2024-10-09T11:22:54-04:00 2023-12-31 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2023-01-01 270428981 COMMUNITY EMPOWERMENT FUND COMM 9192000233 208 NORTH COLUMBIA STREET STE 100 CHAPEL HILL NC 27514 CAROLYN FRYBERGER TREASURER 9192000233 2024-09-24 true false AARON PATEL CPA P00963410 7044993893 2024-09-24 2023 2024-10-15 13:58:12Z CAROLYN FRYBERGER 208 NORTH COLUMBIA STREET STE 100 CHAPEL HILL NC 27514 1909382 false X HTTP://COMMUNITYEMPOWERMENTFUND.ORG/ X 2010 NC TO CULTIVATE OPPORTUNITIES, ASSETS, AND COMMUNITIES THAT SUPPORT THE ALLEVIATION OF HOMELESSNESS AND POVERTY. 12 12 45 162 0 1544981 1861769 0 6543 26303 2290 19060 1553814 1907132 0 0 627448 738448 0 51891 247019 938852 874467 1677300 679347 229832 2439677 2446988 609366 386845 1830311 2060143 TO CULTIVATE OPPORTUNITIES, ASSETS, AND COMMUNITIES THAT SUPPORT THE ALLEVIATION OF HOMELESSNESS AND POVERTY. false false 1425513 ADVOCATE PROGRAM: CONNECTED 929 FAMILIES, CONNECTING 1,676 HOUSEHOLD MEMBERS WITH ASSERTIVE SUPPORT, AND INNOVATING FINANCIAL TOOLS TO HELP THEM MEET THEIR SELF-DETERMINED GOALS. SPECIFIC OUTCOMES INCLUDE ASSISTING 65 INDIVIDUALS IN GAINING NEW EMPLOYMENT AND BENEFITS AND ASSISTING 55 HOUSEHOLDS IN MAKING SUCCESSFUL TRANSITIONS FROM HOMELESSNESS. 53050 SAVINGS PROGRAM: ENABLED 122 HOMELESS AND NEAR HOMELESS INDIVIDUALS TO SAVE 131,715 TOWARDS PERSONAL SAVINGS GOALS BY PROVIDING GOAL ORIENTED, MATCHED SAVINGS ACCOUNTS AND PERSONALIZED MONEY MANAGEMENT ASSISTANCE. THE PROGRAM ALSO PROVIDES LOW-INCOME INDIVIDUALS WITH FINANCIAL COACHING, JOB READINESS TRAINING, AND RELATIONSHIP-BASED SUPPORT FOR ACHIEVING GREATER FINANCIAL STABILITY. 1478563 true true false false false false false false true false true false false true false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 15 0 true 45 true false false false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false X STEVEN HORTON 9192000233 208 NORTH COLUMBIA STREET STE 100 CHAPEL HILL NC 27514 DONNA CARRINGTON EXECUTIVE DI 40.00 X 80227 0 0 LEANGELA BAKER DIRECTOR 1.00 X 0 0 0 KATIE BARNETT DIRECTOR 1.00 X 0 0 0 LATOYIA BORIA CO-CHAIR 1.00 X X 0 0 0 JOANNA BOWEN DIRECTOR 1.00 X 0 0 0 TESSA DELGO SECRETARY (7 1.00 X X 0 0 0 KAREN ELDRIDGE CO-CHAIR 1.00 X X 0 0 0 CAROLYN FRYBERGER TREASURER 1.00 X X 0 0 0 CHRIS JARRETT DIRECTOR 1.00 X 0 0 0 JESSIE MAXWELL DIRECTOR 1.00 X 0 0 0 RYAN REGAN DIRECTOR 1.00 X 0 0 0 ANANYA TADIKONDA SECRETARY (7 1.00 X X 0 0 0 CARL WELCH DIRECTOR 1.00 X 0 0 0 80227 false false false 1500 144142 1716127 1861769 26303 26303 21310 1500 2250 19060 19060 1907132 45363 80227 67046 10036 3145 535796 447771 67014 21011 5700 4653 773 274 62179 50752 8438 2989 54546 44587 7298 2661 8850 1970 4843 2037 71361 15885 39053 16423 6120 5599 309 212 4362 4203 159 1985 1782 119 84 3289 3194 31 64 8130 7299 487 344 51777 45102 4547 2128 5520 4855 271 394 CLIENT SERVICES 728053 728053 SAVINGS MATCH 22545 22545 PROGRAM SUPPLIES 19440 19379 36 25 