Caramore Community Inc
- Assets
- $1.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 105
- Location
- Carrboro, NC
- Founding
- 12/1975
- Data as of
- 06/2021
- EIN
- 51-0145188
Organization Overview
Caramore Community Inc is located in Carrboro, NC. The organization was established in 1975. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2021, Caramore Community Inc employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caramore Community 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 06/2021, Caramore Community Inc generated $2.8m 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 $2.5m during the year ending 06/2021. While expenses have increased by 6.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING STRUCTURED, SUPPORTED OPPORTUNITIES FOR HOPE AND RECOVERY TO ADULTS WITH MENTAL ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOCATIONAL AND RESIDENTIAL SUPPORT SERVICES FOR ADULTS WITH MENTAL ILLNESS.
VOCATIONAL AND RESIDENTIAL SUPPORT SERVICES FOR ADULTS WITH MENTAL ILLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Chapman President/ceo | OfficerTrustee | 40 | $113,900 |
Sara Harrington Secretary | OfficerTrustee | 1 | $0 |
Tyson Fearrington Chairperson Elect | OfficerTrustee | 1 | $0 |
Cathy Vonfange Treasurer | OfficerTrustee | 1 | $0 |
Chris Slacke Chairperson | OfficerTrustee | 1 | $0 |
Lini Pandite Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $112,000 |
| Government grants | $2,039,956 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,161,691 |
| Total Program Service Revenue | $686,279 |
| Investment income | $1,774 |
| 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 | $2,849,744 |
| 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. | $146,760 |
| Compensation of current officers, directors, key employees. | $16,171 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,136,567 |
| Pension plan accruals and contributions | $16,712 |
| Other employee benefits | $114,167 |
| Payroll taxes | $96,629 |
| 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 | $88,236 |
| Advertising and promotion | $0 |
| Office expenses | $49,661 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $561,479 |
| Travel | $11,742 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,285 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,093 |
| Insurance | $57,552 |
| All other expenses | $22,443 |
| Total functional expenses | $2,522,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $927,869 |
| Savings and temporary cash investments | $106,739 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $404,201 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,823 |
| Total assets | $1,469,632 |
| Accounts payable and accrued expenses | $5,682 |
| 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 | $329,629 |
| Other liabilities | $31,571 |
| Total liabilities | $366,882 |
| Net assets without donor restrictions | $1,102,750 |
| 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 | $1,469,632 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Caramore Community Inc has recieved totaling $105.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boulder Crest Foundation Bluemont, VA | $39,968,822 | $23,145,930 |
Central Fairfax Services Inc Springfield, VA | $6,565,063 | $13,281,706 |
Area Congregations Together In Service Richmond, VA | $1,536,280 | $15,128,315 |
Cedars Of Chapel Hill Club Inc Chapel Hill, NC | $6,435,897 | $14,257,296 |
Meritan Inc Memphis, TN | $4,688,088 | $16,356,031 |
Sober Living America Inc Woodstock, GA | $3,253,129 | $12,866,607 |
Hilltoppers Inc Crossville, TN | $11,714,552 | $11,864,400 |
Lakeway Center Of The Handicapped Inc Morristown, TN | $5,691,574 | $10,737,798 |
Project Community Connections Inc Snellville, GA | $7,907,860 | $10,954,285 |
Prs Inc Oakton, VA | $7,358,160 | $12,734,897 |
Tlc Operations Inc Raleigh, NC | $1,673,295 | $10,446,064 |
Catholic Charities Of The Diocese Of Memphis Inc Memphis, TN | $2,024,003 | $6,994,059 |