Nonprofit · EIN 85-2431526
HAYWOOD STREET COMMUNITY DEVELOPMENT
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $612,596 | $408,829 | $203,767 | $12,100,673 | $5,071,400 | $7,029,273 |
| December 31, 2024 | 990 | $1,686,263 | $364,528 | $1,321,735 | $7,978,601 | $1,153,281 | $6,825,320 |
| December 31, 2023 | 990 | $2,486,572 | $155,706 | $2,330,866 | $6,437,086 | $933,671 | $5,503,415 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $552,327
- of which government grants
- $67,867
- Program service revenue
- $0
- Investment income
- $35,281
- Net income from fundraising events
- $889
- Other revenue
- $24,988
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $80,670
- Salaries, compensation and benefits (total)
- $86,011
- Professional fundraising fees
- $0
- Accounting fees
- $12,593
- Occupancy
- $3,996
- Depreciation
- $23,673
- Program services (functional)
- $336,340
- Management and general (functional)
- $72,489
Balance sheet and other
- Total assets, start of year
- $7,978,601
- Total assets, end of year
- $12,100,673
- Total liabilities, end of year
- $5,071,400
- Net assets, end of year
- $7,029,273
- Land, buildings and equipment
- $10,909,117
- Publicly traded securities
- $606,311
- Net assets without donor restrictions
- $5,603,623
- Net assets with donor restrictions
- $1,425,650
- Gross receipts
- $624,812
- Employees
- 0
- Volunteers
- 17
- Year formed
- 2020
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Brian Combs | Founding Pastor Officer | 10 | $0 | $8,659 | $102,326 |
| Laurie Kirby | Executive Director Officer | 12 | $0 | $72,408 | $19,431 |
| Laurie Shea | Director of Housing Officer | 40 | $0 | $69,816 | $10,457 |
| Caroline Proctor | Chair Trustee or director, Officer | 0.75 | $0 | $0 | $0 |
| Dale Freudenberger | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Carrie Pettler | Secretary Trustee or director, Officer | 0.75 | $0 | $0 | $0 |
| Walker Strickland | Officer at Large Trustee or director, Officer | 0.75 | $0 | $0 | $0 |
| Rob Weigle | Board Member/Ad Hoc EC Trustee or director | 0.75 | $0 | $0 | $0 |
| Jeanette King | Board Member Trustee or director | 0.4 | $0 | $0 | $0 |
| McKenzie Dillingham | Board Member Trustee or director | 0.4 | $0 | $0 | $0 |
| Donna Ball | Board Member Trustee or director | 0.4 | $0 | $0 | $0 |
| Mark Collins | Board Member Trustee or director | 0.4 | $0 | $0 | $0 |
| Kayla Denham | Board Member Trustee or director | 0.4 | $0 | $0 | $0 |
| Tyrone Greenlee | Board Member Trustee or director | 0.4 | $0 | $0 | $0 |
| Bill Haggard | Board Member Trustee or director | 0.4 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Pamela Hamrick | Board Member Trustee or director | 0.4 | $0 |
| Bridget King | Board Member Trustee or director | 0.4 | $0 |
| Bill Robinson | Board Member Trustee or director | 0.4 | $0 |
| Eva Hook | Board Member Trustee or director | 0.4 | $0 |
| Angela Harrell | Board Member Trustee or director | 0.4 | $0 |
| Ashley Gragtmans | Board Member Trustee or director | 0.4 | $0 |
| Katie Ramage | Board Member Trustee or director | 0.4 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Laurie Shea | Director of Housing Officer | 40 | $0 | $55,087 | $4,899 |
| McKenzie Dillingham | Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Caroline Proctor | Vice Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Dale Freudenberger | Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Carrie Pettler | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Walker Strickland | Officer at Large Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Rob Weigle | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Jeanette King | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Donna Ball | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Mark Collins | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Kayla Denham | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Tyrone Greenlee | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Bill Haggard | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Pamela Hamrick | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Bridget King | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Bill Robinson | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Eva Hook | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Angela Harrell | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Ashley Gragtmans | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Katie Ramage | Board Member Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| McKenzie Dillingham | Chair Trustee or director, Officer | 5 | $0 |
