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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 North Carolina Community Development Initiative Inc.

North Carolina Community Development Initiative Inc.

Fiscal year ending 2019. Filed on November 16, 2020.

5800 Faringdon Place Ste 105
Raleigh, North Carolina 27609

North Carolina Community Development Initiative Inc. (EIN: 56-1845590) has filed an IRS Form 990 from fiscal year 2016–2020. In its fiscal year 2019 IRS Form 990 filing, North Carolina Community Development Initiative Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 9 total employees. Among the employees shown here, the average compensation is $162,759. The highest compensated employee at North Carolina Community Development Initiative Inc. is Tara Kenchen with fiscal year 2019 compensation of $201,562.

Revenue, expenses, and employee compensation

Revenue

$2,496,899

Expenses

$3,264,545

Employee compensation

$923,060
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tara Kenchen
President
$201,562
$168,845 No related comp$32,717
Angela Poole
Chief Financial Officer
$123,955
$103,812 No related comp$20,143

Benchmark Employee Compensation

Non-Employee Board Members

James Speed
Chair
Jeanne Tedrow
Board Member
Joanna Leclair
Secretary
Karla Haynes
Board Member
Louise Mack
Board Member
Nation Hahn
Board Member
Nikitra S Bailey
Board Member
Sharon Jeffries-Jones
Treasurer
Ted Edwards
Board Member
Tyler Mulligan
Board Member
William Wilson
Vice Chair

Mission Statement

NORTH CAROLINA COMMUNITY DEVELOPMENT INITIATIVE IS A STATEWIDE PUBLIC- PRIVATE PARTNERSHIP THAT PROVIDES LEADERSHIP AND CAPITAL INVESTMENT TO HIGH-PERFORMANCE COMMUNITY DEVELOPMENT CORPORATIONS (CDCS) AS WELL AS OTHER COMMINITY BASED ECONOMIC DEVELOPMENT ENDEAVORS, (I.E. SOCIAL ENTERPRISES) TO IMPROVE THE WELL BEING AND QUALITY OF LIFE FOR PEOPLE IN LOW RESOURCE COMMUNITIES.

Revisions to this organization profile

November 16, 2021:
2020 North Carolina Community Development Initiative Inc. 990 filed
November 16, 2020:
2019 North Carolina Community Development Initiative Inc. 990 filed
November 14, 2019:
2018 North Carolina Community Development Initiative Inc. 990 filed

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