CENTER FOR ECONOMIC EMPOWERMENT AND DEVELOPMENT CEED

FAYETTEVILLE, NC | Cumberland County
Community Services

Overview

CENTER FOR ECONOMIC EMPOWERMENT AND DEVELOPMENT CEED
58-1873977
230 HAY ST
FAYETTEVILLE, NC 28301
Cumberland County
(910) 323-3377

Mission Statement info

TO PROMOTE BOTH SMALL BUSINESS AND PERSONAL GROWTH, PRODUCTIVENESS AND WELL BEING THROUGH LOANS, PEER COUNSELING, EDUCATION, INFORMATION, AND OTHER ADVOCACY PROGRAMS THROUGHOUT CUMBERLAND COUNTY, NORTH CAROLINA.

Founded info
1989
Total Employees info
12
Total Volunteers info
10
CRA Category info
  • Community Services
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
P80

P - Human Services

Centers to Support the Independence of Specific Populations

Organizations that provide multipurpose centers or services that meet the needs and interests of a particular target population. Use this code for centers or services for special populations not specified below or for facilities that serve multiple special populations.

IRS Activity Codes info
602
Gifts, grants, or loans to other organizations
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624120
Services for the Elderly and Persons with Disabilities

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$734.5K
Revenue
$734.5K
Assets
$4.3M
Exempt Ruling Date info
1990-03
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
230 HAY ST
FAYETTEVILLE, NC 28301
Cumberland County
FIPS Geocoded Address info
22180
MSA/CBSA info
37
State info
051
County info
0038.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Fayetteville, NC
Combined Statistical Area info
Fayetteville-Sanford-Lumberton, NC
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 87.51%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0038.00 Cumberland County
Population
Total Population 2,995 332,861
Total Households 939 125,427
Income
Median Family Income (Census*) $26,429 $46,875
Median Family Income (2019 FFIEC) $56,500 N/A
Tract Income Percentage 50.35% N/A
Below Poverty Level 46.2% 18.4%
Unemployment Level 26.6% 8.5%
Housing
Total Housing Units 1,344 146,328
Total Owner-Occupied Units 21.6% 50.7%
Total Renter-Occupied Units 48.3% 49.3%
Total Vacant Units 30.1% 11.5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

16
Total Voting Members
in Governing Body
info
15
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
W L Tally
President
(910) 323-3377
Principal Officer info
W L Tally
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.