EIN 85-2431526

Haywood Street Community Development

Name: Haywood Street Community Development financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Funding|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Asheville

State

North Carolina

Year formed

2020

Most recent tax filings

2023-12-01

NTEE code, primary

L20: Housing Development, Construction, Management

Description

Haywood Street Community Development purchased two parcels of land and initiated infrastructure development to facilitate the construction of 40-45 deeply affordable apartment units designed with dignity and built for belonging. The project will be accompanied by ministries, and it was undertaken as part of the mission to create high-quality affordable housing.

Total revenues

$2,486,572

2023

Total expenses

$155,706

2023

Total assets

$6,437,086

2023

Num. employees

2023

Program areas at Haywood Street Community Development

HSCD completed the planned redesign after the purchase of an additional parcel of land adjacent to the parcels purchased in 2022. Efforts of infrastructure development and site work continue to support the mission of building deeply affordable housing with accompanying ministries. A management fee contract is in place between Haywood Street Congregation and Haywood Street Community Development to provide necessary functions such as fundraising, accounts receivable and payable.

Who funds Haywood Street Community Development

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Wanda and James M Moran JR Foundation	2023-12	Deeply Affordable Housing Project	$250,000
The Cannon Foundation	2023-09	West Haywood Street Apartments	$100,000
Community Foundation of Western North Carolina	2023-06	Building Community & Economic Vitality	$40,000
...and 1 more grant received

Financials for Haywood Street Community Development

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$2,453,941	$2,973,821	-17.5%
Program services	$0	$0	-
Investment income and dividends	$32,631	$0	999%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$4,500	-100%
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$2,486,572	$2,978,321	-16.5%

Form 990s for Haywood Street Community Development

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-08-12	990	View PDF
2022-12	2023-10-25	990	View PDF
2021-12	2022-08-09	990	View PDF
2020-12	2021-11-10	990EZ	View PDF

Organizations like Haywood Street Community Development

Organization	Type	Location	Revenue
Low Income Housing Development Corp of Terre Haute	501(c)(3)	Terre Haute, IN	$889,304
Hfho Real Estate Holdings	501(c)(3)	Omaha, NE	$2,920,161
Struggle for Miamis Affordable and Sustainable Housing Incorporated	501(c)(3)	Miami, FL	$730,444
Moorestown Ecumenical Neighborhood Development (MEND)	501(c)(3)	Moorestown, NJ	$2,875,789
Urban Neighborhood Initiative	501(c)(3)	Kansas City, MO	$1,488,749
Newvue Communities	501(c)(3)	Fitchburg, MA	$4,128,833
New Hope CDC	501(c)(3)	Woodland, CA	$665,504
Monterey County Housing Authority Development Corporation	501(c)(3)	Salinas, CA	$4,027,332
Faith Community Development Corporation	501(c)(3)	Lafayette, IN	$862,484
Hawaii Island Community Development Corporation	501(c)(3)	Hilo, HI	$2,216,497

Data update history

October 24, 2024

Received grants

Identified 1 new grant, including a grant for $250,000 from Wanda and James M Moran JR Foundation

September 24, 2024

Posted financials

Added Form 990 for fiscal year 2023

May 19, 2024

Received grants

Identified 3 new grant, including a grant for $100,000 from The Cannon Foundation

March 5, 2024

Updated personnel

Identified 8 new personnel

December 25, 2023

Received grants

Identified 1 new grant, including a grant for $250,000 from Wanda and James M Moran JR Foundation

Nonprofit Types

Housing and shelter organizationsHeadquarter / parent organizationsCharities

Issues

Human servicesCommunity improvementHousing

Characteristics

Partially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 297 Haywood St; Asheville, NC 28801
Metro area: Asheville, NC
County: Buncombe County, NC
Website URL: haywoodstreethousing.org/
Phone: (828) 575-2477

IRS details

EIN: 85-2431526
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2020
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L20: Housing Development, Construction, Management
NAICS code, primary: 62422: Community Housing Services
Parent/child status: Central organization

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Haywood Street Community Development

Program areas at Haywood Street Community Development

Who funds Haywood Street Community Development

Financials for Haywood Street Community Development

Form 990s for Haywood Street Community Development

Organizations like Haywood Street Community Development

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