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Nonprofit · EIN 56-1975829

SELF-HELP COMMUNITY DEVELOPMENT CORP

Tax-exempt · DURHAM, NC 27701

Financials

$4.8M$5.6M2023$6M$6.8M2024
Revenue Expenses · by fiscal year end
Financials of SELF-HELP COMMUNITY DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,994,517$6,752,117-$757,600$106,136,720$103,220,926$2,915,794
December 31, 2023990$4,800,389$5,574,945-$774,556$66,272,444$62,599,050$3,673,394
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$205,000
Program service revenue
$5,226,794
Investment income
$544,277
Other revenue
$18,446

Expenses

Grants and similar amounts paid
$50,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$20,398
Occupancy
$2,212,677
Depreciation
$1,586,375
Program services (functional)
$6,731,719
Management and general (functional)
$20,398

Balance sheet and other

Total assets, start of year
$66,272,444
Total assets, end of year
$106,136,720
Total liabilities, end of year
$103,220,926
Net assets, end of year
$2,915,794
Land, buildings and equipment
$84,129,764
Net assets without donor restrictions
$2,915,794
Gross receipts
$5,994,517
Employees
0
Year formed
1996
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 / weekCompensationFrom related orgsOther / benefits
Randy ChambersTreasurer
Officer
1$0$101,573$41,313
Al BonnerDirectorStaff
Trustee or director
1$0$104,214$32,635
Martin EakesDirector CEO
Trustee or director, Officer
1$0$100,961$35,827
Tucker BartlettDirectorPresident
Trustee or director, Officer
1$0$106,622$25,657
Stephanie Barnes-SimmsDirectorStaff
Trustee or director
1$0$109,776$22,291
Emily YeattsSecretaryStaff
Officer
1$0$112,605$5,483
Crystal GermanDirectorStaff
Trustee or director
1$0$72,234$39,027
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Randy ChambersTreasurer
Officer
1$0$96,777$40,752
Al BonnerDirectorStaff
Trustee or director
1$0$99,708$32,090
Martin EakesDirector CEO
Trustee or director, Officer
1$0$97,699$33,733
Stephanie Barnes-SimmsDirectorStaff
Trustee or director
1$0$104,909$22,096
Tucker BartlettDirectorPresident
Trustee or director, Officer
1$0$103,551$22,805
Emily YeattsSecretaryStaff
Officer
1$0$108,115$10,896
Crystal GermanDirectorStaff
Trustee or director
1$0$69,403$37,980

Address and contacts

Address (IRS master file)
301 W MAIN ST, DURHAM, NC 27701-3215
In care of
% TUCKER BARTLETT
Principal officer (990 for 2024)
Tucker Bartlett, 301 W Main Street, Durham, NC 277013227
Signed the 990
TUCKER BARTLETT, President
Phone
(919) 956-4400

Mission

Self-Help Community Develop. Corp.s mission is to create and preserve affordable housing for low-income persons and distressed communities. The primary activities are 1. Preservation of affordable rental housing 2. Renovation of existing homes 3. Construction of new homes.

990 for the year ended December 31, 2024

Program accomplishments

  • In 2024, Self-Help Community Development Corporation operated affordable housing programs in four locations within North Carolina: Charlotte, Chapel Hill, Rocky Mount, and Durham.SHCDC undertook several affordable housing activities accross these geographies. 1) SHCDC owned and operated affordable housing rental housing in Charlottes Grier Heights neighborhood, leasing 34 garden apartments to low-income tenants at the Grierton Square project. 2) In Chapel Hill, SHCDC managed the rehabilitation of properties held in a community land bank in the Northside neighborhood. SHCDC sold the property with approvals for development of two units to Empowerments, Inc., a partner organization that will operate the units as affordable rental housing for low-income households. The land bank also held 6 properties in various stages of the development process. **continued on 4b below**
    Expenses $6,731,719 · grants $205,000 · revenue $5,226,794
  • 3) In Rocky Mount, SHCDC continued its work on a portfolio of residential properties, completing construction of 3 new homes for affordable homeownership, all of which will be or have been sold to low-income households. As of the end of 2024, SHCDC leased 39 units in 22 properties to low-income households. Two-thirds of these units are rented at rates affordable to households earning 60% of AMI and the remainder to households earning 80% of AMI. 4) In 2024, SHCDC acquired 224 affordable apartments approximately in Durham, where affordable housing is increasingly scarce. Including this last project SHCDC now owns and will retain long-term 454 affordable rental housing units in Durham, providing high-quality, affordable housing to very low-to low-income families.

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
56-1975829
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$106,136,720
Income (IRS master file)
$5,994,517

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,994,517$6,752,117$106,136,720IRS
990December 2023$4,800,389$5,574,945$66,272,444XML
990December 2022$961,123$977,263$9,493,771IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 56-1975829).

Questions about SELF-HELP COMMUNITY DEVELOPMENT CORP

What is the EIN of SELF-HELP COMMUNITY DEVELOPMENT CORP?
The employer identification number (EIN) of SELF-HELP COMMUNITY DEVELOPMENT CORP is 56-1975829.
Is SELF-HELP COMMUNITY DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to SELF-HELP COMMUNITY DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does SELF-HELP 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 SELF-HELP 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 SELF-HELP 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 SELF-HELP COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 names Tucker Bartlett.
Who are the officers and directors of SELF-HELP COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does SELF-HELP COMMUNITY DEVELOPMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,994,517, expenses of $6,752,117 and total assets of $106,136,720 at year end.

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