Haywood Street Community Development
- Assets
- $325.0k
- Revenue
- $201.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- Data as of
- 12/2021
- EIN
- 85-2431526
Organization Overview
Haywood Street Community Development is located in Asheville, NC. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Haywood Street Community Development 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, Haywood Street Community Development generated $201.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $77.5k during the year ending 12/2021. 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
TO BUILD HIGH QUALITY AFFORDABLE HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BUILD HIGH QUALITY, DEEPLY AFFORDABLE HOUSING WITH ACCOMPAYING MINISTRIES. HSCD IS ORGANIZED TO FURTHER THE MISSION OF HAYWOOD STREET CONGREGATION, A CONTROLLING RELATED ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Ellison Interim Vice | OfficerTrustee | 2 | $0 |
Sala Merritt Secretary | OfficerTrustee | 1 | $0 |
Mckenzie Dillingham Interim Chai | OfficerTrustee | 2 | $0 |
Dale Freudenberger Treasurer | OfficerTrustee | 1 | $0 |
Tiffany K Boykin Board Member | Trustee | 1 | $0 |
Thomas P Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,461 |
| All other contributions, gifts, grants, and similar amounts not included above | $162,861 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $219,322 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,600 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,782 |
| 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. | $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 | $54,854 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $162 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,584 |
| 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 | $0 |
| Insurance | $840 |
| All other expenses | $62 |
| Total functional expenses | $77,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,723 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $35,649 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,198 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $36,411 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,000 |
| Total assets | $324,981 |
| Accounts payable and accrued expenses | $15,836 |
| 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 | $0 |
| Total liabilities | $15,836 |
| Net assets without donor restrictions | -$25,856 |
| Net assets with donor restrictions | $335,001 |
| 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 | $324,981 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Haywood Street Community Development has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $65,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |
Wesley Housing Development Corporation Of Northern Virginia Alexandria, VA | $44,230,535 | $12,100,793 |
Enable Of Georgia Inc Atlanta, GA | $1,473,747 | $7,388,233 |
Habitat For Humanity International Inc Richmond, VA | $16,536,878 | $11,681,455 |
Habitat For Humanity International Inc Wilmington, NC | $16,885,274 | $7,269,123 |
Atlanta Neighborhood Development Partnership Inc Atlanta, GA | $68,577,234 | $9,513,870 |
Housing Economic Reinvestment Opportunities Inc Macon, GA | $21,751,441 | $5,680,420 |