Community Home Trust in Carrboro, North Carolina (NC)

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Community Home Trust
Employer Identification Number (EIN)562141179
Name of OrganizationCommunity Home Trust
Address104 Jones Ferry Rd Ste C, Carrboro, NC 27510-2036
SubsectionCharitable Organization
Ruling Date01/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,683,478
Amount of Income$698,920
Form 990 Revenue Amount$694,786
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing, Shelter (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$694,786
Contributions, Gifts, Grants and Other Similar Amounts$525,739
Program Service Revenue$148,003
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$8,703
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$2,641
Gross rents (Real / Personal)$6,775 / $0
Less: rental expenses (Real / Personal)$4,134 / $0
Rental income or (loss) (Real / Personal)$2,641 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$9,700
Statement of Functional Expenses (for 2012)
Total functional expenses$733,217
Compensation of current officers, directors, trustees, and key employees$91,006
Other salaries and wages$315,331
Payroll taxes$31,387
Professional fundraising services$0
Other$295,493
Balance Sheet (for 2012)
Total assets$2,683,478
Total liabilities$454,737
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$454,737
Total net assets or fund balances$2,228,741
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$2,569,262
Gifts, grants, contributions, and membership fees received$2,500,324
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$68,938
Gross receipts from related activities, etc.$2,045,818
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