2025-03-31T08:53:28-04:00 2024-06-30 205141765 DONNA MOFFETT LLC PO BOX 1465 CORNELIUS NC 28031 990 2023-07-01 882751895 LAKE NORMAN COMMUNITY DEVELOPMENT CORPORATION LAKE 7048962870 19837 S MAIN ST CORNELIUS NC 28031 MICHELLE HOVERSON EXECUTIVE DIRECTOR 7048962870 2025-03-18 true true DONNA MOFFETT P00992295 7048957181 2025-03-18 2023 2025-03-06 01:10:19Z X MICHELLE HOVERSON 19837 S MAIN ST CORNELIUS NC 28031 498609 false X WWW.LAKENORMANCDC.ORG X 2022 NC A NON-PROFIT FOCUSED ON CHANGING PEOPLE'S LIVES THROUGH ADVANCING ATTAINABLE AFFORDABLE HOUSING IN THE LAKE NORMAN REGION. 9 9 1 9 0 74311 498609 0 0 0 74311 498609 0 0 32706 42483 0 1866 12253 71176 44959 113659 29352 384950 76666 414302 47314 0 29352 414302 A NON-PROFIT FOCUSED ON CHANGING PEOPLE'S LIVES THROUGH ADVANCING ATTAINABLE AFFORDABLE HOUSING IN THE LAKE NORMAN REGION. false false 208797 135000 FY24 WAS THE SECOND YEAR OF OUR ORGANIZATION. WE DEVELOPED THE GUIDELINES FOR OUR RENTAL BRIDGE, SENIOR AND HOME PRESERVATION PROGRAMS; BUILT OUR BOARD OF DIRECTORS, DEVELOPED POLICIES AND PROCEDURES ; COMMUNICATING WITH OUR COMMUNITY THE AVAILABILITY OF PROGRAMS; WORKING WITH MUNICIPALITIES TO ADVANCE NEW INITIATIVES AND APPLIED FOR FUNDING GRANTS. SENIOR RENT RELIEF AND RENTAL BRIDGE PROGRAMS WERE FULLY OPERATIONAL WITH 52 PERSONS RECEIVING ASSISTANCE. OUR HOME PRESERVATION FUND BECAME OPERATIONAL AND 2 HOMES RECEIVED CRITICAL HOME REPAIRS TO KEEP THE HOMES IN THE AFFORDABLE HOUSING INVENTORY. 208797 true true false false false false false false false 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 false false false false false false false false true 1 0 1 true false false false false false false false false X 9 9 false false false false false false false true true false false true true true false false false true false false NC X X MICHELLE HOVERSON 7048962870 19837 S MAIN ST CORNELIUS NC 28031 MICHELLE HOVERSON EXECUTIVE DI 20.00 X X 46500 0 0 MICHAEL CARTER DIRECTOR 4.00 X X 0 0 0 WAYNE HERON DIRECTOR 1.00 X 0 0 0 ZSUZI KADAR DIRECTOR 0.50 X 0 0 0 JOE LABOIVITZ DIRECTOR 1.00 X 0 0 0 MIKE MILTICH DIRECTOR 1.00 X X 0 0 0 JOE ROY DIRECTOR 1.00 X 0 0 0 GEORGE SEARLE DIRECTOR 4.00 X X 0 0 0 NANCY LONGWORTH THOMAS DIRECTOR 0.50 X 0 0 0 46500 false false false 70000 428609 498609 498609 X 39200 15680 22736 784 3283 1313 1904 66 1018 1018 11970 4517 7453 976 976 1754 1754 1998 799 1159 40 1972 1972 SENIOR RENT ASSISTANCE 33896 33896 RENTAL BRIDGE ASSISTANCE 9533 9533 HOME REPAIRS 8059 8059 113659 73797 37996 1866 76666 414302 76666 414302 47314 47314 0 X 29352 299146 115156 29352 414302 76666 414302 384950 X false false X 74311 498609 572920 74311 498609 572920 572920 572920 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 498609 498609 498609 113659 113659 113659 FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS FORM 990 WITH ALL OFFICERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE DIRECTOR COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS AND IS SUPPORTED BY AN EXECUTED EMPLOYMENT CONTRACT. FORM 990, PAGE 6, PART VI, LINE 18 YEAR-END FINANCIAL STATEMENTS AND FORM 990 POSTED TO WEBSITE, GUIDESTAR AND AVAILABLE UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 19 OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G WEBSITE EXPENSE 3,253 0 0 PROFESSIONAL FEES 1,264 7,453 0 TOTAL 4,517 7,453 0