Charlotte Center City Partners is located in Charlotte, NC. The organization was established in 1980. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Charlotte Center City Partners employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Center City Partners is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Charlotte Center City Partners generated $6.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $6.5m during the year ending 06/2021. While expenses have increased by 4.2% 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
CHARLOTTE CENTER CITY PARTNERS IS RESPONSIBLE FOR THE ECONOMIC DEVELOPMENT AND VITALITY OF THE URBAN CORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CCCP INCLUDES PLANNING AND DEVELOPMENT, ECONOMIC AND RETAIL RECRUITMENT/RETENTION, RESEARCH, MARKETING, COMMUNICATIONS, SOUTH END AND UPTOWN NEIGHBORHOOD CONSTITUENT SERVICES AND OPERATIONS UNDER THIS AREA. ECONOMIC DEVELOPMENT IS STRONG. OUR STATE OF THE CENTER CITY REPORT AND EVENT BRING ECONOMIC DEVELOPMENT PROFESSIONALS AND BROKERS THE INFORMATION THEY NEED TO MARKET THE URBAN CORE TO EMPLOYERS AND SITE SELECTORS. WE HAVE ROBUST RETAIL INITIATIVES IN UPTOWN AND SOUTH END. CCCP HAS COMPLETED THE N. TRYON VISION PLAN AND IS WORKING ON IMPLEMENTATION AND PROGRAMMING. OUR MARKETING AND COMMUNICATIONS TEAMS ARE FOCUSING ON OUR WEBSITES, ELECTRONIC NEWSLETTER AND PARTNER CAMPAIGNS AS OUR PRIMARY COMMUNICATIONS CHANNELS. OTHER ONGOING PROGRAMS INCLUDE MANAGEMENT OF THE TRYON STREET VENDOR PROGRAM AND PERMITTING OF SPECIAL EVENT AND BANNER PLACEMENT. CCCP ALSO HAS A MANAGEMENT AGREEMENT WITH THE 7TH STREET PUBLIC MARKET TO PROVIDE FUNCTIONAL SUPPORT AND STRATEGIC PLANNING REGARDING THE MARKET'S PROGRAMMING, TENANTING, FUNDRAISING, PR, MARKETING AND FINANCE. SOUTH END IS A COMPLETE NEIGHBORHOOD WITH GROWTH IN THE OFFICE AND HOTEL SECTORS TO COMPLIMENT THE ROBUST RESIDENTIAL OFFERINGS. ONE OF CCCP'S CORE MISSIONS IS TO WORK WITH UPTOWN AND SOUTH END NEIGHBORHOOD ASSOCIATIONS TO ENHANCE CONSTITUENT SERVICES FOR CENTER CITY RESIDENTS THROUGH COMMUNICATION AND ADVOCACY. CCCP HELPS CONNECT THESE ORGANIZATIONS WITH EACH OTHER BY WORKING WITH NEIGHBORHOODS ON INITIATIVES INCLUDING PARKS AND OPEN SPACE, EDUCATION, EVENTS, PUBLIC SAFETY, PARKING MANAGEMENT AND LIGHTING. ACCOMPLISHMENTS: ECONOMIC DEVELOPMENT, N. TRYON VISION PLAN IMPLEMENTATION, RAIL TRAIL FRAMEWORK PLAN IMPLEMENTATION, NEIGHBORHOOD SERVICES, MARKETING AND BRANDING EXECUTION.
