2024-10-18T01:34:28-04:00 2023-12-31 990EZ 2023-01-01 311639629 Olive Hill Community Economic Development Corporation % Beverly Carlton OLIV 8284754620 PO Box 4008 MORGANTON NC 28680 Beverly Carlton Executive Director 2024-10-18 2023 2024-10-15 13:58:12Z X X www.ohcedc.org X X 124056 X 96500 27556 0 0 0 124056 70713 3522 10372 1200 13260 99067 24989 16469 -13181 28277 X 58576 56562 25000 25000 83576 81562 67107 53285 16469 28277 X "Olive Hill CEDC's primary exempt purpose is to provide economic mobility services including affordable housing support foreclosure prevention loss mitigation small business development and other economic activities that help individuals move out of poverty." Conducted 10 homeownership education classes with an average attendance of 8 participants per class. Additionally provided homeownership counseling to an average of 4 clients per month totaling 48 counseling sessions for the year. As a result of these efforts 15 participants successfully purchased homes. 50000 50000 Responded to 85 inquiries regarding foreclosure prevention and loss mitigation. Submitted workout requests for all 85 cases while also utilizing Homeowner Assistance Funds HAP to assist the majority of borrowers in a avoiding foreclosure 25000 10000 Offered counseling support services and business plan development to 18 clients. Referred 6 clients to Mt. Bizworks Multicultural Catalyst program for non-traditional financing options and 1 client to The Industrial Commons loan program for further financial assistance. 5233 5641 Community Outreach Activities - "Olive Hill CEDC engages in community outreach activities to raise awareness of its programs and services recruit individuals for participation in services and classes and collaborate with other human service agencies." 13500 13000 78641 Beverly Carlton Executive Director 40 34600 0 0 Winston Hill Jr Board President 2 0 0 0 Leslie Kern Board Secretary 2 0 0 0 Ebony Johnson Hill Treasurer 2 0 0 0 Rev Anthony Ratcliff Board Member 2 0 0 0 Charlita Lytle Board Member 2 0 0 0 false false false false false 0 false false false false NC Sandy Whitener 911 West Union St Morganton NC 28655 8284135104 false false false false false false false false NONE NONE X 67344 103336 213449 43116 124056 551301 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 67344 103336 213449 43116 124056 551301 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 551301 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 67344 103336 213449 43116 124056 551301 1 0.00 0 0.00 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Doing Business As Names OHCEDC Part I, line 16 | Other Expenses:, Amount:| Advertising Website, $603| Travel to Florida for conference Flight hotel meals, $2650| Program Expenses: Outreach Staff Supplies Staff traning, $10007| Part I, line 20 | Explanation:, Amount:| Balance difference, $-13181| Part II, line 24 | Explanation:, BOYAmount:, EOYAmount:| Office Furnishings, $20500, $20500| Computers Monitors laptops projector, $4500, $4500| Part II, line 26 | Explanation:, BOYAmount:, EOYAmount:| Other liabilities, $61414, $51285| Accounts Payable, $5693, $2000|