Native Opportunity Way Community Development Corporation Inc
- Assets
- $349.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hollister, NC
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 56-2168658
Organization Overview
Native Opportunity Way Community Development Corporation Inc is located in Hollister, NC. The organization was established in 2000. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, 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. Native Opportunity Way Community Development Corporation 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 12/2023, Native Opportunity Way Community Development Corporation Inc generated $48.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $42.9k during the year ending 12/2023. While expenses have increased by 30.1% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTED THE SOCIAL AND ECONOMIC SELF-SUFFICIENCY OF THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Barnes Board Chair | 1 | $0 | |
Ava Richardson Secretary | 1 | $0 | |
Stacey Richardson Director | 1 | $0 | |
Al Richardson Director | 1 | $0 | |
Mike Richardson Director | 1 | $0 | |
Robin Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,323 |
| Total Program Service Revenue | $42,689 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,254 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,692 |
| Total expenses | $42,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,051 |
| Other assets | $0 |
| Total assets | $349,027 |
| Total liabilities | $284,646 |
| Net assets or fund balances | $64,381 |