DEVELOP AND PRODUCE QUALITY PROGRAMMING AND EVENTS THAT CREATE A VIBRANT URBAN CORE, WHILE ADDRESSING THE NEEDS OF STAKEHOLDERS. ALTHOUGH, COVID STOPPED MANY EVENTS DURING THIS PERIOD; DURING A TYPICAL YEAR PRODUCE THE NOVANT HEALTH THANKSGIVING DAY PARADE, CHARLOTTE SHOUT AND CLT NEW YEAR'S EVE. FOR OTHER PROGRAMMING, WE SHIFTED OUR FOCUS TO MORE FREQUENT STREET-LEVEL PROGRAMMING THAT ACTIVATES AND ANIMATES WHILE CONNECTING WITH THE STAKEHOLDERS OF UPTOWN AND SOUTH END. OUR PROGRAMMING FOCUSED AROUND MAJOR INITIATIVES SUCH AS RETAIL, N. TRYON STREET, SOUTH END, RAIL TRAIL AND UPTOWN NEIGHBORHOOD INITIATIVES AS WELL AS HOLIDAYS IN THE CITY AND THE CENTER CITY VISION AWARDS. CCCP WORKS WITH OTHER EVENT PRODUCERS TO BE SURE ALL EVENTS IN THE CENTER CITY ARE OF A HIGH CALIBER; THESE INCLUDE SPEED STREET, HOLA CHARLOTTE AND MECK DEC CELEBRATIONS. WE CONTINUE TO WORK ON OUR INITIATIVE, MUSIC EVERYWHERE, TO SEED LIVE MUSIC IN THE CENTER CITY WITH THE SUPPORT OF FUNDING PARTNERS AND MUSIC PRODUCERS. ACCOMPLISHMENTS: CONTINUED SUCCESS OF THE NOVANT HEALTH THANKSGIVING DAY PARADE, RETURN OF CHARLOTTE SHOUT, BUILDING OF MUSIC EVERYWHERE, SUCCESSFUL SHIFT FROM LARGE SCALE EVENTS TO STREET-SCALE PROGRAMMING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael J Smith President & CEO | Officer | 40 | $472,176 |
Robert Krumbine Sr VP Events & Cco | 40 | $165,998 | |
Cheryl Myers Sr VP Planning & Dev. | 40 | $162,833 | |
Moira Quinn Sr VP Comm. & COO | Officer | 40 | $161,498 |
Richard Thurmond Sr VP Nghbrhoods, Bus Dev. | 40 | $143,576 | |
Eleni Saunders CFO | 40 | $111,705 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Block By Block On-street Ambassadors | 6/29/21 | $623,666 |
Moore Iacofano Goltsman Inc Consulting - 2040 Vision Plan | 6/29/21 | $276,117 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $6,089,801 |
Investment income | $14,238 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $60,851 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,164,890 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $555,155 |
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. | $649,322 |
Compensation of current officers, directors, key employees. | $77,919 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,400,680 |
Pension plan accruals and contributions | $170,330 |
Other employee benefits | $398,129 |
Payroll taxes | $165,041 |
Fees for services: Management | $0 |
Fees for services: Legal | $20,011 |
Fees for services: Accounting | $18,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,113 |
Fees for services: Other | $63,686 |
Advertising and promotion | $0 |
Office expenses | $225,654 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $233,826 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $48,762 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $145,384 |
Insurance | $25,329 |
All other expenses | $87,108 |
Total functional expenses | $6,494,251 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,114,566 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $50,000 |
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 | $70,402 |
Net Land, buildings, and equipment | $954,532 |
Investments—publicly traded securities | $885,137 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,541 |
Total assets | $3,090,178 |
Accounts payable and accrued expenses | $868,353 |
Grants payable | $0 |
Deferred revenue | $42,176 |
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 | $284,588 |
Total liabilities | $1,195,117 |
Net assets without donor restrictions | $1,895,061 |
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 | $3,090,178 |
Over the last fiscal year, we have identified 2 grants that Charlotte Center City Partners has recieved totaling $21,500.
Awarding Organization | Amount |
---|---|
Allen Tate Foundation Charlotte, NC PURPOSE: UNRESTRICTED CASH | $11,500 |
Presbyterian Hospital Winston Salem, NC PURPOSE: COMMUNITY OUTREACH | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Carter Street Corporation Chattanooga, TN | $16,714,346 | $6,596,539 |
Charlotte Center City Partners Charlotte, NC | $3,090,178 | $6,164,890 |
Venture Richmond Inc Richmond, VA | $7,025,585 | $5,575,003 |
Catawba Regional Council Of Governments Rock Hill, SC | $18,118,741 | $10,188,786 |
Enterprise Center Inc Chattanooga, TN | $3,677,488 | $5,998,300 |
Common Ground Alliance Alexandria, VA | $4,149,136 | $2,873,132 |
Metanoia North Charleston, SC | $10,676,090 | $4,102,984 |
Forward Cities Inc Durham, NC | $1,196,373 | $2,460,187 |
Industrial Commons Morganton, NC | $6,060,975 | $4,558,553 |
Partners In Ministry Laurinburg, NC | $1,633,972 | $2,541,350 |
Small Business Assistance Corp Savannah, GA | $17,970,431 | $1,539,306 |
Binghampton Development Corporation Memphis, TN | $12,365,463 | $1,404,895 |