Nonprofits›Institute Community Development Initiative Inc

Human Services

Institute Community Development Initiative Inc

DURHAM, NC

Website

Total revenue

$618K

Total expenses

$206K

Net assets

$413K

Grants received

—

EIN

923869485

Tax year

2024

Mission

Institute Community Development Initiative leads North Carolina's collaborative community economic development efforts, driving innovation, investment, and action to create prosperous, sustainable communities. The Initiative has been established as a trusted intermediary to strategically assemble and invest funds in community development organizations across the state.

Programs

2 programs

Guilford County Home Ownership ProjectCompleted a cohort of an emerging developer program, providing 9 sessions of relevant topics to more than 20 particpants. Held 9 Community of Practice meetings.

NC Digital Equity PlanAssisted an NC state agency in writing the NC Digital Equity Plan for submisison to the federal government.

Financials

FY 2024

Revenue

Contributions & grants$500K
Program service revenue$118K
Investment income—
Other revenue—
Total revenue$618K

Expenses

Grants paid—
Salaries & benefits$138K
Fundraising$6K
Other expenses$67K
Total expenses$206K
Total assets$618K
Net assets$413K

People

8 listed

NameRoleCompensation

Tyrone Baines

Secretary

Board

—

1 hrs/wk

Joel Dancy

Director

Board

—

1 hrs/wk

Suzanne Malone

Treasurer

Board

—

1 hrs/wk

J Carl Manning

Director

Board

—

1 hrs/wk

Lewis H Myers

Chairman

Board

—

1 hrs/wk

Kevin J Price

PRESIDENT/CEO

Board

—

0

Michael Suggs

Vice Chairman

Board

—

1 hrs/wk

Lea Henry

Director

Board

—

1 hrs/wk

Details

EIN923869485
NTEE codeP20
Subsection03
Ruling date2024-05
Formed2023
Employees0
Volunteers0
INSTITUTE COMMUNITY DEVELOPMENT INITIATIVE INC — Mission, Financials & Grants Received | Grantivo