Community Empowerment Fund

Organization Overview

Community Empowerment Fund is located in Chapel Hill, NC. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Community Empowerment Fund employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Empowerment Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Community Empowerment Fund generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $824.3k during the year ending 12/2021. While expenses have increased by 16.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CULTIVATE OPPORTUNITIES, ASSETS AND COMMUNITIES THAT SUPPORT THE ALLEVIATION OF HOMELESSNESS AND POVERTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVOCATE PROGRAM:CONNECTED OVER 3,100 HOMELESS AND NEAR-HOMELESS INDIVIDUALS WITH SUPPORTIVE COMMUNITY RESOURCES (E.G. EMPLOYMENT, FOOD, HEALTH, FINANCIAL SERVICES). SPECIFIC OUTCOMES INCLUDE ASSISTING 93 INDIVIDUALS IN GAINING NEW EMPLOYMENT AND BENEFITS AND ASSISTING 100 HOUSEHOLDS IN MAKING SUCCESSFUL TRANSITIONS FROM HOMELESSNESS WHICH RESULTED IN A HOME FOR 145 INDIVIDUALS (INCLUDING CHILDREN AND DEPENDENTS).


SAVINGS PROGRAM:ENABLED 135 HOMELESS AND NEAR-HOMELESS INDIVIDUALS TO SAVE $108,642 TOWARDS PERSONAL SAVINGS GOALS BY PROVIDING GOAL ORIENTED, MATCHED SAVINGS ACCOUNTS AND PERSONALIZED MONEY MANAGEMENT ASSISTANCE. THE PROGRAM ALSO PROVIDES LOW-INCOME INDIVIDUALS WITH FINANCIAL COACHING, JOB READINESS TRAINING AND RELATIONSHIP-BASED SUPPORT FOR ACHIEVING GREATER FINANCIAL STABILITY.


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Board, Officers & Key Employees

Name (title)Compensation
Donna Carrington
Executive Director
$68,333
Ari Rosenberg
Finance Director
$61,715
Brian Smith
Chair
$0
Karen Eldridge
Vice Chair
$0
Carolyn Fryberger
Treasurer
$0
Psiyina Davis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $266,553
All other contributions, gifts, grants, and similar amounts not included above$907,814
Noncash contributions included in lines 1a–1f $19,407
Total Revenue from Contributions, Gifts, Grants & Similar$1,174,367
Total Program Service Revenue$0
Investment income $1,548
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $282
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,176,233

Grants Recieved

Over the last fiscal year, we have identified 24 grants that Community Empowerment Fund has recieved totaling $356,628.

Awarding OrganizationAmount
United Way Of The Greater Triangle Inc

Durham, NC

PURPOSE: GENERAL SUPPORT

$199,134
The Duke Energy Foundation

Charlotte, NC

PURPOSE: JUSTICE, EQUITY, & INCLUSION

$25,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$20,000
Mead Family Foundation

Bethesda, MD

PURPOSE: DISCRETIONARY GRANT

$15,000
Blumenthal Foundation For Charity Religion Education & Better Inter-

Charlotte, NC

PURPOSE: THE SECOND PAYMENT ON THE $25,000.00 GRANT FOR THE WORK THEY DO WITH LOW-INCOME FAMILIES.

$12,500
Blumenthal Foundation For Charity Religion Education & Better Inter-

Charlotte, NC

PURPOSE: A GRANT TO HELP GROW AND DEEPEN THE PROGRAMS TO ALLEVIATE HOMELESSNESS AND POVERTY INCLUDING CE...

$12,500
View Grant Recipient Profile

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