OTHER EXP 3375 3374 1 4045 3888 58 99 1677300 1478563 146846 51891 573043 506394 1334210 1501864 299906 204058 1130 51000 1391 1391 12195 9016 4500 3179 225497 179102 2439677 2446988 54592 49338 199180 33249 125983 133019 229611 171239 609366 386845 X 1406143 2060143 424168 1830311 2060143 2439677 2446988 X 229832 X false true X true false X 651488 979797 1174648 1544981 1861769 6212683 651488 979797 1174648 1544981 1861769 6212683 1442745 4769938 11273 7892 1548 6516 26303 53532 36 21310 21346 6287561 0.75860 0.76980 X PART II, LINE 10 36 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 7480 7480 4715 1536 3179 3179 RIGHT OF USE ASSET 173371 ACCRUED INTEREST 3846 SECURITY DEPOSIT 1885 179102 X 1909382 1909382 -2250 -2250 1907132 1679550 1679550 -2250 -2250 1677300 SCHEDULE D, PAGE 2, PART IV, LINE 2B LOW INCOME CLIENTS WHO PARTICIPATE IN CEFS SAVINGS PROGRAM MAKE DEPOSITS TOWARDS THEIR SAVINGS GOALS WHICH ARE HELD IN ESCROW UNTIL THE CLIENT MEETS HIS OR HER SAVINGS GOAL. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) ON ITS EXEMPT FUNCTION INCOME AND IS CLASSIFIED BY THE IRS AS A PUBLICLY SUPPORTED ORGANIZATION. THE ORGANIZATION IS NOT AWARE OF ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2023 AND 2022. SCHEDULE D, PAGE 4, PART XI, LINE 4B FUNDRAISING EXPENSES INCLUDED IN PART VIII -2,250 SCHEDULE D, PAGE 4, PART XII, LINE 4B FUNDRAISING EXPENSES INCLUDED IN PART VIII -2,250 PIGGY BANK BASH 22810 1500 21310 625 1625 22810 1500 21310 625 1625 2250 19060 FORM 990, PAGE 6, PART VI, LINE 11B ALL MEMBERS OF THE BOARD OF DIRECTORS ARE PROVIDED WITH A COPY OF THE FORM 990 ELECTRONICALLY FOR THEIR REVIEW, REQUESTING WRITTEN AUTHORIZATION BEFORE SUBMISSION OF THE DOCUMENT. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY REGULARLY FOR ANY UPDATES TO THE POLICY, AND INCORPORATES SIGNING OF THE CONFLICT OF INTEREST DISCLOSURE FORMS AND COLLECTION OF THESE FORMS INTO THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A TO DETERMINE COMPENSATION FOR THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL AND KEY EMPLOYEES OF THE ORGANIZATION, THE BOARD OF DIRECTORS, MADE UP OF INDEPENDENT PERSONS, EVALUATES INFORMATION ABOUT COMPARABLE COMPENSATION AND DELIBERATES TO DETERMINE THE APPROPRIATE COMPENSATION RANGE FOR THE ORGANIZATION. DOCUMENTATION AND DELIBERATION IS RECORDED IN MEETING MINUTES OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15B TO DETERMINE COMPENSATION FOR THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL AND KEY EMPLOYEES OF THE ORGANIZATION, THE BOARD OF DIRECTORS, MADE UP OF INDEPENDENT PERSONS, EVALUATES INFORMATION ABOUT COMPARABLE COMPENSATION AND DELIBERATES TO DETERMINE THE APPROPRIATE COMPENSATION RANGE FOR THE ORGANIZATION. DOCUMENTATION AND DELIBERATION IS RECORDED IN MEETING MINUTES OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 FUNDRAISING EXPENSES INCLUDED IN PART VIII 2,250 FUNDRAISING EXPENSES INCLUDED IN PART VIII -2,250