Totals
- Total revenue
- $3,188,554
- Total expenses
- $2,760,629
- Contributions and grants received
- $1,580,168
- Grants paid
- $0
- Program service revenue
- $1,302,793
- Investment income
- $293,141
- Other revenue
- $12,452
- Total assets, end of year
- $29,552,059
- Total liabilities, end of year
- $14,450,644
- Net assets or fund balances, end of year
- $15,101,415
- Program services expenses (Part IX)
- $2,003,576
- Management and general expenses
- $685,365
- Fundraising expenses
- $71,688
- Program service expenses (Part III)
- $2,003,576
Program services were 72.6% 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.
-
1e · Government grants (contributions)
$648,786
-
1f · All other contributions, gifts and grants
$931,382
-
2a · Program service revenue: INTEREST ON LOANS RECEIVABLE
total $585,463 · related or exempt $585,463
-
2b · Program service revenue: MANAGEMENT FEES & CONTRACTS
total $297,357 · related or exempt $297,357
-
2c · Program service revenue: PROGRAM SERVICE FEES
total $230,946 · related or exempt $230,946
-
2d · Program service revenue: LOAN FEES
total $135,725 · related or exempt $135,725
-
2e · Program service revenue: RENTAL INCOME
total $53,302 · related or exempt $53,302
-
3 · Investment income
total $293,141 · excluded $293,141
-
11a · Other revenue: GAIN ON DISPOSAL OF ASSET
total $12,452 · related or exempt $12,452
-
11e · Other revenue, total
$12,452
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $131,121 · program services $102,930 · management and general $26,224 · fundraising $1,967
-
7 · Other salaries and wages
total $1,321,064 · program services $1,037,100 · management and general $264,455 · fundraising $19,509
-
11c · Fees: accounting
total $56,799 · program services $28,963 · management and general $27,836
-
11g · Fees: other
total $221,531 · program services $71,493 · management and general $114,905 · fundraising $35,133
-
14 · Information technology
total $63,725 · program services $20,589 · management and general $39,643 · fundraising $3,493
-
16 · Occupancy
total $61,411 · program services $18,725 · management and general $42,686
-
19 · Conferences, conventions and meetings
total $62,095 · program services $33,547 · management and general $28,548
-
20 · Interest
total $239,262 · program services $205,206 · management and general $34,056
-
22 · Depreciation, depletion and amortization
total $76,664 · program services $10,482 · management and general $66,182
-
23 · Insurance
total $24,828 · program services $24,318 · management and general $510
-
24a · Other expenses: DOWN PAYMENT ASSISTANCE
total $190,500 · program services $190,500
-
24b · Other expenses: LOAN PROGRAM COSTS
total $166,005 · program services $166,005
-
24c · Other expenses: OTHER
total $47,140 · program services $29,507 · management and general $17,633
-
24d · Other expenses: PROG. GRANTS/SCHOLARSHIPS
total $40,140 · program services $40,140
-
24e · All other expenses
total $58,344 · program services $24,071 · management and general $22,687 · fundraising $11,586
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $16,187,843 · end of year $16,139,966
-
4 · Accounts receivable
beginning of year $1,391,090 · end of year $1,366,410
-
7 · Other notes and loans receivable
beginning of year $8,427,012 · end of year $9,725,878
-
9 · Prepaid expenses and deferred charges
beginning of year $41,918 · end of year $17,226
-
10a · Land, buildings and equipment: cost or other basis
$2,588,827
-
10b · Land, buildings and equipment: accumulated depreciation
$448,822
-
10c · Land, buildings and equipment, net
beginning of year $2,208,733 · end of year $2,140,005
-
15 · Other assets
beginning of year $194,501 · end of year $162,574
-
17 · Accounts payable and accrued expenses
beginning of year $530,140 · end of year $504,680
-
19 · Deferred revenue
beginning of year $1,663,245 · end of year $2,322,836
-
24 · Unsecured notes and loans payable
beginning of year $11,204,165 · end of year $11,434,770
-
25 · Other liabilities
beginning of year $380,057 · end of year $188,358
-
27 · Net assets without donor restrictions
beginning of year $14,673,490 · end of year $15,101,415
Mission and programs · 2023
Mission
COMMUNITYWORKS IS A PUBLICLY SUPPORTED ORGANIZATION AND CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES FUNDING TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT TO HELP STABILIZE LOW WEALTH FAMILIES AND COMMUNITIES IN THE STATE OF SOUTH CAROLINA.
-
COMMUNITYWORKS IS A PUBLICLY SUPPORTED ORGANIZATION AND CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES FUNDING TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT TO HELP STABILIZE LOW WEALTH FAMILIES AND COMMUNITIES IN THE STATE OF SOUTH CAROLINA.
Expenses $2,003,576 · Revenue $1,302,793
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Latorrie N GeerLATORRIE N GEER
PRESIDENT/CE
- Total calculated
- $131,121
- From this org
- $131,121
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Euleta AlstonEULETA ALSTON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ankoma D AndersonANKOMA D ANDERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard CleysRICHARD CLEYS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mike GatchellMIKE GATCHELL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael GatesMICHAEL GATES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Curt HallCURT HALL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Zandra JohnsonZANDRA JOHNSON
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tim JusticeTIM JUSTICE
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Maggie KlegerMAGGIE KLEGER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stacey D MillsSTACEY D MILLS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gustavo NievesGUSTAVO NIEVES
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tammy C PropstTAMMY C PROPST
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Coleman ShouseCOLEMAN SHOUSE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jill M ValesJILL M VALES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel WeidenbennerDANIEL WEIDENBENNER
MEMBER
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441249349300534
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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