Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Belmont Community Development Corporation, founded in 1990, is a micro nonprofit in the Community Improvement sector that reported $38K in total revenue in fiscal year 2022. Expenses of $183K exceeded revenue, resulting in a 377% operating deficit.
The mission of Belmont CDC is to preserve the historic integrity of the Belmont neighborhood of Charlotte, North Carolina and surrounding areas, utilizing traditional and non-traditional methods of community economic development. The goal of Belmont CDC is to provide affordable housing, educational, and living wage employment opportunities; business and entrepreneurship development, elderly housing, services for low-to-moderate-income residents, and ensure full access to and participation in the economic revitalization of the community.
The organization works to improve the quality of life of the residents of the Belmont neighborhood in Charlotte, NC by improving housing & providing educational & business opportunities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $38,294 | $39,782 | 0.0% |
| Expenses | $182,557 | $221,165 | -0.2% |
| Net Income | $-144,263 | $-181,383 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Reginald Jones | Executive Dir. | 40.00 |
Officer
|
$83,394 | $0 | $83,394 |
| Sedrick McCallum | Chairman | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Lynch | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Wallace | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Hall | Treasurer | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| Wally Burgess | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $38,294 | $182,557 | $151,522 | $-144,263 |
| 2021 | $39,782 | $221,165 | $298,080 | $-181,383 |
| 2020 | $127,190 | $176,978 | $657,337 | $-49,788 |
| 2019 | $165,221 | $191,005 | $621,016 | $-25,784 |
| 2018 | $252,387 | $220,031 | $546,715 | $32,356 |
Compare Belmont Community Development Corporation with other nonprofits in North Carolina and across the country.