Cabarrus Cooperative Christian Ministry Inc is located in Concord, NC. The organization was established in 1982. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Cabarrus Cooperative Christian Ministry Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cabarrus Cooperative Christian Ministry 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 06/2022, Cabarrus Cooperative Christian Ministry Inc generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $6.8m during the year ending 06/2022. While expenses have increased by 12.9% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RESPOND TO THE GROWING NEED IN OUR COMMUNITY BY PROVIDING IMMEDIATE ASSISTANCE TO RESIDENTS OF CONCORD, KANNAPOLIS, AND CABARRUS COUNTY, NC WHO ARE EXPERIENCING CRISIS IN THE AREAS OF FOOD, SHELTER OR FINANCES WHILE PROVIDING THEM ACCESS TO RESOURCES THAT WILL EMPOWER THEM TO MOVE BEYOND CRISIS.
Describe the Organization's Program Activity:
FINANCIAL ASSISTANCE; THE CYCLE OF LOSS BEGINS WITH LOSS OF CHOICES; WHICH, TO THE ONE IN CRISIS, FEELS LIKE LOSS OF CONTROL. IT SPIRALS QUICKLY TO LOSS OF FOOD SECURITY, AND THEN LOSS OF STABILITY WITH MONTHLY BILLS, AS THE CYCLE ACCELERATES TOWARDS LOSS OF UTILITIES AND LOSS OF HOUSING. CCMS FINANCIAL ASSISTANCE PROGRAM IS DESIGNED TO INTERVENE IN THE CYCLE OF LOSS BEFORE IT GAINS MOMENTUM. INITIAL CONTACT THROUGH OUR ONLINE INQUIRY MODULE AND/OR VISITS TO OUR FOOD PANTRIES PROVIDES OPPORTUNITY TO ADDRESS UTILITY CUT-OFF WARNINGS OR EVICTION NOTICES BEFORE THAT CYCLE AMPLIFIES. LAST YEAR, 1,222 HOUSEHOLDS (3,421 INDIVIDUALS) AVOIDED UTILITY CUT-OFFS, EVICTIONS, AND THE INABILITY TO MAINTAIN PRESCRIPTION MEDICATIONS THROUGH CCMS FINANCIAL ASSISTANCE PROGRAM. CCMS COMPREHENSIVE APPROACH RECOGNIZES BARRIERS TO ACCESS IN AT LEAST SEVEN SECTORS OF OUR LOCAL ECONOMY AND COMMUNITY LIFE. OUR COLLABORATIVE SERVICES MODEL LEVERAGES THE STRENGTHS OF OUR LOCAL SERVICES NETWORK TO REMOVE BARRIERS AND PROVIDE ACCESS TO VITAL RESOURCES IN THE COMMUNITY.
FOOD ASSISTANCE: CCM RECOGNIZES THAT CHILDREN THAT BENEFIT FROM GOOD NUTRITION MORE OFTEN EXPERIENCE HEALTHY COGNITIVE DEVELOPMENT LEADING TO IMPROVED HOUSEHOLD STABILITY. ALTERNATIVELY, FOOD INSECURITY CREATES STRESS IN THE HOME THAT DISTRACTS FAMILIES FROM ACTIVITIES THAT WOULD OTHERWISE IMPROVE HEALTH AND EVERYDAY STABILITY. CCMS NETWORK OF FOOD PANTRIES PROVIDES ACCESS TO NUTRITIOUS FOOD WITHIN 15 MINUTES OF ALL CABARRUS COUNTY RESIDENTS. THIS NETWORK, COMBINED WITH A SERIES OF MOBILE FOOD PANTRIES, DISTRIBUTED GROCERIES TO 53,368 PEOPLE THIS YEAR (INCLUDING 17,022 CHILDREN), TOTALING 1,104,331 POUNDS OF FOOD. OUR EVENING MEAL PROGRAM ALSO SERVED NEARLY 11,026 PREPARED MEALS TO MEN, WOMEN, AND CHILDREN IN NEED OF FOOD AND FINANCIAL RELIEF.
