Communities In Partnership
- Assets
- $3.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 14
- Location
- Durham, NC
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 47-5567396
Organization Overview
Communities In Partnership is located in Durham, NC. The organization was established in 2016. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Communities In Partnership employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Communities In Partnership 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, Communities In Partnership generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 63.2% each year . All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 63.1% per year over the past 6 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
OUR MISSION IS TO ORGANIZE AND CULTIVATE LONG-TERM RESIDENTS, ESPECIALLY RESIDENTS OF COLOR AND LOW WEALTH, TO WORK TOWARDS RACIAL, ECONOMIC, AND SOCIAL LIBERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED EVENTS & PROVIDED TRAINING FOR MEMBERS OF THE COMMUNITY IN FUTHERANCE OF THE ORGANIZATION'S EXEMPT MISSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cameron L Smith Executive Director | OfficerTrustee | 40 | $96,247 |
Midori Brooks Board Member | Trustee | 20 | $24,271 |
Andrea Hudson Co-Chair | Trustee | 1 | $0 |
Nishani Frazier Board Member | Trustee | 1 | $0 |
Cathy Rimer-Surles Treasurer | Trustee | 2 | $0 |
Candace Rashada-Mujahid Co-Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $253,191 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,049,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,302,376 |
| Total Program Service Revenue | $0 |
| Investment income | $912 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,500 |
| 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 | $2,621,559 |
| 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. | $177,686 |
| Compensation of current officers, directors, key employees. | $177,686 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $296,230 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,635 |
| Payroll taxes | $36,450 |
| Fees for services: Management | $7,303 |
| Fees for services: Legal | $3,430 |
| Fees for services: Accounting | $5,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $207 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $95,404 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,283 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $218,978 |
| All other expenses | $489,590 |
| Total functional expenses | $2,537,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,320,952 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,662,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,993,523 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,038,071 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,038,071 |
| Net assets without donor restrictions | $1,955,452 |
| Net assets with donor restrictions | $0 |
| 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 | $2,993,523 |