2023-11-07T14:10:21-06:00 2022-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2022-01-01 561609175 CHARLOTTE REGIONAL REALTOR ASSOC HOUSING OPPORTUNITY FOUNDATION CHAR 7049403148 1120 PEARL PARK WAY 200 CHARLOTTE NC 28204 ANNE MARIE DECATSYE CEO 7049403148 2023-11-02 1 ANNE MARIE DECATSYE 999009999 0 PAULA WENDLING P00536805 7043771678 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CANOPY HOUSING FOUNDATION ANNE MARIE DECATSYE 1120 PEARL PARK WAY 200 CHARLOTTE NC 28204 568701 0 X WWW.CANOPYHOUSINGFOUNDATION.ORG X 1985 NC REALTORS CREATING HOUSING OPPORTUNITIES THROUGH ADVOCACY, EDUCATION, FUNDING AND LEADERSHIP. 18 18 0 600 0 0 475735 518456 0 0 3279 229 -17882 -9216 461132 509469 109548 130445 0 0 0 0 0 0 86043 333562 328497 443110 458942 18022 50527 2010464 1940924 116055 136742 1894409 1804182 X CANOPY HOUSING FOUNDATION IS THE CHARITABLE ARM OF THE CANOPY REALTOR ASSOCIATION AND ACTIVELY SUPPORTS THE FULL HOUSING CONTINUUM FROM HOMELESSNESS TO HOMEOWNERSHIP; PROMOTES AFFORDABLE HOMEOWNERSHIP; PROVIDES FUNDING TO CREATE HOUSING OPPORTUNITIES; AND POSITIONS AND DEVELOPS REALTORS AS LEADERS IN PHILANTHROPIC ACTIVITIES. 0 0 214448 REALTORS (R) CARE DAY IS AN ANNUAL COMMUNITY SERVICE PROJECT COORDINATED BY THE FOUNDATION WHERE APPROXIMATELY 400 REALTOR VOLUNTEERS WORKED TO PROVIDE CRITICAL HOME REPAIRS FOR 15 HOMES AND FACILITIES IN MECKLENBURG, IREDELL AND HAYWOOD COUNTIES ON APRIL 29TH, 2022. INCLUDED IN THE PROJECT WERE REPAIRS MADE TO THE FACILITIES OF THREE NON-PROFIT AGENCIES: HOPE HAVEN AND MCCREESH PLACE IN CHARLOTTE, NC AND CHILDREN'S HOPE ALLIANCE IN TROUTMAN, NC. IN ADDITION, TWO SEPARATE FOOD DRIVES WERE HELD IN CONJUNCTION WITH THE PROJECT WITH ALMOST 8,000 LBS OF FOOD COLLECTED FOR AREA FOOD PANTRIES. IN SELECTING WORK SITES, THE FOUNDATION WORKS WITH LOCAL HOUSING PARTNERS AND LOCAL MUNICIPALITIES TO IDENTIFY ELIGIBLE HOMEOWNERS, WHO THEN GO THROUGH A DETAILED APPLICATION AND VERIFICATION PROCESS. SINCE ITS INCEPTION 13 YEARS AGO, THIS PROJECT HAS ASSISTED 300 FAMILIES AND NON-PROFIT ORGANIZATIONS. 92848 91000 THE FOUNDATION CONTRIBUTED TO LOCAL NONPROFIT ORGANIZATIONS WHOSE PURPOSE IS ADDRESSING UNMET HOUSING NEEDS AND AFFORDABLE WORKFORCE HOUSING NEEDS IN THE GREATER CHARLOTTE AREA AND HAYWOOD COUNTY THROUGH ITS TWO GRANT PROGRAMS. 1) HABITAT SUPPORT PROGRAM ($21,000) 7 REGIONAL AREA HABITAT FOR HUMANITY ORGANIZATIONS WERE GRANTED RESTRICTED PROGRAMMING SUPPORT TO CONTINUE THEIR WORK ON BEHALF OF AFFORDABLE HOUSING. 