Community Works
- Assets
- $26.0m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 40
- Location
- Greenville, SC
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 26-0421563
Organization Overview
Community Works is located in Greenville, SC. The organization was established in 2008. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Community Works employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Works 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, Community Works generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
COMMUNITYWORKS IS A PUBLICLY SUPPORTED ORGANIZATION AND CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES FUNDING TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT TO HELP STABILIZE LOW WEALTH FAMILIES AND COMMUNITIES IN THE STATE OF SOUTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITYWORKS IS A PUBLICLY SUPPORTED ORGANIZATION AND CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES FUNDING TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT TO HELP STABILIZE LOW WEALTH FAMILIES AND COMMUNITIES IN THE STATE OF SOUTH CAROLINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammie Hoy President/ce | Officer | 40 | $154,808 |
Mike Coggin Past Chair | Trustee | 1 | $0 |
Tammy C Propst Trustee | Trustee | 1 | $0 |
Jennifer Osgood Trustee | Trustee | 1 | $0 |
Ankoma D Anderson Trustee | Trustee | 1 | $0 |
Jalitha Moore Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $882,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,785,010 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,667,535 |
| Total Program Service Revenue | $2,494,939 |
| Investment income | $9,969 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $7,172,443 |
| 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. | $154,808 |
| Compensation of current officers, directors, key employees. | $30,962 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,953,897 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $162,604 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $129,853 |
| Royalties | $0 |
| Occupancy | $48,575 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,905 |
| Interest | $150,130 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,352 |
| Insurance | $26,512 |
| All other expenses | $83,920 |
| Total functional expenses | $3,533,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,388,630 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,814,295 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,166,248 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $64,238 |
| Net Land, buildings, and equipment | $2,253,660 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $338,298 |
| Total assets | $26,025,369 |
| Accounts payable and accrued expenses | $761,683 |
| Grants payable | $0 |
| Deferred revenue | $1,887,543 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $9,736,746 |
| Other liabilities | $163,016 |
| Total liabilities | $12,548,988 |
| Net assets without donor restrictions | $13,476,381 |
| 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 | $26,025,369 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Community Works has recieved totaling $660,771.
| Awarding Organization | Amount |
|---|---|
Opportunity Finance Network Philadelphia, PA PURPOSE: OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | $250,000 |
Hollingsworth Funds Inc Greenville, SC PURPOSE: GENERAL OPERATING SUPPORT FOR THE GREENVILLE HOUSING FUND, HOUSING FUNDS | $150,000 |
United Way Of Greenville County Incorporated Greenville, SC PURPOSE: DONOR DESIGNATION, PROGRAM ALLOCATION | $120,000 |
Sisters Of Charity Foundation Of South Carolina Cleveland, OH PURPOSE: Social Services | $40,000 |
Mary Black Foundation Inc Spartanburg, SC PURPOSE: SPARTANBURG AFFORDABLE HOUSING | $40,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity Of Collier County Inc Naples, FL | $122,499,137 | $30,188,706 |
The Glebe Inc Glen Allen, VA | $79,347,451 | $20,057,701 |
I M Sulzbacher Center For The Homeless Inc Jacksonville, FL | $19,053,781 | $20,126,235 |
Elderhomes Corp Richmond, VA | $14,660,799 | $21,894,456 |
Sunrise Northeast Inc Miami, FL | $3,715,475 | $18,670,620 |
St Andrews Residence Of The Diocese Of Southeast Florida Inc West Palm Beach, FL | $295,539 | $24,065,641 |
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 |
Miami Rescur Mission Broward Outreach Centers Inc Miami, FL | $28,818,894 | $17,146,687 |
Westminster Pines Inc Orlando, FL | $103,132,021 | $15,458,662 |
Alliance Foundation Of Florida Inc Fairfax, VA | $3,980,019 | $2,209,632 |