2024-11-08T17:16:06-05:00 2023-12-31 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2023-01-01 561706757 BRICK CAPITAL COMMUNITY DEVELOPMENT CORPORATION BRIC 9197752300 PO BOX 568 SANFORD NC 273310568 KERRY BASHAW EXECUTIVE DIRECTOR 9197752300 2024-11-07 true true REBECCA FISHER CPA P01690017 7044993893 2024-11-07 2023 2024-10-15 13:58:12Z KERRY BASHAW PO BOX 568 SANFORD NC 273310568 1623175 false X WWW.BC-CDC.ORG X 1990 NC THE ORGANIZATION, TOGETHER WITH PUBLIC AND PRIVATE INVESTORS, PROVIDES AFFORDABLE HOUSING, HOUSING COUNSELING, EDUCATION, COMMUNITY, HUMAN AND ECONOMIC DEVELOPMENT TO IMPROVE THE QUALITY OF THE LIFE IN LEE AND SURROUNDING COUNTIES OF NC. 11 11 8 11 0 122583 87500 183940 283510 133819 123317 8340 0 448682 494327 0 0 212478 269018 0 0 308876 485274 521354 754292 -72672 -259965 3550156 3586290 1483040 1889039 2067116 1697251 X THE ORGANIZATION, TOGETHER WITH PUBLIC AND PRIVATE INVESTORS, PROVIDES AFFORDABLE HOUSING, HOUSING COUNSELING, EDUCATION, COMMUNITY, HUMAN AND ECONOMIC DEVELOPMENT TO IMPROVE THE QUALITY OF THE LIFE IN LEE AND SURROUNDING COUNTIES OF NC. false false 557087 283510 INCREASED THE AVAILABILITY OF MODERATELY PRICED HOUSING FOR THE LOW TO MODERATE INCOME CITIZENS OF LEE AND SURROUNDING COUNTIES. INCREASED HOUSING COUNSELING ACTIVITY FOR FIRST-TIME HOMEBUYERS. 557087 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 15 0 true 8 true false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false X KERRY BASHAW 9197752300 PO BOX 568 SANFORD NC 273310568 KERRY BASHAW EXECUTIVE DI 1.00 X 80000 0 0 MARGARET MURCHISON PRESIDENT 1.00 X X 0 0 0 WILLIAM T WILSON VICE PRESIDE 1.00 X X 0 0 0 BRENDA JOHNSON ASSISTANT SE 1.00 X X 0 0 0 BRENDA WILLIAMS TREASURER 1.00 X X 0 0 0 JAMES FRENCH DIRECTOR 1.00 X 0 0 0 TERRY MCMILLAN DIRECTOR 1.00 X 0 0 0 KELLEY DUBOIS DIRECTOR 1.00 X 0 0 0 BILL CRAWFORD DIRECTOR 1.00 X 0 0 0 VANESSA IGLESIAS DIRECTOR 1.00 X 0 0 0 CARSON LANIER DIRECTOR 1.00 X 0 0 0 LISA JOHNSON DIRECTOR 1.00 X 0 0 0 80000 false false false 50000 37500 87500 SUPPORTIVE HOUSING 624200 213549 213549 HOUSING COUNSELING 624200 56299 56299 PROGRAM SERVICE REVENUE:OTHER 624200 13662 13662 283510 65 65 1252100 1128848 123252 123252 123252 494327 406762 65 80000 58400 21600 155256 113337 41919 14196 7808 6388 19566 10761 8805 26553 26553 22563 22563 4109 2876 1233 10243 7682 2561 8612 6028 2584 3798 1044 2754 47161 43860 3301 98829 84993 13836 26974 20230 6744 REPAIRS & MAINTENANCE 124562 122071 2491 UTILITIES 40504 36454 4050 MISCELLANEOUS 20639 5676 14963 BANK FEES 15563 4279 11284 35164 31588 3576 754292 557087 197205 0 58431 16009 5974 12165 9953 4653974 1158802 3400335 3495172 10000 69225 59182 3550156 3586290 215603 58287 1200632 1719116 66805 111636 1483040 1889039 X 2067116 1697251 2067116 1697251 3550156 3586290 -259965 -109900 X false true X true false X 11600 1703249 146061 122583 87500 2070993 191313 205134 219429 183940 283510 1083326 202913 1908383 365490 306523 371010 3154319 943500 1166 944666 136465 136465 943500 137631 1081131 2073188 65 65 65 65 22499 9000 12742 8340 52581 225412 1917383 378232 314863 371075 3206965 0.64650 0.66570 0.00000 0.00000 X PART III, LINE 12 OTHER INCOME 17,241 DEBT FORGIVENESS INCOME 35,340 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1722983 1722983 2650666 1047240 1603426 52136 52136 228189 59426 168763 3495172 LINE OF CREDIT 50000 PROPERTY PLACEMENT RESERVES 44746 ESCROW DEPOSITS 16890 111636 X 494327 494327 494327 754292 754292 754292 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AN ENTITY MUST RECOGNIZE TAX BENEFITS ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 THAT WOULD REQUIRE THE ORGANIZATION TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION, TOGETHER WITH PUBLIC AND PRIVATE INVESTORS, PROVIDES AFFORDABLE HOUSING, HOUSING COUNSELING, EDUCATION, COMMUNITY, HUMAN AND ECONOMIC DEVELOPMENT TO IMPROVE THE QUALITY OF THE LIFE IN LEE AND SURROUNDING COUNTIES OF NC. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL PRIOR TO BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST WHEN THEY ARISE. A CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A CURRENT EXECUTIVE DIRECTOR PAY IS APPROVED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 ORGANIZATIONAL AND OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION'S OFFICE.