Union Community Development Corporation EIN 52-2258374 Form 990 (PDF) Claim this org

Union Community Development Corporation

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Nurturing participants' well-being through engaging, safe, and supportive programs. For fiscal year 2023 it reported $264K in revenue, $239K in expenses.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Winston Salem, NC
Filings
1 on file (2023–2023)
Revenue
$264KFY2023
Expenses
$239K
Net assets
$0
People
4
Filings
1
Updates
0
More identity details & actions ⌄
EIN  52-2258374 Public charity (501(c)(3)) Winston Salem, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Nurturing participants' well-being through engaging, safe, and supportive programs.
Leadership
Money in and out
$264K revenue, $239K expenses
Bottom line
41% program efficiency
Where the money goes · FY2023
Total revenue
$264K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.41 Management & general $0.59
Program efficiency
41%
of spending reaches programs
Surplus margin
+9%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total revenue
$264K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B41%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUnion Community Development Corporation
EINHdr · item D52-2258374
Principal addressHdr · item CWinston Salem, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S31)
Ruling yearIRS BMFSep 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $47K of program spending, described in the organization's own filed words · FY2023.
01

Youth Character Football League (YCFL)provides youth Ages 6 -12 both football players and cheerleaders with a positive educational, character, and athletic experience while addressing the issue of childhood obesity, gang violence prevention, personality, esteem development, and healthy social enhancement skills.

$24Kprogram expense
02

Steam & Read

This program provides experiences that nurture not only academic growth, but also social emotional learning, personal development, and above all, a love for lifelong learning. The program enrolled and served 125 children, who were able to enhance READING SKILLS while incorporating science, technology, engineering, arts and math in a fun…

$14Kprogram expense
03

Corner 2 Corner (C2C)- this program aims to ameliorate the barriers to re-entry, and positive transformation once a participant is ready to invest in themselves for the attainment of better lifestyle trajectories.

$9Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$264K
— government grantsLn 1e$262K
Total revenueLn 12$264K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.41 Management & general $0.59
Program services41%$98K
Management & general59%$141K
Total functional expensesLn 25$239K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $239K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $98K · Total expenses $239K
41%
Management & General
Management & general $141K · Total expenses $239K
59%
Fundraising
Fundraising $0 · Total expenses $239K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $264K · Total revenue $264K
100%
Government reliance
Government grants $262K · Total revenue $264K
99%
Earned-income share
Program service revenue $0 · Total revenue $264K
0%
Investment reliance
Investment income $0 · Total revenue $264K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $239K
0%
Growth & trend
Revenue growth (YoY)
This year $264K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $264K · Expenses $239K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dr Sir Walter Mack JR · Reported title Chairman · Highest reported compensation $0 · Total expenses $239K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $68K · Total expenses $239K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 41%
Overhead ratio 59%
Fundraising cost ratio 0%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$12K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$264K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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