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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mosaic Development Group

Mosaic Development Group

Fiscal year ending 2024. Filed on November 13, 2025.

445 S Main Street Suite 400
Davidson, North Carolina 28036

Mosaic Development Group (EIN: 56-0883684) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Mosaic Development Group, a 501(c)(3) charitable organization, reported compensation for 4 out of 8 total employees. Among the employees shown here, the average compensation is $170,331. The highest compensated employee at Mosaic Development Group is William Bolstad with fiscal year 2024 compensation of $214,412. Mosaic Development Group changed its name from The Affordable Housing Group of North Carolina Inc. in 2017.

Revenue, expenses, and employee compensation

Revenue

$3,390,095

Expenses

$2,461,636

Employee compensation

$857,919
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William Bolstad
Executive Director
$214,412
$196,707 No related comp$17,705
Jill V Weaver
Accounting Manager
$164,249
$141,557 No related comp$22,692
Jimmy Royster
Senior Project Manager
$162,772
$148,436 No related comp$14,336
Lisa Lemos
Asset Manager
$139,889
$118,855 No related comp$21,034

Benchmark Employee Compensation

Non-Employee Board Members

Cari Jones
Board Chair
David Gitlin
Board Member
Jeff Staudinger
Board Member
Kim Graham
Board Vice Chair
Kory Jeter
Board Member
Latonya Shoaf
Board Member
Mary Reca Todd
Board Secretary
Shaun Golden
Board Member
Sheryl Fortune
Board Member
Tammie Rhodes
Board Treasurer
Veronica Clemmons
Board Member

Mission Statement

TO ENHANCE COMMUNITIES AND IMPROVE LIVES THROUGH DIVERSE HOUSING AND ECONOMIC DEVELOPMENT SOLUTIONS. MOSAIC BELIEVES THAT HIGH QUALITY HOUSING FOR A VARIETY OF INCOMES IS A CATALYST FOR VIBRANT, HEALTHY COMMUNITIES. THEIR VISION IS THAT EVERYONE HAS ACCESS TO HIGH QUALITY HOUSING, IN THRIVING COMMUNITIES THAT OFFER A VARIETY OF JOBS AND SERVICES.

Revisions to this organization profile

November 13, 2025:
2024 Mosaic Development Group 990 filed
November 15, 2024:
2023 Mosaic Development Group 990 filed
November 14, 2023:
2022 Mosaic Development Group 990 filed

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