2025-11-10T13:49:12-06:00 2024-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2024-01-01 561609175 CHARLOTTE REGIONAL REALTOR ASSOC HOUSING OPPORTUNITY FOUNDATION CHAR 7049403148 1120 PEARL PARK WAY 200 CHARLOTTE NC 28204 ANNE MARIE DECATSYE CEO 7049403148 2025-11-05 1 1 BREE-ANN WEIDNER P01319397 7043771678 2024 2025-03-06 01:10:19Z CANOPY HOUSING FOUNDATION ANNE MARIE DECATSYE 1120 PEARL PARK WAY 200 CHARLOTTE NC 28204 596550 0 X WWW.CANOPYHOUSINGFOUNDATION.ORG X 1985 NC REALTORS CREATING HOUSING OPPORTUNITIES THROUGH ADVOCACY, EDUCATION, FUNDING AND LEADERSHIP. 18 18 0 600 0 0 495575 488033 0 0 1413 29410 44259 24545 541247 541988 134500 153625 0 0 0 0 0 0 118515 391885 380890 526385 534515 14862 7473 2091277 2256114 164742 211180 1926535 2044934 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 244046 2625 REALTORS CARE DAY IS AN ANNUAL COMMUNITY SERVICE PROJECT COORDINATED BY THE FOUNDATION WHERE APPROXIMATELY 350 REALTOR VOLUNTEERS WORKED TO PROVIDE CRITICAL HOME REPAIRS FOR 16 HOMES AND FACILITIES IN MECKLENBURG, IREDELL AND HAYWOOD COUNTIES. INCLUDED IN THE PROJECT WERE REPAIRS MADE TO THE FACILITIES OF THREE NON-PROFIT / MUNICIPAL ENTITIES: CHILDREN'S HOME OF IREDELL (STATESVILLE, NC), FAVAR MINISTRIES (CHARLOTTE, NC) AND SORRELLS STREET PARK (CANTON, NC). IN ADDITION, TWO SEPARATE FOOD DRIVES WERE HELD IN CONJUNCTION WITH THE PROJECT WITH MORE THAN 7,000 LBS OF FOOD COLLECTED FOR AREA FOOD PANTRIES. IN SELECTING WORK SITES, THE FOUNDATION WORKS WITH LOCAL HOUSING PARTNERS SUCH AS HABITAT AND LOCAL MUNICIPALITIES TO IDENTIFY ELIGIBLE HOMEOWNERS, WHO THEN GO THROUGH A DETAILED APPLICATION AND VERIFICATION PROCESS. SINCE ITS INCEPTION 15 YEARS AGO, THIS PROJECT HAS ASSISTED 331 FAMILIES AND NON-PROFIT ORGANIZATIONS. 112500 112500 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 ($26,500) - 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 ($75,000) - 25 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 IN THEIR HONOR. IN 2024, THE ORGANIZATIONS CHOSEN AS RECIPIENTS OF THE HONOR WERE WINE TO WATER WHICH RECEIVED $2,500, AN ORGANIZATION DEDICATED TO PROVIDING CLEAN WATER SOURCES TO DEVASTATED COMMUNITIES IN NEED. THE OTHER ORGANIZATION AWARDED $2,500 WAS LAKE NORMAN HUMANE TO ASSIST THEIR RESCUE WORK WITH DISPLACED ANIMALS AS A RESULT OF HURRICANE HELENE. IN 2019, THE FOUNDATION 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 2024, THE RECIPIENT CHOSE TWO ORGANIZATIONS TO SHARE THE HONORARIUM, WHICH INCLUDED THE RONALD MCDONALD HOUSE OF CHARLOTTE AND THE STAN GREENSPON HOLOCAUST AND SOCIAL JUSTICE EDUCATION CENTER. 38500 38500 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 $210,500 (INCLUDES THE 2024 YEAR) THAT HAS BEEN RETURNED TO THE COMMUNITY FOR HOMELESS INITIATIVES SINCE ITS INCEPTION. PROCEEDS OF $38,500 FROM THE 2024 STRIDES FOR SHELTER 5K RUN / WALK WERE DONATED TO THE HOME AGAIN FOUNDATION. HOME AGAIN FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO PROVIDING SUSTAINABLE, AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES FOR THE HOMELESS AND THOSE WHO ARE AT RISK OF BECOMING HOMELESS. FUNDS FROM THE RACE WILL ASSIST IN CONSTRUCTING A ONE-BEDROOM, ONE-BATH HOME FOR A HOMELESS VETERAN. 395046 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 1 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 SC X X MICHELLE MCCOOL 7049403148 1120 PEARL PARK WAY SUITE 200 CHARLOTTE NC 28204 TIFFANY JOHANNES PAST PRESIDENT 0.50 9.50 X X 0 2000 1626 ALLEN DARGINS SECRETARY 0.50 9.50 X X 0 2000 1626 CHARISMA SOUTHERLAND PRESIDENT 0.50 9.50 X X 0 12000 1386 MAREN BRISSON-KUESTER BOARD MEMBER 0.50 0.00 X 0 0 1626 TANYA BROWN BOARD MEMBER 0.50 0.00 X 0 0 1586 BEVERLY NEWELL BOARD MEMBER 0.50 0.00 X 0 0 1386 JASON MORTON BOARD MEMBER 0.50 0.00 X 0 0 1386 SALLIE MYRICK BOARD MEMBER 0.50 1.50 X 0 0 1386 ALMA JACOBS BOARD MEMBER 0.50 0.00 X 0 0 606 RICK JUDSON BOARD MEMBER 0.50 0.00 X 0 0 0 AMY SPIVEY BOARD MEMBER 0.50 0.00 X 0 0 1386 MARTA TATEJE BOARD MEMBER 0.50 0.00 X 0 0 0 DANIEL WRIGHT BOARD MEMBER 0.50 0.00 X 0 0 0 MAGDA ESOLA PRESIDENT - ELECT 0.50 9.50 X X 0 9000 1386 TODD LONG TREASURER 0.50 9.50 X X 0 2000 1386 MARTHA BORGESE BOARD MEMBER 0.50 0.00 X 0 0 1386 SHAUNA GRAVES BOARD MEMBER 0.50 0.00 X 0 0 1626 BLAKE LEWIS BOARD MEMBER 0.50 0.00 X 0 0 1386 ANNE MARIE DECATSYE CEO 2.00 38.00 X 0 486956 56118 MICHELLE MCCOOL CFO 2.00 38.00 X 0 206910 31551 0 720866 108839 0 0 1 0 0 46734 345662 95637 43708 488033 29410 29410 79107 46734 54562 24545 24545 541988 0 0 53955 140625 140625 13000 13000 291450 182156 15739 93555 6793 678 6115 6000 5166 440 394 375 323 27 25 SHARED SERVICES EXPENSE 54212 33882 2928 17402 PROGRAM EVENTS 6481 6481 15579 13413 1142 1024 534515 395046 20954 118515 366417 391331 551503 580752 252 0 1173105 1284031 2091277 2256114 225 5001 1500 0 163017 206179 164742 211180 X 1366531 1455681 560004 589253 1926535 2044934 2091277 2256114 X 7473 110926 X 0 1 X 1 0 X 957623 475735 518456 495575 488033 2935422 957623 475735 518456 495575 488033 2935422 1958826 976596 5195 3279 229 1413 29410 39526 6806 44259 24545 75610 3050558 0.32010 0.36780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1173105 110926 1284031 1065614 107491 1173105 1206368 -140754 1065614 1084488 121880 1206368 845071 140000 99417 1084488 1.00000 0.00000 0.00000 1 0 0 BENEFICIAL INTEREST IN TRUST 1284031 1284031 DUE TO AFFILIATED ORGANIZATION 206179 206179 X 757848 50372 110926 161298 596550 -54562 -54562 541988 639449 50372 54562 104934 534515 0 534515 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: CHANGE IN BENEFICIAL INTERST 110,926. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES -54,562. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 54,562. HOLIDAY AUCTION 60343 30541 29802 30839 5K EVENT 65498 16193 49305 23723 2 125841 46734 79107 54562 54562 24545 1 HOME AGAIN FOUNDATION 7427 MATTHEWS MINT HILL CHARLOTTE NC 28227 830931278 501(C)(3) 38500 0 GENERAL SUPPORT 1 0 SCHOLARSHIPS 6 13000 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 435356 0 51600 0 0 0 25875 0 30243 0 543074 0 0 MICHELLE MCCOOL CFO 0 186622 0 0 0 20288 0 15571 0 15980 0 238461 0 0 PART I, LINE 3 EXECUTIVES ARE COMPENSATED BY A RELATED ORGANIZATION, CHARLOTTE REGIONAL REALTORS ASSOCIATION ("CRRA"). CRRA USES COMPARABILITY DATA (FROM FORMS 990 OF OTHER ORGANIZATIONS AND BY COMPENSATION STUDIES OF OTHER SIMILARLY SIZED REALTOR(R) ASSOCIATIONS) TO DETERMINE THE SALARY OF THE CEO. AFTER AN ANNUAL PERFORMANCE REVIEW OCCURS, COMPARABILITY DATA IS REVIEWED TO DETERMINE IF ANY PAY CHANGE IS DEEMED WARRANTED. THE INDIVIDUALS APPROVING THE COMPENSATION AND THE DATA UPON WHICH THEY RELY ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. X AUCTION ITEMS 100 29341 FMV X DONATED SUPPLIES 21 14367 FMV 0 0 0 0 PART I, COLUMN (B): THE AMOUNTS LISTED IN COLUMN B REPRESENT THE NUMBER OF ITEMS CONTRIBUTED. 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 110,926. 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 1 0 0 0 0 CHARLOTTE REGIONAL REALTOR (R) ASSOCIATION C 345662 BOOK CHARLOTTE REGIONAL REALTOR (R) ASSOCIATION M 291450 BOOK CHARLOTTE REGIONAL REALTOR (R) ASSOCIATION P 54212 BOOK