Form 990 for tax year 2024

Totals

Total revenue

$3,828,199

Total expenses

$3,195,511

Contributions and grants received

$3,613,038

Grants paid

$1,852,954

Program service revenue

$202,268

Investment income

$1,214

Other revenue

$11,679

Total assets, end of year

$2,082,133

Total liabilities, end of year

$865,362

Net assets or fund balances, end of year

$1,216,771

Program services expenses (Part IX)

$2,841,765

Management and general expenses

$259,491

Fundraising expenses

$94,255

Program service expenses (Part III)

$2,841,765

Program services were 88.9% 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.

Mission and programs · 2024

• HOUSING COUNSELING ASSISTANCE: IN 2024 AND 2023, THE COALITION WAS AWARDED COMPREHENSIVE HOUSING COUNSELING PROGRAM (CHC) FUNDS THROUGH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), OFFICE OF HOUSING COUNSELING. 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.

  Expenses $2,047,769 · Grants $1,827,954

• 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 $170,201

• 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 $354,214 · Grants $25,000

• COMMUNITY JUSTICE COLLABORATIVE: THE COMMUNITY JUSTICE COLLABORATIVE (CJC) IS A NEW TRIANGLE-REGION INITIATIVE INCUBATED BY THE NC HOUSING COALITION. THE PRIMARY PURPOSE OF THE COLLABORATIVE IS TO SUPPORT AND CONNECT COMMUNITY-LED EFFORTS IN HISTORICALLY BLACK COMMUNITIES TO PREVENT THE DISPLACEMENT OF LONG-TERM NEIGHBORS AND TO ENABLE AFFORDABLE AND EQUITABLE HOUSING DEVELOPMENT, PROVIDE AMPLE OPPORTUNITIES FOR POWER BUILDING ACROSS THE REGION. WORKING IN AND WITH A DOZEN HISTORICALLY BLACK NEIGHBORHOODS, THE CJC WILL HELP MOBILIZE COMMUNITY DEVELOPMENT STRATEGIES, REAL ESTATE TOOLS, AND DATA ANALYSIS TO FURTHER COMMUNITY SELF-DETERMINATION, INCREASE RACIAL EQUITY, AND RETAIN LOWER-INCOME LONG-TERM BLACK RESIDENTS WHO HAVE BUILT AND SUSTAINED OUR COMMUNITIES. NORTH CAROLINA TENANTS UNION (NCTU): ON MARCH 15, 2024, THE COALITION (THE "SPONSOR") ENTERED INTO A FISCAL SPONSORSHIP AGREEMENT WITH THE NORTH CAROLINA TENANTS UNION (THE "PROJECT"). UNDER THIS AGREEMENT, THE SPONSOR PROVIDES FISCAL SPONSORSHIP SERVICES, INCLUDING RECEIVING GRANTS, TAX DEDUCTIBLE CONTRIBUTIONS, AND OTHER REVENUES ON BEHALF OF THE PROJECT. THE SPONSOR IS ALSO RESPONSIBLE FOR MAINTAINING FINANCIAL OVERSIGHT, DISBURSING FUNDS AND PROCESSING PAYROLL FOR THE PROJECT'S ACTIVITIES IN ACCORDANCE WITH THE TERMS OUTLINED IN THE AGREEMENT. THE AGREEMENT INCLUDES AN ADMINISTRATIVE FEE OF 6.5% OF THE PROJECT'S GROSS REVENUE, APPLIED TO DONATIONS AND GRANTS RECEIVED BY THE SPONSOR ON THE PROJECT'S BEHALF. ADDITIONALLY, THE SPONSOR AGREES TO PROVIDE CERTAIN EMPLOYEE BENEFITS AND ADMINISTRATIVE SUPPORT TO PROJECT STAFF. THIS AGREEMENT IS EXPECTED TO REMAIN IN EFFECT UNTIL THE PROJECT HAS ESTABLISHED AND CONFIRMED INDEPENDENT 501(C)3 LEGAL STATUS AND THE PARTIES AGREE TO TERMINATION IN WRITING, UNLESS SOONER TERMINATED BY THE PARTIES AS OUTLINED IN THE AGREEMENT. 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 $269,581

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

• PROSPERITY UNLIMITED INC

  $165,191

• CONSUMER CREDIT COUNSELING OF GREEN

  $106,597

• REINVESTMENT PARTNERS

  $99,269

• CONSUMER CREDIT COUNSELING SERVICE

  $82,073

• HOUSING CONSULTANTS GROUP

  $56,100

• CLEVELAND COUNTY CDC

  $53,024

• OLIVE HILL COOM ECONOMIC DEV CORP

  $51,888

• HOME SOLUTIONS OF DAVIDSON COUNTY

  $48,044

• KINGDOM COMMUNITY DEVELOPMENT CORP

  $44,939

• WILSON COMMUNITY IMPROVEMENT ASSN

  $35,990

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

Provenance

Return type

form_990

Tax year

2024

Filed

8 October 2025

IRS schema version

2024v5.0

Source object

202512879349300401

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

The source document this was parsed from is served over the API, which is where bulk and document access live.