Community Link Programs Of Traveler Aid Society Of Central Carolinas I
- Assets
- $2.3m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 42
- Location
- Charlotte, NC
- Founding
- 09/1956
- Data as of
- 06/2022
- EIN
- 56-0530008
Organization Overview
Community Link Programs Of Traveler Aid Society Of Central Carolinas I, operating under the name Community Link, is located in Charlotte, NC. The organization was established in 1956. According to its NTEE Classification (P61) the organization is classified as: Travelers Aid, under the broad grouping of Human Services and related organizations. As of 06/2022, Community Link employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Link 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 06/2022, Community Link generated $5.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $5.8m during the year ending 06/2022. While expenses have increased by 1.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE INDIVIDUALS AND FAMILIES TO OBTAIN AND SUSTAIN SAFE, DECENT, AND AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMELESS TO HOUSING: EVERY DAY WE HELP INDIVIDUALS AND FAMILIES WHO ARE EXPERIENCING HOMELESSNESS IDENTIFY AND SECURE APPROPRIATE HOUSING. WHEN NEEDED, WE PAY RENTAL SUBSIDIES TO SUPPORT THEIR MOVES. WHILE IN THE PROGRAM, HOUSEHOLDS WORK WITH COUNSELORS (CASEWORKERS) TO ADDRESS THE ISSUES THAT LED TO HOMELESSNESS. WE SERVE VETERANS, PEOPLE WITH DISABILITIES, THOSE FLEEING DOMESTIC VIOLENCE, AND THE CHRONICALLY HOMELESS. DURING THE YEAR, WE HELPED 1,466 PEOPLE THROUGH OUR HOMELESS TO HOUSING PROGRAM.
ASSET BUILDING: WE HELP LOW TO MODERATE INCOME HOUSEHOLDS GROW SAVINGS, BUY A FIRST HOME, PREVENT FORECLOSURE, AND RECEIVE FREE TAX ASSISTANCE. INDIVIDUALS AND FAMILIES PARTICIPATE IN OUR FINANCIAL EMPOWERMENT WORKSHOPS THAT INCLUDE BUDGETING, SAVING, CREDIT REPAIR, AND BANKING/FINANCIAL PRODUCTS TO IMPROVE THEIR FINANCIAL HEALTH AND INDEPENDENCE. WE ALSO PROVIDE FREE TAX PREPARATION SERVICES TO HELP LOWER-INCOME PEOPLE FILE THEIR TAXES AND OBTAIN MUCH-NEEDED TAX REFUNDS. WE EDUCATED AND COUNCELED 648 INDIVIDUALS AND PREPARED 1,000 TAX RETURNS.OUR ORGANIZATION IS A HOUSING AND URBAN DEVELOPMENT (HUD) -APPROVED AGENCY AND SERVICES ARE PROVIDED BY CERTIFIED HOUSING COUNSELORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Floyd Davis President & CEO | Officer | 40 | $186,044 |
Rod Banks Secretary | OfficerTrustee | 2 | $0 |
Kathy Cummins Chair | OfficerTrustee | 2 | $0 |
Martha Borgese Vice-Chair | OfficerTrustee | 2 | $0 |
Joel Blevins Treasurer | OfficerTrustee | 2 | $0 |
Ana Aponte Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
True Homes Llc Building Homes For Community Link | 6/29/22 | $151,271 |
Cfsc Shared Services Hr & Finance | 6/29/22 | $193,128 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $323,717 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,378,314 |
| All other contributions, gifts, grants, and similar amounts not included above | $987,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,689,331 |
| Total Program Service Revenue | $5,761 |
| Investment income | $1,709 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $88,926 |
| Net Gain/Loss on Asset Sales | $111,964 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,931,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,207,121 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $147,954 |
| Compensation of current officers, directors, key employees. | $97,699 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,243,235 |
| Pension plan accruals and contributions | $30,640 |
| Other employee benefits | $245,489 |
| Payroll taxes | $103,905 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,323 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $390,491 |
| Advertising and promotion | $0 |
| Office expenses | $30,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $211,418 |
| Travel | $23,926 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,874 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,939 |
| Insurance | $16,249 |
| All other expenses | $0 |
| Total functional expenses | $5,768,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,047 |
| Savings and temporary cash investments | $12,611 |
| Pledges and grants receivable | $1,065,629 |
| Accounts receivable, net | $91,525 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $247,543 |
| Net Land, buildings, and equipment | $572,130 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $191,884 |
| Total assets | $2,277,369 |
| Accounts payable and accrued expenses | $272,687 |
| 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 | $729,380 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,002,067 |
| Net assets without donor restrictions | $821,528 |
| Net assets with donor restrictions | $453,774 |
| 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 | $2,277,369 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Community Link Programs Of Traveler Aid Society Of Central Carolinas I has recieved totaling $415,226.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Charlotte Charlotte, NC PURPOSE: PROGRAM OPERATING COSTS; RESTRICTED PROGRAM FUNDING TO ADVANCE CONTRACTED OUTCOMES; DONOR DESIGNATED 3RD PARTY FOR PROGRAM OPERATING COSTS | $250,114 |
National Community Reinvestment Coalition Inc Washington, DC PURPOSE: FIELD EMPOWERMENT FUND | $50,000 |
North Carolina Coalition To End Homelessness Inc Raleigh, NC PURPOSE: AID TO HOMELESS | $46,120 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $23,967 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $22,650 |
Homefree Usa Inc Landover, MD PURPOSE: Property purchased for renovation and sale ot low and moderate income potential home owners. | $22,375 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travelers Aid Of Metropolitan Atlanta Inc Atlanta, GA | $3,779,890 | $11,963,095 |
Community Link Programs Of Traveler Aid Society Of Central Carolinas I Charlotte, NC | $2,277,369 | $5,931,366 |
Ronald Mcdonald House Of Charlotte Inc Charlotte, NC | $13,355,862 | $2,572,278 |
Blue Trunk Foundation Inc Charlottesville, VA | $277,298 | $35,395 |
Floyd Friends Of Asylum Seekers Floyd, VA | $9,616 | $58,185 |