Eagle Market Streets Development

Organization Overview

Eagle Market Streets Development is located in Asheville, NC. The organization was established in 1995. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Eagle Market Streets Development employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eagle Market Streets Development 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, Eagle Market Streets Development generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 60.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 40.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF EAGLE MARKET STREETS DEVELOPMENT CORPORATION, CDC IS TO DEVELOP PEOPLE, PROPERTY AND BUSINESSES AND ENVISIONS EQUITABLE, INCLUSIVE SOCIO-ECONOMIC JUSTICE FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BLOCK BY BLOCK II DEVELOPING ENTREPRENEURSHIP LOCALLY BY PROVIDING TRAINING BY BLOCK RESIDENTS TO GROW AND REFINE EXISTING MARKETABLE SKILLS. ALL OTHER PROGRAMS RELATE TO COMMUNITY AND PROPERTY DEVELOPMENT, ECONOMIC BUSINESS AND WORKFORCE DEVELOPMENT WHERE COMMUNITIES OF COLOR AND UNDERSERVED POPULATIONS ARE ELEVATED FROM POVERTY BY MEANS OF EDUCATION AND SOCIAL ENTREPRENEURSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie S Twitty
President Ce
$42,387
Marvin Chambers
Chair
$0
Lajune Waterford
Secretary
$0
Elizabeth Russell
Treasurer
$0
Mickey Ray
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$14,392
Fundraising events$0
Related organizations$0
Government grants $1,250,490
All other contributions, gifts, grants, and similar amounts not included above$1,687,751
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,952,633
Total Program Service Revenue$81,101
Investment income $33
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$13,956
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,019,811

Grants Awarded

Over the last fiscal year, Eagle Market Streets Development has awarded $652,000 in support to 7 organizations.

Grant RecipientAmount

INSTITUTE FOR PREVENTATIVE HEALTH

Org PageRecipient Profile

Fairview, NC

PURPOSE: HRSA DISBURSEMENT

$214,000

PINNACLE CDC DURHAM

Org PageRecipient Profile

Durham, NC

PURPOSE: HRSA DISBURSEMENT

$125,000

COMMUNITY FOUNDATION OF HENDERSON

Org PageRecipient Profile

Hendersonville, NC

PURPOSE: CO-THINKK AWARDS

$106,500

LA SEMILLA-NFC UNITED METHODIST

PURPOSE: HRSA DISTRIBUTION

$60,500

NEW LIFE CONNECTION

Org PageRecipient Profile

Raleigh, NC

PURPOSE: HRSA DISBURSEMENT

$60,500

TIA HART COMMUNITY RECOVERY PROGRAM

Org PageRecipient Profile

Raeford, NC

PURPOSE: HRSA DISBUSEMENT

$60,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Eagle Market Streets Development has recieved totaling $739,526.

Awarding OrganizationAmount
Z Smith Reynolds Foundation Inc

Winstonsalem, NC

PURPOSE: RACIAL JUSTICE COALITION PROJECT

$150,000
Robert Wood Johnson Foundation

Princeton, NJ

PURPOSE: 78813 STUDYING THE BLACK COMMUNITY'S VISION FOR AN

$133,686
Robert Wood Johnson Foundation

Princeton, NJ

PURPOSE: 78813 STUDYING THE BLACK COMMUNITY'S VISION FOR AN

$131,117
New Venture Fund

Washington, DC

PURPOSE: CAPACITY BUILDING

$100,000
Zebras Unite

Portland, OR

PURPOSE: To further organizatons mission

$35,000
Funders For Lesbian And Gay Issues Inc

New York, NY

PURPOSE: SOUTHERN RE-GRANTING PROJECT

$35,000
View Grant Recipient Profile

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