2025-11-12T13:17:27-06:00 2024-12-31 760488832 McConnell & Jones LLP 6114 Fayetteville Road Suite 101 Durham NC 27713 990 2024-01-01 923869485 Institute Community Development Initiative Inc INST 9199562313 114 W Parrish Street Durham NC 27701 KEVIN J PRICE PRESIDENT/CEO 9199562313 2025-11-12 1 1 Kenneth Gibbs P00238164 9195440555 2025-11-12 2024 2025-03-06 01:10:19Z X KEVIN J PRICE PO BOX 1331 DURHAM NC 27702 618258 0 X https://theinstitutenc.org/icdi/ X 2023 NC Institute Community Development Initiative leads North Carolina's collaborative community economic development efforts, driving innovation, investment, and action to create prosperous, sustainable communities. The Initiative has been established as a trusted intermediary to strategically assemble and invest funds in community development organizations across the state. 7 7 0 0 0 0 500000 118258 0 0 618258 0 0 138268 0 6323 67333 205601 412657 618258 205601 412657 X Institute Community Development Initiative leads North Carolina's collaborative community economic development efforts, driving innovation, investment, and action to create prosperous, sustainable communities. The Initiative has been established as a trusted intermediary to strategically assemble and invest funds in community development organizations across the state. 0 0 118258 CED NetworkCreated a framework for a network of community economic development and affordable housing nonprofits. Developed an initial list of more than 70 organizations to contact and collect data. Guilford County Home Ownership ProjectCompleted a cohort of an emerging developer program, providing 9 sessions of relevant topics to more than 20 particpants. Held 9 Community of Practice meetings. NC Digital Equity PlanAssisted an NC state agency in writing the NC Digital Equity Plan for submisison to the federal government. 118258 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Angela Poole 9199568889 PO BOX 1331 Durham NC 27702 Tyrone Baines Secretary 1.00 X X 0 0 0 Joel Dancy Director 1.00 X 0 0 0 Suzanne Malone Treasurer 1.00 X X 0 0 0 J Carl Manning Director 1.00 X 0 0 0 Lewis H Myers Chairman 1.00 X X 0 0 0 Kevin J Price PRESIDENT/CEO 0.00 40.00 X X 0 0 0 Michael Suggs Vice Chairman 1.00 X X 0 0 0 Lea Henry Director 1.00 40.00 X 0 132188 9737 0 132188 9737 0 0 0 0 0 500000 500000 Contract Service Fees 118258 118258 118258 618258 118258 0 0 128237 88418 34319 5500 301 203 83 15 9730 6569 2750 411 75 75 5908 1983 3925 Health Insurance 12519 6959 5163 397 Specialized technical a 11367 8000 3367 Insurance 9894 9894 Program expense 9065 5740 3325 18505 386 18119 205601 118258 81020 6323 618258 0 618258 205601 0 205601 X 412657 0 412657 0 618258 412657 0 X 0 1 X 1 0 X 500000 500000 500000 500000 500000 500000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 618258 0 618258 0 618258 205601 0 205601 0 205601 Part X, Line 2: Uncertain tax positions Income from certain activities not directly related to ICDI's taxexempt purposes may be subject to taxation as unrelated business income. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined that ICDI had no uncertain income tax positions at December 31, 2024. Form 990, Part VI, Section B, line 11b Audit committee and Executive committee meet jointly to review the Form 990 prior to filing. Form 990, Part VI, Section B, line 12c The Board reviews the policy and adherence on a regular basis and has a reminder on each board meeting agenda Form 990, Part VI, Section B, line 15 The personnel committee evaluates the President/CEO's compensation and makes salary recommendations based on salary comparability studies from the State and other nonprofits across the state. Form 990, Part VI, Section C, line 19 Form 990 is available upon request. INSTITUTE CAPITAL INC PO BOX 1331 DURHAM NC 27702 562142717 CHARITY NC 501C3 Line 7 N/A 0 NATIONAL INSTITUTE OF MINORITY PO BOX 1331 DURHAM NC 27702 561579041 CHARITY NC 501C3 Line 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0