EAST CAROLINA COMMUNITY DEVELOPMENT INC

As filed

Subsection

03

NTEE code

L21

Classification

1000

Street

108 PROFESSIONAL PARK DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• CONSTRUCTING QUALITY AFFORDABLE HOUSING FOR SENIORS AND FAMILIES, AS WELL AS DEVELOPING A COMMUNITY SERVICE INFRASTRUCTURE TO HANDLE THE GROWING NEEDS OF AN EXPANDING POPULATION BASE.

  Expenses $819,681 · Revenue $158,441

• INTERMEDIARY RELENDING PROGRAM - TO PROVIDE LOAN CAPITAL TO BUSINESSES LOCATED IN RURAL NORTH CAROLINA THROUGH A CONTRACTUAL AGREEMENT WITH THE USDA RURAL DEVELOPMENT.

  Expenses $4,259

• COMMUNITY HEALTH AND SAFETY - TO PROVIDE NON-MEDICAL SERVICES FOR ELIGIBLE INDIVIDUALS SPECIFICALLY RELATED TO FOOD, HOUSING, TRANSPORTATION, INTERPERSONAL SAFETY, AND TOXIC STRESS INCLUDING ASSISTANCE WITH HOUSING INSPECTIONS AND PROVIDING HEALTHY HOME GOODS.

  Expenses $465,226 · Revenue $227,121

• MANAGEMENT AND OWNERSHIP IN RENTAL OPERATIONS OF PARACHUTE MANAGEMENT COMPANY, LLC, AN AFFORDABLE HOUSING PROJECT WITH 16 LIHTC COMMUNITIES ACROSS EASTERN NORTH CAROLINA.

  Expenses $2,084

• DEVELOPMENT AND OWNERSHIP IN RENTAL OPERATIONS OF MEADOW'S GATE, LLC, AN AFFORDABLE HOUSING PROJECT UTILIZING SECTION 1602 TAX CREDIT EXCHANGE FUNDS THROUGH NCHFA.

  Expenses $725,222 · Revenue $619,903

• DEVELOPMENT AND OWNERSHIP IN RENTAL OPERATIONS OF COMPASS POINTE AT MEADOWS GATE, LLC, AN EIGHT UNIT PROJECT FOR VETERAN SUPPORTIVE HOUSING

  Expenses $52,743 · Revenue $54,475

• INVESTMENT CORPORATIONS HOLDING GENERAL PARTNERSHIP INTERESTS IN AFFORDABLE HOUSING PROJECTS.

  Expenses $3,717,879 · Revenue $3,177,636

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

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $4,672,865

  Expenses

  $5,882,486

  Contributions

  $418,112

  Grants paid

  $0

• 2022

  Revenue

  $3,018,625

  Expenses

  $3,470,884

  Contributions

  $376,516

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,164,588

  Expenses

  $2,596,811

  Assets (EOY)

  $21,056,335

• 2020 · 990

  Revenue

  $3,072,433

  Expenses

  $3,094,027

  Assets (EOY)

  $21,533,184

• 2019 · 990

  Revenue

  $3,681,925

  Expenses

  $3,674,510

  Assets (EOY)

  $21,012,773

• 2018 · 990

  Revenue

  $2,401,417

  Expenses

  $2,399,023

  Assets (EOY)

  $20,757,661

• 2018 · 990

  Revenue

  $2,673,092

  Expenses

  $3,001,320

  Assets (EOY)

  $20,720,743

• 2017 · 990

  Revenue

  $1,249,961

  Expenses

  $1,436,124

  Assets (EOY)

  $12,682,891

• 2016 · 990

  Revenue

  $1,288,756

  Expenses

  $1,486,227

  Assets (EOY)

  $15,643,937

• 2015 · 990

  Revenue

  $1,133,642

  Expenses

  $1,310,429

  Assets (EOY)

  $13,258,382

• 2014 · 990

  Revenue

  $1,821,247

  Expenses

  $1,340,709

  Assets (EOY)

  $12,680,282

• 2013 · 990

  Revenue

  $999,326

  Expenses

  $1,580,002

  Assets (EOY)

  $13,533,958

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• NEW HANOVER COMMUNITY ENDOWMENT INC

  $125,000

  2022 · Develop affordable housing for families and senior citizens. Develop Family Life Center with facilities to minister to the entire family.This grant will support the Covenant Senior Housing development.

• CAMBER FOUNDATION

  $25,000

  2025 · GENERAL OPERATING SUPPORT, FOR CARTERET AND ONSLOW COUNTIES

• ENTERPRISE COMMUNITY PARTNERS INC

  $19,042

  2025 · PARTNER SUSTAINABILITY GENERAL

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files