Nonprofit · EIN 27-0428981
COMMUNITY EMPOWERMENT FUND
Tax-exempt · CARRBORO, NC 27510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $756,781 | $887,010 | -$130,229 | $3,021,882 | $241,968 | $2,779,914 |
| December 31, 2023 | 990 | $1,907,132 | $1,677,300 | $229,832 | $2,446,988 | $386,845 | $2,060,143 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $722,097
- of which government grants
- $60,950
- Program service revenue
- $0
- Investment income
- $33,924
- Net rental income
- $1,000
- Net income from fundraising events
- -$240
- Other revenue
- $760
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $90,290
- Other salaries and wages
- $483,354
- Salaries, compensation and benefits (total)
- $689,967
- Professional fundraising fees
- $0
- Accounting fees
- $10,263
- Occupancy
- $9,867
- Depreciation
- $57,804
- Program services (functional)
- $696,329
- Management and general (functional)
- $119,218
- Fundraising (functional)
- $71,463
Balance sheet and other
- Total assets, start of year
- $2,446,988
- Total assets, end of year
- $3,021,882
- Total liabilities, end of year
- $241,968
- Net assets, end of year
- $2,779,914
- Land, buildings and equipment
- $1,500
- Net assets without donor restrictions
- $2,062,575
- Net assets with donor restrictions
- $717,339
- Gross receipts
- $757,021
- Employees
- 33
- Volunteers
- 179
- Year formed
- 2010
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONNA CARRINGTON | EXECUTIVE DIRECTOR Officer | 40 | $90,920 |
| KAREN ELDRIDGE | CO-CHAIR Trustee or director, Officer | 1 | $0 |
| KATIE BARNETT | CO-CHAIR Trustee or director, Officer | 1 | $0 |
| CAROLYN FRYBERGER | TREASURER Trustee or director, Officer | 1 | $0 |
| ROHAN GUDDANTI | CO-SECRETARY Trustee or director, Officer | 1 | $0 |
| LAYAN QAIMARI | CO-SECRETARY Trustee or director, Officer | 1 | $0 |
| JOANNA BOWEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MK FALGOUT | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER CURTIS | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS JARRETT | BOARD MEMBER Trustee or director | 1 | $0 |
| RYAN REGAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CARL WELCH | BOARD MEMBER Trustee or director | 1 | $0 |
| ARI ROSENBERG | BOARD MEMBER Trustee or director | 1 | $0 |
| LATOYIA BORIA | BOARD MEMBER Trustee or director | 1 | $0 |
| JADA ALLEN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONNA CARRINGTON | EXECUTIVE DI Officer | 40 | $80,227 |
| LEANGELA BAKER | DIRECTOR Trustee or director | 1 | $0 |
| KATIE BARNETT | DIRECTOR Trustee or director | 1 | $0 |
| LATOYIA BORIA | CO-CHAIR Trustee or director, Officer | 1 | $0 |
| JOANNA BOWEN | DIRECTOR Trustee or director | 1 | $0 |
| TESSA DELGO | SECRETARY (7 Trustee or director, Officer | 1 | $0 |
| KAREN ELDRIDGE | CO-CHAIR Trustee or director, Officer | 1 | $0 |
| CAROLYN FRYBERGER | TREASURER Trustee or director, Officer | 1 | $0 |
| CHRIS JARRETT | DIRECTOR Trustee or director | 1 | $0 |
| JESSIE MAXWELL | DIRECTOR Trustee or director | 1 | $0 |
| RYAN REGAN | DIRECTOR Trustee or director | 1 | $0 |
| ANANYA TADIKONDA | SECRETARY (7 Trustee or director, Officer | 1 | $0 |
| CARL WELCH | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 125 W MAIN ST STE 200, CARRBORO, NC 27510-2039
- Mailing address (990-N for 2010)
- 180A E Cameron Ave CB 5115, Chapel Hill NC 27599
- Principal officer (990 for 2024)
- DONNA CARRINGTON, 125 WEST MAIN STREET 200, CARRBORO, NC 27510
- Principal officer (990-N for 2010)
- Maggie West, 180A E Cameron Ave CB 5115, Chapel Hill NC 27599
- Signed the 990
- CAROLYN FRYBERGER, TREASURER
- Phone
- (919) 200-0233
- Return prepared by
- SHARPE PATEL CPA
Mission
TO CULTIVATE OPPORTUNITIES, ASSETS, AND COMMUNITIES THAT SUPPORT THE ALLEVIATION OF HOMELESSNESS AND POVERTY.
Program accomplishments
- ADVOCATE PROGRAM:THE ADVOCATE PROGRAM CONNECTS FAMILIES AND HOUSEHOLD MEMBERS WITH ASSERTIVE SUPPORT AND INNOVATIVE FINANCIAL TOOLS TO HELP THEM ACHIEVE THEIR SELF-DETERMINED GOALS. SPECIFIC OUTCOMES INCLUDE ASSISTING INDIVIDUALS IN GAINING EMPLOYMENT AND BENEFITS, AND SUPPORTING HOUSEHOLDS IN MAKING SUCCESSFUL TRANSITIONS FROM HOMELESSNESS.Expenses $623,185 · revenue $1,000
- SAVINGS PROGRAM:THE SAVINGS PROGRAM ENABLES HOMELESS AND NEAR-HOMELESS INDIVIDUALS TO WORK TOWARD PERSONAL SAVINGS GOALS BY PROVIDING GOAL-ORIENTED MATCHED SAVINGS ACCOUNTS AND PERSONALIZED MONEY MANAGEMENT ASSISTANCE. THE PROGRAM ALSO OFFERS FINANCIAL COACHING, JOB READINESS TRAINING, AND RELATIONSHIP-BASED SUPPORT TO HELP LOW-INCOME INDIVIDUALS ACHIEVE GREATER FINANCIAL STABILITY.Expenses $73,144
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0428981
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $3,021,882
- Income (IRS master file)
- $757,021
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $756,781 | $887,010 | $3,021,882 | IRS |
| 990 | December 2023 | $1,907,132 | $1,677,300 | $2,446,988 | XML |
| 990 | December 2022 | $1,553,814 | $874,467 | $2,439,677 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Maggie West | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0428981).
Questions about COMMUNITY EMPOWERMENT FUND
- What is the EIN of COMMUNITY EMPOWERMENT FUND?
- The employer identification number (EIN) of COMMUNITY EMPOWERMENT FUND is 27-0428981.
- Is COMMUNITY EMPOWERMENT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to COMMUNITY EMPOWERMENT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY EMPOWERMENT FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY EMPOWERMENT FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY EMPOWERMENT FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY EMPOWERMENT FUND?
- The 990 for the year ended December 31, 2024 names DONNA CARRINGTON.
- Who are the officers and directors of COMMUNITY EMPOWERMENT FUND?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $90,920 (DONNA CARRINGTON, EXECUTIVE DIRECTOR).
- How much revenue does COMMUNITY EMPOWERMENT FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $756,781, expenses of $887,010 and total assets of $3,021,882 at year end.
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All nonprofits in CARRBORO · North Carolina · Community improvement and capacity building