EIN 58-1627430

Salisbury Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
1985
Most recent tax filings
2023-06-01
Description
Salisbury Community Development Corporation enhances housing quality, assists homeowners with repairs and down-payment aid, and promotes sustainable community development in Salisbury and Rowan County.
Total revenues
$671,444
2023
Total expenses
$619,823
2023
Total assets
$2,782,598
2023
Num. employees
6
2023

Program areas at Salisbury Community Development Corporation

Purchase various properties to build houses for first time buyers and provide housing for low income income indivuals.
Council home owners in adverse financial circumstances in changing their lifestyle and other activities to prevent forclosure of their home.
To assist needy rowan county residents in making urgent repairs and renvovation to their homes.
Passthrough grants from duke energy for building facade improvements in the town of spencer nc

Who funds Salisbury Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$75,000

Personnel at Salisbury Community Development Corporation

NameTitleCompensation
Chanaka V. YatawaraExecutive Director
David McCoyPresident$0
Mae CarrollBoard Member$0
J Steven FisherTreasurer$0

Financials for Salisbury Community Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$617,722
Program services$53,335
Investment income and dividends$387
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$671,444

Form 990s for Salisbury Community Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-27990View PDF
2022-062023-05-15990View PDF
2021-062022-03-02990View PDF
2021-062022-02-18990View PDF
2020-062021-03-01990View PDF
...and 10 more Form 990s
Data update history
October 4, 2024
Updated personnel
Identified 6 new personnel
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $170,000 from Foundation for the Carolinas
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 15, 2023
Received grants
Identified 1 new grant, including a grant for $2,500 from Ketner Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHousing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
PO Box 4408
Salisbury, NC 28145
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Rowan County, NC
Website URL
salisburycdc.org/ 
Phone
(704) 638-4474
IRS details
EIN
58-1627430
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1985
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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