SELF HELP VENTURES FUND | ENGLEWOOD INVESTMENT CORPORATION

DURHAM, NC | Durham County
Community Services

Overview

SELF HELP VENTURES FUND | ENGLEWOOD INVESTMENT CORPORATION
58-1562750
301 W MAIN ST
DURHAM, NC 27701
Durham County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • NMTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S31

S - Community Improvement, Capacity Building

Urban & Community Economic Development

Organizations that provide technical assistance, loans, loan guarantees or other forms of management support to help impoverished urban communities create local jobs, sustain local services and build healthier local economies.

IRS Activity Codes info
400
Area development, redevelopment of renewal
403
Attracting new industry or retaining industry in an area
405
Loans or grants for minority businesses
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/19/2014
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2018 $6,750,000 Capital Magnet Fund open_in_new Self-Help Ventures Fund
2021 $1,826,265 CDFI Rapid Response Program (COVID-19) open_in_new Self-Help Ventures Fund
2013 $43,000,000 New Markets Tax Credit open_in_new Self-Help Ventures Fund
2021 $55,000,000 New Markets Tax Credit open_in_new Self-Help Ventures Fund

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$98.2M
Revenue
$95.5M
Assets
$1B

IRS Business Master File Details info

As of Oct 2023
Exempt Ruling Date info
1984-05
Deductibility Status info
Deductible
Last Tax Filing info
2022
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
Basis for Foundation/Public Charity Status info
Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above 509(a)(3)

IRS Publication 78 Details info

As of Nov 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A supporting organization, unspecified type

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12

Nonprofit Location

Physical Address info
301 W MAIN ST
DURHAM, NC 27701
Durham County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
20500
MSA/MD info
37
State info
063
County info
0022.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
20500 - Durham-Chapel Hill, NC
Combined Statistical Area info
450 - Raleigh-Durham-Cary, NC
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 33.40%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0022.00 Durham County
Population
Total Population 3,177 325,101
Total Households 1,323 135,469
Income
Median Family Income (Census*) $128,036 $74,927
Median Family Income (2023 FFIEC est.) $108,500 $108,500
Tract Income Percentage 151.04% N/A
Below Poverty Level 21.1% 12.3%
Unemployment Level 3.8% 4.3%
Housing
Total Housing Units 1,581 145,518
Total Owner-Occupied Units 21.0% 55.4%
Total Renter-Occupied Units 62.7% 44.6%
Total Vacant Units 16.3% 6.8%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

10
Total Voting Members
in Governing Body
info
9
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Laura Benedict
(919) 956-4430
Principal Officer info
Laura Benedict
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower 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
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-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 help.findcra.com.