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EIN 88-2751895

Lake Norman Community Development

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Cornelius
State
North Carolina
Year formed
2022
Most recent tax filings
2023-06-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
Lake Norman Community Development creates diverse affordable housing opportunities for moderate income households in the Cornelius/Lake Norman region with a mission to change lives and strengthen the community. They offer a senior rent relief program that provides 12 months of rental assistance to qualified applicants who are aged 55 and over and have a total income of 70% or less of the regional average median income.
Also known as...
Cornelius Community Development Corporation
Total revenues
$74,311
2023
Total expenses
$44,959
2023
Total assets
$76,666
2023
Num. employees
1
2023

Program areas at Lake Norman Community Development

Senior rent relief program - a limited fund begun in june 2023,the program provides 12 month rental assistance. Qualified applicants must be age 55 or over and have total income of 70% or less of regional ave median income.

Financials for Lake Norman Community Development

RevenuesFYE 06/2023
Total grants, contributions, etc.$74,311
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$74,311

Form 990s for Lake Norman Community Development

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-15990View PDF
Data update history
No data updates available
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
19837 S Main St
Cornelius, NC 28031
Metro area
Charlotte-Concord-Gastonia, NC-SC
Website URL
lakenormancdc.org/ 
Phone
(704) 896-2870
IRS details
EIN
88-2751895
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2022
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
Independent
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