · management and general $10,158 · fundraising $154

  • 24c · Other expenses: Loan Charges-off

    total $36,677 · program services $36,677

  • 24e · All other expenses

    total -$1,790 · program services -$1,497 · management and general -$288 · fundraising -$5

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $279,770 · end of year $292,050

  • 2 · Savings and temporary cash investments

    beginning of year $5,056,393 · end of year $7,736,960

  • 4 · Accounts receivable

    beginning of year $976,249 · end of year $797,598

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,000 · end of year $30,000

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

    $1,023,674

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

    $974,190

  • 10c · Land, buildings and equipment, net

    beginning of year $3,639 · end of year $49,484

  • 11 · Investments: publicly traded securities

    beginning of year $1,251 · end of year $3,787

  • 13 · Investments: program-related

    beginning of year $46,171,400 · end of year $46,283,050

  • 15 · Other assets

    beginning of year $88,231 · end of year $55,206

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,095,945 · end of year $2,881,098

  • 18 · Grants payable

    beginning of year $953,555 · end of year $895,001

  • 19 · Deferred revenue

    beginning of year $300,500 · end of year $2,500,000

  • 24 · Unsecured notes and loans payable

    beginning of year $4,750,529 · end of year $4,779,519

  • 25 · Other liabilities

    beginning of year $89,150 · end of year $55,206

  • 27 · Net assets without donor restrictions

    beginning of year $8,665,472 · end of year $5,404,065

  • 28 · Net assets with donor restrictions

    beginning of year $34,751,782 · end of year $38,733,246

Mission and programs · 2023

Mission

The Centers mission is to create and protect ownership for all, especially people of color, women, rural residents and low wealth families and communities.

  • COMMUNITY DEVELOPMENT REAL ESTATE PROJECTS: Primarily through its supporting organizations, Self-Help Ventures Fund and Self-Help Community Development Corp., The Center engages in economic development through the renovation of historic buildings, construction of new buildings in distressed communities; as well as provides quality affordable retail spaces, community facilities, and commercial rental spaces to revitalize and stabilize distressed communities. Approximately 7,200 beneficiaries.

    Expenses $1,466,750 · Grants $540,250

  • COMMUNITY DEVELOPMENT SECONDARY MARKET PROGRAMS: Facilitation of a secondary market operated by Self-Help Ventures Fund for home mortgages of low-income buyers in distressed communities to make homeownership more widely available to these families. Approximately 19,173 beneficiaries.

    Expenses $840,723 · Grants $394,800 · Revenue $58,242

  • EDUCATIONAL AND TECHNICAL ASSISTANCE: Together with supporting organizations Self-Help Ventures Fund and Self-Help Community Development Corporation, conducted general programs, educational and job-saving activities, and development of support groups and community-based organizations that help low-income people. Approximately 15,165 beneficiaries.

    Expenses $115,550 · Grants $708,639 · Revenue $22,629

  • RESPONSIBLE LENDING POLICY AND RESEARCH: Together with supporting organization Center for Responsible Lending, engaged in education & technical assistance on abusive financial practices that deplete the wealth of low-income & minority families & communities. Published 57 research reports, made 49 presentations, testimony, conferences, and analysis for comment letters to educate the general public and inform the regulatory process. Taken together, the activities noted above had approximately 89,216 beneficiaries.

  • COMMUNITY DEVELOPMENT LENDING: Primarily through Self-Help Ventures Fund, originated and purchased loans primarily to low income, rural, and minority communities enabling home ownership and fostering small business development. Created or maintained jobs, childcare facilities, and schools. Approximately 58,374 beneficiaries.

    Grants $260,000 · Revenue $1,229,710

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

Listed in Part VII

  • Marcus Bowen

    Treasurer

    Total calculated
    $136,535
    From this org
    $0
    From related orgs
    $99,998
    Other
    $36,537
    Hours/week
    1 + 40 related

  • David S Beck

    Policy & Media Director

    Total calculated
    $134,192
    From this org
    $0
    From related orgs
    $100,713
    Other
    $33,479
    Hours/week
    1 + 40 related

  • Martin Eakes

    CEODirector

    Total calculated
    $131,432
    From this org
    $0
    From related orgs
    $97,699
    Other
    $33,733
    Hours/week
    1 + 40 related

  • Dave Shumannfang

    Secretary

    Total calculated
    $131,432
    From this org
    $0
    From related orgs
    $101,449
    Other
    $29,983
    Hours/week
    1 + 40 related

  • Crystal German

    President

    Total calculated
    $107,383
    From this org
    $0
    From related orgs
    $69,403
    Other
    $37,980
    Hours/week
    1 + 40 related

  • Ashley Smith

    Director

    Total calculated
    $98,220
    From this org
    $0
    From related orgs
    $60,807
    Other
    $37,413
    Hours/week
    1 + 40 related

  • Mike Bauders

    Director

    Total calculated
    $94,848
    From this org
    $0
    From related orgs
    $76,021
    Other
    $18,827
    Hours/week
    1 + 40 related

  • Anna Tefft

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Joseph A Smith Jr

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Mike Giarla

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Melvin Davis

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Farad Ali

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Lewis Myers

    ChairDirector

    Total calculated
    $0
    Hours/week
    0.5

  • David Stein

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Linda Shaw

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Gene Nichol

    Director

    Total calculated
    $0
    Hours/week
    0.5

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.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 March 2024
IRS schema version
2023v5.1
Source object
202403169349303690

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

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