Urban League Of Central Carolinas Inc
- Assets
- $2.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 21
- Location
- Charlotte, NC
- Founding
- 04/1979
- Data as of
- 06/2022
- EIN
- 56-1218704
Organization Overview
Urban League Of Central Carolinas Inc is located in Charlotte, NC. The organization was established in 1979. According to its NTEE Classification (P22) the organization is classified as: Urban League, under the broad grouping of Human Services and related organizations. As of 06/2022, Urban League Of Central Carolinas Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban League Of Central Carolinas Inc 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, Urban League Of Central Carolinas Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 2.0% 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 ADVOCATE FOR AND EQUIP AFRICAN AMERICANS AND ALL UNDERSERVED COMMUNITIES WITH THE TOOLS TO ACHIEVE SOCIAL AND ECONOMIC EQUALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREERBRIDGE WORKFORCE TRAINING - IS A PROGRAM ADDRESSES THE NEED FOR MIDDLE-SKILL EMPLOYMENT WITHIN PROGRESSIVE CAREER PATHS THROUGH EDUCATION, TRAINING AND PLACEMENT. ULCC ENCOMPASSES EDUCATION, CERTIFICATION TRAINING IN HIGH-DEMAND, LOW-SUPPLY FIELDS (EG;HVAC , MEDICAL CODING). SOFT SKILLS DEVELOPMENT,FINANCIAL LITERACY AND JOB PLACEMENT ACTIVITIES ARE INTEGRATED INTO EVERY PROGRAM ASPECT.SERVED: 780; PARTICIPATED 300; POSITIVE OUTCOME: 76%.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Bachman Treasurer | OfficerTrustee | 1 | $0 |
Timothy Hughes Secretary | OfficerTrustee | 1 | $0 |
Aenis S Harris Jr Co-Vice Chair | Trustee | 1 | $0 |
Lester A Mccorn Co-Vice Chair | Trustee | 1 | $0 |
Dr Kinneil Coltman Chair | OfficerTrustee | 1 | $0 |
Tammy L Jones At Large Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $111,638 |
| Membership dues | $1,300 |
| Fundraising events | $372,464 |
| Related organizations | $0 |
| Government grants | $331,523 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,280,347 |
| Noncash contributions included in lines 1a–1f | $43,620 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,097,272 |
| Total Program Service Revenue | $0 |
| Investment income | $91 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $38,875 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$169,364 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,972,746 |
| 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. | $171,938 |
| Compensation of current officers, directors, key employees. | $101,015 |
| Compensation to disqualified persons | $698,800 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $19,471 |
| Other employee benefits | $23,736 |
| Payroll taxes | $35,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $300,871 |
| Advertising and promotion | $31,929 |
| Office expenses | $25,910 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,564 |
| Travel | $16,432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59,600 |
| Payments to affiliates | $2,500 |
| Depreciation, depletion, and amortization | $87,180 |
| Insurance | $28,975 |
| All other expenses | $44,082 |
| Total functional expenses | $2,140,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $977,509 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $380,920 |
| 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 | $27,395 |
| Net Land, buildings, and equipment | $917,952 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,303,776 |
| Accounts payable and accrued expenses | $150,626 |
| Grants payable | $0 |
| Deferred revenue | $3,000 |
| 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 | $1,298,848 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,305 |
| Total liabilities | $1,464,779 |
| Net assets without donor restrictions | -$440,246 |
| Net assets with donor restrictions | $1,279,243 |
| 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 | $2,303,776 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Urban League Of Greater Atlanta Inc Atlanta, GA | $7,057,739 | $14,347,353 |
Urban League Of Middle Tennessee Nashville, TN | $6,617,743 | $2,762,516 |
Urban League Of Central Carolinas Inc Charlotte, NC | $2,303,776 | $1,972,746 |
Knoxville Area Urban League Knoxville, TN | $8,727,233 | $4,309,461 |
Urban League Of The Upstate Greenville, SC | $469,410 | $1,777,742 |
Winston-Salem Urban League Winston Salem, NC | $680,049 | $1,541,925 |
Columbia Urban League Inc Columbia, SC | $3,057,847 | $2,587,840 |
Urban League Of Hampton Roads Inc Norfolk, VA | $1,146,287 | $1,285,027 |
Memphis Urban League Inc Memphis, TN | $696,221 | $640,200 |
Urban League Of Greater Columbus Inc Columbus, GA | $0 | $479,147 |
Greenville Urban League Seniors House Columbia, SC | $1,109,377 | $437,887 |
Urban League Of Greater Richmond Petersburg, VA | $371,308 | $303,564 |
United Cerebral Palsy Of Georgia Foundation Inc Atlanta, GA | $14,807 | $0 |
Urban League Of The Upstate Inc Foundation Greenville, SC | $0 | $0 |