Overview
What is Brick Capital Community Development Corporation?
Brick Capital Community Development Corporation is a nonprofit organization located in Sanford, North Carolina. With a team of five dedicated individuals, their primary mission is to enhance the living conditions in Lee County and its surrounding areas by promoting moderately priced housing for low to moderate income citizens. They achieve this by collaborating with both public and private investors. Beyond housing, Brick Capital also offers housing counseling services, particularly for first-time homebuyers, aiming to empower individuals in their property acquisition journey. Furthermore, the organization contributes to community, human, and economic development, striving to improve the overall quality of life in the region.
Official website here: www.bc-cdc.org
Is Brick Capital Community Development Corporation legitimate?
Brick Capital Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brick Capital Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,065
For more financial information, click here
Official website here: www.bc-cdc.org
What is the mission statement of Brick Capital Community Development Corporation?
Brick Capital Community Development Corporation, in collaboration with public and private investors, is committed to enhancing the quality of life in certain North Carolina counties, including Lee. Their mission encompasses providing affordable housing, offering housing counseling services, promoting education, fostering community development, and encouraging human and economic growth. The organization aims to improve living conditions for individuals with moderate incomes by increasing the availability of moderately priced housing and enhancing housing counseling activities, particularly for first-time homebuyers.
Official website here: www.bc-cdc.org
Who is the CEO of Brick Capital Community Development Corporation?
Kerry Bashaw is the Director of Brick Capital Community Development Corporation.
Official website here: www.bc-cdc.org
What is the revenue of Brick Capital Community Development Corporation?
Brick Capital Community Development Corporation's revenue in 2022 was $448,682.
Official website here: www.bc-cdc.org
Who are the executives of Brick Capital Community Development Corporation and what are their salaries?
The average compensation at Brick Capital Community Development Corporation during 2022 was $37,613. There are 5 employees and 5 volunteers at Brick Capital Community Development Corporation.
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Official website here: www.bc-cdc.org
Where can I find the form 990 for Brick Capital Community Development Corporation?
Brick Capital Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bc-cdc.org
Learn more at the official website: www.bc-cdc.org
Mission Statement of Brick Capital Community Development Corporation
Brick Capital Community Development Corporation, as an organization, collaborates with both public and private investors to enhance the living standards in Lee County and its surrounding areas. Their mission is multifaceted, encompassing the provision of affordable housing, housing counseling, education, community development, and economic advancement. Their ultimate goal is to improve the overall quality of life for the low to moderate income citizens in these regions.
In concrete terms, Brick Capital Community Development Corporation is actively working towards increasing the availability of moderately priced housing for its target demographic. Additionally, they are boosting their housing counseling activities, particularly for first-time homebuyers, to ensure that these individuals are well-equipped to navigate the home buying process. By addressing these essential needs, Brick Capital Community Development Corporation is making significant strides in uplifting the community and improving the living conditions of its residents.
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Impact
October, 2024
Brick Capital Community Development Corporation significantly enhances the quality of life for low to moderate-income residents in Lee and surrounding counties of North Carolina. By collaborating with public and private investors, it increases the availability of affordable, moderately priced housing, ensuring that those in need have access to safe and stable living conditions.
The organization also focuses on housing counseling, particularly for first-time homebuyers, empowering individuals with the knowledge and resources necessary to navigate the housing market successfully. This educational component, combined with ongoing support in community, human, and economic development, fosters a more vibrant and sustainable community. Through these efforts, Brick Capital not only addresses immediate housing needs but also promotes long-term economic stability and growth within the region.
This information is meant to be a general summary of Brick Capital Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $133,819
- Program Service Revenue: $183,940
- Gross Receipts: $686,625
Assets and Liabilities:
- Total Assets: $3,550,156
- Total Liabilities: $1,483,040
- Net Assets: $2,067,116
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORTIVE HOUSING
Revenue
$177,728
HOUSING COUNSELING
Revenue
$6,000
PROGRAM SERVICE REVENUE: OTHE
Revenue
$212
Organization Details
Founding Year
1990
Phone
(919) 775-2300Principal Officer
Kerry Bashaw
Main Address
PO BOX 568, SANFORD, NC, 273310568
Website
www.bc-cdc.orgNTEE Category
Code: S31Z - Community improvement
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