NonprofitsBelmont Community Development Corp

Community Improvement

Belmont Community Development Corp

CHARLOTTE, NC

Total revenue

$38K

Total expenses

$183K

Net assets

$82K

Grants received

EIN

561708764

Tax year

2022

Mission

The mission of Belmont CDC is to preserve the historic integrity of the Belmont neighborhood of Charlotte, North Carolina and surrounding areas, utilizing traditional and non-traditional methods of community economic development. The goal of Belmont CDC is to provide affordable housing, educational, and living wage employment opportunities; business and entrepreneurship development, elderly housing, services for low-to-moderate-income residents, and ensure full access to and participation in the economic revitalization of the community.

Financials

FY 2022

Revenue

Contributions & grants$41K
Program service revenue
Investment income
Other revenue$30
Total revenue$38K

Expenses

Grants paid
Salaries & benefits$136K
Fundraising$16K
Other expenses$46K
Total expenses$183K
Total assets$152K
Net assets$82K

People

6 listed

NameRoleCompensation

Reginald Jones

Executive Dir.

Board

$83K

40 hrs/wk

Sedrick McCallum

Chairman

Board

3 hrs/wk

Mark Lynch

Director

Board

1 hrs/wk

John Wallace

Director

Board

1 hrs/wk

Michael Hall

Treasurer

Board

1.5 hrs/wk

Wally Burgess

Secretary

Board

1 hrs/wk

Details

EIN561708764
NTEE codeS32Z
Subsection03
Ruling date1991-09
Formed1990
Employees2
Volunteers5
BELMONT COMMUNITY DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo