2024-02-02T10:50:55-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2022-07-01 560530008 COMMUNITY LINK PROGRAMS OF TRAVELERS AID SOCIETY OF CENTRAL CAROLINAS INC COMM 7049439490 601 E 5TH STREET 500 CHARLOTTE NC 282023093 TAMEKA GUNN PRESIDENT/CEO 7049439490 2024-02-02 1 TAMEKA GUNN 999009999 0 JOHN NORMAN P01506766 7049985200 2024-02-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z COMMUNITY LINK TAMEKA GUNN 601 E 5TH STREET 500 CHARLOTTE NC 282023093 5607647 0 X WWW.COMMUNITYLINKNC.ORG X 1929 NC TO ENABLE INDIVIDUALS AND FAMILIES TO OBTAIN AND SUSTAIN SAFE, DECENT, AND AFFORDABLE HOUSING. 12 12 38 75 0 0 5689331 4919044 5761 33565 113673 150923 122601 5032 5931366 5108564 3207121 2551977 0 0 1771223 1792085 0 51893 170455 789926 700333 5768270 5096288 163096 12276 2277369 3432986 1002067 2133922 1275302 1299064 X TO ENABLE INDIVIDUALS AND FAMILIES TO OBTAIN AND SUSTAIN SAFE, DECENT, AND AFFORDABLE HOUSING. 0 0 3924333 2551977 HOMELESS TO HOUSING: EVERY DAY WE HELP INDIVIDUALS AND FAMILIES WHO ARE EXPERIENCING HOMELESSNESS IDENTIFY AND SECURE APPROPRIATE HOUSING. WHEN NEEDED, WE PAY RENTAL SUBSIDIES TO SUPPORT THEIR MOVES. WHILE IN THE PROGRAM, HOUSEHOLDS WORK WITH COUNSELORS (CASEWORKERS) TO ADDRESS THE ISSUES THAT LED TO HOMELESSNESS. WE SERVE VETERANS, PEOPLE WITH DISABILITIES, THOSE FLEEING DOMESTIC VIOLENCE, AND THE CHRONICALLY HOMELESS. DURING THE YEAR, WE HELPED 1,194 PEOPLE THROUGH OUR HOMELESS TO HOUSING PROGRAM. 561491 184529 ASSET BUILDING: WE HELP LOW TO MODERATE INCOME HOUSEHOLDS GROW SAVINGS, BUY A FIRST HOME, PREVENT FORECLOSURE, AND RECEIVE FREE TAX ASSISTANCE. INDIVIDUALS AND FAMILIES PARTICIPATE IN OUR FINANCIAL EMPOWERMENT WORKSHOPS THAT INCLUDE BUDGETING, SAVING, CREDIT REPAIR, AND BANKING/FINANCIAL PRODUCTS TO IMPROVE THEIR FINANCIAL HEALTH AND INDEPENDENCE. WE ALSO PROVIDE FREE TAX PREPARATION SERVICES TO HELP LOWER-INCOME PEOPLE FILE THEIR TAXES AND OBTAIN MUCH-NEEDED TAX REFUNDS. WE EDUCATED AND COUNCELED 306 INDIVIDUALS AND PREPARED 1,625 TAX RETURNS.OUR ORGANIZATION IS A HOUSING AND URBAN DEVELOPMENT (HUD) -APPROVED AGENCY AND SERVICES ARE PROVIDED BY CERTIFIED HOUSING COUNSELORS. 4485824 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 209 0 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ASCEND NONPROFIT SOLUTIONS 7049439515 601 E FIFTH STREET SUITE 450 CHARLOTTE NC 28202 KATHY CUMMINS CHAIR 2.00 X X 0 0 0 MARTHA BORGESE VICE-CHAIR 2.00 X X 0 0 0 ROD BANKS SECRETARY 2.00 X X 0 0 0 JOEL BLEVINS TREASURER 2.00 X X 0 0 0 DINO CRNALIC DIRECTOR 1.00 X 0 0 0 ELIZABETH TEAGARDEN DIRECTOR 1.00 X 0 0 0 JAMES WARD DIRECTOR 1.00 X 0 0 0 UNETTA MOORE DIRECTOR 1.00 X 0 0 0 RODERICK BANKS CHAIR 2.00 X X 0 0 0 KEITH ALEXANDER DIRECTOR 1.00 X 0 0 0 STEPHANIE DILLON DIRECTOR 1.00 X 0 0 0 CAROL WILLAMS DIRECTOR 1.00 X 0 0 0 ERIN SMITH DIRECTOR 1.00 X 0 0 0 FLOYD DAVIS PRESIDENT & CEO (FORMER) 40.00 X 170629 0 26511 TAMEKA GUNN CHIEF EXECUTIVE OFFICER (CURRENT) 40.00 X 76041 0 19317 246670 0 45828 1 0 1 0 ASCEND NONPROFIT SOLUTIONS 601 E FIFTH STREET SUITE 450 CHARLOTTE NC 28202 HR AND FINANCE 202784 1 300494 3580403 1038147 330000 4919044 SERVICE FEES 624100 33565 33565 33565 6 6 650000 47 499036 -47 150964 150917 150964 -47 MISCELLANEOUS REVENUE 624100 5032 5032 5032 5108564 184529 0 4991 2551977 2551977 1388440 1146678 199643 42119 299360 238096 49382 11882 104285 86366 14660 3259 196785 153619 37443 5723 51893 51893 156346 93296 11442 51608 39117 32550 5405 1162 115445 101961 13484 36401 21286 14998 117 67452 188 67055 209 3218 2946 167 105 22160 4663 17497 RENTAL AND MAINTENANCE 51899 49187 908 1804 MISCELLANEOUS 11510 3011 7925 574 5096288 4485824 440009 170455 96047 78411 12611 56739 1065629 794456 91525 1724 247543 178225 1914825 98135 572130 1816690 191884 506741 2277369 3432986 272687 98181 729380 447225 0 1588516 1002067 2133922 X 821528 1097347 453774 201717 1275302 1299064 2277369 3432986 12276 11486 0 X 0 1 X 1 1 1 X 5328906 4739509 6089689 5689331 4919044 26766479 5328906 4739509 6089689 5689331 4919044 26766479 754996 26011483 59872 85803 91755 90635 6 328071 4338 7498 14996 33675 5032 65539 27160089 352155 0.95770 0.96080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 4,338. 