Community Advancement and Redevelopment

Housing & shelter organization based in Monroe, NC.0 Exempt under §501(c)(3).

MissionTHE CORPORATION IS ESTABLISHED FOR THE CHARITABLE PURPOSE OF DEVELOPING, SPONSORING, CREATING, OWNING, FINANCING, BUILDING, MAINTAINING AND GENERALLY PROVIDING HOUSING FOR INDIVIDUALS OR FAMILIES WITH LOW OR MODERATE INCOMES.

EIN
47-1775761
State
NC
Sector
Housing & shelter
Budget band
$2.5M–$5M
Latest filing
TY 2024
Records
—

Financial snapshot · TY 2024

$2.6M
Total revenue
$2.0M
Total expenses
$7.9M
Net assets

Financial health · TY 2024

93
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
41.9 months of expenses
Program efficiency
100
97.2% spent on programs
Revenue diversity
64
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Community Advancement and Redevelopment Executive Compensation | 990 Data | DoubleNine