HOUSING PROGRAMS: FAMILIES THAT ARE DEPRIVED OF SAFE AND AFFORDABLE HOUSING CANNOT ADEQUATELY STORE AND PREPARE FOOD, THEY CANNOT SUSTAIN PROPER HYGIENE OR ACHIEVE ADEQUATE SLEEP, THEY CANNOT MAKE ROUTINE MEDICAL APPOINTMENTS OR EVEN MAINTAIN A REGIMEN OF PROPER MEDICATIONS. THEY CANNOT SUPPORT THE TASKS NECESSARY TO ENCOURAGE SUCCESS IN SCHOOL OR PERFORMANCE IN THE WORKPLACE, AND THEY CANNOT ESTABLISH THE STABILITY TO PARTICIPATE IN AFTER-SCHOOL ACTIVITIES OR COMMUNITY LIFE. THE LARGEST POPULATION OF GROWTH AMONG THE HOMELESS IN CABARRUS COUNTY IS HOMELESS FAMILIES WITH CHILDREN. CCMS HOUSING PROGRAMS SERVED 42 FAMILIES THIS YEAR (INCLUDING 54 CHILDREN), PROVIDING SAFE HOUSING, NUTRITIOUS MEALS, TUTORING FOR STUDENTS, EDUCATIONAL AND TRAINING OPPORTUNITIES FOR PARENTS, AND CASE MANAGEMENT RESOURCES TO RESIDENT FAMILIES. 88% OF THESE FAMILIES PROGRESSED WITHIN OUR MODEL OR MOVED TO OTHER SAFE/STABLE HOUSING, AND 84% OF THE FAMILIES IMPROVED THEIR HOUSEHOLD FINANCIAL STATUS. CCMS MISSION REMAINS TO MEET INDIVIDUALS AND FAMILIES WHERE THEY ARE TO ADDRESS THEIR IMMEDIATE CRISIS NEEDS, AND THEN ENGAGE WITH THEM TO PROVIDE GUIDANCE, ACCESS TO RESOURCES, AND OPPORTUNITIES TO REGAIN STABILITY IN THEIR LIVES. THE MINISTRYS NEWLY ESTABLISHED EDUCATION & SUPPORT SERVICES DIVISION OFFERS ARE INTEGRATED SERVICES APPROACH IN PROVIDING ACCESS AND DELIVERING EDUCATION THAT HELPS TO CREATE A PATH TO THAT STABILITY BY TEACHING PERSEVERANCE AND RESTORING HOPE AMONG STRUGGLING FAMILIES IN OUR COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ed Hosack Executive Dir. | Officer | 40 | $87,132 |
Justin Thibault Secretary | OfficerTrustee | 2 | $0 |
Edison Mccrea Vice President | OfficerTrustee | 2 | $0 |
Mark Novasad Treasurer | OfficerTrustee | 2 | $0 |
Marcella Beam President | OfficerTrustee | 2 | $0 |
Don Foskey Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $455,078 |
Related organizations | $0 |
Government grants | $3,381,296 |
All other contributions, gifts, grants, and similar amounts not included above | $3,752,622 |
Noncash contributions included in lines 1a–1f | $2,679,750 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,588,996 |
Total Program Service Revenue | $0 |
Investment income | $6 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$30,740 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,565,999 |
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. | $98,893 |
Compensation of current officers, directors, key employees. | $31,646 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,167,662 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $92,466 |
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 | $6,580 |
Fees for services: Other | $28,558 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $38,533 |
Insurance | $37,214 |
All other expenses | $110,121 |
Total functional expenses | $6,835,029 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,210,854 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $607,255 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $99,129 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,174,307 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $740,488 |
Total assets | $3,832,033 |
Accounts payable and accrued expenses | $55,794 |
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 | $0 |
Other liabilities | $21,527 |
Total liabilities | $77,321 |
Net assets without donor restrictions | $2,509,384 |
Net assets with donor restrictions | $1,245,328 |
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 | $3,832,033 |
Over the last fiscal year, we have identified 1 grants that Cabarrus Cooperative Christian Ministry Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Louis M Helms Jr & Anita B Helms Charitable Foundation Mt Pleasant, NC PURPOSE: PROGRAM SUPPORT | $20,000 |
Beg. Balance | $807,963 |
Earnings | -$117,088 |
Admin Expense | $6,580 |
Net Contributions | $81,550 |
Other Expense | $31,555 |
Ending Balance | $734,290 |
Organization Name | Assets | Revenue |
---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
South Carolina Christian Foundation Spartanburg, SC | $40,412,678 | $17,223,785 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |