2024-07-02T13:07:19-05:00 2023-12-31 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2023-01-01 043728351 THE IDA AND ASSET BUILDING COLLABORATIVE OF NORTH CAROLINA IDAA 9192838922 PO BOX 27386 RALEIGH NC 276117386 MARQUITA ROBERTSON EXECUTIVE DIRECTOR 9192838922 2024-07-02 1 MARQUITA ROBERTSON 999009999 0 DAWN O WHITT P02352669 9197878212 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z MARQUITA ROBERTSON 4030 WAKE FOREST RD STE 204 RALEIGH NC 27609 181131 0 X HTTPS://THECOLLABORATIVENC.ORG X 2002 NC THE COLLABORATIVE'S MISSION IS TO CLOSE THE WEALTH GAP IN NORTH CAROLINA. WE ADVOCATE ON BEHALF OF FINANCIALLY VULNERABLE COMMUNITIES BY COLLABORATING WITH FINANCIAL INSTITUTIONS, NONPROFITS, AND LOCAL GOVERNMENT AGENCIES ACROSS THE STATE TO EDUCATE PEOPLE ON BUILDING WEALTH. WE BELIEVE EVERYONE REGARDLESS OF THEIR SKIN COLOR, PHYSICAL ABILITIES, OR FINANCIAL CIRCUMSTANCES DESERVES AN EQUAL OPPORTUNITY TO BUILD WEALTH. 7 6 1 40 0 0 176269 179534 0 1400 236 197 0 0 176505 181131 0 0 0 0 109322 110140 0 0 3352 58234 68113 167556 178253 8949 2878 263220 256598 36031 26531 227189 230067 X THE COLLABORATIVE'S MISSION IS TO CLOSE THE WEALTH GAP IN NORTH CAROLINA. WE ADVOCATE ON BEHALF OF FINANCIALLY VULNERABLE COMMUNITIES BY COLLABORATING WITH FINANCIAL INSTITUTIONS, NONPROFITS, AND LOCAL GOVERNMENT AGENCIES ACROSS THE STATE TO EDUCATE PEOPLE ON BUILDING WEALTH. WE BELIEVE EVERYONE REGARDLESS OF THEIR SKIN COLOR, PHYSICAL ABILITIES, OR FINANCIAL CIRCUMSTANCES DESERVES AN EQUAL OPPORTUNITY TO BUILD WEALTH. 0 0 15071 0 1400 PATHWAYS TO PROSPERITY CONFERENCE:EVERY OTHER YEAR, THE PATHWAYS TO PROSPERITY CONFERENCE - IN PARTNERSHIP WITH NORTH CAROLINA A & T STATE UNIVERSITY COOPERATIVE EXTENSION AND THE UNIVERSITY OF NORTH CAROLINA CENTER - BRINGS TOGETHER PROFESSIONALS WORKING TO ENSURE THAT EVERYONE IN OUR STATE HAS A CLEAR PATH TO FINANCIAL STABILITY, WEALTH, AND PROSPERITY. AS THE ONLY EVENT OF ITS KIND IN NORTH CAROLINA TO ADDRESS THE ENTIRE RANGE OF MOMENTS THAT AFFECT AN INDIVIDUAL'S OR FAMILY'S FINANCIAL WELL-BEING, THE CONFERENCE OFFERS SESSIONS ABOUT CONSUMER FINANCE ISSUES, EXPANDING ACCESS TO SAFE AND AFFORDABLE BANKING, HOMEOWNERSHIP, ACCESS TO BROADBAND, STRATEGIES TO CLOSE THE RACIAL WEALTH DIVIDE, THE INTEGRATION OF FINANCIAL CAPABILITY SERVICES AND MORE. THE CONFERENCE REACHED 75 FINANCIAL EMPOWERMENT PROFESSIONALS. 70064 0 0 PROSPERITY FOR ALL - AMERICORPS VISTA:EACH YEAR THE COLLABORATIVE PLACES FULL-TIME, PAID, VOLUNTEERS AT NONPROFITS ACROSS NORTH CAROLINA TO BUILD CAPACITY WITHIN THEIR PROGRAMS FOR A YEAR, ALSO KNOWN AS OUR AMERICORPS VISTA, IS IN THE RECRUITING AND PLACEMENT PHASE. VISTAS THAT SERVED IN 2023 VISTAS WERE VERY IMPACTFUL, LAUNCHING SEVERAL STATEWIDE INITIATIVES AND SURPASSING ALL OUTREACH GOALS. OVER THE YEAR, THE COLLABORATIVE PLACED 13 VISTAS IN COMMUNITIES ACROSS THE STATE. 25117 0 0 BANK ON NORTH CAROLINA: BANK ON NORTH CAROLINA IS OUR STATEWIDE PROGRAM DESIGNED TO PROVIDE EVERYONE WITH ACCESS TO A SAFE AND AFFORDABLE BANK ACCOUNT. SINCE OUR LAUNCH, THE COLLABORATIVE HAS HOSTED EVENTS AND CONNECTED WITH 546 PEOPLE REGARDING BANK ON NC. BANK ON NC HAS 29 LOCAL PARTNER ORGANIZATIONS. OUR MOST RECENT CONVENINGS WERE IN PARTNERSHIP WITH THE NC COOPERATIVE EXTENSION AND THE NC BANKERS' ASSOCIATION. THROUGH THIS INITIATIVE, THE COLLABORATIVE REACHED 117 INDIVIDUALS. 11053 11053 121305 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 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 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X MARQUITA ROBERTSON 9192838922 PO BOX 27386 RALEIGH NC 276117386 KATI SESSOMS BOARD CHAIR 2.00 X X 0 0 0 LATASHA BEST-GADDY TREASURER 2.00 X X 0 0 0 CATHERINE JARBOE SECRETARY 2.00 X X 0 0 0 TAMEKA REED DIRECTOR 2.00 X 0 0 0 BRONWYN LUCAS DIRECTOR 2.00 X 0 0 0 TIFFANY GLADNEY DIRECTOR 2.00 X 0 0 0 MARQUITA ROBERTSON EXECUTIVE DIRECTOR 40.00 X 98094 0 3924 98094 0 3924 0 0 0 0 0 25000 154534 179534 REGISTRATION FEES 541900 1400 1400 1400 197 197 181131 1400 0 197 102018 80664 18232 3122 996 996 7126 5669 1227 230 21237 4500 16737 3364 3364 14900 9394 5506 4731 4731 OTHER 16157 8994 7163 RECRUITING 7724 7724 178253 121305 53596 3352 234531 235355 1179 3841 1730 865 25780 16537 263220 256598 10093 9677 25938 16854 36031 26531 X 191940 200850 35249 29217 227189 230067 263220 256598 2878 0 X 1 X 0 1 0 X 143574 266636 190891 176269 179534 956904 1400 1400 143574 266636 190891 176269 180934 958304 0 0 0 958304 312 231 236 197 976 312 231 236 197 976 2000 2000 143574 268948 191122 176505 181131 961280 0.99690 0.99680 0.00100 0.00100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OPERATING LEASE-RIGHT OF USE 16537 16537 OPERATING LEASE LIABILITY 16854 16854 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO FILING. THE EXECUTIVE DIRECTOR WAS RESPONSIBLE FOR AN IN-DEPTH REVIEW OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE IDA AND ASSET BUILDING COLLABORATIVE OF NORTH CAROLINA (THE COLLABORATIVE) REQUIRES A STANDARD OF BEHAVIOR FOR ALL STAFF, VOLUNTEERS AND BOARD MEMBERS TO SCRUPULOUSLY AVOID ANY CONFLICT OF INTEREST BETWEEN THE INTERESTS OF THE COLLABORATIVE ON THE ONE HAND, AND PERSONAL, PROFESSIONAL AND BUSINESS INTEREST ON THE OTHER HAND. THIS INCLUDES AVOIDING ACTUAL DIRECT CONFLICTS OF INTEREST AS WELL AS INDIRECT OR PERCEIVED CONFLICTS OF INTERESTS. ACCORDING TO NC GENERAL STATUTE CHAPTER 55A, NONPROFIT CORPORATION ACT, CHAPTER 8, DIRECTORS AND OFFICERS, PART 3, STANDARDS OF CONDUCT OF A DIRECTOR HAS AN INDIRECT INTEREST IN A TRANSACTION IF: ANOTHER ENTITY IN WHICH SHE/HE HAS A MATERIAL FINANCIAL INTEREST OR IN WHICH SHE/HE IS A GENERAL PARTNER IS A PARTY TO THE TRANSACTION OF ANOTHER ENTITY OF WHICH SHE/HE IS A DIRECTOR, OFFICER, OR TRUSTEE IS A PARTY TO THE TRANSACTION AND THE TRANSACTION IS OR SHOULD BE CONSIDERED BY THE BOARD OF DIRECTORS OF THE CORPORATION. I UNDERSTAND THAT THE PURPOSES OF THIS POLICY ARE TO: PROTECT THE INTEGRITY OF THE COLLABORATIVE'S DECISION-MAKING PROCESS, ENABLE OUR CONSTITUANCIES TO HAVE CONFIDENCE IN OUR INTEGRITY, PROTECT THE INTEGRITY AND REPUTATION OF VOLUNTEERS, STAFF AND BOARD MEMBERS. ON AN ANNUAL BASIS I WILL MAKE A FULL, WRITTEN DISCLOSURE OF INTEREST, RELATIONSHIPS, AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST. THIS WRITTEN DISCLOSURE WILL BE KEPT ON FILE AND I WILL UPDATE IT AS APPROPRIATE, AT A MINIMUM EVERY 12 MONTHS. IN THE COURSE OF MEETINGS OR ACTIVITIES, I WILL DISCLOSE ANY INTEREST IN A TRANSACTION OR DECISION WHERE I (INCLUDING MY BUSINESS OR OTHER NONPROFIT AFFILIATION), MY FAMILY AND/OR MY SIGNIFICANT OTHER, EMPLOYER OR CLOSE ASSOCIATES WILL RECEIVE A BENEFIT OR GAIN. AFTER DISCLOSURE, I UNDERSTAND THAT I WILL BE ASKED TO REMOVE MYSELF FROM DISCUSSIONS AND NOT BE PERMITTED TO VOTE ON THE QUESTION. I UNDERSTAND THAT THIS POLICY IS MEANT TO BE A SUPPLEMENT TO GOOD JUDGMENT, AND I RESPECT ITS SPIRIT AS ITS PRINCIPLES AND PRACTICES. FORM 990, PART VI, SECTION B, LINE 15 REVIEW PROCESS BY BOARD CHAIR AND TREASURER ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 REQUEST BY MAIL TO: IDA AND ASSET BUILDING COLLABORATIVE; P.O. BOX 27386, RALEIGH, NC 27611 FORM 990, PART VI, SECTION C, LINE 19 REQUEST BY MAIL TO: IDA AND ASSET BUILDING COLLABORATIVE; P.O. BOX 27386, RALEIGH, NC 27611.