Rebuilding Together Of The Triangle
- Assets
- $1.4m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 20
- Location
- Raleigh, NC
- Founding
- 03/1996
- Data as of
- 12/2023
- EIN
- 56-1955629
Organization Overview
Rebuilding Together Of The Triangle is located in Raleigh, NC. The organization was established in 1996. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Rebuilding Together Of The Triangle employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rebuilding Together Of The Triangle 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 12/2023, Rebuilding Together Of The Triangle generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 23.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE HOME REPAIR SERVICES TO ENSURE VULNERABLE HOMEOWNERS - INCLUDING SENIORS, INDIVIDUALS WITH DISABILITIES, AND FAMILIES WITH CHILDREN - LIVE IN SAFE HEALTHY HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REBUILDING, REPAIRING AND REVITALIZING LOW-INCOME HOUSING FOR THE ELDERLY, DISABLED AND FAMILIES WITH CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Mcphatter President | OfficerTrustee | 2 | $0 |
Anne Stoddard Vice Chair | OfficerTrustee | 1 | $0 |
Matthew Duncan Secretary | OfficerTrustee | 1 | $0 |
Lauren Joyce Treasurer | OfficerTrustee | 1 | $0 |
Melanie Moreschi Director | Trustee | 1 | $0 |
Daniel Perry Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boer Brothers Heating & Cooling Hvac Services | 12/30/23 | $350,125 |
Blakeney Inc Llc General Contracting And Home Repair | 12/30/23 | $171,252 |
Bc Landscaping & Junk Removal General Services | 12/30/23 | $122,776 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $190,974 |
| Government grants | $2,267,827 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,045,769 |
| Noncash contributions included in lines 1a–1f | $52,994 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,504,570 |
| Total Program Service Revenue | $168,721 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $505 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,673,796 |
| 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. | $138,159 |
| Compensation of current officers, directors, key employees. | $20,724 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $703,973 |
| Pension plan accruals and contributions | $18,274 |
| Other employee benefits | $49,218 |
| Payroll taxes | $65,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,608 |
| Office expenses | $52,391 |
| Information technology | $10,572 |
| Royalties | $0 |
| Occupancy | $63,702 |
| Travel | $4,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,762 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,327 |
| Insurance | $49,906 |
| All other expenses | $11,837 |
| Total functional expenses | $3,356,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,355 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,035,201 |
| 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 | $108,840 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $211,829 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,541 |
| Total assets | $1,437,766 |
| Accounts payable and accrued expenses | $313,834 |
| 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 | $345,975 |
| Unsecured mortgages and notes payable | $95,738 |
| Other liabilities | $18,810 |
| Total liabilities | $774,357 |
| Net assets without donor restrictions | $663,409 |
| 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 | $1,437,766 |