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Nonprofit · EIN 56-1794362

CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP

Tax-exempt · SHELBY, NC 28150

Financials

$340K$355K2023$249K$275K2024
Revenue Expenses · by fiscal year end
Financials of CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$248,673$274,669-$25,996$992,227$122,242$869,985
December 31, 2023990$339,882$355,345-$15,463$1,060,639$164,658$895,981
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$193,186
of which government grants
$112,061
Program service revenue
$30,533
Investment income
$1,922
Net rental income
$22,387
Other revenue
$23,032

Expenses

Grants and similar amounts paid
$13,650
Compensation of officers, directors and key employees
$68,517
Other salaries and wages
$84,562
Salaries, compensation and benefits (total)
$187,009
Professional fundraising fees
$0
Accounting fees
$7,700
Occupancy
$3,970
Travel
$3,010
Program services (functional)
$239,479
Management and general (functional)
$35,190

Balance sheet and other

Total assets, start of year
$1,060,639
Total assets, end of year
$992,227
Total liabilities, end of year
$122,242
Net assets, end of year
$869,985
Land, buildings and equipment
$32,977
Net assets without donor restrictions
$869,985
Gross receipts
$248,673
Employees
5
Volunteers
7
Year formed
1992
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.

NameTitleHours / weekCompensation
Karla HaynesExecutive Director
Officer
40$68,517
Jerry HopperChair
Trustee or director, Officer
2$0
Ebony AlexanderVice Chair
Trustee or director, Officer
2$0
Bryan HowellSecretary/Treas
Trustee or director, Officer
2$0
Jeff LedfordDirector
Trustee or director
1$0
Pam HallDirector
Trustee or director
1$0
Joel DancyDirector
Trustee or director
1$0
Derek FoxBoard Chair
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Jerry HopperChair
Trustee or director, Officer
2$0
Ebony AlexanderVice Chair
Trustee or director, Officer
2$0
Bryan HowellSecretary/Treas
Trustee or director, Officer
2$0
Jeff LedfordDirector
Trustee or director
1$0
Pam HallDirector
Trustee or director
1$0
Joel DancyDirector
Trustee or director
1$0
Derek FoxBoard Chair
Trustee or director
1$0
Karla HaynesExecutive Director
Officer
40$0

Address and contacts

Address (IRS master file)
823 W WARREN ST, SHELBY, NC 28150-5063
In care of
% KARLA HAYNES
Principal officer (990 for 2024)
Karla Haynes, 823 W Warren St, Shelby, NC 28150
Signed the 990
Karla Haynes, Executive Director
Phone
(704) 480-7701
Return prepared by
Darrell L Keller CPA PA

Mission

Develop single and multi-family affordable housing for low to moderate income indviduals and families and to qualify low and moderate income level individuals

990 for the year ended December 31, 2024

Program accomplishments

  • Develop single and multi-family affordable housing for low to moderate income individuals and families and to qualify low and moderate income level individuals for home ownership. Provide support services that include credit/budget counseling, financial education, mortgage default counseling and loss mitigation.
    Expenses $239,479 · revenue $246,751

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-1794362
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$992,227
Income (IRS master file)
$248,673

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$248,673$274,669$992,227XML
990December 2023$339,882$355,345$1,060,639XML
990December 2022$815,308$589,487$1,035,508IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 56-1794362).

Questions about CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP

What is the EIN of CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP?
The employer identification number (EIN) of CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP is 56-1794362.
Is CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP 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 CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP 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 CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP 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 CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 names Karla Haynes.
Who are the officers and directors of CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $68,517 (Karla Haynes, Executive Director).
How much revenue does CLEVELAND COUNTY COMMUNITY DEVELOPMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $248,673, expenses of $274,669 and total assets of $992,227 at year end.

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