NonprofitsLake Norman Community Development

Community Improvement & Capacity Building

Lake Norman Community Development

CORNELIUS, NC

Total revenue

$499K

Total expenses

$114K

Net assets

$414K

Grants received

$30K

2 grants

EIN

882751895

Tax year

2023

Mission

A non-profit focused on changing people's lives through advancing attainable affordable housing in the lake norman region.

Financials

FY 2023

Revenue

Contributions & grants$499K
Program service revenue
Investment income
Other revenue
Total revenue$499K

Expenses

Grants paid
Salaries & benefits$42K
Fundraising$2K
Other expenses$71K
Total expenses$114K
Total assets$414K
Net assets$414K

People

9 listed

NameRoleCompensation

MICHELLE HOVERSON

EXECUTIVE DI

Board

$47K

20 hrs/wk

MICHAEL CARTER

DIRECTOR

Board

4 hrs/wk

WAYNE HERON

DIRECTOR

Board

1 hrs/wk

ZSUZI KADAR

DIRECTOR

Board

0.5 hrs/wk

JOE LABOIVITZ

DIRECTOR

Board

1 hrs/wk

MIKE MILTICH

DIRECTOR

Board

1 hrs/wk

JOE ROY

DIRECTOR

Board

1 hrs/wk

GEORGE SEARLE

DIRECTOR

Board

4 hrs/wk

NANCY LONGWORTH THOMAS

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$15K
RENTAL BRIDGE PROGRAM
2024
$15K
COMMUN SVS PROGRAM
2023

Funded by

$30K from 2 funders · 2 grants · 2023–2024

The Peninsula Community Foundation

$15K · 1 grant · 2023

Ally Charitable Foundation

$15K · 1 grant · 2024

Details

EIN882751895
NTEE codeS31
Subsection03
Ruling date2023-01
Formed2022
Employees1
Volunteers9
LAKE NORMAN COMMUNITY DEVELOPMENT — Mission, Financials & Grants Received | Grantivo