Ujima Community Developmentcorporation is located in Winston Salem, NC. The organization was established in 2007. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ujima Community Developmentcorporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ujima Community Developmentcorporation generated $489.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $533.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONSTRUCTION AND MAINTAINANCE OF A SENIOR LIVING FACILITY FOR RESIDENTS OF EAST WINSTON SALEM, NC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES A QUALITY AND AFFORDABLE HOUSING COMPLEX FOR SENIOR RESIDENTS OF WINSTON SALEM, NC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara Lee Treasurer | OfficerTrustee | 5 | $0 |
Hobart Jones Vice President | OfficerTrustee | 10 | $0 |
Carolyn Hardin Secretary | OfficerTrustee | 5 | $0 |
Cornelius Sadler President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $2,018 |
Related organizations | $0 |
Government grants | $20,000 |
All other contributions, gifts, grants, and similar amounts not included above | $5,933 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,951 |
Total Program Service Revenue | $0 |
Investment income | $39 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $461,075 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $489,065 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $11,900 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,661 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $158,963 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $228,657 |
Insurance | $11,450 |
All other expenses | $2,706 |
Total functional expenses | $533,659 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $245,043 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $75 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $5,238,965 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,920 |
Total assets | $5,491,003 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,434,039 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,847,680 |
Total liabilities | $5,281,719 |
Net assets without donor restrictions | $209,284 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,491,003 |
Over the last fiscal year, we have identified 1 grants that Ujima Community Developmentcorporation has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Arbor Acres United Methodist Retirement Community Inc Winstonsalem, NC | $155,220,604 | $40,394,713 |
Chapel Hill Residential Retirement Center Inc Chapel Hill, NC | $120,640,930 | $31,949,437 |
Carolina Village Inc Hendersonville, NC | $124,169,436 | $34,185,742 |
Galloway Ridge Inc Pittsboro, NC | $130,866,786 | $36,150,184 |
Virginia Lutheran Homes Inc Roanoke, VA | $83,707,371 | $28,580,430 |
The Glebe Inc Glen Allen, VA | $79,347,451 | $20,057,701 |
Cypress Of Charlotte Club Inc Charlotte, NC | $4,602,507 | $19,033,502 |
Lavender Mountain Senior Living Inc Mount Berry, GA | $141,195,331 | $5,176,789 |
Cypress Club Inc Hilton Head Island, SC | $31,122,152 | $20,067,120 |
Alliance Foundation Of Florida Inc Fairfax, VA | $3,980,019 | $2,209,632 |
Skidaway Health And Living Services Inc Savannah, GA | $89,340,251 | $17,567,308 |
Lake Prince Center Inc Newton, NC | $22,105,583 | $13,762,352 |