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Crossroads Corp For Affordable Housing And Community Dev Inc

Crossroads Corp For Affordable Housing And Community Dev Inc

Charlotte, NC 28211
Tax ID26-2787742

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About this organization

Revenue

$2,073,441

Expenses

$2,211,713

Website

crossroadscorporation.org

Mission

CrossRoads Corporation for Affordable Housing and Community Development, Inc. is a faith-based, nonprofit organization that through partnerships honors the history and supports the collective vision of rejuvenation, economic stability, healthy living, and educational achievement within the Grier Heights community.

About

Construction of affordable housing. Eight single-family houses were built in 2017; five of which were sold in 2017; the last three were sold in 2018. Another grant of $500,000 was received to build 8 more homes starting in 2019.

Interesting data from their 2019 990 filing

The purpose of the non-profit is stated in the filing as “Crossroads is a permanent, faith based organization, in partnership with myers park presbyterian church, created to bring about the revitalization of grier heights neighborhood (impoverished residential area in charlotte, nc) through affordable and market priced housing and various community services.”.

Their activities were defined as: “Crossroads is a permanent, faith based organization, in partnership with myers park presbyterian church, created to bring about the revitalization of grier heights neighborhood (impoverished residential area in charlotte, nc) through affordable and market priced housing and various community services.”.

  • As per legal requirements, the non-profit's state of operation is reported as NC.
  • The non-profit's address in 2019 as per the filing is 3623 Latrobe Ave Ste 208, Charlotte, NC, 28211.
  • The form of the non-profit organization shows 7 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$138,272.
  • The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
  • The organization has 22 independent voting members.
  • The organization was formed in 2008.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $288,955 in salary, compensation, and benefits to its employees.
  • The organization pays $66,224 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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