Community Builders Of Kansas City

Organization Overview

Community Builders Of Kansas City is located in Kansas City, MO. The organization was established in 1992. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, Community Builders Of Kansas City employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Builders Of Kansas City 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 12/2020, Community Builders Of Kansas City generated $43.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $5.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY BUILDERS OF KANSAS CITY'S (CBKC) MISSION IS TO CHANGE THE LANDSCAPE BY IGNITING AND FUELING EQUITY, ACCESS, OPPORTUNITY, AND ADVOCACY.

Describe the Organization's Program Activity:

TO DATE THE MOUNT CLEVELAND REDEVELOPMENT INITIATIVE HAS GENERATED A SUBSTANCE ABUSE TREATMENT CENTER; A 143,000 SQUARE FOOT FEDERALLY QUALIFIED HEALTH CENTER; A CHILD AND FAMILY DEVELOPMENT CENTER; EXPANDED OFFICE SPACE; RETAIL SERVICES AND 80 UNITS OF AFFORDABLE, VERY ATTRACTIVE DUPLEXES AND TOWNHOUSES ALL AS A PART OF THE MOUNT CLEVELAND REDEVELOPMENT INITIATIVE. IT IS CLEAR THAT THE MOUNT CLEVELAND INITIATIVE CONTINUES TO SPUR THE REVITALIZATION OF THE URBAN CORE. CBKC CURRENTLY IS UNDERTAKING AN INITIATIVE TO IMPROVE THE BRUSH CREEK CORRIDOR BY DEVELOPING A 60,000/250,000 SQUARE FOOT CAMPUS LOCATED IN AN OPPORTUNITY ZONE. WITH AN INITIAL INVESTMENT OF 20 MILLION AND A PROJECTED BUILT OUT CAMPUS OF 70- 90 MILLION COMPRISED OF COMMERCIAL/MIXED USE PROPERTIES. THE INITIATIVE WILL TARGET AS TENANTS NON PROFIT ORGANIZATIONS, FOUNDATIONS, AND PUBLIC SECTOR BUSINESSES THAT PROVIDE SERVICES AND EMPLOYMENT OPPORTUNITES FOR THE URBAN CORE. AT THE END OF 2020, CBKC WAS AWARDED NOTICE OF LIHTC FUNDING FOR RENOVATIONS AT THE CLEVELAND.


CBKC IS RESPONSIBLE FOR THE OVERSIGHT AND OPERATION OF NEARLY 650 UNITS OF SUBSIDIZED, AFFORDABLE, MULTI-FAMILY RENTAL HOUSING. THE DEMOGRAPHIC OF A SIGNLE PARENT WITH CHILDREN COMPRISES 80% OF THE HOUSHOLDS AT 8 OF THE 10 MULTI-FAMILY PROPERTIES. THE UNITS ACCOMODATE THE NEEDS OF LOW TO MODERATELY LOW INCOME RESIDENTS. ONE OF THE MULTI-FMAILY PROPERTIES ACCOMODATES THE NEEDS OF LOW TO MODERATE INCOME SENIORS. ANOTHER PROJECT SERVES THOSE WITH SPECIAL NEEDS. OCCUPANCY LEVELS AT THE 10 MULTI-FAMILY PROPERTIES WERE GENERALLY MAINTAINED AT OR ABOVE 90% FOR 2020. CBKC'S RENTAL HOUSING HAS CONSISTENTLY RECEIVED ABOVE AVERAGE RATINGS FROM THE MISSOURI HOUSING DEVELOPMENT COMMISSION. DURING 2020 CBKC CONTINUED PLANNING FOR AN ADDITIONAL 64 UNITS OF RESIDENTIAL HOUSING.


CBKC ALSO OWNS AND MAINTAINS A SHOPPING CENTER LOCATED IN AN AREA OF THE CITY OF KANSAS CITY WHICH HAD NO GROCERY STORE OR OTHER SERVICES FOR THE COMMUNITY. CBKC MAINTAINED THE SHOPPING CENTER OCCUPANCY AT APPROXIMATELY NINETY PERCENT (90%) AND THUS MAINTED SERVICES PROVIDED TO THE COMMUNITY DURING 2020. TODAY THE SHOPPING CENTER SERVES OVER 200,000 UNDERSERVED PEOPLE IN THE URBAN CORE. CBKC HAS CONTINUED WORKING ON CONTAINING OPERATING EXPENSES IN ORDER TO ATTRACT DESIRABLE TENANTS. DURING 2020, CBKC PURCHASED THE ASSETS OF A GROCERY STORE AND CONTINUED ITS OPERATIONS TO PROVIDE A FOOD SOURCE TO THE COMMUNITY. CBKC ALSO OWNS AND MANAGES 85,000 SQUARE FEET OF OFFICE SPACE. CBKC HAS LEASED OFFICE SPACE TO A SIGNIFICANT NUMBER OF NOT FOR PROFITS THAT PROVIDE SERVICES TO THE SURROUNDING UNDER SERVED COMMUNITY. DURING 2019, CBKC TOOK THE INITIAL INITIATIVE TO ACQUIRE AND DEVELOP COMMERCIAL PROPRERTY ON AN ELEVEN ACRE BLIGHTED AND DISTRESSED AREA OF THE BRUSH CREEK CORRIDOR IN KANSAS CITY, MISSOURI TO IMPROVE AN UNDERSERVED COMMUNITY. IN 2020, CBKC PROGRESSED WITH ITS MASTER PLANNING AND MARKETING.


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Board, Officers & Key Employees

Name (title)Compensation
Emmet Pierson Jr
President/ce
$274,772
Stephen R Weatherford
Vice Preside
$126,520
Shannon Hesterberg
COO And Re O
$123,337
Robert Langencamp
Cdo
$118,710
Elizabeth Schuultz
Dir Of State
$104,769
Ken Bacchus
Board Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $328,005
All other contributions, gifts, grants, and similar amounts not included above$37,638,960
Noncash contributions included in lines 1a–1f $27,900,000
Total Revenue from Contributions, Gifts, Grants & Similar$37,966,965
Total Program Service Revenue$2,887,557
Investment income $18,178
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,398
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,398,522

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Community Builders Of Kansas City has recieved totaling $580,675.

Awarding OrganizationAmount
Ewing Marion Kauffman Foundation

Kansas City, MO

PURPOSE: SUPPORT TO BUILD ORGANIZATIONAL CAPACITY AND PROVIDE CONTINUED SUPPORT FOR THE WE GROW KC COALITION TO BENEFIT LOW-INCOME COMMUNITIES IN OR ADJACENT TO OPPORTUNITY ZONES. 202105-10555

$325,675
Ewing Marion Kauffman Foundation

Kansas City, MO

PURPOSE: SUPPORT TO BUILD ORGANIZATIONAL CAPACITY AND PROVIDE CONTINUED SUPPORT FOR THE WE GROW KC COALITION TO BENEFIT LOW-INCOME COMMUNITIES IN OR ADJACENT TO OPPORTUNITY ZONES. 202105-10555

$150,000
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL SUPPORT

$50,000
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$30,000
Ewing Marion Kauffman Foundation

Kansas City, MO

PURPOSE: PROVIDE ESSENTIAL RESOURCES TO 2,800 STUDENTS AND FAMILIES IN NEED OF ASSISTANCE IN JACKSON COUNTY, MISSOURI DUE TO THE COVID-19 HEALTH CRISIS. 202012-9507

$25,000
$0
View Grant Recipient Profile

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