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Nonprofit · EIN 82-2329303

FREEDOM COMMUNITIES

Tax-exempt · CHARLOTTE, NC 28208

Financials

$2.4M$1.9M2023$5.1M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of FREEDOM COMMUNITIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,056,122$2,097,269$2,958,853$8,797,859$2,591,309$6,206,550
December 31, 2023990$2,437,047$1,909,714$527,333$6,580,244$3,332,547$3,247,697
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,461,505
of which government grants
$599,506
Program service revenue
$556,629
Investment income
-$32,264
Net rental income
$71,827
Net gain from sales of assets
-$86,224
Other revenue
$70,252

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$180,523
Other salaries and wages
$704,891
Salaries, compensation and benefits (total)
$1,049,929
Professional fundraising fees
$20,045
Accounting fees
$34,082
Occupancy
$147,277
Depreciation
$74,239
Program services (functional)
$1,643,910
Management and general (functional)
$309,412
Fundraising (functional)
$143,947

Balance sheet and other

Total assets, start of year
$6,580,244
Total assets, end of year
$8,797,859
Total liabilities, end of year
$2,591,309
Net assets, end of year
$6,206,550
Land, buildings and equipment
$2,192,155
Net assets without donor restrictions
$4,169,116
Net assets with donor restrictions
$2,037,434
Gross receipts
$6,488,441
Employees
18
Volunteers
200
Year formed
2017
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
HANNAH BEAVERSEXECUTIVE DI
Officer
40$146,856
SUZANNE HUNTDIRECTOR
Trustee or director
5$33,667
RODNEY ADAMSDIRECTOR
Trustee or director
5$0
ELIZABETH COOPERDIRECTOR
Trustee or director
5$0
DAVID DOCUSENDIRECTOR
Trustee or director
5$0
CLAIRE MAGEE FERGUSONDIRECTOR
Trustee or director
5$0
MICHELLE HEWLETT-WYNNDIRECTOR
Trustee or director
5$0
DOUG IRMSCHERDIRECTOR
Trustee or director
5$0
SHAWN KENNEDYDIRECTOR
Trustee or director
5$0
MARK LINSZTREASURER
Trustee or director, Officer
10$0
BRANDY MILAZZODIRECTOR
Trustee or director
5$0
EVELYN MINTERDIRECTOR
Trustee or director
5$0
JOHN PARKERDIRECTOR
Trustee or director
5$0
TIM SITTEMABOARD CHAIR
Trustee or director, Officer
10$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
HANNAH BEAVERSEXECUTIVE DI
Officer
40$143,306
DAVID DOCUSENDIRECTOR
Trustee or director
5$0
MICHELLE HEWETT-WYNNDIRECTOR
Trustee or director
5$0
SUZANNE HUNTDIRECTOR
Trustee or director
5$0
DOUG IRMSCHERDIRECTOR
Trustee or director
5$0
SHAWN KENNEDYDIRECTOR
Trustee or director
5$0
MARK LINSZTREASURER
Trustee or director, Officer
10$0
BRANDY MILAZZODIRECTOR
Trustee or director
5$0
EVELYN MINTERDIRECTOR
Trustee or director
5$0
JOHN PARKERDIRECTOR
Trustee or director
5$0
TIM SITTEMABOARD CHAIR
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
3501 TUCKASEEGEE RD, CHARLOTTE, NC 28208-3051
In care of
% FREEDOME COMMUNITIES
Principal officer (990 for 2024)
HANNAH BEAVERS, 3501 TUCKASEEGEE RD, CHARLOTTE, NC 28208
Signed the 990
HANNAH BEAVERS, EXECUTIVE DIRECTOR
Phone
(704) 218-9775
Return prepared by
DAVIES GOLDSTEIN & ASSOCIATES CPA'S

Mission

WE DRIVE HOLISTIC FAMILY AND COMMUNITY TRANSFORMATION THROUGH INNOVATIVE PROGRAMS AND REAL ESTATE INVESTMENTS IN THE FREEDOM DRIVE CORRIDOR.

