Center For Community Self-Help
- Assets
- $51.0m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 03/1981
- Data as of
- 12/2021
- EIN
- 56-1271685
Organization Overview
Center For Community Self-Help is located in Durham, NC. The organization was established in 1981. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Community Self-Help 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 12/2021, Center For Community Self-Help generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 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.
Since 2015, Center For Community Self-Help has awarded 43 individual grants totaling $12,453,511. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTERS MISSION IS TO CREATE AND PROTECT OWNERSHIP FOR ALL, ESPECIALLY PEOPLE OF COLOR, WOMEN, RURAL RESIDENTS AND LOW WEALTH FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENT REAL ESTATE PROJECTS: PRIMARILY THROUGH ITS SUPPORTING ORGANIZATIONS, SELF-HELP VENTURES FUND AND SELF-HELP COMMUNITY DEVELOPMENT CORP., THE CENTER ENGAGES IN ECONOMIC DEVELOPMENT THROUGH THE RENOVATION OF HISTORIC BUILDINGS, CONSTRUCTION OF NEW BUILDINGS IN DISTRESSED COMMUNITIES; AS WELL AS PROVIDES QUALITY AFFORDABLE RETAIL SPACES, COMMUNITY FACILITIES, AND COMMERCIAL RENTAL SPACES TO REVITALIZE AND STABILIZE DISTRESSED COMMUNITIES. APPROXIMATELY 4,169 BENEFICIARIES.
COMMUNITY DEVELOPMENT SECONDARY MARKET PROGRAMS: FACILITATION OF A SECONDARY MARKET OPERATED BY SELF-HELP VENTURES FUND FOR HOME MORTGAGES OF LOW-INCOME BUYERS IN DISTRESSED COMMUNITIES TO MAKE HOMEOWNERSHIP MORE WIDELY AVAILABLE TO THESE FAMILIES. APPROXIMATELY 23,403 BENEFICIARIES.
COMMUNITY DEVELOPMENT LENDING: PRIMARILY THROUGH SELF-HELP VENTURES FUND, ORIGINATED AND PURCHASED LOANS PRIMARILY TO LOW INCOME, RURAL, AND MINORITY COMMUNITIES ENABLING HOME OWNERSHIP AND FOSTERING SMALL BUSINESS DEVELOPMENT. CREATED OR MAINTAINED JOBS, CHILDCARE FACILITIES, AND SCHOOLS. APPROXIMATELY 50,969 BENEFICIARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Eakes Ceodirector | OfficerTrustee | 1 | $0 |
Marcus Bowen Treasurer | Officer | 1 | $0 |
Dave Shumannfang Secretary | Officer | 1 | $0 |
Crystal German President | Officer | 1 | $0 |
David Stein Director | Trustee | 0.5 | $0 |
Joseph A Smith Jr Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,075 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $420,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,678,737 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,119,812 |
| Total Program Service Revenue | $120,647 |
| Investment income | $3,384 |
| 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 | $5,300,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,691,475 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $18,400 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $249,051 |
| Advertising and promotion | $0 |
| Office expenses | $2,783 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,089 |
| Travel | $4,061 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,737 |
| Insurance | $550 |
| All other expenses | $10,420 |
| Total functional expenses | $2,517,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,699 |
| Savings and temporary cash investments | $4,617,267 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,637,202 |
| 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 | $35,000 |
| Net Land, buildings, and equipment | $8,005 |
| Investments—publicly traded securities | $2,902 |
| Investments—other securities | $0 |
| Investments—program-related | $44,411,424 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,951,499 |
| Accounts payable and accrued expenses | $2,475,211 |
| Grants payable | $37,500 |
| 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 | $4,741,005 |
| Other liabilities | $0 |
| Total liabilities | $7,253,716 |
| Net assets without donor restrictions | $9,935,894 |
| Net assets with donor restrictions | $33,761,889 |
| 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 | $50,951,499 |
Grants Awarded
Over the last fiscal year, Center For Community Self-Help has awarded $1,670,125 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Durham, NC PURPOSE: Charitable Lending | $695,000 |
Durham, NC PURPOSE: Affordable Housing | $462,500 |
SELF-HELP FEDERAL CU PURPOSE: Charitable Lending | $165,000 |
Durham, NC PURPOSE: Charitable Lending | $140,625 |
Milwaukee, WI PURPOSE: Charitable Lending | $100,000 |
Milwaukee, WI PURPOSE: Charitable Lending | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Center For Community Self-Help has recieved totaling $1,459,125.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION | $483,500 |
Impactassets Inc Bethesda, MD PURPOSE: TO SUPPORT LENDING TO FOOD SYSTEM ENTREPRENEURS IN THE CHICAGO REGION, WITH AN EMPHASIS TO REACH BIPOC FOOD ENTREPRENEURS. IN PARTICULAR, TO SUPPORT THE OPERATIONS AND DEPLOYMENT OF A SEPARATE RECOVERABLE GRANT. | $250,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 79076 GENERAL OPERATING SUPPORT FOR THE CENTER FOR | $250,000 |
Anonymous Trust Raleigh, NC PURPOSE: GRANT FOR NEIGHBORHOOD REVITALIZATION IN ROCKY MOUNT | $200,000 |
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: KEYS TO EQUITY OAKLAND ADU PILOT | $130,625 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Opportunities Industrialization Center Inc Rocky Mount, NC | $10,127,019 | $21,768,634 |
Skills Usa Inc Leesburg, VA | $8,575,895 | $14,271,991 |
Southeast Community Capital Corporation Nashville, TN | $264,396,878 | $22,555,455 |
Northern Middle Tennessee Local Workforce Development Board Inc Clarksville, TN | $2,905,431 | $10,764,896 |
Workforce Essentials Inc Clarksville, TN | $30,139,027 | $9,106,360 |
Jobs For Americas Graduates Inc Alexandria, VA | $6,705,273 | $5,268,108 |
Hopeworks Inc Memphis, TN | $4,848,945 | $4,530,631 |
Employees Of Home Federal Bank Of Tennessee F S B Trust Knoxville, TN | $1,040,869 | $3,607,564 |
Women Giving Back Inc Sterling, VA | $2,386,009 | $4,473,186 |
Upper Cumberland Local Workforce Development Board Inc Cookeville, TN | $601,122 | $3,404,539 |
Employment Resources Inc Fredericksburg, VA | $8,098,852 | $3,260,253 |
Virginia Ready Initiative Alexandria, VA | $7,826,033 | $1,469,381 |