2) COMMUNITY GRANTS PROGRAM ($60,000) 19 NONPROFIT ORGANIZATIONS WERE GRANTED RESTRICTED PROGRAMMING SUPPORT TO ADDRESS UNMET HOUSING NEEDS ACROSS A THREE-COUNTY SERVICE AREA (MECKLENBURG, IREDELL AND HAYWOOD). IN ADDITION TO THE GRANT FUNDING, THE FOUNDATION HONORS AN INDIVIDUAL, PROJECT OR ORGANIZATION THROUGH ITS ANNUAL HUMANITARIAN AWARD ($5,000); AS PART OF THAT HONOR, THE RECIPIENT IS ASKED TO DESIGNATE A NON-PROFIT TO RECEIVE A CONTRIBUTION ON THEIR BEHALF. IN 2022, THE ORGANIZATION CHOSEN AS THE RECIPIENT OF THE HUMANITARIAN AWARD WAS HEARTS & HANDS FOOD PANTRY IN HUNTERSVILLE, NC. IN 2019, THE FOUNDATION OFFICIALLY LAUNCHED THE YOUTH EXCELLENCE IN SERVICE AWARD (YES) TO HONOR EXTRAORDINARY YOUTH FOR THEIR CHARITABLE CONTRIBUTIONS TO THE COMMUNITY. AS A RESULT OF RECEIVING THE AWARD, THE RECIPIENT IS ABLE TO DESIGNATE A NON-PROFIT TO RECEIVE A $500 DONATION FROM THE FOUNDATION. IN 2022, THE CHOSEN RECIPIENT WAS BEEMER INC. THE AWARD WAS LEVERAGED AND HELPED TO RAISE $7,000 TO ASSIST CHILDREN SERVICED BY ATRIUM HEALTHCARE. 39445 39445 STRIDES FOR SHELTER 5K RUN / WALK IS PRESENTED BY THE CANOPY HOUSING FOUNDATION ANNUALLY AND IS DEDICATED TO MEETING THE NEEDS OF THE LOCAL HOMELESS COMMUNITY. THE RACE HAS GENERATED OVER $130,000 THAT HAS BEEN RETURNED TO THE COMMUNITY FOR HOMELESS INITIATIVES SINCE ITS INCEPTION. PROCEEDS OF $39,444.97 FROM THE 2022 STRIDES FOR SHELTER 5K RUN / WALK WERE DONATED TO THE CHARLOTTE RESCUE MISSION. THE CHARLOTTE RESCUE MISSION SERVES THOSE AT THE INTERSECTION OF HOMELESSNESS AND ADDICTION THROUGH HOUSING, COUNSELING, FITNESS, AND EDUCATIONAL PROGRAMS. RACE PROCEEDS WERE USED TOWARD NEEDED RENOVATIONS TO THEIR FACILITY. THE FOUNDATION PROVIDES VARIOUS EDUCATIONAL PROGRAMS. THE WORKFORCE HOUSING CERTIFICATE PROGRAM (WHCP) EDUCATES REALTORS TO WORK WITH FIRST-TIME BUYERS AND CLIENTS PURCHASING IN THE AFFORDABLE PRICE RANGE (UP TO 80% OF MEDIAN INCOME) AND HELPS THE PUBLIC MORE READILY IDENTIFY REALTORS WHO HAVE ACQUIRED THE EDUCATION AND SKILLS TO CONDUCT REAL ESTATE TRANSACTIONS IN THE WORKFORCE-HOUSING MARKET. 346741 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X X MICHELLE MCCOOL 7049403148 1120 PEARL PARK WAY SUITE 200 CHARLOTTE NC 28204 LEE ALLEN PRESIDENT 0.50 9.50 X X 0 12000 1420 CHARISMA DOCKERY SMITH SECRETARY 0.50 9.50 X X 0 2000 1180 JUSTIN CKEZEPIS DIRECTOR 0.50 1.50 X 0 0 1420 JOAN GOODE DIRECTOR 0.50 1.50 X 0 0 1180 TIFFANY JOHANNES PRESIDENT-ELECT 0.50 9.50 X X 0 2000 1420 DAVID KENNEDY PAST PRESIDENT 0.50 9.50 X X 0 9000 1180 GEENA FIE TREASURER 0.50 9.50 X X 0 2000 1420 MAREN BRISSON-KUESTER DIRECTOR 0.50 1.50 X 0 0 1240 JASON MORTON DIRECTOR 0.50 1.50 X 0 0 1180 TANYA BROWN DIRECTOR 0.50 1.50 X 0 0 1240 DAVID DEAL DIRECTOR 0.50 1.50 X 0 0 1180 