NORTH CAROLINA INDIAN HOUSING AUTHORITY

EIN: 561488791 501(c)(3) Housing & Shelter

FAYETTEVILLE, NC

Total Revenue
$1,844,033
Total Expenses
$1,849,683
Total Assets
$5,853,697
Net Assets
$1,862,450
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NC
Principal Officer
BARBARA MELVIN
Phone
9104835073
Tax Period
2024-10-01 to 2025-09-30

NORTH CAROLINA INDIAN HOUSING AUTHORITY, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

PROVIDE AFFORDABLE RENTAL UNITS FOR LOW INCOME FAMILIES AND TO ASSIST THESE FAMILIES IN BECOMING FIRST TIME HOME OWNERS.

Program Service Accomplishments

Program 1
Expenses: $1,492,559 Revenue: $1,844,033

MANAGEMENT, RENTAL, AND MAINTENANCE OF LOW INCOME HOUSING UNITS IN ROBESON, CUMBERLAND, AND SAMPSON COUNTIES (NC); UNDER SUPERVISION OF THE 1937 HOUSING ACT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $367,686
Program Service Revenue $1,412,945
Investment Income $5,021
Other Revenue $58,381
TOTAL REVENUE $1,844,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $686,319
Fundraising Expenses $0
Program Expenses $1,492,559
Other Expenses $1,163,364
TOTAL EXPENSES $1,849,683

Year-over-Year Comparison

2024 2023 Change
Revenue $1,844,033 $1,608,609 +0.1%
Expenses $1,849,683 $1,776,512 +0.0%
Net Income $-5,650 $-167,903 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
9
Volunteers
8

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA MELVIN EXECUTIVE DIRECTOR 40.00
Highest
$114,219 $0 $114,219
WANDA BURNS-RAMSEY BOARD CHAIRMAN 4.00
Director
$0 $0 $0
JOSEPH RICHARDSON VICE-CHAIRMAN 2.00
Director
$0 $0 $0
VIVIAN MAYNOR SECRETARY/TREASURER 2.00
Director
$0 $0 $0
ELTON JACOBS COMMISSIONER 2.00
Director
$0 $0 $0
GLADYS HUNT COMMISSIONER 2.00
Director
$0 $0 $0
CHARLENE MARTIN COMMISSIONER 2.00
Director
$0 $0 $0
DOROTHY MCAULY COMMISSIONER 2.00
Director
$0 $0 $0
THURMAN LOWRY COMMISSIONER 2.00
Director
$0 $0 $0
DR REGINALD OXENDINE COMMISSIONER 2.00
Director
$0 $0 $0
EDWARD SANDERS COMMISSIONER 2.00
Director
$0 $0 $0
JERRY SANDERSON COMMISSIONER 2.00
Director
$0 $0 $0
WHITNEY BELL COMMISSIONER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,844,033 $1,849,683 $5,853,697 $-5,650
2024 $1,608,609 $1,776,512 $5,852,732 $-167,903
2023 $1,582,133 $1,697,478 $5,590,603 $-115,345
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