| Meredith Ellison | Vice Chair Trustee or director, Officer | 5 | $0 |
| Dale Freudenberger | Treasurer Trustee or director, Officer | 2 | $0 |
| Kathy Robinson | Secretary Trustee or director, Officer | 2 | $0 |
| Walker Strickland | Officer at Large Trustee or director, Officer | 5 | $0 |
| Donna Ball | Board Member Trustee or director | 2 | $0 |
| Jim Barrett | Board Member Trustee or director | 2 | $0 |
| Mark Collins | Board Member Trustee or director | 2 | $0 |
| Tyrone Greenlee | Board Member Trustee or director | 2 | $0 |
| Bill Haggard | Board Member Trustee or director | 2 | $0 |
| Pamela Hamick | Board Member Trustee or director | 2 | $0 |
| Corry Hyde | Board Member Trustee or director | 2 | $0 |
| Bridget King | Board Member Trustee or director | 2 | $0 |
| Jeanette King | Board Member Trustee or director | 2 | $0 |
| Carrie Pettler | Board Member Trustee or director | 2 | $0 |
| Caroline Proctor | Board Member Trustee or director | 2 | $0 |
| Bill Robinson | Board Member Trustee or director | 2 | $0 |
| Teresa Stephens | Board Member Trustee or director | 2 | $0 |
| Paul West | Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 297 HAYWOOD ST, ASHEVILLE, NC 28801-2618
- In care of
- % LAURA KIRBY
- Principal officer (990 for 2025)
- Laurie Shea, 297 Haywood St, Asheville, NC 28801
- Signed the 990
- Laurie Shea, Director of Housing
- Phone
- (828) 575-2477
- Website
- www.haywoodstreethousing.org
- Return prepared by
- CORLISS & SOLOMON PLLC
Mission
Dignity through dwellings, connection through community.
Program accomplishments
- In 2025, HSCDs primary focus was on the construction of our 41-unit Affordable Housing Community. While construction began in 2024, post-Hurricane Helene brought forth needed changes, for instance, the purchase and installation of a generator. Additionally, HSCD raised funds to purchase and install washer and dryer appliances for each unit. We engaged with our community and held construction gatherings to continue to raise awareness and anticipation.Expenses $336,340 · revenue $24,099
- HSCD Board of Directors chose a name for the West Haywood Street Apartments, choosing a matriarch of the WECAN Community (West End Clingman Avenue Neighborhood), Gloria Howard Free lovingly known as Lady Gloria. While construction was delayed HSCD moved forward and held our Building Consecration in late fall of 2025.
- Additionally, looking forward to possible future development HSCD went under contract for the purchase of land located at 131 McDowell Street, Asheville with Duke Energy. By the end of 2025 HSCD was in the due diligence period and evaluating the land.
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 | 990 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
- 85-2431526
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $12,100,673
- Income (IRS master file)
- $624,812
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $612,596 | $408,829 | $12,100,673 | XML |
| 990 | December 2024 | $1,686,263 | $364,528 | $7,978,601 | XML |
| 990 | December 2023 | $2,486,572 | $155,706 | $6,437,086 | XML |
| 990 | December 2022 | $2,978,321 | $121,017 | $3,376,336 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 85-2431526).
Questions about HAYWOOD STREET COMMUNITY DEVELOPMENT
- What is the EIN of HAYWOOD STREET COMMUNITY DEVELOPMENT?
- The employer identification number (EIN) of HAYWOOD STREET COMMUNITY DEVELOPMENT is 85-2431526.
- Is HAYWOOD STREET COMMUNITY DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to HAYWOOD STREET COMMUNITY DEVELOPMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HAYWOOD STREET COMMUNITY DEVELOPMENT 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 HAYWOOD STREET COMMUNITY DEVELOPMENT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HAYWOOD STREET COMMUNITY DEVELOPMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HAYWOOD STREET COMMUNITY DEVELOPMENT?
- The 990 for the year ended December 31, 2025 names Laurie Shea.
- Who are the officers and directors of HAYWOOD STREET COMMUNITY DEVELOPMENT?
- The 990 for the year ended December 31, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does HAYWOOD STREET COMMUNITY DEVELOPMENT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $612,596, expenses of $408,829 and total assets of $12,100,673 at year end.
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All nonprofits in ASHEVILLE · North Carolina · Housing and shelter