BRENDA HAYDEN DIRECTOR 0.50 1.50 X 0 0 1180 SALLIE MYRICK DIRECTOR 0.50 1.50 X 0 0 1180 BRIAN CAGLE DIRECTOR 0.50 1.50 X 0 0 1420 JENNIFER FRONTERA DIRECTOR 0.50 1.50 X 0 0 1180 ALMA JACOBS DIRECTOR 0.50 1.50 X 0 0 520 JULIE PORTER DIRECTOR 0.50 0.00 X 0 0 0 RICK JUDSON DIRECTOR 0.50 0.00 X 0 0 0 ANNE MARIE DECATSYE CEO 2.00 38.00 X 0 434174 53140 MICHELLE MCCOOL CFO 2.00 38.00 X 0 185850 29961 0 647024 102641 0 0 1 0 0 92534 284409 141513 42982 518456 229 229 50016 92534 59232 -9216 -9216 509469 0 0 -8987 130445 130445 235545 151190 19891 64464 6954 695 6259 6000 3851 507 1642 223 223 SHARED SERVICES EXPENSE 48864 31365 4126 13373 PROGRAM EVENTS 29707 29707 1204 183 716 305 458942 346741 26158 86043 804096 875310 1206368 1065614 2010464 1940924 0 158 0 900 116055 135684 116055 136742 X 1321596 1225138 572813 579044 1894409 1804182 2010464 1940924 X 50527 -140754 X 0 1 X 1 0 X 413970 561277 957623 475735 518456 2927061 413970 561277 957623 475735 518456 2927061 1811535 1115526 5195 3279 229 8703 6806 6806 2942570 0.37910 0.37630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1206368 -140754 1065614 1084488 121880 1206368 845071 140000 99417 1084488 735973 109098 845071 775435 -39462 735973 1.00000 0.00000 0.00000 1 0 0 BENEFICIAL INTEREST IN TRUST 1065614 1065614 DUE TO AFFILIATED ORGANIZATION 135684 135684 X 471641 -140754 72068 30858 -37828 509469 0 509469 561868 72068 30858 102926 458942 0 458942 PART V, LINE 4: THE ENDOWMENT FUNDS ARE DESIGNATED TO BE USED FOR THE CONTINUED SUPPORT OF THE FOUNDATION'S OPERATIONS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS TAX-EXEMPT PURPOSE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND APPLICABLE STATE STATUTES. THE FOUNDATION IS LIABLE FOR FEDERAL AND STATE TAXES ON ANY UNRELATED BUSINESS INCOME, AS DEFINED IN THE CODE. THE FOUNDATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 30,858. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 30,858. HOLIDAY AUCTION 61630 28374 33256 28374 5K EVENT 76602 59842 16760 30858 2 4318 4318 142550 92534 50016 59232 59232 -9216 1 CHARLOTTE RESCUE MISSION PO BOX 33000 CHARLOTTE NC 28233 560571223 501(C)(3) 39445 0 GENERAL SUPPORT 1 0 PART I, LINE 2: APPLICATIONS SUBMITTED FOR THE COMMUNITY GRANTS AND HABITAT SUPPORT PROGRAMS ARE REVIEWED AND RATED ACCORDING TO COMMUNITY IMPACT, PROJECT FEASIBILITY, FISCAL STRENGTH AND REALTOR SUPPORT. THE FOUNDATION RESERVES THE RIGHT TO REQUEST ADDITIONAL YEAR-END REPORTS TO CERTIFY THAT THE FUNDS WERE DISPERSED AS PROPOSED IN THE APPLICATION SUBMITTED. THE BOARD ULTIMATELY APPROVES ALL GRANTS AWARDED BY THE FOUNDATION. 