990 for the year ended December 31, 2024

Program accomplishments

  • FAMILY STABILITY: FREEDOM COMMUNITIES' MOMS MOVING FORWARD PROGRAM (MMF) TAKES A HOLISTIC AND COMMUNITY-BASED APPROACH TO DRIVE UPWARD MOBILITY AND FAMILY STABILITY FOR SINGLE MOTHERS AND THEIR CHILDREN. DURING OUR PAID 12 MONTH PROGRAM, WE WORK SIMULTANEOUSLY WITH EACH PARTICIPANT AND HER CHILD (REN), CONNECTING THEM TO HOLISTIC RESOURCES AS THEY BUILD A NETWORK OF SUPPORT WITH OTHER FAMILIES. AFTER LAUNCHING THE PROGRAM IN JULY OF 2020, WE HAVE SUCCESSFULLY LAUNCHED 11 COHORTS OF THE PROGRAM AND GRADUATED 9, IMPACTING 503 WOMEN AND CHILDREN.
    Expenses $847,555
  • EARLY EDUCATION: WE CENTER OUR PROGRAMMATIC WORK AROUND A TWO-GENERATION APPROACH COMBINING PARENT AND CHILD INTERVENTIONS TO BUILD FAMILY STRENGTH AND OPTIMAL CHILD DEVELOPMENT. WE PARTNER WITH MOTHERS IN OUR MOMS MOVING FORWARD PROGRAM, LINKING EACH MOTHER TO HOLISTIC RESOURCES TO SUPPORT THE EDUCATIONAL SUCCESS OF HER CHILD(REN). UPON LEARNING THAT THE CORRIDOR WAS A "CHILDCARE DESERT" FOR AGES 0-3, WE PARTNERED WITH A LOCAL LEADER AND PRESCHOOL PROVIDER RESPONSIBLE FOR GENERATING THE BEST READERS IN OUR NEIGHBORHOOD SCHOOLS TO EXPAND HER EXISTING CENTER ON-SITE AT OUR TUCK OPPORTUNITY HUB. THE CENTER OPENED IN JANUARY OF 2022 WITH SPACE FOR 77 CHILDREN.
    Expenses $275,862
  • HOUSING & ECONOMIC DEVELOPMENT: WE ARE PLACE-BASED, INTENTIONALLY LIMITING OUR GEOGRAPHIC SERVICE AREA TO GO DEEP AND WORK HOLISTICALLY WITH FAMILIES. WITH A TAGLINE OF "FAMILY-CENTERED COMMUNITY TRANSFORMATION", WE INVEST SIMULTANEOUSLY IN FAMILIES AND IN INFRASTRUCTURE SO THAT AS FAMILIES TRANSFORM, THEIR COMMUNITY DOES TOO. BEYOND MMF, WE CONTINUE TO INVEST IN THE DEVELOPMENT OF THE FREEDOM DRIVE CORRIDOR TO CREATE AN ENVIRONMENT IN WHICH ALL FAMILIES CAN THRIVE. WE HAVE LEVERAGED CROSS-SECTOR PARTNERSHIPS TO CREATE AFFORDABLE RENTAL AND HOMEOWNERSHIP OPPORTUNITIES. IN AUGUST 2024, WE LAUNCHED THE FREEDOM BUSINESS COLLECTIVE, A SMALL BUSINESS HUB PROVIDING AFFORDABLE OFFICE SPACE, NETWORKING EVENTS, AND EDUCATION/TRAINING TO SMALL BUSINESS OWNERS ON CHARLOTTE'S WEST SIDE.
    Expenses $520,493 · revenue $556,629

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
82-2329303
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,797,859
Income (IRS master file)
$6,488,441

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,056,122$2,097,269$8,797,859XML
990December 2023$2,437,047$1,909,714$6,580,244XML
990December 2022$2,615,175$1,498,660$5,776,301IRS
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 82-2329303).

Questions about FREEDOM COMMUNITIES

What is the EIN of FREEDOM COMMUNITIES?
The employer identification number (EIN) of FREEDOM COMMUNITIES is 82-2329303.
Is FREEDOM COMMUNITIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to FREEDOM COMMUNITIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEDOM COMMUNITIES 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 FREEDOM COMMUNITIES 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 FREEDOM COMMUNITIES 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 FREEDOM COMMUNITIES?
The 990 for the year ended December 31, 2024 names HANNAH BEAVERS.
Who are the officers and directors of FREEDOM COMMUNITIES?
The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $146,856 (HANNAH BEAVERS, EXECUTIVE DI).
How much revenue does FREEDOM COMMUNITIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,056,122, expenses of $2,097,269 and total assets of $8,797,859 at year end.

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