EIN 58-1871946

North Carolina Association of CED

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
1989
Most recent tax filings
2023-12-01
Description
Enhancing NC Community Develepment Corporations Strengthen NC economy and create a better tomorrow for all North Carolinian's by enhancing Community Develepment Corporations (CDC) in their role of creating prosperous communities for the long term.
Related structure
North Carolina Association of CED is a subordinate organization under Rocky Mountedgecombe Community Development Corporation.
Also known as...
North Carolina Association of Community Development Corporations; North Carolina Association of Community Economic Development
Total revenues
$432,628
2023
Total expenses
$344,336
2023
Total assets
$567,421
2023
Num. employees
2
2023

Program areas at North Carolina Association of CED

Since its inception, NCACED has been working to strengthen communities and increase economic opportunities. In a historically distressed community experiencing significant economic recovery and transformation, NCACED is focused on a comprehensive strategy that encompasses place-based improvements to racially segregated disinvested neighborhoods and approaches to improve health outcomes for those who experience the greatest health disparities. As the region works to generate positive economic impact, NCACED has structured a community-driven model capable of replication elsewhere to guide one citys transformation in equitable development directions. NCACED supports the notion that those most impacted by the problems confronting our communities must be at the center of change efforts. NCACEDs model provides resident-level education and leadership development services, with the goal of expanding individual capacities and enhancing community
Coronavirus Recovery: Funding under the American Rescue Plan Act (ARPA) made available to state and local governments provided these entities with the resources needed to respond to the pandemic and its economic effects and to build a stronger, more equitable economy during the recovery. NCACED is aware that the virus resulted in systemic public health and economic challenges that may have contributed to more severe impacts of the pandemic among low-income communities and people of color. Therefore, NCACED has been working with local stakeholders who directly experienced these inequities to ensure that their community-driven priorities are represented in local ARPA-planning and strategy development efforts and to promote an approach to funding allocation that identifies and addresses the systemic factors that create barriers to health and health equity.
Advocacy/Public Policy: Guided by proactive and engaged low-income residents, NCACED is pursuing equitable development strategies through land use management and other policy changes that will increase and protect price-appropriate housing for struggling working families, create safer, more appealing streets and downtowns, enlarge access to healthy foods, enhance public health and environmental stewardship, and improve jobs and transportation services. NNCACED seeks to promote and expand resident participation in meaningful, powerful and representative civic engagement activities. As a result of NCACEDs programmatic efforts, increased low-income resident involvement in key community change activities has been achieved. By recognizing the value added low-wealth residents brought to the table with their informed comments about their neighborhoods, city officials and neighborhood residents began working together in an effective partnership to reach a shared goal.

Grants made by North Carolina Association of CED

GranteeGrant descriptionAmount
A Better Chance A Better CommunityAssist Community Priority Recovery Fund$50,000
Opportunities Industrialization CenterAssist Community Priority Recovery Fund$20,000

Who funds North Carolina Association of CED

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NEO Philanthropy Action FundProgram Grant$150,000
Amalgamated Charitable FoundationGeneral Operating Support$30,000
Blueprint North CarolinaEastern NC$21,000
...and 3 more grants received

Personnel at North Carolina Association of CED

NameTitleCompensation
Kelly RowellBoard Member
Brennan BarberHead of Business Development
Mary RibandoFinance Manager
Susan Perry-ColePresident$60,200
Lenwood LongTreasurer$0
...and 2 more key personnel

Financials for North Carolina Association of CED

RevenuesFYE 12/2023
Total grants, contributions, etc.$432,628
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$432,628

Form 990s for North Carolina Association of CED

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-18990View PDF
2022-122023-02-23990View PDF
2021-122022-04-01990View PDF
2020-122021-05-28990View PDF
2019-122020-10-15990View PDF
...and 11 more Form 990s
Data update history
May 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 30, 2023
Received grants
Identified 6 new grant, including a grant for $150,000 from NEO Philanthropy Action Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 12, 2023
Updated personnel
Identified 36 new personnel
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Trade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
LobbyingState / local levelTax deductible donations
General information
Address
148 S Washington St Ste 105
Rocky Mount, NC 27801
Metro area
Rocky Mount, NC
County
Edgecombe County, NC
Website URL
ncacdc.org/ 
Phone
(919) 831-9710
IRS details
EIN
58-1871946
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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