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West Side CLT
West Side CLT
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About this organization
Mission
Create permanently affordable housing with community-centered development in West Charlotte and beyond.
About
West Side CLT focused on developing its organizational infrastructure this year and we are most proud of: a) securing a full-time staff to manage the day-to-day operations of our organization; b) securing operating support to cover the costs of programs/services; c) establishing a proof of concept by beginning the development of our first home; d) acquiring several lots shifting our land portfolio from 1 parcel to 3 parcels to support permanent affordability; e) improving our fiscal positioning by submitting our past due 990's and contracting an accountant to manage our financials; and f) increasing our membership base from previous years.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “Create permanently affordable housing with community-centered development in west charlotte and beyond.”.
When detailing its duties, they were outlined as: “Create permanently affordable housing with community-centered development in west charlotte and beyond.”.
- The non-profit is legally allowed to operate in the state of NC, as reported.
- The filing provides the non-profit's address in 2020 as PO Box 668023, Charlotte, NC, 28266.
- The non-profit's form for the year 2020 reports a total of 1 employees on their payroll.
- 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 less than $100,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $244,263.
- The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
- The organization elects its board members.
- The organization has 10 independent voting members.
- The organization was formed in 2017.
- 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 pays $39,363 in salary, compensation, and benefits to its employees.
- The organization pays $20,240 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
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