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Organizations Education Common Wealth Associates Inc

Common Wealth Associates Inc

Fiscal year ending 2025. Filed on November 11, 2025.

5301 Wilkinson Blvd
Charlotte, North Carolina 28208

Common Wealth Associates Inc (EIN: 30-0842673) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2025 IRS Form 990 filing, Common Wealth Associates Inc, a 501(c)(3) charitable organization, reported compensation for 1 out of 16 total employees. Among the employees shown here, the average compensation is $144,502. The highest compensated employee at Common Wealth Associates Inc is Chuck Jones with fiscal year 2025 compensation of $144,502. Common Wealth Associates Inc changed its name from Common Wealth Charlotte Inc in 2019.

Revenue, expenses, and employee compensation

Revenue

$1,191,040

Expenses

$1,453,173

Employee compensation

$1,031,189
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chuck Jones
Executive Director
$144,502
$139,944 No related comp$4,558

Benchmark Employee Compensation

Non-Employee Board Members

Amy Jacobs
Secretary
Barbara Meeks
Director
Brian Li
Director
Devin Norales
Director
Faye Gaddy
Board Treasurer
Kayla Taylor
Board Chair
Kim Sloat
Director
Pamela Hutson
Director
Raquishela Stewart
Director
Rukiya Kelly
Director
Sam Smith
Director
Vanessa Clark
Director

Mission Statement

To equip low-income wage earners with increased financial capability so they can attain financial stability and decrease reliance on charitable assistance. This is achieved through a trauma-informed approach including education, personalized counseling, access to banking, and no-interest loans.

Revisions to this organization profile

November 11, 2025:
2025 Common Wealth Associates Inc 990 filed
January 20, 2025:
2024 Common Wealth Associates Inc 990 filed
October 17, 2023:
2023 Common Wealth Associates Inc 990 filed

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