Center For Community Self-Help
- Assets
- $52.6m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 03/1981
- Data as of
- 12/2022
- 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 12/2022, Center For Community Self-Help generated $7.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $7.3m during the year ending 12/2022. While expenses have increased by 17.1% per year over the past 8 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 51 individual grants totaling $18,838,553. 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
2022
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 4,662 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 20,757 BENEFICIARIES.
EDUCATIONAL AND TECHNICAL ASSISTANCE: TOGETHER WITH SUPPORTING ORGANIZATIONS SELF-HELP VENTURES FUND AND SELF-HELP COMMUNITY DEVELOPMENT CORPORATION, CONDUCTED GENERAL PROGRAMS, EDUCATIONAL AND JOB-SAVING ACTIVITIES, AND DEVELOPMENT OF SUPPORT GROUPS AND COMMUNITY-BASED ORGANIZATIONS THAT HELP LOW-INCOME PEOPLE. APPROXIMATELY 15,220 BENEFICIARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcus Bowen Treasurer | Officer | 1 | $0 |
Martin Eakes Ceodirector | OfficerTrustee | 1 | $0 |
Dave Shumannfang Secretary | Officer | 1 | $0 |
Lily Steponaitis Director | Trustee | 1 | $0 |
Crystal German President | Officer | 1 | $0 |
David Stein Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,960 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $362,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,169,607 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,557,067 |
| Total Program Service Revenue | $328,596 |
| Investment income | $65,838 |
| 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 | $6,987,039 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,440,702 |
| 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 | $17,900 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $278,609 |
| Advertising and promotion | $0 |
| Office expenses | $2,333 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,294 |
| Travel | $9,347 |
| 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 | $4,366 |
| Insurance | $550 |
| All other expenses | $11,000 |
| Total functional expenses | $7,267,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,770 |
| Savings and temporary cash investments | $5,056,393 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $976,249 |
| 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 | $30,000 |
| Net Land, buildings, and equipment | $3,639 |
| Investments—publicly traded securities | $1,251 |
| Investments—other securities | $0 |
| Investments—program-related | $46,171,400 |
| Intangible assets | $0 |
| Other assets | $88,231 |
| Total assets | $52,606,933 |
| Accounts payable and accrued expenses | $3,095,945 |
| Grants payable | $953,555 |
| Deferred revenue | $300,500 |
| 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 | $4,750,529 |
| Other liabilities | $89,150 |
| Total liabilities | $9,189,679 |
| Net assets without donor restrictions | $8,665,472 |
| Net assets with donor restrictions | $34,751,782 |
| 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 | $52,606,933 |
Grants Awarded
Over the last fiscal year, Center For Community Self-Help has awarded $6,385,042 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SELF-HELP VENTURES FUND PURPOSE: Charitable Lending | $5,259,171 |
SELF-HELP FEDERAL CU PURPOSE: Charitable Lending | $430,500 |
SELF-HELP COMMDEVELOPCORP PURPOSE: Affordable Housing | $212,500 |
SELF-HELP CREDIT UNION PURPOSE: Charitable Lending | $324,935 |
WISCONSIN WOMENS BUSINITATIVE CORP PURPOSE: Charitable Lending | $50,000 |
NORTHWEST SIDE CDC PURPOSE: Charitable Lending | $50,000 |