West Boulevard Neighborhood Coalition
- Assets
- $527.0k
- Revenue
- $399.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Charlotte, NC
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 30-0401238
Organization Overview
West Boulevard Neighborhood Coalition is located in Charlotte, NC. The organization was established in 2007. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, West Boulevard Neighborhood Coalition employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Boulevard Neighborhood Coalition 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 12/2023, West Boulevard Neighborhood Coalition generated $399.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $300.0k during the year ending 12/2023. While expenses have increased by 14.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DRIVE COMMUNITY-LED STRATEGIES PROMOTING ECONOMIC AND COMMUNITY DEVELOPMENT FOR RESIDENTS AND BUSINESSES ALONG THE WEST BLVD CORRIDOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEEDS FOR CHANGE PROGRAMTHE SEEDS 4 CHANGE PROGRAM IS A PROGRAM DESIGNED TO ENRICH THE LIVES OF YOUTH THROUGH LEARNING FARMING TECHNIQUES, AND ENTREPRENEURSHIP. WE HAD A SUCCESSFUL SUMMER PROGRAM THAT CONTINUED OUR FOCUS ON NUTRITION AND ADDRESSING THE NEEDS OF THE PEOPLE THAT WE SERVE. WE OPERATE A FARMERS MARKET WITH THIS PROGRAM AS WELL WHICH OFFERS HEALTHY OPTIONS AND A MUCH UNDERSERVED COMMUNITY.- WE HAVE A ROBUST PUBLIC PRIVATE PARTNERSHIP WITH VARIOUS INSTITUTIONS IN THE CHARLOTTE AREA WHICH HELP TO ENSURE THE VITALITY OF THE ORGANIZATION FOR THE SHORT AND LONG TERM- WE HAVE MAINTAINED AN ACTIVE BOARD OF DIRECTORS AT ASSIST WITH THE PLANNING AND PROGRAMMING- WE HAVE SUCCESSFULLY COMPLETED THE SUMMER PROGRAM FOR 2024 AND PREVIOUS YEAR 2023
THE THREE SISTERS MARKET WILL BE LOCATED ON WEST BOULEVARD, A MAJOR THOROUGHFARE CONNECTING DOWNTOWN CHARLOTTE TO THE CHARLOTTE-DOUGLAS AIRPORT, WITH APPROXIMATELY 10,000 CARS PASSING THE SITE DAILY. THE 3.544 ACRE PROPERTY, OWNED BY INLIVIAN (THE LOCAL HOUSING AUTHORITY), HAS BEEN SECURED THROUGH A 99-YEAR LEASE AT $1/YEAR WITH THE WEST BOULEVARD NEIGHBORHOOD COALITION. SITUATED IN ZIP CODE 28025, WHICH IS IDENTIFIED AS A PUBLIC HEALTH PRIORITY AREA BY MECKLENBURG COUNTY PUBLIC HEALTH, THE SITE LIES AT THE HEART OF THE 19 NEIGHBORHOODS THAT MAKE UP THE WEST BOULEVARD CORRIDOR. THE YMCA AND OTHER RECREATION FACILITIES, TWO SENIOR FACILITIES, AN ELEMENTARY SCHOOL, AND SEVERAL CHILDCARE FACILITIES ARE ALL WITHIN A HALF MILE, ALL OF WHICH ARE CONNECTED TO THE SITE BY SIDEWALKS, ENSURING ACCESSIBILITY FOR DIVERSE COMMUNITY MEMBERS. THE CENTRAL LOCATION OF THE THREE SISTERS MARKET POSITIONS IT FOR BEING A LITERAL HUB FOR COMMUNITY WELL-BEING.- WE HAVE AN OPERATING BOARD OF DIRECTORS- WE CURRENTLY ARE MANAGING AND FUNDRAISING THE NECESSARY FUNDS NEEDED TO ACCOMPLISH OUR SHORT/TERM AND LONG TERM GOALS- WE HAVE A STRATEGIC PLAN IN PLACE AND ARE CURRENTLY WORKING WITH A DEVELOPMENT TEAM TO MAKE THIS PROJECT SHOVEL READY
WBNC MERCHANT ASSOCIATIONTHE MERCHANT ASSOCIATION IS A STRONG INITIATIVE THAT IS DESIGNED TO INCREASE A COLLECTIVE ECONOMIC POWER UP THE CORRIDOR AND STRENGTHEN ENTREPRENEURSHIP- A WORKING BOARD HAS BEEN CONSTITUTED WITH A BOARD CHAIR- ACTIVE INITIATIVES ARE IN PLACE TO ENSURE THE VITALITY OF THE ORGANIZATION-MEMBERSHIP HAS EXPONENTIALLY INCREASED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharika Comfort Executive Dir. | Officer | 40 | $88,950 |
Rickey Hall Chair | OfficerTrustee | 25 | $0 |
Brenda Campbell Vice Chair | OfficerTrustee | 2 | $0 |
Lawrence Taylor Treasurer | OfficerTrustee | 2 | $0 |
Elliott Royal Secretary | OfficerTrustee | 2 | $0 |
Guy Cousins Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $141,122 |
| All other contributions, gifts, grants, and similar amounts not included above | $254,313 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,435 |
| Total Program Service Revenue | $1,852 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $399,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,950 |
| Compensation of current officers, directors, key employees. | $8,895 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,473 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,949 |
| Payroll taxes | $8,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,619 |
| Advertising and promotion | $11,606 |
| Office expenses | $541 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,631 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,651 |
| Insurance | $642 |
| All other expenses | $6,792 |
| Total functional expenses | $299,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $404,412 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $119,461 |
| Accounts receivable, net | $308 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,836 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $527,017 |
| Accounts payable and accrued expenses | $83,707 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $83,707 |
| Net assets without donor restrictions | $137,942 |
| Net assets with donor restrictions | $305,368 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $527,017 |