2019 AMOUNT: $ 7,498. 2020 AMOUNT: $ 14,996. 2021 AMOUNT: $ 33,675. 2022 AMOUNT: $ 5,032. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 401806 401806 6684 6681 3 1506335 91454 1414881 1816690 457B ASSET 176741 ASSETS HELD FOR SALE 330000 506741 CURRENT ROU LIABILITY 66383 LONG-TERM ROU LIABILITY 1345392 457B LIABILITY 176741 1588516 X 5074471 11486 105385 116871 4957600 150964 150964 5108564 5201673 105385 105385 5096288 0 5096288 PART X, LINE 2: COMMUNITY LINK, PROGRAMS OF TRAVELERS AID SOCIETY OF CENTRAL CAROLINAS, INC. IS A NORTH CAROLINA NONPROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. COMMUNITY LINK HOME OWNERSHIP, LLC IS A SINGLE MEMBER LIMITED LIABILITY COMPANY. AS SUCH, IT IS CONSIDERED A DISREGARDED ENTITY FOR TAX PURPOSES. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. U.S. GAAP REQUIRES THE ORGANIZATION TO RECOGNIZE A TAX BENEFIT OR EXPENSE FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION HAS EVALUATED ITS TAX POSITION AND MANAGEMENT BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 OR 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSETS AVAILABLE FOR SALE 150,964. X X X X 1 COMMUNICATION MARK 233 TAMPA CIRCLE ARDEN NC 28704 FUNDRAISING CONSULTING AND GRANT WRITING 0 468000 51893 416107 468000 51893 416107 1 TRAVEL ASSISTANCE 209 40262 HOUSING/UTILITY ASSISTANCE 1194 2511715 PART I, LINE 2: EACH CUSTOMER'S ABILITY TO PAY RENT/UTILITIES IS ASSESSED AND COMPARED TO CURRENT FAIR MARKET RENTS IN THE AREA. COMMUNITY LINK UTILIZES THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S TENANT RENT CALCULATION WORKSHEET TO DETERMINE EACH CUSTOMER'S AFFORDABILITY. COMMUNITY LINK COMMITS TO THE LANDLORD TO PAY THE REMAINING PORTION. THE PAYMENT TO THE LANDLORD GOES THROUGH AN INTERNAL APPROVAL PROCESS PRIOR TO BEING PROCESSED. X X X X 0 1 0 0 0 0 0 0 0 FLOYD DAVIS PRESIDENT & CEO (FORMER) 170629 0 0 0 0 0 6443 0 20068 0 197140 0 0 0 PART I, LINE 3 EXECUTIVE COMMITTEE REVIEWS AND DETERMINES COMPENSATION. CFSC PEER ANALYSIS, NONPROFIT TIME, MERCER CONSULTING, CHARITY NAVIGATOR ARE USED IN THIS PROCESS. X 1 330000 APPRAISAL 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS OF THE BOARD OF DIRECTORS AND THE CHAIRS OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD OF DIRECTORS BETWEEN ITS REGULAR MEETINGS WHERE A QUORUM OF THE BOARD OF DIRECTORS WOULD BE IMPRACTICAL OR IMPOSSIBLE, EVALUATE THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S PERFORMANCE, DETERMINE HIS/HER COMPENSATION ANNUALLY, AND HANDLE SUCH MATTERS AS MAY BE DELEGATED TO IT BY RESOLUTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE AUDIT COMMITTEE AND FEEDBACK IS GIVEN IF NEEDED. AFTER THEIR REVIEW IT IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C WHEN ACTION IS TAKEN BY THE BOARD, THE QUESTION IS ASKED IF THERE ARE ANY CONFLICTS. IF SOMEONE ANSWERS YES, THAT PERSON ABSTAINS FROM VOTING AND IT IS NOTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE REVIEWS AND DETERMINES COMPENSATION. CFSC PEER ANALYSIS, NONPROFIT TIME, MERCER CONSULTING, CHARITY NAVIGATOR ARE USED IN THIS PROCESS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND UPON REQUEST. COMMUNITY LINK HOME OWNERSHIP LLC 601 E FIFTH STREET SUITE 500 CHARLOTTE NC 28202 921359458 ASSIST LOW INCOME IND/FAM IN LOCATING AND PURCHASING AFFORDABLE HOUSING. NC 330006 834189 COMMUNITY LINK COMMUNITY LINK AFFORDABLE HOUSING LLC 601 E 5TH STREET SUITE 500 CHARLOTTE NC 28202 921373536 ASSISTING LOW TO MODERATE INCOME INDIVIDUALS & FAMILIES IN LOCATING HOUSING NC COMMUNITY LINK