Overview
What is Self-Help Community Development Corp?
Self-Help Community Development Corp is a nonprofit organization situated in Durham, North Carolina, with an address at 301 W Main Street. Their primary mission is to provide affordable housing for low-income individuals and distressed communities, focusing on renovation and new construction projects. In 2022, they operated in three North Carolina locations, namely Charlotte, Chapel Hill, and Rocky Mount. In Charlotte, they managed an affordable rental housing project in the Grier Heights neighborhood, while in Chapel Hill, they facilitated the rehabilitation of community land bank properties. Additionally, they assisted in the re-zoning and entitlements process for a nonprofit partner to develop 4 affordable housing units. The Chapel Hill land bank also had 9 properties at various development stages.
Official website here: www.self-help.org
Is Self-Help Community Development Corp legitimate?
Self-Help Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Self-Help Community Development Corp 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: $0
For more financial information, click here
Official website here: www.self-help.org
What is the mission statement of Self-Help Community Development Corp?
Self-Help Community Development Corp's mission is centered around providing affordable housing for low-income individuals and distressed communities. The organization carries out its mission primarily through the renovation or construction of new homes, which are then sold. In 2022, Self-Help Community Development Corporation was active in North Carolina, operating affordable housing programs in Charlotte, Chapel Hill, and Rocky Mount. In these locations, the corporation was involved in various housing projects, such as leasing garden apartments to low-income tenants and managing the rehabilitation of properties for sale with owner occupancy deed restrictions. Additionally, they worked on securing re-zoning and entitlements for the development of new affordable housing units, demonstrating their ongoing commitment to creating affordable housing solutions.
Official website here: www.self-help.org
Who is the CEO of Self-Help Community Development Corp?
Martin Eakes is the CEO of Self-Help Community Development Corp The CEO's salary of Self-Help Community Development Corp is $0 and their total compensation is $131,432.
Official website here: www.self-help.org
What is the revenue of Self-Help Community Development Corp?
Self-Help Community Development Corp's revenue in 2023 was $4,800,389.
Official website here: www.self-help.org
Who are the executives of Self-Help Community Development Corp and what are their salaries?
Here are 7 key members and their salaries (Self-Help Community Development Corp's CEO's salary is $0 and their total compensation is $131,432):
- Compensation: $0
- Related: $96,777
- Other: $40,752
- Compensation: $0
- Related: $99,708
- Other: $32,090
- Compensation: $0
- Related: $97,699
- Other: $33,733
- Compensation: $0
- Related: $104,909
- Other: $22,096
- Compensation: $0
- Related: $103,551
- Other: $22,805
- Compensation: $0
- Related: $108,115
- Other: $10,896
- Compensation: $0
- Related: $69,403
- Other: $37,980
Official website here: www.self-help.org
Where can I find the form 990 for Self-Help Community Development Corp?
Self-Help Community Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.self-help.org
Learn more at the official website: www.self-help.org
Mission Statement of Self-Help Community Development Corp
Self-Help Community Development Corporation is dedicated to addressing the housing needs of low-income individuals and distressed communities. Their primary focus is on renovating or constructing new affordable housing units and selling them to eligible residents. Through their activities, they aim to contribute to the improvement of living conditions and promote sustainable community development.
In pursuit of this mission, Self-Help Community Development Corporation has implemented various affordable housing programs across different locations within North Carolina. For instance, in Charlotte, they manage the Grier Heights neighborhood, providing affordable rental housing to low-income families through the Grierton Square project, where they lease 34 garden apartments. Furthermore, in Chapel Hill, the corporation rehabilitates properties held in a community land bank in the Northside neighborhood, subsequently selling the renovated units to buyers who commit to living there as their primary residence, while adhering to owner occupancy deed restrictions.
By providing affordable housing solutions, Self-Help Community Development Corporation contributes to the overall well-being of the communities they serve, enabling individuals and families to secure stable and affordable living environments, which in turn, fosters a sense of community and social cohesion.
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Impact
October, 2024
Self-Help Community Development Corp significantly enhances the landscape of affordable housing for low-income individuals and distressed communities in North Carolina. By focusing its efforts in Charlotte, Chapel Hill, and Rocky Mount, it plays a crucial role in transforming housing access for those in need.
In Charlotte's Grier Heights neighborhood, the organization provides essential affordable rental options, with 34 garden apartments available for low-income tenants. This initiative not only addresses immediate housing needs but also fosters community stability.
Moreover, in Chapel Hill, the organization is actively engaged in revitalizing properties through a community land bank. By rehabilitating units and working to secure zoning and entitlements, Self-Help supports sustainable development that aligns market mechanisms with community benefit. The management of multiple properties at various stages of development demonstrates its strategic approach to creating lasting change.
Overall, Self-Help Community Development Corp’s impact extends beyond mere housing construction; it is about rebuilding communities, creating opportunities for low-income residents, and facilitating access to stable, affordable living conditions. These actions pave the way for improved quality of life and community resilience.
This information is meant to be a general summary of Self-Help Community Development Corp. 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 2023.
- Investment Income: $511,395
- Program Service Revenue: $3,734,349
- Gross Receipts: $4,800,389
Assets and Liabilities:
- Total Assets: $9,493,771
- Total Liabilities: $5,045,821
- Net Assets: $4,447,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$3,734,349
Organization Details
Founding Year
1996
Principal Officer
Tucker Bartlett
Website
www.self-help.orgNTEE Category
Code: S30Z - Community improvement
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