0 0 0 0 0 0 0 0 0 ANNE MARIE DECATSYE CEO 0 393024 0 41150 0 0 0 22875 0 30265 0 487314 0 0 MICHELLE MCCOOL CFO 0 175500 0 10350 0 0 0 13986 0 15975 0 215811 0 0 X AUCTION ITEMS 206 28374 FMV X 5K DONATED ITEMS 25 14608 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION HAS ITS OWN DEDICATED BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS COMPRISED OF THOSE WHO SERVE AS THE EXECUTIVE COMMITTEE OF THE ASSOCIATION BOARD OF DIRECTORS (TO PROVIDE CONTINUITY IN LEADERSHIP). ALL FOUNDATION BOARD MEMBERS ARE APPOINTED BY THE ASSOCIATION LEADERSHIP AND PER THE BY-LAWS, THE BOARD MUST HAVE NO MORE THAN 20 PERSONS SERVING AT ONE TIME WITH 75% BEING COMPRISED OF REALTOR MEMBERS AND 25% BEING COMPRISED OF COMMUNITY LEADERS. THE COMMUNITY LEADERS REPRESENT THE FOLLOWING AREAS OF THE COMMUNITY AT-LARGE: CORPORATE, FAITH, HOUSING NON-PROFITS, BUILDER / CONSTRUCTION AND FINANCE. THE FOUNDATION'S BOARD ALSO INCLUDES THE CHAIRMAN OF THE HOUSING OPPORTUNITY FOUNDATION COMMITTEE, WHO REPORTS ON BEHALF OF ALL COMMITTEE ACTIVITY AND IS APPOINTED BY THE ASSOCIATION'S PRESIDENT AND APPROVED BY THE ASSOCIATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE FOUNDATION'S EXECUTIVE DIRECTOR, CFO AND CEO. A DRAFT IS SHARED AND REVIEWED WITH THE BOARD OF DIRECTORS PRIOR TO FILING. THE PUBLIC DISCLOSURE VERSION IS ALSO POSTED FOR ASSOCIATION MEMBERS TO LOGIN AND REVIEW AS WELL AND IS AVAILABLE UPON REQUEST TO THE GENERAL PUBLIC. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF DIRECTORS AND OTHER HOUSING OPPORTUNITY FOUNDATION ("HOF") LEADERS. THE POLICY REQUIRES THEM TO IMMEDIATELY DISCLOSE ALL FACTS MATERIAL TO ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AT THE OUTSET OF ANY DISCUSSION BY HOF PERTAINING TO THE BUSINESS. ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REVIEWED AND EVALUATED BY HOF LEADERSHIP. HOF LEADERSHIP DETERMINES THE APPROPRIATE STEPS NECESSARY TO ALLEVIATE, MONITOR AND DEAL WITH CONFLICTS, SUCH AS RESTRICTING THE ACTIONS OF PERSONS WITH A CONFLICT BY PROHIBITING THEM FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATION AND DECISIONS FOR A PARTICULAR ISSUE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUST -140,754. CHARLOTTE REGIONAL REALTOR ASSOCIATION 1120 PEARL PARK WAY SUITE 200 CHARLOTTE NC 28204 560174058 REALTOR ASSOCIATION NC 501(C)(6) N/A N/A 0 CAROLINA MULTIPLE LISTING SERVICES INC 1120 PEARL PARK WAY SUITE 200 CHARLOTTE NC 28204 561731051 MULTIPLE LISTING SERVICE NC N/A C 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 CHARLOTTE REGIONAL REALTOR (R) ASSOCIATION C 284409 BOOK CHARLOTTE REGIONAL REALTOR (R) ASSOCIATION M 235544 BOOK