Lumbee Community Development Corporation Inc
- Assets
- $298.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pembroke, NC
- Founding
- 08/2002
- Data as of
- 06/2022
- EIN
- 37-1423274
Organization Overview
Lumbee Community Development Corporation Inc is located in Pembroke, NC. The organization was established in 2002. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lumbee Community Development Corporation Inc 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 06/2022, Lumbee Community Development Corporation Inc generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $103.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Maynor Board Member | 1 | $150 | |
Earl Cummings Treasurer | 1 | $1,200 | |
Larry Jacobs Board Chair | 1 | $1,200 | |
Robin Lowery Board Member | 1 | $150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,700 |
| Professional fees and other payments to independent contractors | $2,745 |
| Occupancy, rent, utilities, and maintenance | $3,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $94,645 |
| Total expenses | $103,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,042 |
| Other assets | $0 |
| Total assets | $298,072 |
| Total liabilities | $0 |
| Net assets or fund balances | $298,072 |