EIN 20-0310400

Metanoia

IRS 501(c) type
501(c)(3)
Num. employees
29
Year formed
2003
Most recent tax filings
2023-06-01
Description
Metanoia Community Development Corporation invests in neighborhood assets, builds leaders, establishes quality housing and generates economic development. They offer year-round leadership development for students in the most distressed neighborhoods in North Charleston through Metanoia Youth Leadership Academy. They seek economic revitalization that benefits current residents by offering training to minority contractors and starting student-run small businesses.
Total revenues
$10,724,520
2023
Total expenses
$3,259,971
2023
Total assets
$24,329,959
2023
Num. employees
29
2023

Program areas at Metanoia

Housing development:metanoia is a non-profit housing developer within a city with some of the fastest rising housing costs and highest eviction rates in the nation. As a certified community housing development organization (chdo), we offer repairs to homeowners on a low fixed income. We also acquire and renovate vacant properties and build new homes for both affordable homeownership and rental opportunities. Metanoia is also land banking property for future affordable housing in a community that is threatened by gentrification. Metanoia is also working with local policy makers to ensure the creation of additional affordable housing in our region.
Economic development:metanoia seeks economic revitalization of the communities we serve that is beneficial to the current residents within those communities. We have done this through offering training to minority contractors, starting student run small businesses, providing a local manufacturer a low interest loan for expansion to create additional jobs and working on the revitalization of a downtown commercial strip through the neighborhood. We have provided below market space to several black entrepreneurs to help support their business growth along this corridor. Metanoia is also working on the adaptive reuse of the former chicora elementary school a 57,000 sq/ft facility that will house community opportunities in arts and education. Metanoia is also working with local municipal leaders to support small business infrastructure within the communities we serve.
Leadership development (myla - Metanoia youth leadership academy):the Metanoia youth leadership academy offers year-round leadership development for students in the most disinvested neighborhoods in north charleston. We offer after school programming for 35 students during the school year and 75 students during the summer months. We serve students from 1st to 12th grades and offer internships for college graduates that have been students in our programs. Metanoia students outperform their peers on standardized testing and attend college at a much higher rate than their peer groups. As a part of this effort, Metanoia also operates a youth entrepreneurship center that trains middle and high school students in entrepreneurship and small business skills. Students also have the opportunity to learn financial literacy and open college savings accounts to which Metanoia awards matching dollars for each dollar of their own earnings that they are able to save. During the summers Metanoia operates a children's defense fund freedom school where 94% of scholars either gain (82.3%) or maintain (11.6%) their reading levels during the critical summer months.
Call to action: Metanoia works with the citizens of the community to mobilize community voice around issues that they identify as important. The organization has worked to organize the community to get a new elementary school built, change neighborhood zoning laws, and achieve mitigation funding from a rail facility being built adjacent to the community. Metanoia also hosts volunteers that work in partnership with community residents on projects and programs that benefit the community. Any organizing of the community around issues of importance is non-partisan and issue oriented.

Grants made by Metanoia

GranteeGrant descriptionAmount
Community First Land TrustGrant for the Construction of Affordable Homes.$37,100
Community First Land TrustGrant To Aid in Wetland Delineation Process.$37,100

Who funds Metanoia

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Encouragement Foundation TrustUnrestricted Gift To 501(c)(3) Organization$115,000
The Mark and Becky Joye FoundationGeneral & Unrestricted$100,000
Coastal Community FoundationNeighborhood & Community Dev. Grant$80,500
...and 11 more grants received

Personnel at Metanoia

NameTitleCompensation
Bill StanfieldChief Executive Officer$106,505
Jamilla HarperChief Operating Officer$90,049
Bryan AdamsDirector of Development
Jeff StantonEngineer Director$0
Lindsey Elmore, MAInterim Director of Youth Programs
...and 11 more key personnel

Financials for Metanoia

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,744,025
Program services$713,142
Investment income and dividends$58,776
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,000,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$208,577
Total revenues$10,724,520

Form 990s for Metanoia

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-27990View PDF
2022-062023-05-02990View PDF
2021-062022-02-08990View PDF
2020-062021-06-01990View PDF
2019-062020-08-27990View PDF
...and 10 more Form 990s
Data update history
May 19, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from HENRY AND SYLVIA Yaschik Foundation
April 19, 2024
Used new vendors
Identified 1 new vendor, including
January 3, 2024
Received grants
Identified 4 new grant, including a grant for $100,000 from The Mark and Becky Joye Foundation
November 17, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Community improvementEconomic development
Characteristics
Political advocacyState / local levelReceives government fundingTax deductible donations
General information
Address
2005 Reynolds Ave
North Charleston, SC 29405
Metro area
Charleston-North Charleston, SC
County
Charleston County, SC
Website URL
metanoiasc.org/ 
Phone
(843) 529-3014
IRS details
EIN
20-0310400
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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